Boyd Gaming Corporation (NYSE:BYD) Receives Average Recommendation of “Hold” from Analysts

Posted by on Jun 15th, 2026

Boyd Gaming Corporation (NYSE:BYD – Get Free Report) has been given an average rating of “Hold” by the fifteen analysts that are covering the stock, MarketBeat.com reports. Nine analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $92.0833.

BYD has been the subject of a number of analyst reports. Susquehanna reduced their price target on Boyd Gaming from $89.00 to $87.00 and set a “neutral” rating for the company in a research report on Tuesday, April 7th. JPMorgan Chase & Co. boosted their price target on Boyd Gaming from $89.00 to $90.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Stifel Nicolaus reduced their price target on Boyd Gaming from $95.00 to $91.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Morgan Stanley reissued a “mixed” rating on shares of Boyd Gaming in a research report on Wednesday, April 8th. Finally, Weiss Ratings raised Boyd Gaming from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, June 4th.

Check Out Our Latest Analysis on BYD

Insider Activity

In related news, Chairman Marianne Boyd Johnson sold 62,914 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $84.03, for a total transaction of $5,286,663.42. Following the completion of the transaction, the chairman owned 1,609,808 shares of the company’s stock, valued at approximately $135,272,166.24. The trade was a 3.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Keith Smith sold 100,000 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $85.90, for a total value of $8,590,000.00. Following the transaction, the chief executive officer directly owned 996,981 shares of the company’s stock, valued at $85,640,667.90. This represents a 9.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 200,000 shares of company stock valued at $17,038,987 in the last three months. 22.82% of the stock is owned by insiders.

Hedge Funds Weigh In On Boyd Gaming

Several large investors have recently added to or reduced their stakes in BYD. Advisors Asset Management Inc. raised its holdings in Boyd Gaming by 56.8% in the 1st quarter. Advisors Asset Management Inc. now owns 541 shares of the company’s stock valued at $36,000 after acquiring an additional 196 shares in the last quarter. AQR Capital Management LLC raised its holdings in Boyd Gaming by 13.9% in the 1st quarter. AQR Capital Management LLC now owns 9,623 shares of the company’s stock valued at $628,000 after acquiring an additional 1,172 shares in the last quarter. Caxton Associates LLP acquired a new position in Boyd Gaming in the 1st quarter valued at approximately $207,000. M&T Bank Corp acquired a new position in Boyd Gaming in the 2nd quarter valued at approximately $229,000. Finally, Amundi raised its holdings in Boyd Gaming by 14,719.0% in the 2nd quarter. Amundi now owns 3,112 shares of the company’s stock valued at $253,000 after acquiring an additional 3,091 shares in the last quarter. Institutional investors and hedge funds own 76.81% of the company’s stock.

Boyd Gaming Price Performance

Shares of NYSE:BYD opened at $87.33 on Wednesday. Boyd Gaming has a fifty-two week low of $73.00 and a fifty-two week high of $89.96. The business has a 50-day moving average of $84.54 and a two-hundred day moving average of $84.20. The stock has a market capitalization of $6.49 billion, a P/E ratio of 3.83, a P/E/G ratio of 2.04 and a beta of 1.08. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.60 and a quick ratio of 0.58.

Boyd Gaming (NYSE:BYD – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $1.60 earnings per share for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.16). Boyd Gaming had a return on equity of 25.63% and a net margin of 44.84%.The company had revenue of $997.36 million during the quarter, compared to analyst estimates of $1.04 billion. During the same period in the prior year, the firm earned $1.62 EPS. Boyd Gaming’s quarterly revenue was up .6% on a year-over-year basis. On average, equities research analysts predict that Boyd Gaming will post 7.32 EPS for the current fiscal year.

Boyd Gaming declared that its board has authorized a stock repurchase program on Thursday, April 23rd that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to reacquire up to 7.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Boyd Gaming Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 15th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, June 15th. Boyd Gaming’s payout ratio is currently 3.51%.

Boyd Gaming Company Profile

(Get Free Report)

Boyd Gaming Corporation (NYSE: BYD) is a diversified hospitality and gaming company headquartered in Las Vegas, Nevada. The company develops, owns and operates a portfolio of branded gaming and entertainment properties, including casinos, hotels, restaurants and meeting facilities. Boyd Gaming’s offerings range from slot machines and table games to live entertainment, dining concepts and convention space, designed to appeal to both regional and destination visitors.

Founded in 1975 by its namesake, William S.

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Analyst Recommendations for Boyd Gaming (NYSE:BYD)

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