Wynn Resorts, Limited (NASDAQ:WYNN) Earns Media Impact Score of 0.15
Media coverage about Wynn Resorts, Limited (NASDAQ:WYNN) has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Wynn Resorts, Limited earned a news impact score of 0.15 on Accern’s scale. Accern also assigned press coverage about the casino operator an impact score of 46.0240199923459 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern’s scoring:
- Wynn Resorts, Limited’s (WYNN) Neutral Rating Reiterated at Bank of America Corporation (wisdomsave.com)
- Trexquant Investment LP Buys Shares of 9309 Wynn Resorts, Limited (WYNN) – ExpressNewsline (expressnewsline.com)
- Resorts and Casinos Stock Performance Review — Wynn Resorts, Boyd Gaming, Carnival, and La Quinta – Markets Insider (markets.businessinsider.com)
- Wynn Resorts Ltd. :WYNN-US: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017 (finance.yahoo.com)
- Wynn Resorts, Limited (WYNN) Downgraded by Zacks Investment Research (americanbankingnews.com)
A number of brokerages have recently commented on WYNN. UBS AG cut shares of Wynn Resorts, Limited from a “buy” rating to a “hold” rating in a report on Wednesday, July 26th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $134.00 target price (up from $128.00) on shares of Wynn Resorts, Limited in a report on Wednesday, July 26th. Telsey Advisory Group cut shares of Wynn Resorts, Limited from an “outperform” rating to a “market perform” rating and set a $150.00 target price for the company. in a report on Wednesday, July 26th. Union Gaming Research reaffirmed a “hold” rating on shares of Wynn Resorts, Limited in a report on Wednesday, July 26th. Finally, Instinet reaffirmed a “neutral” rating and issued a $137.00 target price (up from $130.00) on shares of Wynn Resorts, Limited in a report on Monday, June 19th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $125.62.
Shares of Wynn Resorts, Limited (NASDAQ WYNN) traded down 2.95% on Thursday, reaching $126.02. 2,174,338 shares of the company’s stock were exchanged. Wynn Resorts, Limited has a 1-year low of $82.51 and a 1-year high of $139.67. The company has a market capitalization of $12.85 billion, a P/E ratio of 47.16 and a beta of 1.72. The stock’s 50-day moving average price is $132.28 and its 200-day moving average price is $118.57.
Wynn Resorts, Limited (NASDAQ:WYNN) last released its quarterly earnings results on Tuesday, July 25th. The casino operator reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.02. Wynn Resorts, Limited had a net margin of 5.02% and a return on equity of 165.77%. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the previous year, the firm earned $1.07 EPS. Wynn Resorts, Limited’s revenue was up 44.5% on a year-over-year basis. Analysts anticipate that Wynn Resorts, Limited will post $4.92 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 22nd. Shareholders of record on Thursday, August 10th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.59%. Wynn Resorts, Limited’s dividend payout ratio (DPR) is 74.91%.
In other Wynn Resorts, Limited news, Director Clark T. Jr. Randt sold 3,000 shares of the business’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $129.00, for a total transaction of $387,000.00. Following the sale, the director now directly owns 7,711 shares in the company, valued at approximately $994,719. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Patricia Mulroy sold 2,226 shares of the business’s stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $128.08, for a total transaction of $285,106.08. Following the sale, the director now owns 8,011 shares in the company, valued at $1,026,048.88. The disclosure for this sale can be found here. Insiders have sold a total of 73,309 shares of company stock worth $9,693,891 over the last 90 days. 13.20% of the stock is owned by 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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