Wynn Resorts (WYNN) Stock Price, News & Analysis

Company Overview

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays. The Wynn Macau segment operates casino space with private gaming salons, sky casinos, and a poker room; a luxury hotel tower, that include health clubs, spas, a salon, and a pool; food and beverage outlets; retail space; meeting and convention space; and Chinese zodiac-inspired ceiling attractions. The Las Vegas Operations segment operates casino space with private gaming salons, a sky casino, a poker room, and a race and sports book; a luxury hotel tower with suites, and villas, including swimming pools, private cabanas, full-service spas and salons, and a wedding chapel; food and beverage outlets; meeting and convention space; retail space; and theaters, nightclubs, a beach club. The Encore Boston Harbor segment operates casino space with gaming areas, and a poker room; a luxury hotel tower including a spa and salon; food and beverage outlets and a nightclub; retail space; meeting and convention space; and a waterfront park, floral displays, and water shuttle service. Wynn Resorts, Limited was incorporated in 2002 and is based in Las Vegas, Nevada.

Key Stats

• Today's Range: $103.45 to $106.59
• 50-Day Range: $73.55 to $103.08
• 52-Week Range: $71.63 to $110.38
• Volume: 4.24 million shs
• Average Volume: 2.10 million shs
• Market Capitalization: $11.82 billion
• P/E Ratio: 14.45
• Dividend Yield: 0.95%
• Price Target: $114.20
• Consensus Rating: Moderate Buy

Wynn Resorts Stock Analysis - MarketRank™

Wynn Resorts scored higher than 71% of companies evaluated by MarketBeat, and ranked 72nd out of 291 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Wynn Resorts has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Wynn Resorts has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 2.02%

Earnings Growth

Earnings for Wynn Resorts are expected to grow by 2.02% in the coming year, from $5.44 to $5.55 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Wynn Resorts is 14.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wynn Resorts is 14.45, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.66.

Price to Earnings Growth Ratio

Wynn Resorts has a PEG Ratio of 2.63. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.36% of the float of Wynn Resorts has been sold short.

Short Interest Ratio / Days to Cover

Wynn Resorts has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Wynn Resorts has recently increased by 5.67%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Wynn Resorts has a dividend yield of 0.98%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Wynn Resorts does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Wynn Resorts is 13.70%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Wynn Resorts will have a dividend payout ratio of 18.02% next year. This indicates that Wynn Resorts will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -2.06

Percentage of Shares Shorted

5.36% of the float of Wynn Resorts has been sold short.

Short Interest Ratio / Days to Cover

Wynn Resorts has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Wynn Resorts has recently increased by 5.67%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.54

News Sentiment

Wynn Resorts has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Wynn Resorts this week, compared to 11 articles on an average week.

Search Interest

Only 27 people have searched for WYNN on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Wynn Resorts to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Wynn Resorts insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $208,634.00 in company stock.

Percentage Held by Insiders

Only 0.52% of the stock of Wynn Resorts is held by insiders.

Percentage Held by Institutions

68.87% of the stock of Wynn Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WYNN Stock Analysis - Frequently Asked Questions

How have WYNN shares performed this year?

Wynn Resorts' stock was trading at $91.11 on January 1st, 2024. Since then, WYNN stock has increased by 15.7% and is now trading at $105.45.
View the best growth stocks for 2024 here.

How were Wynn Resorts' earnings last quarter?

Wynn Resorts, Limited (NASDAQ:WYNN) released its quarterly earnings data on Tuesday, August, 6th. The casino operator reported $1.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by $0.02. Wynn Resorts's revenue for the quarter was up 8.4% compared to the same quarter last year.
Read the conference call transcript.

Does Wynn Resorts have any subsidiaries?

The following companies are subsidiaries of Wynn Resorts: 103 Broadway LLC, 10 Gardner Street LLC, 10 Lynde Street LLC, 10 Scott Place LLC, 11 Thorndike Street LLC, 127 Broadway LLC, 12 Lynde Street LLC, and others.

Who are Wynn Resorts' major shareholders?

Top institutional shareholders of Wynn Resorts include SG Americas Securities LLC, Czech National Bank (0.02%) and Massmutual Trust Co. FSB ADV (0.01%). Insiders that own company stock include Craig Scott Billings, Ellen F Whittemore, Julie Cameron-Doe, Margaret Jane Myers, Betsy S Atkins, Patricia Mulroy and Matt Maddox.
View institutional ownership trends.

How do I buy shares of Wynn Resorts?

Shares of WYNN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Wynn Resorts own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Wynn Resorts investors own include NVIDIA (NVDA), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Walt Disney (DIS), Boeing (BA) and Bank of America (BAC).

Company Calendar

• Last Earnings: 8/06/2024
• Ex-Dividend for 8/30 Dividend: 8/19/2024
• Dividend Payable: 8/30/2024
• Today: 10/05/2024
• Next Earnings (Estimated): 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Hotels & motels
• Sub-Industry: Casinos & Gaming
• Current Symbol: NASDAQ:WYNN
• CUSIP: 98313410
• CIK: 1174922
• Web: www.wynnresorts.com
• Phone: (702) 770-7555
• Fax: 1 702 733-4681
• Employees: 27,800
• Year Founded: 2002

Price Target and Rating

• Average Stock Price Target: $114.20
• High Stock Price Target: $138.00
• Low Stock Price Target: $96.00
• Potential Upside/Downside: +8.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.30
• Trailing P/E Ratio: 14.45
• Forward P/E Ratio: 19.38
• P/E Growth: 2.63
• Net Income: $729.99 million
• Net Margins: 12.22%
• Pretax Margin: 7.06%
• Return on Equity: -53.84%
• Return on Assets: 4.64%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.30
• Quick Ratio: 1.27

Sales & Book Value

• Annual Sales: $6.53 billion
• Price / Sales: 1.79
• Cash Flow: $10.88 per share
• Price / Cash Flow: 9.69
• Book Value: ($9.75) per share
• Price / Book: -10.82

Miscellaneous

• Outstanding Shares: 110,990,000
• Free Float: 111,488,000
• Market Cap: $11.70 billion
• Optionable: Optionable
• Beta: 1.81