Q3 EPS Estimates for Wynn Resorts Lowered by Seaport Res Ptn

Wynn Resorts, Limited (NASDAQ:WYNN) – Seaport Res Ptn reduced their Q3 2025 earnings per share (EPS) estimates for shares of Wynn Resorts in a note issued to investors on Sunday, October 19th. Seaport Res Ptn analyst V. Umansky now anticipates that the casino operator will post earnings of $1.45 per share for the quarter, down from their previous forecast of $1.70. The consensus estimate for Wynn Resorts’ current full-year earnings is $5.17 per share. Seaport Res Ptn also issued estimates for Wynn Resorts’ FY2025 earnings at $4.27 EPS, FY2026 earnings at $5.39 EPS and FY2027 earnings at $6.09 EPS.

Wynn Resorts (NASDAQ:WYNN) last issued its earnings results on Thursday, August 7th. The casino operator reported $1.09 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.11). The business had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.74 billion. Wynn Resorts had a net margin of 5.51% and a negative return on equity of 56.78%. The business’s revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.12 EPS.

WYNN has been the subject of a number of other research reports. Citigroup restated a “neutral” rating and issued a $114.00 price objective (up previously from $108.00) on shares of Wynn Resorts in a research report on Wednesday, July 9th. Macquarie upped their price objective on shares of Wynn Resorts from $110.00 to $124.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Argus upgraded Wynn Resorts from a “hold” rating to a “buy” rating and set a $145.00 target price for the company in a report on Wednesday, September 3rd. Mizuho increased their target price on Wynn Resorts from $122.00 to $126.00 and gave the stock an “outperform” rating in a report on Monday, August 11th. Finally, JPMorgan Chase & Co. increased their target price on Wynn Resorts from $123.00 to $136.00 and gave the stock an “overweight” rating in a report on Thursday, October 16th. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $129.64.

Wynn Resorts Stock Performance

Shares of Wynn Resorts stock opened at $119.39 on Wednesday. The firm has a fifty day moving average of $121.82 and a two-hundred day moving average of $102.84. The stock has a market capitalization of $12.41 billion, a price-to-earnings ratio of 35.85, a PEG ratio of 4.95 and a beta of 1.31. Wynn Resorts has a 52 week low of $65.25 and a 52 week high of $134.23.

Wynn Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Monday, August 18th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, August 18th. Wynn Resorts’s dividend payout ratio is currently 30.03%.

Insider Activity at Wynn Resorts

In other news, Director Patricia Mulroy sold 4,438 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $125.00, for a total transaction of $554,750.00. Following the completion of the transaction, the director directly owned 3,066 shares in the company, valued at $383,250. This represents a 59.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.52% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Wynn Resorts

A number of large investors have recently modified their holdings of the business. Norges Bank acquired a new stake in Wynn Resorts in the 2nd quarter valued at about $106,289,000. Palidye Holdings Caymans Ltd acquired a new stake in Wynn Resorts in the 2nd quarter valued at about $104,629,000. Thrivent Financial for Lutherans lifted its stake in Wynn Resorts by 6,391.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 748,769 shares of the casino operator’s stock valued at $70,138,000 after purchasing an additional 737,234 shares during the last quarter. DAVENPORT & Co LLC acquired a new stake in Wynn Resorts during the first quarter worth approximately $49,476,000. Finally, Greenwich Wealth Management LLC acquired a new stake in Wynn Resorts during the second quarter worth approximately $46,845,000. 88.64% of the stock is currently owned by institutional investors and hedge funds.

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.