Founded in 1975, Boyd Gaming Corporation is a leading geographically diversified operator of 29 gaming entertainment properties in 10 states. The Company is also a strategic partner and 5% equity owner of FanDuel Group, the nation's leading sports-betting and iGaming operator. With one of the most experienced leadership teams in the casino industry, Boyd Gaming prides itself on offering its guests an outstanding entertainment experience, delivered with unwavering attention to customer service.

Company profile
Ticker
BYD
Exchange
Website
CEO
Keith Smith
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
BGM Co. Inc. • East West Gaming, LLC • Tides 8, LLC • ALST Casino Holdco, LLC • Aliante Gaming, LLC • Blue Chip Casino, LLC • Boyd Acquisition, LLC • Boyd Acquisition I, LLC • Boyd Acquisition II, LLC • Peninsula Gaming, LLC ...
IRS number
880242733
BYD stock data
News

Las Vegas Strip Monthly Gaming Revenue Up 20%, Macau Revenue Down 95%
1 Aug 22
Mass. House Speaker Tweets 'I am proud to announce that the Sports Betting Conference Committee has reached an agreement on legislation that will legalize wagering on professional and collegiate sports in Massachusetts...'
1 Aug 22
9 Analysts Have This to Say About Boyd Gaming
27 Jul 22
Barclays Maintains Overweight on Boyd Gaming, Raises Price Target to $65
27 Jul 22
Deutsche Bank Maintains Buy on Boyd Gaming, Lowers Price Target to $66
27 Jul 22
Press releases
Boyd Gaming Reports Second-Quarter 2022 Results
26 Jul 22
Boyd Gaming to Report Second-Quarter 2022 Results, Host Conference Call and Webcast on July 26
5 Jul 22
Boyd Gaming Issues 2021 Environmental, Social and Corporate Governance Report
7 Jun 22
Boyd Gaming Announces $500 Million Increase to Share Repurchase Authorization
1 Jun 22
Analyst ratings and price targets
Current price
Average target
$88.00
Low target
$65.00
High target
$165.00
Barclays
Maintains
$65.00
Deutsche Bank
Maintains
$66.00
Truist Securities
Maintains
$80.00
Wells Fargo
Maintains
$76.00
Loop Capital
Initiated
$86.00
BMO Capital
Maintains
$165.00
Berenberg
Initiated
$78.00
Calendar
4 Aug 22
9 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Operating income | |||||
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Net income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 264.02M | 264.02M | 264.02M | 264.02M | 264.02M | 264.02M |
Cash burn (monthly) | 51.74M | 7.65M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 69.13M | 10.23M | n/a | n/a | n/a | n/a |
Cash remaining | 194.89M | 253.79M | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.8 | 33.2 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Jun 22 | Keith Smith | Common Stock | Sell | Dispose S | No | No | 59.75 | 26,675 | 1.59M | 1,261,362 |
6 Jun 22 | Keith Smith | Common Stock | Sell | Dispose S | No | No | 60.07 | 25,000 | 1.5M | 1,288,037 |
6 Jun 22 | Keith Smith | Common Stock | Sell | Dispose S | No | No | 59.96 | 25,000 | 1.5M | 1,313,037 |
6 Jun 22 | Keith Smith | Common Stock | Sell | Dispose S | No | No | 59.63 | 25,000 | 1.49M | 1,338,037 |
6 Jun 22 | Keith Smith | Common Stock | Option exercise | Acquire M | No | No | 17.75 | 101,675 | 1.8M | 1,363,037 |
6 Jun 22 | Keith Smith | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 17.75 | 101,675 | 1.8M | 0 |
2 Jun 22 | William R Boyd | Common Stock | Sell | Dispose S | Yes | No | 59.25 | 70,000 | 4.15M | 1,986,522 |
26 May 22 | Johnson Marianne Boyd | Common Stock | Sell | Dispose S | No | No | 58.9797 | 14,865 | 876.73K | 42,548 |
26 May 22 | Johnson Marianne Boyd | Common Stock | Sell | Dispose S | No | No | 58.9797 | 20,210 | 1.19M | 57,413 |
25 May 22 | Johnson Marianne Boyd | Common Stock | Sell | Dispose S | No | No | 55.5975 | 26,492 | 1.47M | 77,623 |
Institutional ownership, Q1 2022
12.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 350 |
Opened positions | 61 |
Closed positions | 37 |
Increased positions | 123 |
Reduced positions | 110 |
13F shares | Current |
---|---|
Total value | 5.07B |
Total shares | 75.9M |
Total puts | 1.41M |
Total calls | 1.24M |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 9.03M | $594.04M |
BLK Blackrock | 7.03M | $462.14M |
CNS Cohen & Steers | 4.33M | $284.73M |
HG Vora Capital Management | 3.75M | $246.68M |
Bamco | 3.26M | $214.57M |
FMR | 2.87M | $188.82M |
Zeke Capital Advisors | 2.7M | $177.71M |
Ariel Investments | 2.63M | $172.97M |
IVZ Invesco | 2.38M | $156.72M |
STT State Street | 2.19M | $144.37M |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Avg
|
New words:
banquet, constitute, energy, es, exceeded, large, mandated, marked, recalculate, referenced, regional, restaurant, rounding, slightly, slower, Stardust, stop, stringent, ticketed, unissued, unrated, unrounded, writedown
Removed:
audited, brokerage, expenditure, iGaming, positioned, ranging
Financial reports
Current reports
8-K
Boyd Gaming Reports Second-quarter 2022 Results
26 Jul 22
8-K
Other Events
1 Jun 22
8-K
Other Events
20 May 22
8-K
Departure of Directors or Certain Officers
9 May 22
8-K
Boyd Gaming Reports First-quarter 2022 Results
26 Apr 22
8-K
Boyd Gaming to Acquire Pala Interactive
28 Mar 22
8-K
Departure of Directors or Certain Officers
11 Mar 22
8-K
Entry into a Material Definitive Agreement
2 Mar 22
8-K
Boyd Gaming Reports Fourth-quarter, Full-year 2021 Results
3 Feb 22
8-K
Other Events
5 Nov 21
Registration and prospectus
S-8
Registration of securities for employees
29 Sep 20
S-4/A
Registration of securities issued in business combination transactions (amended)
27 Dec 16
S-4
Registration of securities issued in business combination transactions
19 Dec 16
424B5
Prospectus supplement for primary offering
7 May 15
424B5
Prospectus supplement for primary offering
6 May 15
FWP
Free writing prospectus
6 May 15
Other
UPLOAD
Letter from SEC
2 Jun 21
CORRESP
Correspondence with SEC
26 May 21
UPLOAD
Letter from SEC
19 May 21
EFFECT
Notice of effectiveness
16 Jul 20
CORRESP
Correspondence with SEC
12 Jul 20
CORRESP
Correspondence with SEC
12 Jul 20
UPLOAD
Letter from SEC
12 Jul 20
EFFECT
Notice of effectiveness
12 Jul 18
CORRESP
Correspondence with SEC
8 Jul 18
UPLOAD
Letter from SEC
4 Jul 18
Ownership
SC 13D/A
BOYD GAMING / BOYD WILLIAM S ownership change
17 Jun 22
SC 13D/A
BOYD GAMING / JOHNSON MARIANNE BOYD ownership change
17 Jun 22
4
BOYD GAMING / KEITH SMITH ownership change
8 Jun 22
4
BOYD GAMING / WILLIAM R BOYD ownership change
6 Jun 22
4
BOYD GAMING / MARIANNE BOYD JOHNSON ownership change
27 May 22
4
BOYD GAMING / WILLIAM R BOYD ownership change
19 May 22
4
BOYD GAMING / John Robert Bailey ownership change
9 May 22
4
BOYD GAMING / A. Randall Thoman ownership change
9 May 22
4
BOYD GAMING / PAUL W WHETSELL ownership change
9 May 22
4
BOYD GAMING / CHRISTINE J. SPADAFOR ownership change
9 May 22
Transcripts
2022 Q2
Earnings call transcript
26 Jul 22
2022 Q1
Earnings call transcript
26 Apr 22
2021 Q4
Earnings call transcript
4 Feb 22
2021 Q3
Earnings call transcript
27 Oct 21
2021 Q2
Earnings call transcript
28 Jul 21
2021 Q1
Earnings call transcript
28 Apr 21
2020 Q4
Earnings call transcript
17 Feb 21
2020 Q3
Earnings call transcript
26 Oct 20
2020 Q2
Earnings call transcript
28 Jul 20
2020 Q1
Earnings call transcript
28 Apr 20
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