Boyd Gaming has a 16.91% upside to a fair value target of $102.07, according to 24/7 Wall St., which issued a Buy recommendation with a 90% confidence score ahead of the company's confirmed July 23 earnings release. The stock trades at a forward P/E of 11 despite generating $317.42 million in quarterly adjusted EBITDAR with property margins exceeding 39%. CEO Keith Smith has aggressively returned capital, with $155 million in first-quarter 2026 repurchases and a raised $0.20 quarterly dividend, while the board authorized an additional $500 million buyback, leaving roughly $707 million remaining. Over the past four and a half years, Boyd has returned $2.9 billion to shareholders and reduced the share count by more than 33%. The company's traditional leverage of 1.8x is the strongest in its history and dwarfs peers MGM Resorts and Penn Entertainment, while options positioning shows a 0.17 put/call ratio, flagging bullish sentiment into the report.
Boyd Gaming CorporationAnalyst Buy rating with 17% upside, strong buyback program, and bullish options positioning ahead of earnings.
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BYD Co Ltd Class A