NASDAQ:WYNNWynn Resorts Stock Price, Forecast & News

$78.25

-4.90 (-5.89 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$77.52

Now: $78.25▼

$81.42

50-Day Range

$48.50

MA: $76.18▼

$89.03

52-Week Range

$35.84

Now: $78.25▼

$153.41

Volume7.78 million shs

Average Volume5.76 million shs

Market Capitalization$8.44 billion

P/E RatioN/A

Dividend Yield5.11%

Beta2.52

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 2.69, and is based on 11 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $115.53, Wynn Resorts has a potential upside of 47.6% from its current price of $78.25.
Amount of Analyst Coverage
Wynn Resorts has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.8 Community Rank

Outperform Votes
Wynn Resorts has received 1,302 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Wynn Resorts has received 1,059 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Wynn Resorts has received 55.15% “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 5.11%, 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 1,290.32 % 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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $508,620.00 in company stock.
Percentage Held by Insiders
Only 0.75% of the stock of Wynn Resorts is held by insiders.
Percentage Held by Institutions
74.88% of the stock of Wynn Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Wynn Resorts are expected to grow in the coming year, from ($11.70) to $0.31 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Wynn Resorts is -21.74, 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 -21.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Wynn Resorts has a P/B Ratio of 5.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.09 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

Webwww.wynnresorts.com

Phone702-770-7555

Debt

Debt-to-Equity Ratio11.37

Current Ratio1.81

Quick Ratio1.77

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$6.61 billion

Price / Sales1.28

Cash Flow$8.69 per share

Price / Cash Flow9.00

Book Value$14.36 per share

Price / Book5.45

Profitability

EPS (Most Recent Fiscal Year)$2.61

Net Income$122.99 million

Net Margins-6.49%

Return on Equity-17.92%

Return on Assets-1.99%

Miscellaneous

Employees30,200

Outstanding Shares107,870,000

Market Cap$8.44 billion

Next Earnings Date8/4/2020 (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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WYNN shares have decreased by 3.2% and is now trading at $78.25. View which stocks have been most 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 5 hold ratings and 11 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 Tuesday, August 4th 2020. View our earnings forecast for Wynn Resorts.

How were Wynn Resorts' earnings last quarter?

Wynn Resorts, Limited (NASDAQ:WYNN) issued its quarterly earnings data on Wednesday, May, 6th. The casino operator reported ($3.54) earnings per share for the quarter, missing analysts' consensus estimates of ($1.05) by $2.49. The casino operator had revenue of $953.70 million for the quarter, compared to analyst estimates of $887.81 million. Wynn Resorts had a negative return on equity of 17.92% and a negative net margin of 6.49%. The company's revenue for the quarter was down 42.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.61 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 declared a quarterly dividend on Thursday, February 6th. Shareholders of record on Wednesday, February 26th will be paid 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 5.11%. 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 brokerages have issued twelve-month target prices for Wynn Resorts' shares. Their forecasts range from $72.00 to $181.00. On average, they expect Wynn Resorts' stock price to reach $115.53 in the next twelve months. This suggests a possible upside of 47.6% from the stock's current price. View analysts' price targets for Wynn Resorts.

Has Wynn Resorts been receiving favorable news coverage?

News stories about WYNN stock have trended negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wynn Resorts earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news coverage about the casino operator a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutWynn Resorts.

Are investors shorting Wynn Resorts?

Wynn Resorts saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,670,000 shares, an increase of 17.8% from the April 30th total of 9,910,000 shares. Based on an average trading volume of 6,310,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 11.5% of the company's stock are short sold. 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), Penn National Gaming (PENN), Boyd Gaming (BYD), International Game Technology (IGT), Scientific Games (SGMS) and Monarch Casino & Resort (MCRI). View all competitors.

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), NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), Boeing (BA), Bank of America (BAC), Las Vegas Sands (LVS), Micron Technology (MU) 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."

Who are Wynn Resorts' major shareholders?

Wynn Resorts' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.99%), Capital World Investors (5.82%), Capital International Investors (4.77%), State Street Corp (3.67%), Bank of New York Mellon Corp (1.52%) and Melvin Capital Management LP (1.51%). Company insiders that own Wynn Resorts stock include Craig Scott Billings, Matt Maddox, Patricia Mulroy and Philip G Satre. View institutional ownership trends for Wynn Resorts.

Which institutional investors are selling Wynn Resorts stock?

WYNN stock was sold by a variety of institutional investors in the last quarter, including Melvin Capital Management LP, Capital Research Global Investors, Massachusetts Financial Services Co. MA, Mackenzie Financial Corp, Retirement Systems of Alabama, Calamos Advisors LLC, Strs Ohio, and Zeke Capital Advisors LLC. Company insiders that have sold Wynn Resorts company stock in the last year include Craig Scott Billings, and Matt Maddox. View insider buying and selling activity for Wynn Resorts.

Which institutional investors are buying Wynn Resorts stock?

WYNN stock was purchased by a variety of institutional investors in the last quarter, including Eminence Capital LP, Capital International Investors, BlackRock Inc., Janus Henderson Group PLC, Samlyn Capital LLC, American Assets Capital Advisers LLC, Bank of New York Mellon Corp, and Morgan Stanley. View insider buying and selling activity for Wynn Resorts.

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 $78.25.

How big of a company is Wynn Resorts?

Wynn Resorts has a market capitalization of $8.44 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.

What is Wynn Resorts' official website?

The official website for Wynn Resorts is 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 5/26/2020 by MarketBeat.com Staff