Boyd Gaming (BYD)
NYSEConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-09-04
$78.02+0.30%
Close 2026-09-04 · 1-day change
NYSEConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-09-04
QuarterlyIQ Insights · BYD
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -12.1% |
| Our one-year growth estimate | diamond | 1.7% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 13.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 15 industry peers
BYD — dividend update
Dated 2026-08-13
Other Events. On August 13, 2026, the Board of Directors of Boyd Gaming Corporation declared a cash dividend of $0.20 per share, payable October 15, 2026, to shareholders of record on September 15, 2026. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 13, 2026 BOYD GAMING CORPORATION By: /s/ Lori M. Nelson Lori M. Nelson Senior Vice P…
Why it matters: Strong growth in online sales would help Boyd's varied business and growth plan.
Supportive ifOnline segment revenue growth exceeds 10% year over year.
Worry ifOnline segment revenue growth is below 0% year over year.
Why it matters: Negative growth would challenge Boyd's goal of maintaining consistent revenue growth. It may signal weakness in key segments.
Worry ifQ3 revenue was below $1.03 billion. This shows a decline from last year.
Less concerning ifQ3 revenue was over $1.03 billion. This shows stable or positive growth.
Why it matters: News on dividends and share buybacks will show Boyd's commitment to investors.
Supportive ifThere may be a dividend increase or big share buyback in Q3.
Worry ifNo new announcements on dividends or share repurchases in Q3.
Why it matters: Stable or falling revenue growth shows it may be hard to keep performance steady.
Worry ifQ2 revenue growth shows year-over-year increase of less than 1% or declines.
Less concerning ifQ2 revenue growth exceeds 2% year-over-year.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$106 on $10,000 · ±1.1% | How much price usually moves either way. |
| Bad day | $242 loss on $10,000 · 2.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,629 loss on $10,000 · 16.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: More share buybacks show strong cash flow. It also shows a commitment to giving value to shareholders.
Supportive ifShare repurchases exceed $200 million in 2026.
Worry ifShare repurchases total less than $200 million in 2026.
Why it matters: Ongoing share buybacks show strong spending and a promise to give value to shareholders.
Supportive ifShare repurchases exceed $150 million in Q3.
Worry ifShare repurchases fall below $100 million in Q3.
Why it matters: A rise in operating income would mean Boyd is making more money. This is a goal for management.
Supportive ifOperating income in Q3 is over $200 million.
Worry ifOperating income in Q3 falls below $164 million.
Why it matters: This would show Boyd can keep making more money. This is a key goal for management.
Supportive ifQ3 revenue growth exceeds 2% year over year.
Worry ifQ3 revenue growth is below 0% year over year.
Why it matters: Updates on cash flow will show if Boyd can fund growth and pay shareholders.
Watch forManagement says cash flow from operations is up from earlier quarters.
Also watch forManagement says cash flow from operations is down from earlier quarters.
Why it matters: The dividend announcement shows that Boyd wants to give money back to shareholders.
Supportive ifThe dividend increases from $0.20 per share as declared on May 7, 2026.
Worry ifThe dividend remains unchanged or decreases from $0.20 per share.