Boyd Gaming (NYSE:BYD) is scheduled to post its quarterly earnings results after the market closes on Tuesday, October 22nd. Analysts expect Boyd Gaming to post earnings of $0.39 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Boyd Gaming (NYSE:BYD) last announced its quarterly earnings data on Tuesday, July 30th. The company reported $0.46 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by ($0.01). The firm had revenue of $846.13 million for the quarter, compared to the consensus estimate of $839.64 million. Boyd Gaming had a net margin of 4.18% and a return on equity of 14.13%. The firm’s revenue for the quarter was up 37.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.38 earnings per share. On average, analysts expect Boyd Gaming to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of BYD stock opened at $26.02 on Friday. The company has a market capitalization of $2.89 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 1.11 and a beta of 2.17. Boyd Gaming has a one year low of $18.98 and a one year high of $32.13. The company’s fifty day moving average price is $25.12 and its 200-day moving average price is $26.21. The company has a debt-to-equity ratio of 3.90, a current ratio of 0.75 and a quick ratio of 0.71.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 27th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.28 annualized dividend and a dividend yield of 1.08%. Boyd Gaming’s payout ratio is 21.05%.

Several analysts have recently commented on the stock. Desjardins upgraded shares of Boyd Gaming from a “hold” rating to a “buy” rating in a research report on Thursday, August 15th. Telsey Advisory Group upgraded shares of Boyd Gaming from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $31.00 to $36.00 in a research report on Wednesday, July 31st. ValuEngine upgraded shares of Boyd Gaming from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Stifel Nicolaus set a $36.00 price objective on shares of Boyd Gaming and gave the company a “buy” rating in a research report on Wednesday, July 31st. Finally, Barclays assumed coverage on shares of Boyd Gaming in a research report on Tuesday, September 3rd. They set an “equal weight” rating and a $8.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. Boyd Gaming currently has an average rating of “Buy” and a consensus price target of $30.88.

Boyd Gaming Company Profile

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 of March 13, 2019, the company operated 29 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania.

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Earnings History for Boyd Gaming (NYSE:BYD)

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