Golden Entertainment (GDEN) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Golden Entertainment is set to announce its Q2 2025 earnings on August 7th, with analysts predicting earnings of $0.20 per share and revenue of $169.70 million.
• The company's last earnings report in May showed a miss on EPS and revenue expectations, reporting $0.09 EPS against a consensus of $0.10.
• Golden Entertainment declared a quarterly dividend of $0.25, resulting in a 3.51% yield despite a high dividend payout ratio of 256.41%.

Golden Entertainment (NASDAQ:GDEN - Get Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Thursday, August 7th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $169.70 million for the quarter.

Golden Entertainment (NASDAQ:GDEN - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.01). The firm had revenue of $160.84 million during the quarter, compared to analysts' expectations of $164.37 million. Golden Entertainment had a net margin of 1.72% and a return on equity of 3.10%. On average, analysts expect Golden Entertainment to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Golden Entertainment Stock Down 1.8%

Shares of GDEN stock traded down $0.51 on Friday, hitting $27.61. The stock had a trading volume of 137,584 shares, compared to its average volume of 189,735. The business has a 50 day moving average of $29.10 and a 200 day moving average of $29.02. The stock has a market cap of $729.73 million, a price-to-earnings ratio of 70.79 and a beta of 1.83. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.95 and a quick ratio of 0.87. Golden Entertainment has a 12-month low of $22.66 and a 12-month high of $35.49.

Golden Entertainment Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th were issued a $0.25 dividend. The ex-dividend date was Wednesday, June 25th. This represents a $1.00 annualized dividend and a dividend yield of 3.6%. Golden Entertainment's dividend payout ratio is currently 256.41%.

Analysts Set New Price Targets

Several brokerages have recently commented on GDEN. Citigroup reiterated an "outperform" rating on shares of Golden Entertainment in a report on Friday, July 18th. Truist Financial downgraded shares of Golden Entertainment from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $36.00 to $34.00 in a report on Wednesday, July 16th. Wall Street Zen upgraded shares of Golden Entertainment from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Finally, JMP Securities decreased their price objective on shares of Golden Entertainment from $36.00 to $35.00 and set a "market outperform" rating for the company in a report on Friday, July 18th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $36.50.

Hedge Funds Weigh In On Golden Entertainment

A hedge fund recently raised its stake in Golden Entertainment stock. Jane Street Group LLC raised its holdings in Golden Entertainment, Inc. (NASDAQ:GDEN - Free Report) by 22.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,913 shares of the company's stock after purchasing an additional 6,498 shares during the period. Jane Street Group LLC owned 0.13% of Golden Entertainment worth $921,000 at the end of the most recent reporting period. Institutional investors own 70.73% of the company's stock.

About Golden Entertainment

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.