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WYNN

WYNN RESORTS LTD

At today's price, WYNN RESORTS LTD (WYNN) is priced for +3.9% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+3.9% growth
Priced In
within-range

Key Takeaways

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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Institutional ownership

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.

Capital returns

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.

Insider activity

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.

Earnings reactions

WYNN's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext 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.

Recent filings

WYNN's latest 8-K filings: 2026-05-08 (items 5.07); 2026-05-07 (items 2.02, 7.01, 8.01, 9.01); 2026-04-30 (items 7.01, 9.01); 2026-03-11 (items 8.01, 9.01); 2026-02-12 (items 2.02, 7.01, 8.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 28, 2026

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.