How to buy Crown Resorts shares
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Crown Resorts Limited is a resorts & casinos business based in Australia. Crown Resorts shares (CWN) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Crown Resorts has a trailing 12-month revenue of around $2.2 billion..
How to buy shares in Crown Resorts
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Crown Resorts. Find the share by name or ticker symbol: CWN. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Crown Resorts reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $8.55, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Crown Resorts. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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What's in this guide?
- Crown Resorts key stats
- Compare share trading platforms
- Is Crown Resorts stock a buy or sell?
- Crown Resorts performance over time
- Is Crown Resorts suitable for ethical investing?
- Are Crown Resorts shares over-valued?
- Crown Resorts's financials
- How volatile are Crown Resorts shares?
- Does Crown Resorts pay a dividend?
- Other common questions
Crown Resorts share priceUse our graph to track the performance of CWN stocks over time.
Crown Resorts shares at a glance
|52-week range||$5.84 - $11.576|
|50-day moving average||$9.8591|
|200-day moving average||$9.3077|
|Dividend yield||$0.6 (6.79%)|
|Earnings per share (TTM)||$0.117|
Standard brokerage - Australian shares
Share Trading Account Offer
Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Crown Resorts stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Crown Resorts price performance over time
|1 week (2021-01-15)||-15.43%|
|1 month (2020-12-23)||-11.49%|
|3 months (2020-10-23)||-1.84%|
|6 months (2020-07-23)||-7.97%|
|1 year (2020-01-23)||-29.16%|
|2 years (2019-01-23)||-29.34%|
|3 years (2018-01-23)||-34.33%|
|5 years (2016-01-22)||-25.65%|
Is Crown Resorts under- or over-valued?
Valuing Crown Resorts stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Crown Resorts's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Crown Resorts's P/E ratio
Crown Resorts's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 86x. In other words, Crown Resorts shares trade at around 86x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Crown Resorts's EBITDA
Crown Resorts's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $507.3 million (£0.0 million).
The EBITDA is a measure of a Crown Resorts's overall financial performance and is widely used to measure a its profitability.
Crown Resorts financials
|Revenue TTM||$2.2 billion|
|Operating margin TTM||10.69%|
|Gross profit TTM||$313.7 million|
|Return on assets TTM||2.02%|
|Return on equity TTM||1.66%|
|Market capitalisation||$6.8 billion|
TTM: trailing 12 months
Crown Resorts's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Crown Resorts.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Crown Resorts's total ESG risk score
Total ESG risk: 27.78
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Crown Resorts's overall score of 27.78 (as at 01/01/2019) is nothing to write home about – landing it in it in the 41st percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Crown Resorts is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Crown Resorts's environmental score
Environmental score: 10.21/100
Crown Resorts's environmental score of 10.21 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Crown Resorts is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Crown Resorts's social score
Social score: 14.27/100
Crown Resorts's social score of 14.27 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Crown Resorts is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Crown Resorts's governance score
Governance score: 18.81/100
Crown Resorts's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Crown Resorts is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Crown Resorts's controversy score
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Crown Resorts scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Crown Resorts hasn't always managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||27.78|
|Total ESG percentile||40.78|
|Environmental score percentile||8|
|Social score percentile||8|
|Governance score percentile||8|
|Level of controversy||3|
Crown Resorts share dividends
Dividend payout ratio: 250% of net profits
Recently Crown Resorts has paid out, on average, around 250% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.79% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Crown Resorts shareholders could enjoy a 6.79% return on their shares, in the form of dividend payments. In Crown Resorts's case, that would currently equate to about A$0.6 per share.
Crown Resorts's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 19 March 2020 (the "ex-dividend date").
Crown Resorts share price volatility
Over the last 12 months, Crown Resorts's shares have ranged in value from as little as $5.84 up to $11.576. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Crown Resorts's is 0.9857. This would suggest that Crown Resorts's shares are less volatile than average (for this exchange).
Crown Resorts overview
Crown Resorts Limited operates in the entertainment industry primarily in Australia. It operates through four segments: Crown Melbourne, Crown Perth, Crown Aspinalls, and Wagering & Online. The company owns and operates two integrated resorts, including Crown Melbourne and Crown Perth. Its Crown Melbourne resort comprises 2,628 gaming machines and 540 gaming tables; the Crown Towers Melbourne hotel with 481 guest rooms, the Crown Metropol Melbourne hotel with 658 guest rooms, and the Crown Promenade Melbourne hotel with 465 guest rooms; a conference center; banqueting facilities; restaurants and bars; and designer brands and retail outlets. The company's Crown Perth resort includes the Crown Towers Perth hotel with 500 guest rooms; the Crown Metropol Perth hotel comprising 397 guest rooms; the Crown Promenade Perth hotel with 291 guest rooms; 2,500 gaming machines and 350 gaming tables; a 1,500-seat Crown Ballroom and 2,300-seat Crown Theatre; convention facilities; and restaurants and bars, and a resort. It also owns and operates the Crown Aspinalls, a casino in London; and engages in wagering and online social gaming activities. The company was formerly known as Crown Limited and changed its name to Crown Resorts Limited in October 2013. Crown Resorts Limited was incorporated in 2007 and is based in Southbank, Australia.
Frequently asked questions
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