News coverage about Wynn Resorts (NASDAQ:WYNN) has trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. 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 earned a news impact score of 0.11 on Accern’s scale. Accern also assigned media coverage about the casino operator an impact score of 44.7366649990091 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s rankings:
Shares of WYNN stock traded down $5.27 on Wednesday, reaching $178.92. 5,680,903 shares of the company’s stock traded hands, compared to its average volume of 4,586,082. Wynn Resorts has a 1-year low of $110.18 and a 1-year high of $203.63. The firm has a market capitalization of $18,710.11, a P/E ratio of 24.61 and a beta of 1.51. The company has a current ratio of 1.77, a quick ratio of 1.74 and a debt-to-equity ratio of 8.87.
Wynn Resorts (NASDAQ:WYNN) last announced its quarterly earnings results on Monday, January 22nd. The casino operator reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.07. The company had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.56 billion. Wynn Resorts had a net margin of 11.85% and a return on equity of 100.14%. The company’s revenue for the quarter was up 29.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.50 earnings per share. equities analysts expect that Wynn Resorts will post 7.82 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 27th. Investors of record on Thursday, February 15th were paid a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $2.00 annualized dividend and a dividend yield of 1.12%. Wynn Resorts’s dividend payout ratio is 27.51%.
A number of analysts recently issued reports on the company. Morgan Stanley reiterated a “hold” rating and set a $194.00 price target (up previously from $193.00) on shares of Wynn Resorts in a report on Thursday, March 15th. Jefferies Group reiterated a “positive” rating and set a $220.00 price target on shares of Wynn Resorts in a report on Tuesday, January 23rd. TheStreet upgraded Wynn Resorts from a “c+” rating to a “b-” rating in a report on Tuesday, December 12th. UBS cut Wynn Resorts from a “buy” rating to a “neutral” rating and set a $174.00 price target for the company. in a report on Monday, January 29th. Finally, JPMorgan Chase & Co. upgraded Wynn Resorts from a “neutral” rating to an “overweight” rating in a report on Wednesday, February 7th. Eleven research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $185.80.
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Wynn Resorts Company Profile
Wynn Resorts, Limited develops, owns, and operates destination casino resorts. As of February 15, 2018, the company's Wynn Macau segment had approximately 273,000 square feet of casino space, which offered 316 table games and 988 slot machines, private gaming salons, sky casinos, and a poker pit; 2 luxury hotel towers with a total of 1,008 guest rooms and suites; 8 food and beverage outlets; 59,000 square feet of retail space; 31,000 square feet of meeting and convention space; recreation and leisure facilities comprising 2 health clubs, spas, a salon, and a pool; and a rotunda show, a Chinese zodiac-inspired ceiling.
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