Wynn Resorts Ltd. (WYNN)

NASDAQ: WYNN · IEX Real-Time Price · USD
63.03
-3.73 (-5.59%)
At close: Sep 30, 2022 4:00 PM
63.09
+0.06 (0.10%)
After-hours: Sep 30, 2022 7:56 PM EDT
-5.59%
Market Cap 7.17B
Revenue (ttm) 3.90B
Net Income (ttm) -656.81M
Shares Out 113.73M
EPS (ttm) -5.74
PE Ratio n/a
Forward PE 32.15
Dividend n/a
Ex-Dividend Date n/a
Volume 2,899,775
Open 64.00
Previous Close 66.76
Day's Range 62.83 - 65.06
52-Week Range 50.20 - 99.00
Beta 2.14
Analysts Buy
Price Target 86.91 (+37.9%)
Earnings Date Nov 7, 2022

About WYNN

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...]

Industry Hotels, Restaurants & Leisure
IPO Date Oct 25, 2002
CEO Craig Billings
Employees 26,950
Stock Exchange NASDAQ
Ticker Symbol WYNN
Full Company Profile

Financial Performance

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

Analyst Forecast

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.

Price Target
$86.91
(37.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Macau Mania: Worthy of a Bet?

Yesterday, several gaming and casino-related stocks stole the spotlight, providing serious gains. Should investors try to tap into the resurgence of Macau?

Other symbols: LVSMGM
5 days ago - Zacks Investment Research

With Optimism About A Macau Recovery, Is Wynn Stock A Buy?

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.

5 days ago - Forbes

Is Wynn Resorts a ‘buy' as Macau reopens for China?

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...

6 days ago - Invezz

Markets Lower, but Macau Is a Bright Spot

Wynn Resorts (WYNN) and Las Vegas Sands (LVS) are both up +12% today, with the autonomous government of "Chinese Vegas" resuming issuing visas, and clearing the way for group tours to Macau.

Other symbols: LVS
6 days ago - Zacks Investment Research

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.

Other symbols: LVS
6 days ago - Yahoo Finance

Why Wynn Resorts Rocketed Higher Today

Macao authorities had good news for beaten-down casino stocks.

6 days ago - The Motley Fool

Final Trades: Wynn Resorts, Honeywell, General Motors & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: GMHONHSY
6 days ago - CNBC Television

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.

Other symbols: LVS
6 days ago - Market Watch

Casino Shares Gain on Hopes of Renewed Tourism in Macau

Shares in Las Vegas Sands and Wynn Resorts climbed after the gambling hub's government said it would begin allowing tourists from mainland China.

Other symbols: LVS
6 days ago - WSJ

Why Are Casino Stocks LVS, WYNN, MLCO Up Today?

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,...

Other symbols: LVSMLCO
6 days ago - InvestorPlace

Macau to Reopen for Tours From Mainland China. Casino Stocks Are Climbing.

Melco Resorts & Entertainment and Las Vegas Sands were leading the climb among casino stocks Monday.

Other symbols: LVSMGMMLCO
6 days ago - Barrons

Macau Casino Stocks Soar As China Readies To Open Up Travel

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

Other symbols: LVSMGMMLCO
6 days ago - Investors Business Daily

Casino Stocks Bet on Macao, but Will Gamblers Return?

Falling wealth levels could spoil the Asian gambling capital's reopening.

Other symbols: LVSMLCO
6 days ago - The Motley Fool

Macau casino shares soar after China allows tour groups after more than 2.5 years

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,...

Other symbols: LVSMGM
1 week ago - Reuters

3 Gaming Stocks to Watch Despite Industry Challenges

Robust demand for online betting bodes well for the Gaming industry. Stocks like MGM, WYNN and BYD are benefiting from an improving industry trend.

Other symbols: BYDMGM
1 week ago - Zacks Investment Research

The manufacturing promise in the U.S. looks better than it has in years, says NEC's Deese

Brian Deese, National Economic Council director, joins 'Closing Bell' to discuss recessionary warnings from corporate America, if the U.S. is going into a downturn faster than expected and more.

Other symbols: AZOEXPEFSMHVLO
1 week ago - CNBC Television

How These 2 Nasdaq Stocks Are Bucking Tuesday's Tumble

Even in challenging times, there's good news for some companies.

Other symbols: CHNG
1 week ago - The Motley Fool

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.

Other symbols: CZRLVSMGM
1 week ago - Yahoo Finance

Las Vegas Sands, Wynn Stocks Rise on Macau Casino Recovery Hopes

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.

Other symbols: LVS
1 week ago - Barrons

Wynn Resorts (WYNN) Rises 19% in 3 Months: More Room to Run?

Wynn Resorts (WYNN) benefits from improved non-gaming revenues and expansion in domestic markets.

2 weeks ago - Zacks Investment Research

Wynn (WYNN) Soars 7.5%: Is Further Upside Left in the Stock?

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.

2 weeks ago - Zacks Investment Research

Wynn Las Vegas Launches Partnership with TB12, Offering Onsite Body Coach Sessions

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...

2 weeks ago - PRNewsWire

7 Stocks to Snap Up Now on the Recent Sell-Off

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...

Other symbols: CVXFIVEHAINKOTM
1 month ago - InvestorPlace

Las Vegas Is no Longer a Casino Town

There's a lot more to Las Vegas than gambling.

Other symbols: CZRMGM
1 month ago - The Motley Fool

Wynn's Results Are a Tale of Two Cities

Who would have thought operations in Macao would be a drag on Wynn's resorts even in 2022?

1 month ago - The Motley Fool