Wynn Resorts Ltd. (WYNN)
|Net Income (ttm)||-656.81M|
|Day's Range||62.83 - 65.06|
|52-Week Range||50.20 - 99.00|
|Price Target||86.91 (+37.9%)|
|Earnings Date||Nov 7, 2022|
Wynn Resorts, Limited designs, develops, and operates integrated resorts. Its Wynn Palace segment operates 424,000 square feet of casino space with 323 table games, 1,035 slot machines, private gaming salons, and sky casinos; a luxury hotel tower with 1,706 guest rooms, suites, and villas, including a health club, spa, salon, and pool; 14 food and beverage outlets; 107,000 square feet of retail space; 37,000 square feet of meeting and convention space; and performance lake and floral art displays. Its Wynn Macau segment operates 252,000 square ... [Read more...]
In 2021, Wynn Resorts's revenue was $3.76 billion, an increase of 79.58% compared to the previous year's $2.10 billion. Losses were -$755.79 million, -63.44% less than in 2020.Financial Statements
According to 20 analysts, the average rating for WYNN stock is "Buy." The 12-month stock price forecast is 86.91, which is an increase of 37.89% from the latest price.
Wynn stock has declined by roughly 5% over the past month (about 21 trading days) compared to the S&P 500 which remains down by 11% over the same period.
Wynn Resorts Limited (NASDAQ: WYNN) ended more than 10% up on Monday after Macau said tour groups from mainland China will be allowed to visit the gambling hub starting from November. Jefferies' David K...
Gambling stocks jump as China eases COVID-19 precautions
With China loosening its COVID precautions, Macau will be able to allow tour groups, sending gambling stocks higher on Monday. Yahoo Finance anchors Rachelle Akuffo, Seana Smith and Josh Schafer discuss.
Macao authorities had good news for beaten-down casino stocks.
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Las Vegas Sands, Wynn Resorts stocks lead S&P 500 winners after Macau's surprise new COVID-recovery plan
Shares of casino operators got a big boost Monday, after Macau officials announced that an easing of the post-COVID travel restriction policy would begin in the coming weeks.
Shares in Las Vegas Sands and Wynn Resorts climbed after the gambling hub's government said it would begin allowing tourists from mainland China.
Source: Maridav/Shutterstock, Inc. Casino stocks are rising higher on Monday and they have China's easing Covid-19 restrictions to thank for the boost! China is planning to reduce restrictions in Macau,...
Melco Resorts & Entertainment and Las Vegas Sands were leading the climb among casino stocks Monday.
Casino stocks jumped early Monday as Macau city officials signaled China is set to ease Covid-era travel restrictions, making it much easier for people to return to globe's largest gambling
Falling wealth levels could spoil the Asian gambling capital's reopening.
Shares in Macau casino operators were set to soar between 5-13% percent on Monday morning after the city's leader said China would resume an e-visa scheme for mainland travellers and permit group tours,...
Robust demand for online betting bodes well for the Gaming industry. Stocks like MGM, WYNN and BYD are benefiting from an improving industry trend.
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Casino stocks rise as China plans to ease border entry rules
Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss how casino stocks are trading amid China's plans to ease border entry rules.
Casino stocks Las Vegas Sands and Wynn Resorts climbed in premarket trading Tuesday as China reportedly signaled support for Hong Kong's plan to ease Covid restrictions.
Wynn Resorts (WYNN) benefits from improved non-gaming revenues and expansion in domestic markets.
Wynn (WYNN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
TB12 Co-Founded by Tom Brady and Alex Guerrero Will Offer Holistic Health and Wellness Options Focused on Performance and Recovery at Resort LAS VEGAS , Sept. 12, 2022 /PRNewswire/ -- Wynn Las Vegas ann...
While few enjoy the pain of red ink in the markets when volatility strikes, forward-thinking investors can use the current circumstances to load up on intriguing stocks to buy. To be sure, fear has once...
Who would have thought operations in Macao would be a drag on Wynn's resorts even in 2022?