Consumer Cyclical - Gambling, Resorts & Casinos - NASDAQ - US
$ 33.19
-0.0903 %
$ 910 M
Market Cap
25.34
P/E
Golden Entertainment, Inc., together with its subsidiaries, engages in the ownership and operation of a diversified entertainment platform in the United States. The company operates through four segments: Nevada Casino Resorts, Nevada Locals Casinos, Maryland Casino Resort, and Distributed Gaming. The Nevada Casino Resorts segment comprises of destination casino resort properties that include various food and beverage outlets, entertainment venues, and other amenities. The Nevada Locals Casinos segment consists of casino properties that cater to local customers. The Maryland Casino Resort segment operates Rocky Gap casino resort, including various food and beverage outlets, signature golf course, spa, and pool. The Distributed Gaming segment operates slot machines and amusement devices in non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, and grocery stores.[ Read More ]
The intrinsic value of one GDEN stock under the base case scenario is HIDDEN Compared to the current market price of 33.2 USD, Golden Entertainment, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart GDEN
FINANCIALS
1.05 B
REVENUE
399 M
OPERATING INCOME
256 M
NET INCOME
119 M
OPERATING CASH FLOW
267 M
INVESTING CASH FLOW
-331 M
FINANCING CASH FLOW
161 M
REVENUE
6.73 M
OPERATING INCOME
5.17 M
NET INCOME
22.5 M
OPERATING CASH FLOW
-7.85 M
INVESTING CASH FLOW
-34.8 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Golden Entertainment, Inc.
| Current Assets | 409 M |
| Cash & Short-Term Investments | 158 M |
| Receivables | 17 M |
| Other Current Assets | 235 M |
| Non-Current Assets | 1.04 B |
| Long-Term Investments | 0 |
| PP&E | 866 M |
| Other Non-Current Assets | 177 M |
| Current Liabilities | 174 M |
| Accounts Payable | 18.7 M |
| Short-Term Debt | 32.1 M |
| Other Current Liabilities | 124 M |
| Non-Current Liabilities | 740 M |
| Long-Term Debt | 738 M |
| Other Non-Current Liabilities | 2.02 M |
EFFICIENCY
Earnings Waterfall
Golden Entertainment, Inc.
| Revenue | 1.05 B |
| Cost Of Revenue | 578 M |
| Gross Profit | 476 M |
| Operating Expenses | 55.7 M |
| Operating Income | 399 M |
| Other Expenses | 143 M |
| Net Income | 256 M |
RATIOS
45.16%
GROSS MARGIN
37.91%
OPERATING MARGIN
24.28%
NET MARGIN
47.56%
ROE
17.61%
ROA
25.36%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Golden Entertainment, Inc.
| Net Income | 256 M |
| Depreciation & Amortization | 88.9 M |
| Capital Expenditures | -85.9 M |
| Stock-Based Compensation | 12.8 M |
| Change in Working Capital | 64.3 M |
| Others | -274 M |
| Free Cash Flow | 33.3 M |
Wall Street Analysts Price Targets
Golden Entertainment, Inc.
Wall Street analysts predict an average 1-year price target for GDEN of $40 , with forecasts ranging from a low of $36 to a high of $45 .
GDEN Lowest Price Target
Wall Street Target
36 USD
8.47%
GDEN Average Price Target
Wall Street Target
40 USD
20.52%
GDEN Highest Price Target
Wall Street Target
45 USD
35.58%
4. DIVIDEND ANALYSIS
0.80%
DIVIDEND YIELD
0.25 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Golden Entertainment, Inc.
Sold
0-3 MONTHS
347 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
1.82 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 month ago
Sep 19, 2024
|
Sell 25.8 K USD
|
LIPPARELLI MARK A
Director |
- 773
|
33.32 USD |
|
1 month ago
Sep 20, 2024
|
Sell 321 K USD
|
LIPPARELLI MARK A
Director |
- 10000
|
32.11 USD |
|
10 months ago
Dec 21, 2023
|
Sell 355 K USD
|
Protell Charles
President and CFO |
- 8910
|
39.83 USD |
|
10 months ago
Dec 20, 2023
|
Sell 562 K USD
|
Protell Charles
President and CFO |
- 13557
|
41.42 USD |
|
10 months ago
Dec 19, 2023
|
Sell 493 K USD
|
Protell Charles
President and CFO |
- 12285
|
40.09 USD |
|
11 months ago
Dec 18, 2023
|
Sell 414 K USD
|
Protell Charles
President and CFO |
- 10104
|
41 USD |
|
1 year ago
Oct 12, 2023
|
Sell 2.17 K USD
|
Arcana Stephen
EVP and COO |
- 62
|
35 USD |
|
1 year ago
Apr 05, 2023
|
Sell 476 K USD
|
Arcana Stephen
EVP and COO |
- 11328
|
42.01 USD |
|
1 year ago
Apr 06, 2023
|
Sell 574 K USD
|
Arcana Stephen
EVP and COO |
- 13672
|
42.01 USD |
|
3 years ago
Nov 08, 2021
|
Bought 752 K USD
|
Wright Terrence
Director |
+ 14630
|
51.38 USD |
|
3 years ago
Aug 04, 2021
|
Bought 248 K USD
|
Wright Terrence
Director |
+ 5460
|
45.35 USD |
|
2 years ago
Oct 05, 2022
|
Sell 474 K USD
|
Arcana Stephen
EVP and COO |
- 12500
|
37.96 USD |
|
2 years ago
Oct 06, 2022
|
Sell 481 K USD
|
Arcana Stephen
EVP and COO |
- 12500
|
38.49 USD |
|
2 years ago
Mar 01, 2022
|
Sell 932 K USD
|
Arcana Stephen
EVP and COO |
- 17000
|
54.83 USD |
|
2 years ago
Feb 28, 2022
|
Sell 9.55 M USD
|
SARTINI BLAKE L
Chairman and CEO |
- 168129
|
56.79 USD |
|
2 years ago
Mar 01, 2022
|
Sell 4.35 M USD
|
SARTINI BLAKE L
Chairman and CEO |
- 78871
|
55.1 USD |
|
2 years ago
Mar 02, 2022
|
Sell 4.15 M USD
|
SARTINI BLAKE L
Chairman and CEO |
- 75000
|
55.32 USD |
|
2 years ago
Feb 24, 2022
|
Sell 27.8 M USD
|
SARTINI BLAKE L
Chairman and CEO |
- 600000
|
46.3 USD |
|
3 years ago
Aug 25, 2021
|
Sell 790 K USD
|
Marnell Anthony A. III
Director |
- 15000
|
52.68 USD |
|
3 years ago
Aug 25, 2021
|
Sell 992 K USD
|
Arcana Stephen
EVP and COO |
- 18754
|
52.91 USD |
|
3 years ago
Aug 26, 2021
|
Sell 910 K USD
|
Arcana Stephen
EVP and COO |
- 17346
|
52.47 USD |
|
3 years ago
Aug 25, 2021
|
Sell 483 K USD
|
Sartini Blake L II
SVP of Distributed Gaming |
- 9194
|
52.56 USD |
|
3 years ago
Aug 26, 2021
|
Sell 918 K USD
|
Sartini Blake L II
SVP of Distributed Gaming |
- 17500
|
52.46 USD |
|
3 years ago
Aug 27, 2021
|
Sell 598 K USD
|
Sartini Blake L II
SVP of Distributed Gaming |
- 11632
|
51.38 USD |
|
3 years ago
Jun 01, 2021
|
Bought 22.5 K USD
|
MIODUNSKI ROBERT L
Director |
+ 500
|
45 USD |
|
3 years ago
May 28, 2021
|
Sell 529 K USD
|
MIODUNSKI ROBERT L
Director |
- 12500
|
42.29 USD |
|
3 years ago
May 19, 2021
|
Sell 539 K USD
|
Marnell Anthony A. III
Director |
- 13456
|
40.02 USD |
|
3 years ago
May 20, 2021
|
Sell 451 K USD
|
Marnell Anthony A. III
Director |
- 11544
|
39.09 USD |
|
3 years ago
Mar 24, 2021
|
Sell 4.99 M USD
|
BERMAN LYLE
Director |
- 200000
|
24.96 USD |
|
4 years ago
Jun 18, 2020
|
Sell 46 K USD
|
Higgins Sean T
EVP of Government Affairs |
- 4500
|
10.22 USD |
|
4 years ago
Jun 19, 2020
|
Sell 45.3 K USD
|
Higgins Sean T
EVP of Government Affairs |
- 4500
|
10.06 USD |
|
4 years ago
Mar 18, 2020
|
Bought 10.6 K USD
|
Haas Thomas Edwin
SVP of Accounting |
+ 2500
|
4.25 USD |
|
4 years ago
Mar 17, 2020
|
Bought 13.8 K USD
|
Haas Thomas Edwin
SVP of Accounting |
+ 2500
|
5.5 USD |
|
4 years ago
Mar 19, 2020
|
Bought 45 K USD
|
Protell Charles
President and CFO |
+ 10000
|
4.5 USD |
|
4 years ago
Mar 17, 2020
|
Bought 119 K USD
|
MIODUNSKI ROBERT L
Director |
+ 22500
|
5.31 USD |
|
5 years ago
Nov 14, 2019
|
Bought 452 K USD
|
Marnell Anthony A. III
Director |
+ 25172
|
17.94 USD |
|
5 years ago
Nov 13, 2019
|
Bought 1.08 M USD
|
Marnell Anthony A. III
Director |
+ 64095
|
16.85 USD |
|
5 years ago
Aug 20, 2019
|
Bought 56.4 K USD
|
Marnell Anthony A. III
Director |
+ 4100
|
13.75 USD |
|
5 years ago
Aug 16, 2019
|
Bought 75.9 K USD
|
Marnell Anthony A. III
Director |
+ 5900
|
12.87 USD |
|
5 years ago
Jun 12, 2019
|
Bought 90.6 K USD
|
Marnell Anthony A. III
Director |
+ 6800
|
13.33 USD |
|
5 years ago
Jun 12, 2019
|
Bought 139 K USD
|
Sartini Blake L II
SVP of Distributed Gaming |
+ 10000
|
13.87 USD |
|
5 years ago
Jun 07, 2019
|
Bought 135 K USD
|
Marnell Anthony A. III
Director |
+ 10000
|
13.5 USD |
|
5 years ago
May 31, 2019
|
Bought 12.9 K USD
|
Haas Thomas Edwin
SVP of Accounting |
+ 1000
|
12.91 USD |
|
6 years ago
Nov 19, 2018
|
Bought 15 K USD
|
Haas Thomas Edwin
SVP of Accounting |
+ 1000
|
15 USD |
|
6 years ago
Nov 14, 2018
|
Bought 33.1 K USD
|
Haas Thomas Edwin
SVP of Accounting |
+ 2200
|
15.03 USD |
|
6 years ago
Nov 13, 2018
|
Bought 49.9 K USD
|
Arcana Stephen A
EVP and COO |
+ 3500
|
14.25 USD |
|
6 years ago
Nov 13, 2018
|
Bought 185 K USD
|
Protell Charles
Executive VP, CSO and CFO |
+ 13340
|
13.9 USD |
|
6 years ago
Sep 12, 2018
|
Sell 3.47 M USD
|
BERMAN LYLE
Director |
- 141685
|
24.5 USD |
|
6 years ago
Sep 05, 2018
|
Sell 543 K USD
|
BERMAN LYLE
Director |
- 20112
|
27 USD |
|
6 years ago
Sep 04, 2018
|
Sell 460 K USD
|
BERMAN LYLE
Director |
- 16381
|
28.1 USD |
|
6 years ago
Aug 31, 2018
|
Sell 342 K USD
|
Higgins Sean T
Executive VP and CLO |
- 11840
|
28.86 USD |
|
6 years ago
Aug 29, 2018
|
Sell 329 K USD
|
Arcana Stephen A
EVP and COO |
- 11350
|
29.03 USD |
|
6 years ago
Aug 30, 2018
|
Sell 496 K USD
|
Arcana Stephen A
EVP and COO |
- 17274
|
28.72 USD |
|
6 years ago
Aug 31, 2018
|
Sell 245 K USD
|
Arcana Stephen A
EVP and COO |
- 8656
|
28.31 USD |
|
6 years ago
May 24, 2018
|
Sell 1.27 M USD
|
COPE TIMOTHY J
Director |
- 42430
|
29.97 USD |
|
6 years ago
Jan 23, 2018
|
Sell 108 M USD
|
GOLDMAN SACHS GROUP INC
10 percent owner |
- 4046494
|
26.635 USD |
|
6 years ago
Jan 23, 2018
|
Sell 25.4 M USD
|
SARTINI BLAKE L
Chairman, President and CEO |
- 953506
|
26.635 USD |
|
6 years ago
Jan 23, 2018
|
Sell 20 M USD
|
BERMAN LYLE
Director |
- 750000
|
26.635 USD |
|
8 years ago
Aug 12, 2016
|
Sell 1 M USD
|
BERMAN LYLE
Director |
- 74972
|
13.3546 USD |
|
8 years ago
Aug 15, 2016
|
Sell 1.38 M USD
|
BERMAN LYLE
Director |
- 102641
|
13.4803 USD |
|
9 years ago
Nov 06, 2015
|
Sell 258 B USD
|
SARTINI BLAKE L
Chairman, President and CEO |
- 225000
|
1148000 USD |
|
9 years ago
Nov 06, 2015
|
Sell 258 B USD
|
SARTINI BLAKE L
Chairman, President and CEO |
- 225000
|
1148000 USD |
|
9 years ago
Nov 06, 2015
|
Sell 258 B USD
|
SARTINI BLAKE L
Chairman, President and CEO |
- 225000
|
1148000 USD |
|
9 years ago
Nov 06, 2015
|
Sell 0 USD
|
SARTINI BLAKE L
Chairman, President and CEO |
- 225000
|
0 USD |
|
9 years ago
Nov 06, 2015
|
Sell 0 USD
|
SARTINI BLAKE L
Chairman, President and CEO |
- 225000
|
0 USD |
|
9 years ago
Nov 06, 2015
|
Sell 0 USD
|
SARTINI BLAKE L
Chairman, President and CEO |
- 225000
|
0 USD |
|
14 years ago
Mar 16, 2010
|
Sell 757 K USD
|
BERMAN LYLE
Chief Executive Officer |
- 302849
|
2.5 USD |
|
14 years ago
Mar 16, 2010
|
Sell 5.86 K USD
|
BERMAN LYLE
Chief Executive Officer |
- 2300
|
2.55 USD |
|
14 years ago
Mar 16, 2010
|
Sell 3.33 K USD
|
BERMAN LYLE
Chief Executive Officer |
- 1300
|
2.56 USD |
|
14 years ago
Mar 16, 2010
|
Sell 514 USD
|
BERMAN LYLE
Chief Executive Officer |
- 200
|
2.57 USD |
|
14 years ago
Mar 16, 2010
|
Sell 777 USD
|
BERMAN LYLE
Chief Executive Officer |
- 300
|
2.59 USD |
|
14 years ago
Mar 16, 2010
|
Sell 4.94 K USD
|
BERMAN LYLE
Chief Executive Officer |
- 1900
|
2.6 USD |
|
14 years ago
Mar 16, 2010
|
Sell 783 USD
|
BERMAN LYLE
Chief Executive Officer |
- 300
|
2.61 USD |
|
14 years ago
Mar 16, 2010
|
Sell 4.98 K USD
|
BERMAN LYLE
Chief Executive Officer |
- 1900
|
2.62 USD |
|
14 years ago
Mar 16, 2010
|
Sell 3.42 K USD
|
BERMAN LYLE
Chief Executive Officer |
- 1300
|
2.63 USD |
|
14 years ago
Mar 16, 2010
|
Sell 3.96 K USD
|
BERMAN LYLE
Chief Executive Officer |
- 1500
|
2.64 USD |
|
14 years ago
Mar 16, 2010
|
Sell 268 USD
|
BERMAN LYLE
Chief Executive Officer |
- 100
|
2.68 USD |
|
14 years ago
Mar 16, 2010
|
Sell 1.08 K USD
|
BERMAN LYLE
Chief Executive Officer |
- 400
|
2.69 USD |
|
14 years ago
Mar 16, 2010
|
Sell 14.4 K USD
|
BERMAN LYLE
Chief Executive Officer |
- 5351
|
2.7 USD |
|
14 years ago
Mar 16, 2010
|
Sell 825 USD
|
BERMAN LYLE
Chief Executive Officer |
- 300
|
2.75 USD |
|
15 years ago
Jan 02, 2009
|
Sell 148 K USD
|
COPE TIMOTHY J
President and CFO |
- 38401
|
3.85 USD |
|
15 years ago
Dec 31, 2008
|
Sell 92.2 K USD
|
COPE TIMOTHY J
President and CFO |
- 23040
|
4 USD |
|
15 years ago
Dec 31, 2008
|
Sell 802 USD
|
COPE TIMOTHY J
President and CFO |
- 200
|
4.01 USD |
|
15 years ago
Dec 30, 2008
|
Sell 1.6 K USD
|
COPE TIMOTHY J
President and CFO |
- 400
|
4 USD |
|
15 years ago
Dec 26, 2008
|
Sell 1.2 K USD
|
COPE TIMOTHY J
President and CFO |
- 300
|
4 USD |
|
15 years ago
Dec 24, 2008
|
Sell 443 K USD
|
COPE TIMOTHY J
President and CFO |
- 110725
|
4 USD |
|
15 years ago
Dec 24, 2008
|
Sell 802 USD
|
COPE TIMOTHY J
President and CFO |
- 200
|
4.01 USD |
|
15 years ago
Dec 23, 2008
|
Sell 15.3 K USD
|
COPE TIMOTHY J
President and CFO |
- 3816
|
4 USD |
|
15 years ago
Dec 22, 2008
|
Sell 1.64 K USD
|
COPE TIMOTHY J
President and CFO |
- 410
|
4 USD |
|
15 years ago
Dec 19, 2008
|
Sell 3.6 K USD
|
COPE TIMOTHY J
President and CFO |
- 900
|
4 USD |
|
15 years ago
Dec 17, 2008
|
Sell 6.13 K USD
|
COPE TIMOTHY J
President and CFO |
- 1532
|
4 USD |
|
15 years ago
Dec 15, 2008
|
Sell 1.2 K USD
|
COPE TIMOTHY J
President and CFO |
- 300
|
4 USD |
|
15 years ago
Dec 10, 2008
|
Sell 139 K USD
|
COPE TIMOTHY J
President and CFO |
- 32600
|
4.26 USD |
|
16 years ago
Oct 30, 2008
|
Sell 10.3 K USD
|
COPE TIMOTHY J
President and CFO |
- 2415
|
4.26 USD |
|
16 years ago
Oct 30, 2008
|
Sell 5.12 K USD
|
COPE TIMOTHY J
President and CFO |
- 1200
|
4.27 USD |
|
16 years ago
Oct 30, 2008
|
Sell 1.29 K USD
|
COPE TIMOTHY J
President and CFO |
- 300
|
4.29 USD |
|
16 years ago
Oct 30, 2008
|
Sell 2.15 K USD
|
COPE TIMOTHY J
President and CFO |
- 500
|
4.3 USD |
|
16 years ago
Oct 30, 2008
|
Sell 19 K USD
|
COPE TIMOTHY J
President and CFO |
- 4402
|
4.31 USD |
|
16 years ago
Oct 30, 2008
|
Sell 3.91 K USD
|
COPE TIMOTHY J
President and CFO |
- 900
|
4.34 USD |
|
16 years ago
Oct 30, 2008
|
Sell 7.83 K USD
|
COPE TIMOTHY J
President and CFO |
- 1801
|
4.35 USD |
|
16 years ago
Oct 30, 2008
|
Sell 1.31 K USD
|
COPE TIMOTHY J
President and CFO |
- 300
|
4.36 USD |
|
16 years ago
Oct 30, 2008
|
Sell 3.93 K USD
|
COPE TIMOTHY J
President and CFO |
- 899
|
4.37 USD |
|
16 years ago
Oct 30, 2008
|
Sell 2.63 K USD
|
COPE TIMOTHY J
President and CFO |
- 600
|
4.38 USD |
7. News
Golden Entertainment, Inc. (GDEN) Q3 2024 Earnings Call Transcript
Golden Entertainment, Inc. (NASDAQ:GDEN ) Q3 2024 Results Conference Call November 7, 2024 5:00 PM ET Company Participants James Adams - Investor Relations Blake Sartini - Founder, Chairman and Chief Executive Officer Charles Protell - President and Chief Financial Officer Conference Call Participants Barry Jonas - Truist Securities David Bain - B. Riley Securities Jordan Bender - Citizens JMP David Katz - Jefferies Aaron Lee - Macquarie Asset Management John Dickree - CBRE Carlo Santarelli - Deutsche Bank Operator Good afternoon, ladies and gentlemen.
seekingalpha.com
- 1 week ago
Golden Entertainment (GDEN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Golden Entertainment (GDEN) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 1 week ago
Golden Entertainment (GDEN) Q3 Earnings Beat Estimates
Golden Entertainment (GDEN) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.02 per share a year ago.
zacks.com
- 1 week ago
Golden Entertainment (GDEN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Golden Entertainment (GDEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 weeks ago
Golden Entertainment to Report 2024 Third Quarter Results on November 7 and Host Conference Call and Webcast
LAS VEGAS--(BUSINESS WIRE)--Golden Entertainment, Inc. (NASDAQ:GDEN) (“Golden Entertainment” or the “Company”) announced today that it will release its 2024 third quarter financial results after the market closes on Thursday, November 7, 2024, and host a conference call and simultaneous webcast at 5:00 p.m. ET (2:00 p.m. PT) that day. Both the call and webcast are open to the general public. The conference call may be accessed live over the phone by dialing (877) 407-0789 or for international c.
businesswire.com
- 1 month ago
6 Top Stocks For Gaming, Casinos, Sports Betting: Analyst Says This Company's Estimates Will 'Prove Conservative'
The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said.
benzinga.com
- 1 month ago
6 Top Stocks For Gaming, Casinos, Sports Betting: Analyst Says This Company's Estimates Will 'Prove Conservative'
The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said.
benzinga.com
- 1 month ago
Golden Entertainment (GDEN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Golden Entertainment (GDEN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 3 months ago
Golden Entertainment (GDEN) Misses Q2 Earnings and Revenue Estimates
Golden Entertainment (GDEN) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.40 per share a year ago.
zacks.com
- 3 months ago
Countdown to Golden Entertainment (GDEN) Q2 Earnings: Wall Street Forecasts for Key Metrics
Get a deeper insight into the potential performance of Golden Entertainment (GDEN) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
zacks.com
- 3 months ago
Golden Entertainment's Strategic Growth And Undervaluation
Golden Entertainment is positioned for future growth through strategic initiatives and an undervalued stock price. Financial performance shows a decline in revenue due to asset sales, but improved margins indicate a more focused portfolio. Opportunities like Atomic Golf and tavern expansion offer potential for revenue growth, despite challenges in the competitive Nevada gaming market.
seekingalpha.com
- 4 months ago
Golden Entertainment Announces Repricing of Term Loan
LAS VEGAS--(BUSINESS WIRE)--Golden Entertainment, Inc. (NASDAQ: GDEN) (“Golden Entertainment” or the “Company”) today announced it has repriced and allocated its existing term loan credit facility due 2030 (the “Term Loan Facility”). The repricing amendment, which is subject to execution of definitive documentation and customary closing conditions, will reduce the applicable margin under the Term Loan Facility by 50 basis points, such that base rate loans and SOFR loans will bear interest at th.
businesswire.com
- 5 months ago
The 3 Best Casino Stocks With Dividends to Bet On in May 2024
Although the revenge travel phenomenon appears to have faded, the broader industry could still be enticing, thereby making an attractive case for casino stocks with dividends. During the worst of the Covid-19 crisis, quarantined households longed for the day when normalcy would return.
investorplace.com
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8. Profile Summary
Golden Entertainment, Inc. GDEN
COUNTRY
US
INDUSTRY
Gambling, Resorts & Casinos
MARKET CAP
$ 910 M
Dividend Yield
0.80%
Description
Golden Entertainment, Inc., together with its subsidiaries, engages in the ownership and operation of a diversified entertainment platform in the United States. The company operates through four segments: Nevada Casino Resorts, Nevada Locals Casinos, Maryland Casino Resort, and Distributed Gaming. The Nevada Casino Resorts segment comprises of destination casino resort properties that include various food and beverage outlets, entertainment venues, and other amenities. The Nevada Locals Casinos segment consists of casino properties that cater to local customers. The Maryland Casino Resort segment operates Rocky Gap casino resort, including various food and beverage outlets, signature golf course, spa, and pool. The Distributed Gaming segment operates slot machines and amusement devices in non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, and grocery stores. As of February 17, 2022, the company operated approximately 16,900 slots, 120 table games, and 6,200 hotel rooms; 10 casinos; and video gaming devices at 1,100 locations, as well as owned 60 traditional taverns. The company was formerly known as Lakes Entertainment, Inc. and changed its name to Golden Entertainment, Inc. in July 2015. Golden Entertainment, Inc. was incorporated in 1998 and is headquartered in Las Vegas, Nevada.
Contact
6595 South Jones Boulevard, Las Vegas, NV, 89118
https://www.goldenent.com
IPO Date
Jan. 4, 1999
Employees
5800
Officers
Mr. Blake L. Sartini II
Executive Vice President & Chief Operating Officer
Ms. Phyllis A. Gilland
Senior Vice President, General Counsel & Corporate Secretary
Mr. Charles H. Protell
President, Chief Financial Officer & Treasurer
Mr. Blake L. Sartini Sr.
Chairman of the Board & Chief Executive Officer
Mr. Thomas Edwin Haas
Senior Vice President & Chief Accounting Officer
Mr. Stephen A. Arcana
Chief Development Officer