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Wynn Resorts Ltd

Wynn Resorts Ltd Stock Forecast & Price Prediction

Live Wynn Resorts Ltd Stock (WYNN) Price
$94.38

19

Ratings

  • Buy 16
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$94.38

P/E Ratio

10.89

Volume Traded Today

$1.4M

Dividend

$0.25

52 Week High/low

110.38/71.63

Wynn Resorts Ltd Market Cap

$9.96B

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WYNN Summary

Based on ratings from 19 stock analysts, the Wynn Resorts Ltd stock price is expected to increase by 22.5% in 12 months. This is calculated by using the average 12-month stock price forecast for Wynn Resorts Ltd. The lowest target is $93 and the highest is $145. Please note analyst price targets are not guaranteed and could be missed completely.

WYNN Analyst Ratings

About 19 Wall Street analysts have assignedWYNN 16 buy ratings, 3 hold ratings, and 0 sell ratings. This means that analysts expect Wynn Resorts Ltd to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on WYNN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

WYNN stock forecast by analyst

These are the latest 20 analyst ratings of WYNN.

Analyst/Firm

Rating

Price Target

Change

Date

Brandt Montour
Barclays

Overweight

$119

Maintains

Nov 5, 2024
Joseph Greff
JP Morgan

Overweight

$113

Maintains

Nov 5, 2024
Chad Beynon
Macquarie

Outperform

$120

Maintains

Nov 5, 2024
Carlo Santarelli
Deutsche Bank

Buy

$118

Maintains

Nov 5, 2024
Daniel Politzer
Wells Fargo

Overweight

$122

Maintains

Nov 5, 2024
Stephen Grambling
Morgan Stanley

Overweight

$115

Maintains

Oct 22, 2024
Daniel Politzer
Wells Fargo

Overweight

$125

Maintains

Oct 17, 2024
Brandt Montour
Barclays

Overweight

$125

Maintains

Oct 17, 2024
Rachael Rothman
Susquehanna

Positive

$122

Maintains

Oct 11, 2024
Stephen Grambling
Morgan Stanley

Overweight

$112

Maintains

Oct 11, 2024
Stephen Grambling
Morgan Stanley

Overweight

$104

Upgrade

Sep 27, 2024
Steve Wieczynski
Stifel

Buy

$103

Maintains

Sep 13, 2024
Stephen Grambling
Morgan Stanley

Equal-Weight

$97

Maintains

Sep 4, 2024
Chad Beynon
Macquarie

Outperform

$126

Maintains

Aug 7, 2024
Carlo Santarelli
Deutsche Bank

Buy

$122

Maintains

Aug 7, 2024
Daniel Politzer
Wells Fargo

Overweight

$115

Maintains

Aug 7, 2024
Joseph Greff
JP Morgan

Overweight

$101

Maintains

Aug 7, 2024
Stephen Grambling
Morgan Stanley

Equal-Weight

$107

Maintains

Jul 12, 2024
Carlo Santarelli
Deutsche Bank

Buy

$131

Maintains

Jul 11, 2024
David Katz
Jefferies

Hold

$96

Maintains

Jul 11, 2024

WYNN Company Information

What They Do: Operates integrated luxury resorts and casinos.

Business Model: Wynn Resorts generates revenue primarily through its integrated resorts, which include luxury hotels, casinos, entertainment venues, and various dining and retail options. Each of its segments, such as Wynn Palace and Encore Boston Harbor, offers unique amenities and experiences, attracting high-end clientele and tourists, contributing to its profitability.

Other Information: Founded in 2002 and headquartered in Las Vegas, the company operates in key markets including Macau and Boston, which positions it well for growth in the luxury travel and gaming sectors. The diverse offerings across its properties allow for cross-selling opportunities and enhance customer retention.
WYNN
Wynn Resorts Ltd (WYNN)

When did it IPO

2002

Staff Count

27,800

Country

United States

Sector/Industry

Consumer Cyclical/Resorts & Casinos

CEO

Mr. Craig Scott Billings

Market Cap

$9.96B

Wynn Resorts Ltd (WYNN) Financial Data

In 2023, WYNN generated $6.53B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that WYNN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$6.53B

0.00 %
From Previous Year
  • Revenue TTM $7.13B
  • Operating Margin TTM 9.2%
  • Gross profit TTM $2.82B
  • Return on assets TTM 5.3%
  • Return on equity TTM -66.3%
  • Profit Margin 13.4%
  • Book Value Per Share -2.58%
  • Market capitalisation $9.96B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $6.53B
  • EPS this year (TTM) $8.33

Wynn Resorts Ltd (WYNN) Latest News

News Image

Thu, 21 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - WYNN is expanding in the UAE and pursuing innovations in Macau, but rising operating expenses may pose challenges for the company.

Why It Matters - WYNN's UAE expansion and Macau initiatives indicate growth potential, but rising operating expenses could impact profitability and investor returns.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Wynn Resorts (WYNN) reports 55% completion of structural concrete for Wynn Al Marjan Island in Ras Al Khaimah, the UAE's first integrated resort, located 50 minutes from Dubai Airport.

Why It Matters - Wynn Resorts' progress on its UAE resort indicates strong expansion plans, potentially boosting revenue and market presence in a lucrative region, which can positively impact stock performance.

News Image

Tue, 19 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Wynn shares have declined following soft 3Q results, presenting a potential buying opportunity for undervalued assets, despite marginal declines aligning with historic trading patterns.

Why It Matters - Wynn's share decline presents a buying opportunity, as 3Q results align with historical patterns, suggesting long-term value in its resilient and superior assets.

News Image

Thu, 14 Nov 2024

Sentiment - POSITIVE

Source - CNBC

Summary - Tilman Fertitta has raised his ownership in Wynn Resorts to 9.9%, as reported in a SEC filing. The stake is classified as passive, but speculation suggests he may seek an active role.

Why It Matters - Tilman Fertitta's increased stake in Wynn Resorts signals potential influence in company decisions, which could affect stock performance and strategic direction, impacting investor sentiment.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - CNBC Television

Summary - Matt Maley of Miller Tabak + Co. shared insights on the stock outlooks for Wynn Resorts, CNH Industrial, and Tapestry during a CNBC appearance.

Why It Matters - Maley's insights on these stocks can influence investor sentiment and decision-making, impacting stock prices and market trends in the leisure, industrial, and retail sectors.

News Image

Tue, 05 Nov 2024

Sentiment - NEGATIVE

Source - Investopedia

Summary - Wynn Resorts (WYNN) shares fell after the company reported third-quarter results that missed analyst expectations, attributed to slowing operations in Las Vegas.

Why It Matters - Wynn Resorts' missed earnings forecasts and slowing Las Vegas operations signal potential revenue declines, raising concerns about future profitability and impacting investor sentiment.

...

WYNN Frequently asked questions

The highest forecasted price for WYNN is $145 from at Topeka Capital.

The lowest forecasted price for WYNN is $93 from from JP Morgan

The WYNN analyst ratings consensus are 16 buy ratings, 3 hold ratings, and 0 sell ratings.