Boyd Gaming (BYD) Expected to Release Earnings on Thursday

Boyd Gaming (NYSE:BYD) will likely be posting its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect Boyd Gaming to announce earnings of $1.89 per share and revenue of $1.0375 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:00 PM ET.

Boyd Gaming (NYSE:BYD) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $1.60 EPS for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.16). Boyd Gaming had a return on equity of 25.63% and a net margin of 44.84%.The company had revenue of $997.36 million for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the previous year, the company earned $1.62 earnings per share. Boyd Gaming’s quarterly revenue was up .6% compared to the same quarter last year. On average, analysts expect Boyd Gaming to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Boyd Gaming Stock Performance

Shares of BYD stock opened at $87.77 on Thursday. Boyd Gaming has a 12-month low of $76.33 and a 12-month high of $91.00. The business has a 50 day simple moving average of $85.05 and a 200 day simple moving average of $84.77. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.60 and a quick ratio of 0.58. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 3.85, a price-to-earnings-growth ratio of 2.01 and a beta of 1.07.

Boyd Gaming announced that its Board of Directors has initiated a share repurchase program on Thursday, April 23rd that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 7.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Boyd Gaming Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, June 15th. Boyd Gaming’s dividend payout ratio is 3.51%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on BYD shares. Texas Capital raised shares of Boyd Gaming to a “strong-buy” rating in a research note on Wednesday, June 3rd. Mizuho dropped their price objective on shares of Boyd Gaming from $99.00 to $96.00 and set an “outperform” rating for the company in a research note on Friday, April 24th. Wells Fargo & Company increased their price target on Boyd Gaming from $81.00 to $88.00 and gave the stock an “equal weight” rating in a research report on Tuesday. The Goldman Sachs Group initiated coverage on Boyd Gaming in a report on Friday, June 26th. They set a “neutral” rating and a $91.00 price objective for the company. Finally, Weiss Ratings raised shares of Boyd Gaming from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Boyd Gaming currently has a consensus rating of “Hold” and a consensus target price of $93.77.

Insider Transactions at Boyd Gaming

In other Boyd Gaming news, Chairman Marianne Boyd Johnson sold 62,914 shares of Boyd Gaming stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $84.03, for a total value of $5,286,663.42. Following the transaction, the chairman owned 1,609,808 shares in the company, valued at $135,272,166.24. The trade was a 3.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Keith Smith sold 100,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $85.90, for a total transaction of $8,590,000.00. Following the transaction, the chief executive officer owned 996,981 shares of the company’s stock, valued at $85,640,667.90. This trade represents a 9.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 200,000 shares of company stock worth $17,038,987. 22.82% of the stock is owned by insiders.

Hedge Funds Weigh In On Boyd Gaming

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Invesco Ltd. boosted its position in shares of Boyd Gaming by 118.2% during the 4th quarter. Invesco Ltd. now owns 1,427,828 shares of the company’s stock valued at $121,708,000 after purchasing an additional 773,394 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Boyd Gaming by 1,333.0% during the fourth quarter. Corient Private Wealth LLC now owns 204,351 shares of the company’s stock worth $17,419,000 after buying an additional 190,091 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Boyd Gaming by 24.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 20,353 shares of the company’s stock valued at $1,735,000 after purchasing an additional 3,952 shares during the last quarter. Vident Advisory LLC purchased a new stake in Boyd Gaming in the 4th quarter valued at about $999,000. Finally, EP Wealth Advisors LLC bought a new position in Boyd Gaming in the 4th quarter valued at $876,000. 76.81% of the stock is owned by institutional investors and hedge funds.

Boyd Gaming Company Profile

Boyd Gaming Corporation (NYSE: BYD) is a diversified hospitality and gaming company headquartered in Las Vegas, Nevada. The company develops, owns and operates a portfolio of branded gaming and entertainment properties, including casinos, hotels, restaurants and meeting facilities. Boyd Gaming’s offerings range from slot machines and table games to live entertainment, dining concepts and convention space, designed to appeal to both regional and destination visitors.

Founded in 1975 by its namesake, William S.