Should I buy or sell Boyd Gaming stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boyd Gaming in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BYD shares. View BYD analyst ratings or view top-rated stocks .

What is Boyd Gaming's stock price target for 2024?

12 Wall Street analysts have issued 12-month price targets for Boyd Gaming's shares. Their BYD share price targets range from $67.00 to $84.00. On average, they predict the company's share price to reach $76.64 in the next year. This suggests a possible upside of 25.6% from the stock's current price. View analysts price targets for BYD or view top-rated stocks among Wall Street analysts .

How have BYD shares performed in 2023?

Boyd Gaming's stock was trading at $54.53 at the beginning of the year. Since then, BYD stock has increased by 11.9% and is now trading at $61.01. View the best growth stocks for 2023 here .

Are investors shorting Boyd Gaming?

Boyd Gaming saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 3,520,000 shares, a decline of 10.7% from the October 31st total of 3,940,000 shares. Based on an average daily volume of 849,800 shares, the short-interest ratio is currently 4.1 days. Approximately 5.1% of the company's stock are sold short. View Boyd Gaming's Short Interest .

When is Boyd Gaming's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024. View our BYD earnings forecast .

How were Boyd Gaming's earnings last quarter?

Boyd Gaming Co. (NYSE:BYD) released its quarterly earnings results on Tuesday, October, 24th. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.44 by $0.08. The business earned $903.16 million during the quarter, compared to the consensus estimate of $873.36 million. Boyd Gaming had a trailing twelve-month return on equity of 38.87% and a net margin of 18.89%.

How often does Boyd Gaming pay dividends? What is the dividend yield for Boyd Gaming?

Boyd Gaming declared a quarterly dividend on Tuesday, August 15th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.16 per share on Sunday, October 15th. This represents a $0.64 annualized dividend and a yield of 1.05%. The ex-dividend date is Thursday, September 14th. Read our dividend analysis for BYD .

Is Boyd Gaming a good dividend stock?

Boyd Gaming (NYSE:BYD) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.09%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BYD will have a dividend payout ratio of 10.54% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BYD .

What ETFs hold Boyd Gaming's stock?

ETFs with the largest weight of Boyd Gaming (NYSE:BYD) stock in their portfolio include AdvisorShares Hotel ETF (BEDZ) , AdvisorShares Vice ETF (VICE) , LeaderShares AlphaFactor Tactical Focused ETF (LSAT) , Invesco Leisure and Entertainment ETF (PEJ) , Roundhill Sports Betting & iGaming ETF (BETZ) , iBET Sports Betting & Gaming ETF (IBET) , VanEck Gaming ETF (BJK) and B.A.D. Etf (BAD) .

What is Keith E. Smith's approval rating as Boyd Gaming's CEO?

164 employees have rated Boyd Gaming Chief Executive Officer Keith E. Smith on Glassdoor.com . Keith E. Smith has an approval rating of 66% among the company's employees.

What other stocks do shareholders of Boyd Gaming own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Boyd Gaming investors own include Ollie's Bargain Outlet (OLLI) , Hawkins (HWKN) , Micron Technology (MU) , NVIDIA (NVDA) , MGM Resorts International (MGM) , AT&T (T) , CVS Health (cvs) , Intel (INTC) and Delta Air Lines (DAL) .

Who are Boyd Gaming's major shareholders?

Boyd Gaming's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Ariel Investments LLC (3.12%), HG Vora Capital Management LLC (2.30%), Boston Partners (2.17%), FMR LLC (2.09%), Bamco Inc. NY (1.91%) and Fuller & Thaler Asset Management Inc. (1.69%). Insiders that own company stock include A Randall Thoman , Christine J Spadafor , Josh Hirsberg , Keith Smith , Marianne Boyd Johnson , Robert L Boughner, Stephen S Thompson , Ted Bogich , Veronica J Wilson , William R Boyd and William S Boyd . View institutional ownership trends .

How do I buy shares of Boyd Gaming?

Shares of BYD 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 .

Boyd Gaming Stock Price, News & Analysis (NYSE:BYD)

$61.01

+1.96 (+3.32%)

(As of 12/1/2023 ET)

Compare

Today's Range: $59.11
▼
$61.03
50-Day Range: $53.84
▼
$61.02
52-Week Range: $52.42
▼
$73.00

Volume: 1.13 million shs
Average Volume: 851,943 shs
Market Capitalization: $5.97 billion

P/E Ratio: 8.99
Dividend Yield: 1.05%
Price Target: $76.64

Boyd Gaming MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 25.6% Upside
$76.64 Price Target
Short Interest: Healthy
5.09% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -2.47
Upright™ Environmental Score
News Sentiment: 0.70
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -0.65%
From $6.11 to $6.07 Per Share

Overall MarketRank^™

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

2.94 out of 5 stars

Consumer Discretionary Sector

23rd out of 277 stocks

Hotels & Motels Industry

2nd out of 28 stocks

4.4

Analyst's Opinion

Consensus Rating
Boyd Gaming has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $76.64, Boyd Gaming has a forecasted upside of 25.6% from its current price of $61.01.
Amount of Analyst Coverage
Boyd Gaming has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
5.09% of the float of Boyd Gaming has been sold short.
Short Interest Ratio / Days to Cover
Boyd Gaming has a short interest ratio ("days to cover") of 4.1.
Change versus previous month
Short interest in Boyd Gaming has recently decreased by 10.66%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Boyd Gaming pays a meaningful dividend of 1.09%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Boyd Gaming has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Boyd Gaming is 9.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Boyd Gaming will have a dividend payout ratio of 10.54% next year. This indicates that Boyd Gaming will be able to sustain or increase its dividend.

1.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Boyd Gaming has received a -17.21% net impact score from Upright. The largest negative impact of Boyd Gaming in category "GHG emissions" seems to be driven mostly by its "Steak", "Spa resort services", "Casino hotel services", "Luxury hotel services", and "Western fine dining restaurant food" products. See details.
Environmental Sustainability
The Environmental Impact score for Boyd Gaming is -2.47.

3.2

News and Social Media Coverage

News Sentiment
Boyd Gaming has a news sentiment score of 0.70. 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 0.57 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Boyd Gaming this week, compared to 5 articles on an average week.
Search Interest
Only 12 people have searched for BYD on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
MarketBeat Follows
5 people have added Boyd Gaming to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Boyd Gaming insiders have not sold or bought any company stock.
Percentage Held by Insiders
27.94% of the stock of Boyd Gaming is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
67.98% of the stock of Boyd Gaming is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Boyd Gaming are expected to decrease by -0.65% in the coming year, from $6.11 to $6.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Boyd Gaming is 8.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boyd Gaming is 8.99, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 20.12.
Price to Earnings Growth Ratio
Boyd Gaming has a PEG Ratio of 3.75. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Boyd Gaming has a P/B Ratio of 3.38. 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 Boyd Gaming Stock (NYSE:BYD)

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. It operates through three segments: Las Vegas Locals, Downtown Las Vegas, and Midwest & South. The company also engages in owning and operating a travel agency. The company was founded in 1975 and is headquartered in Las Vegas, Nevada.

BYD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BYD Stock News Headlines

November 30, 2023 | stocknews.com

DKNG, BYD or LVS: Analyzing the Best Entertainment Stock to Buy

November 30, 2023 | americanbankingnews.com

Boyd Gaming (NYSE:BYD) Given "Buy" Rating at Truist Financial

December 2, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.

November 29, 2023 | finance.yahoo.com

Those who invested in Boyd Gaming (NYSE:BYD) five years ago are up 147%

November 28, 2023 | americanbankingnews.com

Boyd Gaming Co. (NYSE:BYD) Given Consensus Rating of "Moderate Buy" by Analysts

November 23, 2023 | msn.com

Why Is Boyd (BYD) Up 10% Since Last Earnings Report?

November 20, 2023 | seekingalpha.com

Boyd Gaming: A Solid Buy On The Dip Play Now At Under $60

November 16, 2023 | msn.com

Raiders, Boyd Gaming donating $50,000 to Maui fire relief

December 2, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 16, 2023 | finance.yahoo.com

Do Options Traders Know Something About Boyd Gaming (BYD) Stock We Don't?

November 12, 2023 | morningstar.com

Boyd Gaming Corp BYD

November 9, 2023 | stocknews.com

3 Entertainment Stocks to Secure November Profits

October 30, 2023 | finance.yahoo.com

Bear of the Day: Boyd Gaming (BYD)

October 26, 2023 | msn.com

JP Morgan Maintains Boyd Gaming (BYD) Overweight Recommendation

October 26, 2023 | markets.businessinsider.com

Hold Rating on Boyd Gaming Amid Q3 Performance Concerns and Upcoming Challenges: An Analysis by Stephen Grambling

October 25, 2023 | reuters.com

REFILE-BUZZ-Boyd Gaming falls after Q3 earnings miss

October 25, 2023 | markets.businessinsider.com

Deutsche Bank Maintains Buy Rating on Boyd Gaming Despite Anticipated Revenue Decline and Increased Costs