There have been substantial activities around Wynn Resorts Ltd. Investment groups like Russell Investments and Charles Schwab have been increasing their holdings, substantiating long term momentum growth for Wynn Resorts. Wynn Resorts' stocks have outperformed competitors constantly despite occasional losses, building investor confidence. However, potential investors who entered three years ago seem to be sitting on a 21% loss. Wynn Resorts revealed its new images from its upcoming resort, Wynn Al Marjan Island. The company has an upcoming dividend that has sparked interest among investors. Wynn Resorts' Q1 2024 earnings surpassed analyst estimates with a record EBITDAR. Subsequently, Wynn Resorts enjoyed a strong trading day. Other highlights include strategic expansions, beating revenue estimates, and strong performance from operations in Macau. Despite some hiccups related to concerns over economic weakness in China, the company seems well-positioned overall. In fact, analysts from both Wells Fargo and Stifel Nicolaus have raised the price target for Wynn Resorts.
Wynn Resorts Ltd WYNN News Analytics from Tue, 05 Sep 2023 07:00:00 GMT to Thu, 16 May 2024 18:08:05 GMT - Rating 7 - Innovation -1 - Information 6 - Rumor -8
