WYNN RESORTS LTD
In the published model solve dated 2026-Q2, anchored at $77.45, WYNN RESORTS LTD (WYNN) is priced for -3.3% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 28, 2026 from SEC EDGAR filings.
At $105.56 the price sits above some valuation methods and below others. The relative-multiple model lands near $87 and the EV/EBITDA model near $92, so the price carries a premium to peer multiples, while the inversion reads it as within range at about 19x operating income. The operating story is a recovery firing on two engines. Q1 2026 revenue rose 9% to $1.86 billion, Las Vegas EBITDA margin hit 35%, and Wynn Palace in Macau saw mass drop up 19% and handle up 32% as the premium segment reco
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494 institutional managers reported holding WYNN in 13F filings for the quarter ended 2026-03-31. Together they hold about 68% of the company; the top 10 hold 42%. 60 opened new positions that quarter. Held by Vanguard Group, Capital Group (American Funds), BlackRock, among others. On the short side, 8.8M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (5.9 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
WYNN has cut its share count 10% over the past five years, spending $1.27B on repurchases. It pays a dividend, and has paid one every year in our records (16 and counting), raised 3 years straight; the current rate is $3.75 a share annually. Cash returned over the past three years: $397.13M in dividends and $1.06B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at WYNN over the trailing three years: 2025: 7 buys totaling $31.45M. 13 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
WYNN's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-10 | +1.1% | -10.2% |
| 2023-11-10 | -8.0% | +10.1% |
| 2024-02-24 | +1.7% | -8.0% |
| 2024-05-08 | -2.2% | -12.4% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
WYNN's latest 8-K filings: 2026-09-22 (items 1.01, 9.01); 2026-09-11 (items 8.01, 9.01); 2026-09-10 (items 8.01, 9.01); 2026-08-31 (items 7.01, 9.01); 2026-08-04 (items 2.02, 7.01, 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 28, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.