🏗️ Property

Encore Tower

2 stories · First covered Feb 23, 2026 · Latest 2d ago
Related: Wynn Resorts 2 Las Vegas 1 Revenue Management 1 RevPAR 1 Margin Compression 1 ADR 1 UAE 1 Macau 1 Wynn Al Marjan Island 1 EBITDAR 1 Wynn Palace 1 Capital Expenditure Strategy 1
Owns Wynn Resorts
Encore Tower Coverage
Wynn Is Spending $5.7 Billion on Three Bets. The Cap Rate Implies They All Work.
Transactions Primary
2d ago

Wynn Is Spending $5.7 Billion on Three Bets. The Cap Rate Implies They All Work.

Sixteen buy ratings and a $138 average price target suggest Wall Street loves Wynn's luxury expansion into the UAE, Macau, and Las Vegas. The implied cap rate on that combined capital outlay tells a different story about what has to go right.

JC
Jordan Chen 2 min read · 2d ago
Wynn's Q4 Tells the Real Story: Revenue Up, Profits Down, and $10.5B in Debt
REITs
Feb 23

Wynn's Q4 Tells the Real Story: Revenue Up, Profits Down, and $10.5B in Debt

Wynn Resorts beat revenue expectations by $20 million and still missed EPS by over 20%. When top-line growth can't cover cost growth, the math is telling you something the CEO won't.

JC
Jordan Chen 2 min read · Feb 23