Wynn Resorts, Limited Company Profile (NASDAQ:WYNN)

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

Wynn Resorts, Limited declared a quarterly dividend on Wednesday, July 26th. Investors of record on Thursday, August 10th will be given a dividend of $0.50 per share on Tuesday, August 22nd. This represents a $2.00 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Tuesday, August 8th. View Wynn Resorts, Limited's Dividend History.

Wynn Resorts, Limited (NASDAQ:WYNN) released its earnings results on Tuesday, July, 25th. The company reported $1.18 EPS for the quarter, topping analysts' consensus estimates of $1.16 by $0.02. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.47 billion. Wynn Resorts, Limited had a return on equity of 165.77% and a net margin of 5.02%. Wynn Resorts, Limited's revenue was up 44.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.07 EPS. View Wynn Resorts, Limited's Earnings History.

Wynn Resorts, Limited is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Wynn Resorts, Limited.

20 brokerages have issued 1-year price objectives for Wynn Resorts, Limited's shares. Their forecasts range from $77.00 to $151.00. On average, they expect Wynn Resorts, Limited's stock price to reach $128.11 in the next year. View Analyst Ratings for Wynn Resorts, Limited.

Here are some recent quotes from research analysts about Wynn Resorts, Limited stock:

• 1. According to Zacks Investment Research, "Wynn Resorts’ second-quarter earnings of $1.18 per share beat the Zacks Consensus Estimate by 8.3% and were up 10.3% year over year on higher revenues. Revenues of $1.53 billion beat the consensus mark by 5.3% and grew 44.5% year over year. Notably, the company failed to fully capitalize on the rebound in Macau gaming revenues in the quarter, given somewhat lower-than-expected results at Wynn Palace. Though foot traffic has been low at Wynn Palace of late, it is poised to witness increased visits from tourists and leisure gamblers over the long term. Meanwhile, Wynn Resorts’ shares outpaced the industry in the past six months. Further, the company’s strong brand recognition, higher non-gaming revenues along with an improving economy and growing tourism in Las Vegas should drive the top line. Yet, fears of another corruption crackdown by the authorities and high debt burden raises concern." (8/7/2017)
• 2. Aegis analysts commented, "Following 4Q16 results which showed a better than expected ramp at its new Wynn Palace property, our CY17/CY18 EBITDA estimates go to $1.43b/$1.48b from $1.35b/$1.42b. Our price target goes to $95 from $87. At ~15.0x CY17 EV/EBITDA WYNN remains the most expensive in the peer group and fairly close to sustained peak valuation levels." (1/27/2017)

Some companies that are related to Wynn Resorts, Limited include Rogers Communication (RCI), Sirius XM Holdings (SIRI), DISH Network Corporation (DISH), Royal Caribbean Cruises (RCL), V.F. Corporation (VFC), CBS Corporation (CBS), Hilton Worldwide Holdings (HLT), Sky Plc (SKYAY), MGM Resorts International (MGM), Mohawk Industries (MHK), Liberty Broadband Corporation (LBRDK), Liberty Broadband Corporation (LBRDA), TAL Education Group (TAL), Viacom (VIA), Sharp Corp. (SHCAY), New Oriental Education & Technology Group (EDU), Wynn Macau (WYNMF) and Discovery Communications (DISCB).

Wynn Resorts, Limited's management team includes the folowing people:

• Stephen A. Wynn, Chairman of the Board, Chief Executive Officer
• Matthew O. Maddox, President
• Craig Billings, Chief Financial Officer, Treasurer
• John Strzemp, Executive Vice President, Chief Administrative Officer
• Kim Marie Sinatra, Executive Vice President, General Counsel, Secretary
• Robert Jos Miller, Lead Independent Director
• Clark T. Randt Jr., Director
• John J. Hagenbuch, Independent Director
• Ray R. Irani, Independent Director
• Jay L. Johnson, Independent Director

Wynn Resorts, Limited's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Northern Cross LLC (8.12%), Vanguard Group Inc. (8.11%), Southeastern Asset Management Inc. TN (6.60%), SOUTHEASTERN ASSET MANAGEMENT INC (5.20%), State Street Corp (3.21%) and Capital International Investors (3.08%). Company insiders that own Wynn Resorts, Limited stock include Clark T Jr Randt, Daniel Boone Wayson, John J Hagenbuch, John Strzemp, Kimmarie Sinatra, Matt Maddox, Patricia Mulroy, Ray R Irani and Stephen A Wynn. View Institutional Ownership Trends for Wynn Resorts, Limited.

Wynn Resorts, Limited's stock was sold by a variety of institutional investors in the last quarter, including Southeastern Asset Management Inc. TN, Northern Cross LLC, Platinum Investment Management Ltd., Nomura Holdings Inc., Strs Ohio, Sei Investments Co., Canada Pension Plan Investment Board and Victory Capital Management Inc.. Company insiders that have sold Wynn Resorts, Limited stock in the last year include Clark T Jr Randt, Daniel Boone Wayson, John J Hagenbuch, John Strzemp, Kimmarie Sinatra, Matt Maddox and Patricia Mulroy. View Insider Buying and Selling for Wynn Resorts, Limited.

Wynn Resorts, Limited's stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Maverick Capital Ltd., FMR LLC, Lord Abbett & CO. LLC, Capital Growth Management LP, Vanguard Group Inc., Macquarie Group Ltd. and Dimensional Fund Advisors LP. Company insiders that have bought Wynn Resorts, Limited stock in the last two years include Daniel Boone Wayson, Ray R Irani and Stephen A Wynn. View Insider Buying and Selling for Wynn Resorts, Limited.

Shares of Wynn Resorts, Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Wynn Resorts, Limited stock can currently be purchased for approximately $145.69.