Boyd Gaming (BYD) Projected to Release Earnings on Thursday

Boyd Gaming (NYSE:BYD) is anticipated to release its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect Boyd Gaming to post earnings of $1.67 per share and revenue of $1.00 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:00 PM ET.

Boyd Gaming (NYSE:BYD) last issued its earnings results on Thursday, July 23rd. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.04. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.04 billion. Boyd Gaming had a net margin of 44.34% and a return on equity of 22.52%. The company’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter last year, the business posted $1.87 earnings per share. On average, analysts expect Boyd Gaming to post $7.11 EPS for the current fiscal year and $7.71 EPS for the next fiscal year.

Boyd Gaming Stock Performance

NYSE BYD opened at $71.65 on Wednesday. The firm’s fifty day moving average price is $74.91 and its two-hundred day moving average price is $81.84. The stock has a market cap of $5.21 billion, a PE ratio of 3.15, a PEG ratio of 1.26 and a beta of 1.12. Boyd Gaming has a fifty-two week low of $65.00 and a fifty-two week high of $91.41. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.74 and a current ratio of 0.77.

Boyd Gaming Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 15th. Boyd Gaming’s dividend payout ratio is presently 3.52%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on BYD shares. Barclays reduced their price objective on Boyd Gaming from $87.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Friday, October 9th. Stifel Nicolaus lifted their price target on Boyd Gaming from $91.00 to $92.00 and gave the company a “hold” rating in a research note on Friday, July 24th. Susquehanna upgraded Boyd Gaming from a “neutral” rating to a “positive” rating and reduced their price target for the stock from $87.00 to $83.00 in a report on Monday. Weiss Ratings raised Boyd Gaming from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 14th. Finally, Citigroup reiterated a “market perform” rating on shares of Boyd Gaming in a report on Tuesday, October 13th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $90.93.

Key Stories Impacting Boyd Gaming

Here are the key news stories impacting Boyd Gaming this week:

• Positive Sentiment: Susquehanna upgraded Boyd Gaming to “Positive” and set an $83 price target. Although the target was reduced from $87, the upgrade signals improving confidence in the stock and still implies meaningful upside from recent trading levels. Susquehanna upgrades Boyd Gaming stock to Positive with USD 83 target
• Positive Sentiment: Morgan Stanley raised its rating to “Overweight” from “Equal-weight,” citing positive catalysts for Boyd Gaming. The upgrade prompted favorable market attention and reinforces the view that the shares may be undervalued. Morgan Stanley upgrades Boyd Gaming to overweight
• Positive Sentiment: Truist lowered its price target to $100 from $110 but maintained a “Buy” rating. Despite the target reduction, the revised target still represents substantial potential upside, keeping the firm’s overall stance bullish.

Insider Activity at Boyd Gaming

In related news, CFO Josh Hirsberg sold 12,777 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $89.76, for a total value of $1,146,863.52. Following the sale, the chief financial officer owned 422,969 shares of the company’s stock, valued at $37,965,697.44. The trade was a 2.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 22.82% of the company’s stock.

About Boyd Gaming

Boyd Gaming Corporation is a gaming and hospitality company headquartered in Las Vegas, Nevada. The company owns and operates casinos, hotels, restaurants, entertainment venues and related amenities under brands including Sam’s Town, The Orleans, Gold Coast, Suncoast and Fremont.

Boyd Gaming serves customers across several U.S. states, with a significant presence in Nevada as well as properties in the Midwest and South. Its portfolio includes destination resorts, regional casinos and racetracks offering slot machines, table games, poker, sports betting and other gaming experiences.

The company also operates online gaming and sports-wagering businesses in selected markets, including through partnerships and digital platforms.