Wells Fargo has initiated coverage on Wynn Resorts Ltd (WYNN) with an Overweight rating. This marks the firm's first assessment of the company based on its research into Wynn's business model, industry dynamics, and growth potential.
Wynn Resorts, a prominent player in the Hotels, Restaurants & Leisure sector, is headquartered in Las Vegas, Nevada. The company operates several high-profile casino resorts, including Wynn Las Vegas and Encore Boston Harbor, employing approximately 28,000 full-time staff. As of November 8, 2025, Wynn's market capitalization stands at $12.7 billion, with a trailing twelve-month P/E ratio of 33.19 and an EPS of $3.58. The firm's dividend yield is notably high at 82.7%.
Upcoming earnings reports are scheduled for May 3, 2026, and August 4, 2026, with estimated EPS of $1.23 and $1.34, respectively. Recent earnings performance has been mixed; in Q3 2025, the company reported an EPS of $0.86, falling short of estimates by 27.9%.
Analyst ratings are often seen as reflections of professional opinions derived from extensive research and financial modeling. While they can offer valuable insights, they are based on assumptions that may not always hold true. Investors should consider a variety of factors, including company fundamentals and market trends, when evaluating investment options. Analyst perspectives can evolve as new information arises, leading to potential changes in ratings.
This update provides insight into how analysts view Wynn Resorts amid a competitive landscape and fluctuating earnings performance.