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 3.0% and is now trading at $83.28. 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 quarterly earnings results on Wednesday, May, 6th. The casino operator reported ($3.54) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($1.05) by $2.49. The casino operator earned $953.70 million during 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 firm's quarterly revenue was down 42.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.61 earnings per share. View Wynn Resorts' earnings history.

Wynn Resorts declared a quarterly dividend on Thursday, February 6th. Investors 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 4.80%. The ex-dividend date of this dividend is Tuesday, February 25th. View Wynn Resorts' dividend history.

16 equities research analysts have issued 1 year price targets for Wynn Resorts' shares. Their forecasts range from $72.00 to $181.00. On average, they anticipate Wynn Resorts' share price to reach $113.07 in the next year. This suggests a possible upside of 35.8% from the stock's current price. View analysts' price targets for Wynn Resorts.

Media stories about WYNN stock have trended positive on Monday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Wynn Resorts earned a media sentiment score of 2.8 on InfoTrie's scale. They also assigned media stories about the casino operator a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutWynn Resorts.

Wynn Resorts saw a increase in short interest in 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 daily volume of 6,310,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 11.5% of the shares of the company are short sold. 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), 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 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, State of Tennessee Treasury Department, and Strs Ohio. 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 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 $83.28.

Wynn Resorts has a market capitalization of $8.98 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]