Wynn Resorts Ltd
WYNN:NASDAQ
| Last | Change / % Change | Dividend Yield | Volume | Avg Volume (10 day) |
| 125.16 | 1.03 0.83% | 3.22% | 880,120 | 1.1M |
Market data is delayed by at least 20 minutes.
Latest News Headlines for Wynn Resorts Ltd
Wynn Resorts is Among the Companies in the Casinos & Gaming Industry With the Highest Free Cash Flow Per Share (WYNN, CHDN, BYI)
Below are the three companies in the Casinos & Gaming industry with the highest free cash flow per share. FCF/share is a valuable metric signaling a company's ability to facilitate growth in the business.Wynn Resorts (NASDAQ:WYNN) is highest with FCF per share of $9.16. Wynn Resorts Limited owns and operates luxury hotels and destination casino resorts in Las Vegas, Nevada and in Macau, China. The resorts features guest rooms and suits, restaurants, golf courses, and on-site luxury automotive dealerships. Over the past year, Wynn Resorts has traded in a range of $90.11 to $172.58 and is now at $123.96, 38% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.3%.
Wynn Resorts (WYNN) Trading Near $122.10 Support Level
Wynn Resorts Ltd (NASDAQ: WYNN) closed Wednesday's trading session at $124.13. In the past year, the stock has hit a 52-week low of $90.11 and 52-week high of $138.28. Wynn Resorts (WYNN) stock has been showing support around $122.10 and resistance in the $125.46 range. Technical indicators for the stock are Bullish and S&P; gives Wynn Resorts (WYNN) a positive 4 STARS (out of 5) buy rating. For a hedged play on Wynn Resorts (WYNN), look at the Jun '13 $122.50 covered call for a net debit in the $117.63 area. That is also the break-even stock price for this trade. This covered call has a duration of 86 days, provides 5.24% downside protection and an assigned return rate of 4.14% for an annualized return rate of 17.57% (for comparison purposes only). A lower-cost hedged play for Wynn Resorts (WYNN) would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the Wynn Resorts (WYNN) Jan '14 $92.50 call and selling the Jun '13 $122.50 call for a total debit of $26.25. The trade has a lifespan of 86 days and would provide 4.33% downside protection and an assigned return rate of 14.29% for an annualized return rate of 61% (for comparison purposes only). Wynn Resorts (WYNN) has a current annual dividend yield of 3.29%.
Bottom 5 Companies in the Casinos & Gaming Industry with the Lowest Relative Performance (MGM, IGT, LVS, WYNN, SHFL)
View more recent headlinesAnalysis was conducted on the Casinos & Gaming industry to measure relative performance to find stocks that have underperformed. Relative underperformance is a possible bearish sign of underlying fundamental and technical weakness should it continue for an extended period of time. We looked at yesterday's price action of all companies in this peer group and measured their performance against one another. MGM Resorts International (NYSE:MGM) ranks first with a loss of 1.37%; International Game Technology (NYSE:IGT) ranks second with a loss of 1.32%; and Las Vegas Sands (NYSE:LVS) ranks third with a loss of 0.42%.
Company Background
Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts. The Company owns and operates two destination casino resorts. In Las Vegas, Nevada, it owns and operates Wynn Las Vegas, which includes Encore at Wynn Las Vegas. In the Macau Special Administrative Region of the People's Republic of China (Macau) it owns and operate Wynn Macau which includes Encore at Wynn Macau. The Company operates in two segments: Las Vegas Operations and Macau Operations.The Company's Las Vegas Operations feature approximately 4,750 hotel rooms and suites, 220 table games, 2,430 slot machines and a poker room in approximately 186,000 square feet of casino gaming space. The Company's Macau Operations feature approximately 1,008 hotel rooms and suites, 486 table games, 930 slot machines and a poker pit in approximately 265,000 square feet of casino gaming space.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 124.25 | Previous Close 124.13 |
Day High 125.409 | Day Low 123.36 |
52wk High/Date 138.28 / 5/2/2012 | 52wk Low/Date 90.108 / 7/26/2012 |
% off 52wk High -9.49% | % off 52wk Low 38.90% |
Beta (5 Yr) 2.4 | Market Capitalization 12.6B |
Shares Outstanding 100.9M | Volatility Avg 26.68 |
EPS(TTM) 4.81 | P/E Ratio 26.0x |
Dividend Announcement 1/31/2013 | Dividend Yield 3.22% |
Ex-Date 2/12/2013 | Date of Record 2/14/2013 |
Payable 1.00 - QRTR | Payable Date 2/28/2013 |
Last Trade as of 3/28/2013 4:00 PM ET | |
WYNN Wynn Resorts Ltd vs. Peers
| Peers | |
|---|---|
WYNN Wynn Resorts Ltd | 10.35% |
MGM Resorts International | 11.34% |
Las Vegas Sands Corp. | 22.01% |
Isle of Capri Casinos | 13.04% |
WYNN Wynn Resorts Ltd | 3.20% |
MGM Resorts International | -- |
Las Vegas Sands Corp. | 2.49% |
Isle of Capri Casinos | -- |
WYNN Wynn Resorts Ltd | 0.83% |
MGM Resorts International | 1.47% |
Las Vegas Sands Corp. | 0.05% |
Isle of Capri Casinos | -0.63% |