Professional
Added to YB: 2025-05-02
Pitch date: 2025-03-31
WYNN [neutral]
Wynn Resorts, Limited
+18.22%
current return
Author Info
No bio for this author
Company Info
Wynn Resorts, Limited designs, develops, and operates integrated resorts. It operates in four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor.
Market Cap
$9.8B
Pitch Price
$83.35
Price Target
N/A
Dividend
1.04%
EV/EBITDA
10.73
P/E
27.55
EV/Sales
2.67
Sector
Hotels, Restaurants and Leisure
Category
value
Baron Real Estate Fund Portfolio Holding: Wynn Resorts, Limited
WYNN (holding update): Trading at just 7.2x 2025 est. cash flow vs 13-15x historical avg. UAE project (opening 2027) undervalued by market with little credit for Macau assets. Mgmt doing buybacks while Tilman Fertitta (hotel/casino exec) acquired 12% stake ($1B+) becoming largest shareholder.
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