<div id="readability-page-1"><p>Wynn Resorts, Limited (NASDAQ:WYNN - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $78.78 and last traded at $80.31, with a volume of 1920462 shares changing hands. The stock had previously closed at $81.55.</p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Wynn Resorts: 6 Reasons to Ante Up for the Stock </li></ul><p>Several research firms have recently commented on WYNN. Barclays decreased their price target on shares of Wynn Resorts from $116.00 to $99.00 and set an &#34;overweight&#34; rating on the stock in a research note on Tuesday, April 22nd. Argus lowered Wynn Resorts from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Wednesday, April 23rd. StockNews.com cut shares of Wynn Resorts from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Wednesday, March 12th. Mizuho boosted their target price on shares of Wynn Resorts from $118.00 to $132.00 and gave the stock an &#34;outperform&#34; rating in a report on Friday, February 14th. Finally, Jefferies Financial Group upgraded Wynn Resorts from a &#34;hold&#34; rating to a &#34;buy&#34; rating and increased their price target for the stock from $105.00 to $118.00 in a report on Tuesday, February 18th. Three analysts have rated the stock with a hold rating, eleven have assigned  a buy rating and one  has issued  a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $118.17.</p><p><b>Check Out Our Latest Report on WYNN</b></p><h2>Wynn Resorts Stock Down 1.5 %</h2><ul><li>MGM Resorts Stock: Poised for Hospitality Industry Rebound</li></ul><p>The company has a market cap of $8.53 billion, a PE ratio of 19.08, a P/E/G ratio of 2.35 and a beta of 1.53. The business's fifty day moving average is $81.41 and its 200-day moving average is $86.65. </p><p>Wynn Resorts (NASDAQ:WYNN - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The casino operator reported $2.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.27 by $1.15. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.78 billion. Wynn Resorts had a net margin of 7.03% and a negative return on equity of 71.17%.  Analysts forecast that  Wynn Resorts, Limited will post 5.17 EPS for the current fiscal year. </p><h2>Wynn Resorts Dividend Announcement</h2><ul><li>How to Invest in Casino Stocks: Pros and Cons and More</li></ul><p>The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, February 24th were paid a $0.25 dividend. The ex-dividend date  was Monday, February 24th. This represents a $1.00 annualized dividend and a yield of 1.25%. Wynn Resorts's dividend payout ratio (DPR) is currently 23.75%. </p><h2>Insider Buying and Selling at Wynn Resorts</h2><p>In related news, Director Philip G. Satre bought 22,200 shares of the stock in a transaction dated Tuesday, February 18th. The shares were purchased at an average price of $92.18 per share, for a total transaction of $2,046,396.00. Following the completion of the purchase, the director now directly owns 34,195 shares of the company's stock, valued at $3,152,095.10. This represents a 185.08 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Also, major shareholder Tilman J. Fertitta bought 5,025 shares of the stock in a transaction dated Friday, March 21st. The shares were purchased at an average cost of $80.99 per share, for a total transaction of $406,974.75. Following the completion of the purchase, the insider now owns 10,905,025 shares in the company, valued at approximately $883,197,974.75. This represents a 0.05 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 438,700 shares of company stock worth $31,300,943 over the last quarter. Insiders own  0.52% of the company's stock. </p><h2>Institutional Trading of Wynn Resorts</h2><p>A number of hedge funds and other institutional investors have recently made changes to their positions in WYNN. New Wave Wealth Advisors LLC acquired a new position in  Wynn Resorts during the 4th quarter worth approximately $26,000.  Global X Japan Co. Ltd. lifted its holdings in  Wynn Resorts by 120.7% in the first quarter. Global X Japan Co. Ltd. now owns 320 shares of the casino operator's stock valued at $27,000 after acquiring an additional 175 shares during the period.  Wilmington Savings Fund Society FSB purchased a new stake in shares of  Wynn Resorts during the 3rd quarter worth approximately $31,000.  Thurston Springer Miller Herd &amp; Titak Inc. grew its position in shares of  Wynn Resorts by 3,408.3% in the first quarter. Thurston Springer Miller Herd &amp; Titak Inc. now owns 421 shares of the casino operator's stock valued at $35,000 after purchasing an additional 409 shares during the last quarter.  Finally, SBI Securities Co. Ltd. acquired a new stake in shares of  Wynn Resorts during the 4th quarter worth about $36,000. Institutional investors and hedge funds own  88.64% of the company's stock. </p><h2>Wynn Resorts Company Profile</h2> (Get Free Report)<p>Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Wynn Resorts</li><li>About the Markup Calculator</li><li>Why D-Wave's Project With Davidson Is a Game-Changer For Quantum</li><li>How to Buy Gold Stock and Invest in Gold</li><li>Hims &amp; Hers Stock Soars on Novo Nordisk Collaboration</li><li>Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?</li><li>Amazon's Earnings Will Make or Break the Stock's Comeback </li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Wynn Resorts Right Now?</h2><p>Before you consider Wynn Resorts, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wynn Resorts wasn't on the list.</p><p>While Wynn Resorts currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

WYNN

<p>Wynn Resorts (NASDAQ:WYNN) reached a new 52-week low of $78.78, closing at $80.31. Analysts have mixed views, with Barclays lowering its price target to $99 and Argus downgrading to a hold rating. Mizuho raised its target to $132, while Jefferies upgraded to buy with a target of $118. The stock has a market cap of $8.53 billion and a PE ratio of 19.08. The company recently paid a quarterly dividend of $0.25. Insider buying has increased, with significant purchases from directors and major shareholders.</p>

Wynn Resorts (NASDAQ:WYNN) Reaches New 52-Week Low - What's Next?