Zacks Research Decreases Earnings Estimates for Wynn Resorts

Wynn Resorts, Limited (NASDAQ:WYNN) – Zacks Research decreased their Q3 2026 earnings per share (EPS) estimates for Wynn Resorts in a research note issued to investors on Thursday, May 28th. Zacks Research analyst Team now anticipates that the casino operator will post earnings per share of $0.77 for the quarter, down from their prior forecast of $1.05. The consensus estimate for Wynn Resorts’ current full-year earnings is $4.68 per share. Zacks Research also issued estimates for Wynn Resorts’ Q2 2027 earnings at $1.08 EPS, Q3 2027 earnings at $1.16 EPS, Q4 2027 earnings at $1.38 EPS, FY2027 earnings at $4.92 EPS and FY2028 earnings at $5.75 EPS.

A number of other equities analysts have also commented on the company. Stifel Nicolaus cut their price target on Wynn Resorts from $160.00 to $150.00 and set a “buy” rating for the company in a report on Friday, February 13th. Mizuho dropped their price objective on Wynn Resorts from $134.00 to $133.00 and set an “outperform” rating for the company in a research note on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $137.00 price objective on shares of Wynn Resorts in a research note on Friday, May 8th. UBS Group reissued a “buy” rating on shares of Wynn Resorts in a report on Monday, February 23rd. Finally, Susquehanna decreased their price target on shares of Wynn Resorts from $133.00 to $127.00 and set a “positive” rating on the stock in a report on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $140.00.

Wynn Resorts Price Performance

NASDAQ:WYNN opened at $101.22 on Monday. Wynn Resorts has a 1 year low of $82.63 and a 1 year high of $134.72. The business has a fifty day simple moving average of $102.12 and a two-hundred day simple moving average of $111.57. The company has a market capitalization of $10.51 billion, a P/E ratio of 30.22, a P/E/G ratio of 0.93 and a beta of 0.98.

Wynn Resorts (NASDAQ:WYNN) last released its earnings results on Thursday, May 7th. The casino operator reported $1.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.07. Wynn Resorts had a negative return on equity of 42.03% and a net margin of 5.14%.The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period last year, the business posted $1.07 earnings per share. The business’s revenue for the quarter was up 9.2% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. MUFG Securities EMEA plc bought a new stake in shares of Wynn Resorts during the 2nd quarter valued at about $25,000. Hantz Financial Services Inc. boosted its stake in Wynn Resorts by 54.9% in the 4th quarter. Hantz Financial Services Inc. now owns 251 shares of the casino operator’s stock worth $30,000 after purchasing an additional 89 shares in the last quarter. Cromwell Holdings LLC boosted its stake in Wynn Resorts by 68.2% in the 4th quarter. Cromwell Holdings LLC now owns 254 shares of the casino operator’s stock worth $31,000 after purchasing an additional 103 shares in the last quarter. SHP Wealth Management bought a new position in Wynn Resorts in the 4th quarter worth about $32,000. Finally, Geneos Wealth Management Inc. boosted its stake in Wynn Resorts by 69.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 382 shares of the casino operator’s stock worth $32,000 after purchasing an additional 156 shares in the last quarter. 88.64% of the stock is owned by hedge funds and other institutional investors.

Wynn Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Monday, May 18th. Wynn Resorts’s payout ratio is currently 29.85%.

Wynn Resorts Company Profile

Wynn Resorts, Limited (NASDAQ: WYNN) is a global developer and operator of luxury resorts and casinos, renowned for its premium hospitality offerings and integrated entertainment experiences. The company specializes in high-end hotel accommodations, gaming operations, fine dining restaurants, retail outlets, meeting and convention spaces, and live entertainment venues. Its properties are designed to cater to both leisure and business travelers seeking upscale environments and world-class service.

Founded in 2002 by hospitality entrepreneur Steve Wynn, the company opened its flagship property, Wynn Las Vegas, on the Las Vegas Strip in 2005, followed by Encore Las Vegas in 2008.