Boyd Gaming

BYD

Market cap $6.45B

Investors need to pay close attention to BYD stock based on the movements in the options market lately.

Several stocks driven by consumer spending just made significant buyback announcements. These companies are looking to add tailwinds to their share prices.

Boyd Group Services Inc. (BYD:CA) Q1 2026 Earnings Call Transcript

LAS VEGAS, May 7, 2026 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, payable July 15, 2026, to shareholders of record at the close of business on June 15, 2026. About Boyd Gaming Founded in 1975, Boyd Gaming Corporation (NYSE: BYD) is a leading geographically diversified operator of 27 gaming entertainment properties in 11 states.

LAS VEGAS--(BUSINESS WIRE)--Daily Racing Form (“DRF”), a subsidiary of Affinity Interactive and a brand within the Apex Hospitality platform backed by Z Capital Group, LLC (“ZCG”), today announced new multi-year print distribution agreements with American Wagering, Inc. and Boyd Gaming Corporation, further expanding its presence across key gaming and racing markets. The agreements, executed on March 16, 2026, and March 25, 2026, respectively, establish DRF as the exclusive provider of past perf.

Boyd Gaming (BYD) remains a long-term 'Buy' despite a double miss in Q1 and CBRE's 'take profits' call. Midwest & South segment strength offsets softness in Las Vegas Locals and Downtown, with regional diversification providing downside protection. Upcoming catalysts—property renovations, Norfolk opening, and potential M&A—support a base-case price target of $109, implying ~30% total return.

Boyd Gaming Corporation remains a well-managed casino operator, but recent revenue growth has stalled, particularly in its core Las Vegas segments. Despite robust stock buybacks and a modest dividend, BYD's margins, ROIC, and EPS have declined, signaling weakening operational performance. BYD's limited focus on online gaming and the sale of its FanDuel stake suggest missed opportunities amid shifting consumer preferences toward digital gambling.

Boyd Gaming Corporation reported a rare double miss in Q1. Softness in Las Vegas caused BYD's miss. Despite stabilizing tourism trends, the company's local and downtown casinos performed weaker than in 2025. BYD's performance in the Midwest & South remained strong, online earnings remained stable sequentially, and managed casinos boosted earnings.

Boyd Gaming Corp (NYSE:BYD) on Thursday reported worse-than-expected first-quarter financial results and announced a $500 million buyback plan.

While the top- and bottom-line numbers for Boyd (BYD) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.