NASDAQ:WYNNWynn Resorts Stock Price, Forecast & News

$48.50

-4.17 (-7.92 %)

(As of 04/5/2020 03:57 PM ET)

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Today's Range

$46.21

Now: $48.50▼

$53.50

50-Day Range

$43.02

MA: $89.77▼

$136.17

52-Week Range

$35.84

Now: $48.50▼

$153.41

Volume7.99 million shs

Average Volume8.03 million shs

Market Capitalization$5.21 billion

P/E Ratio42.17

Dividend Yield7.59%

Beta2.37

Wynn Resorts, Limited owns and operates destination casino resorts. As of February 20, 2019, the company's Wynn Palace segment had approximately 424,000 square feet of casino space, which offered 320 table games and 1,041 slot machines, private gaming salons, and sky casinos; a luxury hotel towers with 1,706 guest rooms, suites, and villas; 13 food and beverage outlets; 106,000 square feet of retail space; 37,000 square feet of meeting and convention space; recreation and leisure facilities comprising a gondola ride, health club, spa, salon, and pool; and public attractions, such as performance lake and floral art displays. Its Wynn Macau segment had approximately Wynn Macau square feet of casino space that offers 317 table games and 810 slot machines, private gaming salons, sky casinos, and a poker pit; 2 luxury hotel with a total of 1,008 guest rooms and suites; 11 food and beverage outlets; 59,000 square feet of retail space; 31,000 square feet of meeting and convention space; recreation and leisure facilities, including a 2 health clubs, spas, a salon, and a pool; and Chinese zodiac-inspired ceiling along with gold prosperity tree and dragon of fortune attractions. The company's Las Vegas Operations segment had approximately 192,000 square feet of casino space, which provide 243 table games and 1,811 slot machines, private gaming salons, a sky casino, a poker room, and a race and sports book; 2 luxury hotel towers with a total of 4,748 guest rooms, suites, and villas; 33 food and beverage outlets; 160,000 square feet of retail space; 290,000 square feet of meeting and convention space; 3 nightclubs and a beach club; recreation and leisure facilities, including swimming pools, private cabanas, 2 full service spas and salons, and a wedding chapel; and Le Rêve-The Dream, a water-based theatrical production and a theater presenting entertainment productions and various headliner entertainment acts. The company was founded in 2002 and is based in Las Vegas, Nevada.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Wynn Resorts has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 10 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $136.07, Wynn Resorts has a potential upside of 180.6% from its current price of $48.50.
Amount of Analyst Coverage
Wynn Resorts has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Wynn Resorts has received 1,295 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Wynn Resorts has received 1,052 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Wynn Resorts has received 55.18% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Wynn Resorts and other stocks. Vote “Outperform” if you believe WYNN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WYNN will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Wynn Resorts is a leading dividend payer. It pays a dividend yield of 7.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Wynn Resorts has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Wynn Resorts is 153.26 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Wynn Resorts will have a dividend payout ratio of 82.99 % in the coming year. This indicates that Wynn Resorts may not be able to sustain their current dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wynn Resorts insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.58% of the stock of Wynn Resorts is held by insiders.
Percentage Held by Institutions
76.90% of the stock of Wynn Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Wynn Resorts are expected to decrease by -5,455.56% in the coming year, from ($0.09) to $4.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Wynn Resorts is 42.17, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 10.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wynn Resorts is 42.17, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.28.
Price to Book Value per Share Ratio
Wynn Resorts has a P/B Ratio of 3.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.95 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Hotels & motels

Sub-IndustryCasinos & Gaming

SectorConsumer Discretionary

Current SymbolNASDAQ:WYNN

Previous Symbol

CUSIP98313410

CIK1174922

Webhttp://www.wynnresorts.com/

Phone702-770-7555

Debt

Debt-to-Equity Ratio6.64

Current Ratio1.44

Quick Ratio1.40

Price-To-Earnings

Trailing P/E Ratio42.17

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$6.61 billion

Price / Sales0.79

Cash Flow$8.00 per share

Price / Cash Flow6.06

Book Value$14.36 per share

Price / Book3.38

Profitability

EPS (Most Recent Fiscal Year)$2.61

Net Income$122.99 million

Net Margins1.86%

Return on Equity16.03%

Return on Assets2.09%

Miscellaneous

Employees30,200

Outstanding Shares107,520,000

Market Cap$5.21 billion

Next Earnings Date5/14/2020 (Estimated)

OptionableOptionable

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Wynn Resorts (NASDAQ:WYNN) Frequently Asked Questions

How has Wynn Resorts' stock been impacted by COVID-19 (Coronavirus)?

Wynn Resorts' stock was trading at $80.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WYNN stock has decreased by 40.0% and is now trading at $48.50. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Wynn Resorts?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wynn Resorts in the last year. There are currently 1 sell rating, 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Wynn Resorts.

When is Wynn Resorts' next earnings date?

Wynn Resorts is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Wynn Resorts.

How were Wynn Resorts' earnings last quarter?

Wynn Resorts, Limited (NASDAQ:WYNN) announced its quarterly earnings data on Thursday, February, 6th. The casino operator reported ($0.62) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.91 by $1.53. The casino operator earned $1.65 billion during the quarter, compared to the consensus estimate of $1.72 billion. Wynn Resorts had a return on equity of 16.03% and a net margin of 1.86%. Wynn Resorts's revenue was down 2.0% on a year-over-year basis. During the same quarter last year, the business posted $1.06 earnings per share. View Wynn Resorts' earnings history.

How often does Wynn Resorts pay dividends? What is the dividend yield for Wynn Resorts?

Wynn Resorts announced a quarterly dividend on Thursday, February 6th. Stockholders of record on Wednesday, February 26th will be given a dividend of $1.00 per share on Friday, March 6th. This represents a $4.00 dividend on an annualized basis and a yield of 8.25%. The ex-dividend date of this dividend is Tuesday, February 25th. View Wynn Resorts' dividend history.

What price target have analysts set for WYNN?

16 analysts have issued 12-month target prices for Wynn Resorts' stock. Their forecasts range from $72.00 to $181.00. On average, they expect Wynn Resorts' share price to reach $136.07 in the next year. This suggests a possible upside of 180.6% from the stock's current price. View analysts' price targets for Wynn Resorts.

Has Wynn Resorts been receiving favorable news coverage?

Media headlines about WYNN stock have trended very negative on Sunday, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wynn Resorts earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news coverage about the casino operator a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutWynn Resorts.

Are investors shorting Wynn Resorts?

Wynn Resorts saw a increase in short interest in March. As of March 13th, there was short interest totaling 7,243,700 shares, an increase of 35.9% from the February 27th total of 5,330,000 shares. Based on an average daily volume of 4,859,800 shares, the days-to-cover ratio is presently 1.5 days. Currently, 7.9% of the shares of the stock are sold short. View Wynn Resorts' Current Options Chain.

Who are some of Wynn Resorts' key competitors?

Some companies that are related to Wynn Resorts include Las Vegas Sands (LVS), MGM Resorts International (MGM), Caesars Entertainment (CZR), Churchill Downs (CHDN), Advanced Drainage Systems (WMS), Boyd Gaming (BYD), Penn National Gaming (PENN), International Game Technology (IGT), Scientific Games (SGMS) and Monarch Casino & Resort (MCRI).

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 Alibaba Group (BABA), Netflix (NFLX), NVIDIA (NVDA), Tesla (TSLA), Micron Technology (MU), Walt Disney (DIS), Boeing (BA), Las Vegas Sands (LVS), Bank of America (BAC) and JPMorgan Chase & Co. (JPM).

Who are Wynn Resorts' key executives?

Wynn Resorts' management team includes the following people:

Mr. Matthew Ode Maddox, CEO, Pres & Director (Age 43)
Mr. Craig Scott Billings, CFO & Treasurer (Age 46)
Ms. Ellen F. Whittemore, Exec. VP, Gen. Counsel & Sec. (Age 62)
Mr. Robert Amerine, VP Corp. Fin.
Mr. Scott Moore, Chief Marketing Officer

What is Wynn Resorts' stock symbol?

Wynn Resorts trades on the NASDAQ under the ticker symbol "WYNN."

How do I buy shares of Wynn Resorts?

Shares of WYNN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Wynn Resorts' stock price today?

One share of WYNN stock can currently be purchased for approximately $48.50.

How big of a company is Wynn Resorts?

Wynn Resorts has a market capitalization of $5.21 billion and generates $6.61 billion in revenue each year. The casino operator earns $122.99 million in net income (profit) each year or $2.61 on an earnings per share basis. Wynn Resorts employs 30,200 workers across the globe. View additional information about Wynn Resorts.

What is Wynn Resorts' official website?

The official website for Wynn Resorts is http://www.wynnresorts.com/.

How can I contact Wynn Resorts?

Wynn Resorts' mailing address is 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV, 89109. The casino operator can be reached via phone at 702-770-7555 or via email at [email protected]

This page was last updated on 4/5/2020 by MarketBeat.com Staff

NASDAQ:WYNNWynn Resorts Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

4.3 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

2.8 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment