Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. More Details
High growth potential with imperfect balance sheet.
Share Price & News
How has Boyd Gaming's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BYD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: BYD's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BYD exceeded the US Hospitality industry which returned 94.7% over the past year.
Return vs Market: BYD exceeded the US Market which returned 56.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Boyd Gaming's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StThe Boyd Gaming (NYSE:BYD) Share Price Has Gained 271%, So Why Not Pay It Some Attention?
1 month ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Boyd Gaming Corporation (NYSE:BYD)
2 months ago | Simply Wall StWe Think Boyd Gaming (NYSE:BYD) Is Taking Some Risk With Its Debt
Is Boyd Gaming undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: BYD ($64.06) is trading above our estimate of fair value ($57.76)
Significantly Below Fair Value: BYD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BYD is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.
PE vs Market: BYD is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BYD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BYD is overvalued based on its PB Ratio (6.4x) compared to the US Hospitality industry average (4.3x).
How is Boyd Gaming forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BYD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: BYD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BYD's is expected to become profitable in the next 3 years.
Revenue vs Market: BYD's revenue (13.4% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: BYD's revenue (13.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BYD's Return on Equity is forecast to be high in 3 years time (21.7%)
How has Boyd Gaming performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BYD is currently unprofitable.
Growing Profit Margin: BYD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BYD is unprofitable, and losses have increased over the past 5 years at a rate of 28.1% per year.
Accelerating Growth: Unable to compare BYD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BYD is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-25.5%).
Return on Equity
High ROE: BYD has a negative Return on Equity (-11.98%), as it is currently unprofitable.
How is Boyd Gaming's financial position?
Financial Position Analysis
Short Term Liabilities: BYD's short term assets ($650.3M) exceed its short term liabilities ($524.0M).
Long Term Liabilities: BYD's short term assets ($650.3M) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: BYD's debt to equity ratio (346.8%) is considered high.
Reducing Debt: BYD's debt to equity ratio has reduced from 644.4% to 346.8% over the past 5 years.
Debt Coverage: BYD's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: BYD is unprofitable, therefore interest payments are not well covered by earnings.
What is Boyd Gaming current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BYD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BYD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BYD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BYD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BYD is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BYD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Keith Smith (59 yo)
Mr. Keith E. Smith serves as the President of Coast Casinos, Inc. Mr. Smith is Chief Executive Officer and President at Boyd Gaming Corporation since January 1, 2008 and March 31, 2005 respectively. Mr. Sm...
CEO Compensation Analysis
Compensation vs Market: Keith's total compensation ($USD2.97M) is below average for companies of similar size in the US market ($USD6.40M).
Compensation vs Earnings: Keith's compensation has been consistent with company performance over the past year.
Experienced Management: BYD's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: BYD's board of directors are seasoned and experienced ( 11.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BYD insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Boyd Gaming Corporation's company bio, employee growth, exchange listings and data sources
- Name: Boyd Gaming Corporation
- Ticker: BYD
- Exchange: NYSE
- Founded: 1975
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: US$7.180b
- Shares outstanding: 112.08m
- Website: https://www.boydgaming.com
Number of Employees
- Boyd Gaming Corporation
- 3883 Howard Hughes Parkway
- Ninth Floor
- Las Vegas
- United States
Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. It operates through three segments: Las Vegas Locals, Downtown Las Vegas, and Midwest & South. As...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/11 22:04|
|End of Day Share Price||2021/04/09 00:00|
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.