NASDAQ:GDEN

Golden Entertainment - GDEN Stock Forecast, Price & News

$36.01

+1.12 (+3.21%)

(As of 10/3/2022 11:01 AM ET)

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Today's Range: $34.65
▼
$36.01
50-Day Range: $33.29
▼
$45.74
52-Week Range: $32.53
▼
$59.96

Volume: 473 shs
Average Volume: 287,107 shs
Market Capitalization: $1.03 billion

P/E Ratio: 10.95
Dividend Yield: N/A
Price Target: $63.33

Golden Entertainment MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 76.9% Upside
$63.33 Price Target
Short Interest: Healthy
6.38% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.13
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -8.87%
From $3.27 to $2.98 Per Share

Overall MarketRank^™

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

2.39 out of 5 stars

Consumer Discretionary Sector

134th out of 280 stocks

Miscellaneous Amusement & Recreation Services Industry

9th out of 17 stocks

3.5

Analyst's Opinion

Consensus Rating
Golden Entertainment has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $63.33, Golden Entertainment has a forecasted upside of 76.9% from its current price of $35.81.
Amount of Analyst Coverage
Golden Entertainment has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
6.38% 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 6.4.
Change versus previous month
Short interest in Golden Entertainment has recently decreased by 20.51%, indicating that investor sentiment is improving 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.

3.4

News and Social Media Coverage

News Sentiment
Golden Entertainment has a news sentiment score of 1.13. 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 higher news sentiment than the 0.56 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 1 article on an average week.
MarketBeat Follows
2 people have added Golden Entertainment to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Golden Entertainment insiders have not sold or bought any company stock.
Percentage Held by Insiders
30.00% 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
72.03% of the stock of Golden Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Golden Entertainment are expected to decrease by -8.87% in the coming year, from $3.27 to $2.98 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Golden Entertainment is 10.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Golden Entertainment is 10.88, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 8.07.
Price to Book Value per Share Ratio
Golden Entertainment has a P/B Ratio of 3.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Golden Entertainment (NASDAQ:GDEN) Stock

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 four segments: Nevada Casino Resorts, Nevada Locals Casinos, Maryland Casino Resort, 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 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. As of February 17, 2022, the company operated approximately 16,900 slots, 120 table games, and 6,200 hotel rooms; 10 casinos; and video gaming devices at 1,100 locations, as well as owned 60 traditional taverns. 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.

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GDEN Stock News Headlines

October 1, 2022 | seekingalpha.com

GDEN Golden Entertainment, Inc.

September 23, 2022 | msn.com

Golden Wind Reunited Two Key Talents From The Early Days Of JoJo's Bizarre Adventure

September 20, 2022 | nasdaq.com

We Think Golden Entertainment (NASDAQ:GDEN) Can Stay On Top Of Its Debt

September 15, 2022 | msn.com

Video of Golden Retriever Enjoying the Views From Her New Colorado Home Is Precious

September 15, 2022 | msn.com

Golden Hour On The Golden Hills: Photo Of The Day

September 15, 2022 | msn.com

Knoebels, Dutch Wonderland, Kennywood land national ‘Golden Ticket Awards’

September 14, 2022 | msn.com

Break out the golden goblets because ‘Love is Blind’ is headed to Dallas for season 3

September 7, 2022 | markets.businessinsider.com

Analyst Ratings for Golden Entertainment

August 29, 2022 | finance.yahoo.com

Investors Don't See Light At End Of Golden Entertainment, Inc.'s (NASDAQ:GDEN) Tunnel

August 25, 2022 | seekingalpha.com

Golden Entertainment and Century Casinos rally after 'win-win' asset deal

August 25, 2022 | marketwatch.com

Golden Entertainment to Sell Maryland Resort For $260 Million

August 9, 2022 | msn.com

Video of Golden Retriever Offering 'Free Hugs' Is As Good As It Gets

August 8, 2022 | seekingalpha.com

Golden Entertainment, Inc's (GDEN) CEO Blake Sartini on Q2 2022 Results - Earnings Call Transcript

August 5, 2022 | finance.yahoo.com

Bear Of The Day: Golden Entertainment (GDEN)

August 4, 2022 | finance.yahoo.com

Golden Entertainment Reports Second Quarter Results

July 18, 2022 | finance.yahoo.com

Is Golden Entertainment, Inc.'s (NASDAQ:GDEN) ROE Of 56% Impressive?

July 11, 2022 | nasdaq.com

Implied PEJ Analyst Target Price: $53

July 9, 2022 | msn.com

Golden Retriever's Sad Reaction to Being Forced to Leave the Dog Park Is Going Viral

July 1, 2022 | finance.yahoo.com

Is There An Opportunity With Golden Entertainment Inc’s (NASDAQ:GDEN) 26.52% Undervaluation?

June 14, 2022 | finance.yahoo.com

Top Casino Stocks for Q3 2022

June 2, 2022 | nasdaq.com

GDEN Crosses Above Key Moving Average Level

May 26, 2022 | finance.yahoo.com

Investing in Golden Entertainment (NASDAQ:GDEN) three years ago would have delivered you a 231% gain

May 7, 2022 | seekingalpha.com

Golden Entertainment's (GDEN) CEO Blake Sartini On Q1 2022 Results - Earnings Call Transcript

May 6, 2022 | seekingalpha.com

Golden Entertainment bulls point to upside with cash flow, Nevada portfolio

May 5, 2022 | au.investing.com

Golden Entertainment, Inc. Tops Q1 EPS by 60c

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30 days | 90 days | 365 days | Advanced Chart

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GDEN Company Calendar

Last Earnings: 8/04/2022
Today: 10/03/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

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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 Forecast: $63.33
High Stock Price Forecast: $70.00
Low Stock Price Forecast: $51.00
Forecasted Upside/Downside: +75.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.29
Trailing P/E Ratio: 10.95
Forward P/E Ratio: 11.01
P/E Growth: N/A
Net Income: $161.78 million
Net Margins: 9.35%
Pretax Margin: 8.38%
Return on Equity: 32.87%
Return on Assets: 6.63%

Debt

Debt-to-Equity Ratio: 2.84
Current Ratio: 1.91
Quick Ratio: 1.85

Sales & Book Value

Annual Sales: $1.10 billion
Price / Sales: 0.94
Cash Flow: $9.09 per share
Price / Cash Flow: 3.96
Book Value: $11.00 per share
Price / Book: 3.27

Miscellaneous

Outstanding Shares: 28,505,000
Free Float: 19,954,000
Market Cap: $1.03 billion
Optionable: Optionable
Beta: 2.42

Key Executives

Mr. Blake L. Sartini Sr. (Age 63)
Chairman & CEO
Comp: $5.78M

Mr. Charles H. Protell (Age 48)
Pres, CFO & Treasurer
Comp: $3.82M

Mr. Stephen A. Arcana (Age 57)
Exec. VP & COO
Comp: $3.38M

Mr. Thomas Edwin Haas (Age 61)
Sr. VP & Chief Accounting Officer
Comp: $990.08k

Mr. Blake L. Sartini II (Age 37)
Exec. VP of Operations
Comp: $2.03M

Ms. Phyllis A. Gilland (Age 63)
Gen. Counsel & Corp. Sec.

Mr. Terry Contreras (Age 59)
Chief Financial Officer of Red Hawk Casino

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GDEN Stock - Frequently Asked Questions

Should I buy or sell Golden Entertainment stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golden Entertainment in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GDEN shares.
View GDEN analyst ratings or view top-rated stocks.
What is Golden Entertainment's stock price forecast for 2022?: 6 analysts have issued 1 year price targets for Golden Entertainment's shares. Their GDEN share price forecasts range from $51.00 to $70.00. On average, they expect the company's stock price to reach $63.33 in the next twelve months. This suggests a possible upside of 81.5% 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 2022?: Golden Entertainment's stock was trading at $50.53 on January 1st, 2022. Since then, GDEN stock has decreased by 31.0% and is now trading at $34.89.
View the best growth stocks for 2022 here.
When is Golden Entertainment's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our GDEN earnings forecast.
How were Golden Entertainment's earnings last quarter?: Golden Entertainment, Inc. (NASDAQ:GDEN) issued its quarterly earnings results on Thursday, August, 4th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.90 by $0.20. The firm earned $289.37 million during the quarter, compared to analysts' expectations of $287.81 million. Golden Entertainment had a trailing twelve-month return on equity of 32.87% and a net margin of 9.35%.

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).
What is Golden Entertainment's stock symbol?: Golden Entertainment trades on the NASDAQ under the ticker symbol "GDEN."
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.
What is Golden Entertainment's stock price today?: One share of GDEN stock can currently be purchased for approximately $34.89.
How much money does Golden Entertainment make?: Golden Entertainment (NASDAQ:GDEN) has a market capitalization of $994.54 million and generates $1.10 billion in revenue each year. The company earns $161.78 million in net income (profit) each year or $3.29 on an earnings per share basis.
How many employees does Golden Entertainment have?: The company employs 6,300 workers across the globe.
How can I contact Golden Entertainment?: Golden Entertainment's mailing address is 6595 S JONES BOULEVARD, LAS VEGAS NV, 89118. The official website for the company is www.goldenent.com. The company can be reached via phone at (702) 893-7777, via email at gden@jcir.com, or via fax at 952-449-9353.

This page (NASDAQ:GDEN) was last updated on 10/3/2022 by MarketBeat.com Staff

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Golden Entertainment - GDEN Stock Forecast, Price & News

Golden Entertainment MarketRank™ Forecast

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

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Golden Entertainment (NASDAQ:GDEN) Stock

GDEN Stock News Headlines

GDEN Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GDEN Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™