Zacks Research Increases Earnings Estimates for Wynn Resorts

Posted by Brian Himes on Aug 26th, 2026

Wynn Resorts, Limited (NASDAQ:WYNN – Free Report) – Equities research analysts at Zacks Research raised their Q3 2026 earnings per share estimates for Wynn Resorts in a report issued on Tuesday, August 25th. Zacks Research analyst Team now expects that the casino operator will post earnings per share of $0.84 for the quarter, up from their previous estimate of $0.77. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Wynn Resorts’ current full-year earnings is $4.63 per share. Zacks Research also issued estimates for Wynn Resorts’ Q4 2026 earnings at $1.05 EPS, FY2026 earnings at $4.38 EPS, Q1 2027 earnings at $1.32 EPS, Q2 2027 earnings at $1.17 EPS, FY2027 earnings at $5.03 EPS and Q1 2028 earnings at $1.42 EPS.

Wynn Resorts (NASDAQ:WYNN – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The casino operator reported $1.24 EPS for the quarter, topping the consensus estimate of $0.99 by $0.25. Wynn Resorts had a net margin of 6.05% and a negative return on equity of 46.52%. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter last year, the firm posted $1.09 EPS. The firm’s revenue was up 6.9% compared to the same quarter last year.

WYNN has been the subject of several other research reports. Mizuho reduced their price target on shares of Wynn Resorts from $133.00 to $125.00 and set an “outperform” rating for the company in a report on Tuesday, July 28th. JPMorgan Chase & Co. reduced their price objective on shares of Wynn Resorts from $135.00 to $134.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Truist Financial initiated coverage on Wynn Resorts in a report on Wednesday, July 8th. They set a “buy” rating and a $125.00 target price for the company. Bank of America cut their price target on Wynn Resorts from $150.00 to $140.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $137.00 target price on shares of Wynn Resorts in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $134.19.

Check Out Our Latest Stock Analysis on WYNN

Wynn Resorts Price Performance

NASDAQ:WYNN opened at $98.74 on Wednesday. Wynn Resorts has a 1-year low of $92.52 and a 1-year high of $134.72. The company has a 50-day moving average of $99.55 and a 200 day moving average of $102.77. The firm has a market cap of $10.17 billion, a PE ratio of 24.50, a price-to-earnings-growth ratio of 0.88 and a beta of 1.01.

Wynn Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 14th. Wynn Resorts’s payout ratio is currently 24.81%.

Institutional Trading of Wynn Resorts

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Capital World Investors raised its stake in shares of Wynn Resorts by 0.6% in the fourth quarter. Capital World Investors now owns 9,542,392 shares of the casino operator’s stock worth $1,148,236,000 after purchasing an additional 61,209 shares during the last quarter. California State Teachers Retirement System raised its holdings in shares of Wynn Resorts by 9,349.7% during the second quarter. California State Teachers Retirement System now owns 9,093,255 shares of the casino operator’s stock worth $882,864,000 after purchasing an additional 8,997,027 shares during the last quarter. BlackRock Inc. acquired a new position in Wynn Resorts during the second quarter valued at $609,566,000. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in Wynn Resorts by 9.5% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,680,631 shares of the casino operator’s stock valued at $442,890,000 after purchasing an additional 320,502 shares during the last quarter. Finally, Egerton Capital UK LLP acquired a new position in shares of Wynn Resorts in the 4th quarter valued at about $249,053,000. Institutional investors and hedge funds own 88.64% of the company’s stock.

Trending Headlines about Wynn Resorts

Here are the key news stories impacting Wynn Resorts this week:

Positive Sentiment: Zacks Research raised several EPS forecasts: Q3 2026 increased to $0.84 from $0.77, FY2026 to $4.38 from $4.18, Q1 2027 to $1.32 from $1.30, Q2 2027 to $1.17 from $1.08, FY2027 to $5.03 from $4.92, and Q1 2028 to $1.42 from $1.41. The upgrades imply better expected operating performance across Wynn’s casino and hospitality businesses.
Positive Sentiment: Wynn Al Marjan Island introduced ultra-luxury townhomes, including residences totaling up to 1,110 square meters. The launch expands the resort’s high-end accommodation offering and could support future demand and revenue, although no financial contribution was disclosed. Wynn Al Marjan Island introduces townhome accommodations
Neutral Sentiment: Zacks maintained its “Hold” rating. Despite the higher forward estimates, the firm did not issue a bullish rating change. Its FY2026 EPS forecast of $4.38 also remains below the broader current-year consensus of $4.63.
Neutral Sentiment: Reported short-interest data showed zero shares short and a zero-day days-to-cover ratio, but the reported increase was listed as “NaN,” indicating a likely data-quality or reporting issue rather than a meaningful change in investor positioning.
Negative Sentiment: Zacks lowered its Q4 2026 EPS estimate to $1.05 from $1.09, partially offsetting the upgrades to other quarters and signaling some near-term earnings pressure.

Wynn Resorts Company Profile

(Get Free Report)

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.