(BYD) Boyd Gaming - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US1033041013
Stock: Casinos, Online Gaming
Total Rating 55
Risk 92
Buy Signal -0.78
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.93% |
| Yield on Cost 5y | 1.38% |
| Yield CAGR 5y | -1.09% |
| Payout Consistency | 46.1% |
| Payout Ratio | 10.0% |
| Risk 5d forecast | |
|---|---|
| Volatility | 26.8% |
| Relative Tail Risk | -8.85% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.23 |
| Alpha | -5.15 |
| Character TTM | |
|---|---|
| Beta | 0.944 |
| Beta Downside | 0.886 |
| Drawdowns 3y | |
|---|---|
| Max DD | 30.29% |
| CAGR/Max DD | 0.31 |
Description: BYD Boyd Gaming January 09, 2026
Boyd Gaming Corporation (NYSE: BYD) is a U.S.-based, multi-jurisdictional casino operator founded in 1975 and headquartered in Las Vegas. It runs properties across four segments-Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online-through a mix of brick-and-mortar casinos, its Boyd Interactive online platform, and a travel-agency subsidiary. The firm rebranded from The Boyd Group to Boyd Gaming in April 1993.
Key recent metrics: FY 2023 total revenue was approximately $2.2 billion, with adjusted EBITDA margin hovering around 30 %, and same-store net gaming revenue grew roughly 5 % YoY, driven largely by a rebound in discretionary spending and a modest increase in tourism to Nevada. The Online segment expanded at a compound annual growth rate of about 15 % over the past three years, reflecting broader industry shifts toward digital wagering. Macro-level drivers include consumer confidence, employment trends in the U.S. and Canada, and the trajectory of interest rates, which influence both visitor spending and the cost of capital for expansion projects.
For a deeper, data-rich assessment of BYD’s valuation dynamics, you might find ValueRay’s analytical tools worth exploring.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 1.87b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -2.05 > 1.0 |
| NWC/Revenue: -11.49% < 20% (prev -2.83%; Δ -8.66% < -1%) |
| CFO/TA 0.15 > 3% & CFO 963.5m > Net Income 1.87b |
| Net Debt (2.25b) to EBITDA (2.87b): 0.78 < 3 |
| Current Ratio: 0.51 > 1.5 & < 3 |
| Outstanding Shares: last quarter (80.9m) vs 12m ago -11.99% < -2% |
| Gross Margin: 50.78% > 18% (prev 0.52%; Δ 5026 % > 0.5%) |
| Asset Turnover: 63.53% > 50% (prev 60.99%; Δ 2.54% > 0%) |
| Interest Coverage Ratio: 14.49 > 6 (EBITDA TTM 2.87b / Interest Expense TTM 178.2m) |
Altman Z'' 4.30
| A: -0.07 (Total Current Assets 495.6m - Total Current Liabilities 963.4m) / Total Assets 6.51b |
| B: 0.41 (Retained Earnings 2.67b / Total Assets 6.51b) |
| C: 0.40 (EBIT TTM 2.58b / Avg Total Assets 6.41b) |
| D: 0.69 (Book Value of Equity 2.67b / Total Liabilities 3.85b) |
| Altman-Z'' Score: 4.30 = AA |
Beneish M -3.02
| DSRI: 0.75 (Receivables 82.2m/103.5m, Revenue 4.07b/3.84b) |
| GMI: 1.03 (GM 50.78% / 52.22%) |
| AQI: 1.01 (AQ_t 0.39 / AQ_t-1 0.38) |
| SGI: 1.06 (Revenue 4.07b / 3.84b) |
| TATA: 0.14 (NI 1.87b - CFO 963.5m) / TA 6.51b) |
| Beneish M-Score: -3.02 (Cap -4..+1) = AA |
What is the price of BYD shares?
As of February 08, 2026, the stock is trading at USD 83.24 with a total of 1,880,761 shares traded.
Over the past week, the price has changed by -1.54%, over one month by -5.20%, over three months by +4.22% and over the past year by +6.94%.
Over the past week, the price has changed by -1.54%, over one month by -5.20%, over three months by +4.22% and over the past year by +6.94%.
Is BYD a buy, sell or hold?
Boyd Gaming has received a consensus analysts rating of 4.07.
Therefore, it is recommended to buy BYD.
- StrongBuy: 7
- Buy: 2
- Hold: 6
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the BYD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 94.3 | 13.3% |
| Analysts Target Price | 94.3 | 13.3% |
| ValueRay Target Price | 88.8 | 6.7% |
BYD Fundamental Data Overview January 31, 2026
P/E Trailing = 3.7623
P/E Forward = 10.5932
P/S = 1.6652
P/B = 2.4664
P/EG = 0.85
Revenue TTM = 4.07b USD
EBIT TTM = 2.58b USD
EBITDA TTM = 2.87b USD
Long Term Debt = 1.89b USD (from longTermDebt, last quarter)
Short Term Debt = 107.2m USD (from shortTermDebt, last quarter)
Debt = 2.57b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.25b USD (from netDebt column, last quarter)
Enterprise Value = 9.03b USD (6.78b + Debt 2.57b - CCE 319.1m)
Interest Coverage Ratio = 14.49 (Ebit TTM 2.58b / Interest Expense TTM 178.2m)
EV/FCF = 21.89x (Enterprise Value 9.03b / FCF TTM 412.4m)
FCF Yield = 4.57% (FCF TTM 412.4m / Enterprise Value 9.03b)
FCF Margin = 10.13% (FCF TTM 412.4m / Revenue TTM 4.07b)
Net Margin = 45.99% (Net Income TTM 1.87b / Revenue TTM 4.07b)
Gross Margin = 50.78% ((Revenue TTM 4.07b - Cost of Revenue TTM 2.00b) / Revenue TTM)
Gross Margin QoQ = 48.61% (prev 50.97%)
Tobins Q-Ratio = 1.39 (Enterprise Value 9.03b / Total Assets 6.51b)
Interest Expense / Debt = 1.30% (Interest Expense 33.3m / Debt 2.57b)
Taxrate = 21.89% (403.2m / 1.84b)
NOPAT = 2.02b (EBIT 2.58b * (1 - 21.89%))
Current Ratio = 0.51 (Total Current Assets 495.6m / Total Current Liabilities 963.4m)
Debt / Equity = 0.96 (Debt 2.57b / totalStockholderEquity, last quarter 2.67b)
Debt / EBITDA = 0.78 (Net Debt 2.25b / EBITDA 2.87b)
Debt / FCF = 5.45 (Net Debt 2.25b / FCF TTM 412.4m)
Total Stockholder Equity = 1.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 29.22% (Net Income 1.87b / Total Assets 6.51b)
RoE = 107.1% (Net Income TTM 1.87b / Total Stockholder Equity 1.75b)
RoCE = 70.90% (EBIT 2.58b / Capital Employed (Equity 1.75b + L.T.Debt 1.89b))
RoIC = 42.13% (NOPAT 2.02b / Invested Capital 4.79b)
WACC = 7.09% (E(6.78b)/V(9.35b) * Re(9.39%) + D(2.57b)/V(9.35b) * Rd(1.30%) * (1-Tc(0.22)))
Discount Rate = 9.39% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -9.61%
[DCF Debug] Terminal Value 79.75% ; FCFF base≈458.7m ; Y1≈402.9m ; Y5≈329.2m
Fair Price DCF = 63.38 (EV 7.20b - Net Debt 2.25b = Equity 4.95b / Shares 78.1m; r=7.09% [WACC]; 5y FCF grow -14.90% → 2.90% )
EPS Correlation: -27.46 | EPS CAGR: -45.68% | SUE: -4.0 | # QB: 0
Revenue Correlation: 90.60 | Revenue CAGR: 3.59% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-03-31): EPS=1.83 | Chg30d=+0.067 | Revisions Net=+5 | Analysts=10
EPS next Year (2026-12-31): EPS=7.83 | Chg30d=+0.137 | Revisions Net=+10 | Growth EPS=+10.6% | Growth Revenue=+0.9%
P/E Forward = 10.5932
P/S = 1.6652
P/B = 2.4664
P/EG = 0.85
Revenue TTM = 4.07b USD
EBIT TTM = 2.58b USD
EBITDA TTM = 2.87b USD
Long Term Debt = 1.89b USD (from longTermDebt, last quarter)
Short Term Debt = 107.2m USD (from shortTermDebt, last quarter)
Debt = 2.57b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.25b USD (from netDebt column, last quarter)
Enterprise Value = 9.03b USD (6.78b + Debt 2.57b - CCE 319.1m)
Interest Coverage Ratio = 14.49 (Ebit TTM 2.58b / Interest Expense TTM 178.2m)
EV/FCF = 21.89x (Enterprise Value 9.03b / FCF TTM 412.4m)
FCF Yield = 4.57% (FCF TTM 412.4m / Enterprise Value 9.03b)
FCF Margin = 10.13% (FCF TTM 412.4m / Revenue TTM 4.07b)
Net Margin = 45.99% (Net Income TTM 1.87b / Revenue TTM 4.07b)
Gross Margin = 50.78% ((Revenue TTM 4.07b - Cost of Revenue TTM 2.00b) / Revenue TTM)
Gross Margin QoQ = 48.61% (prev 50.97%)
Tobins Q-Ratio = 1.39 (Enterprise Value 9.03b / Total Assets 6.51b)
Interest Expense / Debt = 1.30% (Interest Expense 33.3m / Debt 2.57b)
Taxrate = 21.89% (403.2m / 1.84b)
NOPAT = 2.02b (EBIT 2.58b * (1 - 21.89%))
Current Ratio = 0.51 (Total Current Assets 495.6m / Total Current Liabilities 963.4m)
Debt / Equity = 0.96 (Debt 2.57b / totalStockholderEquity, last quarter 2.67b)
Debt / EBITDA = 0.78 (Net Debt 2.25b / EBITDA 2.87b)
Debt / FCF = 5.45 (Net Debt 2.25b / FCF TTM 412.4m)
Total Stockholder Equity = 1.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 29.22% (Net Income 1.87b / Total Assets 6.51b)
RoE = 107.1% (Net Income TTM 1.87b / Total Stockholder Equity 1.75b)
RoCE = 70.90% (EBIT 2.58b / Capital Employed (Equity 1.75b + L.T.Debt 1.89b))
RoIC = 42.13% (NOPAT 2.02b / Invested Capital 4.79b)
WACC = 7.09% (E(6.78b)/V(9.35b) * Re(9.39%) + D(2.57b)/V(9.35b) * Rd(1.30%) * (1-Tc(0.22)))
Discount Rate = 9.39% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -9.61%
[DCF Debug] Terminal Value 79.75% ; FCFF base≈458.7m ; Y1≈402.9m ; Y5≈329.2m
Fair Price DCF = 63.38 (EV 7.20b - Net Debt 2.25b = Equity 4.95b / Shares 78.1m; r=7.09% [WACC]; 5y FCF grow -14.90% → 2.90% )
EPS Correlation: -27.46 | EPS CAGR: -45.68% | SUE: -4.0 | # QB: 0
Revenue Correlation: 90.60 | Revenue CAGR: 3.59% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-03-31): EPS=1.83 | Chg30d=+0.067 | Revisions Net=+5 | Analysts=10
EPS next Year (2026-12-31): EPS=7.83 | Chg30d=+0.137 | Revisions Net=+10 | Growth EPS=+10.6% | Growth Revenue=+0.9%