Boyd Gaming (BYD) to Release Earnings on Thursday

Boyd Gaming (NYSE:BYD) is projected to announce its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect the company to announce earnings of $1.97 per share and revenue of $1.0423 billion for the quarter. Individuals can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, April 23, 2026 at 5:00 PM ET.

Boyd Gaming (NYSE:BYD) last posted its earnings results on Thursday, February 5th. The company reported $2.21 EPS for the quarter, beating analysts’ consensus estimates of $1.88 by $0.33. The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Boyd Gaming had a net margin of 45.05% and a return on equity of 30.14%. Boyd Gaming’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.96 earnings per share. On average, analysts expect Boyd Gaming to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Boyd Gaming Price Performance

Shares of BYD opened at $85.96 on Thursday. The company has a 50 day moving average of $83.32 and a two-hundred day moving average of $83.45. The company has a quick ratio of 0.52, a current ratio of 0.54 and a debt-to-equity ratio of 0.78. Boyd Gaming has a twelve month low of $63.33 and a twelve month high of $89.96. The company has a market cap of $6.47 billion, a price-to-earnings ratio of 3.78, a price-to-earnings-growth ratio of 1.85 and a beta of 1.19.

Boyd Gaming Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 16th were issued a dividend of $0.20 per share. The ex-dividend date was Monday, March 16th. This represents a $0.80 annualized dividend and a dividend yield of 0.9%. This is a boost from Boyd Gaming’s previous quarterly dividend of $0.18. Boyd Gaming’s dividend payout ratio (DPR) is currently 3.52%.

Insider Buying and Selling at Boyd Gaming

In other news, CFO Josh Hirsberg sold 23,924 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $85.86, for a total value of $2,054,114.64. Following the sale, the chief financial officer directly owned 435,746 shares of the company’s stock, valued at $37,413,151.56. This represents a 5.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Stephen S. Thompson sold 19,530 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $83.59, for a total transaction of $1,632,512.70. Following the completion of the sale, the insider owned 22,009 shares in the company, valued at $1,839,732.31. The trade was a 47.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 73,454 shares of company stock worth $6,231,827. Company insiders own 22.82% of the company’s stock.

Institutional Investors Weigh In On Boyd Gaming

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BYD. Advisors Asset Management Inc. raised its stake in shares of Boyd Gaming by 56.8% during the 1st quarter. Advisors Asset Management Inc. now owns 541 shares of the company’s stock valued at $36,000 after buying an additional 196 shares during the last quarter. AQR Capital Management LLC grew its holdings in Boyd Gaming by 13.9% during the first quarter. AQR Capital Management LLC now owns 9,623 shares of the company’s stock worth $628,000 after acquiring an additional 1,172 shares during the period. Caxton Associates LLP acquired a new stake in Boyd Gaming during the first quarter worth about $207,000. M&T Bank Corp purchased a new position in Boyd Gaming during the second quarter valued at approximately $229,000. Finally, Amundi raised its position in Boyd Gaming by 14,719.0% during the second quarter. Amundi now owns 3,112 shares of the company’s stock valued at $253,000 after acquiring an additional 3,091 shares in the last quarter. 76.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BYD has been the subject of a number of recent analyst reports. Truist Financial set a $110.00 price objective on Boyd Gaming in a research report on Tuesday, January 13th. Susquehanna decreased their price target on Boyd Gaming from $89.00 to $87.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Morgan Stanley reissued a “mixed” rating on shares of Boyd Gaming in a report on Wednesday, April 8th. Stifel Nicolaus boosted their price target on Boyd Gaming from $90.00 to $95.00 and gave the stock a “hold” rating in a research note on Friday, February 6th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Boyd Gaming in a report on Monday, December 29th. Five analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Boyd Gaming presently has a consensus rating of “Hold” and a consensus target price of $92.50.

Boyd Gaming Company Profile

Boyd Gaming Corporation (NYSE: BYD) is a diversified hospitality and gaming company headquartered in Las Vegas, Nevada. The company develops, owns and operates a portfolio of branded gaming and entertainment properties, including casinos, hotels, restaurants and meeting facilities. Boyd Gaming’s offerings range from slot machines and table games to live entertainment, dining concepts and convention space, designed to appeal to both regional and destination visitors.

Founded in 1975 by its namesake, William S.