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Wynn Resorts Ltd WYNN Stock Quote

| Rating as of

NASDAQ: WYNN

Last close prices updated as of Jan 27, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 102.99
  • Sector Consumer Cyclical
  • Industry Resorts & Casinos
  • Investment Style Mid Value
  • Day Range 102.06  –  104.34
  • Year Range 50.20  –  104.34
  • Market Cap 11.6702 Bil
  • Volume / Avg 1.9 Mil /  3.2 Mil
  • Price / Sales 3.10
  • Price / Book 103.59
  • Forward Div Yield
  • Trailing Div Yield 0.97%

Morningstar‘s Stock Analysis WYNN

Valuation
Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Lowering Uncertainty Rating to High for Las Vegas Sands and Wynn on Improved Macao Demand Visibility

Dan Wasiolek Senior Equity Analyst

Analyst Note

| Dan Wasiolek |

We are lowering our Uncertainty Rating to High from Very High for narrow-moat companies Wynn Resorts and Las Vegas Sands, driven by a rapid easing of Macao's COVID-19 policy over the past month, which we think is likely to endure. We have improved certainty around our existing base-case assumption that industry gross gaming revenue can rebound to 50% of 2019’s level this year versus a midteens level in 2022. We maintain our fair value estimates of $49 for Sands and $107 for Wynn, leaving the latter undervalued, in our view.

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Key Statistics WYNN

Company Profile WYNN

Business Description

Wynn Resorts operates luxury casinos and 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, and Encore Boston Harbor in Massachusetts opened June 2019. we expect the company to begin construction on a new building next to its existing Wynn Palace resort in 2023, which we forecast to open in 2026. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.

Contact
3131 Las Vegas Boulevard South
Las Vegas, NV, 89109
Industry Resorts & Casinos
Employees 26,950

Related Articles WYNN

FAQs for Wynn Resorts Ltd Stock

No. WYNN does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

WYNN’s market cap is 11.67 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

WYNN’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

WYNN’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare WYNN’s historical performance against its industry peers and the overall market.