NASDAQ:WYNNWynn Resorts Stock Price, Forecast & News

Wynn Resorts' stock was trading at $80.87 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WYNN shares have decreased by 10.7% and is now trading at $72.23. 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) issued 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 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 quarter in the previous year, the company posted $1.61 earnings per share. View Wynn Resorts' earnings history.

Wynn Resorts announced 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 annualized dividend and a yield of 5.54%. The ex-dividend date is Tuesday, February 25th. View Wynn Resorts' dividend history.

16 Wall Street 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' share price to reach $113.60 in the next twelve months. This suggests a possible upside of 57.3% from the stock's current price. View analysts' price targets for Wynn Resorts.

News articles about WYNN stock have trended positive recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wynn Resorts earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave news 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 next few days. View the latest news about Wynn Resorts.

Wynn Resorts saw a decline in short interest in the month of 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 trading volume, of 7,120,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 10.6% of the company's stock are short sold. 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 many different retail and institutional investors. Top institutional investors include PM CAPITAL Ltd (0.25%), State of Alaska Department of Revenue (0.03%), Envestnet Asset Management Inc. (0.01%), KG&L Capital Management LLC (0.00%), Ellevest Inc. (0.00%) and Joseph P. Lucia & Associates 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, 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 acquired by a variety of institutional investors in the last quarter, including KG&L Capital Management 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 $72.23.

Wynn Resorts has a market capitalization of $7.79 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]