Boyd Gaming Corporation (NYSE:BYD) Given Consensus Recommendation of “Hold” by Brokerages

Posted by Francis Steltz on Sep 23rd, 2026

Shares of Boyd Gaming Corporation (NYSE:BYD – Get Free Report) have been assigned an average recommendation of “Hold” from the sixteen research firms that are currently covering the company, MarketBeat reports. Eleven research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $94.6923.

Several brokerages have recently issued reports on BYD. Wolfe Research assumed coverage on shares of Boyd Gaming in a report on Wednesday, September 2nd. They set a “peer perform” rating for the company. Wells Fargo & Company increased their price objective on shares of Boyd Gaming from $81.00 to $88.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Stifel Nicolaus boosted their target price on shares of Boyd Gaming from $91.00 to $92.00 and gave the company a “hold” rating in a research note on Friday, July 24th. The Goldman Sachs Group started coverage on shares of Boyd Gaming in a research note on Friday, June 26th. They issued a “neutral” rating and a $91.00 price target on the stock. Finally, Benchmark started coverage on Boyd Gaming in a report on Monday, June 22nd. They set a “buy” rating and a $100.00 price target on the stock.

Check Out Our Latest Research Report on BYD

Boyd Gaming Stock Down 0.7%

NYSE:BYD opened at $72.05 on Friday. The firm has a market capitalization of $5.23 billion, a PE ratio of 3.17, a price-to-earnings-growth ratio of 1.29 and a beta of 1.06. The stock has a 50 day moving average of $81.69 and a 200-day moving average of $83.56. Boyd Gaming has a 52 week low of $71.84 and a 52 week high of $91.41. The company has a current ratio of 0.77, a quick ratio of 0.74 and a debt-to-equity ratio of 1.05.

Boyd Gaming (NYSE:BYD – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.04. Boyd Gaming had a return on equity of 22.52% and a net margin of 44.34%.The business had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the prior year, the firm earned $1.87 EPS. The business’s quarterly revenue was up .0% on a year-over-year basis. Analysts predict that Boyd Gaming will post 7.29 EPS for the current year.

Boyd Gaming Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, September 15th. Boyd Gaming’s dividend payout ratio (DPR) is currently 3.52%.

Insider Transactions at Boyd Gaming

In other news, CFO Josh Hirsberg sold 12,777 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $89.76, for a total value of $1,146,863.52. Following the completion of the transaction, the chief financial officer owned 422,969 shares of the company’s stock, valued at approximately $37,965,697.44. This represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 22.82% of the company’s stock.

Institutional Investors Weigh In On Boyd Gaming

Several institutional investors have recently bought and sold shares of BYD. Sequoia Financial Advisors LLC increased its stake in Boyd Gaming by 11.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 77,572 shares of the company’s stock valued at $6,852,000 after buying an additional 7,688 shares during the period. WINTON GROUP Ltd bought a new position in shares of Boyd Gaming in the second quarter valued at approximately $4,633,000. Integrated Wealth Concepts LLC acquired a new position in shares of Boyd Gaming during the second quarter valued at approximately $88,000. IFP Advisors Inc increased its stake in shares of Boyd Gaming by 9.6% during the second quarter. IFP Advisors Inc now owns 3,141 shares of the company’s stock valued at $277,000 after acquiring an additional 275 shares during the period. Finally, Nykredit A S bought a new stake in Boyd Gaming during the second quarter worth approximately $214,000. Institutional investors and hedge funds own 76.81% of the company’s stock.

About Boyd Gaming

(Get Free Report)

Boyd Gaming Corporation is a gaming and hospitality company that owns and operates casinos, hotels, restaurants, entertainment venues and related amenities. Its properties offer casino games such as slots, table games and poker, along with lodging, dining, convention and entertainment services.

Founded in 1975 by gaming executive Sam Boyd, the company is headquartered in Las Vegas, Nevada. Boyd Gaming operates regional gaming properties across several U.S. states, including Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Ohio and Pennsylvania.