News articles about Wynn Resorts, Limited (NASDAQ:WYNN) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Wynn Resorts, Limited earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media coverage about the casino operator an impact score of 45.2742314533449 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Exclusive: Billionaire founder fights back for control of Japan’s Universal (businessinsider.com)
- Technical Snapshots for These Resorts & Casinos Stocks — Wynn Resorts, Boyd Gaming, Carnival, and Hilton Grand Vacations (prnewswire.com)
- Wynn Macau : to Raise US$1.35 Billion From Selling Two Notes (4-traders.com)
- Revival of Active Stocks to Gainer: Wynn Resorts, Limited (NASDAQ:WYNN) – NASDAQ Times (nasdaqtimes.com)
- Technical Snapshots for These Resorts & Casinos Stocks — Wynn … – Markets Insider (markets.businessinsider.com)
A number of research analysts recently weighed in on WYNN shares. UBS AG reaffirmed a “buy” rating on shares of Wynn Resorts, Limited in a research note on Monday, July 10th. Vetr raised shares of Wynn Resorts, Limited from a “hold” rating to a “buy” rating and set a $140.28 price target on the stock in a research note on Thursday, June 29th. BidaskClub raised shares of Wynn Resorts, Limited from a “hold” rating to a “buy” rating in a research note on Friday, June 16th. Deutsche Bank AG raised shares of Wynn Resorts, Limited from a “hold” rating to a “buy” rating and raised their price target for the company from $138.00 to $150.00 in a research note on Tuesday, August 15th. Finally, Union Gaming Research reaffirmed a “hold” rating on shares of Wynn Resorts, Limited in a research note on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $128.28.
Wynn Resorts, Limited (NASDAQ WYNN) opened at 143.22 on Friday. Wynn Resorts, Limited has a 52-week low of $82.51 and a 52-week high of $147.50. The stock has a market cap of $14.60 billion, a PE ratio of 53.60 and a beta of 1.69. The company’s 50 day moving average is $135.48 and its 200-day moving average is $125.93.
Wynn Resorts, Limited (NASDAQ:WYNN) last released its quarterly earnings data on Tuesday, July 25th. The casino operator reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.02. Wynn Resorts, Limited had a net margin of 5.02% and a return on equity of 165.77%. The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the prior year, the business earned $1.07 earnings per share. The business’s quarterly revenue was up 44.5% compared to the same quarter last year. On average, equities analysts anticipate that Wynn Resorts, Limited will post $4.90 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, August 22nd. Stockholders of record on Thursday, August 10th were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, August 8th. This represents a $2.00 annualized dividend and a dividend yield of 1.40%. Wynn Resorts, Limited’s dividend payout ratio (DPR) is presently 74.91%.
In other Wynn Resorts, Limited news, Director Clark T. Jr. Randt sold 3,000 shares of the stock in a transaction on Monday, July 31st. The shares were sold at an average price of $129.00, for a total transaction of $387,000.00. Following the transaction, the director now directly owns 7,711 shares in the company, valued at approximately $994,719. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 13.20% of the stock is currently owned by corporate insiders.
Wynn Resorts, Limited Company Profile
Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes. The Company’s segments include Macau Operations and Las Vegas Operations.
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