CWN.AX - Crown Resorts Limited

ASX - ASX Delayed Price. Currency in AUD
14.37
+0.18 (+1.27%)
At close: 4:10PM AEST
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Previous Close14.19
Open14.25
Bid14.06 x 0
Ask14.38 x 0
Day's Range14.22 - 14.58
52 Week Range10.80 - 14.59
Volume1,468,885
Avg. Volume1,330,352
Market Cap9.878B
Beta1.38
PE Ratio (TTM)5.81
EPS (TTM)2.47
Earnings DateFeb 21, 2018 - Feb 26, 2018
Forward Dividend & Yield0.60 (4.45%)
Ex-Dividend Date2018-03-20
1y Target Est13.89
  • The Wall Street Journal5 days ago

    [$$] A Fight at the Opera: Casino Battle in the Cards Over Iconic View

    SYDNEY—An Australian casino company is suing the government to protect a valuable asset: views of the iconic Sydney Opera House and Harbour Bridge. Crown Resorts Ltd. is suing because it is concerned planned buildings near its casino-and-resort complex, which itself is currently under construction and expected to be some 75 stories tall, could obscure the expansive views that are a big selling point for multimillion-dollar apartments in Crown’s building. Australia’s multiyear property boom could be coming to an end.

  • Who Are The Top Investors In Crown Resorts Limited (ASX:CWN)?
    Simply Wall St.5 days ago

    Who Are The Top Investors In Crown Resorts Limited (ASX:CWN)?

    In this article, I’m going to take a look at Crown Resorts Limited’s (ASX:CWN) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject amongRead More...

  • Crown Resorts' Australian tax dispute headed for court challenge
    Reuters20 days ago

    Crown Resorts' Australian tax dispute headed for court challenge

    Casino operator Crown Resorts Ltd's (CWN.AX) dispute over a A$362 million ($270 million) tax bill is scheduled to be heard in an Australian court next month, legal filings show, after the tax office refused leniency. The amount, which is 5 percent more than Crown's normalized 2017 net profit, comprises back taxes and penalties. It was levied on the company, 46-percent owned by billionaire James Packer, because the tax office disputes the firm's treatment of unsuccessful investments in Las Vegas between 2009 and 2014.

  • Billionaire James Packer quits 22 boards, deepens corporate withdrawal
    Reuters26 days ago

    Billionaire James Packer quits 22 boards, deepens corporate withdrawal

    Billionaire James Packer has resigned 22 Australian company directorships in the last few weeks and no longer holds any board seat in his home country, corporate records show, signalling his almost full retreat from public business life. The major shareholder of casino operator Crown Resorts Ltd cited mental illness as the reason for his quitting that firm's board in March, following a tumultuous period in his life, which included a break-up with singer Mariah Carey and the failure of Crown's expansion strategy. Packer, whose net worth is estimated by Forbes at $4.1 billion, has quit 24 Australian company boards this year.

  • Billionaire James Packer quits 22 boards, deepens corporate withdrawal
    Reuters26 days ago

    Billionaire James Packer quits 22 boards, deepens corporate withdrawal

    Billionaire James Packer has resigned 22 Australian company directorships in the last few weeks and no longer holds any board seat in his home country, corporate records show, signaling his almost full retreat from public business life. The major shareholder of casino operator Crown Resorts Ltd (CWN.AX) cited mental illness as the reason for his quitting that firm's board in March, following a tumultuous period in his life, which included a break-up with singer Mariah Carey and the failure of Crown's expansion strategy. Packer, whose net worth is estimated by Forbes at $4.1 billion, has quit 24 Australian company boards this year.

  • Reuterslast month

    Australian billionaire James Packer quits own company amid illness

    Australian billionaire James Packer has quit the board of his private company Consolidated Press Holdings (CPH), a spokesman said on Monday, four months after he left the board of casino operator Crown Resorts Ltd citing mental illness. Packer, 50, "has stepped off the CPH Board as he continues his recovery from illness", a spokesman for Consolidated Press Holdings said in an email. The exit appears to complete Packer's winding down from day-to-day corporate responsibilities following a tumultuous period.

  • James Packer Quits Board of Own Company to Recover From Illness
    Bloomberglast month

    James Packer Quits Board of Own Company to Recover From Illness

    Billionaire James Packer stepped down as a director of his private investment company, three months after quitting the board of his casino operator Crown Resorts Ltd. because of mental health issues. The 50-year-old resigned from closely held Consolidated Press Holdings Pty on June 27, according to a notice lodged with the Australian Securities & Investments Commission. Consolidated Press owns about 46 percent of Crown Resorts, according to Bloomberg data.

  • Is Crown Resorts Limited’s (ASX:CWN) PE Ratio A Signal To Buy For Investors?
    Simply Wall St.2 months ago

    Is Crown Resorts Limited’s (ASX:CWN) PE Ratio A Signal To Buy For Investors?

    This article is intended for those of you who are at the beginning of your investing journey and want to better understand how you can grow your money by investingRead More...

  • Should Crown Resorts Limited (ASX:CWN) Be Your Next Stock Pick?
    Simply Wall St.2 months ago

    Should Crown Resorts Limited (ASX:CWN) Be Your Next Stock Pick?

    I’ve been keeping an eye on Crown Resorts Limited (ASX:CWN) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believeRead More...

  • What Is Crown Resorts Limited’s (ASX:CWN) Share Price Doing?
    Simply Wall St.2 months ago

    What Is Crown Resorts Limited’s (ASX:CWN) Share Price Doing?

    Crown Resorts Limited (ASX:CWN), a hospitality company based in Australia, maintained its current share price over the past couple of month on the ASX, with a relatively tight range ofRead More...

  • Should You Buy Crown Resorts Limited (ASX:CWN) At This PE Ratio?
    Simply Wall St.3 months ago

    Should You Buy Crown Resorts Limited (ASX:CWN) At This PE Ratio?

    Crown Resorts Limited (ASX:CWN) is trading with a trailing P/E of 5.5x, which is lower than the industry average of 26x. Although some investors may jump to the conclusion thatRead More...

  • What To Know Before Buying Crown Resorts Limited (ASX:CWN) For Its Dividend
    Simply Wall St.4 months ago

    What To Know Before Buying Crown Resorts Limited (ASX:CWN) For Its Dividend

    A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Over the past 10 years, Crown ResortsRead More...

  • Is Crown Resorts Limited (ASX:CWN) As Strong As Its Balance Sheet Indicates?
    Simply Wall St.4 months ago

    Is Crown Resorts Limited (ASX:CWN) As Strong As Its Balance Sheet Indicates?

    Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Crown Resorts Limited (ASX:CWN), with a market cap of AU$8.75B, often getRead More...

  • Reuters4 months ago

    Australia's Packer to play safe by keeping Crown listed, and stable - sources

    When James Packer first quit the board of Australia's Crown Resorts Ltd (CWN.AX) in 2015, the world No. 7 casino company he built from his late father's media empire, he did it three days after revealing he had considered taking the company private. For one, sources said Packer, 50, was reluctant to borrow to buy the 54 percent of Crown he does not already own. "It would be another A$5 billion (£2.7 billion) or A$6 billion and that's a hell of a lot of money," said a fund manager who sold Crown shares just before Packer stepped aside on March 21.

  • Reuters4 months ago

    Australia's Packer to play safe by keeping Crown listed, and stable - sources

    When James Packer first quit the board of Australia's Crown Resorts Ltd in 2015, the world No. 7 casino company he built from his late father's media empire, he did it three days after revealing he had considered taking the company private. For one, sources said Packer, 50, was reluctant to borrow to buy the 54 percent of Crown he does not already own.

  • Reuters5 months ago

    Australian casino boss Packer quits Crown board due to mental illness

    SYDNEY/HONG KONG (Reuters) - Australian billionaire James Packer has quit the board of casino operator Crown Resorts Ltd (CWN.AX) due to mental illness, following a tumultuous period including a break-up with singer Mariah Carey and the failure of Crown's expansion strategy. The unexpected departure by the 47-percent owner of Crown comes as the world's seventh-largest listed casino company tries to rebuild after the arrest of 18 staff in China in 2016 triggered a global pull-back. "Mr Packer is suffering from mental health issues.

  • Reuters5 months ago

    PRESS DIGEST- New York Times business news - March 21

    The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - The fatal accident involving an autonomous vehicle ...

  • Crown Resorts' Packer Quits for 'Personal Reasons'
    Bloomberg5 months ago

    Crown Resorts' Packer Quits for 'Personal Reasons'

    Billionaire James Packer resigned as a director of Crown Resorts Ltd. as he battles mental health issues. Bloomberg's Angus Whitley reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

  • CNW Group6 months ago

    The Stars Group Acquires Majority Interest in CrownBet

    The Stars Group Acquires Majority Interest in CrownBet

  • Thomson Reuters StreetEvents6 months ago

    Edited Transcript of CWN.AX earnings conference call or presentation 22-Feb-18 1:00am GMT

    Half Year 2018 Crown Resorts Ltd Earnings Call

  • Is There Now An Opportunity In Crown Resorts Limited (ASX:CWN)?
    Simply Wall St.7 months ago

    Is There Now An Opportunity In Crown Resorts Limited (ASX:CWN)?

    Crown Resorts Limited (ASX:CWN), a hospitality company based in Australia, saw a decent share price growth in the teens level on the ASX over the last few months. As aRead More...

  • Reuters7 months ago

    UPDATE 1-Australia's Crown Resorts signs several deals to cut debt

    Australian casino operator Crown Resorts said on Thursday it had signed several deals to divest assets to cut debt, including selling interest in a site on the Las Vegas Boulevard for $300 million. Crown Resorts has been retreating from a decade-long foray into Macau, the other big global gaming hub, amid a broader Chinese crackdown on corruption. In May, it quit its remaining stake in Macau-focused Melco Resorts and Entertainment, freeing up cash to pay off debts.

  • Reuters8 months ago

    Shareholders sue Australia's Crown Resorts over China marketing

    Australian casino operator Crown Resorts Ltd (CWN.AX) was slapped with a class action lawsuit on Monday for allegedly failing to inform shareholders of a marketing campaign in China that resulted in staff arrests and a slump in the share price. The company part-owned by billionaire businessman James Packer said it would defend itself against the allegations contained in the suit, filed on behalf of shareholders who invested between Feb. 6, 2015 and Oct. 16, 2016. On Oct. 17, 2016, Crown shares fell almost 14 percent on the news that almost 20 employees had been arrested in China for marketing gambling trips to Macau.