Loading...

Empire Resorts

Nasdaq:NYNY
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NYNY
Nasdaq
$331M
Market Cap
  1. Home
  2. US
  3. Consumer Services
Company description

Empire Resorts, Inc. engages in hospitality and gaming businesses in New York. The last earnings update was 72 days ago. More info.


Add to Portfolio Compare Print
  • Empire Resorts has significant price volatility in the past 3 months.
NYNY Share Price and Events
7 Day Returns
-1.5%
NasdaqGM:NYNY
0.2%
US Hospitality
-0.3%
US Market
1 Year Returns
-49.3%
NasdaqGM:NYNY
-4.9%
US Hospitality
3.9%
US Market
NYNY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Empire Resorts (NYNY) -1.5% -0.7% -21.8% -49.3% -38.1% -61.8%
US Hospitality 0.2% 1.2% -1.7% -4.9% 43.1% 22.3%
US Market -0.3% 2.3% 2.3% 3.9% 36.7% 41.8%
1 Year Return vs Industry and Market
  • NYNY underperformed the Hospitality industry which returned -4.9% over the past year.
  • NYNY underperformed the Market in United States of America which returned 3.9% over the past year.
Price Volatility
NYNY
Industry
5yr Volatility vs Market

NYNY Value

 Is Empire Resorts undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Empire Resorts. This is due to cash flow or dividend data being unavailable. The share price is $9.63.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Empire Resorts's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Empire Resorts's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:NYNY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-4.50
NasdaqGM:NYNY Share Price ** NasdaqGM (2019-07-19) in USD $9.63
United States of America Hospitality Industry PE Ratio Median Figure of 74 Publicly-Listed Hospitality Companies 21.9x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.92x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Empire Resorts.

NasdaqGM:NYNY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:NYNY Share Price ÷ EPS (both in USD)

= 9.63 ÷ -4.50

-2.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Empire Resorts is loss making, we can't compare its value to the US Hospitality industry average.
  • Empire Resorts is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Empire Resorts's expected growth come at a high price?
Raw Data
NasdaqGM:NYNY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Hospitality Industry PEG Ratio Median Figure of 56 Publicly-Listed Hospitality Companies 1.85x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Empire Resorts, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Empire Resorts's assets?
Raw Data
NasdaqGM:NYNY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $5.53
NasdaqGM:NYNY Share Price * NasdaqGM (2019-07-19) in USD $9.63
United States of America Hospitality Industry PB Ratio Median Figure of 112 Publicly-Listed Hospitality Companies 2.17x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.8x
NasdaqGM:NYNY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:NYNY Share Price ÷ Book Value per Share (both in USD)

= 9.63 ÷ 5.53

1.74x

* Primary Listing of Empire Resorts.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Empire Resorts is good value based on assets compared to the US Hospitality industry average.
X
Value checks
We assess Empire Resorts's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Empire Resorts has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NYNY Future Performance

 How is Empire Resorts expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Empire Resorts has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Empire Resorts expected to grow at an attractive rate?
  • Unable to compare Empire Resorts's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Empire Resorts's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Empire Resorts's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:NYNY Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 17%
United States of America Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 7.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:NYNY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:NYNY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 219 -96 -150
2018-12-31 195 -67 -139
2018-09-30 158 -53 -109
2018-06-30 117 -46 -87
2018-03-31 85 -28 -61
2017-12-31 66 -34 -46
2017-09-30 66 -17 -41
2017-06-30 66 -13 -35
2017-03-31 66 -5 -31
2016-12-31 67 -13 -24
2016-09-30 68 -34 -29
2016-06-30 69 -37 -37

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Empire Resorts is high growth as no earnings estimate data is available.
  • Unable to determine if Empire Resorts is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:NYNY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Empire Resorts Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:NYNY Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -4.50
2018-12-31 -4.22
2018-09-30 -3.40
2018-06-30 -2.73
2018-03-31 -1.95
2017-12-31 -1.50
2017-09-30 -1.33
2017-06-30 -1.15
2017-03-31 -0.99
2016-12-31 -0.86
2016-09-30 -1.27
2016-06-30 -2.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Empire Resorts will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of NYNY’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Empire Resorts's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  3. Empire Resorts's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Empire Resorts's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Empire Resorts has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NYNY Past Performance

  How has Empire Resorts performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Empire Resorts's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Empire Resorts does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Empire Resorts's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Empire Resorts's 1-year growth to the US Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
Empire Resorts's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Empire Resorts Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:NYNY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 218.82 -150.17 83.71
2018-12-31 194.85 -138.82 78.92
2018-09-30 157.91 -109.48 65.04
2018-06-30 116.67 -86.64 50.02
2018-03-31 84.72 -61.25 38.20
2017-12-31 65.85 -46.47 29.20
2017-09-30 65.98 -41.09 21.80
2017-06-30 65.80 -35.49 25.71
2017-03-31 66.02 -30.63 30.34
2016-12-31 67.45 -24.37 32.81
2016-09-30 68.42 -29.43 29.11
2016-06-30 69.40 -37.30 23.62
2016-03-31 69.85 -37.91 17.02
2015-12-31 68.17 -36.79 13.24
2015-09-30 67.52 -28.43 13.29
2015-06-30 66.78 -20.15 12.95
2015-03-31 65.14 -22.80 12.83
2014-12-31 65.23 -24.10 12.24
2014-09-30 65.13 -39.93 11.44
2014-06-30 66.04 -35.83 11.66
2014-03-31 68.74 -31.60 12.91
2013-12-31 70.96 -27.05 13.12
2013-09-30 71.54 -9.97 10.93
2013-06-30 71.58 -8.97 11.09
2013-03-31 71.52 -2.99 10.33
2012-12-31 71.97 -2.26 13.54
2012-09-30 72.52 -1.42 13.33

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Empire Resorts has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Empire Resorts has efficiently used its assets last year compared to the US Hospitality industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Empire Resorts improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Empire Resorts's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Empire Resorts has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NYNY Health

 How is Empire Resorts's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Empire Resorts's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Empire Resorts's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Empire Resorts's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Empire Resorts's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Empire Resorts Company Filings, last reported 3 months ago.

NasdaqGM:NYNY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 190.31 570.16 13.96
2018-12-31 211.84 574.65 28.34
2018-09-30 184.87 566.83 18.39
2018-06-30 217.61 488.89 16.74
2018-03-31 254.30 482.51 29.63
2017-12-31 271.32 469.74 10.38
2017-09-30 246.99 457.22 6.21
2017-06-30 257.40 455.26 6.45
2017-03-31 268.93 419.75 7.81
2016-12-31 279.57 0.00 11.01
2016-09-30 285.63 0.00 9.07
2016-06-30 290.43 0.00 11.78
2016-03-31 297.04 0.00 12.89
2015-12-31 -1.46 47.91 6.41
2015-09-30 10.01 47.60 6.00
2015-06-30 23.56 47.29 6.41
2015-03-31 28.59 46.98 4.61
2014-12-31 -17.10 47.91 6.44
2014-09-30 -14.28 47.60 9.22
2014-06-30 -9.51 45.43 14.87
2014-03-31 -13.98 42.83 6.13
2013-12-31 -9.78 40.23 7.53
2013-09-30 8.29 40.23 10.55
2013-06-30 8.97 40.23 11.34
2013-03-31 24.44 17.43 5.29
2012-12-31 24.81 17.43 9.06
2012-09-30 26.50 17.43 10.06
  • Empire Resorts's level of debt (299.6%) compared to net worth is high (greater than 40%).
  • Empire Resorts had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Empire Resorts has less than a year of cash runway based on current free cash flow.
  • Empire Resorts has less than a year of cash runway if free cash flow continues to grow at historical rates of 21.3% each year.
X
Financial health checks
We assess Empire Resorts's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Empire Resorts has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NYNY Dividends

 What is Empire Resorts's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Empire Resorts dividends.
If you bought $2,000 of Empire Resorts shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Empire Resorts's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Empire Resorts's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:NYNY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 47 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Empire Resorts has not reported any payouts.
  • Unable to verify if Empire Resorts's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Empire Resorts's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Empire Resorts has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Empire Resorts's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Empire Resorts afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Empire Resorts has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NYNY Management

 What is the CEO of Empire Resorts's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ryan Eller
COMPENSATION $1,108,200
AGE 43
TENURE AS CEO 2.1 years
CEO Bio

Mr. Ryan Eller has been President of Empire Resorts, Inc. since March 27, 2017 and its Chief Executive Officer since June 1, 2017 and served as its Chief Operating Officer from March 27, 2017 to June 1, 2017. Mr. Eller oversees the development of Empire's resort casino in Sullivan County, New York and its operations at the Monticello Casino and Raceway. He has extensive experience in the design, development and operation of casinos, VGM facilities such as Monticello Casino and Raceway and integrated resort projects. From June 2013 to October 2014, Mr. Eller served as Chief Financial Officer and from October 2014 to March 2017, Mr. Eller served as President of Genting NY. Prior to Empire Resorts, he served in various Executive Officer Positions with Genting New York LLC (Genting NY?) for four years from June 2013 to March 2017. During his tenure at Genting NY, he oversaw RWNYCs planning with respect to a $315 million expansion to add 1,000 video lottery terminals, a new hotel and convention complex. Mr. Eller served as Senior Vice President of Development of Genting Americas Inc. (Genting Americas?), where he oversaw the design and development of the Resorts World Las Vegas integrated resort, a $4 billion project on the Las Vegas Strip. From September 2012 to June 2013, he served as Executive Vice President and Chief Financial Officer of Choctaw Resort Development Enterprise, a wholly-owned enterprise of the Mississippi Band of Choctaw Indians, which operates three casinos including the Pearl River Resort, a fully integrated casino and resort facility. In this role, Mr. Eller was responsible for the overall financial operations of the Choctaw’s gaming and resort enterprises as well as a restructuring of the property’s operations following an extended period of distress. From September 2007 to September 2012, Mr. Eller served as Treasurer and Executive Director of Finance of PCI Gaming Authority, a business enterprise created by the Poarch Bank of Creek Indians, where he helped design, open and operate three casino and hotels representing capital investments over $600 million. From 2006 to 2007, he served as Regional Manager of Planning and Analysis at Caesars Entertainment, Inc. Mr. Eller served in the United States Marine Corps from 1997 to 2004 where he attained the rank of Major. He was a Director of Empire Resorts, Inc. since September 18, 2017 until July 17, 2019. He holds MBA with honors from Harvard Business School and a bachelors degree with distinction from the U.S. Naval Academy.

CEO Compensation
  • Ryan's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ryan's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Empire Resorts management team in years:

1.8
Average Tenure
50
Average Age
  • The average tenure for the Empire Resorts management team is less than 2 years, this suggests a new team.
Management Team

Emanuel Pearlman

TITLE
Executive Chairman
COMPENSATION
$1M
AGE
58

Ryan Eller

TITLE
President & CEO
COMPENSATION
$1M
AGE
43
TENURE
2.1 yrs

Jamie Sanko

TITLE
Chief Accounting Officer
COMPENSATION
$520K
AGE
42
TENURE
1.6 yrs

Nanette Horner

TITLE
Executive VP
COMPENSATION
$443K
AGE
54
TENURE
7.9 yrs

Kevin Kline

TITLE
COO & GM of Montreign Operating Company
COMPENSATION
$671K
AGE
50
TENURE
1.6 yrs

Chris Witty

TITLE
Investor Relations Contact
Board of Directors Tenure

Average tenure and age of the Empire Resorts board of directors in years:

5.3
Average Tenure
59
Average Age
  • The tenure for the Empire Resorts board of directors is about average.
Board of Directors

Nancy Palumbo

TITLE
Independent Director
COMPENSATION
$214K
AGE
58
TENURE
10.1 yrs

Emanuel Pearlman

TITLE
Executive Chairman
COMPENSATION
$1M
AGE
58
TENURE
3.1 yrs

Edmund Marinucci

TITLE
Director
COMPENSATION
$217K
AGE
69
TENURE
5.3 yrs

Keith Horn

TITLE
Director
COMPENSATION
$231K
AGE
60
TENURE
3.3 yrs

Jay Barrett

TITLE
Board Observer
AGE
67
TENURE
10.2 yrs

Greg Wells

TITLE
Board Observer
TENURE
10.2 yrs

Gerard Lim

TITLE
Director
COMPENSATION
$134K
AGE
50
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
14. Dec 18 Sell Emanuel Pearlman Individual 12. Dec 18 13. Dec 18 -2,000 $10.62 $-21,075
X
Management checks
We assess Empire Resorts's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Empire Resorts has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NYNY News

Simply Wall St News

Some Empire Resorts (NASDAQ:NYNY) Shareholders Have Copped A Big 67% Share Price Drop

Check out our latest analysis for Empire Resorts Given that Empire Resorts didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … Over five years, Empire Resorts grew its revenue at 23% per year. … A Different Perspective Empire Resorts shareholders are down 47% for the year, but the market itself is up 6.2%.

Simply Wall St -

If You Had Bought Empire Resorts (NASDAQ:NYNY) Stock Five Years Ago, You'd Be Sitting On A 60% Loss, Today

Empire Resorts isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … When a company doesn't make profits, we'd generally expect to see good revenue growth. … In the last half decade, Empire Resorts saw its revenue increase by 9.8% per year.

Simply Wall St -

Should You Have Empire Resorts Inc's (NASDAQ:NYNY) In Your Portfolio?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.

Simply Wall St -

Is Empire Resorts Inc (NASDAQ:NYNY) A Financially Sound Company?

While small-cap stocks, such as Empire Resorts Inc (NASDAQ:NYNY) with its market cap of US$631.79m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Is This A Catalyst To Buy Empire Resorts Inc (NASDAQ:NYNY)?

View our latest analysis for Empire Resorts What is cash burn? … My cash burn analysis suggests that, if Empire Resorts continues to spend its cash reserves at this current high rate, it’ll have to raise capital within the next 5 months, which may be a surprise to some shareholders. … Although this is a relatively simplistic calculation, and Empire Resorts may reduce its costs or raise debt capital instead of coming to equity markets, the analysis still helps us understand how sustainable the Empire Resorts’s operation is, and when things may have to change.

Simply Wall St -

How Does Investing In Empire Resorts Inc (NASDAQ:NYNY) Impact Your Portfolio?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … I test NYNY’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

Simply Wall St -

Breaking Down Empire Resorts Inc's (NASDAQ:NYNY) Ownership Structure

See our latest analysis for Empire Resorts NasdaqGM:NYNY Ownership_summary Apr 19th 18 Institutional Ownership With an institutional ownership of 90.43%, NYNY can face volatile stock price movements if institutions execute block trades on the open market, more so, when there are relatively small amounts of shares available on the market to trade Although NYNY has a high institutional ownership, such stock moves, in the short-term, are more commonly linked to a particular type of active institutional investors – hedge funds. … In essence, insider ownership is more about the alignment of shareholders' interests with the management. … Next Steps: NYNY's considerably high level of institutional ownership calls for further analysis into its margin of safety.

Simply Wall St -

Is Empire Resorts Inc's (NASDAQ:NYNY) Balance Sheet Strong Enough To Weather A Storm?

Over the past year, NYNY has borrowed debt capital of around US$469.74M made up of current and long term debt. … With this increase in debt, NYNY's cash and short-term investments stands at US$10.38M for investing into the business. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: With a high level of debt on its balance sheet, NYNY could still be in a financially strong position if its cash flow also stacked up.

Simply Wall St -

Empire Resorts Inc (NASDAQ:NYNY): Does The Earnings Decline Make It An Underperformer?

For Empire Resorts, its most recent trailing-twelve-month earnings is -US$41.09M, which compared to the previous year's level, has become more negative. … Each year, for the last five years Empire Resorts's revenue growth has been relatively soft, with an annual growth rate of -1.10%, on average. … Empire Resorts's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

Simply Wall St -

Next Capital Raising For Empire Resorts Inc (NASDAQ:NYNY)?

Looking at Empire Resorts’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … The measure of how fast Empire Resorts goes through its cash reserves over time is called the cash burn rate. … My cash burn analysis suggests that, if Empire Resorts continues to spend its cash reserves at this current high rate, it’ll have to raise capital within the next 4 months, which may be a surprise to some shareholders.

Simply Wall St -

NYNY Company Info

Description

Empire Resorts, Inc. engages in hospitality and gaming businesses in New York. The company owns and operates Monticello Casino and Raceway, a video gaming machine (VGM) and harness horseracing facility in Monticello that operates 1,110 VGMs, including 1,090 video lottery terminals and 20 electronic table game positions; Resorts World Catskills, a casino resort located in Sullivan County, New York; The Alder, a 101-room modern lifestyle hotel; and Amenities, a Casino with 332 guest rooms and suites. It is also involved in conducting pari-mutuel wagering on the running of live harness horse races; the import simulcasting of harness and thoroughbred horse races from racetracks across the United States and internationally; and the export simulcasting of its races to offsite pari-mutuel wagering facilities, as well as in the development of golf course. The company has a strategic alliance with bet365 Group Limited to offer an online sportsbook, online casino/table games, and online poker in New York State. The company was founded in 1993 and is based in Monticello, New York.

Details
Name: Empire Resorts, Inc.
NYNY
Exchange: NasdaqGM
Founded: 1993
$331,401,610
34,413,459
Website: http://www.empireresorts.com
Address: Empire Resorts, Inc.
204 State Route 17B,
PO Box 5013,
Monticello,
New York, 12701,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM NYNY Common Stock Nasdaq Global Market US USD 13. Jan 2004
DB LHCN Common Stock Deutsche Boerse AG DE EUR 13. Jan 2004
Number of employees
Current staff
Staff numbers
1,806
Empire Resorts employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 23:32
End of day share price update: 2019/07/19 00:00
Last earnings filing: 2019/05/08
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.