Boyd Gaming (BYD) Set to Announce Quarterly Earnings on Tuesday

Boyd Gaming (NYSE:BYD) is scheduled to announce its earnings results after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.26 per share for the quarter.

Shares of Boyd Gaming (NYSE:BYD) opened at $35.23 on Tuesday. The stock has a market capitalization of $3,992.79, a P/E ratio of 30.08 and a beta of 1.87. The company has a debt-to-equity ratio of 2.95, a current ratio of 0.73 and a quick ratio of 0.68. Boyd Gaming has a 52 week low of $19.39 and a 52 week high of $40.44.

The company also recently announced a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Thursday, December 28th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.57%. The ex-dividend date was Wednesday, December 27th. Boyd Gaming’s dividend payout ratio is currently 19.23%.

BYD has been the subject of several recent research reports. Nomura boosted their price objective on Boyd Gaming to $42.00 and gave the company a “buy” rating in a research report on Tuesday, December 19th. Deutsche Bank boosted their price objective on Boyd Gaming to $37.00 and gave the company a “buy” rating in a research report on Wednesday, December 6th. SunTrust Banks reiterated a “buy” rating and issued a $27.00 price objective on shares of Boyd Gaming in a research report on Tuesday, October 24th. Bank of America upgraded Boyd Gaming from a “neutral” rating to a “buy” rating and set a $42.00 price objective for the company in a research report on Friday, January 5th. Finally, Zacks Investment Research upgraded Boyd Gaming from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a research report on Wednesday, January 3rd. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $32.93.

TRADEMARK VIOLATION WARNING: This piece of content was first reported by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark law. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/13/boyd-gaming-byd-set-to-announce-quarterly-earnings-on-tuesday.html.

About Boyd Gaming

Boyd Gaming Corporation is a multi-jurisdictional gaming company. The Company operated 24 wholly owned gaming entertainment properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana and Mississippi, as of December 31, 2016. It operates through three segments: Las Vegas Locals, Downtown Las Vegas, and Midwest and South.

Earnings History for Boyd Gaming (NYSE:BYD)

Receive News & Ratings for Boyd Gaming Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boyd Gaming and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply