Wynn Resorts (WYNN)

Generating cash is essential for any business, but not all cash-rich companies are great investments. Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.

Stay updated with the movement of S&P500 stocks in today's session. Discover which S&P500 stocks are making waves on Tuesday.

International travel contributes only 5% of US room nights and 3% of arrivals, but brings in more revenue as international travelers stay longer and spend more. Canada is the largest source market, followed by Europe and Mexico.

BofA Securities analyst expects cautious tone from gaming operators due to US/China tensions and lowered estimates for Macau and Vegas. Stocks down 12% YTD.

As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the casino operator industry, including Wynn Resorts (NASDAQ:WYNN) and its peers.

Gaming and lodging stocks are under pressure as recession risks mount, BofA Securities reports. With tariffs weighing on GDP, analysts warn of a potential 3%–8% EBITDA hit. Hotel and timeshare sectors remain the most exposed, while REITs and Gaming OpCos face heightened earnings risk. Stocks are now trading at their lowest valuations since the COVID-19 and GFC downturns.

Tilman Fertitta bought Wynn shares worth $27.87 million after the recent weakness in the company’s stock price.

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Monarch (NASDAQ:MCRI) and the best and worst performers in the casino operator industry.

Let’s dig into the relative performance of MGM Resorts (NYSE:MGM) and its peers as we unravel the now-completed Q4 casino operator earnings season.

Shares of luxury hotels and casino operator Wynn Resorts (NASDAQ:WYNN) fell 7.8% in the morning session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%. 

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Amazon may have synergy in lapping up TikTok as the app, which has 170 million users in the U.S., is a major hub of online shopping.

Over the past six months, Wynn Resorts’s shares (currently trading at $83.10) have posted a disappointing 18.6% loss while the S&P 500 was down 1.7%. This may have investors wondering how to approach the situation.

Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at PENN Entertainment (NASDAQ:PENN) and its peers.

As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the casino operator industry, including Boyd Gaming (NYSE:BYD) and its peers.

According to a securities filing, Fertitta purchased 16,500 shares of Wynn on March 21 and March 24, with a price range of $80.99 to $84.93 per share, totaling approximately $1.38 million.

Although fading consumer confidence seemingly bodes poorly for Wynn Resorts, the smart money senses opportunity in WYNN stock.

Uncover the latest developments among S&P500 stocks in today's session. Stay tuned to the S&P500 index's top gainers and losers on Tuesday.

Casino stocks experience seasonal strength due to sports betting and travel during spring break, and potential boost from tax refunds.

Most consumer discretionary businesses succeed or fail based on the broader economy. This sensitive demand profile can cause the industry to stumble when macro uncertainty enters the fray, and over the past six months, its returns were flat. This performance was similar to the S&P 500.