Boyd Gaming Sells Former Eastside Cannery Property for $28.8 Million Ahead of Residential Development
Boyd Gaming has sold its former Eastside Cannery site in the eastern Las Vegas Valley for $28.8 million, incurring a loss from its original $45 million purchase in early 2025. The 29.5-acre property was acquired by a New York land-banking firm, which has optioned it to Lennar Corp. for the development of a 279-lot residential subdivision, including homes, parks, and trails, following Clark County approval. This move by Boyd Gaming demonstrates a trend of operators converting former casino sites into residential areas through land bankers, accepting losses to free up capital and facilitate local housing development.
Boyd Gaming stock hits 52-week low at 69.81 USD
Boyd Gaming Corp's stock has fallen to a 52-week low of $69.81, representing a 19.6% decline over the past year. Despite its low P/E ratio and being identified as undervalued by InvestingPro, with the RSI suggesting it's oversold, the company recently missed revenue forecasts while slightly beating adjusted earnings expectations. Analysts have adjusted price targets, reflecting varied performance within the company and the broader casino industry.
Boyd Gaming stock hits 52-week low at 69.81 USD By Investing.com
Boyd Gaming Corp's stock has dropped to a 52-week low of $69.81, representing a 19.6% decline over the past year. Despite market concerns, InvestingPro analysis suggests the stock is undervalued with a P/E ratio of 3.04 and its RSI indicates it's in oversold territory, potentially signaling a rebound. The company recently surpassed Q2 earnings expectations but missed revenue forecasts, with analysts like Mizuho and Stifel adjusting price targets based on varied performance in the gaming sector.
Boyd Gaming Loses Big On Land Sale To Homebuilders - Poker News
Boyd Gaming sold the former Eastside Cannery Casino site in Las Vegas for $28.8 million, incurring a $16.2 million loss after purchasing it for $45 million in 2025. The 29.5-acre property will be developed into a subdivision of 279 single-family homes. This sale is part of a trend of recent land and casino deals in Las Vegas, including MGM Resorts' "asset-light" strategy and the reopening of Club Fortune Casino North.
Boyd Gaming Closes $28.8 Million Sale of Former Eastside Cannery Site for Residential Subdivision
Boyd Gaming Corp. has sold the former Eastside Cannery property for $28.8 million to a New York investment firm, which then granted Lennar an option to acquire the land for a 279-lot residential subdivision. This sale concludes the redevelopment cycle for the site, which was demolished less than 20 years after its opening. The transaction price was lower than Boyd Gaming's original acquisition cost of $45 million.
Boyd Gaming sells former Eastside Cannery site for $28.8 million
Boyd Gaming Corp. has sold the former Eastside Cannery property in the eastern Las Vegas Valley for $28.8 million. The sale follows approval for a 279-lot residential subdivision on the 29.5-acre site. The transaction involved an investment firm acting as a land banker, which granted homebuilding giant Lennar Corp. an option to acquire the property for the development of two-story single-family homes.
Boyd Gaming sells former Las Vegas casino site for nearly $29M
Boyd Gaming Corp. has sold the former Eastside Cannery casino site in Las Vegas for $28.8 million to a New York investment firm. This sale occurred after a homebuilder secured approvals for a new 279-lot housing subdivision on the property. The investment firm simultaneously granted an option to homebuilding giant Lennar Corp. to acquire the land, with the sale closing on September 10.
Bank of America Corp DE Takes Position in Boyd Gaming Corporation $BYD
Bank of America Corp DE has acquired a significant new position in Boyd Gaming Corporation, purchasing 792,968 shares valued at approximately $70 million, representing a 1.09% stake in the company. Boyd Gaming reported strong Q2 earnings with EPS of $1.93, exceeding estimates, and declared a quarterly dividend of $0.20 per share. Despite a consensus "Hold" rating from analysts, several institutional investors have recently increased their holdings in the gaming company.
Boyd Gaming stock hits 52-week low at 74.74 USD By Investing.com
Boyd Gaming (BYD) stock recently hit a 52-week low of $74.74, representing a 10.01% decline over the past year. Despite this, InvestingPro analysis suggests the company is significantly undervalued with a P/E ratio of 3.23, and management is aggressively buying back shares. Recent Q2 earnings showed adjusted EPS slightly above expectations, though revenue missed, and analysts like Mizuho and Stifel have maintained price targets based on strong margins and local demand.
Boyd Gaming stock hits 52-week low at 74.74 USD
Boyd Gaming (NYSE: BYD) stock has hit a new 52-week low of $74.74, representing a 10.01% decline over the past year. Despite this, InvestingPro analysis suggests the company is significantly undervalued with a P/E ratio of 3.23, and management is actively buying back shares, indicating insider confidence. Recent earnings slightly surpassed expectations, though revenue missed forecasts, with strong margins and local demand supporting performance.
14,450 Shares in Boyd Gaming Corporation $BYD Bought by VIRGINIA RETIREMENT SYSTEMS ET Al
Virginia Retirement Systems purchased 14,450 shares of Boyd Gaming (NYSE:BYD) worth $1.28 million in the second quarter. Other institutional investors also adjusted their holdings, with 76.81% of the stock currently owned by institutions. Boyd Gaming reported strong quarterly earnings and declared a quarterly dividend, while analysts maintain a "Hold" rating with an average target price of $94.69.
Boyd Gaming stock hits 52-week low at 75.82 USD By Investing.com
Boyd Gaming Corp's stock has hit a 52-week low at $75.82, representing a 10.26% decline over the past year. Despite this, InvestingPro analysis suggests the stock is undervalued with a low P/E ratio of 3.31, and management is actively buying back shares. The company recently reported mixed second-quarter earnings, slightly exceeding EPS expectations but missing revenue forecasts, while analysts like Mizuho and Stifel adjusted price targets.
Boyd Gaming stock hits 52-week low at 75.82 USD By Investing.com
Boyd Gaming (BYD) stock has fallen to a new 52-week low of $75.82, representing a 1-year decline of 10.26%. Despite this, the company's P/E ratio is 3.31, and InvestingPro analysis suggests it is undervalued. Recent Q2 earnings showed adjusted EPS of $1.93, exceeding expectations, while revenue of $1.03 billion slightly missed forecasts, though strong margins and local demand persist, leading Mizuho to raise its price target.
Boyd Gaming stock hits 52-week low at 75.82 USD By Investing.com
Boyd Gaming Corp's stock has dropped to a 52-week low of $75.82, representing a 1-year decline of 10.26%. Despite this, the company's P/E ratio of 3.31 suggests it may be undervalued, and management has been actively buying back shares. The gaming and hospitality sector faces challenges, but Boyd Gaming reported Q2 earnings that slightly beat expectations, leading Mizuho to raise its price target to $104.
Virginia: Norfolk casino construction near Harbor Park remains on track for 2027 opening
Construction on Norfolk's $750 million casino resort near Harbor Park is progressing rapidly and remains on track for a 2027 opening. The development, spearheaded by stakeholders including Boyd Gaming, is transforming the city's skyline and is expected to become a major entertainment destination. It will add gaming, hospitality, and event spaces to Norfolk's waterfront district.
Public Employees Retirement System of Ohio Invests $1.28 Million in Boyd Gaming Corporation $BYD
The Public Employees Retirement System of Ohio recently invested $1.28 million in Boyd Gaming Corporation, acquiring 14,548 shares during the second quarter. This move is part of broader institutional interest, with other major investors also adjusting their stakes in the company. Despite insider selling by CFO Josh Hirsberg, analysts maintain a generally "Hold" rating on Boyd Gaming, with an average price target of $94.69.
Empowered Funds LLC Purchases New Position in Boyd Gaming Corporation $BYD
Empowered Funds LLC has acquired a new position in Boyd Gaming Corporation, purchasing 28,946 shares valued at approximately $2.56 million in the second quarter. Institutional investors now own 76.81% of BYD, while analysts maintain a "Hold" rating with an average price target of $94.69. Boyd Gaming also reported strong quarterly earnings, exceeding EPS estimates, and declared a quarterly dividend of $0.20 per share.
Winners And Losers Of Q2: Boyd Gaming (NYSE:BYD) Vs The Rest Of The Consumer Discretionary - Casino Operator Stocks
This article analyzes the Q2 performance of Boyd Gaming (NYSE:BYD) and other casino operators within the consumer discretionary sector. While Boyd Gaming's revenues were flat and in line with expectations, its stock declined post-earnings. The sector as a whole experienced mixed results, with Wynn Resorts (NASDAQ:WYNN) showing the fastest revenue growth and Caesars Entertainment (NASDAQ:CZR) having a softer quarter due to missed EPS and EBITDA estimates.
Boyd Gaming stock hits 52-week low at 76.33 USD By Investing.com
Boyd Gaming Corporation's stock has dropped to a 52-week low of $76.33, with InvestingPro analysis suggesting it is undervalued. Despite a recent decline of 10.8% over the past year, the company slightly surpassed Q2 earnings expectations, though revenue missed forecasts. Analysts from Mizuho and Stifel have adjusted price targets, noting stable performance in key segments.
456,031 Shares in Boyd Gaming Corporation $BYD Acquired by Bank of New York Mellon Corp
Bank of New York Mellon Corp recently acquired 456,031 shares of Boyd Gaming Corporation, valued at approximately $40.3 million, giving it a 0.63% stake in the company. Institutional investors collectively own 76.81% of Boyd Gaming, which has exceeded quarterly earnings expectations. Despite analysts maintaining a "Hold" rating, insiders have been net sellers, with the CEO and CFO selling significant shares.
Freestone Grove Partners LP Invests $3.44 Million in Boyd Gaming Corporation $BYD
Freestone Grove Partners LP has acquired a new stake of 38,914 shares in Boyd Gaming Corporation (NYSE:BYD) worth approximately $3.44 million. This investment comes amidst mixed analyst ratings, with an average "Hold" and a price target of $94.69, and recent insider selling totaling $9.74 million from the CEO and CFO. Boyd Gaming recently exceeded EPS estimates but slightly missed revenue expectations, and the company announced a quarterly dividend of $0.20 per share.
Boyd Gaming director Marianne Johnson sells $984 in shares
Boyd Gaming director Marianne Johnson sold 12 shares of the company's common stock for $984 on August 24, 2026. This transaction occurred while the stock was trading near its 52-week low. Despite the insider sale, InvestingPro data suggests Boyd Gaming is undervalued, and recent earnings reports indicate strong performance in its Locals segment, leading analysts to adjust price targets positively.
Boyd Gaming Director Marianne Boyd Johnson Sells 12 Shares of Common Stock at $82 Each
Boyd Gaming Director Marianne Boyd Johnson sold 12 shares of the company's common stock at $82.00 per share on August 24, 2026. This transaction was disclosed in a Form 4 filed with the SEC. Following the sale, Johnson directly owns 39,088 shares and holds significant indirect ownership through various trusts and entities.
Boyd Gaming (BYD) Q3 2025 Earnings: Results, Market Reaction & History
Boyd Gaming (BYD) reported strong Q3 2025 earnings, beating both EPS and revenue estimates, largely driven by a significant $1.40 billion after-tax gain from the sale of its equity interest in FanDuel. The company also highlighted improved performance in its Midwest and South segment, growth in online casino gaming, and continued share buyback activity. Despite a one-time gain, the underlying business remained steady, with adjusted earnings matching the previous year.
Bamco Inc. NY Makes New $41.18 Million Investment in Boyd Gaming Corporation $BYD
Bamco Inc. NY has acquired a new stake in Boyd Gaming Corporation (NYSE:BYD), purchasing 466,256 shares valued at approximately $41.18 million, representing a 0.64% ownership. Other institutional investors have also adjusted their holdings, with institutional investors and hedge funds collectively owning 76.81% of the company. Boyd Gaming recently reported strong quarterly earnings and declared a quarterly dividend, while analysts maintain a consensus "Hold" rating with an average price target of $94.69.
Boyd Gaming chair plans sale of 12 shares worth $979 | BYD SEC Filing - Form 144
Boyd Gaming (NYSE: BYD) Chairman of the Board, Marianne Boyd Johnson, has filed a Form 144 notice indicating a potential sale of 12 shares of the company's common stock through LPL Financial. The aggregate market value of these shares is stated as $978.71, with 72,000,000 shares outstanding. The filing also notes that 2,429 shares were awarded to her as RSUs on February 22, 2026, which are identified as securities to be sold under Rule 144, with an approximate sale date of August 24, 2026.
Boyd Gaming Corporation (NYSE:BYD) Given Average Rating of "Hold" by Analysts
Analysts have given Boyd Gaming Corporation (NYSE:BYD) an average "Hold" rating, with a consensus 12-month price target of $94.69, exceeding its current share price of $80.85. The company recently surpassed earnings expectations, reporting adjusted EPS of $1.93 against a $1.89 estimate, though revenue slightly missed forecasts at $1.03 billion. Insider selling by CEO Keith Smith and CFO Josh Hirsberg was noted, while institutional ownership remains high at 76.81%, with BlackRock and Bank of America increasing their stakes.
COHEN & STEERS, INC. Expands Boyd Gaming Corp (BYD) Stake -- Shares Look 11% Undervalued on GF Value
COHEN & STEERS, INC. significantly increased its stake in Boyd Gaming Corp (BYD) on June 30, 2026, purchasing over 3.8 million shares and making BYD a notable part of its portfolio. Despite paying a premium at the time of transaction, the stock is currently classified as "Modestly Undervalued" by GuruFocus, with an estimated potential upside of 12.4%. Boyd Gaming exhibits strong profitability, solid growth, and a safe financial standing, making it an attractive investment in the gaming and hospitality sector.
Boyd Gaming Reportedly Eyes Bally’s Troubled Tropicana Vegas Redevelopment
Boyd Gaming has reportedly emerged as a potential buyer for Bally's struggling Tropicana redevelopment site in Las Vegas, a project facing significant financial and construction challenges. This news follows Bally's recent solvency warning in an SEC filing and a re-phasing of the Tropicana project by Clark County, indicating a complex deal involving union agreements and revenue-sharing. While Bally's denies sale rumors, the timing aligns with their financial difficulties, suggesting a possible asset sale to avoid default.
Meeder Asset Management Inc. Buys Shares of 22,074 Boyd Gaming Corporation $BYD
Meeder Asset Management Inc. recently acquired 22,074 shares of Boyd Gaming Corporation (NYSE:BYD), valued at approximately $1.95 million, making them one of several institutional investors to adjust their holdings in the company. Despite insider selling by CEO Keith Smith and CFO Josh Hirsberg, the company has seen positive developments including exceeding quarterly EPS expectations, authorizing a $500 million share-repurchase plan, and declaring a quarterly dividend of $0.20 per share. Analysts generally maintain a "Hold" rating for Boyd Gaming with an average price target of $94.69.
Foster & Motley Inc. Purchases Shares of 102,878 Boyd Gaming Corporation $BYD
Foster & Motley Inc. acquired 102,878 shares of Boyd Gaming Corporation, valued at approximately $9.1 million, during the second quarter. Boyd Gaming reported strong Q2 earnings, surpassing analyst estimates, and announced a quarterly dividend of $0.20 per share, alongside a $500 million stock repurchase authorization. Despite recent insider share sales, institutional investors own a significant portion of the company, and analysts maintain a "Hold" rating with an average price target of $94.69.
Cohen & Steers (BYD) group discloses 8.47% Boyd Gaming ownership in 13G
Cohen & Steers and its affiliates have reported an 8.47% passive ownership stake in Boyd Gaming Corp (BYD) common stock through a SCHEDULE 13G filing. This group, which includes several investment adviser subsidiaries, beneficially owns 6,295,869 shares, with Cohen & Steers Capital Management, Inc. holding the largest portion. The shares are held for the benefit of underlying account holders who are entitled to dividends and sale proceeds.
Boyd Gaming Sets Oct. 15 Payment for $0.20 Cash Dividend
Boyd Gaming (NYSE: BYD) announced a quarterly cash dividend of $0.20 per share, payable on October 15, 2026, to shareholders of record as of September 15, 2026. The announcement on August 13, 2026, resulted in a mild positive market reaction for BYD, which gained 1.06% in the session. Boyd Gaming, founded in 1975, operates 26 gaming entertainment properties across 11 states and also manages a tribal casino and Boyd Interactive.
Boyd Gaming declares $0.20 quarterly dividend
Boyd Gaming Corporation announced a quarterly cash dividend of $0.20 per share, payable on October 15, 2026, to shareholders of record by September 15, 2026. The company operates 26 gaming entertainment properties across 11 states. This declaration was made by its Board of Directors.
Bank of America Corp DE Purchases 46,146 Shares of Boyd Gaming Corporation $BYD
Bank of America Corp DE increased its stake in Boyd Gaming Corporation by 8.8% in the first quarter, acquiring an additional 46,146 shares, bringing its total holdings to 569,427 shares valued at approximately $46.8 million. Institutional investors now collectively own 76.81% of Boyd Gaming, which has an average "Hold" rating and a price target of $94.69 from analysts. The company recently exceeded EPS estimates and authorized a $500 million share repurchase program, despite recent share sales by its CFO and CEO.
Pacer Advisors Inc. Sells 189,885 Shares of Boyd Gaming Corporation $BYD
Pacer Advisors Inc. significantly reduced its stake in Boyd Gaming Corporation (NYSE:BYD) by selling 189,885 shares, a 91.1% cut, retaining 18,491 shares. Despite this, several other major institutions increased their holdings in Boyd Gaming. The company reported strong Q1 earnings, beating analyst expectations, and authorized a $500 million share repurchase program, though analyst sentiment remains cautious with a consensus "Hold" rating.
Amundi Decreases Stock Holdings in Boyd Gaming Corporation $BYD
Amundi reduced its stake in Boyd Gaming Corporation by 35.4% in the first quarter, selling 16,481 shares and retaining 30,111 shares valued at $2.48 million. Despite mixed analyst ratings, with a consensus "Hold" and an average price target of $94.69, Boyd Gaming exceeded quarterly earnings expectations with an EPS of $1.93 and revenue of $1.03 billion. The company also authorized a $500 million share repurchase program, though its CEO and CFO recently sold shares.
Boyd Gaming Corp (BYD) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Boyd Gaming Corp (BYD), highlighting its current earnings forecast score of 7.05 and ranking within the Hotels & Entertainment Services industry. It details analyst ratings, price targets, expected revenue, and past and future EPS estimates, with most analysts recommending a "Buy" for the stock.
Boyd Gaming Corp (BYD) Stock News Today
This page provides current stock information for Boyd Gaming Corp (BYD), including its stock price, market cap, and P/E ratio. It indicates that more news will be available soon and offers sections for financial data, stock scores, technical forecasts, ownership, dividends, and company profile.
Can Boyd Gaming's Raised Segment Outlook Offset Las Vegas Weakness?
Boyd Gaming Corporation (BYD) has increased its 2026 outlook for its Managed and Online businesses, driven by improved contributions from Sky River Casino and Boyd Interactive. This positive outlook provides earnings support amidst ongoing weakness in its Las Vegas operations and renovation disruptions. The article questions whether these stronger segments can effectively counteract the pressures from its Las Vegas market.
Sanctuary Advisors LLC Lowers Position in Boyd Gaming Corporation $BYD
Sanctuary Advisors LLC significantly reduced its stake in Boyd Gaming Corporation (NYSE:BYD) during the first quarter, selling 17,082 shares and retaining 2,663 shares valued at $219,000. Despite this reduction, other institutional investors have adjusted their positions, and the company reported exceeding EPS estimates while revenue was slightly below expectations. Analysts currently maintain a consensus "Hold" rating with an average price target of $94.69, and Boyd Gaming has also initiated a $500 million share buyback program.
Glenmede Trust Co. NA Lowers Stock Position in Boyd Gaming Corporation $BYD
Glenmede Trust Co. NA decreased its stake in Boyd Gaming Corporation (NYSE:BYD) by 10.3% in the first quarter, selling 19,000 shares and now owning 165,034 shares valued at $13.56 million. Other institutional investors have also adjusted their positions, with notable increases from Advisors Asset Management Inc. and Amundi, and new stakes by Caxton Associates LLP and M&T Bank Corp. Insider transactions show CFO Josh Hirsberg and Chairman Marianne Boyd Johnson selling significant amounts of company stock.
Bally's Corporation Completes Acquisition of Sam's Town Shreveport
Bally's Corporation has completed its acquisition of Sam's Town Shreveport from Boyd Gaming, further expanding its regional gaming portfolio and reinforcing its commitment to the Shreveport-Bossier market. The property will soon be rebranded under the Bally's name. This move is expected to create new entertainment, dining, and retail experiences, benefiting the local community and economy.
BOYD GAMING CORP 2026: Revenue $1.03B, EPS $1.75— 10-Q Summary
BOYD GAMING CORP (BYD) reported its 2026 quarterly results with flat revenue year-over-year at $1.03 billion, while net income decreased by 13.4% to $131.23 million, and diluted EPS fell by 4.9% to $1.75. The company highlighted modest gaming strength, a decline in online revenue due to terminated market access agreements, and ongoing capital projects including new facility openings and renovations.
Boyd Gaming Corp (BYD) Financial Health: Profitability & Balance Sheet Analysis
Boyd Gaming Corp (BYD) has a current financial score of 7.72, ranking 48 out of 119 in its industry, indicating stable financial health and average operating efficiency. The company's latest quarterly revenue increased by 0.04% year-over-year to $1.03 billion, with net profit rising by 13.35% in the same period. Key financial indicators like quality of earnings, operational efficiency, and growth potential scored above 7.8, while shareholder returns were rated at 6.64.
Boyd Gaming Corp (BYD) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Boyd Gaming Corp (BYD), detailing its current price momentum score, support and resistance levels, and indicator readings. It breaks down various technical indicators like MACD, RSI, and Moving Averages, offering buy, sell, or neutral signals. The document also includes an FAQ section explaining key technical analysis concepts.
Boyd Gaming Number of Employees 2026 | Employee Count & Headcount Data
Boyd Gaming Corp. had approximately 16,077 total employees worldwide as of March 2026, marking a 0.6% growth since 2023. The company is actively hiring, with 1,216 active job postings in 2026, despite a 7.4% decline from 2025. Most of its workforce is concentrated in the United States, and the largest functional groups are Finance and Operations, Engineering, and Sales and Marketing.
Boyd Gaming Corp (BYD) Risk Assessment: Volatility, Financial Risk & Investment Risk
Boyd Gaming Corp (BYD) has a risk assessment score of 9.14, ranking 13th out of 119 in the Hotels & Entertainment Services industry. The company's beta of 1.10 indicates higher volatility compared to the S&P 500. Key metrics like maximum drawdown, volatility, and various return ratios are provided, showing its historical performance and risk characteristics.
Quantinno Capital Management LP Raises Holdings in Boyd Gaming Corporation $BYD
Quantinno Capital Management LP increased its stake in Boyd Gaming Corporation by 18.2% in the first quarter, now holding 925,070 shares valued at approximately $76 million. Other institutional investors also adjusted their positions, with hedge funds and institutions collectively owning 76.81% of the stock. Despite insider sales totaling over $18 million in the last three months, analysts maintain a "Hold" rating with an average price target of $94.69, following the company's recent earnings beat and share repurchase authorization.
Josh Hirsberg Sells 12,777 Shares of Boyd Gaming (NYSE:BYD) Stock
Boyd Gaming's CFO, Josh Hirsberg, sold 12,777 shares of the company's stock for approximately $1.15 million, reducing his direct ownership by 2.93%. This transaction follows Boyd Gaming's strong quarterly earnings, where it beat analyst EPS estimates, and the authorization of a $500 million share repurchase program. The stock is trading near its 52-week high, and institutional investors hold a significant stake, while analysts maintain a consensus "Hold" rating.
