Wynn Resorts, Limited (WYNN)

In the past six months, Wynn Resorts' stock has experienced several notable events. As of early June 2025, WYNN shares gained 5.7% in the preceding month, outperforming the Zacks Gaming industry, and technical indicators showed the stock trading above its 50-day and 200-day moving averages. In June 2025, JP Morgan initiated coverage of Wynn Resorts with an "Overweight" recommendation, and earlier, in February 2025, Jefferies upgraded its outlook for Wynn Resorts from "Hold" to "Buy." Despite these positive indicators, Wall Street analysts have lowered earnings expectations for Wynn Resorts, with estimates for 2025 revised downward, reflecting a projected 22.1% year-over-year decline. The company also repurchased 2.36 million shares for approximately $200 million in the first quarter of 2025 and regularly pays quarterly dividends. The company's first-quarter 2025 results, reported on May 6, 2025, showed a decrease in diluted net income per share and Adjusted Property EBITDAR compared to the first quarter of 2024.

Historically, Wynn Resorts stated that its business is not expected to be unusually impacted by seasonality, although fluctuations in revenues and cash flows may occur from month to month. More recent information from 2025 suggests that seasonal tools can be used to analyze index movements across previous years to gauge repeating annual trends. The company's focus on high-end clientele and integrated resort offerings aims to attract diverse customers throughout the year.

Wynn Resorts, Limited specializes in the design, development, and operation of high-end hotels and casinos. The company operates within the Consumer Discretionary sector, specifically classified under the Resort/Gaming industry. Its major products and services encompass luxury hotel accommodations, casino operations, a wide array of food and beverage outlets, entertainment options, meeting and convention facilities, spas, golf courses, nightclubs, and retail space. Wynn Resorts also has a presence in the digital sports betting and casino gaming industry through its interest in Wynn Interactive Ltd. As of late 2024, the company owned and operated four hotel-casinos: Wynn Las Vegas, Wynn Macau, Wynn Palace, and Encore Boston Harbor.

Wynn Resorts has a significant global presence with properties in the United States, including Wynn Las Vegas and Encore at Wynn Las Vegas in Nevada, and Encore Boston Harbor in Massachusetts. Internationally, the company has a strong presence in Macau, China, with Wynn Macau and Wynn Palace. Wynn Resorts is also expanding its global footprint with a new integrated resort, Wynn Al Marjan Island, under construction in the United Arab Emirates, projected to open in early 2027, and has expressed interest in exploring opportunities in London, England, and Thailand.

Wynn Resorts has maintained a strong brand reputation for luxury and quality, being recognized on FORTUNE Magazine's "World's Most Admired Companies" list for sixteen and seventeenth consecutive years in 2024 and 2025, respectively, and receiving top rankings in the "Quality of Products/Services" category. However, in May 2025, the company's reputation was reportedly "severely damaged" when the Nevada Gaming Commission fined them $5.5 million related to the use of unlicensed money transmitting businesses; Wynn Resorts acknowledged responsibility for the actions, stating they were undertaken by individuals no longer with the company.

Wynn Resorts' ownership is primarily held by institutional investors, who collectively hold a significant portion of the company's stock, ranging from approximately 43.73% to 63.28%. Major institutional shareholders include Vanguard Group Inc, BlackRock, Inc., and Capital World Investors. Individual investors hold around 9.98% to 25.94% of the stock, with Tilman J. Fertitta identified as a major individual owner. Insiders hold approximately 10.78% of the company's stock.