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 EPS estimates for shares of Golden Entertainment in a research note issued 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 currently has a “Buy” rating and a $46.00 target price 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.

Other research analysts also recently issued research reports about the stock. StockNews.com downgraded shares of Golden Entertainment from a “buy” rating to a “hold” rating in a report on Monday, March 4th. Truist Financial decreased their price target on shares of Golden Entertainment from $45.00 to $44.00 and set a “buy” rating on the stock in a research note on Tuesday, April 23rd. Finally, JMP Securities decreased their price target on shares of Golden Entertainment from $48.00 to $45.00 and set a “market outperform” rating on the stock in a research note on Friday, March 1st.

Golden Entertainment Trading Down 2.1 %

Shares of Golden Entertainment stock opened at $32.05 on Monday. The company has a market capitalization of $927.85 million, a P/E ratio of 3.87 and a beta of 2.25. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.30 and a current ratio of 2.35. The company has a fifty day moving average of $34.74 and a 200 day moving average of $36.57. Golden Entertainment has a fifty-two week low of $30.38 and a fifty-two week high of $47.49.

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

Golden Entertainment Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Monday, March 18th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend was Friday, March 15th. Golden Entertainment’s dividend payout ratio is 12.08%.

Institutional Trading of Golden Entertainment

Several hedge funds have recently made changes to their positions in GDEN. Sequoia Financial Advisors LLC purchased a new stake in shares of Golden Entertainment during the 3rd quarter valued at about $35,680,000. Gamco Investors INC. ET AL raised its position in shares of 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 buying an additional 371,850 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Golden Entertainment by 83.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 251,299 shares of the company’s stock valued at $10,034,000 after buying an additional 114,454 shares in the last quarter. Jennison Associates LLC raised its position in shares of Golden Entertainment by 33.7% during the 3rd quarter. Jennison Associates LLC now owns 389,455 shares of the company’s stock valued at $13,312,000 after buying an additional 98,186 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of Golden Entertainment by 111.8% during the 3rd quarter. American Century Companies Inc. now owns 153,059 shares of the company’s stock valued at $5,232,000 after buying an additional 80,784 shares in the last quarter. 70.73% of the stock is currently owned by hedge funds and other institutional investors.

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.