NYSE:BALY Bally's (BALY) Stock Forecast, Price & News $16.05 +0.02 (+0.12%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$15.90▼$16.3650-Day Range$13.23▼$19.1152-Week Range$13.09▼$26.78Volume336,962 shsAverage Volume330,065 shsMarket Capitalization$740.66 millionP/E RatioN/ADividend YieldN/APrice Target$25.63 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Bally's MarketRank™ ForecastAnalyst RatingHold2.38 Rating ScoreUpside/Downside59.7% Upside$25.63 Price TargetShort InterestHealthy4.83% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.42Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.83) to $1.53 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.23 out of 5 starsConsumer Discretionary Sector131st out of 269 stocksHotels & Motels Industry14th out of 28 stocks 3.2 Analyst's Opinion Consensus RatingBally's has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.63, Bally's has a forecasted upside of 59.7% from its current price of $16.05.Amount of Analyst CoverageBally's has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.83% of the float of Bally's has been sold short.Short Interest Ratio / Days to CoverBally's has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in Bally's has recently decreased by 8.57%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldBally's does not currently pay a dividend.Dividend GrowthBally's does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BALY. Previous Next 1.9 News and Social Media Coverage News SentimentBally's has a news sentiment score of 0.42. 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 0.64 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Bally's this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for BALY on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Bally's to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bally's insiders have not sold or bought any company stock.Percentage Held by Insiders26.30% of the stock of Bally's is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions69.69% of the stock of Bally's is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Bally's are expected to grow in the coming year, from ($0.83) to $1.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bally's is -3.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Bally's is -3.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBally's has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Bally's (NYSE:BALY) StockBally's Corp. engages in the business of casino hotels and horse racetrack. Its properties include Twin River Casino, Hard Rock, Biloxi, Tiverton, Dover Downs, Arapahoe Park, Mardi Gras, Golden Gates, Golden Gulch, KC, Casino Vicksburg, Bally's Atlantic City, and Eldorado Resort casino Shreveport. The company was founded on March 1, 2004 and is headquartered in Providence, RI.Read More Receive BALY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bally's and its competitors with MarketBeat's FREE daily newsletter. Email Address BALY Stock News HeadlinesJune 8, 2023 | americanbankingnews.comBrokerages Set Bally's Co. (NYSE:BALY) PT at $25.63June 6, 2023 | markets.businessinsider.comStifel Nicolaus Sticks to Their Hold Rating for Bally’s Corporation (BALY)June 9, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 26, 2023 | americanbankingnews.comBally's (NYSE:BALY) Reaches New 52-Week Low After Analyst DowngradeMay 25, 2023 | americanbankingnews.comBally's (NYSE:BALY) Price Target Cut to $18.00May 25, 2023 | americanbankingnews.comBally's (NYSE:BALY) Stock Price Down 6.2% Following Analyst DowngradeMay 25, 2023 | markets.businessinsider.comStifel Nicolaus Keeps Their Hold Rating on Bally’s Corporation (BALY)May 23, 2023 | msn.comJefferies Maintains Ballys (BALY) Hold RecommendationJune 9, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 17, 2023 | markets.businessinsider.comStifel Nicolaus Sticks to Its Hold Rating for Bally’s Corporation (BALY)May 16, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About Bally's (BALY) Q1 EarningsMay 15, 2023 | msn.comThe push for major league baseball in Las Vegas takes another step forwardMay 15, 2023 | finance.yahoo.comBally's, GLPI And The Oakland Athletics Reach Transformational Agreement Enabling State-of-the-Art Ballpark On The Las Vegas StripMay 14, 2023 | americanbankingnews.comAnalysts Set Bally's Co. (NYSE:BALY) Price Target at $26.71May 13, 2023 | americanbankingnews.comBally's (NYSE:BALY) Price Target Cut to $23.00 by Analysts at Truist FinancialMay 12, 2023 | msn.comBally's Chicago casino will be the first in the downtown of a major U.S. cityMay 11, 2023 | finance.yahoo.comCity Approves Design Of Bally's Chicago CasinoMay 11, 2023 | msn.comTruist Securities Maintains Bally''s (BALY) Buy RecommendationMay 11, 2023 | americanbankingnews.comBarclays Trims Bally's (NYSE:BALY) Target Price to $21.00May 10, 2023 | msn.comBally's Q1 2023 Earnings PreviewMay 10, 2023 | washingtonpost.comBally's: Q1 Earnings SnapshotMay 10, 2023 | msn.comBally’s Delivers Robust Q1 NumbersMay 10, 2023 | markets.businessinsider.comAnalysts Are Neutral on Top Services Stocks: Expedia (EXPE), Bally’s Corporation (BALY)May 10, 2023 | msn.comBally's overcomes weather challenges to top Q1 revenue estimatesMay 10, 2023 | markets.businessinsider.comBally’s Corporation (BALY) Receives a Rating Update from a Top AnalystMay 9, 2023 | finance.yahoo.comBally's Names Marcus Glover Executive Vice President And Chief Financial Officer And Appoints Jaymin B. Patel As Vice ChairmanMay 9, 2023 | finance.yahoo.comBally's Corporation Announces First Quarter 2023 ResultsSee More Headlines BALY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BALY Company Calendar Last Earnings5/09/2023Today6/09/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Hotels & motels Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:BALY CUSIPN/A CIK1747079 Webwww.twinriverwwholdings.com Phone(401) 475-8474FaxN/AEmployees10,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$25.63 High Stock Price Forecast$45.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+59.2%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($4.64) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-425,550,000.00 Net Margins-10.80% Pretax Margin-5.84% Return on Equity-4.13% Return on Assets-0.70% Debt Debt-to-Equity Ratio3.24 Current Ratio0.92 Quick Ratio0.90 Sales & Book Value Annual Sales$2.26 billion Price / Sales0.33 Cash Flow$5.51 per share Price / Cash Flow2.92 Book Value$14.83 per share Price / Book1.09Miscellaneous Outstanding Shares46,150,000Free Float34,010,000Market Cap$743.02 million OptionableOptionable Beta1.92 Key ExecutivesRobeson Mandela ReevesChief Executive Officer & DirectorRobert M. LavanChief Financial Officer & Executive Vice PresidentRob WeirChief Information Officer & Senior VPPhil JulianoChief Marketing Officer & Executive Vice PresidentKim Barker LeeChief Legal Officer & Executive Vice PresidentKey CompetitorsFull House ResortsNASDAQ:FLLCentury CasinosNASDAQ:CNTYMonarch Casino & ResortNASDAQ:MCRIPlaya Hotels & ResortsNASDAQ:PLYAAtour LifestyleNASDAQ:ATATView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 8,626 shares on 5/18/2023Ownership: 0.091%New York State Common Retirement FundSold 6,500 shares on 5/18/2023Ownership: 0.049%State Street CorpBought 3,486 shares on 5/16/2023Ownership: 1.500%Geode Capital Management LLCBought 15,631 shares on 5/16/2023Ownership: 1.284%Ancora Advisors LLCSold 1,000 shares on 5/16/2023Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions BALY Stock - Frequently Asked Questions Should I buy or sell Bally's stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bally's in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BALY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BALY, but not buy additional shares or sell existing shares. View BALY analyst ratings or view top-rated stocks. What is Bally's' stock price forecast for 2023? 8 brokerages have issued 1 year target prices for Bally's' shares. Their BALY share price forecasts range from $18.00 to $45.00. On average, they predict the company's stock price to reach $25.63 in the next year. This suggests a possible upside of 59.2% from the stock's current price. View analysts price targets for BALY or view top-rated stocks among Wall Street analysts. How have BALY shares performed in 2023? Bally's' stock was trading at $19.38 at the beginning of the year. Since then, BALY stock has decreased by 16.9% and is now trading at $16.10. View the best growth stocks for 2023 here. Are investors shorting Bally's? Bally's saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,920,000 shares, a decrease of 8.6% from the April 30th total of 2,100,000 shares. Based on an average trading volume of 321,700 shares, the short-interest ratio is presently 6.0 days. Currently, 4.8% of the shares of the stock are sold short. View Bally's' Short Interest. When is Bally's' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our BALY earnings forecast. How were Bally's' earnings last quarter? Bally's Co. (NYSE:BALY) announced its earnings results on Tuesday, May, 9th. The company reported ($0.74) earnings per share for the quarter, missing analysts' consensus estimates of ($0.31) by $0.43. The firm had revenue of $598.72 million for the quarter, compared to the consensus estimate of $594.49 million. Bally's had a negative net margin of 10.80% and a negative trailing twelve-month return on equity of 4.13%. What ETFs hold Bally's' stock? ETFs with the largest weight of Bally's (NYSE:BALY) stock in their portfolio include Roundhill Sports Betting & iGaming ETF (BETZ), B.A.D. Etf (BAD), Pacer BlueStar Digital Entertainment ETF (ODDS) and First Trust S-Network Streaming and Gaming ETF (BNGE).Ranger Equity Bear ETF (HDGE). What guidance has Bally's issued on next quarter's earnings? Bally's issued an update on its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.50 billion-$2.60 billion, compared to the consensus revenue estimate of $2.52 billion. What is Bally's' stock symbol? Bally's trades on the New York Stock Exchange (NYSE) under the ticker symbol "BALY." Who are Bally's' major shareholders? Bally's' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.78%), Vaughan Nelson Investment Management L.P. (2.63%), Sycale Advisors NY LLC (1.99%), Deroy & Devereaux Private Investment Counsel Inc. (1.49%), State Street Corp (1.50%) and Geode Capital Management LLC (1.28%). Insiders that own company stock include General LP Standard, Jeffrey W Rollins, Marc A Crisafulli, Robeson Reeves, Stephen H Capp and Terrence Downey. View institutional ownership trends. How do I buy shares of Bally's? Shares of BALY 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 Bally's' stock price today? One share of BALY stock can currently be purchased for approximately $16.10. How much money does Bally's make? Bally's (NYSE:BALY) has a market capitalization of $743.02 million and generates $2.26 billion in revenue each year. The company earns $-425,550,000.00 in net income (profit) each year or ($4.64) on an earnings per share basis. How many employees does Bally's have? The company employs 10,500 workers across the globe. How can I contact Bally's? Bally's' mailing address is 100 Westminster Street, Providence RI, 02903. The official website for the company is www.twinriverwwholdings.com. The company can be reached via phone at (401) 475-8474 or via email at investorrelations@twinriver.com. This page (NYSE:BALY) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Bally's Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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