Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
BYD 
Boyd Gaming Corporation (BYD)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/17/2025: BYD (3-star) is a REGULAR-BUY. BUY since 90 days. Simulated Profits (15.80%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Number of Analysts
15 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $90.77
1 Year Target Price $90.77
| 7 | Strong Buy |
| 2 | Buy |
| 6 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 19.18% | Avg. Invested days 77 | Today’s Advisory Regular Buy |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/17/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.64B USD | Price to earnings Ratio 12.82 | 1Y Target Price 90.77 |
Price to earnings Ratio 12.82 | 1Y Target Price 90.77 | ||
Volume (30-day avg) 15 | Beta 1.23 | 52 Weeks Range 58.67 - 87.64 | Updated Date 09/17/2025 |
52 Weeks Range 58.67 - 87.64 | Updated Date 09/17/2025 | ||
Dividends yield (FY) 0.85% | Basic EPS (TTM) 6.46 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 14.02% | Operating Margin (TTM) 23.61% |
Management Effectiveness
Return on Assets (TTM) 9.34% | Return on Equity (TTM) 36.23% |
Valuation
Trailing PE 12.82 | Forward PE 9.84 | Enterprise Value 10525690276 | Price to Sales(TTM) 1.65 |
Enterprise Value 10525690276 | Price to Sales(TTM) 1.65 | ||
Enterprise Value to Revenue 2.61 | Enterprise Value to EBITDA 8.68 | Shares Outstanding 80184203 | Shares Floating 56250822 |
Shares Outstanding 80184203 | Shares Floating 56250822 | ||
Percent Insiders 30.21 | Percent Institutions 72.76 |
Upturn AI SWOT
Boyd Gaming Corporation
Company Overview
History and Background
Boyd Gaming Corporation was founded in 1975 by Sam Boyd. Initially focusing on small-scale casinos in Las Vegas, the company expanded regionally and nationally through acquisitions and development of new properties. Boyd Gaming went public in 1993 and has grown to become a significant player in the gaming and entertainment industry.
Core Business Areas
- Las Vegas Locals: Boyd Gaming operates several casinos catering to the Las Vegas locals market, offering gaming, dining, and entertainment options.
- Downtown Las Vegas: The company has a presence in downtown Las Vegas, providing a more classic casino experience.
- Regional Operations: Boyd Gaming owns and operates casinos across multiple states in the US, focusing on regional gaming markets.
Leadership and Structure
Keith Smith serves as the President and CEO of Boyd Gaming. The company has a typical corporate structure with a board of directors and various executive leadership positions overseeing different aspects of the business.
Top Products and Market Share
Key Offerings
- Casino Gaming: Boyd Gaming's core product is casino gaming, including slot machines, table games, and poker. Market share data is proprietary, but Boyd Gaming competes with other major casino operators. Competitors include Penn Entertainment, Caesars Entertainment, and MGM Resorts International. Revenue is largely based on win rates and volume, with specific revenue figures for each game type unavailable.
- Hotel Operations: Boyd Gaming offers hotel accommodations at its casino properties. Occupancy rates and average daily rates (ADR) vary by property and market conditions. Competitors are the same as for gaming, as well as hotel-specific chains. Revenue is dependent on occupancy and ADR, specific revenue figures unavailable.
- Food and Beverage: Boyd Gaming provides various food and beverage options at its properties, ranging from casual dining to fine dining. Revenue data specific to food and beverage is not publicly broken out. Competitors include restaurant chains and other casino food service operations.
Market Dynamics
Industry Overview
The gaming industry is highly competitive and subject to economic cycles, regulatory changes, and evolving consumer preferences. Growth drivers include increased disposable income, tourism, and the expansion of legalized gaming in new markets.
Positioning
Boyd Gaming is a regional gaming operator with a strong presence in the Las Vegas locals market. Its competitive advantages include its established brand reputation, loyal customer base, and strategic property locations.
Total Addressable Market (TAM)
The total addressable market for the U.S. gaming industry is estimated at hundreds of billions of dollars annually. Boyd Gaming is positioned to capture a portion of this TAM through its regional properties and presence in key markets. Specific TAM and Boyd's capture is contingent on regulatory changes.
Upturn SWOT Analysis
Strengths
- Strong regional presence
- Loyal customer base
- Experienced management team
- Diversified revenue streams
- Strategic property locations
Weaknesses
- Dependence on regional economies
- Exposure to regulatory changes
- Competition from larger national operators
- High capital expenditures
- Brand Recognition in smaller markets
Opportunities
- Expansion into new markets
- Development of online gaming platforms
- Acquisition of complementary businesses
- Enhancement of existing properties
- Strategic Partnerships
Threats
- Economic downturns
- Increased competition
- Regulatory restrictions
- Changing consumer preferences
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- PENN
- CZR
- MGM
Competitive Landscape
Boyd Gaming is a well-established regional player, while Caesars and MGM are larger national operators with greater brand recognition and broader geographic reach. Penn is also a competitor with large gaming and racing properties. Boyd focuses on a strong local customer base, where larger players emphasize broader markets and higher-end offerings.
Major Acquisitions
PENN National Gaming (now Penn Entertainment) - Kansas Hollywood Casino
- Year: 2023
- Acquisition Price (USD millions): 275
- Strategic Rationale: Expansion of the gaming operation footprint
Growth Trajectory and Initiatives
Historical Growth: Discuss Boyd Gaming Corporation's growth trends over the past years.
Future Projections: Provide projections for Boyd Gaming Corporation's future growth based on analyst estimates.
Recent Initiatives: Highlight recent strategic initiatives undertaken by Boyd Gaming Corporation.
Summary
Boyd Gaming is a solid regional gaming operator with a strong presence in the Las Vegas locals market. Its strategic property locations and loyal customer base contribute to its stable performance. However, the company faces challenges from larger national operators and economic volatility. Future growth opportunities include expansion into new markets and development of online gaming platforms.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market share data is estimated.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Boyd Gaming Corporation
Exchange NYSE | Headquaters Las Vegas, NV, United States | ||
IPO Launch date 1993-10-15 | President, CEO & Director Mr. Keith E. Smith | ||
Sector Consumer Cyclical | Industry Resorts & Casinos | Full time employees 16129 | Website https://www.boydgaming.com |
Full time employees 16129 | Website https://www.boydgaming.com | ||
Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in the United States and Canada. It operates through Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online segments. The company owns and operates casinos; Boyd Interactive, an online casino gaming business; and a travel agency. The company was formerly known as The Boyd Group and changed its name to Boyd Gaming Corporation in April 1993. Boyd Gaming Corporation was founded in 1975 and is headquartered in Las Vegas, Nevada.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.