Wynn Resorts (NASDAQ:WYNN) Posts Quarterly Earnings Results, Misses Estimates By $0.16 EPS

Wynn Resorts (NASDAQ:WYNNGet Free Report) issued its quarterly earnings results on Thursday. The casino operator reported $1.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.16), Zacks reports. Wynn Resorts had a negative return on equity of 38.04% and a net margin of 4.59%.The firm had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.85 billion. During the same period in the prior year, the firm earned $2.42 earnings per share. The business’s revenue was up 1.5% on a year-over-year basis.

Here are the key takeaways from Wynn Resorts’ conference call:

  • Wynn Al Marjan Island is advancing rapidly (topped out at the 70th floor, ~80% exterior glass complete) and the company expects rooms to go on sale late Q3/early Q4, supporting its multi‑year strategy to generate over 55% of revenues in non‑USD markets.
  • Q4 performance was mixed — Wynn Las Vegas produced $241M adjusted property EBITDA with healthy gaming and ADRs, Boston set a slot revenue record with $57M EBITDAR, while Macau delivered strong volumes (VIP turnover +48%, mass drop +18%) but suffered ~ $16M of EBITDA loss from unusually low hold.
  • The Encore Tower remodel begins mid‑May 2026 and will take ~12 months, removing about 80,000 room nights in 2026 and creating a modest near‑term EBITDA headwind despite partial rate recapture.
  • Liquidity and capital returns remain healthy with $4.7B of global cash and revolver availability, consolidated adjusted property EBITDA > $2.2B, net leverage ~4.4x, and a continued quarterly cash dividend of $0.25 per share.
  • 2026 spending and Al Marjan funding remain material — company expects $400M–$450M of CapEx, has contributed $914.2M equity to Al Marjan to date, drawn ~$769.6M on the construction loan, and estimates ~ $450M–$550M of remaining equity needs.

Wynn Resorts Stock Performance

WYNN opened at $113.39 on Friday. The stock has a market capitalization of $11.79 billion, a PE ratio of 37.80, a P/E/G ratio of 9.32 and a beta of 1.06. Wynn Resorts has a one year low of $65.25 and a one year high of $134.72. The business’s 50 day moving average price is $118.39 and its 200 day moving average price is $120.12.

Wynn Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, February 23rd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, February 23rd. Wynn Resorts’s payout ratio is presently 22.37%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Macquarie Infrastructure reaffirmed an “outperform” rating and set a $143.00 target price on shares of Wynn Resorts in a report on Monday, December 8th. JPMorgan Chase & Co. upped their price objective on shares of Wynn Resorts from $138.00 to $145.00 and gave the company an “overweight” rating in a research note on Monday, December 8th. Barclays increased their price objective on shares of Wynn Resorts from $141.00 to $143.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Texas Capital upgraded Wynn Resorts to a “strong-buy” rating in a report on Thursday, January 8th. Finally, Susquehanna restated a “positive” rating and issued a $133.00 price target on shares of Wynn Resorts in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $139.00.

Read Our Latest Stock Analysis on WYNN

Institutional Investors Weigh In On Wynn Resorts

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Wynn Resorts by 10.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,961 shares of the casino operator’s stock worth $665,000 after purchasing an additional 754 shares during the period. Woodline Partners LP lifted its position in Wynn Resorts by 36.2% in the first quarter. Woodline Partners LP now owns 7,568 shares of the casino operator’s stock valued at $632,000 after buying an additional 2,012 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Wynn Resorts by 69.0% during the first quarter. Geneos Wealth Management Inc. now owns 382 shares of the casino operator’s stock worth $32,000 after buying an additional 156 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Wynn Resorts by 13.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,659 shares of the casino operator’s stock valued at $155,000 after acquiring an additional 201 shares during the last quarter. Finally, Guggenheim Capital LLC raised its stake in shares of Wynn Resorts by 9.5% in the 2nd quarter. Guggenheim Capital LLC now owns 10,008 shares of the casino operator’s stock valued at $937,000 after acquiring an additional 868 shares during the period. Hedge funds and other institutional investors own 88.64% of the company’s stock.

More Wynn Resorts News

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About Wynn Resorts

(Get Free Report)

Wynn Resorts, Limited (NASDAQ: WYNN) is a global developer and operator of luxury resorts and casinos, renowned for its premium hospitality offerings and integrated entertainment experiences. The company specializes in high-end hotel accommodations, gaming operations, fine dining restaurants, retail outlets, meeting and convention spaces, and live entertainment venues. Its properties are designed to cater to both leisure and business travelers seeking upscale environments and world-class service.

Founded in 2002 by hospitality entrepreneur Steve Wynn, the company opened its flagship property, Wynn Las Vegas, on the Las Vegas Strip in 2005, followed by Encore Las Vegas in 2008.

See Also

Earnings History for Wynn Resorts (NASDAQ:WYNN)

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