Boyd Gaming/$BYD
1D1W1MYTD1Y5YMAX
Capital at risk
About Boyd Gaming
Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. The Midwest and South hold the key number of entertainment properties and generate the majority of the company's revenue.
- Ticker
- $BYD
- Sector
- Consumer Discretionary
- Primary listing
- NYSE
- Employees
- 16,009
- Headquarters
- Las Vegas, United States
- Website
- www.boydgaming.com
Boyd Gaming Metrics
BasicAdvanced
$5.2B
3.07
$23.37
1.08
$0.76
1.11%
Price and volume
Market cap
$5.2B
Beta
1.08
52-week high
$91.41
52-week low
$69.90
Average daily volume
915K
Dividend rate
$0.76
Financial strength
Current ratio
0.774
Quick ratio
0.646
Long term debt to equity
1.257
Total debt to equity
1.153
Dividend payout ratio (TTM)
3.17%
Interest coverage (TTM)
7.00%
Profitability
EBITDA (TTM)
1,173.296
Gross margin (TTM)
58.80%
Net profit margin (TTM)
44.34%
Operating margin (TTM)
19.39%
Effective tax rate (TTM)
20.95%
Revenue per employee (TTM)
$260,000
Management effectiveness
Return on assets (TTM)
7.82%
Return on equity (TTM)
93.08%
Valuation
Price to earnings (TTM)
3.074
Price to revenue (TTM)
1.363
Price to book
2.1
Price to tangible book (TTM)
245.01
Price to free cash flow (TTM)
-659.034
Free cash flow yield (TTM)
-0.15%
Free cash flow per share (TTM)
-0.109
Dividend yield (TTM)
1.06%
Forward dividend yield
1.11%
Growth
Revenue change (TTM)
1.75%
Earnings per share change (TTM)
260.47%
3-year revenue growth (CAGR)
3.64%
10-year revenue growth (CAGR)
6.49%
3-year earnings per share growth (CAGR)
50.22%
10-year earnings per share growth (CAGR)
41.67%
3-year dividend per share growth (CAGR)
7.02%
What the Analysts think about Boyd Gaming
Analyst ratings (Buy, Hold, Sell) for Boyd Gaming stock.
Analyst projections of the future price of Boyd Gaming stock.
Bulls say / Bears say
The Midwest & South segment remains Boyd’s main earnings engine. Q2 revenue rose 3.1% and adjusted EBITDAR rose 3.6%, with its property margin reaching nearly 38%, showing that regional demand and recent investments are offsetting weaker Las Vegas trading. (Boyd Gaming)
Boyd’s smaller growth businesses are improving. Management raised 2026 adjusted EBITDAR guidance by $5 million for Online and $3 million for Managed, helped by Boyd Interactive and higher fees from the expanded Sky River Casino. (Boyd Gaming, The Motley Fool)
Shareholder returns are a meaningful part of the case. Boyd repurchased $156 million of stock and paid dividends in Q2, while management targets more than $650 million of 2026 returns and reports moderate leverage of 2.2 times before leases. (Boyd Gaming, The Motley Fool)
Las Vegas remains a clear drag. Q2 Las Vegas Locals revenue fell to $225.9 million and adjusted EBITDAR to $106.4 million, while Downtown Las Vegas also declined; management cited persistent Orleans destination weakness and Suncoast construction disruption. (Boyd Gaming)
The online segment is not yet replacing the economics lost from the FanDuel changes. Q2 Online revenue fell 8.6% and adjusted EBITDAR dropped to $10.6 million from $22.2 million, despite management’s higher full-year outlook for Boyd Interactive. (Boyd Gaming, The iGaming.eu)
Boyd is entering a capital-intensive period. It expects to spend $650 million to $700 million in 2026, including about $300 million on the Virginia resort, while carrying $2.6 billion of debt and continuing sizeable buybacks; weaker cash generation or project delays could reduce financial flexibility. (Boyd Gaming, Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 22 Sept 2026.
Boyd Gaming Financial Performance
Revenues and expenses
Boyd Gaming Earnings Performance
Company profitability
Upcoming events
Funds containing Boyd Gaming
AllUSDGBPEUR
Fund name | Fund size | $BYD weighting |
|---|---|---|
SPDR S&P 400 US Mid Cap$SPY4 | $6.3B | 0.11% |
SPDR S&P 400 US Mid Cap£SPX4 | £4.7B | 0.11% |
iShares MSCI World Small Cap$WSML | $9B | 0.04% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.04% |
iShares MSCI World Small Cap£WLDS | £6.7B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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