WYNN - Wynn Resorts, Limited
135.80 +0.07 (0.05%)
After hours: 6:15PM EDT
| Previous Close | 132.97 |
| Open | 133.89 |
| Bid | 135.40 x 1100 |
| Ask | 135.97 x 800 |
| Day's Range | 133.40 - 137.45 |
| 52 Week Range | 126.96 - 203.63 |
| Volume | 1,810,974 |
| Avg. Volume | 2,583,584 |
| Market Cap | 14.746B |
| Beta | 1.33 |
| PE Ratio (TTM) | 27.03 |
| EPS (TTM) | 5.02 |
| Earnings Date | Oct 24, 2018 - Oct 29, 2018 |
| Forward Dividend & Yield | 3.00 (2.22%) |
| Ex-Dividend Date | 2018-08-15 |
| 1y Target Est | 183.00 |
- CNBC Videos•12 days ago
Final Trade: WYNN, BOX & more
The "Fast Money" traders share their final trades of the day, including Wynn Resorts, Box, Home Depot and Medtronic.
- Bloomberg•yesterday
Wynn Resorts Sued Over Claim It Rigged Boston Casino Bid
Wynn Resorts Ltd. and its former chief executive, Steve Wynn, were sued by a Massachusetts racetrack operator for allegedly rigging the application process to win a license to run the Boston area’s only casino. In the lawsuit, filed late Monday, Sterling Suffolk Racecourse claims that construction of the casino at its Suffolk Downs location, as proposed by its partner, Mohegan Sun Casino, would’ve increased the value of the racetrack location. The racetrack operator accused Wynn Resorts of violations of the federal Racketeer Influenced Corrupt Organization Act and seeks more than $1 billion in damages.
Associated Press•yesterdayLawsuit alleges Wynn cheated to win casino license
BOSTON (AP) — Casino mogul Steve Wynn and the company he founded lied and covered up misconduct to dupe Massachusetts into granting a license for a $2 billion casino, a former rival alleges in a federal lawsuit.
- American City Business Journals•yesterday
Suffolk Downs operator sues Wynn for $3B over casino bid
The suit is being brought under the Racketeer Influenced and Corrupt Organizations Act, a federal law that the government often uses against organized criminal gangs.
InvestorPlace•2 days ago3 Low-Risk Short Selling Trades for Bears
With U.S. indexes a stone’s throw from record heights, you may be wondering why you should even fuss with short selling stocks. Isolated pockets of weakness provide opportunity for options trading with a bearish tilt. Second, adding bearish trades to a bullish portfolio is a smart way to reduce risk and smooth out what would otherwise be a volatile equity curve.
- CorpGov.com•8 days ago
Top Activism Attorney: Pendulum Has Swung Back to Boards Since Starboard Dominated Darden
Kai Liekefett, Leader of Shareholder Activism at Sidley Austin When Starboard Value shocked corporate America by winning all 12 board seats at Darden Restaurants in a 2014 proxy fight, other companies were spooked into conceding seats to avoid embarrassment. But since then, companies have been less likely to give up seats as big shareholders took […]
- Market Exclusive•3 days ago
Market Morning: Kaepernick to Nike for TD, China Tantrum, Teva Headache Abates, Macau Typhooned
Nike Feeds Off Trump Spite Nike’s (NYSE:NKE) advertising campaign featuring Kneeler-In-Chief former NFL quarterback Colin Kaepernick continues to pay dividends, or in this case capital gains, to Nike shareholders, as shares continue to reach new highs. The risky move has paid off, probably from capitalizing on the wave of anti Trump sentiment, who singled out […] The post Market Morning: Kaepernick to Nike for TD, China Tantrum, Teva Headache Abates, Macau Typhooned appeared first on Market Exclusive.
- InvestorPlace•6 days ago
China Slowdown Creates an Opportunity in Gambling Stocks
With China feeling the effects of a trade dispute, its stocks have fallen. The gambling situation in China parallels that of America in the latter 20th century when only Nevada and New Jersey permitted gambling. In China, gambling is only legal in Macau, the former Portuguese colony that now functions as a Special Administrative Region of China.
- American City Business Journals•6 days ago
Wynn investigation in final stages, Mass. gambling regulators say
“It’s a mantra we’ve used at the commission for six and a half years: it’s more important to get this right than to get this fast,” said Massachusetts Gaming Commission Chairman Stephen Crosby said Thursday.
InvestorPlace•7 days agoWynn Stock Should Be Attractive, but It’s Still a Falling Knife
The economy has been in slow-but-sure recovery over the past several years, but is finally starting to hit the gas. The U.S. is leading the way and now the economy is doing the best it has in years. You’d think that would mean good things for Wynn Resorts (NYSE:WYNN), Wynn stock and other casino names.
- IPO-Edge.com•8 days ago
Top Activism Attorney: Pendulum Has Swung Back to Boards Since Starboard Dominated Darden
Kai Liekefett, Leader of Shareholder Activism at Sidley Austin When Starboard Value shocked corporate America by winning all 12 board seats at Darden Restaurants in a 2014 proxy fight, other companies were spooked into conceding seats to avoid embarrassment. But since then, companies have been less likely to give up seats as big shareholders took […]
- CNBC•9 days ago
Your first trade for Tuesday, Sept 11
The "Fast Money" traders share their first moves for the market open.
Markit•9 days agoSee what the IHS Markit Score report has to say about Wynn Resorts Ltd.
Wynn Resorts Ltd NASDAQ/NGS:WYNN
- TheStreet.com•9 days ago
Wynn Rallies as Analysts Frown on Macau Naysayers
operating fundamentals and current investor sentiment and are betting the shares are a contrarian layup. "With the stock ~$128 and down sizably from ~$200 in late May, we see considerable amount of Macau/China/trade tension/EM risks baked in the current valuation multiple of 11x current year EV/EBITDA (adjusting for construction in progress) and thus see a considerable amount of value here," Joseph Greff and a JPMorgan analyst team told investors on Monday. Greff met with Wynn executives recently and said they seemed sanguine about prospects at their Macau operations, a constant source of investor speculation.
- InvestorPlace•9 days ago
Asia Growth and Dividends Make Las Vegas Sands Stock a Great Bet
The world’s largest casino company has not built a new casino since it completed its 6th casino in China in 2016. Now, Las Vegas Sands stock finds itself in decline as a U.S.-China trade war concerns its investors. Contrary to the name, most of its revenue no longer comes from Las Vegas or even other American gambling meccas.
- MarketWatch•10 days ago
Wynn Resorts stock rallies after J.P. Morgan sees 'buying opportunity'
Shares of Wynn Resorts Ltd. rallied 1.4% in premarket trade Monday, after J.P. Morgan analyst Joseph Greff reiterated his overweight rating on the casino operator, saying he views the recent weakness as a buying opportunity. He also kept his price target at $191, which is 49% above Friday's closing price of $128.38. The stock rose 0.4% on Friday after tumbling 14% over the previous five sessions to close Thursday at a 13-month low. After hosting investor meetings with Wynn Chief Financial Officer Craig Billings, Greff said there appears to be a "disconnect" between fundamentals and current investor sentiment, which is extremely negative on Macau and the Las Vegas strip. "While there was nothing incrementally new/positive coming out of these meetings, there was, importantly, also nothing incrementally negative on Macau or LV Strip operating trends," Greff wrote in a note to clients. The stock has tumbled 24% year to date through Friday, while the S&P 500 has gained 7.4%.
- Motley Fool•10 days ago
3 Surprisingly Strong Dividend Stocks
The best way to win money in Vegas isn't casinos -- it's dividends.
- ACCESSWIRE•13 days ago
Today’s Research Reports on Stocks to Watch: Wynn Resorts and MGM Resorts
NEW YORK, NY / ACCESSWIRE / September 7, 2018 / Casino stocks Wynn Resorts and MGM Resorts took a tumble on Thursday. While there was no news from MGM Resorts, it was concern over Wynn Resorts potentially selling its Encore Boston Harbor resort again, that sent shares down almost 9%. Wynn Resorts, Limited shares were down nearly 9% in Thursday trading and hit a new low of $127.33.
- Motley Fool•13 days ago
Why Micron Technology, Twitter, and Wynn Resorts Slumped Today
Find out which of these stocks came under the most pressure.
- Investor's Business Daily•13 days ago
Etsy, Apple Cool Off More As These 5 Industry Groups Weigh On Nasdaq
Apple and chip equipment stocks helped pace another significant drop for the Nasdaq. Fiber-optic, biotech and gaming shares also tanked.
- Motley Fool•14 days ago
Encore Boston Harbor Might Be on the Auction Block Again
Wynn Resorts needs to consider any good offer for its Boston property.
- InvestorPlace•14 days ago
4 Casino Stocks That Are Roaring Higher
As goes Macau, so goes casino stocks. That has been the trend this decade for casinos with any exposure to Macau, which is considered by many to be Asia’s far-bigger version of Las Vegas. When things in Macau are going well, casino stocks are in rally mode. When things in Macau aren’t going well, casino stocks struggle.
GuruFocus.com•15 days ago5 Stocks With Low Price-Book Ratios
The stock price is stable when compared to 12 months ago and is currently 29.41% below its 52-week high and 4.08% above its 52-week low. Warning! GuruFocus has detected 3 Warning Signs with WYNN. The company, which operates a string of high-end hotels and casinos, has a market cap of $16.12 billion and an enterprise value of $23.03 billion.
- Barrons.com•15 days ago
Hedge Fund Takes Big Stake in Wynn Resorts
Melvin Capital Management has taken a 5.13% stake in Wynn Resorts (WYNN), the hedge fund disclosed in a Friday filing with the Securities and Exchange Commission. Melvin Capital, helmed by SAC Capital alum Gabriel Plotkin, now owns 1.9 million shares of the casino and lodging firm and call options representing another 3.9 million shares. As of June 30, the fund owned only 550,000 Wynn shares, which means that in July and August it bought 1.34 million more shares and those call options.
GuruFocus.com•15 days agoIs It Time to Buy Blue-Chip Casino Stocks?
Top casinos and resorts stocks Wynn Resorts Ltd. (WYNN) and Las Vegas Sands Corp. (LVS) have plunged recently after a U.S. Supreme court ruling in May was perceived to have paved the way for legalized sports betting countrywide. As such, gambling revenues of casino stocks like Wynn Resorts and Las Vegas Sands would have been greatly affected because countrywide legalization would open up opportunities for more players including new startups to join the market. Warning! GuruFocus has detected 3 Warning Signs with WYNN.
