Citigroup has initiated coverage on Boyd Gaming Corp (BYD) with a Neutral rating as of November 20, 2025. This marks the firm's first assessment of the company's investment potential, reflecting its analysis of Boyd's operations within the competitive landscape of the gaming industry.
Headquartered in Las Vegas, Nevada, Boyd Gaming Corp operates over 28 gaming entertainment properties across 10 states. The company employs 16,129 full-time staff and engages in various segments, including Las Vegas Locals and Online gaming. As of the latest data, Boyd's market capitalisation stands at $6.2 billion, with a trailing P/E ratio of 3.32 and an impressive dividend yield of 91.6%.
The upcoming earnings report is scheduled for July 22, 2026, with an estimated EPS of $1.97 and projected revenue of $1.0 billion. Analyst consensus currently indicates a Buy rating, with 4 Strong Buy, 6 Buy, 9 Hold, and no Sell ratings among 19 total analysts.
Analyst ratings and price targets serve as professional opinions based on extensive research and financial modelling. While they provide valuable insights, these assessments are based on assumptions that may not always materialise. Investors are encouraged to consider a range of factors, including company fundamentals and industry trends, when making decisions. Analyst views should be treated as one of many inputs into the investment process.