Wynn Resorts, Limited vs State Street SPDR S&P Homebuilders ETF — how do they compare? Wynn Resorts, Limited trades at $95.88 (market cap $9.93B), while State Street SPDR S&P Homebuilders ETF trades at $105.91. The key difference: Wynn Resorts, Limited pays a 1.05% dividend while State Street SPDR S&P Homebuilders ETF pays none, and State Street SPDR S&P Homebuilders ETF is trading nearer its 52-week high, Wynn Resorts, Limited nearer its low. Which is the better fit depends on your goals.
| WYNN | XHB | |
|---|---|---|
Market Cap | $9.93B | — |
Sector | Consumer Cyclical | Broad Market / Factor |
52-Week High | $133.34 | $121.36 |
52-Week Low | $94.78 | $94.86 |
Enterprise Value | $20.29B | — |
Dividend Yield | 1.05% | — |
Trailing returns across standard periods
Latest headlines on both assets
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, Encore Boston Harbor in Massachusetts opened June 2019. Additionally, we expect the company to begin construction on a new building next to its existing Macao Palace resort in 2023, which we forecast to open in 2026. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.
Read more on WYNN →XHB invests in the U.S. homebuilding industry and related sectors. It provides equal-weighted exposure to homebuilders, building products, and home improvement retailers like Home Depot, Lowe's, and Builders FirstSource.
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