NYSE:BYD

Boyd Gaming (BYD) Stock Price, News & Analysis

$55.07
-0.33 (-0.60%)
(As of 05/16/2024 ET)
Today's Range
$54.99
$56.06
50-Day Range
$53.18
$67.67
52-Week Range
$52.42
$73.00
Volume
724,124 shs
Average Volume
1.35 million shs
Market Capitalization
$5.23 billion
P/E Ratio
9.89
Dividend Yield
1.23%
Price Target
$93.64

Boyd Gaming MarketRank™ Stock Analysis

Analyst Rating
Hold
2.30 Rating Score
Upside/​Downside
70.0% Upside
$93.64 Price Target
Short Interest
Bearish
5.00% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.47
Upright™ Environmental Score
News Sentiment
0.74mentions of Boyd Gaming in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$29.56 M Sold Last Quarter
Proj. Earnings Growth
5.78%
From $6.06 to $6.41 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.90 out of 5 stars

Consumer Discretionary Sector

8th out of 271 stocks

Hotels & Motels Industry

3rd out of 27 stocks

BYD stock logo

About Boyd Gaming Stock (NYSE:BYD)

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. The company operates through Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online segments. It also engages in owning and operating a travel agency. Boyd Gaming Corporation was founded in 1975 and is headquartered in Las Vegas, Nevada.

BYD Stock Price History

BYD Stock News Headlines

Boyd Gaming (NYSE:BYD) Rating Lowered to Hold at StockNews.com
Should Ford Be Afraid of New BYD Pickup?
Boyd Gaming Co. (NYSE:BYD) Short Interest Up 20.4% in April
Boyd Gaming Announces Addl. $500 Mln Share Repurchase Program
Boyd: Q1 Earnings Snapshot
Boyd Gaming Corp. Q1 Profit Decreases, misses estimates
Boyd Gaming Reports First-Quarter 2024 Results
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 4/15 Dividend
3/14/2024
Dividend Payable
4/15/2024
Today
5/17/2024
Ex-Dividend for 7/15 Dividend
6/14/2024
Dividend Payable
7/15/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Hotels & motels
Sub-Industry
Casinos & Gaming
CUSIP
10330410
Employees
16,129
Year Founded
1975

Price Target and Rating

Average Stock Price Target
$93.64
High Stock Price Target
$308.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+70.0%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
11 Analysts

Profitability

Net Income
$620.02 million
Pretax Margin
17.97%

Debt

Sales & Book Value

Annual Sales
$3.74 billion
Cash Flow
$9.19 per share
Book Value
$18.50 per share

Miscellaneous

Free Float
68,368,000
Market Cap
$5.23 billion
Optionable
Optionable
Beta
1.64

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BYD Stock Analysis - Frequently Asked Questions

Should I buy or sell Boyd Gaming stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boyd Gaming in the last twelve months. There are currently 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BYD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BYD, but not buy additional shares or sell existing shares.
View BYD analyst ratings
or view top-rated stocks.

What is Boyd Gaming's stock price target for 2024?

11 analysts have issued 1 year target prices for Boyd Gaming's stock. Their BYD share price targets range from $65.00 to $308.00. On average, they anticipate the company's stock price to reach $93.64 in the next twelve months. This suggests a possible upside of 70.0% from the stock's current price.
View analysts price targets for BYD
or view top-rated stocks among Wall Street analysts.

How have BYD shares performed in 2024?

Boyd Gaming's stock was trading at $62.61 at the start of the year. Since then, BYD shares have decreased by 12.0% and is now trading at $55.07.
View the best growth stocks for 2024 here
.

Are investors shorting Boyd Gaming?

Boyd Gaming saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,660,000 shares, an increase of 20.4% from the April 15th total of 3,040,000 shares. Based on an average daily volume of 941,400 shares, the short-interest ratio is currently 3.9 days. Approximately 5.0% of the company's stock are sold short.
View Boyd Gaming's Short Interest
.

When is Boyd Gaming's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our BYD earnings forecast
.

How were Boyd Gaming's earnings last quarter?

Boyd Gaming Co. (NYSE:BYD) announced its quarterly earnings results on Thursday, February, 8th. The company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.23. The business earned $954.41 million during the quarter, compared to the consensus estimate of $928.04 million. Boyd Gaming had a net margin of 14.91% and a trailing twelve-month return on equity of 34.76%. The business's revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.72 earnings per share.

How often does Boyd Gaming pay dividends? What is the dividend yield for Boyd Gaming?

Boyd Gaming announced a quarterly dividend on Monday, May 13th. Investors of record on Saturday, June 15th will be given a dividend of $0.17 per share on Monday, July 15th. This represents a $0.68 annualized dividend and a yield of 1.23%. The ex-dividend date is Friday, June 14th.
Read our dividend analysis for BYD
.

Is Boyd Gaming a good dividend stock?

Boyd Gaming (NYSE:BYD) pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.25%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BYD will have a dividend payout ratio of 10.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BYD.

How will Boyd Gaming's stock buyback program work?

Boyd Gaming announced that its board has approved a share repurchase plan on Monday, May 13th 2024, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

What is Keith E. Smith's approval rating as Boyd Gaming's CEO?

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.

What other stocks do shareholders of Boyd Gaming own?

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).

Who are Boyd Gaming's major shareholders?

Boyd Gaming's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.37%), Ariel Investments LLC (2.84%), Bamco Inc. NY (2.00%), Price T Rowe Associates Inc. MD (1.06%), Pinnacle Associates Ltd. (0.70%) and Gamco Investors INC. ET AL (0.63%). Insiders that own company stock include A Randall Thoman, Christine J Spadafor, Josh Hirsberg, Keith Smith, Marianne Boyd Johnson, Stephen S Thompson, Ted Bogich, Veronica J Wilson, William R Boyd and William S Boyd.
View institutional ownership trends
.

How do I buy shares of Boyd Gaming?

Shares of BYD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BYD) was last updated on 5/17/2024 by MarketBeat.com Staff

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