Boyd Gaming (BYD)

• Market cap: $5.74B
• 1 day: 3.79%
• 5 days: 0.31%
• 1 month: -12.78%
• 3 months: -7.14%
• 6 months: 11.46%
• Year to date: -4.65%
• 1 year: 10.77%
• 5 years: 531.83%
• 10 years: 375.29%
• Sector: Consumer Discretionary
• Industry: Hotels & Motels

About: Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. Midwest and South hold the key number of entertainment properties, and it generate the majority of sales for the company.

Employees: 16,129

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

125% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 9 (+5) [Q4]

77% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 35

21% more call options, than puts

Call options by funds: $130M | Put options by funds: $107M

11% more capital invested

Capital invested by funds: $4.04B [Q3] → $4.48B (+$438M) [Q4]

6% more funds holding

Funds holding: 322 [Q3] → 340 (+18) [Q4]

9% less repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 123

1.06% less ownership

Funds ownership: 68.29% [Q3] → 67.23% (-1.06%) [Q4]

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $77 12% upside
• Avg. target: $84 23% upside
• High target: $93 36% upside

10 analyst ratings

• positive: 6 60%
• neutral: 4 40%
• negative: 0 0%

Susquehanna Joseph Stauff 39% 1-year accuracy 12 / 31 met price target	12% upside $77	Positive Upgraded	12 Mar 2025
Morgan Stanley Stephen Grambling 50% 1-year accuracy 14 / 28 met price target	18% upside $81	Equal-Weight Downgraded	24 Feb 2025
Barclays Brandt Montour 38% 1-year accuracy 31 / 82 met price target	14% upside $78	Equal-Weight Maintained	7 Feb 2025
Stifel Steven Wieczynski 42% 1-year accuracy 13 / 31 met price target	20% upside $82	Hold Maintained	7 Feb 2025
Wells Fargo Daniel Politzer 31% 1-year accuracy 18 / 59 met price target	28% upside $88	Overweight Maintained	7 Feb 2025