Commerce Bank Makes New $945,000 Investment in Wynn Resorts, Limited $WYNN

Commerce Bank bought a new stake in Wynn Resorts, Limited (NASDAQ:WYNN) in the 2nd quarter, HoldingsChannel reports. The firm bought 9,738 shares of the casino operator’s stock, valued at approximately $945,000.

A number of other hedge funds and other institutional investors have also modified their holdings of WYNN. BlackRock Inc. acquired a new stake in Wynn Resorts during the second quarter worth approximately $609,566,000. Sequoia Financial Advisors LLC lifted its position in shares of Wynn Resorts by 46.1% during the 4th quarter. Sequoia Financial Advisors LLC now owns 770,178 shares of the casino operator’s stock worth $92,676,000 after buying an additional 243,179 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Wynn Resorts by 97.5% in the 4th quarter. Pacer Advisors Inc. now owns 22,415 shares of the casino operator’s stock valued at $2,697,000 after buying an additional 11,067 shares in the last quarter. OneDigital Investment Advisors LLC acquired a new position in shares of Wynn Resorts in the 2nd quarter valued at $1,053,000. Finally, Amundi grew its position in shares of Wynn Resorts by 161.6% in the 1st quarter. Amundi now owns 65,492 shares of the casino operator’s stock valued at $6,651,000 after buying an additional 40,454 shares during the last quarter. 88.64% of the stock is owned by institutional investors and hedge funds.

Wynn Resorts News Summary

Here are the key news stories impacting Wynn Resorts this week:

• Positive Sentiment: Zacks raised several earnings estimates. The firm increased its FY2026 EPS forecast to $4.38 from $4.18, FY2027 EPS to $5.03 from $4.92, Q3 2026 EPS to $0.84 from $0.77, Q1 2027 EPS to $1.32 from $1.30, Q2 2027 EPS to $1.17 from $1.08, and Q1 2028 EPS to $1.42 from $1.41. The revisions suggest analysts see somewhat stronger profitability ahead, although Zacks retained its “Hold” rating. Zacks Research estimates
• Positive Sentiment: Wynn Al Marjan Island unveiled a new luxury accommodation concept. The United Arab Emirates resort introduced large “Townhomes,” including residences of up to 1,110 square meters. The offering could support premium room rates, broaden the resort’s appeal to affluent travelers and strengthen the long-term growth narrative for Wynn’s UAE development. Wynn Al Marjan reveals Townhomes accommodation concept
• Neutral Sentiment: Short-interest data provided no usable signal. The report listed short interest at zero shares and a zero-day days-to-cover ratio, but also showed an invalid “NaN” change, suggesting a data-quality issue rather than a meaningful shift in investor positioning.
• Negative Sentiment: One estimate was reduced. Zacks lowered its Q4 2026 EPS forecast to $1.05 from $1.09. While the broader estimate revisions were positive, the cut and the unchanged “Hold” rating may limit enthusiasm. Wynn also continues to trade below its 50-day and 200-day moving averages, indicating lingering technical weakness.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on WYNN shares. The Goldman Sachs Group set a $120.00 target price on shares of Wynn Resorts in a research note on Wednesday, July 15th. Stifel Nicolaus set a $143.00 price target on shares of Wynn Resorts in a report on Wednesday, August 5th. Mizuho reduced their price objective on shares of Wynn Resorts from $133.00 to $125.00 and set an “outperform” rating for the company in a research report on Tuesday, July 28th. Barclays lifted their price objective on Wynn Resorts from $134.00 to $136.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $137.00 target price on shares of Wynn Resorts in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $134.19.

Wynn Resorts Stock Down 1.6%

NASDAQ:WYNN opened at $97.17 on Thursday. Wynn Resorts, Limited has a fifty-two week low of $92.52 and a fifty-two week high of $134.72. The stock has a market cap of $10.01 billion, a PE ratio of 24.11, a price-to-earnings-growth ratio of 0.87 and a beta of 1.01. The firm’s fifty day simple moving average is $99.44 and its 200-day simple moving average is $102.66.

Wynn Resorts (NASDAQ:WYNN) last announced its quarterly earnings results on Tuesday, August 4th. The casino operator reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. Wynn Resorts had a net margin of 6.05% and a negative return on equity of 46.52%. The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter last year, the firm posted $1.09 EPS. The business’s revenue was up 6.9% compared to the same quarter last year. Equities analysts anticipate that Wynn Resorts, Limited will post 4.65 earnings per share for the current year.

Wynn Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. Wynn Resorts’s dividend payout ratio (DPR) is 24.81%.

About Wynn Resorts

Wynn Resorts, Limited (NASDAQ: WYNN) is a global developer and operator of luxury resorts and casinos, renowned for its premium hospitality offerings and integrated entertainment experiences. The company specializes in high-end hotel accommodations, gaming operations, fine dining restaurants, retail outlets, meeting and convention spaces, and live entertainment venues. Its properties are designed to cater to both leisure and business travelers seeking upscale environments and world-class service.

Founded in 2002 by hospitality entrepreneur Steve Wynn, the company opened its flagship property, Wynn Las Vegas, on the Las Vegas Strip in 2005, followed by Encore Las Vegas in 2008.