NASDAQ:WYNN

Wynn Resorts - WYNN Stock Forecast, Price & News

$106.58

+0.38 (+0.36%)

(As of 03/24/2023 12:00 AM ET)

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Today's Range: $103.02
▼
$106.70
50-Day Range: $98.01
▼
$115.83
52-Week Range: $50.20
▼
$116.50

Volume: 2.30 million shs
Average Volume: 2.46 million shs
Market Capitalization: $12.12 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $107.64

Institutional Ownership

Wynn Resorts MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 1.0% Upside
$107.64 Price Target
Short Interest: Bearish
7.79% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.33
Upright™ Environmental Score
News Sentiment: 0.55
Based on 10 Articles This Week
Insider Trading: Selling Shares
$3.75 M Sold Last Quarter
Proj. Earnings Growth: 396.55%
From $0.87 to $4.32 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.43 out of 5 stars

Consumer Discretionary Sector

249th out of 262 stocks

Hotels & Motels Industry

24th out of 25 stocks

1.4

Analyst's Opinion

Consensus Rating
Wynn Resorts has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $107.64, Wynn Resorts has a forecasted upside of 1.0% from its current price of $106.58.
Amount of Analyst Coverage
Wynn Resorts has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
7.79% of the float of Wynn Resorts has been sold short.
Short Interest Ratio / Days to Cover
Wynn Resorts has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Wynn Resorts has recently increased by 5.77%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Wynn Resorts does not currently pay a dividend.
Dividend Growth
Wynn Resorts does not have a long track record of dividend growth.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Wynn Resorts has received a -101.54% net impact score from Upright. The largest negative impact of Wynn Resorts in category "GHG emissions" seems to be driven mostly by its "Holiday resort services", "Spa resort services", and "Casino hotel services" products. See details.
Environmental Sustainability
The Environmental Impact score for Wynn Resorts is -3.33.

2.0

News and Social Media Coverage

News Sentiment
Wynn Resorts has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Wynn Resorts this week, compared to 10 articles on an average week.
Search Interest
Only 63 people have searched for WYNN on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.
MarketBeat Follows
16 people have added Wynn Resorts to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wynn Resorts insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,749,917.00 in company stock.
Percentage Held by Insiders
Only 0.62% of the stock of Wynn Resorts is held by insiders.
Percentage Held by Institutions
70.95% of the stock of Wynn Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Wynn Resorts are expected to grow by 396.55% in the coming year, from $0.87 to $4.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Wynn Resorts is -28.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wynn Resorts is -28.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Wynn Resorts (NASDAQ:WYNN) Stock

Wynn Resorts Ltd. is a holding company, which engages in the design, development, and operation of destination casino resorts. It operates through the following segments: Wynn Palace, Wynn Macau, Las Vegas Operations, Wynn Interactive and Encore Boston Harbor. The company was founded by Stephen Alan Wynn, Elaine P. Wynn, and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.

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WYNN Stock News Headlines

March 25, 2023 | msn.com

Wynn's 'Awakening' original soundtrack now available

March 24, 2023 | markets.businessinsider.com

DraftKings (DKNG) Receives a Rating Update from a Top Analyst

March 26, 2023 | Weiss Ratings (Ad)

Fed's Shocking New Plan to Control Your Money

The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 

March 24, 2023 | forbes.com

Dillon Francis Celebrates His 10-Year Residency At Wynn Las Vegas

March 21, 2023 | benzinga.com

Looking At Wynn Resorts's Recent Unusual Options Activity

March 20, 2023 | americanbankingnews.com

Wynn Resorts, Limited (NASDAQ:WYNN) CEO Sells $1,125,637.26 in Stock

March 19, 2023 | finance.yahoo.com

Better Buy: Wynn Resorts or Las Vegas Sands Stock?

March 16, 2023 | marketwatch.com

Wynn Resorts Ltd. stock underperforms Thursday when compared to competitors despite daily gains

March 26, 2023 | Weiss Ratings (Ad)

Bank Accounts: Frozen!

In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!

March 16, 2023 | americanbankingnews.com

Wynn Resorts, Limited (NASDAQ:WYNN) Forecasted to Post Q2 2023 Earnings of $0.67 Per Share

March 15, 2023 | msn.com

Wynn Resorts buys Everett power plant site. Is a Revs stadium on the Mystic next?

March 14, 2023 | msn.com

Class action suit filed against Steve Wynn, Wynn Resorts cleared to advance

March 14, 2023 | forbes.com

Las Vegas Rolls Out Luxury Gourmet Events For Wine Lovers And Foodies

March 14, 2023 | benzinga.com

Wynn Resorts Unusual Options Activity For March 14

March 14, 2023 | msn.com

3 Stocks to Buy From a Flourishing Gaming Industry

March 11, 2023 | msn.com

March Madness is here - time to buy or fade sports betting stocks?

March 10, 2023 | finance.yahoo.com

WynnBET Launches Online Sportsbook in Massachusetts

March 10, 2023 | finance.yahoo.com

Why Is Wynn (WYNN) Up 1% Since Last Earnings Report?

March 10, 2023 | seekingalpha.com

Wynn Resorts: Shares Still Have Legs To Run

March 8, 2023 | msn.com

Wynn Resorts lightens stake in Macau subsidiary through convertible bond deal

March 6, 2023 | seekingalpha.com

Wynn Resorts: Trend Toward 'Premium Customer Focus' Is Decades-Long Skill Set

March 4, 2023 | benzinga.com

Pomerantz Wins Class Certification in Wynn Resorts Sexual Misconduct Securities Litigation

March 1, 2023 | marketwatch.com

Wynn Resorts Ltd. stock outperforms competitors on strong trading day

March 1, 2023 | msn.com

Melco Resorts, Wynn and Las Vegas Sands rally as confidence in Macau casino stocks grows

March 1, 2023 | benzinga.com

Target, InMode, Wynn Resorts And This US Bank Is A 'Favorite' In Financial Sector: CNBC's 'Final Trades'

March 1, 2023 | msn.com

Final Trades: JPMorgan, Target, Wynn Resorts & more

March 1, 2023 | msn.com

Wynn Resorts’ creative arm moving to Summerlin

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30 days | 90 days | 365 days | Advanced Chart

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WYNN Company Calendar

Last Earnings: 2/08/2023
Today: 3/26/2023
Next Earnings (Estimated): 5/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Hotels & motels
Sub-Industry: Casinos & Gaming
Sector: Consumer Discretionary
Current Symbol: NASDAQ:WYNN
CUSIP: 98313410
CIK: 1174922
Web: www.wynnresorts.com
Phone: (702) 770-7555
Fax: 1 702 733-4681
Employees: 27,000
Year Founded: 2002

Price Target and Rating

Average Stock Price Forecast: $107.64
High Stock Price Forecast: $138.00
Low Stock Price Forecast: $67.00
Forecasted Upside/Downside: +1.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.71)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 122.51
P/E Growth: N/A
Net Income: $-423,860,000.00
Net Margins: -11.28%
Pretax Margin: -18.63%
Return on Equity: N/A
Return on Assets: -4.13%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.22
Quick Ratio: 2.19

Sales & Book Value

Annual Sales: $3.76 billion
Price / Sales: 3.23
Cash Flow: $1.90 per share
Price / Cash Flow: 56.15
Book Value: ($14.48) per share
Price / Book: -7.36

Miscellaneous

Outstanding Shares: 113,680,000
Free Float: 112,983,000
Market Cap: $12.12 billion
Optionable: Optionable
Beta: 2.01

Social Links

Key Executives

Craig S. Billings
Chief Executive Officer & Director

Julie Cameron-Doe
Chief Financial Officer

Ellen F. Whittemore
Secretary, Executive VP & General Counsel

Jay M. Schall
General Counsel-Asia Region

Amir Markowitz
Investor Relations Contact

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WYNN Stock - Frequently Asked Questions

Should I buy or sell Wynn Resorts stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wynn Resorts in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WYNN shares.
View WYNN analyst ratings or view top-rated stocks.
What is Wynn Resorts' stock price forecast for 2023?: 8 brokerages have issued 12-month price objectives for Wynn Resorts' shares. Their WYNN share price forecasts range from $67.00 to $138.00. On average, they anticipate the company's stock price to reach $107.64 in the next year. This suggests a possible upside of 1.0% from the stock's current price.
View analysts price targets for WYNN or view top-rated stocks among Wall Street analysts.
How have WYNN shares performed in 2023?: Wynn Resorts' stock was trading at $82.47 at the start of the year. Since then, WYNN stock has increased by 29.2% and is now trading at $106.58.
View the best growth stocks for 2023 here.
When is Wynn Resorts' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
View our WYNN earnings forecast.
How were Wynn Resorts' earnings last quarter?: Wynn Resorts, Limited (NASDAQ:WYNN) posted its earnings results on Wednesday, February, 8th. The casino operator reported ($1.23) earnings per share for the quarter, missing the consensus estimate of ($1.17) by $0.06. The casino operator earned $1 billion during the quarter, compared to analysts' expectations of $955.88 million. The company's revenue was down 4.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($1.37) earnings per share.
Read the conference call transcript.
What ETFs hold Wynn Resorts' stock?: ETFs with the largest weight of Wynn Resorts (NASDAQ:WYNN) stock in their portfolio include iBET Sports Betting & Gaming ETF (IBET), VanEck Gaming ETF (BJK), B.A.D. Etf (BAD), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), Pacer Lunt Large Cap Alternator ETF (ALTL) and Invesco S&P 500 High Beta ETF (SPHB).
What is Matt Maddox's approval rating as Wynn Resorts' CEO?: 234 employees have rated Wynn Resorts Chief Executive Officer Matt Maddox on Glassdoor.com. Matt Maddox has an approval rating of 87% among the company's employees.
What other stocks do shareholders of Wynn Resorts own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Wynn Resorts investors own include NVIDIA (NVDA), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Walt Disney (DIS), Boeing (BA), Bank of America (BAC), Micron Technology (MU), JPMorgan Chase & Co. (JPM) and Las Vegas Sands (LVS).

What is Wynn Resorts' stock symbol?: Wynn Resorts trades on the NASDAQ under the ticker symbol "WYNN."
Who are Wynn Resorts' major shareholders?: Wynn Resorts' stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (7.62%), Jefferies Financial Group Inc. (6.01%), Geode Capital Management LLC (1.96%), Susquehanna International Group LLP (0.00%), Jane Street Group LLC (0.00%) and Norges Bank (1.06%). Insiders that own company stock include Betsy S Atkins, Craig Scott Billings, Ellen F Whittemore, Julie Cameron-Doe, Matt Maddox and Patricia Mulroy.
View institutional ownership trends.
How do I buy shares of Wynn Resorts?: Shares of WYNN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Wynn Resorts' stock price today?: One share of WYNN stock can currently be purchased for approximately $106.58.
How much money does Wynn Resorts make?: Wynn Resorts (NASDAQ:WYNN) has a market capitalization of $12.12 billion and generates $3.76 billion in revenue each year. The casino operator earns $-423,860,000.00 in net income (profit) each year or ($3.71) on an earnings per share basis.
How many employees does Wynn Resorts have?: The company employs 27,000 workers across the globe.
Does Wynn Resorts have any subsidiaries?: The following companies are subsidiares of Wynn Resorts: 10 Gardner Street LLC, 10 Lynde Street LLC, 10 Scott Place LLC, 103 Broadway LLC, 11 Thorndike Street LLC, 12 Lynde Street LLC, 12 Scott Place LLC, 127 Broadway LLC, 15 Mystic Street LLC, 18 Lynde Street LLC, 21 Thorndike Street LLC, 23 Bow Street LLC, 28 Lynde Street LLC, 3 Bow Street LLC, 32 Lynde Street LLC, 35 Mystic Street LLC, 40 Mystic Street LLC, 41 Bow Street LLC, 49 Bow Street LLC, 5 Thorndike Street LLC, 51 Bow Street LLC, 51 Mystic Street LLC, 55 Bow Street LLC, 57 Bow Street LLC, 6 Scott Place LLC, 61 Bow Street LLC, 63 Bow Street LLC, 68 Tremont Street LLC, 7 Scott Place LLC, 7 Thorndike Street LLC, 8 Lynde Street LLC, 80 Bow Street LLC, 82 Bow Street LLC, 98 Bow Street LLC, Asia Development LLC, Betbull Games Limited, Betbull Limited, Betbull Social Sports UK Limited, Chamber Associates LLC, Development Associates LLC, EBH Broadway LLC, EBH Holdings LLC, EBH MA Property LLLC, East Broadway LLC, Everett Broadway LLC, Everett Property LLC, Harthor Hospitality Services HK Limited, Harthor Hospitality Services Limited, Kevyn LLC, Las Vegas Jet Hangar LLC, Las Vegas Jet LLC, Lumini Hospitality Services HK Limited, Lumini Hospitality Services Limited, Massachusetts Property LLC, Nevada Realty Associates LLC, Palo Hong Kong Limited, Palo Manpower Hong Kong Limited, Palo Marketing Services Limited, Palo Real Estate Company Ltd., Rambas Marketing Co. LLC, SAC Hospitality Services HK Limited, SAC Hospitality Services Limited, SH Hoteleria Hong Kong Limited, SH – Sociedade de Hotelaria Limitada, Social Games Limited, Social Sports Limited, Sosyal Yazilim ve Danismanlik Hizmetleri AS, Toasty LLC, Valvino Lamore LLC, WA Insurance LLC, WDD Massachusetts Purchasing LLC, WLV Events LLC, WLV Labs LLC, WM Cayman Holdings Limited I, WM Cayman Holdings Limited II, WML Corp. Ltd., WML Finance I Limited, WSI Holdco LLC, WSI Investments LLC, WSI US LLC, WestWynn LLC, World Travel G-IV LLC, World Travel LLC, Worldwide Wynn LLC, Wynn Aircraft II LLC, Wynn Aircraft IV LLC, Wynn Aircraft LLC, Wynn Aircraft V LLC, Wynn America Group LLC, Wynn Design & Development LLC, Wynn Energy LLC, Wynn Gallery LLC, Wynn Golf LLC, Wynn Group Asia Inc., Wynn IOM Holdco I Ltd., Wynn IOM Holdco II Ltd., Wynn Indonesia Marketing LLC, Wynn Interactive LLC, Wynn Interactive LTD, Wynn International Marketing Ltd, Wynn Investments LLC, Wynn Las Vegas Capital Corp., Wynn Las Vegas Holdings LLC, Wynn Las Vegas LLC, Wynn MA LLC, Wynn Macau Development Company LLC, Wynn Macau Limited, Wynn Manpower Limited, Wynn Nightlife LLC, Wynn North Asia LLC, Wynn Online Store LLC, Wynn Plaza LLC, Wynn Resorts, Wynn Resorts Capital Corporation, Wynn Resorts Development, Wynn Resorts Development LLC, Wynn Resorts Finance LLC, Wynn Resorts Holdings LLC, Wynn Resorts Hotel Marketing & Sales, Wynn Resorts International Ltd., Wynn Retail LLC, Wynn Show Performers LLC, Wynn Social Gaming LLC, Wynn Social Sports Global, Wynn Social Sports US, Wynn Sunrise LLC, Wynn Vacations LLC, Wynn/CA JV LLC, Wynn/CA Plaza JV LLC, Wynn/CA Plaza Property Owner LLC, and Wynn/CA Property Owner LLC.
Read More
How can I contact Wynn Resorts?: Wynn Resorts' mailing address is 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV, 89109. The official website for the company is www.wynnresorts.com. The casino operator can be reached via phone at (702) 770-7555, via email at investorrelations@wynnresorts.com, or via fax at 1 702 733-4681.

This page (NASDAQ:WYNN) was last updated on 3/26/2023 by MarketBeat.com Staff

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Wynn Resorts - WYNN Stock Forecast, Price & News

Wynn Resorts MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Wynn Resorts (NASDAQ:WYNN) Stock

WYNN Stock News Headlines

WYNN Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

WYNN Stock - Frequently Asked Questions

Overall MarketRank^™