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How to Buy Wynn Resorts Stock

Wynn Resorts Ltd

Wynn Resorts, Limited designs, develops, and operates integrated resorts. Its Wynn Palace segment operates 424,000 square feet of casino space with 323 table games, 1,035 slot machines, private gaming salons, and sky casinos; a luxury hotel tower with 1,706 guest rooms, suites, and villas, including a health club, spa, salon, and pool; 14 food and beverage outlets; 107,000 square feet of retail space; 37,000 square feet of meeting and convention space; and performance lake and floral art displays.

Wynn Resorts stock last closed at $96.79, down 0.33% from the previous day, and has decreased 11.14% in one year. It has overperformed other stocks in the Resorts & Casinos industry by 0.03 percentage points. Wynn Resorts stock is currently +18.54% from its 52-week low of $81.65, and -13.77% from its 52-week high of $112.25.

At the moment, there are 112.07M shares of WYNN outstanding. The market capitalization of WYNN is $10.85B. In the last 24 hours, 1.07M WYNN shares were traded.

How to Buy Wynn Resorts Stock

Wondering how to invest in Wynn Resorts stock? Here's how.
  1. Choose where to buy Wynn Resorts stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Wynn Resorts stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Choose your method of payment and add your information.
  4. Research Wynn Resorts stock: The Wynn Resorts ticker symbol is WYNN. Is Wynn Resorts stock a good investment? Should you buy shares of WYNN? How do WYNN's underlying business fundamentals look? Do top analysts think Wynn Resorts is a good buy? Why has WYNN's stock price moved recently? (Hint: Our stock research website can help you evaluate if WYNN is a good stock to buy).
  5. Place your WYNN buy order: Decide if you will purchase WYNN shares at the current market price or use a limit order to buy WYNN stock at a specific price.
  6. Track your investment in WYNN: Create a watchlist to keep tabs on your position in Wynn Resorts stock.

Step 1: Choose where to buy Wynn Resorts stock

You need an online brokerage account to access the NASDAQ market and buy WYNN stock.

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Step 2: Open your brokerage account

Now that you've selected the best brokerage, it's time to fill out some personal details so you are able to buy WYNN stock today.

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Now that you have opened your account on the best app for stock investing, you need to deposit funds:

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Step 4: Research Wynn Resorts stock

Once you have decided on the best place to buy Wynn Resorts stock, it's very important to evaluate their stock prior to investing, so you actually understand the risk as well as the upside.

Wynn Resorts stock quick numbers

WYNN Price
$96.79
1w %
0.41%
1y %
-11.14%
5y %
-20.28%
P/E
12.6x
P/B
-79.2x
P/S
1.54x
PEG
N/A
Revenue
$6.97B
Earnings
$861.88M
Fore. Rev. Growth
2.84%
Fore. Earn. Growth
N/A
Market Cap
$10.85B
Next Earnings
N/A
Next Dividend
May 31, 2024

Fundamentals of Wynn Resorts

WallStreetZen was designed to help everyday investors perform better fundamental analysis in less time.

You can see all of the due diligence checks on WYNN's stock page.

Is WYNN stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge WYNN's true value.

Using relative valuations ratios:

  • WYNN could be undervalued based on its P/E ratio of 12.6x, relative to Resorts & Casinos industry P/E ratio of 16.29x

You can access additional valuation research on WYNN's stock here.

WYNN Financial Summary

Signs that WYNN is financially healthy:

  • WYNN profit margin has gone up from -5.4% to 12.4% in the past year.
  • There are more short-term assets than short-term liabilities on the WYNN balance sheet.

Signs that WYNN is not financially healthy:

  • WYNN earnings of $1.13B is not enough to cover its interest payments.
  • Total WYNN debt is still negative.
  • WYNN debt to equity ratio of -105.27 is negative.
  • There are more long-term liabilities than short-term assets on the WYNN balance sheet.
  • WYNN's operating cash flow of $1.39B allows it to safely service it's debt of $12.85B.

Is it a good time to buy WYNN stock, according to Wall Street analysts?

Out of 9 Wall Street analysts who give recommendations on WYNN, the consensus analyst rating on Wynn Resorts is a Strong Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

Most Recent WYNN Analyst Recommendations

Ben Chaiken, a bottom 11% analyst from Mizuho initiates coverage on WYNN with a strong buy rating and announces their WYNN price target of $131.00, on Apr 4, 2024.

Joseph Greff, a bottom 22% analyst from JP Morgan maintains WYNN with a strong buy rating and raises their WYNN price target from $118.00 to $123.00, on Feb 27, 2024.

Chad Beynon, a bottom 13% analyst from Macquarie maintains WYNN with a buy rating and raises their WYNN price target from $122.00 to $128.00, on Feb 9, 2024.

Rachael Rothman, a bottom 19% analyst from Susquehanna maintains WYNN with a strong buy rating and raises their WYNN price target from $105.00 to $115.00, on Feb 8, 2024.

An analyst from Macquarie upgrades WYNN to a buy rating and raises their WYNN price target from $115.00 to $122.00, on Jan 17, 2024.

You can dig deeper into what analysts are saying on the Wynn Resorts stock forecast page.

WYNN Trading Indicators

SMA10
97.2
SMA20
96.56
SMA50
99.7
SMA100
98.91
SMA200
95.39
MACD
-0.65
MACD Signal
-0.98
MACD Histogram
0.33
RSI
46.83
Stochastic %K
79.01
Stochastic %D
84.1
StochRSI %K
86.94
StochRSI %D
92.71

Is WYNN Growing Revenue?

Last year, WYNN earnings were $861.88M. During the last five year, WYNN's earnings have increased by -1.35% per year. This was slower than the Resorts & Casinos industry average of 10.66%.

Last year, WYNN revenue was $6.97B. Over the past 5 year, WYNN's revenue has grown by 0.94% per year. This was slower than the Resorts & Casinos industry average of 4.58%.

Dive into WYNN's earnings and revenue performance here.

What are WYNN executives and large shareholders up to?

Over the past 12 months, insiders at WYNN have sold more shares than they have bought.

Julie Camerondoe, CFO of WYNN, was the latest WYNN insider to sell. They sold $428,990.40 worth of WYNN stock on Apr 18, 2024.

Get more info about who owns WYNN shares here.

Does WYNN stock generate passive income?

Wynn Resorts pays a dividend of 1.29%, compared to the Resorts & Casinos industry's average dividend yield of 2.89%. If you owned $1,000 worth of WYNN stock, you would have received $12.91 last year.

Wynn Resorts dividend payments have not consistently grown over the past decade and have not remained stable.

Get more info about Wynn Resorts dividend yield and history here.

What do other investors have to say about WYNN?

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Step 5: Place your WYNN buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price limit, use a limit order.

Hit the Open button and eToro will execute the order.

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Step 6: Track your investment in WYNN

Now that you own some WYNN stock, you'll want to stay up-to-date on your stock purchase.

Start a watchlist to track the latest developments regarding your WYNN stock.

WYNN Feed

How to Buy Stock in Wynn Resorts

To summarize, here are the 6 steps you need to take to buy Wynn Resorts stock right now:

  1. Choose where to buy Wynn Resorts stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Research Wynn Resorts stock
  5. Place your WYNN buy order
  6. Track your investment in WYNN

If you are looking for a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your investment in Wynn Resorts, create your watchlist below.

NASDAQ: WYNN
$96.79-0.32 (-0.33%)
Updated May 17, 2024
Open eToro Account
NASDAQ: WYNN
$96.79-0.32 (-0.33%)
Updated May 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Wynn Resorts share?

As of May 17, 2024, it costs $96.79 to buy one share of Wynn Resorts stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.103 shares of WYNN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Wynn Resorts stock?

According to 9 Wall Street analysts who monitor Wynn Resorts, their consensus recommendation is to buy Wynn Resorts stock.

What is the best way to buy Wynn Resorts stock?

One way to place an order for Wynn Resorts stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.