Should I buy or sell Boyd Gaming stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boyd Gaming in the last year. There are currently 7 hold ratings and 3 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?

10 brokerages have issued twelve-month target prices for Boyd Gaming's stock. Their BYD share price targets range from $65.00 to $80.00. On average, they expect the company's share price to reach $72.20 in the next year. This suggests a possible upside of 35.3% 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 beginning of 2024. Since then, BYD shares have decreased by 14.8% and is now trading at $53.36. View the best growth stocks for 2024 here .

Are investors shorting Boyd Gaming?

Boyd Gaming saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 3,040,000 shares, a decrease of 10.9% from the March 31st total of 3,410,000 shares. Based on an average daily trading volume, of 732,300 shares, the days-to-cover ratio is currently 4.2 days. Approximately 4.1% of the shares of the company 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) released its 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 had revenue of $954.41 million for the quarter, compared to analysts' expectations of $928.04 million. Boyd Gaming had a trailing twelve-month return on equity of 34.77% and a net margin of 14.91%. The company's revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the firm earned $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 Thursday, February 29th. Investors of record on Friday, March 15th will be paid a dividend of $0.17 per share on Monday, April 15th. This represents a $0.68 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.16. 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 1.26%. 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 10.45% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BYD .

What ETFs hold Boyd Gaming's stock?

ETFs with the largest weight of Boyd Gaming (NYSE:BYD) stock in their portfolio include AdvisorShares Hotel ETF (BEDZ) , AdvisorShares Vice ETF (VICE) , iBET Sports Betting & Gaming ETF (IBET) , VanEck Gaming ETF (BJK) , B.A.D. Etf (BAD) , Roundhill Sports Betting & iGaming ETF (BETZ) , Goldman Sachs Small Cap Core Equity ETF (GSC) and Opus Small Cap Value Plus ETF (OSCV) .

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 retail and institutional investors. Top institutional shareholders include Pinnacle Associates Ltd. (0.70%), SpiderRock Advisors LLC (0.00%), Principal Financial Group Inc. (0.27%), Retirement Systems of Alabama (0.23%), Portman Square Capital LLP (0.00%) and New York State Teachers Retirement System (0.11%). 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 .

NYSE:BYD

Boyd Gaming (BYD) Stock Price, News & Analysis

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Free BYD Stock Alerts

$53.36

-0.15 (-0.28%)

(As of 05/1/2024 ET)

Compare

Today's Range: $52.53
▼
$54.21
50-Day Range: $53.18
▼
$67.67
52-Week Range: $52.42
▼
$73.00

Volume: 1.55 million shs
Average Volume: 843,633 shs
Market Capitalization: $5.11 billion

P/E Ratio: 9.58
Dividend Yield: 1.27%
Price Target: $72.20

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Boyd Gaming MarketRank™ Stock Analysis

Analyst Rating: Hold
2.30 Rating Score
Upside/Downside: 35.3% Upside
$72.20 Price Target
Short Interest: Healthy
4.10% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -2.47
Upright™ Environmental Score
News Sentiment: -0.17
Based on 40 Articles This Week
Insider Trading: Selling Shares
$37.30 M Sold Last Quarter
Proj. Earnings Growth: 6.20%
From $6.13 to $6.51 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.

4.86 out of 5 stars

Consumer Discretionary Sector

8th out of 263 stocks

Hotels & Motels Industry

3rd out of 26 stocks

4.2

Analyst's Opinion

Consensus Rating
Boyd Gaming has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Boyd Gaming has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
4.10% 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 4.2.
Change versus previous month
Short interest in Boyd Gaming has recently decreased by 10.85%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Boyd Gaming pays a meaningful dividend of 1.26%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Boyd Gaming has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Boyd Gaming is 12.21%. 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 10.45% next year. This indicates that Boyd Gaming will be able to sustain or increase its dividend.

1.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Boyd Gaming has received a -17.21% net impact score from Upright. The largest negative impact of Boyd Gaming in category "GHG emissions" seems to be driven mostly by its "Steak", "Spa resort services", "Casino hotel services", "Luxury hotel services", and "Western fine dining restaurant food" products. See details.
Environmental Sustainability
The Environmental Impact score for Boyd Gaming is -2.47.

1.0

News and Social Media Coverage

News Sentiment
Boyd Gaming has a news sentiment score of -0.17. 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 lower news sentiment than the 0.42 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 40 news articles for Boyd Gaming this week, compared to 6 articles on an average week.
Search Interest
Only 17 people have searched for BYD on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Boyd Gaming to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

4.2

Company Ownership

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 $37,299,461.00 in company stock.
Percentage Held by Insiders
28.40% 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Boyd Gaming are expected to grow by 6.20% in the coming year, from $6.13 to $6.51 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Boyd Gaming is 9.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.11.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boyd Gaming is 9.58, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.90.
Price to Earnings Growth Ratio
Boyd Gaming has a PEG Ratio of 2.55. 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 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

BYD Stock News Headlines

May 1, 2024 | msn.com

Argus Research Downgrades Boyd Gaming (BYD)

April 30, 2024 | finance.yahoo.com

Boyd Gaming Corporation (NYSE:BYD) Q1 2024 Earnings Call Transcript

May 2, 2024 | Chaikin Analytics (Ad)

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