|Bid||121.05 x 1100|
|Ask||121.15 x 800|
|Day's Range||120.50 - 122.93|
|52 Week Range||90.06 - 176.73|
|Beta (3Y Monthly)||1.69|
|PE Ratio (TTM)||14.88|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||4.00 (3.28%)|
|1y Target Est||144.13|
The On-Balance-Volume (OBV) line is declining from April and suggests that sellers are more aggressive again. The Moving Average Convergence Divergence (MACD) oscillator is below the zero line and has only managed a cover shorts signal this month. The weekly OBV line is neutral and the MACD oscillator moved to an outright sell signal.
The head of the legislature in Macau, the world's biggest gambling hub, formally declared his candidacy on Tuesday in the race to run the Chinese-controlled territory for the next five years. The political leader Macau chooses in the elections set for Aug. 25 will work with mainland authorities and be instrumental in the award of new casino licenses, a process closely watched by industry officials and investors. Ho Iat Seng, the main contender in the elections to pick Macau's chief executive, is Beijing's favoured candidate, industry experts say, and has won the public backing of the enclave's political elite.
On Thursday morning around 10:54 a.m., Benzinga Pro subscribers were alerted to a purchase of 500 Wynn Resorts, Limited (NASDAQ: WYNN) put options at a $117 strike price that expire on Friday. At around 11:28 a.m., a trader sold 3,000 MGM Resorts International (NYSE: MGM) call options at a $28 strike price that expire on June 21. Due to the relative complexity of the options market, options traders are generally seen as more sophisticated than the typical stock trader.
Wynn Resorts, Limited announced today that it will hold an Investor Day on Wednesday, July 10, 2019. The event will be held at the Company’s new Encore Boston Harbor property, which is scheduled to open on Sunday, June 23, 2019.
NEW YORK , June 12, 2019 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City , is investigating whether certain officers and directors of Wynn Resorts, ...
The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the first quarter, which unveil their equity positions as of March 31. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]
Casino stocks were rising across the board Monday following a cautiously bullish note on the gaming sector from Jefferies analyst David Katz. "We expect there should be progress in the coming weeks, which would shift the market's perspective on Macau and on WYNN and LVS.
Wynn Resorts Ltd NASDAQ/NGS:WYNNView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for WYNN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding WYNN totaled $12.40 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Top officials at Encore Boston Harbor, the $2.6 billion resort casino opening June 23, are hoping most of their 5,500 service and hospitality employees take shuttles, ferry boats and public transit — anything besides a car — to and from work. But the company is taking an additional step.
Wynn (WYNN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Investing.com - Stocks surged Tuesday in their biggest one-day rally since January after Federal Reserve Chairman Jerome Powell said the central bank stood ready to support the domestic economy if trade wars get too crazy.
Macau is considering launching a yuan-based stock market to help it diversify away from gaming, its main source of revenue, and align the territory more with China's growth plans for the Greater Bay Area in the country's southern region. Macau's Monetary Authority told Reuters in an email that it was starting feasibility studies for a securities market, including a stock market which would "leverage Macau's advantage to serve the country's need," compared with established centres Hong Kong and Shenzhen. Beijing is pushing for the special administrative region of Macau to become an international tourism destination as well as a platform for trade and business between Portuguese speaking countries and China.
Gambling revenue in the Chinese territory of Macau hit a five-month high in May, although softer demand from high rollers amid a slowdown in the world's No.2 economy and a Sino-U.S. trade war continued to keep a lid on gains. Revenue was 25.95 billion patacas ($3.21 billion), the highest this year, Macau's Gaming Inspection and Coordination said on Saturday, versus 25.5 billion patacas a year ago and also up from April's monthly haul of 23.6 billion patacas. As the special administrative region marks 20 years since its handover from Portuguese rule, slower mainland economic growth, a weaker yuan and a simmering trade war threaten to derail growth.
HONG KONG/BENGALURU (Reuters) - Melco Resorts & Entertainment will buy a 20% stake in Australia's Crown Resorts from casino mogul James Packer for A$1.76 billion ($1.22 billion), the U.S. company said, months after Wynn Resorts withdrew an offer to buy Crown. The deal presents a great opportunity for Melco, Chief Executive Lawrence Ho told Reuters, as the operator of casinos across Asia, including in Macau and the Philippines, eyes further expansion. Crown's proposed deal with Wynn, the world's No. 2 casino operator, fell through in early April after details were leaked to the media, denying Packer a huge payout as he continues his withdrawal from business life because of mental health issues.
Canada Goose, Intel, Soliton, Bed Bath & Beyond and Wynn Resorts are the companies to watch.
said late Tuesday that it will not appeal a massive fine levied on the casino company related to the handling of sexual misconduct claims, and that it made good on its payment the same day. The resort was ordered by the Massachusetts Gaming Commission last month to pay a $35 million fine and abide a series of license conditions, including taking on an independent monitor. Chief Executive Matthew Maddox was also told to pay a half million dollar fine, though he was found "suitable" to keep his job.
The company’s board of directors said the company on Tuesday paid the state a $35 million fine as well as $500,000 assessed to CEO Matthew Maddox ahead of Friday’s deadline to pay the fines or appeal.