Q2 EPS Estimates for Wynn Resorts Reduced by Seaport Res Ptn

Wynn Resorts, Limited (NASDAQ:WYNN) – Seaport Res Ptn decreased their Q2 2025 earnings per share (EPS) estimates for shares of Wynn Resorts in a research note issued to investors on Wednesday, May 7th. Seaport Res Ptn analyst V. Umansky now forecasts that the casino operator will post earnings per share of $1.34 for the quarter, down from their previous forecast of $1.38. 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 $4.78 EPS.

A number of other analysts have also issued reports on WYNN. Barclays reduced their target price on Wynn Resorts from $116.00 to $99.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Argus downgraded Wynn Resorts from a “buy” rating to a “hold” rating in a report on Wednesday, April 23rd. Citigroup raised shares of Wynn Resorts from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 7th. Mizuho cut their price objective on shares of Wynn Resorts from $132.00 to $122.00 and set an “outperform” rating on the stock in a research report on Thursday, May 8th. Finally, Stifel Nicolaus set a $113.00 price objective on Wynn Resorts in a report on Wednesday, May 7th. Three equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Wynn Resorts has an average rating of “Moderate Buy” and a consensus target price of $112.92.

Wynn Resorts Price Performance

WYNN stock opened at $96.79 on Monday. The company’s 50 day simple moving average is $80.91 and its 200-day simple moving average is $85.77. Wynn Resorts has a 52-week low of $65.25 and a 52-week high of $107.81. The firm has a market capitalization of $10.12 billion, a P/E ratio of 22.99, a P/E/G ratio of 2.35 and a beta of 1.33.

Wynn Resorts (NASDAQ:WYNN) last issued its quarterly earnings results on Tuesday, May 6th. The casino operator reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.17). Wynn Resorts had a negative return on equity of 71.17% and a net margin of 7.03%. The company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.74 billion. During the same period in the prior year, the business posted $1.59 EPS. The company’s revenue for the quarter was down 8.7% compared to the same quarter last year.

Wynn Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.00 annualized dividend and a yield of 1.03%. Wynn Resorts’s dividend payout ratio (DPR) is presently 27.78%.

Insider Activity at Wynn Resorts

In related news, major shareholder Tilman J. Fertitta bought 100,000 shares of Wynn Resorts stock in a transaction dated Monday, April 7th. The shares were bought at an average cost of $67.62 per share, with a total value of $6,762,000.00. Following the acquisition, the insider now owns 13,000,000 shares in the company, valued at $879,060,000. This trade represents a 0.78% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Philip G. Satre bought 22,200 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was purchased at an average cost of $92.18 per share, for a total transaction of $2,046,396.00. Following the completion of the acquisition, the director now owns 34,195 shares in the company, valued at approximately $3,152,095.10. This trade represents a 185.08% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 438,700 shares of company stock valued at $31,300,943. Insiders own 0.52% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. State of Tennessee Department of Treasury boosted its position in Wynn Resorts by 73.0% in the fourth quarter. State of Tennessee Department of Treasury now owns 23,791 shares of the casino operator’s stock valued at $2,050,000 after buying an additional 10,041 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of Wynn Resorts by 190.9% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 19,798 shares of the casino operator’s stock worth $1,706,000 after acquiring an additional 12,993 shares during the period. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Wynn Resorts during the fourth quarter worth $2,296,000. Brandywine Global Investment Management LLC bought a new position in shares of Wynn Resorts in the 4th quarter worth about $5,216,000. Finally, Alliancebernstein L.P. increased its stake in shares of Wynn Resorts by 12.4% in the 4th quarter. Alliancebernstein L.P. now owns 122,760 shares of the casino operator’s stock valued at $10,577,000 after acquiring an additional 13,553 shares in the last quarter. 88.64% of the stock is owned by institutional investors.

About Wynn Resorts

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.