Argus Research has upgraded Wynn Resorts Ltd (WYNN) to a Buy rating from Hold, a move that underscores a more favorable outlook on the company's future. This change, effective September 2, 2025, comes as Wynn Resorts continues to navigate the competitive landscape of the hotels, restaurants, and leisure industry.
Headquartered in Las Vegas, Nevada, Wynn Resorts is a holding company engaged in the design, development, and operation of destination casino resorts. The firm operates notable properties including Wynn Las Vegas, Wynn Macau, and Encore Boston Harbor, employing around 28,000 full-time staff.
As of now, Wynn Resorts boasts a market capitalization of $12.7 billion, with a P/E ratio of 33.19 and an EPS of 3.58. The company is also experiencing a significant dividend yield of 82.7%. Upcoming earnings reports are anticipated, with estimates of $1.34 EPS on revenue of $1.9 billion for August 5, 2026.
Analyst ratings, such as this upgrade, provide valuable insights into a company's potential, reflecting research and financial models. However, these assessments should be viewed in the context of broader company fundamentals, competitive positioning, and market trends. The consensus among analysts now shows 6 Strong Buy, 16 Buy, and 3 Hold ratings, indicating a generally positive sentiment towards the stock's performance.
This upgrade follows a series of recent analyst actions, including UBS's upgrade to Buy from Neutral just days prior. These developments highlight a growing confidence in Wynn Resorts' strategic direction and business performance, suggesting potential for future growth as the company continues to adapt to market conditions.