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NYSE:BYD

Boyd Gaming (BYD) Stock Price, News & Analysis

Boyd Gaming logo
$73.85 +0.75 (+1.03%)
(As of 11/29/2024 ET)

About Boyd Gaming Stock (NYSE:BYD)

Key Stats

Today's Range
$73.56
$74.55
50-Day Range
$62.50
$74.12
52-Week Range
$49.34
$74.78
Volume
486,368 shs
Average Volume
765,748 shs
Market Capitalization
$6.53 billion
P/E Ratio
14.09
Dividend Yield
0.92%
Price Target
$91.38
Consensus Rating
Moderate Buy

Company Overview

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.

Boyd Gaming Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
98th Percentile Overall Score

BYD MarketRank™: 

Boyd Gaming scored higher than 98% of companies evaluated by MarketBeat, and ranked 3rd out of 283 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Boyd Gaming has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 7 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Boyd Gaming has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Boyd Gaming's stock forecast and price target.
  • Earnings Growth

    Earnings for Boyd Gaming are expected to grow by 3.28% in the coming year, from $6.40 to $6.61 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Boyd Gaming is 14.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.08.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Boyd Gaming is 14.09, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.68.

  • Price to Earnings Growth Ratio

    Boyd Gaming has a PEG Ratio of 9.59. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Boyd Gaming has a P/B Ratio of 4.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Boyd Gaming's valuation and earnings.
  • Percentage of Shares Shorted

    3.94% of the float of Boyd Gaming has been sold short.
  • Short Interest Ratio / Days to Cover

    Boyd Gaming has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Boyd Gaming has recently decreased by 10.38%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Boyd Gaming has a dividend yield of 0.93%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Boyd Gaming does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Boyd Gaming is 12.98%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Boyd Gaming will have a dividend payout ratio of 10.29% next year. This indicates that Boyd Gaming will be able to sustain or increase its dividend.

  • Read more about Boyd Gaming's dividend.
  • Percentage of Shares Shorted

    3.94% of the float of Boyd Gaming has been sold short.
  • Short Interest Ratio / Days to Cover

    Boyd Gaming has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Boyd Gaming has recently decreased by 10.38%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Boyd Gaming has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Boyd Gaming this week, compared to 6 articles on an average week.
  • Search Interest

    13 people have searched for BYD on MarketBeat in the last 30 days. This is an increase of 225% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Boyd Gaming to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Boyd Gaming insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,540,944.00 in company stock.

  • Percentage Held by Insiders

    27.94% of the stock of Boyd Gaming is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    76.81% of the stock of Boyd Gaming is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Boyd Gaming's insider trading history.
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BYD Stock News Headlines

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BYD Stock Analysis - Frequently Asked Questions

Boyd Gaming's stock was trading at $62.61 at the beginning of the year. Since then, BYD stock has increased by 18.0% and is now trading at $73.85.
View the best growth stocks for 2024 here
.

Boyd Gaming Co. (NYSE:BYD) issued its quarterly earnings data on Thursday, July, 25th. The company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.09. The company's quarterly revenue was up 5.5% on a year-over-year basis.

Boyd Gaming's board initiated a stock repurchase plan on Monday, May 13th 2024, which permits the company to buy back $500,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 9.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.

Boyd Gaming's top institutional investors include HG Vora Capital Management LLC (3.39%), State Street Corp (2.39%), FMR LLC (1.71%) and Geode Capital Management LLC (1.31%). Insiders that own company stock include William S Boyd, William R Boyd, Marianne Boyd Johnson, Keith Smith, Josh Hirsberg, Ted Bogich, Stephen S Thompson, A Randall Thoman, Christine J Spadafor and Veronica J Wilson.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Boyd Gaming investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH), The RMR Group (RMR) and AUO (AUOTY).

Company Calendar

Last Earnings
7/25/2024
Ex-Dividend for 10/15 Dividend
9/13/2024
Dividend Payable
10/15/2024
Today
12/01/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/13/2025

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
$91.38
High Stock Price Target
$308.00
Low Stock Price Target
$67.00
Potential Upside/Downside
+23.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
14 Analysts

Profitability

Net Income
$620.02 million
Pretax Margin
16.89%

Debt

Sales & Book Value

Annual Sales
$3.84 billion
Cash Flow
$9.34 per share
Book Value
$18.46 per share

Miscellaneous

Free Float
63,693,000
Market Cap
$6.53 billion
Optionable
Optionable
Beta
1.55

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This page (NYSE:BYD) was last updated on 12/1/2024 by MarketBeat.com Staff
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