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NASDAQ:WYNN

Wynn Resorts (WYNN) Stock Price, News & Analysis

$102.28
+0.24 (+0.24%)
(As of 02:58 PM ET)

About Wynn Resorts Stock (NASDAQ:WYNN)

Key Stats

Today's Range
$98.92
$102.35
50-Day Range
$73.55
$102.04
52-Week Range
$71.63
$110.38
Volume
2.04 million shs
Average Volume
2.08 million shs
Market Capitalization
$11.46 billion
P/E Ratio
14.01
Dividend Yield
0.98%
Price Target
$114.20
Consensus Rating
Moderate Buy

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.

Wynn Resorts Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
85th Percentile Overall Score

WYNN MarketRank™: 

Wynn Resorts scored higher than 85% of companies evaluated by MarketBeat, and ranked 58th out of 293 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Wynn Resorts' stock forecast and price target.
  • Earnings Growth

    Earnings for Wynn Resorts are expected to grow by 1.65% in the coming year, from $5.44 to $5.53 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Wynn Resorts is 13.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.50.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Wynn Resorts is 13.94, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.34.

  • Price to Earnings Growth Ratio

    Wynn Resorts has a PEG Ratio of 2.52. PEG Ratios above 1 indicate that a company could be overvalued.

  • Read more about Wynn Resorts' valuation and earnings.
  • 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 Yield

    Wynn Resorts pays a meaningful dividend of 1.10%, 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 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 18.08% next year. This indicates that Wynn Resorts will be able to sustain or increase its dividend.

  • Read more about Wynn Resorts' dividend.
  • 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 Sentiment

    Wynn Resorts has a news sentiment score of 0.49. 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 is a lower news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 26 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 -16% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Wynn Resorts to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • 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.

  • Read more about Wynn Resorts' insider trading history.

WYNN Stock News Headlines

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See More Headlines

WYNN Stock Analysis - Frequently Asked Questions

Wynn Resorts' stock was trading at $91.11 on January 1st, 2024. Since then, WYNN stock has increased by 11.7% and is now trading at $101.75.
View the best growth stocks for 2024 here
.

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

Wynn Resorts subsidiaries include these companies: 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.

Wynn Resorts' top institutional shareholders include 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
.

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.

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
10/03/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Hotels & motels
Sub-Industry
Casinos & Gaming
Current Symbol
NASDAQ:WYNN
CUSIP
98313410
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
+12.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
16 Analysts

Profitability

Net Income
$729.99 million
Pretax Margin
7.06%

Debt

Sales & Book Value

Annual Sales
$7.11 billion
Cash Flow
$10.98 per share
Book Value
($9.75) per share

Miscellaneous

Free Float
111,488,000
Market Cap
$11.40 billion
Optionable
Optionable
Beta
1.80

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This page (NASDAQ:WYNN) was last updated on 10/3/2024 by MarketBeat.com Staff
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