Wynn Resorts (WYNN)
(Real Time Quote from BATS)
$96.59 USD
-2.23 (-2.26%)
Updated Apr 24, 2024 01:06 PM ET
3-Hold of 5 3
B Value A Growth A Momentum A VGM
Company Summary
Based in Las Vegas, NV, Wynn Resorts was founded in 2002. The company, together with its subsidiaries, is a leading developer, owner and operator of casino resorts. The company currently owns and operates casino hotel resort properties in Las Vegas, and in Macau Special Administrative Region of the People's Republic of China.
Wynn Las Vegas and Encore at Wynn Las Vegas are managed as a single integrated resort and are treated as one reportable segment (Las Vegas Operations). Wynn Macau, Encore at Wynn Macau and Wynn Palace are managed as a single integrated resort ...
Company Summary
Based in Las Vegas, NV, Wynn Resorts was founded in 2002. The company, together with its subsidiaries, is a leading developer, owner and operator of casino resorts. The company currently owns and operates casino hotel resort properties in Las Vegas, and in Macau Special Administrative Region of the People's Republic of China.
Wynn Las Vegas and Encore at Wynn Las Vegas are managed as a single integrated resort and are treated as one reportable segment (Las Vegas Operations). Wynn Macau, Encore at Wynn Macau and Wynn Palace are managed as a single integrated resort and are accounted as one reportable segment (Macau Operations).
Las Vegas Operations (38% of total revenues in 2023): Wynn Las Vegas was opened on Apr 28, 2005 while Encore Las Vegas was opened on Dec 22, 2008.
In Dec 2016, the company formed a joint venture with Crown Acquisitions Inc. to own and operate an existing retail space and another retail space that is currently under construction at Wynn Las Vegas. Per the agreement, Crown will pay the company $472.0 million in two installments for a 49.9% ownership interest in each of the Retail Joint Ventures.
Macau Operations (49.5%): The Wynn Macau casino resort was opened on Sep 6, 2006. The company operates Wynn Macau under a 20-year casino concession agreement granted by the Macau government in Jun, 2002. Encore at Wynn Macau was opened on Apr 21, 2010.
Encore Boston Harbor (12%): On June 23, 2019, the company opened Encore Boston Harbor, an integrated resort in Everett, MA.
On Aug 22, 2016, the company unveiled the Wynn Palace resort in the Cotai area of Macau. Featuring 1,706 hotel rooms, suites and villas, a lake with gondolas and fountains, floral sculptures, expensive artwork, lounge and meeting space, a casino, stores, recreation and leisure facilities along with exclusive food-and-beverage outlets and costing over $4 billion, it is the company’s first resort in the Cotai region.
General Information
Wynn Resorts, Limited
3131 LAS VEGAS BOULEVARD SOUTH
LAS VEGAS, NV 89109
Phone: 702-770-7555
Fax: 1 702 733-4681
Web: http://www.wynnresorts.com
Email: investorrelations@wynnresorts.com
| Industry | Gaming |
| Sector | Consumer Discretionary |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Exp Earnings Date | 5/14/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 1.43 |
| Current Year EPS Consensus Estimate | 5.37 |
| Estimated Long-Term EPS Growth Rate | NA |
| Exp Earnings Date | 5/14/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 98.82 |
| 52 Week High | 117.86 |
| 52 Week Low | 81.65 |
| Beta | 1.93 |
| 20 Day Moving Average | 1,447,737.88 |
| Target Price Consensus | 122.77 |
| 4 Week | -1.75 |
| 12 Week | 4.03 |
| YTD | 8.46 |
| 4 Week | 2.30 |
| 12 Week | -1.05 |
| YTD | 1.85 |
| Shares Outstanding (millions) | 112.08 |
| Market Capitalization (millions) | 11,075.57 |
| Short Ratio | NA |
| Last Split Date | NA |
| Dividend Yield | 1.01% |
| Annual Dividend | $1.00 |
| Payout Ratio | 0.24 |
| Change in Payout Ratio | NA |
| Last Dividend Payout / Amount | 2/16/2024 / $0.25 |
Fundamental Ratios
| P/E (F1) | 18.40 |
| Trailing 12 Months | 24.10 |
| PEG Ratio | NA |
| vs. Previous Year | 255.28% |
| vs. Previous Quarter | 92.93% |
| vs. Previous Year | 83.14% |
| vs. Previous Quarter | 10.08% |
| Price/Book | NA |
| Price/Cash Flow | 9.39 |
| Price / Sales | 1.70 |
| 3/31/24 | NA |
| 12/31/23 | -31.17 |
| 9/30/23 | -6.80 |
| 3/31/24 | NA |
| 12/31/23 | 3.37 |
| 9/30/23 | 0.81 |
| 3/31/24 | NA |
| 12/31/23 | 1.93 |
| 9/30/23 | 2.66 |
| 3/31/24 | NA |
| 12/31/23 | 1.89 |
| 9/30/23 | 2.61 |
| 3/31/24 | NA |
| 12/31/23 | 7.08 |
| 9/30/23 | 1.93 |
| 3/31/24 | NA |
| 12/31/23 | 11.18 |
| 9/30/23 | 0.58 |
| 3/31/24 | NA |
| 12/31/23 | 4.37 |
| 9/30/23 | -0.29 |
| 3/31/24 | NA |
| 12/31/23 | -9.75 |
| 9/30/23 | -15.00 |
| 3/31/24 | NA |
| 12/31/23 | 51.01 |
| 9/30/23 | 46.57 |
| 3/31/24 | NA |
| 12/31/23 | NA |
| 9/30/23 | NA |
| 3/31/24 | NA |
| 12/31/23 | NA |
| 9/30/23 | NA |