Zacks Research Has Negative View of Wynn Resorts Q1 Earnings

Wynn Resorts, Limited (NASDAQ:WYNN) – Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for shares of Wynn Resorts in a note issued to investors on Thursday, March 5th. Zacks Research analyst Team now expects that the casino operator will post earnings per share of $1.08 for the quarter, down from their prior forecast of $1.17. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Wynn Resorts’ current full-year earnings is $5.17 per share. Zacks Research also issued estimates for Wynn Resorts’ Q2 2026 earnings at $1.22 EPS, Q3 2026 earnings at $1.05 EPS, Q4 2026 earnings at $1.25 EPS, FY2026 earnings at $4.60 EPS, Q1 2027 earnings at $1.32 EPS, Q2 2027 earnings at $1.23 EPS, Q3 2027 earnings at $1.33 EPS, Q4 2027 earnings at $1.58 EPS, FY2027 earnings at $5.46 EPS and FY2028 earnings at $6.34 EPS.

Wynn Resorts (NASDAQ:WYNN) last issued its quarterly earnings results on Thursday, February 12th. The casino operator reported $1.17 EPS for the quarter, missing the consensus estimate of $1.33 by ($0.16). The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.85 billion. Wynn Resorts had a negative return on equity of 39.05% and a net margin of 4.59%.Wynn Resorts’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.42 EPS.

WYNN has been the topic of several other reports. Macquarie Infrastructure reiterated an “outperform” rating and issued a $143.00 price objective on shares of Wynn Resorts in a report on Monday, December 8th. Morgan Stanley decreased their target price on Wynn Resorts from $139.00 to $136.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 25th. Jefferies Financial Group boosted their price target on Wynn Resorts from $146.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Deutsche Bank Aktiengesellschaft set a $144.00 target price on shares of Wynn Resorts in a research note on Friday, February 13th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Wynn Resorts in a research report on Monday, December 29th. One research 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 stock. According to data from MarketBeat, Wynn Resorts currently has an average rating of “Moderate Buy” and a consensus price target of $138.87.

Wynn Resorts Stock Up 2.0%

Shares of NASDAQ WYNN opened at $105.37 on Friday. The firm has a market cap of $10.99 billion, a price-to-earnings ratio of 35.12, a price-to-earnings-growth ratio of 12.24 and a beta of 1.01. The company’s 50-day simple moving average is $113.91 and its 200-day simple moving average is $120.16. Wynn Resorts has a 52-week low of $65.25 and a 52-week high of $134.72.

Wynn Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.25 per share. The ex-dividend date was Monday, February 23rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.9%. Wynn Resorts’s dividend payout ratio (DPR) is currently 33.33%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC acquired a new stake in Wynn Resorts during the third quarter worth $26,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Wynn Resorts during the 3rd quarter worth about $31,000. Atlantic Edge Private Wealth Management LLC raised its holdings in Wynn Resorts by 400.0% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 250 shares of the casino operator’s stock valued at $32,000 after buying an additional 200 shares during the period. Hantz Financial Services Inc. lifted its position in Wynn Resorts by 54.9% in the fourth quarter. Hantz Financial Services Inc. now owns 251 shares of the casino operator’s stock valued at $30,000 after buying an additional 89 shares during the last quarter. Finally, Cromwell Holdings LLC boosted its stake in Wynn Resorts by 68.2% during the fourth quarter. Cromwell Holdings LLC now owns 254 shares of the casino operator’s stock worth $31,000 after buying an additional 103 shares during the period. 88.64% of the stock is currently owned by institutional investors and hedge funds.

Wynn Resorts Company Profile

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.