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: $90.43 to $92.07
• 50-Day Range: $76.26 to $106.41
• 52-Week Range: $71.63 to $110.38
• Volume: 1.82 million shs
• Average Volume: 2.23 million shs
• Market Capitalization: $10.02 billion
• P/E Ratio: 11.25
• Dividend Yield: 1.10%
• Price Target: $115.71
• Consensus Rating: Moderate Buy

Wynn Resorts Stock Analysis - MarketRank™

Wynn Resorts scored higher than 97% of companies evaluated by MarketBeat, and ranked 8th out of 288 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: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Wynn Resorts has received a consensus rating of Moderate Buy. The company's average rating score is 2.87, and is based on 11 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Wynn Resorts has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 1.23%

Earnings Growth

Earnings for Wynn Resorts are expected to grow by 1.23% in the coming year, from $4.87 to $4.93 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Wynn Resorts is 11.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wynn Resorts is 11.25, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.88.

Price to Earnings Growth Ratio

Wynn Resorts has a PEG Ratio of 3.25. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.04% 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, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Wynn Resorts has recently decreased by 12.21%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Wynn Resorts pays a meaningful dividend of 1.11%, higher than 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 12.33%. 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 20.28% next year. This indicates that Wynn Resorts will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.1 / 5
• Environmental Score: -2.22

Percentage of Shares Shorted

6.04% 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, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Wynn Resorts has recently decreased by 12.21%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 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 17 news articles for Wynn Resorts this week, compared to 11 articles on an average week.

Search Interest

39 people have searched for WYNN on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.

MarketBeat Follows

11 people have added Wynn Resorts to their MarketBeat watchlist in the last 30 days. This is an increase of 57% 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 at the beginning of the year. Since then, WYNN stock has increased by 0.1% and is now trading at $91.22.
View the best growth stocks for 2024 here.

How were Wynn Resorts' earnings last quarter?

Wynn Resorts, Limited (NASDAQ:WYNN) announced its quarterly earnings data on Monday, November, 4th. The casino operator reported $0.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.01 by $0.11. The company's revenue was up 1.3% on a year-over-year basis.
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 more.

Who are Wynn Resorts' major shareholders?

Top institutional investors of Wynn Resorts include Fisher Asset Management LLC (3.62%), State Street Corp (3.53%), Geode Capital Management LLC (2.19%) and Charles Schwab Investment Management Inc. (0.86%). 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 Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Boeing (BA).

Company Calendar

• Ex-Dividend for 8/30 Dividend: 8/19/2024
• Dividend Payable: 8/30/2024
• Last Earnings: 11/04/2024
• Ex-Dividend for 11/27 Dividend: 11/15/2024
• Today: 11/20/2024
• Dividend Payable: 11/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/05/2025

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: $115.71
• High Stock Price Target: $138.00
• Low Stock Price Target: $96.00
• Potential Upside/Downside: +26.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.87
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.11
• Trailing P/E Ratio: 11.25
• Forward P/E Ratio: 18.73
• P/E Growth: 3.25
• Net Income: $729.99 million
• Net Margins: 13.37%
• Pretax Margin: 8.93%
• Return on Equity: -61.16%
• Return on Assets: 4.48%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.53
• Quick Ratio: 1.50

Sales & Book Value

• Annual Sales: $6.53 billion
• Price / Sales: 1.53
• Cash Flow: $10.62 per share
• Price / Cash Flow: 8.59
• Book Value: ($9.70) per share
• Price / Book: -9.40

Miscellaneous

• Outstanding Shares: 109,820,000
• Free Float: 109,244,000
• Market Cap: $10.02 billion
• Optionable: Optionable
• Beta: 1.80