Wynn Resorts traded at $99.44 this Thursday March 26th, decreasing $2.45 or 2.40 percent since the previous trading session. Looking back, over the last four weeks, Wynn Resorts lost 8.09 percent. Over the last 12 months, its price rose by 15.43 percent. Looking ahead, we forecast Wynn Resorts to be priced at 98.83 by the end of this quarter and at 90.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes. The Company's segments include Macau Operations and Las Vegas Operations. The Company's Macau Operations include Wynn Macau and Wynn Palace. It also includes Encore, an expansion at Wynn Macau. The Company's Las Vegas Operations include Wynn Las Vegas and Encore, an expansion at Wynn Las Vegas. Wynn Las Vegas is located at the intersection of the Las Vegas Strip and Sands Avenue. As of December 31, 2016, it occupied approximately 215 acres of land fronting the Las Vegas Strip. As of December 31, 2016, the Company owned approximately 18 acres across Sands Avenue. The Company is constructing Wynn Boston Harbor, an integrated casino resort in Everett, Massachusetts.