Wynn Resorts, Limited designs, develops, and operates integrated resorts. Its Wynn Palace segment operates 424,000 square feet of casino space with 323 table games, 1,066 slot machines, private gaming salons, and sky casinos; a luxury hotel tower with 1,706 guest rooms, suites, and villas, including a health club, spa, salon, and pool; 14 food and beverage outlets; 107,000 square feet of retail space; 37,000 square feet of meeting and convention space; and performance lake and floral art displays. Its Wynn Macau segment operates 252,000 square feet of casino space with 331 table games, 896 slot machines, private gaming salons, sky casinos, and a poker room; two luxury hotel towers with 1,010 guest rooms and suites that include two health clubs, two spas, a salon, and a pool; 12 food and beverage outlets; 59,000 square feet of retail space; 31,000 square feet of meeting and convention space; and Chinese zodiac-inspired ceiling attractions. Its Las Vegas Operations segment operates 194,000 square feet of casino space with 209 table games, 1,737 slot machines, private gaming salons, a sky casino, a poker room, and a race and sports book; two luxury hotel towers with 4,748 guest rooms, suites, and villas, including swimming pools, private cabanas, two full service spas and salons, and a wedding chapel; 31 food and beverage outlets; 513,000 square feet of meeting and convention space; 152,000 square feet of retail space; and two theaters, three nightclubs and a beach club. Its Encore Boston Harbor segment operates 208,000 square feet of casino space with 198 table games, 1,890 slot machines, gaming areas, and a poker room; a luxury hotel tower with 671 guest rooms and suites, including a spa and salon; 16 food and beverage outlets and a nightclub; 8,000 square feet of retail space; 71,000 square feet of meeting and convention space; and a waterfront park, floral displays, and water shuttle service. The company was founded in 2002 and is based in Las Vegas, Nevada.
IPO Year: 2002
Exchange: NASDAQ
Website: wynnresorts.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/27/2024 | $97.00 → $104.00 | Equal-Weight → Overweight | Morgan Stanley |
5/31/2024 | $116.00 | Neutral → Buy | Seaport Research Partners |
5/23/2024 | $110.00 | Hold → Buy | Argus |
4/15/2024 | Neutral | Seaport Research Partners | |
4/4/2024 | $131.00 | Buy | Mizuho |
1/17/2024 | Neutral → Outperform | Macquarie | |
12/15/2023 | $105.00 | Positive | Susquehanna |
10/23/2023 | $111.00 | Buy | HSBC Securities |
7/13/2023 | $134.00 → $138.00 | Overweight | Wells Fargo |
6/8/2023 | $135.00 → $114.00 | Buy → Hold | Jefferies |
An On Time Opening in Q1 2027 Anticipated Wynn Resorts, Limited (WYNN) offered an update today on the construction progress of its newest resort, Wynn Al Marjan Island, the first integrated resort in the United Arab Emirates. Wynn Al Marjan Island is located 50 minutes from the Dubai International Airport in the emirate of Ras Al Khaimah. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241121305670/en/Wynn Al Marjan Island, November 21, 2024 (Photo: Business Wire) Construction has proceeded as planned with 55% of the structural concrete now complete. The concrete structure is complete up to the 26th floor of the main resort tow
Wynn Resorts, Limited (NASDAQ:WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the third quarter ended September 30, 2024. Operating revenues were $1.69 billion for the third quarter of 2024, an increase of $21.4 million from $1.67 billion for the third quarter of 2023. Net loss attributable to Wynn Resorts, Limited was $32.1 million for the third quarter of 2024, compared to net loss attributable to Wynn Resorts, Limited of $116.7 million for the third quarter of 2023. Diluted net loss per share was $0.29 for the third quarter of 2024, compared to diluted net loss per share of $1.03 for the third quarter of 2023. Adjusted Property EBITDAR(1) was $527.7 million
Wynn Resorts, Limited (NASDAQ:WYNN) announced today that it will release the Company's financial results for the third quarter ended September 30, 2024 after the market close on Monday, November 4, 2024, followed by a conference call at 1:30 p.m. PT (4:30 p.m. ET). The call will be broadcast live at www.wynnresorts.com under the "Company Information" section. Interested parties may also dial (888) 455-5965 or, for international callers, (773) 799-3869. The conference call access code is 1056446. A replay of the call will be available through December 3, 2024 by dialing (800) 839-2204 or, for international callers, (203) 369-3032. The replay access code is 3574189. The call will also be ar
The Award-Winning Resort Will Offer Five Days of Programming Anchored by the Second Annual Las Vegas Grand Prix LAS VEGAS, Oct. 15, 2024 /PRNewswire/ -- Wynn Las Vegas (NASDAQ:WYNN) announces its second year of "Ultimate Race Week" programming anchored by the Las Vegas Grand Prix. This year's lineup kicks off on Wednesday, Nov. 20 and runs through Sunday, Nov. 24. "Wynn's Ultimate Race Week programming in 2023 was unparalleled," said Brian Gullbrants, COO North America, Wynn Resorts. "Our most ambitious series of resort events and programming resulted in overwhelmingly positiv
Wynn Resorts, Limited (NASDAQ:WYNN) announced today that it will hold an Analyst & Investor Update Meeting to discuss Wynn Al Marjan Island, the Company's integrated resort currently under construction in the UAE. The event will take place on October 8, 2024, at Wynn Las Vegas. Craig Billings, Chief Executive Officer, along with other members of the Wynn Resorts global leadership team will deliver presentations, including on the resort's expected financial performance. The Analyst & Investor Update Meeting will commence at 11:30 a.m. Pacific Time and conclude at approximately 2:30 p.m. Pacific Time. Please note that attendance at the Analyst & Investor Update Meeting is by invitation only
Wynn Resorts, Limited ("Wynn Resorts") (NASDAQ:WYNN) announced today the pricing by Wynn Resorts Finance, 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 $800 million aggregate principal amount of 6.250% Senior Notes due 2033 (the "Notes") in a private offering. Wynn Resorts Finance plans to (a) contribute and/or lend a portion of the net proceeds from the offering to its subsidiary, Wynn Las Vegas, LLC ("Wynn Las Vegas"), who will use the amounts to (i) redeem in full Wynn Las Vegas and Wynn Las Vegas Capital Corp.'s 5.500
Wynn Resorts, Limited (NASDAQ:WYNN) ("Wynn Resorts") announced today that Wynn Resorts Finance, 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 $800 million aggregate principal amount of Senior Notes due 2033 (the "Notes") in a private offering. The Notes will initially be jointly and severally guaranteed by all of Wynn Resorts Finance's domestic subsidiaries (collectively, the "Guarantors") that guarantee the Issuers' existing senior secured credit facilities (the "Senior Credit Facilities"), except Wynn Resorts
The Proposal to Build Hudson Yards West on top of the Undeveloped Western Rail Yards is an Unprecedented $12B Total Project Investment in NYC that will Create 35,000 Union Construction Jobs, 5,000 Permanent Union Careers in the Resort and 1,500 units of New Housing Hudson Green, a 5.6 Acre Public Park, will be the Centerpiece of Hudson Yards West Renderings and Animations Available to Download Are Linked Here NEW YORK, Aug. 28, 2024 /PRNewswire/ -- Related Companies/Oxford Properties Group and Wynn Resorts today revealed new project details for the next phase of Hudson Yards, including new renderings and animations as well as additional testimonials of support. The $12 Billion total project
Wynn Resorts, Limited (NASDAQ:WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the second quarter ended June 30, 2024. Operating revenues were $1.73 billion for the second quarter of 2024, an increase of $137.1 million from $1.60 billion for the second quarter of 2023. Net income attributable to Wynn Resorts, Limited was $111.9 million for the second quarter of 2024, compared to net income attributable to Wynn Resorts, Limited of $105.2 million for the second quarter of 2023. Diluted net income per share was $0.91 for the second quarter of 2024, compared to diluted net income per share of $0.84 for the second quarter of 2023. Adjusted Property EBITDAR(1) was $5
Bringing the Authentic Dining Experience of One of the Most Storied Ranches in America to the Las Vegas Strip wynnlasvegas.com | @wynnlasvegas Photos available HERE. Photo credit: Emerson Miller LAS VEGAS, Aug. 5, 2024 /PRNewswire/ -- Wynn Las Vegas (NASDAQ:WYNN) has partnered with the renowned Four Sixes Ranch and visionary storyteller Taylor Sheridan to present the Four Sixes Ranch Steakhouse, debuting at the resort this September. The pop-up concept will embody the excellence of one of the most legendary ranches in Texas history and present guests with authentic preparations and bold flavors.
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Morgan Stanley upgraded Wynn Resorts from Equal-Weight to Overweight and set a new price target of $104.00 from $97.00 previously
Seaport Research Partners upgraded Wynn Resorts from Neutral to Buy and set a new price target of $116.00
Argus upgraded Wynn Resorts from Hold to Buy and set a new price target of $110.00
Seaport Research Partners initiated coverage of Wynn Resorts with a rating of Neutral
Mizuho initiated coverage of Wynn Resorts with a rating of Buy and set a new price target of $131.00
Macquarie upgraded Wynn Resorts from Neutral to Outperform
Susquehanna initiated coverage of Wynn Resorts with a rating of Positive and set a new price target of $105.00
HSBC Securities initiated coverage of Wynn Resorts with a rating of Buy and set a new price target of $111.00
Wells Fargo reiterated coverage of Wynn Resorts with a rating of Overweight and set a new price target of $138.00 from $134.00 previously
Jefferies downgraded Wynn Resorts from Buy to Hold and set a new price target of $114.00 from $135.00 previously
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Introduces Eight-Member Slate with Deep Experience in Governance, Finance, Legislative and Regulatory Affairs, Strategic Transformations, Transportation and the Railroad Sector Proposes Jim Barber, a Proven Transportation Network Leader and Former Executive at UPS, as CEO and Jamie Boychuk, a Career Railroader and Former Executive at CSX, as COO Introduces "Network of the Future" Strategy Offering Path to Significant Value Creation Releases Presentation Entitled "The Case for Leadership, Safety and Strategy Changes at Norfolk Southern" That is Downloadable at www.MoveNSCForward.com Ohio-based Ancora Holdings Group, LLC, its affiliates and the other participants in its solicitation (
Wynn Resorts, Limited (NASDAQ:WYNN) (the "Company") today announced the appointment of Paul Liu as a member of the Company's Board of Directors. Mr. Liu is an Independent Director and a Class I member of the Board. His appointment was effective as of August 3, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230807204502/en/Paul Liu (Photo: Business Wire) Mr. Liu brings to the Company significant professional experience in entertainment, hospitality, and financial services both in China and the Asia Pacific region. His track record and perspective on creating guest experiences in the luxury and hospitality fields, as well as
PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin, a global technology platform that provides developers a unified set of solutions to grow their businesses, today announced the appointments of Margo Georgiadis and Craig Billings to its Board of Directors. “Margo’s career has focused on building high-performing global companies. Her wealth of experience is particularly relevant as we continue to grow,” said Adam Foroughi, Co-Founder and CEO of AppLovin. “Craig brings both financial acumen and global operational experience, with a career spanning investment banking, mobile games and hospitality. We are confident they will have an immense impact on helping AppLovin achieve our long term
Morgan Stanley analyst Stephen Grambling maintains Wynn Resorts (NASDAQ:WYNN) with a Equal-Weight and lowers the price target from $115 to $107.
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Deutsche Bank analyst Carlo Santarelli maintains Wynn Resorts (NASDAQ:WYNN) with a Buy and lowers the price target from $132 to $131.
https://www.wsj.com/real-estate/stephen-ross-is-launching-his-second-act-at-84-a-new-florida-real-estate-firm-68d340d7?mod=latest_headlines
Jefferies analyst David Katz maintains Wynn Resorts (NASDAQ:WYNN) with a Hold and lowers the price target from $111 to $96.
Macquarie analyst Chad Beynon maintains Wynn Resorts (NASDAQ:WYNN) with a Outperform and lowers the price target from $128 to $126.
Wells Fargo analyst Daniel Politzer maintains Wynn Resorts (NASDAQ:WYNN) with a Overweight and lowers the price target from $128 to $126.
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- Bloomberg
Wynn Resorts, Limited (NASDAQ:WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the third quarter ended September 30, 2024. Operating revenues were $1.69 billion for the third quarter of 2024, an increase of $21.4 million from $1.67 billion for the third quarter of 2023. Net loss attributable to Wynn Resorts, Limited was $32.1 million for the third quarter of 2024, compared to net loss attributable to Wynn Resorts, Limited of $116.7 million for the third quarter of 2023. Diluted net loss per share was $0.29 for the third quarter of 2024, compared to diluted net loss per share of $1.03 for the third quarter of 2023. Adjusted Property EBITDAR(1) was $527.7 million
Wynn Resorts, Limited (NASDAQ:WYNN) announced today that it will release the Company's financial results for the third quarter ended September 30, 2024 after the market close on Monday, November 4, 2024, followed by a conference call at 1:30 p.m. PT (4:30 p.m. ET). The call will be broadcast live at www.wynnresorts.com under the "Company Information" section. Interested parties may also dial (888) 455-5965 or, for international callers, (773) 799-3869. The conference call access code is 1056446. A replay of the call will be available through December 3, 2024 by dialing (800) 839-2204 or, for international callers, (203) 369-3032. The replay access code is 3574189. The call will also be ar
Wynn Resorts, Limited (NASDAQ:WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the second quarter ended June 30, 2024. Operating revenues were $1.73 billion for the second quarter of 2024, an increase of $137.1 million from $1.60 billion for the second quarter of 2023. Net income attributable to Wynn Resorts, Limited was $111.9 million for the second quarter of 2024, compared to net income attributable to Wynn Resorts, Limited of $105.2 million for the second quarter of 2023. Diluted net income per share was $0.91 for the second quarter of 2024, compared to diluted net income per share of $0.84 for the second quarter of 2023. Adjusted Property EBITDAR(1) was $5
Wynn Resorts, Limited (NASDAQ:WYNN) announced today that it will release the Company's financial results for the second quarter ended June 30, 2024 after the market close on Tuesday, August 6, 2024, followed by a conference call at 1:30 p.m. PT (4:30 p.m. ET). The call will be broadcast live at www.wynnresorts.com under the "Company Information" section. Interested parties may also dial (888) 455-5965 or, for international callers, (773) 799-3869. The conference call access code is 1056446. A replay of the call will be available through September 5, 2024 by dialing (800) 835-8067 or, for international callers, (203) 369-3354. The replay access code is 1056446. The call will also be arch
Wynn Resorts, Limited (NASDAQ:WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the first quarter ended March 31, 2024. Operating revenues were $1.86 billion for the first quarter of 2024, an increase of $439.2 million from $1.42 billion for the first quarter of 2023. Net income attributable to Wynn Resorts, Limited was $144.2 million for the first quarter of 2024, compared to net income attributable to Wynn Resorts, Limited of $12.3 million for the first quarter of 2023. Diluted net income per share was $1.30 for the first quarter of 2024, compared to diluted net loss per share of $0.02 for the first quarter of 2023. Adjusted Property EBITDAR(1) was $646.5 mill
Wynn Resorts, Limited (NASDAQ:WYNN) announced today that it will release the Company's financial results for the first quarter ended March 31, 2024 after the market close on Tuesday, May 7, 2024, followed by a conference call at 2:00 p.m. PT (5:00 p.m. ET). The call will be broadcast live at www.wynnresorts.com under the "Company Information" section. Interested parties may also dial (888) 455-5965 or, for international callers, (773) 799-3869. The conference call access code is 6721635. A replay of the call will be available through June 6, 2024 by dialing (888) 566-0401 or, for international callers, (203) 369-3040. The replay access code is 6721635. The call will also be archived at
Wynn Resorts, Limited (NASDAQ:WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the fourth quarter ended December 31, 2023. Operating revenues were $1.84 billion for the fourth quarter of 2023, an increase of $835.5 million from $1.00 billion for the fourth quarter of 2022. Net income attributable to Wynn Resorts, Limited was $729.2 million for the fourth quarter of 2023, compared to net income attributable to Wynn Resorts, Limited of $32.4 million for the fourth quarter of 2022. The increase in net income attributable to Wynn Resorts, Limited was primarily the result of increased operating revenues from our Macau Operations and our Las Vegas Operations, as well
Wynn Resorts, Limited (NASDAQ:WYNN) announced today that it will release the Company's financial results for the fourth quarter ended December 31, 2023 after the market close on Wednesday, February 7, 2024, followed by a conference call at 2:00 p.m. PT (5:00 p.m. ET). The call will be broadcast live at www.wynnresorts.com under the "Company Information" section. Interested parties may also dial (888) 455-5965 or, for international callers, (773) 799-3869. The conference call access code is 3983556. A replay of the call will be available through March 7, 2024 by dialing (888) 566-0495 or, for international callers, (203) 369-3054. The replay access code is 3983556. The call will also be
Wynn Resorts, Limited (NASDAQ:WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the third quarter ended September 30, 2023. Operating revenues were $1.67 billion for the third quarter of 2023, an increase of $782.2 million from $889.7 million for the third quarter of 2022. Net loss attributable to Wynn Resorts, Limited was $116.7 million for the third quarter of 2023, compared to net loss attributable to Wynn Resorts, Limited of $142.9 million for the third quarter of 2022. Diluted net loss per share was $1.03 for the third quarter of 2023, compared to diluted net loss per share of $1.27 for the third quarter of 2022. Adjusted Property EBITDAR(1) was $530.4 mill
Wynn Resorts, Limited (NASDAQ:WYNN) announced today that it will release the Company's financial results for the third quarter ended September 30, 2023 after the market close on Thursday, November 9, 2023, followed by a conference call at 1:30 p.m. PT (4:30 p.m. ET). The call will be broadcast live at www.wynnresorts.com under the "Company Information" section. Interested parties may also dial (888) 455-5965 or, for international callers, (773) 799-3869. The conference call access code is 3983556. A replay of the call will be available through December 9, 2023 by dialing (800) 839-2290 or, for international callers, (203) 369-3607. The replay access code is 3983556. The call will also b