The Zhitong Finance App learned that Citibank released a research report saying that Wynn Macau (01128.HK) performed better than expected in the second quarter. The adjusted property EBITDA rose 17% year over year to US$297 million, compared with the bank's forecast of US$270 million and market expectations of US$280 million. Management also indicated that dividends are viewed as the cornerstone of the capital return policy. Citibank said that assuming that the dividend per share in fiscal year 2026 remains the same as the annualized level in the second half of 2025, the dividend ratio of Wynn Macau is expected to reach the highest rate in the industry at about 7.9%. Considering the better-than-expected results for the next quarter, Citi raised Wynn Macau's 2026-2028 profit forecast by 4% to 15%, and raised the target price from HK$6.8 to HK$7, maintaining a “buy” rating.

The Zhitong Finance App learned that Citibank released a research report saying that Wynn Macau (01128.HK) performed better than expected in the second quarter. The adjusted property EBITDA rose 17% year over year to US$297 million, compared with the bank's forecast of US$270 million and market expectations of US$280 million. Management also indicated that dividends are viewed as the cornerstone of the capital return policy. Citibank said that assuming that the dividend per share in fiscal year 2026 remains the same as the annualized level in the second half of 2025, the dividend ratio of Wynn Macau is expected to reach the highest rate in the industry at about 7.9%. Considering the better-than-expected results for the next quarter, Citi raised Wynn Macau's 2026-2028 profit forecast by 4% to 15%, and raised the target price from HK$6.8 to HK$7, maintaining a “buy” rating.