Wynn Resorts, Limited owns and operates travel destinations for casino resorts. On February 20, 2019, the company’s Wynn Palace segment will have a casino area ofapproximately 424,000 square meters and will offer 320 table games and 1,041 slot machines, private game rooms, and sky casinos. Luxury hotel tower with 1706 rooms, apartments, and villas; 13
Wynn Resorts, Limited owns and operates travel destinations for casino resorts. On February 20, 2019, the company’s Wynn Palace segment will have a casino area ofapproximately 424,000 square meters and will offer 320 table games and 1,041 slot machines, private game rooms, and sky casinos.
Luxury hotel tower with 1706 rooms, apartments, and villas; 13 food and beverage outlets; 106,000 square meters of retail space; 37,000 square meters meeting and conference room; Recreational and entertainment options such as a gondola, gym, spa, lounge and swimming pool; and public attractions such as lakes for sea and flower art performances. The company was founded in 2002 and based in Las Vegas, Nevada.
Wynn stocks details
Wynn Resorts traded or wynn stock at https://www.webull.com/quote/nasdaq-wynn at $ 80.87 on March 11, 2020, when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WYNN shares have gone up 3.0% and are now trading at $ 83.28. Wynn Resorts, Limited (NASDAQ: WYNN) releases quarterly earnings data on Wednesday, May 6.
The casino operator reported $ 3.54 earnings per share for the quarter due to a lack of analyst estimates from $ 1.05 to $ 2.49. Casino operators earned $ 953.70 million in the quarter, compared with analysts’ expectations of $ 887.81 million. Wynn Resorts has a negative net margin of 6.49% and a negative return on equity of 17.92%. Business sales decline by 42.2% every year. In the same period last year, the company posted a profit of $ 1.61 per share.
Wynn Resorts approved a three-month dividend on Thursday, February 6. Shareholders registered on Wednesday, February 26, will receive a dividend of $ 1.00 per share on Friday, March 6. This is equivalent to an annual dividend of $ 4.00 and a dividend profit of 4.80%. The previous dividend date was Tuesday, February 25.
Wynn Resorts saw a short interest rate increase in May. On May 15, there was an interest in 11,670,000 shares, an increase of 17.8% from 30 April, for a total of 9,910,000 shares. Based on an average daily volume of 6,610,000 shares, the coverage ratio for today is 1.8 days. Around 11.5% of the company’s shares are sold short.
Wynn Resorts shares wynn stock are owned by several investors and private institutions. Leading institutional investors to include BlackRock Inc. (5.99%), World Capital Investors (5.82%), International Capital Investors (4.77%), State Street Corp (3.67%), Bank of New York Mellon Corp (1.52%) and Melvin Capital Management LP (1.51%). Insiders with shares in Wynn Resorts include Craig Scott Billings, Matt Maddock, Patricia Mulroy, and Philip G. Satre.
One WYNN share can now be purchased for around $ 83.28. Wynn Resorts has a market capitalization of $ 8.98 billion and annual sales of $ 6.61 billion. The casino operator generated a net profit of $ 122.99 million or $ 2.61 per year based on earnings per share. Wynn Resorts employs 30,200 people worldwide. You can also check at https://www.webull.com/quote .