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Last $100.69 USD
Change Today -2.30 / -2.23%
Volume 3.0M
WYNN On Other Exchanges
Symbol
Exchange
WYNN is not on other exchanges.
As of 5:20 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

wynn resorts ltd (WYNN) Snapshot

Open
$102.75
Previous Close
$102.99
Day High
$102.99
Day Low
$100.45
52 Week High
07/29/14 - $219.26
52 Week Low
05/29/15 - $100.45
Market Cap
10.2B
Average Volume 10 Days
2.1M
EPS TTM
$5.55
Shares Outstanding
101.5M
EX-Date
05/7/15
P/E TM
18.1x
Dividend
$2.00
Dividend Yield
5.71%
Current Stock Chart for WYNN RESORTS LTD (WYNN)

wynn resorts ltd (WYNN) Details

Wynn Resorts, Limited, together with its subsidiaries, develops, owns, and operates destination casino resorts. It operates in two segments, Macau Operations and Las Vegas Operations. The company operates Wynn Macau and Encore at Wynn Macau resort located in the People’s Republic of China. As of February 13, 2015, its Macau resorts feature had approximately 284,000 square feet of casino space, which offered 24-hour gaming and a range of games with 498 table games and 625 slot machines, private gaming salons, sky casinos, and a poker; 2 luxury hotel towers with a total of 1,008 guest rooms and suites; casual and fine dining in 8 restaurants; approximately 57,000 square feet of retail shopping, including stores and boutiques; approximately 31,000 square feet of space for lounges and meeting facilities; recreation and leisure facilities, including two health clubs, spas, a salon, and a pool; and the Rotunda show. The company also owned and operated Wynn Las Vegas and Encore at Wynn Las Vegas resort with a total of 4,748 hotel rooms, suites, and villas; 232 table games; 1,849 slot machines; a race and sports book and poker room in approximately 186,000 square feet of casino gaming space, including a sky casino and private gaming salons; 34 food and beverage outlets; 2 spas and salons; lounges; and approximately 99,000 square feet of retail shopping space. Its Las Vegas resorts also offer 3 nightclubs and a beach club; a Ferrari and Maserati automobile dealership; wedding chapels; an 18-hole golf course; approximately 290,000 square feet of meeting and convention space; a theater; and two showrooms, as well as a water-based theatrical production and entertainment production. Wynn Resorts, Limited was founded in 2002 and is based in Las Vegas, Nevada.

16,800 Employees
Last Reported Date: 03/2/15
Founded in 2002

wynn resorts ltd (WYNN) Top Compensated Officers

Founder, Chairman, Chief Executive Officer, M...
Total Annual Compensation: $4.0M
President
Total Annual Compensation: $1.5M
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $1.2M
President of Wynn International Marketing Lim...
Total Annual Compensation: $1.5M
Executive Vice President, General Counsel and...
Total Annual Compensation: $840.8K
Compensation as of Fiscal Year 2014.

wynn resorts ltd (WYNN) Key Developments

Wynn Resorts Ltd. Approves Amendment to its Articles of Incorporation

At the AGM held on April 24, 2015 the shareholders of Wynn Resorts Ltd. approved an amendment to the company’s second amended and restated articles of incorporation to provide the company with additional flexibility in making distributions to its stockholders.

Wynn Resorts Ltd. Reports Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2015; Approves Quarterly Cash Dividend, Payable on May 21, 2015

Wynn Resorts Ltd. reported unaudited consolidated financial results for the first quarter ended March 31, 2015. Net revenues for the first quarter of 2015 were $1,092.2 million, compared to $1,513.6 million in the first quarter of 2014. The decline was the result of a 37.7% net revenue decrease from Macau Operations, partially offset by a 1.6% increase in net revenues from the Las Vegas Operations. Adjusted property EBITDA was $323.0 million for the first quarter of 2015, a 34.7% decrease from $494.6 million in the first quarter of 2014. On a US GAAP basis, net loss attributable to the company for the first quarter of 2015 was $44.6 million, or $0.44 per diluted share, compared to net income attributable to the company of $226.9 million, or $2.22 per diluted share, in the first quarter of 2014. Adjusted net income attributable to the company in the first quarter of 2015 was $70.5 million, or $0.70 per diluted share (adjusted EPS), compared to an adjusted net income attributable to the company of $236.7 million, or $2.32 per diluted share, in the first quarter of 2014. Operating income was $185,059,000 against $376,831,000 for the same period of last year. Loss before income taxes was $10,705,000 against $305,652,000 for the same period of last year. Total debt outstanding at the end of the quarter was $8.0 billion, including $3.4 billion of Wynn Las Vegas debt, $2.7 billion of Wynn Macau debt and $1.9 billion at the parent company. The company also announced that the company has approved a cash dividend of $0.50 per common share, a reduction from its previous quarterly dividend. This dividend will be payable on May 21, 2015, to stockholders of record on May 11, 2015.

Shareholders of Wynn Resorts Ltd Ousts Elaine Wynn from the Board

Wynn Resorts Ltd. announced that it's shareholders ousted Elaine Wynn from the board, reflecting fears that her presence may lead to disharmony with the management. Elaine Wynn, co-founder and third-largest stockholder of Wynn Resorts, failed to get renominated by the board, which has been pressure from some institutional shareholders to improve governance.

 

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WYNN Competitors

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Accor SA €49.90 EUR -1.09
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Hyatt Hotels Corp $57.46 USD -0.79
Starwood Hotels & Resorts Worldwide Inc $82.76 USD -1.33
Wyndham Worldwide Corp $84.91 USD -0.39
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Industry Analysis

WYNN

Industry Average

Valuation WYNN Industry Range
Price/Earnings 22.8x
Price/Sales 2.1x
Price/Book NM Not Meaningful
Price/Cash Flow 13.4x
TEV/Sales 0.1x
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