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 stock has increased by 5.0% and is now trading at $84.89. 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 (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 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% on a year-over-year basis. During the same period in the previous year, the business earned $1.61 EPS. View Wynn Resorts' earnings history.

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 dividend yield of 4.71%. The ex-dividend date is Tuesday, February 25th. View Wynn Resorts' dividend history.

16 brokerages have issued 12 month price objectives for Wynn Resorts' stock. Their forecasts range from $72.00 to $181.00. On average, they expect Wynn Resorts' share price to reach $115.53 in the next year. This suggests a possible upside of 36.1% from the stock's current price. View analysts' price targets for Wynn Resorts.

Media stories about WYNN stock have been trending very positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by monitoring 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 five, with scores nearest to five being the most favorable. Wynn Resorts earned a news sentiment score of 3.7 on InfoTrie's scale. They also assigned news headlines about the casino operator a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutWynn Resorts.

Wynn Resorts saw a increase in short interest in 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 daily trading volume, of 6,310,000 shares, the short-interest ratio is presently 1.8 days. Currently, 11.5% 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), 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.

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 number of institutional and retail 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.

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.

WYNN stock was bought 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.

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 $84.89.

Wynn Resorts has a market capitalization of $9.16 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]