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Boyd Gaming Corp (NYSE: BYD) |
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Price: $84.1100
$2.78 
3.418%
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| Day's High:
| $84.6
| Week Perf:
| 3.34 %
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| Day's Low: |
$ 81.18 |
30 Day Perf: |
14.12 % |
| Volume (M): |
2,495 |
52 Wk High: |
$ 84.60 |
| Volume (M$): |
$ 209,846 |
52 Wk Avg: |
$69.08 |
| Open: |
$81.50 |
52 Wk Low: |
$52.76 |
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| Market Capitalization (Millions $) |
7,161 |
| Shares
Outstanding (Millions) |
85 |
| Employees |
16,129 |
| Revenues (TTM) (Millions $) |
3,961 |
| Net Income (TTM) (Millions $) |
552 |
| Cash Flow (TTM) (Millions $) |
29 |
| Capital Exp. (TTM) (Millions $) |
522 |
Boyd Gaming Corp
Boyd Gaming Corporation is a multi-jurisdictional gaming company that has been
in operation since 1975. Headquartered in Las Vegas, we operate 29 wholly owned
gaming entertainment properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana,
Mississippi, Missouri, Ohio and Pennsylvania.
We strive to create long-term shareholder value, to be among the leading companies
in our industry and to provide opportunities for all while we support and enhance
our communities. Our primary areas of focus are: (i) ensuring our existing operations
are managed as efficiently as possible and remain positioned for growth; (ii)
improving our capital structure and strengthening our balance sheet, including
paying down debt, increasing free cash flow, improving operations and diversifying
our asset base; and (iii) successfully implementing our growth strategy, which
is built on identifying development opportunities and acquiring assets that
are a good strategic fit and provide an appropriate return to our shareholders.
We operate with an efficient business model that we believe has enabled us
to grow operating margins over the past several years, and we believe we have
an opportunity to realize additional cost savings by further leveraging our
size and scale. We strategically reinvest in our non-gaming amenities, including
hotel rooms and restaurants to refresh our property offerings and better capitalize
on customers evolving spending behaviors. We manage our cost and expense structure
to adjust to current business volumes and to generate strong and stable cash
flows.
We continually work to position our Company for greater success by strengthening
our existing operations and growing through acquisitions, capital investments
and other strategic initiatives. An example is our recent strategic initiative
regarding legalized sports gambling. In July 2018, the Company entered into
a partnership agreement with MGM Resorts International ("MGM Resorts").
Under this partnership, MGM Resorts and Boyd Gaming will both have the opportunity
to offer online and mobile gaming platforms, including sports betting, casino
gaming and poker in jurisdictions where either company operates physical casino
resorts and online licenses are available. In August 2018, we entered into a
strategic partnership with FanDuel Group to pursue sports betting and online
gaming opportunities across the United States. Also in August 2018, we opened
sports books at our two Mississippi properties, IP Casino Resort Spa ("IP")
in Biloxi, and Sams Town Hotel & Gambling Hall in Tunica, following the
receipt of final approval from the Mississippi Gaming Commission. In March 2019,
Valley Forge opened a sports book at the facility and in third quarter 2019,
sports books at Diamond Jo Worth, Diamond Jo Dubuque, Blue Chip and Belterra
Casino Resort opened, following approval from the respective state regulatory
bodies.
Company Address: 6465 South Rainbow Boulevard Las Vegas 89118 NV
Company Phone Number: 792-7200 Stock Exchange / Ticker: NYSE BYD
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Customers Net Income grew by |
BYD's Customers Net Profit Margin grew to |
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0.58 %
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| Stock Performances by Major Competitors |
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| Boyd Gaming Corp
Boyd Gaming Corporation (NYSE: BYD) recently released its financial results for the first quarter of the 2024 earnings season. The company reported a decline in earnings per share of -27.46% to $1.40 and a decrease in revenue of -0.357% to $960.52 million compared to the same period last year. This is in contrast to the previous reporting period, where earnings per share increased from $0.94 per share and revenue grew by 0.64% from $954.41 million.
The net income for the first quarter of the 2024 earnings season also experienced a decline of -31.67% to $136.473 million compared to $199.731 million in the corresponding period a year before. The profitability of Boyd Gaming Corp, as indicated by its operating margin, decreased to 22.84%, while the net margin shrank to 14.21%.
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| Dividend
Published Thu, Feb 29 2024 12:15 PM UTC
Boyd Gaming Increases Quarterly Dividend to $0.17 Per Share: What It Means for Shareholders
Boyd Gaming Corporation (NYSE: BYD) recently announced that its Board of Directors has approved an increase in the company s quarterly dividend to $0.17 per share, up from the previous $0.16 per share. This decision reflects the company s continued commitment to rewarding its shar...
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| Boyd Gaming Corp
In a recent financial report, Boyd Gaming Corp announced a decline in earnings per share (EPS) despite an increase in revenue for the October to December 31, 2023 period. The company's revenue rose by 3.412% to $954.41 million compared to $922.92 million on a year-over-year basis. However, earnings per share plummeted by -42.77% to $0.94 per share, down from $1.64 in the same period the previous year. The company focused on improving sales during this time frame, resulting in a net margin of 9.7%.
Furthermore, Boyd Gaming Corp reported a decrease in earnings to $92.605 million in the fourth quarter of 2023, down by -46.37% from $172.684 million in the same period the previous year. Operating earnings also fell by -37.39% to $155.051 million, leading to a decrease in the operating margin to 16.25%, from 26.83% in the fourth quarter of 2022. The company's accounts receivable increased, which is indicative of rising demand, reaching $137.9 million.
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| Product Service News
Published Wed, Jan 10 2024 5:00 PM UTC
Boyd Gaming Corporation Donates Over $200,000 to Non-Profit Organizations Nationally, Fostering Hope and Holiday Spirit Among CommunitiesIn the true spirit of the holiday season, Boyd Gaming Corporation has once again displayed its commitment to giving back to the community by donating more than $200,000 to nearly 190 non-profit organizations across the nation. The significa...
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| Management Changes
Published Thu, Dec 14 2023 11:00 PM UTC
LAS VEGAS - Boyd Gaming Corporation (NYSE: BYD) announced today the promotion of four of its senior executives, in an effort to enhance its management structure and solidify its dedication to providing exceptional service to guests while driving sustainable long-term growth. Steve Thompson, previously serving as Executive Vice President, Operations for the Nevada region...
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| Per Share |
Current |
| Earnings (TTM) |
6.13 $ |
| Revenues (TTM) |
46.53 $
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| Cash Flow (TTM) |
0.34 $ |
| Cash |
3.72 $
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| Book Value |
15.88 $
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| Dividend (TTM) |
0.68 $ |
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| Per Share |
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| Earnings (TTM) |
6.13 $
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| Revenues (TTM) |
46.53 $ |
| Cash Flow (TTM) |
0.34 $ |
| Cash |
3.72 $
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| Book Value |
15.88 $ |
| Dividend (TTM) |
0.68 $ |
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| Casino |
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 64.41 % |
of total Revenue |
| Food and Beverage |
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7.48 % |
of total Revenue |
| Occupancy |
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4.78 % |
of total Revenue |
| Online |
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17.1 % |
of total Revenue |
| Management Fee |
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2.54 % |
of total Revenue |
| Product and Service Other |
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3.69 % |
of total Revenue |
| Las Vegas Locals |
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22.47 % |
of total Revenue |
| Las Vegas Locals Casino |
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16.21 % |
of total Revenue |
| Las Vegas Locals Food and Beverage |
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2.3 % |
of total Revenue |
| Las Vegas Locals Occupancy |
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2.34 % |
of total Revenue |
| Las Vegas Locals Product and Service Other |
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1.62 % |
of total Revenue |
| Downtown Las Vegas |
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5.78 % |
of total Revenue |
| Downtown Las Vegas Casino |
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3.69 % |
of total Revenue |
| Downtown Las Vegas Food and Beverage |
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1.1 % |
of total Revenue |
| Downtown Las Vegas Occupancy |
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0.69 % |
of total Revenue |
| Downtown Las Vegas Product and Service Other |
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0.3 % |
of total Revenue |
| Midwest and South |
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50.89 % |
of total Revenue |
| Midwest and South Casino |
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43.38 % |
of total Revenue |
| Midwest and South Food and Beverage |
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4.09 % |
of total Revenue |
| Midwest and South Occupancy |
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1.75 % |
of total Revenue |
| Midwest and South Product and Service Other |
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1.67 % |
of total Revenue |
| Online Online |
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17.1 % |
of total Revenue |
| Managed and Other |
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3.76 % |
of total Revenue |
| Managed and Other Casino |
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1.13 % |
of total Revenue |
| Managed and Other Management Fee |
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2.54 % |
of total Revenue |
| Managed and Other Product and Service Other |
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0.1 % |
of total Revenue |
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