Boyd Gaming (BYD) Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boyd Gaming in the last twelve months. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BYD shares.
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11 Wall Street research analysts have issued 12 month price objectives for Boyd Gaming's shares. Their BYD share price forecasts range from $67.00 to $85.00. On average, they anticipate the company's share price to reach $77.00 in the next year. This suggests a possible upside of 27.9% 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 at the beginning of the year. Since then, BYD shares have increased by 10.4% and is now trading at $60.22.
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Boyd Gaming saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,920,000 shares, an increase of 20.2% from the August 31st total of 3,260,000 shares. Based on an average daily volume of 770,200 shares, the short-interest ratio is currently 5.1 days. Approximately 5.5% of the shares of the company are sold short.
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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) issued its quarterly earnings data on Thursday, July, 27th. The company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.56 by $0.02. The company earned $916.95 million during the quarter, compared to the consensus estimate of $910.59 million. Boyd Gaming had a trailing twelve-month return on equity of 41.56% and a net margin of 19.61%. Boyd Gaming's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the company earned $1.48 EPS.

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 1.06%. 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 1.05%. 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 number of institutional and retail 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 $60.22.

Boyd Gaming (NYSE:BYD) has a market capitalization of $6.02 billion and generates $3.68 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.