BYD Stock Recent News

BYD's emphasis on property upgrades and strategic investments bodes well for its long-term growth prospects. However, high costs remain a concern.

Nvidia NVDA-5.74%, Tesla TSLA-5.58%, and the rest of Big Tech are having a rough go of it, while China's Terrific 10— Alibaba 9988+0.46%, Tencent 700+0.49%, Meituan 3690+1.81%, Xiaomi 1810-4.17%, JD.com JD+0.75%, NetEase NTES+1.05%, Baidu BIDU+2.22%, BYD 002594+2.79%, Geely 175-1.05%, and SMIC 981+4.24%—are not. That raises the question: Are the Mag Seven yesterday's news and is it time to focus on their Chinese counterparts instead?

Tesla stock price has bounced back in the past few days. It has risen from this month's low of $218 this month to a high of $278, its highest point since March 17.

Boyd Gaming's stock has shown strong performance, returning +25%, including dividends since May 2024, outperforming the S&P 500 by at least 10%. Despite initial headwinds in FY 2024, Boyd achieved three consecutive double-beat quarters, driven by exceptional top-line sales growth and strategic renovations. Boyd's diversified portfolio, especially in the Midwest and South, is a key strength, contributing 52% of its revenue and showing robust growth.

BYD shares were trading in the green on Tuesday morning after the electric vehicle (EV) maker introduced its new charging tech. BYD's Hong Kong shares climbed up around 6% to hit a new 52-week high of HKD 408.80.

Boyd Gaming ended 2024 with strong online momentum and a stable brick-and-mortar performance, exceeding Wall Street's expectations. The good positioning in online gaming creating a way to capitalize on FanDuel's position, and the newly started Virginia investment, add further earnings growth potential in 2025 and beyond. I estimate 33% upside in Boyd's stock to a fair value of $100.8.

LAS VEGAS , Feb. 20, 2025 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) announced that its Board of Directors has increased the Company's quarterly dividend to $0.18 per share, up from the prior quarterly dividend of $0.17 per share. The dividend is payable April 15, 2025, to shareholders of record at the close of business on March 17, 2025.

BYD's Q4 results benefit from the diversified business model, operational efficiencies and contributions from Treasure Chest's new land-based facility.

Boyd Gaming Corporation (NYSE:BYD ) Q4 2024 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants David Strow – Vice President-Corporate Communications Keith Smith – President and Chief Executive Officer Josh Hirsberg – Executive Vice President and Chief Financial Officer Conference Call Participants Steve Wieczynski – Stifel Barry Jonas – Truist Securities Carlo Santarelli – Deutsche Bank Jordan Bender – Citizens JMP David Katz – Jefferies Brandt Montour – Barclays Dan Politzer – Wells Fargo Shaun Kelley – Bank of America Joe Stauff – Susquehanna John DeCree – CBRE Chad Beynon – Macquarie David Strow Good afternoon, and welcome to the Boyd Gaming Fourth Quarter and Full Year 2024 Earnings Conference Call. My name is David Strow, Vice President of Corporate Communications for Boyd Gaming.

The headline numbers for Boyd (BYD) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.