WYNN - Wynn Resorts, Limited
| Previous close | 120.87 |
| Open | 119.93 |
| Bid | 104.20 x 1100 |
| Ask | 119.00 x 1000 |
| Day's range | 118.85 - 120.71 |
| 52-week range | 90.06 - 197.68 |
| Volume | 1,441,254 |
| Avg. volume | 2,096,175 |
| Market cap | 12.848B |
| Beta (3Y monthly) | 1.41 |
| PE ratio (TTM) | 14.71 |
| EPS (TTM) | 8.15 |
| Earnings date | 30 Jul 2019 - 5 Aug 2019 |
| Forward dividend & yield | 3.00 (2.08%) |
| Ex-dividend date | 2019-05-21 |
| 1y target est | 145.88 |
- Zacks•21 hours ago
Wynn Resorts Ends Massachusetts Casino Sale Talks With MGM
Wynn Resorts (WYNN) decides to stop the discussion regarding the sale of $2.6-billion Encore Boston Harbor to MGM Resorts.
- MarketWatch•yesterday
MGM breaks off talks to buy Wynn’s Encore Boston casino
MGM Resorts International says it will no longer pursue buying Encore Boston Harbor from Wynn Resorts. MGM (MGM) said Tuesday that stakeholders have concerns. The $2.6 billion casino is scheduled to open next month in Everett, Massachusetts.
Associated Press•yesterdayMGM discontinues talks with Wynn on Encore Boston purchase
BOSTON (AP) — MGM Resorts International says it will no longer pursue buying Encore Boston Harbor from Wynn Resorts.
- Reuters•yesterday
Wynn Resorts ceases talks with MGM to sell $2.6 billion Massachusetts casino
"After careful consideration we have agreed to cease discussions with MGM Resorts," Las Vegas-based Wynn said in a statement, adding it is still committed to opening and operating the 671-room casino. The two companies announced last week that Wynn Resorts was in talks to sell its nearly finished $2.6 billion (2.04 billion pounds) Encore Boston Harbor casino in Everett, Massachusetts, to rival MGM. MGM in response said in a statement the company would not continue talks with Wynn Resorts regarding the Massachusetts casino.
- Zacks•2 days ago
The Zacks Analyst Blog Highlights: Wynn Resorts, MGM Resorts International, Walt Disney, Caesars Entertainment and Stars Group
The Zacks Analyst Blog Highlights: Wynn Resorts, MGM Resorts International, Walt Disney, Caesars Entertainment and Stars Group
- Zacks•3 days ago
Gambling Stock Roundup: WYNN to Sell Massachusetts Casino, DIS & CZR Ink Deal
Disappointing performances by gambling stocks over the last five trading days can be attributed to concerns over the trade war between Beijing and Washington.
- Reuters•5 days ago
Wynn Resorts in talks to sell $2.6 billion Massachusetts casino to MGM
Las Vegas-based Wynn received its Massachusetts license in 2013, allowing it to go ahead with building the 671-room Encore Boston Harbor in Everett, Massachusetts. A deal would be complicated for MGM, which has a casino in Springfield, as according to the state's gaming commission Massachusetts forbids companies from holding more than one casino license in the state. The Massachusetts Gaming Commission had in April fined Wynn Resorts $35 million for not disclosing sexual misconduct allegations against founder and former chief executive officer Steve Wynn, but allowed the casino operator to keep its license.
- Reuters•6 days ago
Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM
Las Vegas-based Wynn received its Massachusetts license in 2013, allowing it to go ahead with building the 671-room Encore Boston Harbor in Everett, Massachusetts. A deal would be complicated for MGM, which has a casino in Springfield, as according to the state's gaming commission Massachusetts forbids companies from holding more than one casino license in the state. The Massachusetts Gaming Commission had in April fined Wynn Resorts $35 million for not disclosing sexual misconduct allegations against founder and former chief executive officer Steve Wynn, but allowed the casino operator to keep its license.
Associated Press•6 days agoWynn and MGM in talks about sale of Encore Boston casino
Wynn Resorts and MGM Resorts International said in a joint statement they've engaged in conversations about the potential sale of Encore Boston Harbor. This comes as Wynn is about to open the $2.6 billion Everett, Massachusetts, casino. The companies say the talks won't delay the Everett opening scheduled for next month.
- Associated Press•6 days ago
Business Highlights
A rare mix of geopolitical tensions in the Middle East and China is tugging oil prices in opposite directions and creating uncertainty over where they might land. Deteriorating trade talks between the United States and China have threatened to drive down the cost of oil and gasoline. WASHINGTON (AP) -- Caught in a sprawling trade dispute with U.S. rival China, President Donald Trump has decided against declaring commercial war on America's friends.
- Zacks•6 days ago
Wynn Resorts (WYNN) Up 24% in 6 Months: Will Growth Continue?
Wynn Resorts' (WYNN) focus on non-gaming business and strength in domestic market bode well.
- Barrons.com•8 days ago
4 Casino and Hotel Stocks That Can Beat the Trade War
Casino and hotel stocks have been among the recent trade-related casualties, although JPMorgan argues that much of the pain may be already baked into companies’ shares. With many of earnings reports in the sector coming since the end of April, when trade anxiety has been near its highest, investors may blame it for part of the declines. After all, tariffs are a real concern for casinos and hotels that rely on business and pleasure travel, which can fall out of favor if economies suffer from trade-related woes.
- Zacks•9 days ago
Boyd Gaming's YTD Shares Surge 36.5%: More Room for Growth?
Boyd Gaming (BYD) relies on expansion and acquisition to drive top-line growth while high debt level is a pressing concern.
- Zacks•9 days ago
Full-Blown Trade Spat: 5 Most-Vulnerable Sector ETFs & Stocks
Just a few days after the Trump administration lifted tariffs on $200 billion worth of Chinese goods from 10% to 25% on May 10, China announced a retaliatory move. This puts these sector ETFs and stocks vulnerable.
- Motley Fool•10 days ago
VIP Aren't Betting Like They Used to at Wynn Resorts
When you bet on the VIP market, it sometimes comes back to bite you.
- Barrons.com•12 days ago
Marriott International, Wynn Resorts, Will Pay Higher Dividends to Shareholders
The hotel company and the casino operator both disclosed plans to increase their dividends this past week.
- Associated Press•13 days ago
Symantec and Wynn decline while Zillow and Guardant rise
Stocks that moved substantially or traded heavily on Friday: Symantec Corp., down $2.78 to $19.39 The security software maker's CEO abruptly resigned and the company issued a weak profit forecast for the ...
- Investing.com•13 days ago
Stocks - Wall Street Ends Higher Amid Trade Confusion
Investing.com - Stocks ended higher Friday, as bullish trade comments from President Donald Trump lifted stocks. But more cautious comments from Treasury Secretary Steve Mnuchin about future trade talks kept a lid on gains.
Motley Fool•13 days agoStock Market News: Uber Gets in the Passing Lane; Will Wynn Boston Open on Time?
The stock market began Friday in the red once again as new tariffs took effect.
- Barrons.com•13 days ago
Wynn Stock Is Slumping Because Strong Earnings Aren’t Good Enough
The gaming giant’s first-quarter earnings were strong but the top line missed analyst estimates. Some bulls are wavering.
- Zacks•13 days ago
Wynn Resorts' (WYNN) Q1 Earnings & Revenues Top Estimates
Wynn Resorts' (WYNN) earnings decline in first-quarter 2019 can be attributed to decrease in operating income from Las Vegas operations and Wynn Macau.
Motley Fool•13 days agoWynn Resorts Ltd (WYNN) Q1 2019 Earnings Call Transcript
WYNN earnings call for the period ending March 31, 2019.
- MarketWatch•14 days ago
Wynn Resorts stock falls; Macau property's revenue down 15%
Shares of Wynn Resorts Ltd. fell nearly 4% in the extended session Thursday after the hotel and casino operator swung to a profit in the first quarter and reported operating revenues below expectations, including a 15% revenue decrease from its property in Macau, China. Wynn said it earned $104.9 million, or 98 cents a share, in the quarter, versus a loss of $204.3 million, or $1.99 a share, in the first quarter of 2018. Adjusted for one-time items, the company earned $172.6 million, or $1.61 a share, in the quarter, compared with $237 million, or $2.30 a share, a year ago. Operating revenue fell 4% to $1.65 billion in the quarter, compared with $1.72 billion a year ago. Analysts polled by FactSet had expected adjusted EPS of $1.59 on operating revenue of $1.67 billion. In the same press release, Wynn said it approved a cash dividend of $1 a share payable May 30 to shareholders of record May 22.
