Wynn Resorts Ltd (WYNN) Lowers Quarterly Dividend 66.7% to $0.50; 1.5% Yield
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Go back to Wynn Resorts Ltd (WYNN) Lowers Quarterly Dividend 66.7% to $0.50; 1.5% Yield
April 29, 2015 8:26 AM EDT
Susquehanna downgraded Wynn Resorts (NASDAQ: WYNN) from Positive to Neutral with a price target of $115.00 (from $159.00).
For an analyst ratings summary and ratings history on Wynn Resorts click here. For more ratings news on Wynn Resorts click here.
Shares of Wynn Resorts closed at $130.48 yesterday.
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April 29, 2015 7:41 AM EDT
Credit Suisse analyst J. Simkins lowered estimates and his price target on Neutral-rated Wynn Resorts (NASDAQ: WYNN) to $115.00 (from $125.00) following a rough Q1 and dividend cut.
"Not surprisingly, Macau remained very challenging given the company's VIP exposure," the analyst commented.
For... More
April 29, 2015 6:34 AM EDT
Janney Capital analyst Brian McGill cut his fair value target on Wynn Resorts (NASDAQ: WYNN) to $100.00 (from $140.00) following Q1 results after the close. The firm maintained a Neutral rating.
McGill commented, "WYNN reported 1Q15 revenue of $1.09M and EBITDA of $323M. This... More
April 28, 2015 4:08 PM EDT
Wynn Resorts Ltd (NASDAQ: WYNN) reported Q1 EPS of $0.70, $0.63 worse than the analyst estimate of $1.33. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.18 billion.
Adjusted property EBITDA (1) was $323.0 million for the first quarter of 2015, a 34.7% decrease from $494.6... More
