Streetbeat News

BYD

Boyd Gaming Corporation

https://www.boydgaming.com

Industry

Gambling, Resorts & Casinos

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. It operates through three segments: Las Vegas Locals, Downtown Las Vegas, and Midwest & South. As of December 31, 2021, the company operated 28 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. It also engages in owning and operating a travel agency. The company was founded in 1975 and is headquartered in Las Vegas, Nevada.

Open

71.09

Mkt cap

6.3B

Volume

633K

High

71.93

P/E Ratio

13.59

52-wk high

74.78

Low

71.09

Div yield

0.01

52-wk low

49.34

Truist Securities analyst Barry Jonas has reiterated a Buy rating on Boyd Gaming (NYSE:BYD) and maintained the price target of $83.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 6:02 pm

The Detroit Casino Council is urging the public to boycott four sports betting and online casino platforms associated with three casinos where workers are on strike. The platforms targeted for the boycott are FanDuel, ESPN Bet (soon to be launched), Hollywood iCasino, and BetMGM.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:54 pm

Online sports betting has resumed in Florida after a two-year hiatus, with the only online book available, Hard Rock, owned by the Seminole Tribe, starting to accept online bets. The soft launch is currently only available to select users who were part of Hard Rock's loyalty programs and had accounts with the sportsbook in Florida from Nov. 1 to Nov. 21, 2021. The re-launch comes a week after the Seminole Tribe announced plans to launch in-person sports betting on Dec. 7.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 3:39 pm

The third-quarter earnings season has been mixed, with some high-profile companies like Meta Platforms and Alphabet disappointing investors, while others like Microsoft and Amazon have calmed nerves with positive results. Energy giants Exxon Mobil and Chevron reported below-consensus earnings, dragging down the profit growth of S&P 500 companies. This week, tech companies like Apple, AMD, and Qualcomm are set to release their earnings, which could influence the near-term trajectory of the equity market. The market is also awaiting the Fed decision due Wednesday.

Portfolio Pulse from Shanthi Rexaline

October 30, 2023 | 7:40 am

JP Morgan analyst Joseph Greff maintains an Overweight rating on Boyd Gaming (NYSE:BYD) but lowers the price target from $79 to $72.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 6:41 pm

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers were Abri SPAC I, Inc., Nuvve Holding Corp., BIO-key International, Inc., and Microsoft Corporation. Among the losers were Appreciate Holdings, Inc., Vicor Corporation, SunPower Corporation, and Alphabet Inc. Owens Corning shares fell by around 9% due to worse-than-expected third-quarter revenue results and issued fourth-quarter net sales guidance.

Portfolio Pulse from Lisa Levin

October 25, 2023 | 5:49 pm

Boyd Gaming's shares are trading lower after the company reported mixed Q3 results.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 3:39 pm

Barclays analyst Brandt Montour maintains an Overweight rating on Boyd Gaming (NYSE:BYD) but lowers the price target from $77 to $71.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 2:04 pm

Morgan Stanley analyst Stephen Grambling has maintained an Equal-Weight rating on Boyd Gaming (NYSE:BYD) and lowered the price target from $72 to $67.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 12:12 pm

Boyd Gaming (NYSE:BYD) reported Q3 earnings of $1.36 per share, missing the analyst consensus estimate of $1.47 by 7.48%. This is a decrease of 8.11% from the same period last year. However, the company's quarterly sales of $903.16 million beat the analyst consensus estimate of $879.82 million by 2.65%, marking a 2.95% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 8:07 pm

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