Loading...
GDEN logo

Golden Entertainment, Inc.NasdaqGM:GDEN Stock Report

Market Cap US$753.7m
Share Price
US$28.55
US$30
4.8% undervalued intrinsic discount
1Y8.8%
7D0.7%
Portfolio Value
View

Golden Entertainment, Inc.

NasdaqGM:GDEN Stock Report

Market Cap: US$753.7m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Golden Entertainment (GDEN) Stock Overview

Operates a diversified entertainment platform of gaming and hospitality assets. More details

GDEN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health2/6
Dividends2/6

GDEN Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Golden Entertainment, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Golden Entertainment
Historical stock prices
Current Share PriceUS$28.55
52 Week HighUS$32.74
52 Week LowUS$19.57
Beta1.41
1 Month Change6.93%
3 Month Change6.06%
1 Year Change8.84%
3 Year Change-29.17%
5 Year Change-31.88%
Change since IPO240.90%

Recent News & Updates

Narrative Update Apr 26

GDEN: Reset Expectations And Pending Takeover Will Shape Future Outlook

Analysts have revised their outlook on Golden Entertainment, adjusting the price target from $30 to $30.0. This change reflects slightly softer assumptions for revenue growth, profit margins, and the future P/E multiple following more cautious research commentary on the stock. Analyst Commentary Bullish Takeaways Bullish analysts still see room for execution upside if Golden Entertainment can deliver steadier revenue trends than the more cautious assumptions now built into targets.
Narrative Update Apr 11

GDEN: Special Meeting Approval And Reset Expectations Will Shape Future Outlook

Analysts have trimmed their price target on Golden Entertainment by $0.50 to $30.00. This reflects slightly higher discount rate assumptions and a modestly lower forward P/E multiple, while revenue growth and profit margin expectations remain broadly in line.
Narrative Update Mar 28

GDEN: Special Meeting And Reset Expectations Will Support Future Upside Potential

Analysts have trimmed their price target for Golden Entertainment to $30.50, reflecting slightly higher discount rate assumptions, modestly adjusted growth expectations, and a lower future P/E multiple, even as projected profit margins are set at a marginally higher level. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the trimmed US$30.50 price target still reflects confidence in the business model, even after using a slightly higher discount rate and lower future P/E multiple.
Narrative Update Mar 12

GDEN: Cautious Downgrade And Special Meeting Will Shape Future Returns

Analysts have trimmed their price target on Golden Entertainment to $30.50, reflecting less optimistic views that reference a softer stance in recent Street research. Underlying model assumptions now show a higher discount rate, different revenue growth and profit margin expectations, and a lower future P/E multiple.

Recent updates

Narrative Update Apr 26

GDEN: Reset Expectations And Pending Takeover Will Shape Future Outlook

Analysts have revised their outlook on Golden Entertainment, adjusting the price target from $30 to $30.0. This change reflects slightly softer assumptions for revenue growth, profit margins, and the future P/E multiple following more cautious research commentary on the stock. Analyst Commentary Bullish Takeaways Bullish analysts still see room for execution upside if Golden Entertainment can deliver steadier revenue trends than the more cautious assumptions now built into targets.
Narrative Update Apr 11

GDEN: Special Meeting Approval And Reset Expectations Will Shape Future Outlook

Analysts have trimmed their price target on Golden Entertainment by $0.50 to $30.00. This reflects slightly higher discount rate assumptions and a modestly lower forward P/E multiple, while revenue growth and profit margin expectations remain broadly in line.
Narrative Update Mar 28

GDEN: Special Meeting And Reset Expectations Will Support Future Upside Potential

Analysts have trimmed their price target for Golden Entertainment to $30.50, reflecting slightly higher discount rate assumptions, modestly adjusted growth expectations, and a lower future P/E multiple, even as projected profit margins are set at a marginally higher level. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the trimmed US$30.50 price target still reflects confidence in the business model, even after using a slightly higher discount rate and lower future P/E multiple.
Narrative Update Mar 12

GDEN: Cautious Downgrade And Special Meeting Will Shape Future Returns

Analysts have trimmed their price target on Golden Entertainment to $30.50, reflecting less optimistic views that reference a softer stance in recent Street research. Underlying model assumptions now show a higher discount rate, different revenue growth and profit margin expectations, and a lower future P/E multiple.
Narrative Update Feb 26

GDEN: Cautious Downgrade And Fine Tuning Will Guide Future Returns

Analysts have trimmed their price target on Golden Entertainment to $30.50, a cut of about $0.50, citing a more cautious stance. This is reflected in a slightly lower discount rate, modestly adjusted revenue growth expectations, and updated P/E assumptions.
Narrative Update Feb 11

GDEN: Cautious Downgrade And Governance Dispute Will Shape Future Returns

Analysts have adjusted their price target on Golden Entertainment to US$30.50, reflecting slightly lower growth and discount rate assumptions, along with a modestly higher expected profit margin and a small adjustment to the future P/E multiple. Analyst Commentary Recent research reflects a more cautious stance on Golden Entertainment, with at least one downgrade signaling that some expectations around growth and execution are being reined in.
Narrative Update Jan 26

GDEN: US$30 Go Private Deal And Activist Dispute Will Shape Returns

Narrative Update The analyst price target for Golden Entertainment has been reset to align with the agreed $30 per share takeout price. Analysts cite the definitive sale agreements and the limited likelihood of a higher competing bid as key reasons for the change.
Narrative Update Jan 10

GDEN: Go Private Deal At US$30 Will Shape Returns As Activist Challenges

Analysts have reset their price target for Golden Entertainment to US$30 per share, aligning closely with the announced buyout terms. They see limited likelihood of competing bids and view the current stock premium as fair.
Seeking Alpha Dec 31

If You Like VICI Properties At $28, You Should Love Golden Entertainment At $27

Summary Golden Entertainment announced a sale-leaseback agreement with VICI for 7 of its casinos. The deal is expected to close by mid-2026. As part of the agreement, VICI will assume Golden's outstanding debt and issue 0.902 VICI shares for each GDEN share. While the sale-leaseback is generally beneficial for shareholders, it is opportunistically bundled with the CEO’s proposal to acquire OpCo for far less than its actual value. Given the CEO’s $135M financial commitment and how opportunistic the current proposal is, there is a chance for a higher bid. Even with the current bid, buying GDEN at the current price could offer better downside protection compared to buying VICI shares, with optionality for a potential higher bid. Read the full article on Seeking Alpha
Narrative Update Dec 14

GDEN: Go Private Deal Will Anchor Near Term Returns Amid Activist Push

Analysts have trimmed their price target for Golden Entertainment to approximately $30 per share, aligning closely with the announced $30 go private transaction value. They see limited likelihood of competing bids and view the current deal premium as fair given the company fundamentals and asset base.
Analysis Article Dec 12

Golden Entertainment (NASDAQ:GDEN) Will Pay A Dividend Of $0.25

Golden Entertainment, Inc.'s ( NASDAQ:GDEN ) investors are due to receive a payment of $0.25 per share on 6th of...
Analysis Article Dec 06

At US$27.97, Is Golden Entertainment, Inc. (NASDAQ:GDEN) Worth Looking At Closely?

While Golden Entertainment, Inc. ( NASDAQ:GDEN ) might not have the largest market cap around , it received a lot of...
Narrative Update Nov 27

GDEN: Buyout Agreement Will Cap Upside Amid Muted Competitive Bidding Environment

Golden Entertainment's analyst price target has inched up to $30.50 from $30.20. This reflects analysts' assessment that the $30 per share buyout offer is likely to set a new value benchmark, given limited potential for competitive bids and changing market dynamics following the sale announcement.
Analysis Article Nov 11

Golden Entertainment (NASDAQ:GDEN) Will Pay A Dividend Of $0.25

Golden Entertainment, Inc.'s ( NASDAQ:GDEN ) investors are due to receive a payment of $0.25 per share on 6th of...
Narrative Update Nov 10

GDEN: Acquisition Deal and Limited Bidding Will Define Shareholder Value

Golden Entertainment's analyst price target has been reduced from approximately $32.57 to $30.20 per share. Analysts point to the recent buyout agreement and limited prospects for competing bids as drivers for the modestly lower valuation.
Analysis Article Nov 07

Improved Revenues Required Before Golden Entertainment, Inc. (NASDAQ:GDEN) Stock's 31% Jump Looks Justified

Golden Entertainment, Inc. ( NASDAQ:GDEN ) shares have had a really impressive month, gaining 31% after a shaky period...
Narrative Update Oct 21

Analysts Maintain Confidence in Golden Entertainment Amid Modest Price Target and Valuation Adjustments

Golden Entertainment's analyst price target was recently lowered by $1 to $34, as analysts cite steady but not accelerating growth trends. This is driven by higher spend per visit despite flat visitation at its properties.
Analysis Article Aug 22

Golden Entertainment (NASDAQ:GDEN) Is Due To Pay A Dividend Of $0.25

The board of Golden Entertainment, Inc. ( NASDAQ:GDEN ) has announced that it will pay a dividend of $0.25 per share on...
Analysis Article Aug 05

Is Golden Entertainment (NASDAQ:GDEN) Using Too Much Debt?

NasdaqGM:GDEN 1 Year Share Price vs Fair Value Explore Golden Entertainment's Fair Values from the Community and select...
Analysis Article Jun 20

Unpleasant Surprises Could Be In Store For Golden Entertainment, Inc.'s (NASDAQ:GDEN) Shares

With a median price-to-sales (or "P/S") ratio of close to 1.6x in the Hospitality industry in the United States, you...
Analysis Article May 22

There May Be Reason For Hope In Golden Entertainment's (NASDAQ:GDEN) Disappointing Earnings

Golden Entertainment, Inc.'s ( NASDAQ:GDEN ) stock was strong despite it releasing a soft earnings report last week...
Analysis Article May 13

Should You Think About Buying Golden Entertainment, Inc. (NASDAQ:GDEN) Now?

Golden Entertainment, Inc. ( NASDAQ:GDEN ), might not be a large cap stock, but it saw a double-digit share price rise...
Analysis Article Feb 25

Are Investors Undervaluing Golden Entertainment, Inc. (NASDAQ:GDEN) By 47%?

Key Insights Golden Entertainment's estimated fair value is US$59.12 based on 2 Stage Free Cash Flow to Equity Golden...
Seeking Alpha Jan 29

Golden Entertainment: Real Estate Monetization Could Unlock Tremendous Value

Summary Golden Entertainment has been in a slump since 2022, despite the casino gaming company's efforts to de-lever and streamline its operations. However, for new investors, this may work in your favor, as GDEN stock now trades at a significant discount to its underlying asset value. A sweeping restructuring of Golden Entertainment could unlock as much as $58 per share in value out of this company. I consider GDEN stock worthy of a buy today, but further updates regarding asset monetization could arrive as soon as next month, when the company next reports quarterly results. Read the full article on Seeking Alpha
Analysis Article Dec 19

Investor Optimism Abounds Golden Entertainment, Inc. (NASDAQ:GDEN) But Growth Is Lacking

With a median price-to-sales (or "P/S") ratio of close to 1.6x in the Hospitality industry in the United States, you...
Analysis Article Nov 05

We Think Golden Entertainment (NASDAQ:GDEN) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
User avatar
New Narrative Sep 16

Atomic Golf And Strategic Renovations Promise Growth Amidst Analysts' Gloomy Revenue Forecasts

Introduction of Atomic Golf and enhanced entertainment strategies aim to increase foot traffic and profitability across venues, improving EBITDA margins.
Analysis Article Aug 30

A Look At The Fair Value Of Golden Entertainment, Inc. (NASDAQ:GDEN)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Golden Entertainment fair value estimate is US$32.21 Golden...
Seeking Alpha Jul 12

Golden Entertainment: Current Divestitures And Attractive Valuation Offer Compelling Opportunity

Summary Golden Entertainment completed the sale of the Distributed Gaming sector and Maryland Casino Resort to focus on its Nevada operations and improve its margins. The fund from the divestitures was primarily used to significantly lower the leverage and reduce the interest expenses. Completion of major renovations in Golden's most valuable asset, The STRAT, along with the opening of Atomic Golf in March can boost the revenue and EBITDA. At the current valuation, I believe new investors are only paying for the Taverns sector and The STRAT resort while the rest of the assets are basically being offered for free. Read the full article on Seeking Alpha
Analysis Article Jul 05

Insufficient Growth At Golden Entertainment, Inc. (NASDAQ:GDEN) Hampers Share Price

Golden Entertainment, Inc.'s ( NASDAQ:GDEN ) price-to-earnings (or "P/E") ratio of 3x might make it look like a strong...
Seeking Alpha Jun 25

Golden Entertainment's Strategic Growth And Undervaluation

Summary Golden Entertainment is positioned for future growth through strategic initiatives and an undervalued stock price. Financial performance shows a decline in revenue due to asset sales, but improved margins indicate a more focused portfolio. Opportunities like Atomic Golf and tavern expansion offer potential for revenue growth, despite challenges in the competitive Nevada gaming market. Read the full article on Seeking Alpha
Analysis Article May 21

Why Golden Entertainment's (NASDAQ:GDEN) Healthy Earnings Aren’t As Good As They Seem

Golden Entertainment, Inc. ( NASDAQ:GDEN ) posted some decent earnings, but shareholders didn't react strongly. We...
Analysis Article Apr 19

We Think Golden Entertainment (NASDAQ:GDEN) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 13

Is There An Opportunity With Golden Entertainment, Inc.'s (NASDAQ:GDEN) 49% Undervaluation?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Golden Entertainment fair value estimate is US$77.68 Golden...
Analysis Article Jan 04

Benign Growth For Golden Entertainment, Inc. (NASDAQ:GDEN) Underpins Its Share Price

Golden Entertainment, Inc.'s ( NASDAQ:GDEN ) price-to-earnings (or "P/E") ratio of 4x might make it look like a strong...
Analysis Article Dec 07

Is Golden Entertainment (NASDAQ:GDEN) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 04

Here's Why Golden Entertainment (NASDAQ:GDEN) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 07

An Intrinsic Calculation For Golden Entertainment, Inc. (NASDAQ:GDEN) Suggests It's 48% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Golden Entertainment fair value estimate is US$65.75 Golden...

Shareholder Returns

GDENUS HospitalityUS Market
7D0.7%2.0%3.2%
1Y8.8%3.4%31.0%

Return vs Industry: GDEN exceeded the US Hospitality industry which returned 4.4% over the past year.

Return vs Market: GDEN underperformed the US Market which returned 28.7% over the past year.

Price Volatility

Is GDEN's price volatile compared to industry and market?
GDEN volatility
GDEN Average Weekly Movement2.5%
Hospitality Industry Average Movement7.6%
Market Average Movement7.1%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: GDEN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GDEN's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a4,900Blake Sartiniwww.goldenent.com

Golden Entertainment, Inc. operates a diversified entertainment platform of gaming and hospitality assets. The Company operates eight casinos and 73 gaming taverns in Nevada, featuring approximately 5,500 slots, 80 table games and 6,000 hotel rooms.

Golden Entertainment, Inc. Fundamentals Summary

How do Golden Entertainment's earnings and revenue compare to its market cap?
GDEN fundamental statistics
Market capUS$753.69m
Earnings (TTM)-US$6.04m
Revenue (TTM)US$634.91m
1.2x
P/S Ratio
-124.7x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GDEN income statement (TTM)
RevenueUS$634.91m
Cost of RevenueUS$293.68m
Gross ProfitUS$341.24m
Other ExpensesUS$347.28m
Earnings-US$6.04m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.23
Gross Margin53.75%
Net Profit Margin-0.95%
Debt/Equity Ratio102.3%

How did GDEN perform over the long term?

See historical performance and comparison

Dividends

3.5%
Current Dividend Yield
-435%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 21:03
End of Day Share Price 2026/04/29 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Golden Entertainment, Inc. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jordan BenderCitizens JMP Securities, LLC
Steven PizzellaDeutsche Bank
Omer SanderJ.P. Morgan