Bally's Future Growth

Future criteria checks 0/6

Bally's is forecast to grow earnings and revenue by 33.7% and 4.7% per annum respectively. EPS is expected to grow by 28.9% per annum. Return on equity is forecast to be 10.8% in 3 years.

Key information

33.7%

Earnings growth rate

28.9%

EPS growth rate

Hospitality earnings growth	19.4%
Revenue growth rate	4.7%
Future return on equity	10.8%
Analyst coverage	Good
Last updated	23 Apr 2024

Recent future growth updates

Recent updates

Improved Revenues Required Before Bally's Corporation (NYSE:BALY) Stock's 32% Jump Looks Justified

Mar 29

Earnings and Revenue Growth Forecasts

NYSE:BALY - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,847	-43	121	121	3
12/31/2025	2,678	-118	132	292	9
12/31/2024	2,581	-159	80	221	9
12/31/2023	2,449	-187	-314	189	N/A
9/30/2023	2,414	-397	-185	164	N/A
6/30/2023	2,360	-334	-78	170	N/A
3/31/2023	2,306	-249	-52	234	N/A
12/31/2022	2,256	-426	-34	271	N/A
9/30/2022	2,227	-53	-119	237	N/A
6/30/2022	1,963	-112	-115	213	N/A
3/31/2022	1,678	-102	-141	78	N/A
12/31/2021	1,322	-115	-80	83	N/A
9/30/2021	893	21	8	89	N/A
6/30/2021	695	85	24	70	N/A
3/31/2021	456	-7	0	28	N/A
12/31/2020	373	-5	4	20	N/A
9/30/2020	385	-12	10	23	N/A
6/30/2020	398	-12	6	21	N/A
3/31/2020	512	29	62	86	N/A
12/31/2019	524	55	66	94	N/A
9/30/2019	505	66	52	100	N/A
6/30/2019	486	77	40	110	N/A
3/31/2019	453	78	11	105	N/A
12/31/2018	438	72	-20	109	N/A
9/30/2018	426	66	-14	113	N/A
6/30/2018	422	62	-5	112	N/A
3/31/2018	418	57	25	111	N/A
12/31/2017	421	60	60	108	N/A
12/31/2016	415	44	N/A	71	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BALY is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: BALY is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: BALY is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: BALY's revenue (4.7% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: BALY's revenue (4.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BALY's Return on Equity is forecast to be low in 3 years time (10.8%).

Bally's Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Bally's Corporation Provides Earnings Guidance for Full Year 2024

Bally's Corporation Provides Earnings Guidance for the Year 2023

Price target decreased by 17% to US$13.63

Price target decreased by 11% to US$17.88

Price target decreased by 7.4% to US$20.25

Bally's Corporation Maintains Earnings Guidance for the Full Year 2023

Recent updates

Bally's Corporation to Report Q1, 2024 Results on May 01, 2024

Bally's Corporation, Annual General Meeting, May 16, 2024

Bally's Corporation, Annual General Meeting, May 16, 2024

K&F Growth Capital Issues Letter to the Board of Directors of Bally’s Corporation

Improved Revenues Required Before Bally's Corporation (NYSE:BALY) Stock's 32% Jump Looks Justified

Standard General L.P. submits a non-binding proposal letter to acquire remaining 76.78809% stake in Bally's Corporation (NYSE:BALY) from BlackRock, Inc. (NYSE:BLK) and others for approximately $550 million.

New minor risk - Share price stability

Full year 2023 earnings: EPS misses analyst expectations

Bally's Corporation Provides Earnings Guidance for Full Year 2024

Bally's Corporation to Report Q4, 2023 Results on Feb 21, 2024

Insufficient new directors

Are Investors Undervaluing Bally's Corporation (NYSE:BALY) By 30%?

CEO & Director exercised options and sold US$293k worth of stock

Now 23% undervalued after recent price drop

Bally's: Continued Pressure On Investor Returns With High Leverage

New minor risk - Share price stability

President & Director recently bought US$189k worth of stock

Bally's Corporation Provides Earnings Guidance for the Year 2023

Price target decreased by 17% to US$13.63

Third quarter 2023 earnings: EPS misses analyst expectations

Bally's Corporation to Report Q3, 2023 Results on Nov 01, 2023

Price target decreased by 11% to US$17.88

Bally's: Asset-Heavy Business With Large Capital Requirements, Rate Hold

Bally's Corporation (NYSE:BALY) acquired Trump Golf Links at Ferry Point.

Price target decreased by 7.4% to US$20.25

Bally's Corporation Maintains Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings: EPS misses analyst expectations

Bally's Corporation to Report Q2, 2023 Results on Aug 03, 2023

Chicago Department of Planning and Urban Development Approves Design of Bally's Chicago Casino

Price target decreased by 7.6% to US$22.88

Bally's Corporation Announces Chief Financial Officer Changes

First quarter 2023 earnings: EPS exceeds analyst expectations

Consensus EPS estimates fall by 24%

Consensus EPS estimates upgraded to US$0.08 loss

Full year 2022 earnings: EPS misses analyst expectations

Bally's Corporation Announces Management Changes

Bally's Corporation to Report Q4, 2022 Results on Feb 23, 2023

4 stocks to watch on Monday: Bally's, Ocular Therapeutix and more

Bally's Corporation Announces the Appointment of Tracy Harris as an Independent Member of Board of Directors

Bally's Corporation Announces Resignation of James Ryan as Member of Board of Directors, Effective January 16, 2023

Board Member exercised options and sold US$232k worth of stock

Bally's Expands Executive Team with Addition of Kim Barker Lee as Executive Vice President, Chief Legal Officer

Bally's Corporation Provides Earnings Guidance for the Year 2022

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Bally's Q3 2022 Earnings Preview

Price target decreased to US$26.25

Bally's Corporation to Report Q3, 2022 Results on Nov 03, 2022

Elevated Debt Makes Bally's Stock A Gamble

Price target decreased to US$28.25

Bally's Corporation (NYSE:BALY) completed the acquisition of Tropicana Las Vegas Hotel and Casino, Inc. from Gaming and Leisure Properties, Inc. (NasdaqGS:GLPI) and Penn National Gaming, Inc. (NasdaqGS:PENN) for approximately $150 million.

Bally's Corporation Announces Retirement of Marc Crisafulli, as Executive Vice President of Government Relations, Legal and Regulatory

Genius Sports enters partnership with Bally’s Interactive

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Bally's Corporation Revises Earnings Guidance for the Fiscal Year Ending December 31, 2022

Price target decreased to US$30.83

Bally's Q2 2022 Earnings Preview

Bally's: Positive Long-Term Growth Prospects But Unattractive Valuation

Bally's Corporation to Report Q2, 2022 Results on Aug 04, 2022

Bally's Corporation(NYSE:BALY) dropped from Russell 2000 Growth Index

Bally's Corporation (NYSE:BALY) announces an Equity Buyback for $190 million worth of its shares.

Bally's Chicago Casino Win Could Be Okay, But Not A Reason To Be In The Stock

Bally's Corporation Revises Consolidated Earnings Guidance for the Year Ending December 31, 2022

High number of new directors

Bally's Corporation to Report Q1, 2022 Results on May 05, 2022

Price target decreased to US$43.00

The DraftKings Bally's Dichotomy

Gaming and Leisure Properties, Inc. (NasdaqGS:GLPI) acquired Bally's Quad Cities in Rock Island, IL and Bally's Black Hawk in Black Hawk, CO from Bally's Corporation (NYSE:BALY) for $150 million.

Bally's Corporation, Annual General Meeting, May 17, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations