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Wynn Resorts Ltd Stock Research

WYNN

91.56USD+1.20(+1.33%)Market Closed
Watchlist

Market Summary

USD91.56+1.20
Market Closed
1.33%

WYNN Alerts

WYNN Stock Price

WYNN RSI Chart

WYNN Valuation

Market Cap

10.4B

Price/Earnings (Trailing)

1.5K

Price/Sales (Trailing)

2.12

EV/EBITDA

5.19

Price/Free Cashflow

36.28

WYNN Price/Sales (Trailing)

WYNN Profitability

EBT Margin

-10.51%

Return on Equity

25.84%

Return on Assets

-1.66%

Free Cashflow Yield

2.76%

WYNN Fundamentals

WYNN Revenue

Revenue (TTM)

4.9B

Revenue Y/Y

75.59%

Revenue Q/Q

12.09%

WYNN Earnings

Earnings (TTM)

7.0M

Earnings Y/Y

180.88%

Earnings Q/Q

752.94%

Price Action

52 Week Range

53.81117.86
(Low)(High)

Last 7 days

-5.6%

Last 30 days

-4.7%

Last 90 days

-12.1%

Trailing 12 Months

52.1%

WYNN Financial Health

Current Ratio

3.1

Debt/Equity

-7.39

Debt/Cashflow

-0.01

WYNN Investor Care

Buy Backs (1Y)

0.46%

Diluted EPS (TTM)

-0.18

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for WYNN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-14
Mulroy Patricia
sold
-48,805
97.61
-500
-
2023-08-14
Mulroy Patricia
sold
-25,002
100
-250
-
2023-06-20
Mulroy Patricia
sold
-104,960
104
-1,000
-
2023-05-25
Mulroy Patricia
sold
-111,815
101
-1,100
-
2023-05-04
Myers Margaret Jane
acquired
-
-
2,286
-
2023-05-04
Webb Winifred Markus
acquired
-
-
2,286
-
2023-05-04
Mulroy Patricia
acquired
-
-
2,286
-
2023-05-04
ATKINS BETSY S
acquired
-
-
2,286
-
2023-05-04
Byrne Richard J
acquired
-
-
2,286
-
2023-05-04
SATRE PHILIP G
acquired
-
-
2,286
-

1–10 of 50

Which funds bought or sold WYNN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Jefferies Group LLC
reduced
-20.45
-20,327,800
149,014,000
1.25%
2023-09-20
BARCLAYS PLC
reduced
-69.35
-99,843,000
40,635,000
0.03%
2023-09-12
Farther Finance Advisors, LLC
reduced
-60.95
-78,728
45,940
0.01%
2023-09-12
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
sold off
-100
-11,193,000
-
-%
2023-09-12
Prosperity Wealth Management, Inc.
unchanged
-
-134,285
2,251,080
1.46%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
-145
2,429
-%
2023-09-08
TORQ CAPITAL MANAGEMENT (HK) Ltd
new
-
19,199,900
19,199,900
48.92%
2023-08-30
CHAPIN DAVIS, INC.
reduced
-24.81
-787,558
1,923,800
0.91%
2023-08-29
Garde Capital, Inc.
unchanged
-
-9,000
167,000
0.01%
2023-08-24
Alberta Investment Management Corp
unchanged
-
-14,490
242,903
-%

1–10 of 44

Latest Funds Activity

Are funds buying WYNN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WYNN
No. of Funds

Schedule 13G FIlings of Wynn Resorts

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
jefferies financial group inc.
6.01%
6,810,459
SC 13G
Feb 14, 2023
price t rowe associates inc /md/
7.6%
8,638,226
SC 13G/A
Feb 13, 2023
capital international investors
7.1%
8,022,231
SC 13G/A
Feb 09, 2023
vanguard group inc
9.82%
11,132,845
SC 13G/A
Feb 01, 2023
blackrock inc.
5.9%
6,704,817
SC 13G/A
Oct 31, 2022
fertitta tilman j
6.0%
6,808,126
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
8.9%
10,330,316
SC 13G/A
Feb 11, 2022
capital international investors
5.1%
5,902,114
SC 13G/A
Feb 03, 2022
blackrock inc.
5.9%
6,816,265
SC 13G/A
Feb 16, 2021
capital world investors
1.6%
1,745,493
SC 13G/A

Recent SEC filings of Wynn Resorts

View All Filings
Date Filed Form Type Document
Sep 15, 2023
4
Insider Trading
Sep 14, 2023
144
Notice of Insider Sale Intent
Sep 05, 2023
8-K
Current Report
Aug 24, 2023
8-K
Current Report
Aug 15, 2023
4
Insider Trading
Aug 14, 2023
144
Notice of Insider Sale Intent
Aug 11, 2023
8-K
Current Report
Aug 10, 2023
8-K
Current Report
Aug 09, 2023
8-K
Current Report
Aug 09, 2023
10-Q
Quarterly Report

Peers (Alternatives to Wynn Resorts)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
60.2B
22.9B
-4.37% 39.07%
21.97
2.71
27.87% 59.84%
12.9B
14.8B
-15.20% 19.38%
34.4
0.87
24.74% -88.46%
10.4B
4.9B
-4.70% 52.12%
1.5K
2.12
26.04% 101.07%
MID-CAP
10.0B
2.9B
8.11% 16.44%
34.79
3.47
17.20% -8.79%
8.7B
2.2B
-7.39% 25.81%
24.37
3.97
28.56% -26.62%
7.7B
1.4B
-3.38% 18.69%
24.32
5.34
-12.16% -16.00%
3.4B
6.6B
-1.84% -16.41%
4.63
0.52
4.51% 252.90%
3.0B
1.7B
-5.73% -4.82%
11.83
1.72
4.65% -9.64%
2.4B
1.8B
1.24% -2.80%
9.26
1.33
4.78% 218.46%
2.0B
1.4B
10.48% 24.12%
25.1
1.46
-10.34% -40.81%
SMALL-CAP
1.5B
603.5M
-2.84% 17.93%
10.62
2.48
67.23% 329.24%
1.2B
494.6M
-6.17% 12.68%
13.4
2.44
10.82% 12.88%
1.0B
1.1B
-2.25% 0.93%
20.44
0.89
-0.35% -53.55%
162.9M
461.6M
-17.00% -20.44%
-37.88
0.35
5.35% -117.72%
149.4M
187.0M
-8.28% -26.41%
-5.42
0.8
6.04% -608.56%

Wynn Resorts News

94.5 PST
Usher To Headline 2024 Super Bowl Halftime Show.
94.5 PST,
7 hours ago
West Island Blog
Marketscreener.com
The Nevada Independent

Returns for WYNN

Cumulative Returns on WYNN

-3.5%


10-Year Cumulative Returns

-0.4%


7-Year Cumulative Returns

-6.8%


5-Year Cumulative Returns

7.6%


3-Year Cumulative Returns

Risks for WYNN

What is the probability of a big loss on WYNN?

100%


Probability that Wynn Resorts stock will be more than 20% underwater in next one year

76.2%


Probability that Wynn Resorts stock will be more than 30% underwater in next one year.

59.2%


Probability that Wynn Resorts stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WYNN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Wynn Resorts was unfortunately bought at previous high price.

Drawdowns

Financials for Wynn Resorts

Income Statement (Last 12 Months)
Income Statement (Last 12 Months)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue16.3%4,914,160,0004,227,170,0003,756,825,0003,794,113,0003,899,035,0003,980,316,0003,763,664,0003,407,434,0002,783,242,0001,878,827,0002,095,861,0003,063,325,0004,340,635,0005,913,269,0006,611,099,0006,645,226,0006,706,536,0006,653,628,0006,717,660,0006,652,238,0006,494,513,000
Costs and Expenses9.5%4,448,092,0004,063,466,0003,857,501,0004,099,621,0004,235,216,0004,293,990,0004,158,205,0003,874,962,0003,450,113,0003,039,193,0003,327,906,0003,890,181,0004,706,649,0005,537,551,0005,732,794,0005,747,216,0005,695,378,0005,581,614,0005,982,116,0005,861,558,0005,737,489,000
  S&GA Expenses6.4%950,385,000893,442,000830,450,000820,356,000816,431,000813,598,000796,592,000748,213,000711,759,000666,295,000720,849,000777,987,000863,533,000913,676,000896,670,000881,860,000827,745,000809,152,000761,415,000728,393,000714,570,000
EBITDA-100.0%-918,639,000643,167,000383,799,000335,028,000390,965,000310,008,000269,493,00091,346,000-411,132,000-480,299,000-75,815,000353,985,0001,069,093,0001,527,126,000------
EBITDA Margin-100.0%-0.220.170.100.090.100.080.080.03-0.22-0.23-0.020.080.180.23------
Interest Expenses5.2%721,880,000686,467,000650,885,000624,226,000609,274,000604,868,000605,562,000602,888,000597,705,000580,499,000556,474,000520,236,000489,746,000449,677,000414,030,000401,698,000380,053,000376,802,000381,849,000377,921,000380,788,000
Earnings Before Taxes77.6%-99,558,000-444,402,000-700,036,000-930,877,000-969,304,000-929,300,000-1,011,516,000-1,062,937,000-1,242,277,000-1,723,508,000-1,762,275,000-1,312,603,000-841,825,000-47,651,000488,218,000491,066,000660,344,000715,679,000305,740,000372,882,000262,506,000
EBT Margin100.0%--0.11-0.19-0.25-0.25-0.23-0.27-0.31-0.45-0.92-0.84-0.43-0.19-0.010.07------
Net Income103.1%7,035,000-228,200,000-423,856,000-633,457,000-656,814,000-658,132,000-755,786,000-848,098,000-1,439,991,000-1,946,186,000-2,067,245,000-1,870,685,000-1,116,039,000-383,924,000122,985,000660,793,000820,404,000881,609,000572,430,000599,246,000522,898,000
Net Income Margin100.0%--0.05-0.11-0.17-0.17-0.17-0.20-0.25-0.52-1.04-0.99-0.61-0.26-0.060.02------
Free Cashflow100.0%--112,646,000-371,399,000-509,617,000-519,885,000-432,800,000-513,248,000-750,288,000-899,723,000-1,340,900,000-1,362,540,000-1,105,945,000-835,334,000-431,618,000-162,223,000------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.4%13,78413,72413,41511,77911,78912,17912,53112,60813,02313,16713,87013,96714,88614,27313,87113,27713,16513,16113,21612,37711,817
  Current Assets2.3%4,3524,2534,0302,3232,3712,6662,8762,8563,2153,2503,8133,8694,2363,4152,8562,1111,9672,2422,6412,3361,888
    Cash Equivalents-4.9%3,6543,8443,6501,9442,0242,3262,5312,4832,8092,8973,4863,5603,8032,8862,3581,6821,5061,8272,2191,9531,449
  Inventory2.6%71.0069.0070.0068.0069.0072.0070.0064.0066.0065.0066.0074.0085.0086.0089.0080.0082.0067.0067.0063.0067.00
  Net PPE-0.8%6,7716,8266,8968,4998,5978,6718,7658,8598,9259,0509,1979,3139,4159,5399,6249,6219,6419,3629,3869,2219,054
Liabilities-0.3%15,29115,34015,05513,37613,16313,21313,36713,20013,37713,37014,60714,51414,61113,28112,33011,61111,31411,24611,40110,8379,997
  Current Liabilities-1.8%1,3461,3711,8111,6351,6171,1541,2881,2872,5381,3701,8811,6891,8701,8851,9831,9301,9751,8781,8822,0471,747
    LT Debt, Current-71.2%41.0014354854654550.0050.0050.001,30819859622729823632411657.0036.0012.00237179
    LT Debt, Non Current0.0%12,10112,10711,56911,57011,36811,87311,88511,69410,61311,75512,46912,56312,47711,13310,0809,4229,0959,1349,4118,6958,134
Shareholder's Equity---------103234--2749921,5411,6661,8511,9151,8151,5401,820
  Retained Earnings2.8%-2,622-2,699-2,711-2,744-2,601-2,471-2,288-2,110-1,944-1,813-1,532-1,262-505132642822933946922538463
  Additional Paid-In Capital0.4%3,6193,6053,5843,5843,5663,5723,5033,4863,4673,4662,5982,5542,5442,5262,5132,5082,4982,4832,4572,4552,436
Shares Outstanding0.1%114114113113114115116115115111108107107107107107107107107108108
Minority Interest2.5%-876-898-889-833-764-696-621-539-456-436-385-417-345-249-201-252-199-162-219-264107
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations186.1%617216-71.27-158-153-86.07-222-508-691-1,149-1,072-659-2164619011,2431,4181,2799611,0971,126
  Share Based Compensation5.4%72.0068.0068.0069.0074.0085.0095.0097.0081.0077.0062.0050.0051.0039.0040.0037.0038.0038.0035.0043.0042.00
Cashflow From Investing-23.9%1,0001,3141,349-396-415-391-342-237-200-177-265-442-619-894-1,068-1,177-1,110-1,125-1,222-1,223-1,308
Cashflow From Financing25.4%10886.00-23.68177-209-91.69-388-328-1021,3402,4632,9673,1211,480299-332-251-360-324-859-853
  Dividend Payments6215.8%29.000.001.002.002.002.002.001.001.002.00109215404593567679570599570401411
  Buy Backs-73.1%50.0018718718115921.0014.0013.008.0010.0012.0011.0040.0067.0067.0022219516416012.0010.00

WYNN Income Statement

2023-06-30
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating revenues:    
Total operating revenues$ 1,595,822$ 908,832$ 3,019,501$ 1,862,166
Operating expenses:    
General and administrative257,321200,378517,093397,158
Provision for credit losses(6,640)(3,487)(7,184)(3,145)
Pre-opening1,4774,5025,9556,949
Depreciation and amortization169,962162,968338,774347,524
Property charges and other16,01926,90918,47772,629
Total operating expenses1,345,486960,8602,599,6502,009,059
Operating income (loss)250,336(52,028)419,851(146,893)
Other income (expense):    
Interest income44,1272,69184,3203,971
Interest expense, net of amounts capitalized(190,243)(154,830)(377,983)(306,988)
Change in derivatives fair value24,3361,56247,3828,962
Loss on debt financing transactions(3,375)0(15,611)0
Other6,959(10,099)(23,655)(25,226)
Other income (expense), net(118,196)(160,676)(285,547)(319,281)
Income (loss) before income taxes132,140(212,704)134,304(466,174)
Provision for income taxes(4,305)(718)(5,323)(1,858)
Net income (loss)127,835(213,422)128,981(468,032)
Less: net (income) loss attributable to noncontrolling interests(22,651)83,371(11,465)154,657
Net income (loss) attributable to Wynn Resorts, Limited$ 105,184$ (130,051)$ 117,516$ (313,375)
Net income (loss) attributable to Wynn Resorts, Limited:    
Basic (in usd per share)$ 0.93$ (1.14)$ 1.04$ (2.73)
Diluted (in usd per share)$ 0.84$ (1.14)$ 0.84$ (2.73)
Weighted average common shares outstanding:    
Basic (in shares)112,889114,471112,821114,749
Diluted (in shares)113,198114,471113,143114,749
Casino    
Operating revenues:    
Total operating revenues$ 912,999$ 359,585$ 1,679,991$ 849,447
Operating expenses:    
Cost of goods and services sold543,643244,0641,017,028568,143
Rooms    
Operating revenues:    
Total operating revenues276,505201,298549,034371,674
Operating expenses:    
Cost of goods and services sold73,78365,070146,485123,785
Food and beverage    
Operating revenues:    
Total operating revenues257,036229,816489,647403,836
Operating expenses:    
Cost of goods and services sold203,922185,471384,541332,127
Entertainment, retail and other    
Operating revenues:    
Total operating revenues149,282118,133300,829237,209
Operating expenses:    
Cost of goods and services sold$ 85,999$ 74,985$ 178,481$ 163,889

WYNN Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 3,653,966,000$ 3,650,440,000
Restricted cash3,904,0004,819,000
Investment securities288,201,0000
Accounts receivable, net of allowance for credit losses of $57,261 and $78,842229,794,000216,033,000
Inventories70,979,00070,094,000
Prepaid expenses and other104,920,00088,201,000
Total current assets4,351,764,0004,029,587,000
Property and equipment, net6,771,322,0006,896,060,000
Restricted cash89,927,000127,731,000
Goodwill and intangible assets, net444,807,000245,253,000
Operating lease assets1,838,054,0001,853,164,000
Other assets287,812,000263,305,000
Total assets13,783,686,00013,415,100,000
Current liabilities:  
Accounts and construction payables178,486,000197,474,000
Customer deposits498,136,000506,148,000
Gaming taxes payable142,266,00044,967,000
Accrued compensation and benefits156,878,000187,160,000
Accrued interest148,377,000135,630,000
Current portion of long-term debt41,250,000547,543,000
Other accrued liabilities180,654,000192,501,000
Total current liabilities1,346,047,0001,811,423,000
Long-term debt12,101,477,00011,569,316,000
Long-term operating lease liabilities1,610,787,0001,615,157,000
Other long-term liabilities232,539,00059,569,000
Total liabilities15,290,850,00015,055,465,000
Commitments and contingencies (Note 16)
Stockholders' deficit:  
Preferred stock, par value $0.01; 40,000,000 shares authorized; zero shares issued and outstanding00
Common stock, par value $0.01; 400,000,000 shares authorized; 132,948,390 and 132,256,185 shares issued; 113,942,935 and 113,369,439 shares outstanding, respectively1,329,0001,323,000
Treasury stock, at cost; 19,005,455 and 18,886,746 shares, respectively(1,635,966,000)(1,623,872,000)
Additional paid-in capital3,619,241,0003,583,923,000
Accumulated other comprehensive income (loss)7,916,000(404,000)
Accumulated deficit(2,622,773,000)(2,711,808,000)
Total Wynn Resorts, Limited stockholders' deficit(630,253,000)(750,838,000)
Noncontrolling interests(876,911,000)(889,527,000)
Total stockholders' deficit(1,507,164,000)(1,640,365,000)
Total liabilities and stockholders' deficit$ 13,783,686,000$ 13,415,100,000
Craig S. Billings
27000
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, 1,035 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, 818 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; 14 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 223 table games, 1,751 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; 32 food and beverage outlets; 513,000 square feet of meeting and convention space; 155,000 square feet of retail space; and two theaters, three nightclubs and a beach club. Its Encore Boston Harbor segment operates 211,000 square feet of casino space with 184 table games, 2,766 slot machines, gaming areas, and a poker room; a luxury hotel tower with 671 guest rooms and suites, including a spa and salon; 15 food and beverage outlets and a nightclub; 10,000 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.