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Boyd Gaming Corporation - BYD STOCK NEWS

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Boyd Gaming Corporation (symbol: BYD) is renowned as one of the nation's premier casino entertainment enterprises. Beyond its reputation in the gaming industry, Boyd Gaming stands as a billion-dollar, publicly-traded organization that upholds the values and operational philosophy of a family-owned business. This unique approach has fostered long-term, sustainable growth for its shareholders and distinguishes the company from its competitors.

Established in the 1970s, Boyd Gaming has consistently committed to delivering exceptional hospitality to its guests, a supportive culture for its employees, and meaningful contributions to the communities it serves. Despite operating in a highly competitive industry, the company's

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Boyd Gaming Corporation (NYSE: BYD) announced strong third-quarter financial results for 2022, with revenues of $877.3 million, up from $843.1 million in Q3 2021. Net income rose to $157.0 million or $1.46 per share, compared to $138.2 million or $1.21 per share last year. Total Adjusted EBITDAR was $337.7 million, slightly down from $340.7 million in Q3 2021. A significant focus on core customers and operational efficiencies yielded nearly $500 million returned to shareholders this year. The company remains optimistic about its performance amidst economic challenges.

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Boyd Gaming Corporation (NYSE: BYD) has scheduled a conference call for October 25, 2022, at 5:00 p.m. Eastern to discuss its third-quarter results. The results will be reported shortly after 4:00 p.m. Eastern on the same day. Investors can join the call at (844) 200-6205 or access it online at investors.boydgaming.com. A replay will be available until November 1, 2022, by calling (866) 813-9403.

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Boyd Gaming Corporation (NYSE: BYD) has declared a quarterly cash dividend of $0.15 per share, set to be paid on October 15, 2022. Shareholders of record must be accounted for by the close of business on September 30, 2022. Boyd Gaming operates 28 gaming properties across 10 states and holds a 5% equity stake in FanDuel Group. The company is committed to enhancing its Environmental, Social and Corporate Governance (ESG) initiatives to positively impact stakeholders and communities.

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Boyd Gaming Corporation (NYSE: BYD) announced its second-quarter 2022 financial results, reporting revenues of $894.5 million, a slight increase from $893.6 million in Q2 2021. Net income rose to $146.8 million, or $1.33 per share, compared to $113.7 million, or $1.00 per share, in the previous year. Adjusted EBITDAR decreased to $353.9 million from $385.4 million. Boyd Gaming's operating margins improved to 39.6%, and strong performance was noted in its Las Vegas Locals and Downtown segments. The company also announced a quarterly dividend of $0.15 per share and plans to acquire Pala Interactive.

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Boyd Gaming Corporation (NYSE: BYD) announced its second-quarter 2022 results conference call on July 26, 2022, at 5:00 p.m. Eastern. The results will be available at 4:00 p.m. Eastern on the same day. Callers can join via (844) 200-6205 and use passcode 452657. An online stream will also be accessible at investors.boydgaming.com. A replay will be available until August 2, 2022, at (866) 813-9403. Boyd Gaming operates 28 gaming properties across 10 states.

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Boyd Gaming Corporation (NYSE: BYD) has released its 2021 Environmental, Social and Corporate Governance (ESG) report, reflecting its ongoing commitment to sustainability and community engagement. CEO Keith Smith highlighted achievements such as reductions in energy consumption and greenhouse gas emissions, nearly 1 billion gallons of water savings, and a Companywide waste diversion rate of nearly 50%. Additionally, Boyd Gaming has maintained over 10% spending with diverse vendors and contributed $1.4 million to pandemic relief efforts across 16 communities.

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Boyd Gaming Corporation (NYSE: BYD) announced a $500 million increase in its share repurchase program, following prior authorizations totaling $361 million. This initiative reflects the company's dedication to returning capital to shareholders, with plans for approximately $100 million in quarterly repurchases. Additionally, a quarterly cash dividend of $0.15 per share was declared, payable on July 15, 2022, to shareholders of record on June 30, 2022.

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Boyd Gaming Corporation (NYSE: BYD) reported record first-quarter financial results for 2022, with revenues of $860.7 million, up 14.3% from the previous year. Net income rose to $162.9 million ($1.45 per share), a significant increase from $102.2 million ($0.90 per share) in Q1 2021. The company achieved 39.4% adjusted EBITDAR margins alongside strong performances in its local and regional segments. Boyd Gaming reinstated its quarterly cash dividend at $0.15 per share, and repurchased $132 million in stock during the quarter.

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Boyd Gaming Corporation (NYSE: BYD) announced that its Q1 2022 results conference call will be held on April 26, 2022, at 5:00 p.m. Eastern. Interested participants can call (844) 200-6205 or access the call online at investors.boydgaming.com. The results will be released shortly after 4:00 p.m. Eastern. A replay of the call will be available until May 3, 2022 via (866) 813-9403 and online. Boyd Gaming, founded in 1975, operates 28 gaming properties and is a partner in FanDuel Group.

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Pala Interactive LLC has reached a definitive agreement to sell its business to Boyd Gaming Corporation (NYSE: BYD) for $170 million. Founded in 2013, Pala Interactive specializes in online gaming technology and currently operates in eight U.S. states and Canada. This acquisition is expected to enhance Boyd Gaming's iGaming strategy, following Pala Interactive's recent achievement of an Ontario Gaming Related Supplier License. The deal is anticipated to close by the first quarter of 2023, pending regulatory approvals.

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FAQ

What is the current stock price of Boyd Gaming Corporation (BYD)?

The current stock price of Boyd Gaming Corporation (BYD) is $72.43 as of November 15, 2024.

What is the market cap of Boyd Gaming Corporation (BYD)?

The market cap of Boyd Gaming Corporation (BYD) is approximately 6.3B.

Boyd Gaming Corporation

NYSE:BYD

BYD Rankings

BYD Stock Data

6.34B
91.76M
30.57%
74.19%
3.73%
Resorts & Casinos
Hotels & Motels
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United States of America
LAS VEGAS