Boyd Group Services (BYD) Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Boyd Group Services in the last year. There are currently 4 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BYD shares.
View BYD analyst ratings or view top-rated stocks.

8 analysts have issued 12-month price targets for Boyd Group Services' shares. Their BYD share price forecasts range from C$230.00 to C$300.00. On average, they predict the company's stock price to reach C$267.45 in the next year. This suggests a possible upside of 8.8% from the stock's current price.
View analysts price targets for BYD or view top-rated stocks among Wall Street analysts.

Boyd Group Services' stock was trading at C$209.16 on January 1st, 2023. Since then, BYD stock has increased by 17.5% and is now trading at C$245.78.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our BYD earnings forecast.

Boyd Group Services Inc. (TSE:BYD) issued its earnings results on Thursday, August, 10th. The company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.32. The firm had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $962.88 million. Boyd Group Services had a net margin of 2.68% and a trailing twelve-month return on equity of 9.58%.

Boyd Group Services announced a quarterly dividend on Friday, September 15th. Stockholders of record on Saturday, September 30th will be paid a dividend of 0.199 per share on Friday, October 27th. This represents a $0.80 annualized dividend and a yield of 0.32%. The ex-dividend date of this dividend is Thursday, September 28th. This is an increase from the stock's previous quarterly dividend of C$0.15.
Read our dividend analysis for BYD.

Boyd Group Services (TSE:BYD) pays an annual dividend of C$0.59 per share and currently has a dividend yield of 0.24%. The dividend payout ratio is 12.85%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BYD.

Based on aggregate information from My MarketBeat watchlists, some companies that other Boyd Group Services investors own include Boyd Group Income Fund (BYD.UN), Royal Bank of Canada (RY), Air Canada (AC), Canadian Natural Resources (CNQ), Enbridge (ENB), NVIDIA (NVDA), AT&T (T), Toronto-Dominion Bank (TD), Bank of Montreal (BMO) and Canadian National Railway (CNR).

Boyd Group Services trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BYD."

Shares of BYD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of BYD stock can currently be purchased for approximately C$245.78.

Boyd Group Services (TSE:BYD) has a market capitalization of C$5.28 billion and generates C$2.73 billion in revenue each year. The company earns C$73.15 million in net income (profit) each year or C$4.59 on an earnings per share basis.

The company employs 12,391 workers across the globe.

Boyd Group Services' mailing address is 3883 Howard Hughes Pkwy Fl 9th, Las Vegas, Nevada 89169-0974. The official website for the company is www.boydgroup.com. The company can be reached via phone at 204 895 1244.