Media coverage about Wynn Resorts, Limited (NASDAQ:WYNN) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Wynn Resorts, Limited earned a news impact score of 0.16 on Accern’s scale. Accern also assigned press coverage about the casino operator an impact score of 47.8573628989666 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s scoring:
Wynn Resorts, Limited (NASDAQ WYNN) opened at $154.03 on Friday. The company has a market capitalization of $15,831.51, a PE ratio of 34.69 and a beta of 1.72. The company has a current ratio of 1.72, a quick ratio of 1.92 and a debt-to-equity ratio of 24.54. Wynn Resorts, Limited has a twelve month low of $82.51 and a twelve month high of $154.67.
Wynn Resorts, Limited (NASDAQ:WYNN) last announced its quarterly earnings data on Thursday, October 26th. The casino operator reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.24. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.56 billion. Wynn Resorts, Limited had a return on equity of 132.96% and a net margin of 6.24%. The firm’s revenue was up 45.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.74 EPS. equities analysts anticipate that Wynn Resorts, Limited will post 5.34 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 28th. Stockholders of record on Thursday, November 16th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Wednesday, November 15th. Wynn Resorts, Limited’s dividend payout ratio is presently 55.25%.
Several equities analysts have recently issued reports on WYNN shares. Barclays PLC upped their price target on Wynn Resorts, Limited from $148.00 to $155.00 and gave the company an “overweight” rating in a research note on Friday, October 27th. Stifel Nicolaus upped their price target on Wynn Resorts, Limited from $134.00 to $153.00 and gave the company a “hold” rating in a research note on Friday, October 27th. Telsey Advisory Group increased their target price on Wynn Resorts, Limited from $157.00 to $160.00 and gave the company a “market perform” rating in a research note on Friday, October 27th. Roth Capital assumed coverage on Wynn Resorts, Limited in a research note on Thursday, October 26th. They issued a “buy” rating and a $163.00 target price on the stock. Finally, TheStreet downgraded Wynn Resorts, Limited from a “b-” rating to a “c+” rating in a report on Friday, October 13th. Eleven research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $148.11.
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In other Wynn Resorts, Limited news, Director Alvin V. Shoemaker sold 15,000 shares of the stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $151.74, for a total transaction of $2,276,100.00. Following the completion of the transaction, the director now directly owns 19,162 shares of the company’s stock, valued at $2,907,641.88. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kimmarie Sinatra sold 20,795 shares of the stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $152.03, for a total value of $3,161,463.85. Following the sale, the executive vice president now owns 226,992 shares in the company, valued at approximately $34,509,593.76. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 100,146 shares of company stock valued at $14,671,932. 13.20% of the stock is currently owned by corporate insiders.
Wynn Resorts, Limited Company Profile
Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes. The Company’s segments include Macau Operations and Las Vegas Operations.
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