Should I buy or sell Golden Entertainment stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Golden Entertainment in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GDEN shares. View GDEN analyst ratings or view top-rated stocks .

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

3 Wall Street research analysts have issued 1-year target prices for Golden Entertainment's stock. Their GDEN share price targets range from $43.00 to $53.00. On average, they predict the company's stock price to reach $48.75 in the next twelve months. This suggests a possible upside of 33.2% 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 2023?

Golden Entertainment's stock was trading at $37.40 on January 1st, 2023. Since then, GDEN shares have decreased by 2.2% and is now trading at $36.59. View the best growth stocks for 2023 here .

Are investors shorting Golden Entertainment?

Golden Entertainment saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 820,100 shares, an increase of 5.3% from the October 31st total of 779,100 shares. Based on an average daily trading volume, of 158,200 shares, the days-to-cover ratio is presently 5.2 days. Approximately 3.9% of the shares of the company are sold short. View Golden Entertainment's Short Interest .

When is Golden Entertainment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024. View our GDEN earnings forecast .

How were Golden Entertainment's earnings last quarter?

Golden Entertainment, Inc. (NASDAQ:GDEN) posted its quarterly earnings results on Thursday, November, 2nd. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by $0.17. The firm earned $257.73 million during the quarter, compared to the consensus estimate of $249.38 million. Golden Entertainment had a trailing twelve-month return on equity of 8.54% and a net margin of 25.06%.

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

Golden Entertainment declared a dividend on Thursday, July 27th. Shareholders of record on Friday, August 11th will be paid a dividend of $2.00 per share on Friday, August 25th. The ex-dividend date is Thursday, August 10th. 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 AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) . Invesco DWA SmallCap Momentum ETF (DWAS) .

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 number of retail and institutional investors. Top institutional investors include Sequoia Financial Advisors LLC (3.65%), Principal Financial Group Inc. (2.18%), Gamco Investors INC. ET AL (2.13%), William Blair Investment Management LLC (1.59%), Jennison Associates LLC (1.35%) and New York State Common Retirement Fund (1.25%). Insiders that own company stock include Anthony A Marnell III , Blake L Sartini , Blake L Sartini II , Lyle Berman , 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Golden Entertainment Stock Price, News & Analysis (NASDAQ:GDEN)

$36.59

+0.95 (+2.67%)

(As of 12/1/2023 ET)

Compare

Today's Range: $35.64
▼
$36.67
50-Day Range: $30.55
▼
$37.81
52-Week Range: $30.38
▼
$47.49

Volume: 129,368 shs
Average Volume: 178,647 shs
Market Capitalization: $1.05 billion

P/E Ratio: 4.08
Dividend Yield: N/A
Price Target: $48.75

Golden Entertainment MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 33.2% Upside
$48.75 Price Target
Short Interest: Bearish
3.89% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.16
Based on 6 Articles This Week
Insider Trading: Selling Shares
$2,170 Sold Last Quarter
Proj. Earnings Growth: 30.69%
From $1.01 to $1.32 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Consumer Discretionary Sector

44th out of 276 stocks

Miscellaneous Amusement & Recreation Services Industry

4th out of 18 stocks

3.3

Analyst's Opinion

Consensus Rating
Golden Entertainment has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $48.75, Golden Entertainment has a forecasted upside of 33.2% from its current price of $36.59.
Amount of Analyst Coverage
Golden Entertainment has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.89% of the float of Golden Entertainment has been sold short.
Short Interest Ratio / Days to Cover
Golden Entertainment has a short interest ratio ("days to cover") of 5.2.
Change versus previous month
Short interest in Golden Entertainment has recently increased by 5.26%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Golden Entertainment does not currently pay a dividend.
Dividend Growth
Golden Entertainment does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GDEN.

1.8

News and Social Media Coverage

News Sentiment
Golden Entertainment has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Golden Entertainment this week, compared to 5 articles on an average week.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Golden Entertainment insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,170.00 in company stock.
Percentage Held by Insiders
30.60% of the stock of Golden Entertainment is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
66.92% of the stock of Golden Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Golden Entertainment are expected to grow by 30.69% in the coming year, from $1.01 to $1.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Golden Entertainment is 4.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Golden Entertainment is 4.08, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.74.
Price to Book Value per Share Ratio
Golden Entertainment has a P/B Ratio of 1.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Golden Entertainment Stock (NASDAQ:GDEN)

Golden Entertainment, Inc., together with its subsidiaries, engages in the ownership and operation of a diversified entertainment platform in the United States. The company operates through five segments: Nevada Casino Resorts, Nevada Locals Casinos, Maryland Casino Resort, Nevada Taverns, and Distributed Gaming. The Nevada Casino Resorts segment comprises of destination casino resort properties that include various food and beverage outlets, entertainment venues, and other amenities. The Nevada Locals Casinos segment consists of casino properties that cater to local customers. The Maryland Casino Resort segment operates Rocky Gap casino resort, including various food and beverage outlets, signature golf course, spa, and pool. The Nevada Taverns segment comprises food and beverage operations, and the slot machines, as well as provides a casual and upscale environment catering to local patrons offering food, craft beer, and other alcoholic beverages. The Distributed Gaming segment operates slot machines and amusement devices in non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, and grocery stores. The company was formerly known as Lakes Entertainment, Inc. and changed its name to Golden Entertainment, Inc. in July 2015. Golden Entertainment, Inc. was incorporated in 1998 and is headquartered in Las Vegas, Nevada.

GDEN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GDEN Stock News Headlines

December 1, 2023 | msn.com

A golden rose and a broken heart. This is how ‘Golden Bachelor’ came to an end.

December 1, 2023 | msn.com

The 'Golden Bachelor' finale: Gerry Turner puts a ring on it. Who gets his final rose?

December 1, 2023 | Edge On The Street (Ad)

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December 1, 2023 | msn.com

The Golden Bachelor finale is supersized tonight (Here's how long)

November 27, 2023 | news.yahoo.com

‘The Golden Girls Live’ honoring the legacy of Heklina

November 23, 2023 | msn.com

Is ‘The Golden Bachelor’ New Tonight, Nov. 23?

November 22, 2023 | msn.com

Is 'The Golden Bachelor' on this week? Here's how to watch the season finale

November 21, 2023 | yahoo.com

The Golden Girls Season 1 Streaming: Watch & Stream Online via Hulu

December 1, 2023 | DTI Trader (Ad)

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November 20, 2023 | finance.yahoo.com

Golden Entertainment, Inc. (NASDAQ:GDEN) Delivered A Better ROE Than Its Industry

November 17, 2023 | cbsnews.com

Taste Of The Town: Golden Girls Kitchen in Wynwood is a nostalic trip to the past

November 16, 2023 | yahoo.com

'The Golden Bachelor' Gives a Much-Needed Look at the Emotional Experience of Mothering an Adult

November 8, 2023 | morningstar.com

Golden Entertainment Inc GDEN

November 6, 2023 | finance.yahoo.com

Golden Entertainment, Inc. (NASDAQ:GDEN) Q3 2023 Earnings Call Transcript

November 2, 2023 | finance.yahoo.com

Golden Entertainment Reports 2023 Third Quarter Results

November 2, 2023 | finance.yahoo.com

Golden Entertainment Inc (GDEN) Reports Q3 2023 Earnings: Net Income Skyrockets to $241.2 Million

October 28, 2023 | msn.com

Farewell Doggie Diner heads, hello Burning Man at Golden Gate Park

October 28, 2023 | msn.com

Golden Gate Park's Doggie Diner heads replaced with Burning Man art

October 27, 2023 | yahoo.com

The Golden Touch: Where to Watch & Stream Online

October 26, 2023 | yahoo.com

Maine Rep. Jared Golden says hometown mass shooting changed his mind on assault weapons ban

October 26, 2023 | yahoo.com

A 'Golden Bachelorette' Is Exactly What The World Needs RN

October 23, 2023 | yahoo.com

Golden Retriever Gets the Party Started at His Parents' Wedding and People Can't Get Enough

October 21, 2023 | news.yahoo.com

Sacramento to use general fund to pay for Golden 1 Center bonds

October 20, 2023 | msn.com

'Golden Girls' fans rejoice: Golden Girls-themed pop-up restaurant coming to South Florida

October 20, 2023 | msn.com

‘I know they will respect our baby;’ Golden Nugget owners sell restaurant to Dayton-based company

October 20, 2023 | msn.com

'The Golden Bachelor': Gerry Reveals the Three Women That Have Stood Out Thus Far (Exclusive)

October 20, 2023 | msn.com

'The Golden Bachelor' Preview: Gerry Sobs After Finding 'Genuine, Lasting Love' With Multiple Women

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 12/01/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/06/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous amusement & recreation services
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:GDEN
Previous Symbol: NASDAQ:LACO
CUSIP: N/A
CIK: 1071255
Web: www.goldenent.com
Phone: (702) 893-7777
Fax: 952-449-9353
Employees: 6,300
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $48.75
High Stock Price Target: $53.00
Low Stock Price Target: $43.00
Potential Upside/Downside: +34.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $8.96
Trailing P/E Ratio: 4.04
Forward P/E Ratio: 35.81
P/E Growth: N/A
Net Income: $82.35 million
Net Margins: 25.06%
Pretax Margin: 32.36%
Return on Equity: 8.54%
Return on Assets: 2.29%

Debt

Debt-to-Equity Ratio: 1.31
Current Ratio: 2.48
Quick Ratio: 2.45

Sales & Book Value

Annual Sales: $1.12 billion
Price / Sales: 0.92
Cash Flow: $6.60 per share
Price / Cash Flow: 5.48
Book Value: $19.07 per share
Price / Book: 1.90

Miscellaneous

Outstanding Shares: 28,620,000
Free Float: 19,860,000
Market Cap: $1.04 billion
Optionable: Optionable
Beta: 2.25

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Key Executives

Mr. Blake L. Sartini Sr. (Age 64)
Chairman of the Board & CEO
Comp: $2.75M
Mr. Charles H. Protell (Age 49)
President, CFO & Treasurer
Comp: $1.66M
Mr. Stephen A. Arcana (Age 58)
Executive VP & COO
Comp: $1.36M
Mr. Thomas Edwin Haas (Age 62)
Senior VP & Chief Accounting Officer
Comp: $508.36k
Mr. Blake L. Sartini II (Age 38)
Executive Vice President of Operations
Comp: $852.76k
Ms. Phyllis A. Gilland (Age 64)
Senior VP, General Counsel & Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GDEN Stock Analysis - Frequently Asked Questions

Should I buy or sell Golden Entertainment stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Golden Entertainment in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GDEN shares.
View GDEN analyst ratings or view top-rated stocks.
What is Golden Entertainment's stock price target for 2024?: 3 Wall Street research analysts have issued 1-year target prices for Golden Entertainment's stock. Their GDEN share price targets range from $43.00 to $53.00. On average, they predict the company's stock price to reach $48.75 in the next twelve months. This suggests a possible upside of 33.2% 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 2023?: Golden Entertainment's stock was trading at $37.40 on January 1st, 2023. Since then, GDEN shares have decreased by 2.2% and is now trading at $36.59.
View the best growth stocks for 2023 here.
Are investors shorting Golden Entertainment?: Golden Entertainment saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 820,100 shares, an increase of 5.3% from the October 31st total of 779,100 shares. Based on an average daily trading volume, of 158,200 shares, the days-to-cover ratio is presently 5.2 days. Approximately 3.9% of the shares of the company are sold short.
View Golden Entertainment's Short Interest.
When is Golden Entertainment's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024.
View our GDEN earnings forecast.
How were Golden Entertainment's earnings last quarter?: Golden Entertainment, Inc. (NASDAQ:GDEN) posted its quarterly earnings results on Thursday, November, 2nd. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by $0.17. The firm earned $257.73 million during the quarter, compared to the consensus estimate of $249.38 million. Golden Entertainment had a trailing twelve-month return on equity of 8.54% and a net margin of 25.06%.

How often does Golden Entertainment pay dividends? What is the dividend yield for Golden Entertainment?: Golden Entertainment declared a dividend on Thursday, July 27th. Shareholders of record on Friday, August 11th will be paid a dividend of $2.00 per share on Friday, August 25th. The ex-dividend date is Thursday, August 10th.
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 AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).Invesco DWA SmallCap Momentum ETF (DWAS).
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 number of retail and institutional investors. Top institutional investors include Sequoia Financial Advisors LLC (3.65%), Principal Financial Group Inc. (2.18%), Gamco Investors INC. ET AL (2.13%), William Blair Investment Management LLC (1.59%), Jennison Associates LLC (1.35%) and New York State Common Retirement Fund (1.25%). Insiders that own company stock include Anthony A Marnell III, Blake L Sartini, Blake L Sartini II, Lyle Berman, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:GDEN) was last updated on 12/1/2023 by MarketBeat.com Staff

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Golden Entertainment Stock Price, News & Analysis (NASDAQ:GDEN)

Golden Entertainment MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Golden Entertainment Stock (NASDAQ:GDEN)

GDEN Stock Price History

GDEN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GDEN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™