FY2026 EPS Forecast for Wynn Resorts Increased by Analyst

Wynn Resorts, Limited (NASDAQ:WYNN) – Equities research analysts at Seaport Res Ptn increased their FY2026 earnings per share (EPS) estimates for Wynn Resorts in a research report issued to clients and investors on Wednesday, October 1st. Seaport Res Ptn analyst V. Umansky now forecasts that the casino operator will earn $5.76 per share for the year, up from their prior forecast of $5.39. The consensus estimate for Wynn Resorts’ current full-year earnings is $5.17 per share.

Wynn Resorts (NASDAQ:WYNN) last announced its quarterly earnings results on Thursday, August 7th. The casino operator reported $1.09 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.11). Wynn Resorts had a net margin of 5.51% and a negative return on equity of 56.78%. The firm had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same period in the previous year, the firm posted $1.12 EPS. The company’s revenue was up .6% compared to the same quarter last year.

Other research analysts have also issued reports about the company. Morgan Stanley increased their price objective on Wynn Resorts from $113.00 to $128.00 and gave the stock an “overweight” rating in a research report on Thursday, September 11th. Citigroup reiterated a “neutral” rating and set a $114.00 price target (up from $108.00) on shares of Wynn Resorts in a report on Wednesday, July 9th. Argus upgraded shares of Wynn Resorts from a “hold” rating to a “buy” rating and set a $145.00 price objective on the stock in a report on Wednesday, September 3rd. Jefferies Financial Group increased their target price on shares of Wynn Resorts from $130.00 to $133.00 and gave the stock a “buy” rating in a research note on Monday, August 11th. Finally, Stifel Nicolaus boosted their target price on Wynn Resorts from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Fourteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Wynn Resorts has an average rating of “Moderate Buy” and a consensus price target of $127.33.

Wynn Resorts Price Performance

Wynn Resorts stock opened at $133.34 on Thursday. The firm has a 50 day simple moving average of $118.74 and a 200-day simple moving average of $99.21. The stock has a market cap of $13.86 billion, a price-to-earnings ratio of 40.04, a price-to-earnings-growth ratio of 6.72 and a beta of 1.31. Wynn Resorts has a 1-year low of $65.25 and a 1-year high of $134.23.

Wynn Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Monday, August 18th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. Wynn Resorts’s payout ratio is currently 30.03%.

Insider Buying and Selling at Wynn Resorts

In related news, Director Patricia Mulroy sold 4,438 shares of Wynn Resorts stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $125.00, for a total value of $554,750.00. Following the completion of the transaction, the director owned 3,066 shares in the company, valued at $383,250. The trade was a 59.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.52% of the company’s stock.

Institutional Investors Weigh In On Wynn Resorts

Institutional investors have recently modified their holdings of the company. Mackenzie Financial Corp purchased a new stake in Wynn Resorts during the 4th quarter worth about $282,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Wynn Resorts in the 4th quarter valued at $1,361,000. GAMMA Investing LLC raised its stake in Wynn Resorts by 9,135.7% during the 1st quarter. GAMMA Investing LLC now owns 266,449 shares of the casino operator’s stock worth $22,248,000 after acquiring an additional 263,564 shares in the last quarter. Rhumbline Advisers lifted its position in Wynn Resorts by 14.5% in the first quarter. Rhumbline Advisers now owns 180,468 shares of the casino operator’s stock valued at $15,069,000 after acquiring an additional 22,875 shares during the last quarter. Finally, Czech National Bank boosted its stake in Wynn Resorts by 2.6% in the first quarter. Czech National Bank now owns 20,573 shares of the casino operator’s stock valued at $1,718,000 after acquiring an additional 514 shares in the last quarter. 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.