Golden Entertainment, Inc. (NASDAQ:GDEN) to Post Q1 2025 Earnings of $0.32 Per Share, B. Riley Forecasts

Golden Entertainment, Inc. (NASDAQ:GDEN) – Investment analysts at B. Riley issued their Q1 2025 earnings estimates for shares of Golden Entertainment in a research note issued to investors on Thursday, April 25th. B. Riley analyst D. Bain anticipates that the company will post earnings per share of $0.32 for the quarter. B. Riley currently has a “Buy” rating and a $46.00 target price on the stock. The consensus estimate for Golden Entertainment’s current full-year earnings is $1.21 per share. B. Riley also issued estimates for Golden Entertainment’s Q2 2025 earnings at $0.38 EPS, Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.40 EPS and FY2025 earnings at $1.57 EPS.

A number of other research firms have also weighed in on GDEN. StockNews.com lowered shares of Golden Entertainment from a “buy” rating to a “hold” rating in a research note on Monday, March 4th. JMP Securities reduced their price objective on shares of Golden Entertainment from $48.00 to $45.00 and set a “market outperform” rating for the company in a research note on Friday, March 1st. Finally, Truist Financial reduced their price objective on shares of Golden Entertainment from $45.00 to $44.00 and set a “buy” rating for the company in a research note on Tuesday, April 23rd.

Golden Entertainment Trading Down 2.4 %

Shares of GDEN stock opened at $32.41 on Monday. The company has a 50 day moving average of $34.93 and a 200-day moving average of $36.59. The company has a quick ratio of 2.30, a current ratio of 2.35 and a debt-to-equity ratio of 1.22. Golden Entertainment has a 12-month low of $30.38 and a 12-month high of $47.49. The firm has a market cap of $938.27 million, a P/E ratio of 3.91 and a beta of 2.25.

Golden Entertainment (NASDAQ:GDEN) last issued its quarterly earnings results on Thursday, February 29th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.07). Golden Entertainment had a return on equity of 6.40% and a net margin of 24.28%. The company had revenue of $230.69 million for the quarter, compared to analysts’ expectations of $228.75 million.

Golden Entertainment Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Monday, March 18th were given a dividend of $0.25 per share. The ex-dividend date was Friday, March 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.09%. Golden Entertainment’s dividend payout ratio (DPR) is currently 12.08%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. SummerHaven Investment Management LLC grew its position in shares of Golden Entertainment by 1.6% during the 4th quarter. SummerHaven Investment Management LLC now owns 17,356 shares of the company’s stock valued at $693,000 after purchasing an additional 265 shares in the last quarter. New York State Teachers Retirement System grew its position in shares of Golden Entertainment by 6.7% during the 1st quarter. New York State Teachers Retirement System now owns 6,272 shares of the company’s stock valued at $231,000 after purchasing an additional 394 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Golden Entertainment by 86.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,048 shares of the company’s stock valued at $36,000 after purchasing an additional 487 shares in the last quarter. Swiss National Bank grew its position in shares of Golden Entertainment by 1.1% during the 3rd quarter. Swiss National Bank now owns 47,600 shares of the company’s stock valued at $1,627,000 after purchasing an additional 500 shares in the last quarter. Finally, Teton Advisors Inc. grew its position in shares of Golden Entertainment by 0.7% during the 3rd quarter. Teton Advisors Inc. now owns 121,500 shares of the company’s stock valued at $4,153,000 after purchasing an additional 800 shares in the last quarter. 70.73% of the stock is currently owned by hedge funds and other institutional investors.

Golden Entertainment Company Profile

Golden Entertainment, Inc owns and operates a diversified entertainment platform in the United States. The company operates through four segments; Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. It also operates casino, casino resorts, and taverns; and slot machines in third party non-casino locations.