3 Reasons GDEN is Risky and 1 Stock to Buy Instead
This article evaluates Golden Entertainment (GDEN), arguing it is a risky investment despite a recent stock run-up. The author cites declining revenue, mediocre free cash flow margins, and decreasing Return on Invested Capital (ROIC) as primary concerns. Instead, the author suggests investing in a top digital advertising platform or exploring "High Quality stocks" with strong momentum for better opportunities.
(GDEN) Movement Within Algorithmic Entry Frameworks
This article analyzes Golden Entertainment Inc. (NASDAQ: GDEN) using AI models, identifying a near-term strong sentiment despite neutral mid-to-long-term outlooks. It highlights an exceptional 38.5:1 risk-reward short setup and outlines three distinct institutional trading strategies: Position Trading, Momentum Breakout, and Risk Hedging. The analysis also provides multi-timeframe signal analysis with support and resistance levels.
Golden Entertainment revenues up 3.9% in Q3 2017
Golden Entertainment Inc. reported a 3.9% increase in net revenues for Q3 2017, reaching $108.3 million, and a significant 557.1% rise in net income to $8.6 million. Adjusted EBITDA also grew by 20.1% to $15 million, driven by strong performance in both distributed gaming and casino businesses. The company is also proceeding with an $850 million acquisition deal for additional Las Vegas properties.
Golden Entertainment (NASDAQ:GDEN) Sees Unusually-High Trading Volume - Here's Why
Golden Entertainment (NASDAQ:GDEN) experienced unusually-high trading volume on Friday, with approximately 388,316 shares traded, a 60% increase from the previous session. The stock closed at $27.0910, down from its prior close of $27.33. Analysts have a consensus "Hold" rating with an average price target of $32.75, but the company's fundamentals show a missed earnings estimate and a high dividend payout ratio raising sustainability concerns.
Golden Entertainment, Inc. (NASDAQ:GDEN) Receives Consensus Rating of "Hold" from Analysts
Golden Entertainment, Inc. (NASDAQ:GDEN) has received a consensus "Hold" rating from eight brokerages, with an average one-year price target of $32.75. The company's shares recently opened at $27.85, and it missed its last quarterly EPS estimate. Institutional investors and hedge funds own a significant portion of the company's stock.
How Golden Entertainment Inc. (GDEN) Affects Rotational Strategy Timing
This article analyzes Golden Entertainment Inc. (GDEN) and its implications for rotational trading strategies. Based on AI models, it discusses stable neutral readings in shorter horizons potentially signaling a weakening of long-term bearish bias, identifies an exceptional short setup, and provides details on various trading strategies—Position, Momentum Breakout, and Risk Hedging—along with multi-timeframe signal analysis.
Golden Entertainment boss is buying casino company
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Investors in Golden Entertainment (NASDAQ:GDEN) have seen notable returns of 51% over the past five years
Golden Entertainment, Inc. (NASDAQ:GDEN) investors have experienced a 51% total shareholder return over the past five years, surpassing its 34% share price rise, largely due to dividend payments. While the company became profitable during this period, recent performance saw a 9.8% total loss in the last year, compared to a 16% market gain. The article suggests that despite recent setbacks, the long-term trend merits further investigation into its fundamental data.
Golden Entertainment, Inc. (NASDAQ:GDEN) Sees Large Decrease in Short Interest
Golden Entertainment (NASDAQ:GDEN) experienced a 17.2% decrease in short interest in December, totaling 708,028 shares as of December 15th. This represents approximately 3.8% of the company's shares shorted, with a short-interest ratio of 2.2 days. The company recently announced a quarterly dividend of $0.25 per share, yielding 3.7%, but also reported missing quarterly EPS expectations.
Golden Entertainment (NASDAQ:GDEN) Rating Increased to Hold at Zacks Research
Zacks Research upgraded Golden Entertainment (NASDAQ:GDEN) from "strong sell" to "hold" in a recent report. The company missed its latest EPS and revenue estimates, but analysts have a consensus "Hold" rating and a price target of $32.60. Institutional investors have been adjusting their stakes in the company.
Golden Entertainment’s Nevada Focus Is Paying In Cash, Not Growth
Golden Entertainment, Inc. (GDEN) demonstrates strong free cash flow and shareholder returns, focusing primarily on its Nevada gaming and hospitality operations. Despite these strengths, the company faces challenges from softer Las Vegas Strip demand, thin operating margins, and higher debt levels, leading to investor caution and a lag in its share price performance compared to the broader market. The article analyzes GDEN's growth prospects, quality, moat, valuation, market sentiment, and key risks, concluding that it offers a "cash now, questions later" setup appealing to long-term investors willing to tolerate cyclical recovery risks.
Golden Entertainment (NASDAQ:GDEN) Will Pay A Dividend Of $0.25
Golden Entertainment, Inc. (NASDAQ:GDEN) will issue a $0.25 per share dividend on January 6th, resulting in a 3.5% yield. Although the dividend is covered by free cash flow, it currently exceeds profits, and projections suggest the payout ratio could reach an unsustainable 110% next year. The company has a short dividend history and despite strong EPS growth, the high payout ratio may limit future dividend increases.
Golden Entertainment (NASDAQ:GDEN) Will Pay A Dividend Of $0.25
Golden Entertainment (NASDAQ:GDEN) announced a dividend payment of $0.25 per share, resulting in a 3.5% dividend yield. However, the company's dividend payout ratio is projected to reach 110% next year, making its long-term sustainability questionable. Despite recent earnings growth, the short payment history and high payout ratio raise concerns about future dividend growth.
43,509 Shares in Golden Entertainment, Inc. $GDEN Purchased by Hsbc Holdings PLC
Hsbc Holdings PLC acquired 43,509 shares of Golden Entertainment, Inc. (NASDAQ:GDEN) during the second quarter, valued at approximately $1,277,000, representing 0.16% of the company. Other institutional investors also added to their holdings. Analyst sentiment for GDEN is mixed, with a "Hold" consensus rating and a target price of $32.60, despite recent downgrades and a missed earnings forecast.
Gamco Investors INC. ET AL Has $25.55 Million Stock Position in Golden Entertainment, Inc. $GDEN
Gamco Investors INC. ET AL has increased its stake in Golden Entertainment, Inc. (NASDAQ:GDEN) to 868,146 shares, valued at approximately $25.55 million, representing 3.32% of the company. Despite missing recent quarterly earnings and revenue expectations, Golden Entertainment offers a quarterly dividend of $0.25, yielding around 3.6%. Institutional investors hold a significant portion of the stock, and analysts currently have a consensus "Hold" rating with a target price of $32.60.
At US$27.97, Is Golden Entertainment, Inc. (NASDAQ:GDEN) Worth Looking At Closely?
Golden Entertainment, Inc. (NASDAQ:GDEN) has seen a substantial price increase recently, yet its intrinsic value of $40.32 suggests it may still be undervalued. With expected profit growth and higher cash flow in the coming years, the company presents a potential buying opportunity for investors. However, its high beta indicates price volatility, and potential investors should consider its financial health and any existing warning signs before making a decision.
Golden Entertainment, Inc. - Common Stock (Nasdaq:GDEN) Stock Quote
This article provides a stock quote and recent news for Golden Entertainment, Inc. (Nasdaq: GDEN). It details the current stock price, trading volume, price ranges, and dividend yield, along with a compilation of recent news headlines related to shareholder investigations and performance.
At US$27.97, Is Golden Entertainment, Inc. (NASDAQ:GDEN) Worth Looking At Closely?
Golden Entertainment, Inc. (NASDAQ:GDEN) has seen a significant price increase and is considered a bargain, with an intrinsic value of $40.32 against its current market valuation. The company shows strong growth potential, with expected profit doubling in the next couple of years, suggesting a potential buying opportunity for investors despite some warning signs that warrant attention before investing.
Golden Entertainment-VICI deal is latest expansion of sale-leaseback trend in Nevada
Golden Entertainment, a Las Vegas locals casino operator, has sold and leased back the real estate assets of seven southern Nevada casinos, including the STRAT Hotel, Casino & Tower, to VICI Properties for $1.16 billion. This deal marks a significant shift for Golden Entertainment, which will now be taken private by its chairman and CEO, Blake Sartini. The transaction allows VICI to expand its presence in the lucrative Las Vegas locals market, a segment that has demonstrated strong growth and stability compared to the Strip in recent years.
EVERBAY CAPITAL RELEASES FOLLOW-UP LETTER TO GOLDEN ENTERTAINMENT'S BOARD OF DIRECTORS, EXPRESSING SIGNIFICANT CONCERNS ABOUT THE ANNOUNCED TRANSACTIONS
Everbay Capital LP has issued a follow-up letter to Golden Entertainment's Board of Directors, raising serious concerns about the recently announced transactions. Everbay believes the sale price of $2.75 per share for the "RemainCo" (casino operations and tavern business) is inadequate and opportunistic, especially considering the timing after Golden's stock hit a 4-year low. The firm calls for increased transparency, an extended go-shop period, and changes to the transaction agreement to better serve Golden's unaffiliated shareholders.
Golden Entertainment Going Private, Vici Buying Three More Vegas Casinos
Golden Entertainment is going private, with its founder and CEO Blake Sartini acquiring the operating business. Vici Properties Inc. is simultaneously purchasing the real estate for seven of Golden's casino properties, including The Strat and two Arizona Charlie’s casinos in Las Vegas, for approximately $1.16 billion. This sale-leaseback deal aims to unlock value for Golden Entertainment, reduce its debt, and diversify Vici's portfolio, particularly in the Las Vegas locals market.
Golden Entertainment Stock Surged 40% Today To Trade Above 200-DMA For First Time Since July
Golden Entertainment stock surged 40% after VICI Properties announced an agreement to acquire seven casino properties for $1.16 billion, causing the stock to cross its 200-day moving average. This deal, expected to close in mid-2026, also involves VICI retiring $426 million of Golden Entertainment's debt. Despite the stock surge, Golden Entertainment reported a decline in Q3 revenue with a net loss of $4.7 million.
Latham Watkins Advises Golden Entertainment on Acquisition by Blake Sartini and Sale-Leaseback With VICI Properties
Golden Entertainment, Inc. is selling its operating assets to Blake L. Sartini and affiliates and seven casino real estate assets to VICI Properties Inc. in a sale-leaseback transaction. Latham & Watkins LLP is advising the independent committee of Golden's board of directors on this transaction, which includes a fixed exchange ratio of VICI common stock and a cash distribution for Golden stockholders, representing a significant premium. The multidisciplinary team from Latham & Watkins is providing comprehensive legal guidance on various aspects of the deal, which is expected to close in mid-2026.
News | Vici to acquire seven Nevada casino resorts, including icon on Las Vegas’ skyline
Vici Properties plans to acquire seven Nevada casino resorts from Golden Entertainment for $1.16 billion in a sale-leaseback agreement. This deal, expected to close in mid-2026, will expand Vici's presence in the Las Vegas gaming market, particularly in the local gaming segment, and diversify its real estate holdings. The prominent Strat Hotel, Casino & Tower is included in the portfolio, which features over 6,000 hotel rooms and significant casino space.
VICI Properties To Acquire Seven Golden Entertainment Casino Assets
VICI Properties Inc. (VICI) has announced an agreement to acquire the land and real estate of seven Nevada casinos from Golden Entertainment Inc. (GDEN) for $1.16 billion, expanding its presence in the Las Vegas Locals market. The acquisition includes properties like The STRAT Hotel, Casino & Tower, adding over 6,000 rooms and significant gaming space to VICI's portfolio. The deal, expected to close by mid-2026, involves VICI retiring Golden's debt and Golden shareholders receiving VICI stock.
EVERBAY CAPITAL RELEASES LETTER TO GOLDEN ENTERTAINMENT'S BOARD OF DIRECTORS
Everbay Capital LP has sent a letter to Golden Entertainment's Board of Directors, urging them to pursue a sale-leaseback of the company's casino real estate. The proposed plan suggests using the proceeds to repay debt and distribute a special dividend to shareholders, which Everbay estimates could yield a total value of at least $42 per share or 210% of the current stock price. Following this, Everbay recommends forming a special committee of independent directors to evaluate strategic alternatives for the remaining casino operations and tavern businesses.
STRAT casino-hotel owner Golden Entertainment going private in leaseback deal
Golden Entertainment, owner of The STRAT in Las Vegas, announced it will go private through a deal where its operating assets are bought by CEO Blake Sartini and its real estate assets are sold to VICI Properties Inc. in a leaseback arrangement. Shareholders are expected to approve the deal, which offers a premium over current share prices and a cash distribution. This move is anticipated to close in mid-2026, pending shareholder and regulatory approvals.
Golden Entertainment weighs sale-leasebacks, corporate merger to address low stock valuation
Golden Entertainment executives are exploring strategic alternatives, including sale-leasebacks of properties like The Strat and a corporate merger, to address the company's low stock valuation. The company aims to unlock value from its real estate holdings and improve its overall market perception, despite reporting lower net income and revenue in Q3 attributed to asset divestment and challenging economic conditions.
Discipline and Rules-Based Execution in GDEN Response
This article provides an AI-driven analysis of Golden Entertainment Inc. (NASDAQ: GDEN), highlighting a potential shift from mid and long-term weakness to near-term strong sentiment. It details various institutional trading strategies (Position, Momentum Breakout, Risk Hedging) and multi-timeframe signal analysis, noting an exceptional 50.0:1 risk-reward setup targeting a 14.1% gain versus 0.3% risk. The report emphasizes the current weak sentiment but points to specific entry, target, and stop-loss levels.
Crews work overnight to repair 18-inch water line break affecting Laughlin casinos - KSNV
Crews are working overnight to repair an 18-inch main water line break on Casino Drive near the Aquarius Hotel and Casino in Laughlin. The break has caused a temporary water service interruption for casinos and other facilities along the Casino Drive corridor. Repairs are expected to continue through the night until service is fully restored.
Golden Entertainment to Report 2025 Third Quarter Results on November 6 and Host Conference Call and Webcast - TradingView
Golden Entertainment, Inc. (NASDAQ:GDEN) announced that it will release its 2025 third-quarter financial results on November 6, 2025, after market close. The company will also host a conference call and simultaneous webcast to discuss the results, which will be open to the public. Details for accessing both the conference call and webcast have been provided for investors and interested parties.
Golden Entertainment to Report 2025 Third Quarter Results on November 6 and Host Conference Call and Webcast - Yahoo Finance
Golden Entertainment announced it will release its 2025 third-quarter financial results on November 6, 2025, after market close. The company will also host a conference call and webcast to discuss these results. Golden Entertainment operates a diversified entertainment platform including casinos and gaming taverns in Nevada.
The STRAT Las Vegas unveils October casino promotions
The STRAT Hotel, Casino & Tower in Las Vegas is launching various casino promotions for October, including a True Rewards New Member Pick-A-Prize Kiosk Game and Scratch & Spin Slot Play Scratch Cards. These promotions offer guests chances to win slot points, Tower admission, suite stays, and up to $500 in slot play. The STRAT is known for its tall observation tower and a recently remodeled casino floor.
STRAT struggles through rough times in Las Vegas; Golden Entertainment looks for positives
Golden Entertainment, parent company of The STRAT, reported lower Q2 revenues and earnings, with occupancy at the iconic Las Vegas tower resort dropping to 60% in June. While Laughlin properties performed well, The STRAT struggled, especially during weekdays, leading to cost-cutting measures. Executives anticipate an economic improvement by Q4 and a strong 2026, driven by events like the ConAg convention and potential tax cuts for customers.
Is Golden Entertainment (NASDAQ:GDEN) Using Too Much Debt?
Golden Entertainment, Inc. (NASDAQ:GDEN) has a significant debt load, with net debt of US$350.8m, and its interest cover is very weak at 1.4, indicating high leverage. The company's EBIT also fell 47% in the last year, raising concerns about its ability to service debt despite a decent free cash flow conversion rate. This suggests that while the company generates cash, its overall debt structure and declining earnings present risks to investors.
The STRAT unveils revamped casino and exciting promotions
The STRAT Hotel, Casino & Tower has completed a 10,371 square-foot casino remodel, featuring 750 machines and 44 tables. To celebrate, The STRAT is launching several promotions throughout August, including a "Where’s Skylar Cash Giveaway," weekly blackjack tournaments, True Rewards point multipliers, a "Labor of Love Pick-a-Prize Kiosk Game," and a "Ford and Fuel Frenzy" event where one winner will receive a Ford Bronco. The William Hill Sports Book has also been upgraded with new betting technology and a large LED screen.
Unpleasant Surprises Could Be In Store For Golden Entertainment, Inc.'s (NASDAQ:GDEN) Shares
Golden Entertainment, Inc.'s (NASDAQ:GDEN) shares might face challenges despite a P/S ratio of 1.2x, which is below the industry median of 1.6x. The company's recent revenue decline of 31% over the last year and 42% over three years is concerning, especially as analysts forecast only 2.3% revenue growth for the coming year compared to the industry's 15%. This discrepancy between the P/S ratio and growth outlook suggests potential risks for current and prospective investors.
Golden Entertainment: Buybacks, Dividends, Deleveraging = Happy Shareholders (NASDAQ:GDEN)
Golden Entertainment has significantly improved its financial position through aggressive deleveraging, asset sales, and a sharper focus on its core Nevada operations. Despite some revenue dips due to property sales and weaker demand, the company has seen better gaming margins and free cash flow, enabling shareholder returns via buybacks and dividends. With an attractive valuation, a resilient local gaming segment, and a commitment to returning capital to shareholders, GDEN is rated a 'Buy' with substantial upside potential.
Golden Entertainment: Real Estate Monetization Could Unlock Tremendous Value (NASDAQ:GDEN)
Golden Entertainment (GDEN) has experienced a slump since 2022, but new investors could benefit from its current significant discount to underlying asset value. A sweeping restructuring and real estate monetization could unlock substantial value, potentially reaching $58 per share. The author recommends GDEN as a buy, with further updates regarding asset monetization anticipated next month.
Golden Entertainment Completes Sale of Nevada Distributed Gaming Operations
Golden Entertainment, Inc. announced the completion of the sale of its Nevada Distributed Gaming Operations to an affiliate of J&J Ventures Gaming, LLC for approximately $213.5 million in cash, plus an additional $37.5 million in purchased cash. This follows the previous sale of its Montana distributed gaming operations to the same affiliate. Latham & Watkins LLP served as legal counsel for Golden Entertainment in this transaction.
The Strat executive: Focus on customer service a priority for Las Vegas resort
Skylar Dice, the new senior vice president and general manager for The Strat, emphasizes customer service and consistent identity as top priorities. He highlights recent renovations, new shows, and the resort's unique position connecting the north Strip and Arts District. Dice also discusses how Las Vegas remains a premier destination despite the spread of sports betting, focusing on unique activations and personalized guest experiences at The Strat.
Golden Entertainment Appoints New Accounting Firm
Golden Entertainment, Inc. has announced the appointment of Deloitte & Touche LLP as its new independent registered public accounting firm, effective June 19, 2024. This change follows a review process by the company's Audit Committee and replaces Ernst & Young LLP. Golden Entertainment confirmed there were no adverse opinions or disagreements with EY during previous fiscal years.
Strat operator promotes one executive, finds new role for another
Golden Entertainment announced C-suite level changes, promoting Blake Sartini II to Chief Operating Officer and moving Steve Arcana to the newly created role of Chief Development Officer. These changes are intended to focus on core operations and explore new opportunities, including developing the company's "excess" real estate in Las Vegas and Pahrump. The article details their new roles and compensation packages.
Golden Entertainment to Report 2023 Fourth Quarter and Full Year Results on February 29 and Host Conference Call and Webcast
Golden Entertainment, Inc. announced it will release its 2023 fourth quarter and full year financial results after the market closes on Thursday, February 29, 2024. The company will also host a conference call and webcast on the same day at 5:00 p.m. ET to discuss the results. Interested parties can access the call via phone or webcast, with replays available until March 7, 2024.
Golden Entertainment completes slot-route deal
Golden Entertainment announced the completion of the sale of its distributed gaming operations in Nevada to an affiliate of J&J Ventures Gaming for approximately $213.5 million cash, plus $37.5 million in purchased cash. This follows the sale of its Montana operations to J&J Gaming in September for $109 million, plus $5 million in purchased cash. Golden Entertainment will now focus on its casino and branded tavern operations, while J&J Gaming expands its national distributed gaming footprint.
|Golden Entertainment selling Nevada, Montana slot routes for $322.5M; will focus on taverns, casinos
|Golden Entertainment is selling its slot machine route operations in Nevada and Montana for $322.5 million to J&J Ventures Gaming, allowing Golden to focus on its wholly-owned casinos and taverns in Nevada. The transaction is expected to close by year-end, with J&J also managing gaming at Golden's Nevada taverns. This move positions Golden as a 100 percent Nevada-based company, potentially leading to further strategic opportunities like acquisitions or a sale of the business.
The Strat renovating ahead of Formula 1 and the Super Bowl
The Strat is undergoing a $30 million renovation project this year, ahead of major events like Formula 1 and the Super Bowl coming to Las Vegas. The renovations include 537 rooms, hallway corridors, and the pool area, aiming to enhance the resort's competitiveness. Golden Entertainment, The Strat's owner, reported over $1 billion in revenue for 2022 and anticipates continued strength in the Las Vegas market.
Golden Entertainment Enters Into Definitive Agreements to Divest Distributed Gaming Operations in Nevada and Montana
Golden Entertainment, Inc. announced definitive agreements to sell its distributed gaming operations in Nevada and Montana to J&J Ventures Gaming, LLC for a total of $322.5 million plus $39 million in estimated purchased cash. This divestiture allows Golden to focus on its casinos and taverns in Nevada. J&J Gaming will also enter into a five-year agreement to support Golden's branded tavern gaming operations in Nevada.
Control Board recommends sale of Golden’s slot machine routes
The Nevada Gaming Control Board recommended approval for Golden Entertainment's sale of its slot machine routes in Nevada and Montana to J&J Ventures Gaming for over $213.5 million. This acquisition would make J&J Ventures Gaming the largest slot route operator in the country, overseeing 25,000 slot machines across 3,500 locations in five states. Golden Entertainment plans to use the proceeds to enhance its other commercial gaming operations.
Golden Entertainment completes sale of Montana gaming operations
US casino operator Golden Entertainment has completed the sale of its distributed gaming operations in Montana to J&J Ventures Gaming for approximately $109 million in cash. This sale allows Golden Entertainment to concentrate on its casino and gaming tavern operations in Southern Nevada. J&J Ventures Gaming expands its national distributed gaming footprint by acquiring Golden Entertainment’s Montana-based business.
