Bally’s Corporation (NYSE:BALY) Receives Average Recommendation of “Reduce” from Brokerages

Posted by Stanley Muller on Sep 21st, 2026

Bally’s Corporation (NYSE:BALY – Get Free Report) has been assigned a consensus recommendation of “Reduce” from the five analysts that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $11.75.

A number of equities analysts have weighed in on the stock. Truist Financial decreased their price target on shares of Bally’s from $15.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday, August 19th. Stifel Nicolaus increased their target price on Bally’s from $12.00 to $13.00 and gave the stock a “hold” rating in a research report on Tuesday, May 26th. Weiss Ratings cut Bally’s from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, September 3rd. Wall Street Zen downgraded Bally’s from a “hold” rating to a “sell” rating in a research report on Sunday, August 23rd. Finally, Barclays dropped their price target on Bally’s from $8.00 to $7.00 and set an “underweight” rating for the company in a research note on Wednesday, August 19th.

Check Out Our Latest Analysis on BALY

Bally’s Trading Down 0.2%

NYSE BALY opened at $10.39 on Wednesday. The company has a market cap of $524.38 million, a P/E ratio of -1.53 and a beta of 1.76. Bally’s has a 12 month low of $8.44 and a 12 month high of $20.74. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.91 and a quick ratio of 0.85. The company has a 50-day moving average of $11.70 and a 200-day moving average of $12.35.

Bally’s (NYSE:BALY – Get Free Report) last released its earnings results on Friday, August 14th. The company reported ($2.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.08) by ($1.33). Bally’s had a negative net margin of 25.83% and a negative return on equity of 40.97%. The company had revenue of $792.23 million during the quarter, compared to analysts’ expectations of $789.89 million. As a group, equities analysts predict that Bally’s will post -9.36 earnings per share for the current year.

About Bally’s

(Get Free Report)

Bally’s Corporation is a gaming and entertainment company that operates casinos, resorts and online gaming platforms. Its business includes casino gaming, hotel accommodations, food and beverage, entertainment, and related hospitality services. The company’s casino properties offer table games, slot machines, sports betting where permitted, and other amenities designed to attract regional and destination customers.

Bally’s operates primarily in the United States, with properties and gaming operations serving markets across several states.