Boyd Gaming (BYD) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boyd Gaming in the last year. There are currently 2 hold ratings and 9 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.

11 equities research analysts have issued 1 year target prices for Boyd Gaming's shares. Their BYD share price forecasts range from $67.00 to $85.00. On average, they anticipate the company's stock price to reach $77.00 in the next twelve months. This suggests a possible upside of 25.5% from the stock's current price.
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Boyd Gaming's stock was trading at $54.53 at the beginning of the year. Since then, BYD stock has increased by 12.5% and is now trading at $61.37.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our BYD earnings forecast.

Boyd Gaming Co. (NYSE:BYD) announced its quarterly earnings results on Thursday, July, 27th. The company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.02. The business earned $916.95 million during the quarter, compared to analyst estimates of $910.59 million. Boyd Gaming had a net margin of 19.61% and a trailing twelve-month return on equity of 41.56%. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.48 earnings per share.

Boyd Gaming announced 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 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for BYD.

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).

Boyd Gaming (NYSE:BYD) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.02%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BYD will have a dividend payout ratio of 9.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BYD.

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.

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).

Boyd Gaming trades on the New York Stock Exchange (NYSE) under the ticker symbol "BYD."

Boyd Gaming's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.05%), Cohen & Steers Inc. (3.51%), Ariel Investments LLC (3.11%), State Street Corp (2.20%), Boston Partners (2.13%) and HG Vora Capital Management LLC (2.00%). Insiders that own company stock include A Randall Thoman, Christine J Spadafor, Josh Hirsberg, Keith Smith, Marianne Boyd Johnson, Robert L Boughner, Robert L Boughner, Stephen S Thompson, Ted Bogich, Veronica J Wilson, William R Boyd and William S Boyd.
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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.
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One share of BYD stock can currently be purchased for approximately $61.37.

Boyd Gaming (NYSE:BYD) has a market capitalization of $6.14 billion and generates $3.56 billion in revenue each year. The company earns $639.38 million in net income (profit) each year or $6.91 on an earnings per share basis.

The company employs 15,771 workers across the globe.

Boyd Gaming's mailing address is 3883 HOWARD HUGHES PARKWAY NINTH FLOOR, LAS VEGAS NV, 89169. The official website for the company is www.boydgaming.com. The company can be reached via phone at (702) 792-7200, via email at ir@boydgaming.com, or via fax at 702-792-7313.