Boyd Gaming (BYD) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boyd Gaming in the last twelve months. There are currently 1 sell rating, 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BYD shares.
View BYD analyst ratings or view top-rated stocks.

11 brokerages have issued 12 month price targets for Boyd Gaming's stock. Their BYD share price forecasts range from $62.00 to $86.00. On average, they predict the company's share price to reach $75.29 in the next year. This suggests a possible upside of 10.0% from the stock's current price.
View analysts price targets for BYD or view top-rated stocks among Wall Street analysts.

Boyd Gaming's stock was trading at $54.53 on January 1st, 2023. Since then, BYD shares have increased by 25.5% and is now trading at $68.43.
View the best growth stocks for 2023 here.

Boyd Gaming saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 3,690,000 shares, a drop of 8.2% from the April 15th total of 4,020,000 shares. Based on an average trading volume of 944,600 shares, the days-to-cover ratio is presently 3.9 days. Currently, 4.9% of the company's stock are sold short.
View Boyd Gaming's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our BYD earnings forecast.

Boyd Gaming Co. (NYSE:BYD) announced its quarterly earnings data on Tuesday, April, 25th. The company reported $1.71 earnings per share for the quarter, topping analysts' consensus estimates of $1.51 by $0.20. The company earned $963.97 million during the quarter, compared to analysts' expectations of $889.59 million. Boyd Gaming had a net margin of 18.48% and a trailing twelve-month return on equity of 43.15%. The company's revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last year, the company earned $1.40 EPS.

Boyd Gaming announced a quarterly dividend on Friday, May 5th. Stockholders of record on Thursday, June 15th will be paid a dividend of $0.16 per share on Saturday, July 15th. This represents a $0.64 annualized dividend and a dividend yield of 0.94%. The ex-dividend date is Wednesday, June 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), iBET Sports Betting & Gaming ETF (IBET), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), Invesco Dynamic Leisure and Entertainment ETF (PEJ), Roundhill Sports Betting & iGaming ETF (BETZ), B.A.D. Etf (BAD) and VanEck Gaming ETF (BJK).

Boyd Gaming (NYSE:BYD) pays an annual dividend of $0.64 per share and currently has a dividend yield of 0.96%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BYD will have a dividend payout ratio of 9.85% 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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.62%), FMR LLC (2.32%), State Street Corp (2.23%), Arrowstreet Capital Limited Partnership (1.36%), Boston Partners (1.27%) and JPMorgan Chase & Co. (1.23%). Insiders that own company stock include A Randall Thoman, 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.
View institutional ownership trends.

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 $68.43.

Boyd Gaming (NYSE:BYD) has a market capitalization of $6.91 billion and generates $3.56 billion in revenue each year. The company earns $639.38 million in net income (profit) each year or $6.35 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.