Boyd Gaming (BYD) Stock Price, News & Analysis

Company Overview

Boyd Gaming Corporation (NYSE: BYD) is a diversified hospitality and gaming company headquartered in Las Vegas, Nevada. The company develops, owns and operates a portfolio of branded gaming and entertainment properties, including casinos, hotels, restaurants and meeting facilities. Boyd Gaming’s offerings range from slot machines and table games to live entertainment, dining concepts and convention space, designed to appeal to both regional and destination visitors.

Founded in 1975 by its namesake, William S. “Bill” Boyd, the company began with the opening of its first property on Fremont Street in downtown Las Vegas. Over the decades, Boyd Gaming has expanded through both organic development and strategic acquisitions. Notable milestones include the purchase of Coast Casinos in 2004, which added properties such as Gold Coast and The Orleans, and more recent expansions into riverboat and racetrack resorts.

Today, Boyd Gaming’s portfolio spans multiple U.S. markets, with a mix of urban and regional properties. Key locations include Las Vegas resorts such as the Fremont Hotel & Casino and Sam’s Town; regional destinations like IP Casino Resort in Biloxi, Mississippi; Blue Chip Casino in Michigan City, Indiana; Par-A-Dice Hotel Casino in East Peoria, Illinois; and Delta Downs Racetrack Resort in Vinton, Louisiana. The company’s geographic diversification allows it to capture a wide audience, from local gaming patrons to tourists seeking integrated resort experiences.

Leadership at Boyd Gaming is led by President and Chief Executive Officer Keith E. Smith, who has held executive roles in finance and operations within the company since 2011. Under his direction, Boyd Gaming has pursued initiatives in digital gaming platforms and non-gaming amenities, while maintaining a focus on customer service and community partnerships. The company’s board and management team continue to emphasize operational efficiency, brand development and market expansion in the competitive hospitality and gaming landscape.

Key Stats

• Today's Range: $77.40 to $79.24
• 50-Day Range: $78.10 to $89.10
• 52-Week Range: $72.01 to $89.96
• Volume: 240,601 shs
• Average Volume: 935,623 shs
• Market Capitalization: $5.86 billion
• P/E Ratio: 3.46
• Dividend Yield: 1.01%
• Price Target: $92.08
• Consensus Rating: Hold

Boyd Gaming Stock Analysis - MarketRank™

Boyd Gaming scored higher than 90% of companies evaluated by MarketBeat, and ranked 50th out of 269 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Hold

Consensus Rating

Boyd Gaming has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on no strong buy ratings, 5 buy ratings, 9 hold ratings, and no sell ratings.

Upside Potential

Boyd Gaming has a consensus price target of $92.08, representing about 17.0% upside from its current price of $78.70.

Amount of Analyst Coverage

Boyd Gaming has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.56%

Earnings Growth

Earnings for Boyd Gaming are expected to grow by 6.56% in the coming year, from $7.32 to $7.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Boyd Gaming is 3.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boyd Gaming is 3.45, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.22.

Price to Earnings Growth Ratio

Boyd Gaming has a PEG Ratio of 1.82. 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 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.02% 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 2.98, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Boyd Gaming has recently increased by 5.14%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Boyd Gaming pays a meaningful dividend of 1.02%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Boyd Gaming has only been increasing its dividend for 4 years.

Dividend Coverage

The dividend payout ratio of Boyd Gaming is 3.51%. 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 10.26% next year. This indicates that Boyd Gaming will be able to sustain or increase its dividend.

News and Social Media

• Score: 4.6 / 5
• News Sentiment: 1.32

News Sentiment

Boyd Gaming has a news sentiment score of 1.32. 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 0.51 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Boyd Gaming this week, compared to 5 articles on an average week.

Search Interest

32 people have searched for BYD on MarketBeat in the last 30 days. This is an increase of 68% compared to the previous 30 days.

MarketBeat Follows

2 people have added Boyd Gaming to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.1 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Boyd Gaming insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,135,614.00 in company stock.

Percentage Held by Insiders

22.82% 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

76.81% of the stock of Boyd Gaming is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 4/15 Dividend: 3/16/2026
• Ex-Dividend for 4/15 Dividend: 3/16/2026
• Dividend Payable: 4/15/2026
• Last Earnings: 4/23/2026
• Today: 5/21/2026
• Record date for 7/15 Dividend: 6/15/2026
• Ex-Dividend for 7/15 Dividend: 6/15/2026
• Dividend Payable: 7/15/2026
• Next Earnings (Estimated): 7/23/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: GAMING
• Sub-Industry: Casinos & Gaming
• Current Symbol: NYSE:BYD
• CIK: 906553
• Web: www.boydgaming.com
• Phone: (702) 792-7200
• Fax: 702-792-7313
• Employees: 16,009
• Year Founded: 1975

Price Target and Rating

• Average Price Target for Boyd Gaming: $92.08
• High Price Target: $110.00
• Low Price Target: $83.00
• Potential Upside/Downside: +16.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.36
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $22.81
• Trailing P/E Ratio: 3.46
• Forward P/E Ratio: 10.79
• P/E Growth: 1.82
• Net Income: $1.84 billion
• Net Margins: 44.84%
• Pretax Margin: 56.48%
• Return on Equity: 25.63%
• Return on Assets: 8.99%

Debt

• Debt-to-Equity Ratio: 0.90
• Current Ratio: 0.60
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $4.09 billion
• Price / Sales: 1.43
• Cash Flow: $11.84 per share
• Price / Cash Flow: 6.67
• Book Value: $34.10 per share
• Price / Book: 2.32

Miscellaneous

• Outstanding Shares: 74,330,000
• Free Float: 57,368,000
• Market Cap: $5.87 billion
• Optionable: Optionable
• Beta: 1.11