How to Buy Boyd Gaming Stock
Boyd Gaming Corp
Boyd Gaming is a casino company located in Nevada, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker BYD on the NYSE exchange.
Boyd Gaming stock last closed at $64.68, down 0.22% from the previous day, and has increased 1.55% in one year. It has overperformed other stocks in the Resorts & Casinos industry by 0.27 percentage points. Boyd Gaming stock is currently +31.09% from its 52-week low of $49.34, and -19.65% from its 52-week high of $80.50.
At the moment, there are 83.75M shares of BYD outstanding. The market capitalization of BYD is $5.42B. In the past 24 hours, 661,039 BYD shares were traded.
How to Buy Boyd Gaming Stock
Not sure how to invest in Boyd Gaming stock? Here's how.
- Figure out where to buy Boyd Gaming stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Boyd Gaming stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your method of payment and add your information.
- Evaluate Boyd Gaming stock: The Boyd Gaming ticker symbol is BYD. Is Boyd Gaming stock a good investment? Should you buy shares of BYD? How do BYD's underlying business fundamentals look? Do top analysts think Boyd Gaming is a good buy? Why has BYD's stock price moved recently? (Hint: Our stock market research tools can help you understand if BYD is a good stock to buy).
- Execute your BYD purchase: Decide if you will purchase BYD shares at the current market price or use a limit order to buy BYD shares at a particular price.
- Get updates on your BYD position: Create a watchlist to keep track of your position in Boyd Gaming shares.
Step 1: Figure out where to buy Boyd Gaming stock
You will need a brokerage account in order to access the NYSE market and buy BYD shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you are able to invest in BYD today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Put funds into your investment account
Now that you have opened your account on the stocks app, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of transferring money into your brokerage account.
Step 4: Evaluate Boyd Gaming stock
Once you have chosen the best place to buy Boyd Gaming stock, it's absolutely critical to evaluate their stock prior to buying, so you truly comprehend the risk as well as the upside.
Boyd Gaming quick stats
Fundamentals of BYD
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on BYD's stock page.
How is BYD stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge BYD's true value.
Using relative valuations methods:
- BYD may be undervalued based on its P/E ratio of 10.45x, relative to Resorts & Casinos industry P/E ratio of 15.23x
- BYD could be undervalued based on its P/B ratio of 3.43x, relative to Resorts & Casinos industry P/B ratio of 3.73x
- BYD may be overvalued based on its PEG ratio of 2.19x
You can do additional valuation research on BYD's stock here.
BYD Financials at a glance
Passed Health Checks:
- BYD's operating cash flow of $957.08M allows it to safely service it's debt of $3.83B.
- Total BYD debt is lower than 5 years ago, relative to shareholder equity.
- BYD earnings of $929.41M is not sufficient to cover its interest payments.
Failed Health Checks:
- BYD profit margin has gone down from 16.6% to 14.7% in the past year.
- There are more short-term liabilities than short-term assets on the BYD balance sheet.
- BYD has a relatively high debt to equity ratio of 3.04.
- There are more long-term liabilities than short-term assets on the BYD balance sheet.
Is it a good time to buy BYD stock, according to Wall Street analysts?
Out of 10 Wall Street analysts who research BYD, the consensus analyst rating on BYD is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent BYD Analyst Upgrades/Downgrades
Daniel Politzer, a bottom 15% analyst from Wells Fargo maintains BYD with a strong buy rating and raises their BYD price target from $82.00 to $88.00, on Feb 7, 2025.
Ben Chaiken, a bottom 8% analyst from Mizuho maintains BYD with a buy rating and raises their BYD price target from $79.00 to $86.00, on Feb 7, 2025.
Joseph Greff, a bottom 9% analyst from JP Morgan maintains BYD with a hold rating and raises their BYD price target from $74.00 to $80.00, on Jan 24, 2025.
David Katz, a top 22% analyst from Jefferies upgrades BYD to a strong buy rating and raises their BYD price target from $73.00 to $93.00, on Jan 3, 2025.
Jefferies's David Katz upgraded their rating on Boyd Gaming (NYSE: BYD) from Hold to Strong Buy on 2025/01/03. The analyst also raised their price target by 27.4% from $73 to $93.
Katz said they upgraded the stock and hiked their price target on Boyd Gaming because they expect the company's capital investment pipeline in its regional portfolio and easing comps in Las Vegas (the latter derived from the 2024's highly competitive promotional environment) to be catalysts in 2025.
As well, the analyst reminded investors that Boyd Gaming remains committed to repurchasing shares, which should return 9% Y/Y earnings growth.
Jefferies believes the value of the company's FanDuel platform, which its values at $7/share, is underappreciated, Katz added.
John Staszak, a top 12% analyst from Argus Research upgrades BYD to a strong buy rating and announces their BYD price target of $90.00, on Dec 17, 2024.
You can dig deeper into what analysts are projecting on the Boyd Gaming stock forecast page.
BYD Momentum
BYD Performance Metrics
Last year, BYD earnings were $577.95M. During the past five year, BYD's earnings have grown by 34.81% per year. This was faster than the Resorts & Casinos industry average of -3.88%.
Last year, BYD revenue was $3.93B. During the past 5 year, BYD's revenue has increased by 3.39% per year. This was slower than the Resorts & Casinos industry average of 5.39%.
Dig into BYD's earnings and revenue performance here.
What are BYD insiders up to?
In the past year, executives and large shareholders at BYD have sold more shares than they have bought.
Christine J. Spadafor, Director of BYD, was the latest BYD insider to sell. They sold $84,690.00 worth of BYD shares on Mar 3, 2025.
Get more info about who owns BYD stock here.
Can I rely on BYD as an income stream?
Boyd Gaming pays a dividend of 1.07%, compared to the Resorts & Casinos industry's average dividend yield of 2.51%. If you owned $1,000 worth of BYD stock, you would have been paid $10.67 last year.
Boyd Gaming dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Boyd Gaming dividend yield and history here.
BYD Social Trading Data
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Step 5: Execute your BYD purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you need additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your BYD position
Now that you own some BYD stock, you'll want to keep up with your new investment.
Put BYD on a watchlist to get notified of important updates regarding your BYD stock.
BYD Feed
How to Buy Stock in Boyd Gaming
To reiterate, here are the 6 steps to buy Boyd Gaming stock:
- Figure out where to buy Boyd Gaming stock
- Create your brokerage account
- Put funds into your investment account
- Evaluate Boyd Gaming stock
- Execute your BYD purchase
- Get updates on your BYD position
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Boyd Gaming, hit the button below to create your watchlist.
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