What is Wynn Resorts' (Wynn) stock price potential next year?
Their forecasts range from $75.00 to $160.00. On average, they anticipate Wynn Resorts' share price to reach $115.00 in the next year. This suggests a possible upside of 24.7% from the stock's current price.
Where can I buy shares of Wynn?
Shares of WYNN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
Who is the founder of Wynn Resorts?
The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, Encore Boston Harbor in Massachusetts opened June 2019.
When will Wynn Resorts'new resorts open?
Additionally, we expect the company to begin construction on a new building next to its existing Macao Palace resort in 2022, which we forecast to open in 2025. The company also operates Wynn Interactive, a digital sports betting and iGaming platform.
Is WYNN stock a good buy now?
Wynn Resorts has received a consensus rating of Buy. The company's average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.
Is WYNN undervalued?
Wynn Resorts maintains a prevalent Real Value of $86.26 per share. The last-minute price of the company is $67.46. At this time, the company appears to be undervalued....USD 67.46 0.62 0.93%LowEstimated ValueHigh62.8266.5270.22
What is the target price for WYNN?
Stock Price Target WYNNHigh$116.00Median$90.00Low$70.00Average$90.46Current Price$65.21
What is the highest stock price for Wynn Resorts?
Wynn Resorts - Stock Price History | WYNN The latest closing stock price for Wynn Resorts as of June 10, 2022 is 62.29. The all-time high Wynn Resorts stock closing price was 247.95 on March 04, 2014.
Does Wynn stock pay dividends?
WYNN RESORTS (NASDAQ: WYNN) does not pay a dividend.
Who owns the Wynn?
Wynn ResortsWynn Las Vegas / OwnerWynn Resorts, Limited is an American publicly traded corporation based in Paradise, Nevada that is a developer and operator of high end hotels and casinos. It was founded in 2002 by former Mirage Resorts Chairman and CEO Steve Wynn, and is now run by CEO Craig Billings. Wikipedia
What sector is Wynn?
Consumer DiscretionaryKey DataLabelValueSectorConsumer DiscretionaryIndustryHotels/Resorts1 Year Target$84.50Today's High/Low$68.34/$63.9716 more rows
Is Wynn Resorts a buy right now?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wynn Resorts in the last twelve months. There are currently 5 hold rating...
Are investors shorting Wynn Resorts?
Wynn Resorts saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 6,990,000 shares, an increase...
When is Wynn Resorts' next earnings date?
Wynn Resorts is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022. View our earnings forecast for Wynn R...
How were Wynn Resorts' earnings last quarter?
Wynn Resorts, Limited (NASDAQ:WYNN) posted its earnings results on Tuesday, May, 10th. The casino operator reported ($1.21) earnings per share for...
What price target have analysts set for WYNN?
11 Wall Street analysts have issued 1 year target prices for Wynn Resorts' shares. Their forecasts range from $71.00 to $130.00. On average, they a...
Who are Wynn Resorts' key executives?
Wynn Resorts' management team includes the following people: Mr. Craig Scott Billings , CEO, Treasurer & Director (Age 49, Pay $2.35M) Ms. Ellen...
What is Matt Maddox's approval rating as Wynn Resorts' CEO?
234 employees have rated Wynn Resorts CEO Matt Maddox on Glassdoor.com . Matt Maddox has an approval rating of 87% among Wynn Resorts' employees.
Who are some of Wynn Resorts' key competitors?
Some companies that are related to Wynn Resorts include Las Vegas Sands (LVS) , MGM Resorts International (MGM) , Caesars Entertainment (CZR) ,...
What other stocks do shareholders of Wynn Resorts own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Wynn Resorts investors own include NVIDIA (NVDA) , Alibab...
Wynn Resorts Is a Tale of 2 Cities
Wynn Resorts (WYNN) Q4 Earnings Miss Estimates, Revenues Top
The gambling business is booming in the U.S., with a record $53 billion in revenue for casinos across the country in 2021 and $7.1 billion on the Las Vegas Strip. Macao has been a different story, with major restrictions on travel and social activities still ongoing.
How much does Wynn Resorts make?
Wynn Resorts' (WYNN) fourth-quarter 2021 performance reflects gains from strong spend per customer and significant new customer sign-ups in its direct business.
Who sold Wynn Resorts stock?
Wynn Resorts has a market capitalization of $12.84 billion and generates $2.10 billion in revenue each year. The casino operator earns $-2,067,250,000.00 in net income (profit) each year or ($19.18) on an earnings per share basis.
Key Points
WYNN stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold Wynn Resorts company stock in the last year include Craig Scott Billings, Ellen F Whittemore, and Patricia Mulroy.
NASDAQ: WYNN
Wynn has only two casinos in Macao, but they made up almost half of its operating revenue last quarter.
What happened
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So what
As if the casino industry hasn't been dealing with enough from COVID, including the delta variant, casino operators in the Chinese gambling mecca of Macao might have to face new regulatory headwinds. The stocks of casino owners in Macao dropped yesterday on the news, and more color on the issue has them tanking again today.
Now what
The slide began yesterday when Macao's secretary for economy and finance announced a 45-day examination period for the area's gambling industry. The official pointed to deficiencies in the industry's supervision, according to a Reuters report.
Premium Investing Services
That nervousness is understandable. Wynn has only two properties in Macao, but they represented 46% of total operating revenue in the second quarter, which ended June 30. And this comes with concerns about how the continuing pandemic, and resurgence with the delta variant, will affect casinos in all locations.