Boyd Gaming Corporation
BYD
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Boyd Gaming Corporation is well-positioned in the consumer cyclical sector, benefiting from a recovering tourism industry and increased consumer spending on leisure activities.
- Revenue increased by 4% compared to the previous quarter, reaching $1.0 billion.
- Gross margin improved to 50.3%, up from 49.3% in the prior quarter.
- Despite positive trends, Boyd Gaming's earnings growth has declined by 4.9%, indicating potential challenges ahead.
- The company's score indicates a 'Sell' signal with a score of -6.00, reflecting a concerning trend in market performance.
- The debt-to-equity ratio stands at 130.47, suggesting high leverage that could pose risks in a volatile market.
Fundamentals
| Market cap | $5.09B | Enterprise value | $8.02B | Trailing P/E | 3.06 | Forward P/E | 9.04 |
| PEG | 3.03 | Price / book | 2.05 | Beta | 1.13 | Dividend yield | 1.14% |
| Revenue growth | 0.0% | Earnings growth | -4.9% | Gross margin | 59.1% | Operating margin | 20.9% |
| Profit margin | 44.3% | ROE | 93.1% | ROA | 7.8% | Debt / equity | 1.30 |
| Current ratio | 0.77 | Free cash flow | $283.96M | Analyst recommendation | buy | Mean target | $95.63 |
| 52w high | $91.41 | 52w low | $65.00 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $1.0B | $997M | $1.1B | $1.0B | $1.0B | — |
| Op margin | 19.4% | 16.4% | 18.6% | 20.4% | 23.4% | — |
| Net income | $131M | $106M | $140M | $1.4B | $151M | — |
| Gross margin | 50.3% | 49.3% | 47.8% | 48.6% | 51.0% | — |
| Gross profit | $520M | $492M | $508M | $488M | $527M | — |
| Operating income | $201M | $164M | $197M | $205M | $242M | — |
- Revenue +4% vs prior quarter ($1.0B vs $997M).
- Gross margin 50.3% (was 49.3% prior quarter).
- Operating margin expanded to 19.4%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $4.1B | $3.9B | $3.7B | $3.6B | — |
| Op margin | 21.4% | 23.9% | 27.0% | 28.7% | — |
| Net income | $1.8B | $578M | $620M | $639M | — |
| Gross margin | 49.5% | 52.2% | 54.0% | 56.0% | — |
| Gross profit | $2.0B | $2.0B | $2.0B | $2.0B | — |
| Operating income | $877M | $938M | $1.0B | $1.0B | — |
Headlines — positive tone
• [OK · fundamentals] Boyd Gaming Shares Rise After Deutsche Bank Upgrade
• [OK · fundamentals] Will Deutsche Bank’s Upgrade on Strong Q2 FY26 Earnings Change Boyd Gaming’s (BYD) Narrative
News
2026-10-07 · Will Deutsche Bank’s Upgrade on Strong Q2 FY26 Earnings Change Boyd Gaming’s (BYD) Narrative
2026-10-07 · Deutsche Bank Upgrades Boyd Gaming to Buy From Hold, $99 Price Target
2026-10-06 · Boyd Gaming Shares Rise After Deutsche Bank Upgrade
2026-10-06 · Deutsche upgrades Penn, Boyd on improving gaming demand outlook
2026-10-06 · Deutsche Bank Upgrades Boyd Gaming to Buy From Hold, Adjusts Price Target to $99 From $98
2026-10-05 · 3 Low-Volatility Stocks That Fall Short
2026-10-01 · Can DKNG's DKeX Rollout Lift Profit Per Customer Into 2027?
2026-09-29 · 3 Out-of-Favor Stocks with Warning Signs
2026-09-22 · Can DKNG's Vertical Integration Unlock a 30% Adjusted EBITDA Margin?
2026-09-01 · Winners And Losers Of Q2: Boyd Gaming (NYSE:BYD) Vs The Rest Of The Consumer Discretionary - Casino Operator Stocks
2026-08-28 · Oxford Industries Set to Report Q2 Earnings: What's in the Offing?
Price (daily)
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