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Boyd Gaming Corp  (BYD)
Other Ticker:  
 
    Sector  Services    Industry Hotels & Tourism
   Industry Hotels & Tourism
   Sector  Services
 
Price: $57.3200 $0.49 0.862%
Day's High: $57.6 Week Perf: 5.14 %
Day's Low: $ 56.85 30 Day Perf: 8.54 %
Volume (M): 871 52 Wk High: $ 73.00
Volume (M$): $ 49,903 52 Wk Avg: $61.09
Open: $56.89 52 Wk Low: $49.34



 Market Capitalization (Millions $) 5,588
 Shares Outstanding (Millions) 97
 Employees 24,300
 Revenues (TTM) (Millions $) 3,735
 Net Income (TTM) (Millions $) 557
 Cash Flow (TTM) (Millions $) 10
 Capital Exp. (TTM) (Millions $) 368

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
   


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CZR        6.21% 
HLT        2.87% 
LVS        3.09% 
MAR        1.22% 
MGM        5.54% 
WYNN        0.68% 
• View Complete Report
   



Boyd Gaming Corp

Boyd Gaming Corp Reports Decline in Revenue and Earnings for First Quarter of 2024

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%.

Dividend

Boyd Gaming Boosts Quarterly Dividend to $0.17: A Promising Outlook for Shareholders!

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...

Boyd Gaming Corp

2. Challenges Faced Despite Growth in Revenue: Boyd Gaming Corp's Financial Performance for the Fourth Quarter of 2023

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.

Product Service News

Boyd Gaming Corporation's Charitable Giving Soars to New Heights with Over $200,000 Donated to Non-Profit Organizations Nationwide

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...

Management Changes

Boyd Gaming reinforces management with senior executive promotions amid commitment to growth

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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  Revenue Outlook
Boyd Gaming does not provide revenue guidance.

Earnings Outlook
Boyd Gaming Corp does not provide earnings estimates.

 
Geographic Revenue Dispersion




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