WYNN Chart
About

Wynn Resorts, Limited designs, develops, and operates integrated resorts. It operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral displays. The Wynn Macau segment operates casino space with private gaming salons, sky casinos, and a poker room; a luxury hotel tower, that include health clubs, spas, a salon, and a pool; food and beverage outlets; retail space; meeting and convention space; and Chinese zodiac-inspired ceiling attractions. The Las Vegas Operations segment operates casino space with private gaming salons, a sky casino, a poker room, and a race and sports book; a luxury hotel tower with suites, and villas, including swimming pools, private cabanas, full-service spas and salons, and a wedding chapel; food and beverage outlets; meeting and convention space; retail space; and theaters, nightclubs, a beach club. The Encore Boston Harbor segment operates casino space with gaming areas, and a poker room; a luxury hotel tower including a spa and salon; food and beverage outlets and a nightclub; retail space; meeting and convention space; and a waterfront park, floral displays, and water shuttle service. Wynn Resorts, Limited was incorporated in 2002 and is based in Las Vegas, Nevada.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Resorts & Casinos Market Cap 11.06B
Enterprise Value 20.73B Income 327.33M Sales 7.14B
Book/sh -3.59 Cash/sh 19.05 Dividend Yield 91.00%
Payout 31.85% Employees — IPO —
P/E 33.87 Forward P/E 17.78 PEG —
P/S 1.55 P/B -29.59 P/C —
EV/EBITDA 11.96 EV/Sales 2.90 Quick Ratio —
Current Ratio — Debt/Eq — LT Debt/Eq —
EPS (ttm) 3.14 EPS next Y 5.98 EPS Growth -65.20%
Revenue Growth 1.50% Earnings 2026-05-06 ROA —
ROE — ROIC — Gross Margin 41.43%
Oper. Margin 14.72% Profit Margin 4.59% Shs Outstand 103.97M
Shs Float 74.23M Short Float 6.10% Short Ratio 4.18
Short Interest — 52W High 134.72 52W Low 65.25
Beta 1.01 Avg Volume 1.48M Volume 332.44K
Target Price $142.00 Recom Strong_buy Prev Close $109.44
Price $106.36 Change -2.81%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$142.00
Mean price target
2. Current target
$106.34
Latest analyst target
3. DCF / Fair value
$47.10
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$106.34
Low
$118.00
High
$161.00
Mean
$142.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-25 main Morgan Stanley Overweight → Overweight $136
2026-02-23 main UBS Buy → Buy $146
2026-02-17 main Mizuho Outperform → Outperform $134
2026-02-13 main Stifel Buy → Buy $150
2026-02-13 main Macquarie Outperform → Outperform $152
2026-02-13 main Wells Fargo Overweight → Overweight $147
2026-01-16 main UBS Buy → Buy $148
2026-01-16 main Barclays Overweight → Overweight $143
2026-01-16 main Morgan Stanley Overweight → Overweight $139
2025-12-08 main Jefferies Buy → Buy $155
2025-12-08 main Macquarie Outperform → Outperform $143
2025-12-08 main JP Morgan Overweight → Overweight $145
2025-12-08 main Stifel Buy → Buy $160
2025-11-25 main Morgan Stanley Overweight → Overweight $132
2025-11-21 up Citigroup Neutral → Buy $160
2025-11-18 init Wells Fargo — → Overweight $151
2025-11-13 main Mizuho Outperform → Outperform $131
2025-11-07 main JP Morgan Overweight → Overweight $138
2025-11-07 main Barclays Overweight → Overweight $141
2025-10-16 main JP Morgan Overweight → Overweight $136
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 70906 — — Stock Award(Grant) at price 0.00 per share. BILLINGS CRAIG SCOTT Chief Executive Officer — 2026-01-07 00:00:00 D
1 16952 — — Stock Award(Grant) at price 0.00 per share. CAMERON-DOE JULIE Chief Financial Officer — 2026-01-07 00:00:00 D
2 12453 — — Stock Award(Grant) at price 0.00 per share. KRUM JACQUI General Counsel — 2026-01-07 00:00:00 D
3 30312 nan — — BILLINGS CRAIG SCOTT Chief Executive Officer — 2026-01-07 00:00:00 D
4 5789 nan — — CAMERON-DOE JULIE Chief Financial Officer — 2026-01-07 00:00:00 D
5 4438 554750.0 — Sale at price 125.00 per share. MULROY ELIZABETH PATRICIA Director — 2025-09-02 00:00:00 D
6 4438 302894.0 — Conversion of Exercise of derivative security at price 68.25 per share. MULROY ELIZABETH PATRICIA Director — 2025-09-02 00:00:00 D
7 2262 208375.0 — Sale at price 92.12 per share. MULROY ELIZABETH PATRICIA Director — 2025-05-29 00:00:00 D
8 2262 154382.0 — Conversion of Exercise of derivative security at price 68.25 per share. MULROY ELIZABETH PATRICIA Director — 2025-05-29 00:00:00 D
9 6066 — — Stock Award(Grant) at price 0.00 per share. SANFILIPPO ANTHONY MICHAEL Director — 2025-04-30 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-1.09M-39.84M13.47M-12.48M
TaxRateForCalcs0.010.210.210.27
NormalizedEBITDA2.17B1.91B579.02M356.23M
TotalUnusualItems-181.97M-189.74M64.15M-46.22M
TotalUnusualItemsExcludingGoodwill-181.97M-189.74M64.15M-46.22M
NetIncomeFromContinuingOperationNetMinorityInterest501.08M729.99M-423.86M-755.79M
ReconciledDepreciation658.89M687.27M692.32M715.96M
ReconciledCostOfRevenue4.03B3.71B2.39B2.56B
EBITDA1.99B1.72B643.17M310.01M
EBIT1.33B1.04B-49.15M-405.95M
NetInterestIncome-560.98M-588.41M-621.13M-604.41M
InterestExpense688.41M751.51M650.88M605.56M
InterestIncome130.34M175.78M29.76M3.21M
NormalizedIncome681.96M879.89M-474.53M-722.04M
NetIncomeFromContinuingAndDiscontinuedOperation501.08M729.99M-423.86M-755.79M
TotalExpenses5.77B5.46B3.91B4.10B
TotalOperatingIncomeAsReported1.13B840.17M-100.68M-394.54M
DilutedAverageShares104.24M110.27M112.86M113.62M
BasicAverageShares103.70M109.97M112.52M113.62M
DilutedEPS3.144.356.32-3.73
BasicEPS3.164.566.49-3.73
DilutedNIAvailtoComStockholders480.07M713.50M-423.86M-755.79M
AverageDilutionEarnings-21.00M-16.50M0.00
NetIncomeCommonStockholders501.08M729.99M-423.86M-755.79M
NetIncome501.08M729.99M-423.86M-755.79M
MinorityInterests-138.64M-52.22M285.51M256.20M
NetIncomeIncludingNoncontrollingInterests639.72M782.22M-709.37M-1.01B
NetIncomeContinuousOperations639.72M782.22M-709.37M-1.01B
TaxProvision3.68M-496.83M9.33M474.00K
PretaxIncome643.40M285.38M-700.04M-1.01B
OtherIncomeExpense-152.80M-201.22M69.96M-70.15M
OtherNonOperatingIncomeExpenses29.17M-11.48M5.81M-23.93M
SpecialIncomeCharges-224.45M-234.84M-133.79M-57.58M
GainOnSaleOfPPE3.90M-20.70M
GainOnSaleOfBusiness-94.60M
OtherSpecialCharges228.35M25.05M85.76M47.33M
ImpairmentOfCapitalAssets0.0094.49M48.04M10.25M
GainOnSaleOfSecurity42.48M45.10M197.94M11.36M
NetNonOperatingInterestIncomeExpense-560.98M-588.41M-621.13M-604.41M
TotalOtherFinanceCost2.91M12.68M2.06M
InterestExpenseNonOperating688.41M751.51M650.88M605.56M
InterestIncomeNonOperating130.34M175.78M29.76M3.21M
OperatingIncome1.36B1.08B-148.87M-336.96M
OperatingExpense1.74B1.75B1.52B1.54B
OtherOperatingExpenses20.64M6.82M
ProvisionForDoubtfulAccounts4.99M-3.96M-7.29M29.49M
DepreciationAmortizationDepletionIncomeStatement658.89M687.27M692.32M715.96M
DepreciationAndAmortizationInIncomeStatement658.89M687.27M692.32M715.96M
SellingGeneralAndAdministration1.08B1.07B830.45M796.59M
GeneralAndAdministrativeExpense1.08B1.07B830.45M796.59M
OtherGandA1.08B1.07B830.45M796.59M
GrossProfit3.10B2.82B1.37B1.21B
CostOfRevenue4.03B3.71B2.39B2.56B
TotalRevenue7.13B6.53B3.76B3.76B
OperatingRevenue7.13B6.53B3.76B3.76B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber25.76M21.26M18.89M15.73M
OrdinarySharesNumber107.82M111.74M113.37M115.71M
ShareIssued133.58M133.00M132.26M131.45M
NetDebt8.12B8.86B8.47B9.41B
TotalDebt12.17B13.37B13.73B12.05B
TangibleBookValue-497.22M-581.09M-996.09M-522.00M
InvestedCapital10.32B11.49B11.37B11.72B
WorkingCapital1.38B2.04B2.22B1.59B
NetTangibleAssets-497.22M-581.09M-996.09M-522.00M
CapitalLeaseObligations1.62B1.63B1.62B115.19M
CommonStockEquity-224.16M-251.38M-750.84M-214.42M
TotalCapitalization10.28B10.78B10.82B11.67B
TotalEquityGrossMinorityInterest-968.60M-1.10B-1.64B-836.22M
MinorityInterest-744.44M-849.55M-889.53M-621.80M
StockholdersEquity-224.16M-251.38M-750.84M-214.42M
GainsLossesNotAffectingRetainedEarnings-5.70M3.41M-404.00K6.00M
OtherEquityAdjustments-5.70M3.41M-404.00K6.00M
TreasuryStock2.24B1.84B1.62B1.44B
RetainedEarnings-1.68B-2.07B-2.71B-2.29B
AdditionalPaidInCapital3.70B3.65B3.58B3.50B
CapitalStock1.34M1.33M1.32M1.31M
CommonStock1.34M1.33M1.32M1.31M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest13.95B15.10B15.06B13.37B
TotalNonCurrentLiabilitiesNetMinorityInterest12.41B12.90B13.24B12.08B
OtherNonCurrentLiabilities282.66M236.21M59.57M79.43M
LongTermDebtAndCapitalLeaseObligation12.12B12.66B13.18B12.00B
LongTermCapitalLeaseObligation1.62B1.63B1.62B115.19M
LongTermDebt10.50B11.03B11.57B11.88B
CurrentLiabilities1.54B2.20B1.81B1.29B
CurrentDeferredLiabilities508.65M543.29M506.15M436.39M
CurrentDeferredRevenue508.65M543.29M506.15M436.39M
CurrentDebtAndCapitalLeaseObligation41.25M709.59M547.54M50.00M
CurrentDebt41.25M709.59M547.54M50.00M
PensionandOtherPostRetirementBenefitPlansCurrent229.31M212.65M187.16M206.22M
PayablesAndAccruedExpenses760.33M734.93M570.57M595.27M
CurrentAccruedExpenses383.20M353.83M328.13M351.55M
InterestPayable132.51M141.90M135.63M132.88M
Payables377.13M381.10M242.44M243.72M
TotalTaxPayable171.98M172.83M44.97M73.17M
AccountsPayable205.15M208.26M197.47M170.54M
TotalAssets12.98B14.00B13.42B12.53B
TotalNonCurrentAssets10.06B9.75B9.39B9.65B
OtherNonCurrentAssets956.95M402.64M391.04M210.66M
NonCurrentDeferredAssets507.72M500.88M0.00
NonCurrentDeferredTaxesAssets507.72M500.88M0.00
GoodwillAndOtherIntangibleAssets273.06M329.71M245.25M307.58M
OtherIntangibleAssets254.60M311.25M154.73M177.84M
Goodwill18.46M18.46M90.52M129.74M
NetPPE8.32B8.52B8.75B9.14B
AccumulatedDepreciation-7.06B-6.58B-6.05B-5.73B
GrossPPE15.38B15.11B14.80B14.86B
ConstructionInProgress287.44M162.59M112.03M250.38M
OtherProperties1.80B1.83B1.85B371.37M
MachineryFurnitureEquipment3.53B3.42B3.28B3.18B
BuildingsAndImprovements8.55B8.46B8.36B9.79B
LandAndImprovements1.21B1.23B1.20B1.28B
Properties0.000.000.000.00
CurrentAssets2.92B4.24B4.03B2.88B
OtherCurrentAssets99.96M88.20M
RestrictedCash0.0018.00K4.82M4.90M
PrepaidAssets95.72M99.96M88.20M79.06M
Inventory75.78M75.55M70.09M69.97M
Receivables324.02M341.71M216.03M199.46M
AccountsReceivable324.02M341.71M216.03M199.46M
AllowanceForDoubtfulAccountsReceivable-37.69M-40.08M-78.84M-111.32M
GrossAccountsReceivable361.71M381.79M294.88M310.78M
CashCashEquivalentsAndShortTermInvestments2.43B3.72B3.65B2.52B
OtherShortTermInvestments0.00845.19M0.00
CashAndCashEquivalents2.43B2.88B3.65B2.52B
CashEquivalents787.00M1.80B1.95B500.98M
CashFinancial1.64B1.08B1.70B2.02B
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow1.00B794.33M-383.60M-569.28M
RepurchaseOfCapitalStock-401.80M-212.46M-187.50M-13.84M
RepaymentOfDebt-3.08B-1.55B-68.19M-2.50B
IssuanceOfDebt1.88B1.20B211.44M1.34B
IssuanceOfCapitalStock0.000.00841.90M
CapitalExpenditure-422.54M-453.55M-312.32M-346.69M
InterestPaidSupplementalData658.44M688.35M618.39M581.65M
IncomeTaxPaidSupplementalData10.16M10.31M5.29M1.75M
EndCashPosition2.52B2.97B3.78B2.53B
BeginningCashPosition2.97B3.78B2.53B3.49B
EffectOfExchangeRateChanges3.53M282.00K-2.09M-2.30M
ChangesInCash-451.15M-813.86M1.25B-953.02M
FinancingCashFlow-1.79B-719.21M-23.68M-388.00M
CashFlowFromContinuingFinancingActivities-1.79B-719.21M-23.68M-388.00M
NetOtherFinancingCharges-58.19M-71.59M22.02M-50.73M
ProceedsFromStockOptionExercised1.02M1.97M0.000.00
CashDividendsPaid-139.56M-84.73M-1.45M-1.55M
CommonStockDividendPaid-139.56M-84.73M-1.45M-1.55M
NetCommonStockIssuance-401.80M-212.46M-187.50M828.05M
CommonStockPayments-401.80M-212.46M-187.50M-13.84M
CommonStockIssuance0.000.00841.90M
NetIssuancePaymentsOfDebt-1.20B-352.39M143.25M-1.16B
NetLongTermDebtIssuance-1.20B-352.39M143.25M-1.16B
LongTermDebtPayments-3.08B-1.55B-68.19M-2.50B
LongTermDebtIssuance1.88B1.20B211.44M1.34B
InvestingCashFlow-83.56M-1.34B1.35B-342.42M
CashFlowFromContinuingInvestingActivities-83.56M-1.34B1.35B-342.42M
NetOtherInvestingChanges52.40M1.16M1.47M4.27M
NetInvestmentPurchaseAndSale850.00M-836.52M0.000.00
SaleOfInvestment850.00M0.000.00
PurchaseOfInvestment0.00-836.52M0.000.00
NetInvestmentPropertiesPurchaseAndSale0.000.001.70B0.00
SaleOfInvestmentProperties0.000.001.70B0.00
NetBusinessPurchaseAndSale-563.42M-53.63M-40.18M0.00
SaleOfBusiness0.000.00
PurchaseOfBusiness-563.42M-53.63M-40.18M
NetIntangiblesPurchaseAndSale-2.62M-10.75M-12.20M-56.03M
PurchaseOfIntangibles-2.62M-10.75M-12.20M-56.03M
CapitalExpenditureReported-419.93M-442.79M-300.13M-290.66M
OperatingCashFlow1.43B1.25B-71.27M-222.59M
CashFlowFromContinuingOperatingActivities1.43B1.25B-71.27M-222.59M
ChangeInWorkingCapital-35.78M1.84M-56.62M-141.02M
ChangeInOtherWorkingCapital-36.97M37.95M69.69M-207.88M
ChangeInPayablesAndAccruedExpense-38.92M93.66M-97.24M117.80M
ChangeInInventory26.63M-6.03M-19.74M-21.50M
ChangeInReceivables13.48M-123.75M-9.34M-29.44M
OtherNonCashItems145.76M156.71M88.73M91.48M
StockBasedCompensation59.03M64.52M67.63M95.24M
ProvisionandWriteOffofAssets4.99M-3.96M-7.29M29.49M
AssetImpairmentCharge0.0094.49M48.04M10.25M
DeferredTax-6.84M-502.78M3.24M-2.71M
DeferredIncomeTax-6.84M-502.78M3.24M-2.71M
DepreciationAmortizationDepletion658.89M687.27M692.32M715.96M
DepreciationAndAmortization658.89M687.27M692.32M715.96M
OperatingGainsLosses-39.56M-32.41M-197.94M-9.30M
GainLossOnInvestmentSecurities-42.48M-45.10M-197.94M-11.36M
NetIncomeFromContinuingOperations639.72M782.22M-709.37M-1.01B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for WYNN
Date User Asset Broker Type Position Size Entry Price Patterns