Analysts Set Boyd Gaming Corporation (NYSE:BYD) PT at $94.69

21 Sep 2026, 08:44 by Kim Johansen · The Markets Daily

Boyd Gaming Corporation (NYSE:BYD – Get Free Report) has earned a consensus rating of “Hold” from the sixteen analysts that are covering the company, MarketBeat Ratings reports. Eleven analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $94.6923.

BYD has been the topic of several analyst reports. Stifel Nicolaus increased their target price on shares of Boyd Gaming from $91.00 to $92.00 and gave the stock a “hold” rating in a research report on Friday, July 24th. Texas Capital raised Boyd Gaming to a “strong-buy” rating in a research report on Wednesday, June 3rd. Mizuho set a $104.00 price target on Boyd Gaming in a research note on Friday, July 24th. Benchmark began coverage on Boyd Gaming in a report on Monday, June 22nd. They set a “buy” rating and a $100.00 price objective on the stock. Finally, Wolfe Research assumed coverage on Boyd Gaming in a research note on Wednesday, September 2nd. They issued a “peer perform” rating on the stock.

View Our Latest Report on Boyd Gaming

Boyd Gaming Stock Performance

BYD stock opened at $73.00 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $5.30 billion, a price-to-earnings ratio of 3.21, a P/E/G ratio of 1.30 and a beta of 1.06. Boyd Gaming has a 12 month low of $72.96 and a 12 month high of $91.41. The firm has a 50 day moving average of $82.23 and a two-hundred day moving average of $83.69.

Boyd Gaming (NYSE:BYD – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.89 by $0.04. Boyd Gaming had a net margin of 44.34% and a return on equity of 22.52%. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the prior year, the business posted $1.87 EPS. Boyd Gaming’s quarterly revenue was up .0% on a year-over-year basis. As a group, equities analysts anticipate that Boyd Gaming will post 7.29 EPS for the current fiscal year.

Boyd Gaming Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, September 15th. Boyd Gaming’s dividend payout ratio (DPR) is 3.52%.

Insider Buying and Selling

In other news, CFO Josh Hirsberg sold 12,777 shares of Boyd Gaming stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $89.76, for a total value of $1,146,863.52. Following the transaction, the chief financial officer owned 422,969 shares of the company’s stock, valued at $37,965,697.44. This trade represents a 2.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 22.82% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BYD. Blue Trust Inc. increased its position in shares of Boyd Gaming by 23.0% during the first quarter. Blue Trust Inc. now owns 653 shares of the company’s stock valued at $54,000 after purchasing an additional 122 shares during the period. Assetmark Inc. lifted its position in Boyd Gaming by 9.1% in the first quarter. Assetmark Inc. now owns 1,553 shares of the company’s stock worth $128,000 after purchasing an additional 129 shares during the period. Optas LLC lifted its position in Boyd Gaming by 4.1% in the first quarter. Optas LLC now owns 3,486 shares of the company’s stock worth $286,000 after purchasing an additional 138 shares during the period. Altshuler Shaham Ltd boosted its stake in Boyd Gaming by 54.3% during the first quarter. Altshuler Shaham Ltd now owns 452 shares of the company’s stock worth $37,000 after buying an additional 159 shares in the last quarter. Finally, TD Private Client Wealth LLC boosted its stake in Boyd Gaming by 24.5% during the fourth quarter. TD Private Client Wealth LLC now owns 854 shares of the company’s stock worth $73,000 after buying an additional 168 shares in the last quarter. 76.81% of the stock is currently owned by institutional investors and hedge funds.

Boyd Gaming Company Profile

(Get Free Report)

Boyd Gaming Corporation is a gaming and hospitality company that owns and operates casinos, hotels, restaurants, entertainment venues and related amenities. Its properties offer casino games such as slots, table games and poker, along with lodging, dining, convention and entertainment services.