Market Summary
USD101.13+0.11
Market Closed0.11%
WYNN Stock Price
WYNN RSI Chart
WYNN Valuation
WYNN Price/Sales (Trailing)
WYNN Profitability
WYNN Fundamentals
WYNN Revenue
WYNN Earnings
Price Action
52 Week Range
50.20117.86
(Low)(High)
Last 7 days
-8.1%
Last 30 days
-7.6%
Last 90 days
-4.2%
Trailing 12 Months
57.0%
WYNN Financial Health
WYNN Investor Care
Peers (Alternatives to Wynn Resorts)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MAR | 53.3B | 22.2B | 4.02% | 1.37% | 19.48 | 2.4 | 40.97% | 84.13% |
MGM | 14.8B | 14.1B | -4.67% | 17.17% | 7.58 | 1.05 | 29.94% | 24.85% |
WYNN | 11.5B | 4.2B | -7.60% | 56.96% | -50.44 | 2.72 | 6.20% | 65.33% |
| MID-CAP | ||||||||
CHDN | 10.3B | 2.0B | 9.25% | 39.27% | 18.71 | 5.16 | 22.49% | 116.78% |
MTN | 9.7B | 2.8B | 2.73% | -3.15% | 29.01 | 3.45 | 29.86% | 54.02% |
WH | 7.2B | 1.4B | 7.49% | -10.04% | 22.66 | 4.97 | -11.76% | -3.07% |
PENN | 4.5B | 6.4B | -8.85% | -18.60% | 20.2 | 0.7 | 8.41% | 79.53% |
SEAS | 3.8B | 1.8B | 9.12% | 1.37% | 12.94 | 2.18 | 9.45% | -2.98% |
FUN | 2.4B | - | 6.70% | -5.13% | 9.26 | 1.33 | 35.81% | 1083.17% |
SIX | 2.1B | 1.4B | 10.40% | -14.47% | 20.26 | 1.56 | -12.28% | -34.58% |
| SMALL-CAP | ||||||||
TH | 1.5B | 569.5M | 17.00% | 137.66% | 12.49 | 2.57 | 74.59% | 1194.94% |
GDEN | 1.3B | 1.1B | 7.34% | -7.31% | 21.78 | 1.12 | -0.39% | -69.07% |
MCRI | 1.3B | 486.2M | -3.29% | 0.64% | 14.47 | 2.59 | 13.40% | 10.94% |
FLL | 248.8M | 172.0M | 5.24% | 2.70% | -9.45 | 1.45 | -4.13% | -272.52% |
CNTY | 210.2M | 435.9M | 1.76% | -12.17% | 32.27 | 0.48 | 3.99% | -70.73% |
Financials for Wynn Resorts
| Income Statement (Last 12 Months) | ||||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 12.5% | 4,227,170,000 | 3,756,825,000 | 3,794,113,000 | 3,899,035,000 | 3,980,316,000 |
| S&GA Expenses | 7.6% | 893,442,000 | 830,450,000 | 820,356,000 | 816,431,000 | 813,598,000 |
| Costs and Expenses | 5.3% | 4,063,466,000 | 3,857,501,000 | 4,099,621,000 | 4,235,216,000 | 4,293,990,000 |
| EBITDA | 67.6% | 643,167,000 | 383,799,000 | 335,028,000 | 390,965,000 | - |
| EBITDA Margin | 69.2% | 0.17 | 0.10 | 0.09 | 0.10 | - |
| Earnings Before Taxes | 36.5% | -444,402,000 | -700,036,000 | -930,877,000 | -969,304,000 | -929,300,000 |
| EBT Margin | 24.1% | -0.19 | -0.25 | -0.25 | -0.23 | - |
| Interest Expenses | 5.5% | 686,467,000 | 650,885,000 | 624,226,000 | 609,274,000 | 604,868,000 |
| Net Income | 46.2% | -228,200,000 | -423,856,000 | -633,457,000 | -656,814,000 | -658,132,000 |
| Net Income Margin | 32.4% | -0.11 | -0.17 | -0.17 | -0.17 | - |
| Free Cahsflow | 27.1% | -371,399,000 | -509,617,000 | -519,885,000 | -432,800,000 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 2.3% | 13,724 | 13,415 | 11,779 | 11,789 | 12,179 |
| Current Assets | 5.6% | 4,253 | 4,030 | 2,323 | 2,371 | 2,666 |
| Cash Equivalents | 7.9% | 3,939 | 3,650 | 1,940 | 2,010 | 2,317 |
| Inventory | -1.3% | 69.00 | 70.00 | 68.00 | 69.00 | 72.00 |
| Net PPE | -1.0% | 6,826 | 6,896 | 8,499 | 8,597 | 8,671 |
| Goodwill | 0% | 91.00 | 91.00 | 99.00 | - | - |
| Liabilities | 1.9% | 15,340 | 15,055 | 13,376 | 13,163 | 13,213 |
| Current Liabilities | -24.3% | 1,371 | 1,811 | 1,635 | 1,617 | 1,154 |
| Long Term Debt | 1.7% | 12,117 | 11,912 | 11,923 | - | - |
| LT Debt, Current | -73.9% | 143 | 548 | 546 | 545 | 50.00 |
| LT Debt, Non Current | 4.6% | 12,107 | 11,569 | 11,570 | 11,368 | 11,873 |
| Shareholder's Equity | 1.5% | -1,616 | -1,640 | -1,033 | - | - |
| Retained Earnings | 0.5% | -2,699 | -2,711 | -2,744 | -2,601 | -2,471 |
| Additional Paid-In Capital | 0.6% | 3,605 | 3,584 | 3,584 | 3,566 | 3,572 |
| Accumulated Depreciation | 2.4% | 6,078 | 5,938 | 5,829 | - | - |
| Shares Outstanding | 0.4% | 114 | 113 | 113 | 114 | 116 |
| Minority Interest | -1.1% | -898 | -889 | -833 | -764 | -696 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 402.5% | 216 | -71.27 | -158 | -153 | -86.07 |
| Share Based Compensation | 1.2% | 68.00 | 68.00 | 69.00 | 74.00 | 85.00 |
| Cashflow From Investing | -2.6% | 1,314 | 1,349 | -396 | -415 | -391 |
| Cashflow From Financing | 465.1% | 86.00 | -23.68 | 177 | -209 | -91.69 |
| Dividend Payments | -68.4% | 0.00 | 1.00 | 2.00 | 2.00 | 2.00 |
| Buy Backs | -0.4% | 187 | 187 | 181 | 159 | 21.00 |
Risks for WYNN
What is the probability of a big loss on WYNN?
97.7%
Probability that Wynn Resorts stock will be more than 20% underwater in next one year
78.5%
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
Returns for WYNN
Cumulative Returns on WYNN
-1.4%
10-Year Cumulative Returns
2.0%
7-Year Cumulative Returns
-11.3%
5-Year Cumulative Returns
6.0%
3-Year Cumulative Returns
What are the long-term rolling returns for WYNN?
FIve years rolling returns for Wynn Resorts.
Annualized Returns
Which funds bought or sold WYNN recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-23 | Brookfield Corp /ON/ | added | 158 | 2,421,990 | 3,389,530 | 0.01% |
2023-05-23 | Toroso Investments, LLC | added | 196 | 1,148,000 | 1,528,000 | 0.03% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -8.85 | 2,164,510 | 11,292,500 | -% |
2023-05-22 | EMC Capital Management | unchanged | - | 16,000 | 57,000 | 0.05% |
2023-05-18 | SkyView Investment Advisors, LLC | new | - | 1,000 | 1,000 | -% |
2023-05-18 | TITLEIST ASSET MANAGEMENT, LLC | new | - | 327,337 | 327,337 | 0.07% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -3.81 | 2,971,000 | 12,702,000 | 0.02% |
2023-05-18 | Harvest Portfolios Group Inc. | reduced | -9.52 | 461,954 | 2,490,220 | 0.12% |
2023-05-18 | JPMORGAN CHASE & CO | added | 201 | 35,969,300 | 47,611,300 | 0.01% |
2023-05-17 | Chevy Chase Trust Holdings, LLC | added | 1.04 | 1,814,740 | 6,705,870 | 0.03% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Wynn Resorts News
Schedule 13G FIlings of Wynn Resorts
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 |
WYNN Fair Value
Recent SEC filings of Wynn Resorts
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 26, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 144 | Notice of Insider Sale Intent | |
| May 17, 2023 | 8-K | Current Report | |
| May 12, 2023 | 8-K/A | Current Report | |
| May 09, 2023 | 10-Q | Quarterly Report | |
| May 09, 2023 | 8-K | Current Report | |
| May 08, 2023 | 8-K | Current Report | |
| May 05, 2023 | 4 | Insider Trading | |
| May 05, 2023 | 4 | Insider Trading | |
| May 05, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for WYNN
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 | - |
2023-05-04 | STROM DARNELL O. | acquired | - | - | 2,286 | - |
2023-04-18 | CAMERON-DOE JULIE | sold (taxes) | -500,638 | 112 | -4,464 | cfo |
2023-03-16 | Billings Craig Scott | acquired | 641,524 | 58.85 | 10,901 | ceo |
2023-03-16 | Billings Craig Scott | sold | -1,125,640 | 103 | -10,901 | ceo |
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.
WYNN Income Statement
2023-03-31Condensed Consolidated Statements of Operations (unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Operating revenues: | ||
| Total operating revenues | $ 1,423,679 | $ 953,334 |
| Operating expenses: | ||
| General and administrative | 259,772 | 196,780 |
| Provision for credit losses | (544) | 342 |
| Pre-opening | 4,478 | 2,447 |
| Depreciation and amortization | 168,812 | 184,556 |
| Property charges and other | 2,458 | 45,720 |
| Total operating expenses | 1,254,164 | 1,048,199 |
| Operating income (loss) | 169,515 | (94,865) |
| Other income (expense): | ||
| Interest income | 40,193 | 1,280 |
| Interest expense, net of amounts capitalized | (187,740) | (152,158) |
| Change in derivatives fair value | 23,046 | 7,400 |
| Loss on debt financing transactions | (12,236) | 0 |
| Other | (30,614) | (15,127) |
| Other income (expense), net | (167,351) | (158,605) |
| Income (loss) before income taxes | 2,164 | (253,470) |
| Provision for income taxes | (1,018) | (1,140) |
| Net income (loss) | 1,146 | (254,610) |
| Less: net loss attributable to noncontrolling interests | 11,186 | 71,286 |
| Net income (loss) attributable to Wynn Resorts, Limited | $ 12,332 | $ (183,324) |
| Net income (loss) attributable to Wynn Resorts, Limited: | ||
| Basic (in usd per share) | $ 0.11 | $ (1.59) |
| Diluted (in usd per share) | $ (0.02) | $ (1.59) |
| Weighted average common shares outstanding: | ||
| Basic (in shares) | 112,753 | 115,030 |
| Diluted (in shares) | 113,116 | 115,030 |
| Casino | ||
| Operating revenues: | ||
| Total operating revenues | $ 766,992 | $ 489,862 |
| Operating expenses: | ||
| Cost of goods and services sold | 473,385 | 324,079 |
| Rooms | ||
| Operating revenues: | ||
| Total operating revenues | 272,529 | 170,376 |
| Operating expenses: | ||
| Cost of goods and services sold | 72,702 | 58,715 |
| Food and beverage | ||
| Operating revenues: | ||
| Total operating revenues | 232,611 | 174,020 |
| Operating expenses: | ||
| Cost of goods and services sold | 180,619 | 146,656 |
| Entertainment, retail and other | ||
| Operating revenues: | ||
| Total operating revenues | 151,547 | 119,076 |
| Operating expenses: | ||
| Cost of goods and services sold | $ 92,482 | $ 88,904 |
WYNN Balance Sheet
2023-03-31Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 3,843,528 | $ 3,650,440 |
| Restricted cash | 5,655 | 4,819 |
| Accounts receivable, net of allowance for credit losses of $57,136 and $78,842 | 227,332 | 216,033 |
| Inventories | 69,182 | 70,094 |
| Prepaid expenses and other | 107,583 | 88,201 |
| Total current assets | 4,253,280 | 4,029,587 |
| Property and equipment, net | 6,826,026 | 6,896,060 |
| Restricted cash | 89,784 | 127,731 |
| Goodwill and intangible assets, net | 451,739 | 245,253 |
| Operating lease assets | 1,849,556 | 1,853,164 |
| Other assets | 253,636 | 263,305 |
| Total assets | 13,724,021 | 13,415,100 |
| Current liabilities: | ||
| Accounts and construction payables | 183,183 | 197,474 |
| Customer deposits | 490,848 | 506,148 |
| Gaming taxes payable | 118,335 | 44,967 |
| Accrued compensation and benefits | 126,171 | 187,160 |
| Accrued interest | 128,553 | 135,630 |
| Current portion of long-term debt | 143,162 | 547,543 |
| Other accrued liabilities | 180,663 | 192,501 |
| Total current liabilities | 1,370,915 | 1,811,423 |
| Long-term debt | 12,106,970 | 11,569,316 |
| Long-term operating lease liabilities | 1,627,518 | 1,615,157 |
| Other long-term liabilities | 234,988 | 59,569 |
| Total liabilities | 15,340,391 | 15,055,465 |
| Commitments and contingencies (Note 16) | ||
| Stockholders' deficit: | ||
| Preferred stock, par value $0.01; 40,000,000 shares authorized; zero shares issued and outstanding | 0 | 0 |
| Common stock, par value $0.01; 400,000,000 shares authorized; 132,801,971 and 132,256,185 shares issued; 113,808,044 and 113,369,439 shares outstanding, respectively | 1,328 | 1,323 |
| Treasury stock, at cost; 18,993,927 and 18,886,746 shares, respectively | (1,634,706) | (1,623,872) |
| Additional paid-in capital | 3,604,945 | 3,583,923 |
| Accumulated other comprehensive income (loss) | 10,475 | (404) |
| Accumulated deficit | (2,699,476) | (2,711,808) |
| Total Wynn Resorts, Limited stockholders' deficit | (717,434) | (750,838) |
| Noncontrolling interests | (898,936) | (889,527) |
| Total stockholders' deficit | (1,616,370) | (1,640,365) |
| Total liabilities and stockholders' deficit | $ 13,724,021 | $ 13,415,100 |