Seaport Res Ptn Weighs in on Wynn Resorts Q1 Earnings

Wynn Resorts, Limited (NASDAQ:WYNN) – Investment analysts at Seaport Res Ptn issued their Q1 2025 earnings per share estimates for shares of Wynn Resorts in a research report issued on Tuesday, April 22nd. Seaport Res Ptn analyst V. Umansky forecasts that the casino operator will post earnings per share of $1.32 for the quarter. The consensus estimate for Wynn Resorts’ current full-year earnings is $5.17 per share. Seaport Res Ptn also issued estimates for Wynn Resorts’ Q2 2025 earnings at $1.38 EPS, Q3 2025 earnings at $1.29 EPS, Q4 2025 earnings at $1.58 EPS and FY2025 earnings at $5.46 EPS.

A number of other brokerages have also recently issued reports on WYNN. Mizuho increased their target price on Wynn Resorts from $118.00 to $132.00 and gave the stock an “outperform” rating in a research report on Friday, February 14th. Macquarie restated an “outperform” rating and issued a $115.00 target price on shares of Wynn Resorts in a research note on Friday, February 14th. Morgan Stanley decreased their price target on Wynn Resorts from $105.00 to $103.00 and set an “overweight” rating on the stock in a research report on Monday, February 24th. Jefferies Financial Group upgraded shares of Wynn Resorts from a “hold” rating to a “buy” rating and raised their price objective for the company from $105.00 to $118.00 in a research report on Tuesday, February 18th. Finally, StockNews.com cut shares of Wynn Resorts from a “buy” rating to a “hold” rating in a research note on Wednesday, March 12th. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Wynn Resorts presently has an average rating of “Moderate Buy” and a consensus target price of $118.17.

Wynn Resorts Trading Up 3.1 %

Wynn Resorts stock opened at $81.58 on Thursday. The business’s 50 day simple moving average is $82.24 and its 200 day simple moving average is $87.26. Wynn Resorts has a 12 month low of $65.25 and a 12 month high of $107.81. The company has a market cap of $8.66 billion, a price-to-earnings ratio of 19.38, a PEG ratio of 2.35 and a beta of 1.53.

Wynn Resorts (NASDAQ:WYNN) last announced its quarterly earnings data on Thursday, February 13th. The casino operator reported $2.42 EPS for the quarter, topping the consensus estimate of $1.27 by $1.15. Wynn Resorts had a net margin of 7.03% and a negative return on equity of 71.17%. The business had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.78 billion.

Wynn Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, February 24th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.23%. The ex-dividend date was Monday, February 24th. Wynn Resorts’s dividend payout ratio is 23.75%.

Insider Buying and Selling

In related news, Director Philip G. Satre purchased 22,200 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were acquired at an average price of $92.18 per share, for a total transaction of $2,046,396.00. Following the completion of the acquisition, the director now directly owns 34,195 shares in the company, valued at approximately $3,152,095.10. The trade was a 185.08 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Tilman J. Fertitta acquired 100,000 shares of Wynn Resorts stock in a transaction on Monday, April 7th. The shares were bought at an average cost of $67.62 per share, for a total transaction of $6,762,000.00. Following the completion of the transaction, the insider now owns 13,000,000 shares in the company, valued at approximately $879,060,000. This trade represents a 0.78 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 438,700 shares of company stock valued at $31,300,943 over the last three months. 0.52% of the stock is owned by company insiders.

Hedge Funds Weigh In On Wynn Resorts

A number of institutional investors have recently bought and sold shares of WYNN. Norges Bank bought a new position in shares of Wynn Resorts in the 4th quarter worth approximately $117,352,000. Jericho Capital Asset Management L.P. bought a new position in Wynn Resorts in the fourth quarter worth $101,375,000. Raymond James Financial Inc. bought a new stake in shares of Wynn Resorts during the 4th quarter valued at $75,872,000. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of Wynn Resorts by 18.4% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,125,668 shares of the casino operator’s stock worth $269,308,000 after buying an additional 485,204 shares during the period. Finally, Deutsche Bank AG increased its stake in shares of Wynn Resorts by 108.5% in the 4th quarter. Deutsche Bank AG now owns 848,636 shares of the casino operator’s stock worth $73,118,000 after acquiring an additional 441,558 shares in the last quarter. 88.64% of the stock is owned by institutional investors.

Wynn Resorts Company Profile

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.