Wynn Resorts stock weighs a USD 900 million debt refinancing
Published on 09/28/2026 at 16:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Wynn Resorts stock was trading at USD 80.46 on Nasdaq on September 28, 2026, down 0.82 percent at 10:52 a.m. ET. The immediate focus is the company's USD 900 million debt refinancing, completed through senior notes due 2035.
Debt maturity moves into 2035
Stock Titan reported on September 22, 2026, that Wynn Resorts had issued USD 900 million of senior notes carrying a 6.875 percent coupon and maturing on March 15, 2035. The proceeds are intended to redeem the company's 5.25 percent senior notes due 2027.
The refinancing extends the maturity profile, but the coupon comparison matters: 6.875 percent is 1.625 percentage points above the debt being redeemed. The filing also reported total debt of USD 10.72 billion as of June 30, 2026, making interest costs a central balance-sheet issue.
Q2 growth gives the stock support
Wynn Resorts generated USD 1.86 billion in operating revenue in Q2 2026, up 6.9 percent from USD 1.74 billion a year earlier, according to MarketBeat. Adjusted EPS was USD 1.24 against a USD 0.99 consensus estimate, while GAAP diluted EPS reached USD 1.32.
The operating mix was uneven. Wynn Palace produced USD 653.4 million of Q2 revenue, while Encore Boston Harbor generated USD 209.3 million, down from USD 215.7 million in Q2 2025, according to Stock Titan. Macau growth therefore remains important as the company manages its United States properties and financing costs.
Analyst target stays above market price
On September 11, 2026, MarketBeat reported that UBS lowered its Wynn Resorts price target from USD 145.00 to USD 138.00 while retaining a Buy rating. The revised target remains USD 57.54 above the September 28 intraday price, leaving refinancing execution and property-level cash generation as the key evidence investors will weigh.
Wynn Resorts stock trades above its yearly low
Wynn Resorts stock was trading at USD 80.46 on Nasdaq on September 28, 2026, with a 52-week range of USD 77.06 to USD 134.72 and volume of 411,490 shares. Its market capitalization stood at USD 8.4 billion on the same date.
Wynn Resorts stock snapshot
- Company: Wynn Resorts, Limited
- Ticker: WYNN
- Trading venue: NASDAQ
- Price (as of September 28, 2026, 10:52 a.m. ET): USD 80.46
- Market capitalization: USD 8.4 billion (as of September 28, 2026)
- 52-week range: USD 77.06-134.72 (as of September 28, 2026)
- Sector / Industry: Consumer Cyclical / Gambling, Resorts & Casinos
