Wynn Resorts, Limited (WYNN)

In the past six months, Wynn Resorts' stock (WYNN) has increased by 28.25%, with a share price of $106.77 as of July 18, 2025, a 27.81% increase from July 22, 2024. Jefferies upgraded its outlook for Wynn Resorts from Hold to Buy on February 18, 2025. JP Morgan initiated coverage with an Overweight recommendation on June 23, 2025, and Barclays maintained an Overweight rating on July 18, 2025, while Citi downgraded Wynn Resorts from Buy to Neutral on July 9, 2025. As of June 4, 2025, WYNN shares had gained 5.7% in the past month, outperforming the Zacks Gaming industry and trading above its 50-day and 200-day moving averages. In the first quarter of 2025, Wynn Resorts repurchased 2.36 million shares for approximately $200 million, approved a cash dividend of $0.25 per share, and repurchased another $100 million in stock in Q2. Wynn Resorts' Q1 2025 earnings per share of $1.07 missed the forecast of $1.31, and revenue of $1.70 billion fell short of the $1.75 billion expectation, leading to a 1.22% stock decline. The company has benefited from stable mass gaming trends in Macau, with casino revenues increasing by 25.8% year-on-year in the first nine months of 2024, and hotel occupancy rates averaging 99%. In October 2024, Wynn Resorts received approval from UAE authorities to operate casino-style gaming.

Wynn Resorts generally does not consider its business to be materially impacted by seasonality, but anticipates that its revenue and cash flow in Las Vegas may be slightly reduced during the summer months due to lower room rates. The company expects tourism in Macau to continue to grow due to the Chinese government's policy of liberalizing travel and currency movement restrictions.

Wynn Resorts, Limited (WYNN) is an American corporation specializing in designing, developing, and operating high-end integrated resort destinations with a variety of amenities, including hotel rooms, retail spaces, dining, entertainment, meeting facilities, and gaming areas. Headquartered in Paradise, Nevada, and founded in 2002, Wynn Resorts operates within the Consumer Services sector, focusing on Casinos/Gaming and Hotels/Resorts. Its offerings include casino gaming, luxury hotel accommodations, fine dining, entertainment, and high-end retail. The company's operations are segmented into Wynn Palace, Wynn Macau, Las Vegas Operations, Encore Boston Harbor, and Corporate and Other. Wynn also has an interest in Wynn Interactive Ltd., which operates its digital sports betting and casino gaming business.

Wynn Resorts has a significant global presence with integrated resorts in Macau, China (Wynn Palace and Wynn Macau), Las Vegas, Nevada, USA (Wynn Las Vegas and Encore at Wynn Las Vegas), and Everett, Massachusetts, USA (Encore Boston Harbor). The company is expanding with Wynn Al Marjan Island in Ras Al Khaimah, UAE, expected to open in early 2027, where Wynn Resorts holds a 40% equity interest. Additionally, Wynn Resorts is exploring potential development opportunities in New York City and Thailand and acquired Aspinalls in London.

Wynn Resorts maintains a strong brand reputation in the luxury hospitality and gaming sector. Wynn Resorts was honored on FORTUNE Magazine's World's Most Admired Companies (2024) list for the sixteenth consecutive year, being the highest-ranked gaming resort company and placing first among all hotel companies in the "Quality of Products/Services" category for the fifth time. Wynn Resorts claims the most Forbes Travel Guide Five-Star Awards of any independent hotel company in the world, with Wynn Macau and Wynn Palace holding 15 Forbes Five-Star Awards combined. In 2023, Wynn addressed a substantiated complaint regarding the use of customer data from the Personal Data Protection Bureau of Macau by arranging follow-up action, resolving the issue, and implementing re-training and risk management instructions.

Wynn Resorts, Limited (WYNN) is heavily dominated by institutional owners, holding approximately 62% of the shares, with 1072 institutional owners and shareholders holding a total of 80,517,704 shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Capital World Investors, and State Street Corp. Individual investors, including retail investors, own approximately 22% of the company's stock, while insiders hold about 10.78% of the stock. Notable individual shareholders include Elaine Wynn (8.6% of common stock) and Tilman Fertitta (6.3% of company stock).