Golden Entertainment, Inc. (NASDAQ:GDEN) to Post Q1 2025 Earnings of $0.32 Per Share, B. Riley Forecasts

Golden Entertainment, Inc. (NASDAQ:GDEN) – Research analysts at B. Riley issued their Q1 2025 earnings per share estimates for shares of Golden Entertainment in a research note issued to investors on Thursday, April 25th. B. Riley analyst D. Bain anticipates that the company will earn $0.32 per share for the quarter. B. Riley has a “Buy” rating and a $46.00 price target on the stock. The consensus estimate for Golden Entertainment’s current full-year earnings is $1.21 per share. B. Riley also issued estimates for Golden Entertainment’s Q2 2025 earnings at $0.38 EPS, Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.40 EPS and FY2025 earnings at $1.57 EPS.

Several other research analysts have also weighed in on GDEN. Truist Financial dropped their target price on Golden Entertainment from $45.00 to $44.00 and set a “buy” rating on the stock in a research report on Tuesday, April 23rd. StockNews.com lowered Golden Entertainment from a “buy” rating to a “hold” rating in a report on Monday, March 4th. Finally, JMP Securities lowered their price objective on Golden Entertainment from $48.00 to $45.00 and set a “market outperform” rating on the stock in a report on Friday, March 1st.

Golden Entertainment Stock Performance

Shares of GDEN stock opened at $32.41 on Monday. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.35 and a quick ratio of 2.30. Golden Entertainment has a fifty-two week low of $30.38 and a fifty-two week high of $47.49. The stock’s 50-day moving average is $34.93 and its two-hundred day moving average is $36.59. The firm has a market cap of $938.27 million, a P/E ratio of 3.91 and a beta of 2.25.

Golden Entertainment (NASDAQ:GDEN) last announced its quarterly earnings data on Thursday, February 29th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.07). Golden Entertainment had a return on equity of 6.40% and a net margin of 24.28%. The business had revenue of $230.69 million during the quarter, compared to analysts’ expectations of $228.75 million.

Golden Entertainment Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Monday, March 18th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date was Friday, March 15th. Golden Entertainment’s dividend payout ratio is 12.08%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC increased its holdings in shares of Golden Entertainment by 86.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,048 shares of the company’s stock valued at $36,000 after acquiring an additional 487 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Golden Entertainment by 44.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,012 shares of the company’s stock valued at $171,000 after buying an additional 1,549 shares during the last quarter. Inscription Capital LLC acquired a new stake in Golden Entertainment in the 1st quarter valued at approximately $226,000. New York State Teachers Retirement System grew its holdings in Golden Entertainment by 6.7% in the 1st quarter. New York State Teachers Retirement System now owns 6,272 shares of the company’s stock valued at $231,000 after buying an additional 394 shares during the last quarter. Finally, MGO One Seven LLC grew its holdings in Golden Entertainment by 13.3% in the 3rd quarter. MGO One Seven LLC now owns 9,897 shares of the company’s stock valued at $338,000 after buying an additional 1,164 shares during the last quarter. Institutional investors and hedge funds own 70.73% of the company’s stock.

Golden Entertainment Company Profile

Golden Entertainment, Inc owns and operates a diversified entertainment platform in the United States. The company operates through four segments; Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. It also operates casino, casino resorts, and taverns; and slot machines in third party non-casino locations.