NASDAQ:WYNNWynn Resorts Stock Price, Forecast & News

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 shares have decreased by 4.4% and is now trading at $77.32. View which stocks have been most impacted by Coronavirus.

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.

Wynn Resorts is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Wynn Resorts.

Wynn Resorts, Limited (NASDAQ:WYNN) released its earnings results on Wednesday, May, 6th. The casino operator reported ($3.54) earnings per share (EPS) 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 the consensus estimate of $887.81 million. Wynn Resorts had a negative return on equity of 17.92% and a negative net margin of 6.49%. The business's revenue was down 42.2% on a year-over-year basis. During the same period last year, the business posted $1.61 EPS. View Wynn Resorts' earnings history.

Wynn Resorts declared a quarterly dividend on Thursday, February 6th. Shareholders 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 5.17%. The ex-dividend date of this dividend is Tuesday, February 25th. View Wynn Resorts' dividend history.

16 analysts 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 $113.60 in the next year. This suggests a possible upside of 46.9% from the stock's current price. View analysts' price targets for Wynn Resorts.

Headlines about WYNN stock have trended negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Wynn Resorts earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned media stories 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 stock's share price in the next few days. View the latest news about Wynn Resorts.

Wynn Resorts saw a decline in short interest in June. As of June 15th, there was short interest totaling 9,810,000 shares, a decline of 8.8% from the May 31st total of 10,760,000 shares. Based on an average daily volume of 7,120,000 shares, the short-interest ratio is currently 1.4 days. Approximately 10.6% of the company's shares are sold short. View Wynn Resorts' Current Options Chain.

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

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).

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

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.

One share of WYNN stock can currently be purchased for approximately $77.32.

Wynn Resorts has a market capitalization of $8.34 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.

The official website for Wynn Resorts is www.wynnresorts.com.

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]