Zacks Research Has Positive View of Wynn Resorts Q3 Earnings

Wynn Resorts, Limited (NASDAQ:WYNN) – Investment analysts at Zacks Research upped their Q3 2025 earnings per share (EPS) estimates for shares of Wynn Resorts in a report issued on Tuesday, October 28th. Zacks Research analyst Team now expects that the casino operator will post earnings of $0.88 per share for the quarter, up from their prior estimate of $0.87. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Wynn Resorts’ current full-year earnings is $5.17 per share. Zacks Research also issued estimates for Wynn Resorts’ FY2025 earnings at $4.33 EPS.

Several other analysts have also weighed in on the company. Stifel Nicolaus upped their price objective on Wynn Resorts from $130.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Argus upgraded Wynn Resorts from a “hold” rating to a “buy” rating and set a $145.00 price objective for the company in a report on Wednesday, September 3rd. UBS Group raised Wynn Resorts from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $101.00 to $147.00 in a research report on Thursday, August 28th. Mizuho boosted their target price on Wynn Resorts from $122.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, August 11th. Finally, Citigroup reaffirmed a “neutral” rating and set a $114.00 target price (up from $108.00) on shares of Wynn Resorts in a research report on Wednesday, July 9th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $129.64.

Wynn Resorts Stock Down 0.7%

Shares of Wynn Resorts stock opened at $118.99 on Friday. The firm has a market cap of $12.37 billion, a price-to-earnings ratio of 35.73, a price-to-earnings-growth ratio of 4.94 and a beta of 1.31. The business has a fifty day simple moving average of $123.39 and a 200-day simple moving average of $105.54. Wynn Resorts has a fifty-two week low of $65.25 and a fifty-two week high of $134.23.

Wynn Resorts (NASDAQ:WYNN) last announced its quarterly earnings data on Thursday, August 7th. The casino operator reported $1.09 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.11). The firm had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.74 billion. Wynn Resorts had a net margin of 5.51% and a negative return on equity of 56.78%. The company’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company earned $1.12 EPS.

Wynn Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Monday, August 18th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, August 18th. Wynn Resorts’s dividend payout ratio is presently 30.03%.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Wynn Resorts by 6.6% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 5,736 shares of the casino operator’s stock valued at $736,000 after acquiring an additional 353 shares during the last quarter. Strs Ohio boosted its stake in Wynn Resorts by 58.7% during the 3rd quarter. Strs Ohio now owns 145,967 shares of the casino operator’s stock valued at $18,723,000 after purchasing an additional 53,971 shares during the period. Bailard Inc. bought a new stake in Wynn Resorts during the 3rd quarter valued at approximately $601,000. Rakuten Investment Management Inc. bought a new stake in Wynn Resorts during the 3rd quarter valued at approximately $51,163,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Wynn Resorts by 30.0% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 27,019 shares of the casino operator’s stock valued at $3,466,000 after purchasing an additional 6,234 shares during the period. Institutional investors and hedge funds own 88.64% of the company’s stock.

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.