NASDAQ:GDEN

Golden Entertainment (GDEN) Stock Price, News & Analysis

$31.25
-0.25 (-0.79%)
(As of 05/15/2024 ET)
Today's Range
$31.16
$31.84
50-Day Range
$30.65
$36.83
52-Week Range
$30.35
$47.49
Volume
227,245 shs
Average Volume
172,756 shs
Market Capitalization
$904.69 million
P/E Ratio
3.37
Dividend Yield
3.20%
Price Target
$42.75

Golden Entertainment MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
37.0% Upside
$42.75 Price Target
Short Interest
Healthy
2.88% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.64mentions of Golden Entertainment in the last 14 days
Based on 33 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
180.00%
From $0.50 to $1.40 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.59 out of 5 stars

Consumer Discretionary Sector

30th out of 271 stocks

Miscellaneous Amusement & Recreation Services Industry

3rd out of 18 stocks

GDEN stock logo

About Golden Entertainment Stock (NASDAQ:GDEN)

Golden Entertainment, Inc. owns and operates a diversified entertainment platform in the United States. The company operates through four segments; Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. It also operates casino, casino resorts, and taverns; and slot machines in third party non-casino locations. The company was incorporated in 1998 and is headquartered in Las Vegas, Nevada.

GDEN Stock Price History

GDEN Stock News Headlines

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Company Calendar

Last Earnings
2/29/2024
Ex-Dividend for 4/4 Dividend
3/15/2024
Dividend Payable
4/04/2024
Today
5/15/2024
Ex-Dividend for 7/2 Dividend
6/14/2024
Dividend Payable
7/02/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous amusement & recreation services
Sub-Industry
N/A
Current Symbol
NASDAQ:GDEN
Previous Symbol
NASDAQ:LACO
Employees
6,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$42.75
High Stock Price Target
$46.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+37.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$255.76 million
Pretax Margin
40.77%

Debt

Sales & Book Value

Annual Sales
$1.05 billion
Cash Flow
$1.99 per share
Book Value
$19.68 per share

Miscellaneous

Free Float
20,525,000
Market Cap
$903.53 million
Optionable
Optionable
Beta
2.26
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GDEN Stock Analysis - Frequently Asked Questions

Should I buy or sell Golden Entertainment stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Golden Entertainment in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GDEN shares.
View GDEN analyst ratings
or view top-rated stocks.

What is Golden Entertainment's stock price target for 2024?

4 brokerages have issued 12-month price objectives for Golden Entertainment's stock. Their GDEN share price targets range from $36.00 to $46.00. On average, they predict the company's share price to reach $42.75 in the next year. This suggests a possible upside of 37.0% from the stock's current price.
View analysts price targets for GDEN
or view top-rated stocks among Wall Street analysts.

How have GDEN shares performed in 2024?

Golden Entertainment's stock was trading at $39.93 on January 1st, 2024. Since then, GDEN stock has decreased by 21.8% and is now trading at $31.21.
View the best growth stocks for 2024 here
.

When is Golden Entertainment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our GDEN earnings forecast
.

How were Golden Entertainment's earnings last quarter?

Golden Entertainment, Inc. (NASDAQ:GDEN) released its earnings results on Thursday, February, 29th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.07. The company earned $230.69 million during the quarter, compared to analysts' expectations of $228.75 million. Golden Entertainment had a trailing twelve-month return on equity of 1.13% and a net margin of 30.14%.

How often does Golden Entertainment pay dividends? What is the dividend yield for Golden Entertainment?

Golden Entertainment announced a quarterly dividend on Wednesday, May 8th. Stockholders of record on Friday, June 14th will be given a dividend of $0.25 per share on Tuesday, July 2nd. This represents a $1.00 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend is Friday, June 14th.
Read our dividend analysis for GDEN
.

Is Golden Entertainment a good dividend stock?

Golden Entertainment (NASDAQ:GDEN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.17%. The dividend payout ratio is 10.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GDEN will have a dividend payout ratio of 71.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GDEN.

What ETFs hold Golden Entertainment's stock?

ETFs with the largest weight of Golden Entertainment (NASDAQ:GDEN) stock in their portfolio include iBET Sports Betting & Gaming ETF (IBET), B.A.D. Etf (BAD) and ETC 6 Meridian Small Cap Equity ETF (SIXS).AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).

What other stocks do shareholders of Golden Entertainment own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Golden Entertainment investors own include Las Vegas Sands (LVS), General Mills (GIS), Intel (INTC), NVIDIA (NVDA), Caesars Entertainment (CZR), MGM Resorts International (MGM), Micron Technology (MU), AT&T (T), Carnival Co. & (CCL) and QUALCOMM (QCOM).

Who are Golden Entertainment's major shareholders?

Golden Entertainment's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.49%), Sequoia Financial Advisors LLC (2.23%), William Blair Investment Management LLC (2.21%), Principal Financial Group Inc. (2.14%), Gamco Investors INC. ET AL (2.07%) and Jennison Associates LLC (1.88%). Insiders that own company stock include Anthony A Marnell III, Blake L Sartini, Blake L Sartini II, Charles Protell, Robert L Miodunski and Stephen Arcana.
View institutional ownership trends
.

How do I buy shares of Golden Entertainment?

Shares of GDEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GDEN) was last updated on 5/15/2024 by MarketBeat.com Staff

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