Research Analysts Issue Forecasts for Golden Entertainment, Inc.’s Q1 2025 Earnings (NASDAQ:GDEN)

Golden Entertainment, Inc. (NASDAQ:GDEN) – Investment analysts at B. Riley issued their Q1 2025 earnings per share (EPS) estimates for shares of Golden Entertainment in a note issued to investors on Thursday, April 25th. B. Riley analyst D. Bain expects that the company will post earnings of $0.32 per share for the quarter. B. Riley has a “Buy” rating and a $46.00 price target on the stock. The consensus estimate for Golden Entertainment’s current full-year earnings is $1.21 per share. B. Riley also issued estimates for Golden Entertainment’s Q2 2025 earnings at $0.38 EPS, Q3 2025 earnings at $0.47 EPS, Q4 2025 earnings at $0.40 EPS and FY2025 earnings at $1.57 EPS.

Golden Entertainment (NASDAQ:GDEN) last released its earnings results on Thursday, February 29th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.07). Golden Entertainment had a return on equity of 6.40% and a net margin of 24.28%. The company had revenue of $230.69 million for the quarter, compared to analyst estimates of $228.75 million.

Several other research firms have also recently issued reports on GDEN. JMP Securities lowered their price objective on Golden Entertainment from $48.00 to $45.00 and set a “market outperform” rating for the company in a research report on Friday, March 1st. StockNews.com cut Golden Entertainment from a “buy” rating to a “hold” rating in a research report on Monday, March 4th. Finally, Truist Financial lowered their price objective on Golden Entertainment from $45.00 to $44.00 and set a “buy” rating for the company in a research report on Tuesday, April 23rd.

Golden Entertainment Trading Down 2.1 %

NASDAQ:GDEN opened at $32.05 on Monday. The stock has a 50-day simple moving average of $34.74 and a 200-day simple moving average of $36.57. The stock has a market cap of $927.85 million, a P/E ratio of 3.87 and a beta of 2.25. Golden Entertainment has a 1 year low of $30.38 and a 1 year high of $47.49. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.30 and a current ratio of 2.35.

Institutional Trading of Golden Entertainment

A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Golden Entertainment by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,556,412 shares of the company’s stock valued at $53,198,000 after purchasing an additional 3,988 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in Golden Entertainment during the 3rd quarter valued at approximately $35,680,000. Principal Financial Group Inc. raised its stake in Golden Entertainment by 0.9% during the 1st quarter. Principal Financial Group Inc. now owns 620,654 shares of the company’s stock valued at $22,859,000 after acquiring an additional 5,446 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in Golden Entertainment by 156.8% during the 3rd quarter. Gamco Investors INC. ET AL now owns 609,050 shares of the company’s stock valued at $20,817,000 after acquiring an additional 371,850 shares during the last quarter. Finally, William Blair Investment Management LLC raised its stake in Golden Entertainment by 3.0% during the 3rd quarter. William Blair Investment Management LLC now owns 454,556 shares of the company’s stock valued at $15,537,000 after acquiring an additional 13,358 shares during the last quarter. 70.73% of the stock is owned by institutional investors and hedge funds.

Golden Entertainment Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Monday, March 18th were given a $0.25 dividend. The ex-dividend date was Friday, March 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.12%. Golden Entertainment’s dividend payout ratio (DPR) is presently 12.08%.

Golden Entertainment Company Profile

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.