Boyd Gaming Corp Stock Price, News & Analysis

Boyd Gaming (NYSE: BYD) reported Q1 2025 financial results with revenues of $991.6 million, up from $960.5 million in Q1 2024. Net income was $111.4 million ($1.31 per share), compared to $136.5 million ($1.40 per share) year-over-year.

Total Adjusted EBITDAR increased to $337.5 million from $330.5 million in Q1 2024. The company maintained property operating margins of 40% despite severe weather impacts in the Midwest & South segment. The Online segment showed strong growth, while Downtown Las Vegas reported gains in both revenues and EBITDAR.

During Q1 2025, Boyd Gaming repurchased $328 million in shares and increased its quarterly dividend to $0.18 per share. The company held $311.5 million in cash and $3.5 billion in total debt as of March 31, 2025.

Boyd Gaming (NYSE: BYD) has scheduled its first-quarter 2025 earnings conference call for Thursday, April 24, 2025, at 5:00 p.m. Eastern. The company will release its Q1 results shortly after 4:00 p.m. Eastern on the same day.

Investors can join the call at (800) 836-8184 without a passcode, or access it online at the company's investor relations website. A replay will be available through May 1 by dialing (888) 660-6345 with passcode 77591#.

Boyd Gaming, marking its 50th anniversary in 2025, operates 28 gaming properties across 10 states, manages a tribal casino in northern California, and owns Boyd Interactive. The company also holds a 5% equity stake in FanDuel Group.

Boyd Gaming (NYSE: BYD) has announced an increase in its quarterly dividend from $0.17 to $0.18 per share. The dividend will be payable on April 15, 2025, to shareholders of record as of March 17, 2025.

The announcement comes as Boyd Gaming celebrates its 50th anniversary in 2025. The company operates 28 gaming entertainment properties across 10 states, manages a tribal casino in northern California, and owns Boyd Interactive, a B2B and B2C online casino gaming business. Additionally, Boyd Gaming holds a 5% equity stake in FanDuel Group, the nation's leading sports-betting operator.

Boyd Gaming (NYSE: BYD) reported solid Q4 2024 financial results with revenues of $1.0 billion, up from $954.4 million in Q4 2023. Net income reached $170.5 million ($1.92 per share), compared to $92.6 million ($0.94 per share) in the year-ago period.

For the full year 2024, the company reported revenues of $3.9 billion, increasing from $3.7 billion in 2023. Total Adjusted EBITDAR was $1.4 billion, maintaining stable year-over-year performance. The company maintained property-level operating margins above 40% and returned nearly $750 million to shareholders in 2024.

During Q4, the Las Vegas Locals segment faced competitive pressures at specific properties, while the Online segment showed strong growth. The company repurchased $203 million in shares during Q4 2024, with approximately $640 million remaining under current share repurchase authorizations.

Boyd Gaming (NYSE: BYD) has scheduled its fourth-quarter and full-year 2024 financial results announcement for February 6, 2025. The company will release results after market close at 4:00 p.m. Eastern, followed by a conference call at 5:00 p.m. Eastern. The call will be accessible via phone at (800) 836-8184 and online through the company's investor relations website.

Boyd Gaming, marking its 50th anniversary in 2025, operates 28 gaming properties across 10 states and manages a tribal casino in northern California. The company also owns Boyd Interactive and holds a 5% stake in FanDuel Group. The replay of the earnings call will be available until February 13, 2025, by dialing (888) 660-6345 with passcode 55103#.

Boyd Gaming (NYSE: BYD) announced an additional $500 million share repurchase authorization by its Board of Directors. This brings the total remaining repurchase authority to approximately $843 million as of September 30, 2024.

Additionally, Boyd Gaming declared a quarterly cash dividend of $0.17 per share, payable on January 15, 2025, to shareholders of record as of December 16, 2024.

Founded in 1975, Boyd Gaming operates 28 gaming entertainment properties in 10 states, manages a tribal casino in Northern California, and owns Boyd Interactive, an online casino gaming business. The company also holds a 5% equity stake in FanDuel Group, a leading sports-betting operator.

Boyd Gaming (NYSE: BYD) reported Q3 2024 revenues of $961.2 million, up from $903.2 million in Q3 2023. Net income was $131.1 million ($1.43 per share), compared to $135.2 million ($1.34 per share) year-over-year. Total Adjusted EBITDAR increased to $336.6 million from $320.8 million.

The company's Downtown Las Vegas and Midwest & South segments showed strong performance, while Las Vegas Locals segment faced competitive pressures. Online segment delivered strong growth. During Q3, Boyd repurchased $202 million in shares and paid a $0.17 quarterly dividend. The company maintained $286.3 million in cash and $3.1 billion in total debt as of September 30, 2024.

Boyd Gaming (NYSE: BYD) has announced its upcoming third-quarter 2024 results conference call and webcast, scheduled for October 24, 2024, at 5:00 p.m. Eastern. The company will release its results shortly after 4:00 p.m. Eastern on the same day. Investors can join the call at (800) 836-8184 without a passcode, or access it online at the company's investor relations website. A replay will be available until October 31.

Boyd Gaming, founded in 1975, is a leading geographically diversified operator of 28 gaming entertainment properties across 10 states. The company also manages a tribal casino in northern California and owns Boyd Interactive, an online casino gaming business. Additionally, Boyd Gaming holds a 5% equity stake in FanDuel Group, a prominent sports-betting operator.

Boyd Gaming (NYSE: BYD) has declared a quarterly cash dividend of $0.17 per share, payable on October 15, 2024, to shareholders of record as of September 15, 2024. Boyd Gaming, founded in 1975, is a leading diversified operator of 28 gaming entertainment properties across 10 states. The company also manages a tribal casino in northern California and owns Boyd Interactive, an online casino gaming business. Additionally, Boyd Gaming holds a 5% equity stake in FanDuel Group, a prominent sports-betting operator. The company is known for its experienced leadership team and commitment to providing excellent entertainment experiences and customer service.