Stock events for Wynn Resorts Ltd. (WYNN)
Wynn Resorts' stock has increased 42.5% over six months and 45.14% over three months, outperforming sector trends, driven by upgrades from firms like UBS and Stifel, and positive projections for Macau's Golden Week. However, the stock declined 6% on October 3, 2025, due to concerns over Tropical Cyclone Matmo impacting Macau.
Demand Seasonality affecting Wynn Resorts Ltd.’s stock price
Demand for Wynn Resorts' products and services is impacted by seasonality, with surges during peak travel periods. Positive projections for events like Macau's Golden Week are significant drivers for gaming revenue. Las Vegas demand has remained strong, while Macau's business continues to recover, with hotel occupancy reaching 99% in the first quarter of 2024. The business is susceptible to external factors like tropical cyclones.
Overview of Wynn Resorts Ltd.’s business
Wynn Resorts Ltd. (WYNN) is a developer and operator of luxury casinos and resorts in the Consumer Cyclical sector, specifically the Travel & Leisure and Hotels/Resorts industry. Its offerings include luxury hotel accommodations, retail spaces, dining, entertainment, meeting facilities, gaming services, and Wynn Interactive, a digital sports betting and iGaming platform. Key properties are Wynn Macau and Wynn Palace in Macau, Wynn Las Vegas and Encore Las Vegas in the United States, and Encore Boston Harbor in Massachusetts.
WYNN’s Geographic footprint
Wynn Resorts operates in Macau, China (Wynn Macau, Wynn Palace), Las Vegas, Nevada, U.S. (Wynn Las Vegas, Encore Las Vegas), and Everett, Massachusetts, U.S. (Encore Boston Harbor). The company is expanding its global presence with Wynn Al Marjan Island in the United Arab Emirates, expected to open in early 2027, and has expressed interest in development opportunities in New York City and Thailand.
WYNN Corporate Image Assessment
Wynn Resorts has a strong brand reputation for luxury and high-quality services. It was honored on FORTUNE Magazine's "World's Most Admired Companies" list for 2024 and 2025, ranking as the highest gaming resort company and placing first among hotel companies in "Quality of Products/Services." The company also holds the most Forbes Travel Guide Five-Star Awards of any independent hotel company globally.
Ownership
Wynn Resorts' ownership includes institutional investors holding approximately 38.52% to 69.82% of the stock, with major holders like Capital World Investors, Vanguard Group Inc, and BlackRock, Inc. Tilman Fertitta is the largest individual stockholder with 12.3% ownership as of April 2025. Insider ownership ranges from approximately 10.77% to 12.93%.
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$116.11