Bally's (BALY) to Release Quarterly Earnings on Monday

Key Points

• Q1 2026 earnings are due Monday, May 11, 2026 at 4:00 PM ET, with analysts forecasting EPS of ($0.9982) and revenue of $769.69 million.
• Bally's reported a steep loss last quarter of ($7.53) per share and has negative profitability metrics (ROE -63.15%, net margin -26.39%), with analysts modeling roughly -9 EPS for the current fiscal year and -7 EPS next year.
• The stock traded at $13.00 (down 1.8%), has a market cap of about $633.7M, and carries a consensus analyst stance of "Reduce" with a $13.25 price target while institutional investors own roughly 70.4% of the shares.

Bally's (NYSE:BALY - Get Free Report) is anticipated to announce its Q1 2026 resultson Monday, May 11th. Analysts expect the company to announce earnings of ($0.9982) per share and revenue of $769.69 million for the quarter. Interested persons can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Monday, May 11, 2026 at 4:00 PM ET.

Bally's (NYSE:BALY - Get Free Report) last posted its quarterly earnings data on Saturday, January 31st. The company reported ($7.53) earnings per share for the quarter. Bally's had a negative return on equity of 63.15% and a negative net margin of 26.39%.The business had revenue of $746.25 million during the quarter. On average, analysts expect Bally's to post $-9 EPS for the current fiscal year and $-7 EPS for the next fiscal year.

Bally's Stock Down 1.8%

Bally's stock traded down $0.24 during midday trading on Monday, reaching $13.00. The stock had a trading volume of 8,489 shares, compared to its average volume of 80,051. Bally's has a 12 month low of $8.45 and a 12 month high of $20.74. The company has a market capitalization of $633.72 million, a P/E ratio of -2.38 and a beta of 1.80. The company has a fifty day moving average price of $12.17 and a two-hundred day moving average price of $14.94. The company has a current ratio of 0.80, a quick ratio of 0.77 and a debt-to-equity ratio of 1.75.

Institutional Trading of Bally's

Several institutional investors have recently added to or reduced their stakes in BALY. Geode Capital Management LLC boosted its position in Bally's by 113.1% during the second quarter. Geode Capital Management LLC now owns 164,555 shares of the company's stock valued at $1,577,000 after buying an additional 87,346 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Bally's during the second quarter worth about $33,000. New York State Common Retirement Fund purchased a new stake in Bally's in the second quarter worth about $97,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Bally's in the second quarter worth about $38,000. Finally, Bank of America Corp DE lifted its holdings in Bally's by 2,087.9% in the second quarter. Bank of America Corp DE now owns 7,942 shares of the company's stock worth $76,000 after buying an additional 7,579 shares during the period. 70.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on BALY. Wall Street Zen downgraded Bally's from a "hold" rating to a "sell" rating in a research note on Saturday, April 18th. Stifel Nicolaus cut their target price on Bally's from $18.00 to $12.00 and set a "hold" rating on the stock in a research note on Monday, March 30th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Bally's in a research note on Friday, April 24th. Finally, Truist Financial dropped their price objective on Bally's from $18.00 to $13.00 and set a "hold" rating on the stock in a research note on Friday, March 27th. Three analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus price target of $13.25.

About Bally's

Bally's Corporation is an integrated entertainment company engaged in the ownership, development and operation of land‐based casinos, sports betting venues and online gaming platforms. The company leverages the iconic Bally's brand under a long‐term license to provide gaming and hospitality services across multiple channels, including retail casinos, mobile sports wagering and interactive casino games.

The company's portfolio spans gaming properties in key U.S. jurisdictions such as Rhode Island, Colorado, New Jersey, Mississippi, Iowa, Indiana, Pennsylvania and Nevada.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.