WYNN - Wynn Resorts, Limited
| Previous Close | 116.60 |
| Open | 114.96 |
| Bid | 90.01 x 800 |
| Ask | 114.50 x 1100 |
| Day's Range | 112.62 - 115.20 |
| 52 Week Range | 90.06 - 151.50 |
| Volume | 3,400,293 |
| Avg. Volume | 2,052,262 |
| Market Cap | 12.261B |
| Beta (3Y Monthly) | 1.79 |
| PE Ratio (TTM) | 15.00 |
| EPS (TTM) | 7.60 |
| Earnings Date | Nov 5, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | 4.00 (3.43%) |
| Ex-Dividend Date | 2019-08-15 |
| 1y Target Est | 135.06 |
- Yahoo Finance Video
Marriott banning small shampoo bottles by 2020
Hotel giant Marriott is looking to conserve its plastic use by banning tiny shampoo, conditioner, and body wash bottles from all of its locations by December of 2020. Yahoo Finance's Zack Guzman and Heidi Chung are joined by Ben Kissel, radio show host and podcaster, to discuss.
- ETF Database
Invesco Launches Two Corporate Bond ETFs
Invesco launched two new ETF entries as a part of their BulletShares suite on Thursday, Sept. 12. The Invesco BulletShares 2027 High Yield Corporate Bond ETF and the Invesco BulletShares 2029 Corporate Bond ETF (BSCT n/a) have now found their way to the NYSE.
- American City Business Journals
MGM Springfield’s first-year gaming revenue was $144M below projections
MGM Springfield’s gambling revenue was up 2.7% in August compared to July, but figures released by the Massachusetts Gaming Commission show the casino continues to fall well short of projections.
- GuruFocus.com
Wynn Resorts (WYNN) CEO Matt Maddox Sold $2.9 million of Shares
CEO of Wynn Resorts (30-Year Financial, Insider Trades) Matt Maddox (insider trades) sold 25,000 shares of WYNN on 09/12/2019 at an average price of $117.3 a share. Continue reading...
- Schaeffer's Investment Research
WYNN Stock's Recent Rally Could Be Short Lived
The historically bearish 200-day moving average just entered the picture for WYNN
- InvestorPlace
3 Big Stock Charts for Friday: Electronic Arts, Centurylink and Wynn Resorts
The market didn't end yesterday's session at its high, but the 0.29% gain the S&P 500 was able to hang onto still translates into the third-straight winner. The Dow Jones Industrial Average logged its seventh consecutive win, with both indices still buoyed by renewed hopes that trade ties with China are on the verge of improving.Source: Shutterstock Overstock.com (NASDAQ:OSTK) led the charge with its 17% advance. Shares of the e-commerce platform continued the rally spurred by an upgrade from D.A. Davidson tendered earlier this week. Advanced Micro Devices (NASDAQ:AMD) offered up a meaningful helping hand too, gaining 1.5% because it's one of the more pronounced beneficiaries of a more accommodating trade environment.Holding the market back more than any other was Oracle (NYSE:ORCL), down 4.3% in response to last quarter's lackluster revenue growth, which was underscored by the announcement that Co-CEO Mark Hurd will be taking medical leave to attend to an unnamed health-related matter.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Big IPO Stocks From 2019 to Watch None of those names are particularly well-suited trading prospects headed into today's action, however. Instead, take a look at the stock charts of Electronic Arts (NASDAQ:EA), Centurylink (NYSE:CTL) and Wynn Resorts (NASDAQ:WYNN). Here's why. Centurylink (CTL)A little over a month ago, Centurylink was featured as a noteworthy name thanks to a repeated effort to break past a major technical ceiling. Although not yet over that hump, a string of higher lows and improving technical support suggested such a move was only a matter of time.That happened, in spades. In fact, the sheer speed of the breakout was enough to push CTL stock beyond another major technical barrier. Although now overextended and ripe for some profit-taking, the entire sequence of events says the path of least resistance is now upward. * Click to EnlargeThe ceiling at $12.43, plotted in blue on the daily chart, was the technical ceiling in question. Centurylink peaked there twice in July, but didn't flinch at that level earlier this week. * The strength of the move carried CTL stock past the 200-day moving average line as well, marked in white on both stock charts. The whole move also unfurled on above average volume. * Although ripe for a pushback, the fact that the 20-day moving average line is now above the purple 50-day line, and the fact that the 50-day line is above the 100-day moving average line is telling. Any stumble should be short-lived. Wynn Resorts (WYNN)After a rough 2018, a choppy 2019 is a relative win for Wynn Resorts. Technical support around $103, marked as a red dashed line on both stock charts, gets much of the credit for escaping would could have turned out to be a move to lower lows.There may still be trouble ahead, however, despite the bullishness we've seen so far this month. WYNN stock is already slowing as it nears what's known to be major resistance, and another clue says the damage has already been done. * 10 Battered Tech Stocks to Buy Now * Click to EnlargeThe resistance line in question is the convergence of the purple 50-day moving average line and the white 200-day moving average. Wynn Resorts shares only had to get near them on Thursday to start peeling back. * Simultaneously, the 50-day moving average line has now crossed back under the 200-day moving average. This so-called "death cross" is a hint that the bigger-picture undertow is bearish despite the recent gains. * Even if the rally isn't quelled here, there's another impending ceiling. The yellow dashed line that connects the key peaks going back to the early 2018 high could still stop the advance. Electronic Arts (EA)Finally, the implosion Electronic Arts shares suffered last year hasn't persisted into this year. In fact, EA stock looks like it's been trying to stage a full recovery of that meltdown.It hasn't done that yet, and may never actually do so. There are several major clues that suggest that rebound is more likely than not though. And, the chart has drawn some clear lines in the sand that will make clear if and when the stock moves into full-breakout mode. * Click to EnlargeThe most important line in the sand is the line that connects the lower highs seen since February's peak, plotted in yellow on both stock charts. This week's lull makes clear traders are hesitant to push past it. * Nevertheless, the convergence of all the key moving averages since June is bullish in and of itself. Better still, we're close to seeing a renewed bullish cross where the purple 50-day line moves above the 200-day moving average. * It's also not likely to be a mere coincidence that the area standing in the way of more upside lies right around a Fibonacci retracement line near $103. Moving above it should also be catalytic.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post 3 Big Stock Charts for Friday: Electronic Arts, Centurylink and Wynn Resorts appeared first on InvestorPlace.
- American City Business Journals
Encore Boston Harbor saw ‘soft’ slot numbers in first quarter
As the world watches how the $2.6 billion casino performs in one of the country’s oldest cities, Encore Boston Harbor’s biggest hurdle over the next year may be its slots revenue.
- Business Wire
Wynn Resorts Announces Pricing of Private Offering of $750 Million Aggregate Principal Amount of Wynn Resorts Finance 5.125% Senior Notes Due 2029
Wynn Resorts, Limited (“Wynn Resorts”) (WYNN) announced today the pricing by Wynn Resorts Finance, LLC (formerly known as Wynn America, LLC) (“Wynn Resorts Finance”) and its subsidiary Wynn Resorts Capital Corp. (“Wynn Resorts Capital” and, together with Wynn Resorts Finance, the “Issuers”), each an indirect wholly-owned subsidiary of Wynn Resorts, of $750 million aggregate principal amount of 5.125% Senior Notes due 2029 (the “Notes”) in a private offering.
- Moody's
Wynn Resorts Finance, LLC -- Moody's assigns ratings to Wynn Resorts Finance, LLC; Ba3 CFR, positive outlook
A Ba1 was assigned to WRF's proposed $850 million senior secured revolver and $1 billion term loan A. At the same time, a B1 was assigned to WRF's proposed $750 million senior unsecured notes. An SGL-1 Speculative Grade Liquidity rating was assigned to WRF as well.
- Business Wire
Wynn Resorts Announces Private Offering of $750 Million of Wynn Resorts Finance Senior Notes Due 2029
Wynn Resorts, Limited (WYNN) (“Wynn Resorts”) announced today that Wynn Resorts Finance, LLC (formerly known as Wynn America, LLC) (“Wynn Resorts Finance”) and its subsidiary Wynn Resorts Capital Corp. (“Wynn Resorts Capital” and, together with Wynn Resorts Finance, the “Issuers”), each an indirect wholly-owned subsidiary of Wynn Resorts, are offering $750 million aggregate principal amount of Senior Notes due 2029 (the “Notes”) in a private offering.
- TheStreet.com
Wynn Resorts, Other Casinos See Target Prices Cut by J.P. Morgan
Wynn Resorts and three other casinos have their stock price targets cut by a J.P. Morgan analyst Friday over concerns about events impacting Macau.
- Motley Fool
Why Wynn Resorts Shares Plunged 15.3% in August
Macao may not be as strong in 2019 as investors hoped.
- Thomson Reuters StreetEvents
Edited Transcript of WYNN earnings conference call or presentation 6-Aug-19 8:30pm GMT
Q2 2019 Wynn Resorts Ltd Earnings Call
- Zacks
Why Is Wynn (WYNN) Down 0.9% Since Last Earnings Report?
Wynn (WYNN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Investor's Business Daily
Dow Jones Today Rallies Behind Intel; Coupa Software Smashes Buy Point
Coupa Software and Wynn Resorts were early winners and Intel led the Dow Jones today, as global markets shifted higher on key political developments.
- Motley Fool
Is Encore Boston Harbor a Bad Bet for Wynn Resorts?
It's not a sure thing that Encore Boston Harbor will be a big money maker.
- American City Business Journals
Here's all the Boston real estate news you may have missed on your summer break
The Seaport's first grocery store. The Obamas buying Wyc Grousbeck's estate. Southie residents demand zero housing at a 15-acre site. A $2.6 billion casino opens. Here's the real estate news you may have missed during your summer vacation.
- PR Newswire
Wynn Las Vegas Becomes Only Casino Resort In Las Vegas To Earn Great Place To Work Certification
LAS VEGAS, Sept. 3, 2019 /PRNewswire/ -- Wynn Las Vegas announces it has been certified as a 'Great Workplace' by the independent analysts at Great Place To Work®, the global authority on evaluating corporate culture and employee fulfilment. "We believe that true luxury is defined by people, not buildings, and so we have focused on our Company's greatest asset: our employees. One of our guiding principles is to 'care about everyone and everything,' which makes our Great Place To Work certification very meaningful to me," said Wynn Resorts CEO Matt Maddox. The high score indicates how proud employees are to be a part of the Wynn team and the strong sense of pride they have in how resort guests describe the service they deliver as "excellent." Additional top scores showed that employees are proud to tell others where they work, are always made to feel welcome in the workplace, appreciate the camaraderie and care that Company leadership encourages among co-workers, and feel good about the many ways Wynn provides them with opportunities to contribute to the local community through charitable efforts.
- Zacks
Macau Gaming Revenues Decline 8.6% in August: What's Next?
Macau Gaming industry witnesses a decline in Gross Gaming Revenue in August for the second straight month.
- Reuters
Macau casino revenue drops 8.6% in August
Gambling revenue in the Chinese territory of Macau dropped 8.6% in August on the year, hit by tapering demand from high rollers, due to slowing economic growth amid China's trade war with the United States and protests in neighbouring Hong Kong. August's figure was 24.3 billion patacas ($3.01 billion), Macau's Gaming Inspection and Coordination said in data posted on Sunday, below analysts' expectations of a drop of 2%-6%. While protests in the Asian financial hub of Hong Kong have disrupted transport and deterred travel to the former British colony and then on to Macau, analysts say the impact on gaming revenues has been minimal.
- TheStreet.com
What's in the Cards for Wynn Resorts?
With its weak chart pattern and indicators, $60 appears the price target -- so the dice are not bouncing the for the bulls here.
- American City Business Journals
Former Mass. gambling chief: MGM Springfield's revenue shortfall a 'puzzle'
The former head of the Massachusetts Gaming Commission called MGM Springfield’s revenue stumble a “puzzle” while hailing the newly opened Encore Boston Harbor casino.
- Reuters
Gambling hub Macau chooses Beijing-backed man as leader
The Chinese territory of Macau elected former legislature head Ho Iat Seng as its leader on Sunday - the sole approved candidate. Ho, who has deep ties to China, is expected to cement Beijing's control over the special administrative region and distance it from protests in neighbouring Hong Kong. The 62-year-old's highly scripted appointment comes as the former Portuguese colony tries to position itself as a beacon of stability and model for the Chinese government's "one country, two systems" formula through which Beijing administers Macau and Hong Kong.
