BALY stock icon

Bally's
BALY

$13.98
0.79%

Market Cap: 566M

 

About: Ballys Corp is a casino entertainment company with a growing omni-channel presence. It currently owns and manages 15 casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and has access to OSB licenses in 18 states. It also owns Bally's Interactive International, formerly Gamesys Group, a online gaming operator, Bally Bet, a sports betting platform, and Bally Casino, a iCasino platform. The Company's casino operations include approximately 15,300 slot machines, 580 table games, and 3,800 hotel rooms.

Employees: 10,500

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 5 analysts
0
News positive %
of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

258% more call options, than puts

Call options by funds: $25.6M | Put options by funds: $7.16M

50% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 6 (+2) [Q1 2024]

39% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 18

6% more funds holding

Funds holding: 112 [Q4 2023] → 119 (+7) [Q1 2024]

3.83% more ownership

Funds ownership: 62.24% [Q4 2023] → 66.08% (+3.83%) [Q1 2024]

9% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 35

7% less capital invested

Capital invested by funds: $396M [Q4 2023] → $369M (-$26.6M) [Q1 2024]

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$11
21%
downside
Avg. target
$12.80
8%
downside
High target
$16
14%
upside

5 analyst ratings

positive
20%
neutral
60%
negative
20%
Wells Fargo
Daniel Politzer
21%downside
$11
Underweight
Maintained
15 Jul 2024
Stifel
Jeffrey Stantial
0%upside
$14
Hold
Maintained
2 May 2024
Truist Securities
Barry Jonas
14%upside
$16
Buy
Maintained
23 Apr 2024
Stifel
Jeffrey Stantial
21%downside
$11
Hold
Maintained
22 Feb 2024
Macquarie
Jordan Bender
14%downside
$12
Neutral
Downgraded
17 Jan 2024

Financial journalist opinion

Based on 5 articles about BALY published over the past 30 days