NASDAQ:WYNNWynn Resorts Stock Price, Forecast & News

Wynn Resorts' stock was trading at $80.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WYNN shares have increased by 4.2% and is now trading at $84.23. 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) announced its earnings results on Wednesday, May, 6th. The casino operator reported ($3.54) earnings per share for the quarter, missing the consensus estimate of ($1.05) by $2.49. The casino operator earned $953.70 million during the quarter, compared to analysts' expectations of $887.81 million. Wynn Resorts had a negative net margin of 6.49% and a negative return on equity of 17.92%. The company's quarterly revenue was down 42.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.61 earnings per share. View Wynn Resorts' earnings history.

Wynn Resorts declared 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 annualized dividend and a yield of 4.75%. The ex-dividend date is Tuesday, February 25th. View Wynn Resorts' dividend history.

16 analysts have issued 12-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 twelve months. This suggests a possible upside of 34.9% from the stock's current price. View analysts' price targets for Wynn Resorts.

News coverage about WYNN stock has been trending very negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wynn Resorts earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave media stories about the casino operator a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Wynn Resorts.

Wynn Resorts saw a decrease in short interest in June. As of June 15th, there was short interest totaling 9,810,000 shares, a decrease of 8.8% from the May 31st total of 10,760,000 shares. Based on an average daily trading volume, of 7,120,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 10.6% of the shares of the company 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."

Wynn Resorts' stock is owned by a variety of institutional and retail investors. Top institutional investors include PM CAPITAL Ltd (0.25%), State of Alaska Department of Revenue (0.03%), Envestnet Asset Management Inc. (0.01%), IFM Investors Pty Ltd (0.01%), KG&L Capital Management LLC (0.00%) and Gradient Investments LLC (0.00%). 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.

WYNN stock was sold by a variety of institutional investors in the last quarter, including PM CAPITAL Ltd, State of Alaska Department of Revenue, IFM Investors Pty Ltd, and Envestnet Asset Management Inc.. 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.

WYNN stock was bought by a variety of institutional investors in the last quarter, including KG&L Capital Management LLC, Gradient Investments LLC, Ellevest Inc., and Joseph P. Lucia & Associates LLC. View insider buying and selling activity for 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.

One share of WYNN stock can currently be purchased for approximately $84.23.

Wynn Resorts has a market capitalization of $9.09 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]