Golden Entertainment (GDEN) Stock Price, News & Analysis

Company Overview

Golden Entertainment, Inc. owns and operates a diversified entertainment platform in the United States. The company operates through four segments; Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. It also operates casino, casino resorts, and taverns; and slot machines in third party non-casino locations. The company was incorporated in 1998 and is headquartered in Las Vegas, Nevada.

Key Stats

• Today's Range: $30.98 to $33.51
• 50-Day Range: $28.62 to $34.06
• 52-Week Range: $27.42 to $41.98
• Volume: 230,449 shs
• Average Volume: 217,781 shs
• Market Capitalization: $852.49 million
• P/E Ratio: 25.06
• Dividend Yield: 3.22%
• Price Target: $37.33
• Consensus Rating: Buy

Golden Entertainment Stock Analysis - MarketRank™

Golden Entertainment scored higher than 88% of companies evaluated by MarketBeat, and ranked 43rd out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Golden Entertainment has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Golden Entertainment has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 347.37%

Earnings Growth

Earnings for Golden Entertainment are expected to grow by 347.37% in the coming year, from $0.19 to $0.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Golden Entertainment is 25.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Golden Entertainment is 25.18, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.55.

Price to Book Value per Share Ratio

Golden Entertainment has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.40% of the float of Golden Entertainment has been sold short.

Short Interest Ratio / Days to Cover

Golden Entertainment has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Golden Entertainment has recently increased by 20.91%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Golden Entertainment pays a meaningful dividend of 3.03%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Golden Entertainment does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Golden Entertainment is 80.65%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Golden Entertainment will have a dividend payout ratio of 117.65% in the coming year. This indicates that Golden Entertainment may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.40% of the float of Golden Entertainment has been sold short.

Short Interest Ratio / Days to Cover

Golden Entertainment has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Golden Entertainment has recently increased by 20.91%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.91

News Sentiment

Golden Entertainment has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Golden Entertainment this week, compared to 5 articles on an average week.

MarketBeat Follows

2 people have added Golden Entertainment to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Golden Entertainment insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $25,756.00 in company stock.

Percentage Held by Insiders

29.10% of the stock of Golden Entertainment is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

70.73% of the stock of Golden Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GDEN Stock Analysis - Frequently Asked Questions

How have GDEN shares performed this year?

Golden Entertainment's stock was trading at $39.93 at the beginning of the year. Since then, GDEN stock has decreased by 21.8% and is now trading at $31.22.
View the best growth stocks for 2024 here.

How were Golden Entertainment's earnings last quarter?

Golden Entertainment, Inc. (NASDAQ:GDEN) issued its earnings results on Wednesday, November, 3rd. The company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.21. The company had revenue of $282.42 million for the quarter, compared to analyst estimates of $259.18 million. Golden Entertainment had a net margin of 5.23% and a trailing twelve-month return on equity of 0.69%.

Who are Golden Entertainment's major shareholders?

Golden Entertainment's top institutional investors include Sequoia Financial Advisors LLC (2.23%), Geode Capital Management LLC (2.14%), Jennison Associates LLC (1.91%) and Systematic Financial Management LP (1.28%). Insiders that own company stock include Charles Protell, Stephen Arcana, Mark A Lipparelli and Blake L Sartini.
View institutional ownership trends.

How do I buy shares of Golden Entertainment?

Shares of GDEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Golden Entertainment own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Golden Entertainment investors own include Scilex (SCLX), Rigetti Computing (RGTI), Pfizer (PFE), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD) and Tesla (TSLA).

Company Calendar

• Last Earnings: 11/03/2021
• Ex-Dividend for 10/2 Dividend: 9/17/2024
• Dividend Payable: 10/02/2024
• Today: 12/18/2024
• Ex-Dividend for 1/7 Dividend: 12/20/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/07/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Miscellaneous amusement & recreation services
• Sub-Industry: Entertainment
• Current Symbol: NASDAQ:GDEN
• Previous Symbol: NASDAQ:LACO
• CUSIP: N/A
• CIK: 1071255
• Web: www.goldenent.com
• Phone: (702) 893-7777
• Fax: 952-449-9353
• Employees: 6,400
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $37.33
• High Stock Price Target: $40.00
• Low Stock Price Target: $36.00
• Potential Upside/Downside: +12.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.24
• Trailing P/E Ratio: 26.66
• Forward P/E Ratio: 174.00
• P/E Growth: N/A
• Net Income: $255.76 million
• Net Margins: 5.23%
• Pretax Margin: 8.36%
• Return on Equity: 0.69%
• Return on Assets: 0.28%

Debt

• Debt-to-Equity Ratio: 0.75
• Current Ratio: 1.11
• Quick Ratio: 1.03

Sales & Book Value

• Annual Sales: $733.31 million
• Price / Sales: 1.24
• Cash Flow: $1.98 per share
• Price / Cash Flow: 16.68
• Book Value: $18.80 per share
• Price / Book: 1.76

Miscellaneous

• Outstanding Shares: 27,429,000
• Free Float: 19,447,000
• Market Cap: $906.80 million
• Optionable: Optionable
• Beta: 2.22