Wynn Resorts (WYNN) Expected to Announce Quarterly Earnings on Thursday

Wynn Resorts (NASDAQ:WYNN) is projected to post its Q2 2025 quarterly earnings results after the market closes on Thursday, August 7th. Analysts expect Wynn Resorts to post earnings of $1.21 per share and revenue of $1.74 billion for the quarter.

Wynn Resorts (NASDAQ:WYNN) last released its earnings results on Tuesday, May 6th. The casino operator reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.17). The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.74 billion. Wynn Resorts had a negative return on equity of 62.13% and a net margin of 6.17%. The business’s quarterly revenue was down 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.59 EPS. On average, analysts expect Wynn Resorts to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Wynn Resorts Price Performance

NASDAQ:WYNN opened at $109.53 on Thursday. Wynn Resorts has a 1-year low of $65.25 and a 1-year high of $112.36. The business has a 50 day moving average of $97.48 and a 200 day moving average of $88.53. The company has a market capitalization of $11.45 billion, a price-to-earnings ratio of 30.43, a PEG ratio of 3.02 and a beta of 1.37.

Wynn Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 16th were given a $0.25 dividend. The ex-dividend date was Friday, May 16th. This represents a $1.00 annualized dividend and a yield of 0.91%. Wynn Resorts’s payout ratio is currently 27.78%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on WYNN shares. Bank of America upgraded Wynn Resorts from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a research report on Wednesday, May 7th. Stifel Nicolaus set a $113.00 price objective on Wynn Resorts in a research report on Wednesday, May 7th. Barclays set a $127.00 price objective on Wynn Resorts and gave the company an “overweight” rating in a research report on Friday, July 18th. Mizuho lowered their price objective on Wynn Resorts from $132.00 to $122.00 and set an “outperform” rating for the company in a research report on Thursday, May 8th. Finally, Citigroup reiterated a “neutral” rating and issued a $114.00 price objective (up previously from $108.00) on shares of Wynn Resorts in a research report on Wednesday, July 9th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $114.71.

Insider Activity at Wynn Resorts

In related news, Director Patricia Mulroy sold 2,262 shares of the company’s stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $92.12, for a total value of $208,375.44. Following the sale, the director directly owned 3,066 shares of the company’s stock, valued at $282,439.92. This represents a 42.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.52% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Wynn Resorts

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its stake in Wynn Resorts by 69.0% in the first quarter. Geneos Wealth Management Inc. now owns 382 shares of the casino operator’s stock worth $32,000 after purchasing an additional 156 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Wynn Resorts by 10.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,961 shares of the casino operator’s stock worth $665,000 after purchasing an additional 754 shares during the period. Finally, Woodline Partners LP grew its stake in Wynn Resorts by 36.2% in the first quarter. Woodline Partners LP now owns 7,568 shares of the casino operator’s stock worth $632,000 after purchasing an additional 2,012 shares during the period. 88.64% of the stock is owned by hedge funds and other institutional investors.

About Wynn Resorts

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.