--- title: "Boyd Gaming (NYSE:BYD) Announces Earnings Results" type: "News" locale: "en" url: "https://longbridge.com/en/news/293670394.md" description: "Boyd Gaming (NYSE:BYD) reported quarterly earnings of $1.93 per share, beating estimates by $0.04, with revenue of $1.03 billion slightly below expectations. The company posted a net margin of 44.84% and ROE of 25.63%. Additionally, Boyd Gaming announced a $0.20 quarterly dividend, initiated a $500 million share repurchase plan, and saw insider sales by its Chairman and CEO." datetime: "2026-07-23T21:26:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293670394.md) - [en](https://longbridge.com/en/news/293670394.md) - [zh-HK](https://longbridge.com/zh-HK/news/293670394.md) --- # Boyd Gaming (NYSE:BYD) Announces Earnings Results Boyd Gaming (NYSE:BYD - Get Free Report) announced its quarterly earnings data on Thursday. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.04, FiscalAI reports. Boyd Gaming had a net margin of 44.84% and a return on equity of 25.63%. The company had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $1.04 billion. ## Boyd Gaming Stock Down 0.0% - Consumer-Driven Stocks Boost Buybacks, Including Visa's $20B Plan BYD traded down $0.03 during trading on Thursday, reaching $86.63. 1,311,439 shares of the stock traded hands, compared to its average volume of 963,966. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.60 and a quick ratio of 0.58. Boyd Gaming has a fifty-two week low of $76.33 and a fifty-two week high of $91.00. The stock's 50-day simple moving average is $85.52 and its two-hundred day simple moving average is $84.84. The stock has a market cap of $6.44 billion, a price-to-earnings ratio of 3.80, a price-to-earnings-growth ratio of 2.06 and a beta of 1.07. ## Boyd Gaming Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.9%. Boyd Gaming's dividend payout ratio is 3.51%. - Could This Entertainment Stock be the Belle of the Gaming Ball? Boyd Gaming announced that its board has initiated a share repurchase plan on Thursday, April 23rd that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to reacquire up to 7.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued. ## Insider Transactions at Boyd Gaming In related news, Chairman Marianne Boyd Johnson sold 62,914 shares of the firm's stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $84.03, for a total transaction of $5,286,663.42. Following the transaction, the chairman owned 1,609,808 shares of the company's stock, valued at approximately $135,272,166.24. This trade represents a 3.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Keith Smith sold 100,000 shares of Boyd Gaming stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $85.90, for a total transaction of $8,590,000.00. Following the completion of the sale, the chief executive officer owned 996,981 shares of the company's stock, valued at $85,640,667.90. This trade represents a 9.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 200,000 shares of company stock valued at $17,038,987 over the last ninety days. Company insiders own 22.82% of the company's stock. ## Institutional Investors Weigh In On Boyd Gaming - Boyd Gaming stock: All signs point to a significant break higher Institutional investors and hedge funds have recently modified their holdings of the business. Atlas Capital Advisors Inc. bought a new stake in Boyd Gaming during the fourth quarter worth approximately $199,000. FORA Capital LLC bought a new stake in Boyd Gaming during the fourth quarter valued at about $114,000. Aristides Capital LLC acquired a new stake in shares of Boyd Gaming in the fourth quarter valued at about $204,000. Parallel Advisors LLC increased its stake in shares of Boyd Gaming by 76.0% in the fourth quarter. Parallel Advisors LLC now owns 1,276 shares of the company's stock worth $109,000 after purchasing an additional 551 shares during the period. Finally, Advisory Services Network LLC acquired a new position in shares of Boyd Gaming during the 3rd quarter worth about $94,000. Institutional investors and hedge funds own 76.81% of the company's stock. ## Analyst Upgrades and Downgrades A number of brokerages recently weighed in on BYD. Morgan Stanley set a $90.00 target price on shares of Boyd Gaming in a report on Wednesday. JPMorgan Chase & Co. lifted their target price on Boyd Gaming from $90.00 to $93.00 and gave the stock a "neutral" rating in a report on Wednesday, July 15th. Citigroup upped their target price on Boyd Gaming from $86.00 to $90.00 and gave the company a "neutral" rating in a report on Thursday, April 16th. Texas Capital raised Boyd Gaming to a "strong-buy" rating in a research note on Wednesday, June 3rd. Finally, Stifel Nicolaus reduced their price objective on shares of Boyd Gaming from $95.00 to $91.00 and set a "hold" rating for the company in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $94.38. **Read Our Latest Stock Report on BYD** ## About Boyd Gaming (Get Free Report) 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. ## Further Reading - Five stocks we like better than Boyd Gaming - Premium Retail’s Stress Test Is Separating Winners From Losers - D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? - GE Vernova Just Sent a Mixed AI Signal to Investors - Alphabet Crushed Earnings, But One Number Spooked the Market _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Boyd Gaming Right Now? Before you consider Boyd Gaming, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boyd Gaming wasn't on the list. While Boyd Gaming currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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