Boyd Gaming - BYD Stock Forecast, Price & News

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

13 Wall Street analysts have issued 12-month price targets for Boyd Gaming's shares. Their BYD share price forecasts range from $62.00 to $86.00. On average, they expect the company's share price to reach $73.87 in the next year. This suggests a possible upside of 20.2% 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 2023. Since then, BYD stock has increased by 12.7% and is now trading at $61.45.
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Boyd Gaming saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 3,960,000 shares, a drop of 7.9% from the February 13th total of 4,300,000 shares. Based on an average daily trading volume, of 914,100 shares, the short-interest ratio is currently 4.3 days. Currently, 5.5% of the shares of the stock are sold short.
View Boyd Gaming's Short Interest.

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

Boyd Gaming Co. (NYSE:BYD) released its quarterly earnings results on Thursday, February, 2nd. The company reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates of $1.45 by $0.27. The firm had revenue of $922.90 million for the quarter, compared to analyst estimates of $880.30 million. Boyd Gaming had a net margin of 17.98% and a trailing twelve-month return on equity of 42.63%. The company's revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.35 EPS.

Boyd Gaming announced a quarterly dividend on Tuesday, February 14th. Stockholders of record on Wednesday, March 15th will be paid a dividend of $0.16 per share on Saturday, April 15th. This represents a $0.64 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Tuesday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.15.
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), Burney U.S. Factor Rotation ETF (BRNY), AdvisorShares Vice ETF (VICE), iBET Sports Betting & Gaming ETF (IBET), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), Roundhill Sports Betting & iGaming ETF (BETZ), Invesco Dynamic Leisure and Entertainment ETF (PEJ) 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 1.06%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BYD will have a dividend payout ratio of 10.47% 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 institutional and retail investors. Top institutional investors include Ariel Investments LLC (3.31%), Bamco Inc. NY (1.87%), Arrowstreet Capital Limited Partnership (1.64%), Millennium Management LLC (1.64%), Geode Capital Management LLC (1.03%) and Morgan Stanley (0.99%). 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 $61.45.

Boyd Gaming (NYSE:BYD) has a market capitalization of $6.26 billion and generates $3.56 billion in revenue each year. The company earns $639.38 million in net income (profit) each year or $5.87 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.