Consumer Cyclical -
Gambling, Resorts & Casinos - NYSE - US
$ 18.205
-0.0823 %
$ 740 M
Market Cap
-1.2
P/E
1. INTRINSIC VALUE
Balance Sheet
Bally's Corporation
| Current Assets | 572 M |
| Cash & Short-Term Investments | 163 M |
| Receivables | 162 M |
| Other Current Assets | 247 M |
| Non-Current Assets | 6.29 B |
| Long-Term Investments | 0 |
| PP&E | 2.34 B |
| Other Non-Current Assets | 3.95 B |
| Current Liabilities | 875 M |
| Accounts Payable | 69.2 M |
| Short-Term Debt | 74.3 M |
| Other Current Liabilities | 731 M |
| Non-Current Liabilities | 5.35 B |
| Long-Term Debt | 4.99 B |
| Other Non-Current Liabilities | 359 M |
EFFICIENCY
Earnings Waterfall
Bally's Corporation
| Revenue | 2.45 B |
| Cost Of Revenue | 1.11 B |
| Gross Profit | 1.34 B |
| Operating Expenses | 1.26 B |
| Operating Income | 104 M |
| Other Expenses | 292 M |
| Net Income | -188 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Bally's Corporation
| Net Income | -188 M |
| Depreciation & Amortization | 350 M |
| Capital Expenditures | -502 M |
| Stock-Based Compensation | 24.1 M |
| Change in Working Capital | 13.1 M |
| Others | 25.6 M |
| Free Cash Flow | -314 M |
Wall Street Analysts Price Targets
Bally's Corporation
Wall Street analysts predict an average 1-year price target for BALY of $16.9 , with forecasts ranging from
a
low of
$13 to a high of $18.2 .
BALY Lowest Price Target
Wall Street Target
13 USD
-28.59%
BALY Average Price Target
Wall Street Target
16.9 USD
-7.31%
BALY Highest Price Target
Wall Street Target
18.2 USD
0.25%
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.1 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Bally's Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
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 year ago
Nov 09, 2023
|
Bought
50 K USD
|
ROLLINS JEFFREY W
Director
|
+ 5000
|
10 USD |
|
1 year ago
Nov 06, 2023
|
Bought
18.2 K USD
|
Wilson Wanda Y.
Director
|
+ 2000
|
9.1 USD |
|
1 year ago
Nov 06, 2023
|
Bought
88.4 K USD
|
PATEL JAYMIN B
Director
|
+ 10000
|
8.84 USD |
|
1 year ago
Nov 06, 2023
|
Bought
52.2 K USD
|
Downey Terrence
Director
|
+ 5800
|
9 USD |
|
1 year ago
Nov 03, 2023
|
Bought
47 K USD
|
Downey Terrence
Director
|
+ 5000
|
9.4 USD |
|
1 year ago
Nov 03, 2023
|
Bought
189 K USD
|
Reeves Robeson
Chief Executive Officer
|
+ 20000
|
9.43 USD |
|
1 year ago
Nov 03, 2023
|
Bought
189 K USD
|
Papanier George T.
President
|
+ 20000
|
9.46 USD |
|
1 year ago
Nov 03, 2023
|
Bought
100 K USD
|
Eaton Craig L
Pres, RI Ops & Corp. Secretary
|
+ 10600
|
9.45 USD |
|
1 year ago
Nov 03, 2023
|
Bought
1.87 K USD
|
Harris Tracy S.
Director
|
+ 200
|
9.33 USD |
|
1 year ago
Nov 03, 2023
|
Bought
24.6 K USD
|
Barker Lee Kim
EVP, Chief Legal Officer
|
+ 2900
|
8.49 USD |
|
2 years ago
Dec 07, 2022
|
Sell 10.7 M
USD
|
Standard General L.P.
Director
|
- 475000
|
22.6038 USD |
|
2 years ago
Jul 27, 2022
|
Sell 448 K
USD
|
CRISAFULLI MARC A
EVP Government Relations
|
- 20363
|
22 USD |
|
3 years ago
Dec 09, 2021
|
Bought
19.3 K USD
|
Wilson Wanda Y.
Director
|
+ 500
|
38.635 USD |
|
3 years ago
Dec 16, 2021
|
Bought
440 K USD
|
Standard General L.P.
10 percent owner
|
+ 88025
|
5 USD |
|
3 years ago
Dec 14, 2021
|
Bought
288 K USD
|
Standard General L.P.
10 percent owner
|
+ 57607
|
5 USD |
|
3 years ago
Dec 13, 2021
|
Bought
226 K USD
|
Standard General L.P.
10 percent owner
|
+ 45155
|
5 USD |
|
3 years ago
Dec 10, 2021
|
Bought
174 K USD
|
Standard General L.P.
10 percent owner
|
+ 34884
|
5 USD |
|
3 years ago
Dec 07, 2021
|
Bought
3.57 K USD
|
Standard General L.P.
10 percent owner
|
+ 357000
|
0.01 USD |
|
3 years ago
Dec 09, 2021
|
Bought
187 K USD
|
Standard General L.P.
10 percent owner
|
+ 37498
|
5 USD |
|
3 years ago
Dec 07, 2021
|
Bought
550 K USD
|
Standard General L.P.
10 percent owner
|
+ 109984
|
5 USD |
|
3 years ago
Dec 07, 2021
|
Bought
3.57 K USD
|
Standard General L.P.
10 percent owner
|
+ 357000
|
0.01 USD |
|
3 years ago
Dec 06, 2021
|
Bought
615 K USD
|
Standard General L.P.
10 percent owner
|
+ 122937
|
5 USD |
|
3 years ago
Dec 03, 2021
|
Bought
927 K USD
|
Standard General L.P.
10 percent owner
|
+ 185301
|
5 USD |
|
3 years ago
Dec 02, 2021
|
Bought
222 K USD
|
Standard General L.P.
10 percent owner
|
+ 44389
|
5 USD |
|
3 years ago
Nov 05, 2021
|
Bought
45 K USD
|
Downey Terrence
Director
|
+ 1000
|
45 USD |
|
3 years ago
Nov 05, 2021
|
Bought
259 K USD
|
Reeves Robeson
President, Interactive
|
+ 5750
|
45 USD |
|
3 years ago
Nov 05, 2021
|
Bought
102 K USD
|
Papanier George T.
President, Retail
|
+ 2250
|
45.21 USD |
|
3 years ago
Nov 05, 2021
|
Bought
247 K USD
|
CAPP STEPHEN H
Executive Vice President, CFO
|
+ 5500
|
44.82 USD |
|
3 years ago
Nov 05, 2021
|
Bought
259 K USD
|
Fenton Lee
Chief Executive Officer
|
+ 5750
|
44.99 USD |
|
3 years ago
Apr 16, 2021
|
Sell 50 M
USD
|
Standard General L.P.
10 percent owner
|
- 909090
|
55 USD |
|
3 years ago
Mar 26, 2021
|
Sell 746 K
USD
|
CRISAFULLI MARC A
EVP Strategy & Operations
|
- 10000
|
74.58 USD |
|
3 years ago
Mar 26, 2021
|
Sell 3.93 M
USD
|
CAPP STEPHEN H
Executive Vice President, CFO
|
- 56172
|
69.97 USD |
|
3 years ago
Mar 29, 2021
|
Sell 20.8 K
USD
|
CAPP STEPHEN H
Executive Vice President, CFO
|
- 301
|
69.17 USD |
|
3 years ago
Mar 30, 2021
|
Sell 2.89 M
USD
|
CAPP STEPHEN H
Executive Vice President, CFO
|
- 43527
|
66.51 USD |
|
4 years ago
Jan 26, 2021
|
Sell 12 M
USD
|
Standard General L.P.
Director
|
- 220304
|
54.5 USD |
|
4 years ago
Jan 26, 2021
|
Sell 12 M
USD
|
Standard General L.P.
director, 10 percent owner:
|
- 220304
|
54.5 USD |
|
4 years ago
Jan 04, 2021
|
Sell 241 K
USD
|
ROLLINS JEFFREY W
Director
|
- 5000
|
48.291 USD |
|
4 years ago
Jan 04, 2021
|
Sell 241 K
USD
|
ROLLINS JEFFREY W
Director
|
- 5000
|
48.291 USD |
|
4 years ago
Dec 21, 2020
|
Sell 222 K
USD
|
ROLLINS JEFFREY W
Director
|
- 5000
|
44.482 USD |
|
4 years ago
Dec 01, 2020
|
Sell 221 K
USD
|
ROLLINS JEFFREY W
Director
|
- 5000
|
44.24 USD |
|
4 years ago
Nov 16, 2020
|
Sell 135 K
USD
|
ROLLINS JEFFREY W
Director
|
- 4500
|
30 USD |
|
4 years ago
Nov 09, 2020
|
Sell 15 K
USD
|
ROLLINS JEFFREY W
Director
|
- 500
|
30 USD |
|
4 years ago
Oct 06, 2020
|
Sell 21.1 K
USD
|
Standard General L.P.
director, 10 percent owner:
|
- 800
|
26.4054 USD |
|
4 years ago
Oct 07, 2020
|
Sell 6.98 M
USD
|
Standard General L.P.
director, 10 percent owner:
|
- 273650
|
25.5029 USD |
|
4 years ago
Feb 18, 2020
|
Sell 14.5 M
USD
|
Standard General L.P.
director, 10 percent owner:
|
- 512047
|
28.34 USD |
|
4 years ago
Feb 12, 2020
|
Sell 150 K
USD
|
ROLLINS JEFFREY W
Director
|
- 5000
|
30.09 USD |
|
5 years ago
Dec 19, 2019
|
Sell 253 K
USD
|
ROLLINS JEFFREY W
Director
|
- 10000
|
25.274 USD |
|
5 years ago
Aug 22, 2019
|
Bought
132 K USD
|
CAPP STEPHEN H
Executive Vice President, CFO
|
+ 6000
|
21.95 USD |
|
5 years ago
Aug 23, 2019
|
Bought
6.15 K USD
|
CAPP STEPHEN H
Executive Vice President, CFO
|
+ 280
|
21.95 USD |
|
5 years ago
Aug 22, 2019
|
Bought
59.7 K USD
|
CAPP STEPHEN H
Executive Vice President, CFO
|
+ 2720
|
21.95 USD |
|
5 years ago
Jul 09, 2019
|
Sell 823 K
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 28402
|
28.9884 USD |
|
5 years ago
Jul 10, 2019
|
Sell 892 K
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 31000
|
28.7749 USD |
|
5 years ago
Jul 11, 2019
|
Sell 13.1 M
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 470140
|
27.8288 USD |
|
5 years ago
Jul 01, 2019
|
Sell 1.76 M
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 59390
|
29.6222 USD |
|
5 years ago
Jul 02, 2019
|
Sell 4.51 M
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 154527
|
29.1758 USD |
|
5 years ago
Jun 26, 2019
|
Sell 3.31 M
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 108863
|
30.4136 USD |
|
5 years ago
Jun 27, 2019
|
Sell 1.06 M
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 34858
|
30.3994 USD |
|
5 years ago
Jun 28, 2019
|
Sell 15.1 M
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 505517
|
29.7879 USD |
|
5 years ago
Jun 20, 2019
|
Sell 7.35 M
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 240627
|
30.5501 USD |
|
5 years ago
Jun 20, 2019
|
Sell 1.57 M
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 50741
|
31.0058 USD |
|
5 years ago
Jun 21, 2019
|
Sell 2.19 M
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 71717
|
30.5587 USD |
|
5 years ago
Jun 24, 2019
|
Sell 2.27 M
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 75000
|
30.25 USD |
|
5 years ago
Apr 17, 2019
|
Bought
65.6 K USD
|
Chatham Asset Management, LLC
10 percent owner
|
+ 2000
|
32.8 USD |
|
5 years ago
Apr 17, 2019
|
Sell 1.65 M
USD
|
Chatham Asset Management, LLC
10 percent owner
|
- 50000
|
33 USD |
|
5 years ago
Apr 10, 2019
|
Bought
832 K USD
|
Chatham Asset Management, LLC
10 percent owner
|
+ 26003
|
32 USD |
|
5 years ago
Apr 05, 2019
|
Bought
1.25 M USD
|
Chatham Asset Management, LLC
10 percent owner
|
+ 40100
|
31.25 USD |
|
5 years ago
Apr 04, 2019
|
Bought
1.24 M USD
|
Chatham Asset Management, LLC
10 percent owner
|
+ 40000
|
31.02 USD |
|
5 years ago
Apr 03, 2019
|
Bought
76.4 K USD
|
Chatham Asset Management, LLC
10 percent owner
|
+ 2500
|
30.54 USD |
|
5 years ago
Apr 02, 2019
|
Bought
258 K USD
|
Chatham Asset Management, LLC
10 percent owner
|
+ 8293
|
31.13 USD |
|
5 years ago
Apr 04, 2019
|
Sell 15.5 K
USD
|
Solus Alternative Asset Management LP
10 percent owner
|
- 500
|
31.052 USD |
|
5 years ago
Apr 04, 2019
|
Sell 3.56 M
USD
|
Solus Alternative Asset Management LP
10 percent owner
|
- 115000
|
31 USD |
|
5 years ago
Apr 01, 2019
|
Sell 388 K
USD
|
Solus Alternative Asset Management LP
10 percent owner
|
- 12500
|
31 USD |
|
5 years ago
Apr 02, 2019
|
Sell 18.9 K
USD
|
Solus Alternative Asset Management LP
10 percent owner
|
- 600
|
31.5 USD |
|
5 years ago
Apr 02, 2019
|
Sell 301 K
USD
|
Solus Alternative Asset Management LP
10 percent owner
|
- 9683
|
31.0579 USD |
|
5 years ago
Apr 02, 2019
|
Sell 171 K
USD
|
Solus Alternative Asset Management LP
10 percent owner
|
- 5500
|
31.06 USD |
|
5 years ago
Apr 03, 2019
|
Sell 12.4 K
USD
|
Solus Alternative Asset Management LP
10 percent owner
|
- 400
|
31 USD |
|
5 years ago
Apr 01, 2019
|
Bought
2.01 M USD
|
Chatham Asset Management, LLC
10 percent owner
|
+ 65000
|
30.99 USD |
|
5 years ago
Mar 29, 2019
|
Bought
361 K USD
|
Chatham Asset Management, LLC
10 percent owner
|
+ 12251
|
29.48 USD |
|
5 years ago
Mar 28, 2019
|
Bought
1.41 K USD
|
Chatham Asset Management, LLC
10 percent owner
|
+ 14052
|
0.1 USD |
7. News
Bally's Corporation Announces Completion of Second Rollover Election Period
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY; BALY.T) (“Bally's” or the “Company”) today announced the completion of the second election period for holders of shares of Bally's common stock, par value $0.01, to submit an election (a “Rolling Share Election”) to have such shares remain outstanding following the completion of the transactions contemplated by the Agreement and Plan of Merger, dated as of July 25, 2024 (as amended, the “Merger Agreement”), by and among SG Pare.
businesswire.com
- 1 week ago
Powell Plays Grinch
U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%.
seekingalpha.com
- 1 month ago
Bally's Corporation Announces New Rollover Election Period
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY; BALY.T) (“Bally's” or the “Company”) today announced the opening of a new election period for holders of shares of Bally's common stock, par value $0.01 per share, to submit an election (a “Rolling Share Election”) to have such shares remain outstanding following the completion of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of July 25, 2024 (as amended, the “Merger Agreement”), by and am.
businesswire.com
- 1 month ago
New Strong Sell Stocks for December 10th
BALY, ENPH and ICLR have been added to the Zacks Rank #5 (Strong Sell) List on December 10, 2024.
zacks.com
- 1 month ago
New Strong Sell Stocks for November 29th
BALY, BAX and CENTA have been added to the Zacks Rank #5 (Strong Sell) List on November 29, 2024.
zacks.com
- 2 months ago
BALY Receives Shareholders' Nod for the Queen Casino Buyout
Bally's merger with The Queen Casino paves a path for geographic diversity and market opportunities for enhanced revenues and long-term value creation.
zacks.com
- 2 months ago
Bally's Corporation Stockholders Approve Merger Agreement With Affiliate of Standard General L.P.
PROVIDENCE, R.I.--(BUSINESS WIRE)--Bally's Corporation (NYSE: BALY) (“Bally's” or the “Company”) announced that at its Special Meeting of Stockholders held on November 19, 2024, its stockholders, including its unaffiliated stockholders, approved the adoption of its previously announced definitive merger agreement with The Queen Casino & Entertainment Inc. (“Queen”), a portfolio company majority-owned by the Company's largest stockholder, Standard General L.P. At the Special Meeting, the Com.
businesswire.com
- 2 months ago
New Strong Sell Stocks for November 18th
ATI, BALY and KOF have been added to the Zacks Rank #5 (Strong Sell) List on November 18, 2024.
zacks.com
- 2 months ago
BALLY'S INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bally's Corporation - BALY
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Bally's Corporation (NYSE: BALY) to Standard General L.P. Under the terms of the proposed transaction, shareholders of Bally's will receive $18.25 in cash for each share of Bally's that they own. In lieu of receiving the cash consideration, Bally's shareholders may elect to retain all or a portion of their Bal.
businesswire.com
- 2 months ago
Bally's (BALY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Bally's (BALY) 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
- 2 months ago
Bally's Corporation (BALY) Reports Q3 Loss, Misses Revenue Estimates
Bally's Corporation (BALY) came out with a quarterly loss of $1.99 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $1.15 per share a year ago.
zacks.com
- 2 months ago
Bally's Corporation (BALY) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Bally's (BALY) 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
- 3 months ago
8. Profile
Summary
Bally's Corporation BALY
COUNTRY
US
INDUSTRY
Gambling, Resorts & Casinos
MARKET CAP
$ 740 M
Dividend Yield
0.00%
Description
Bally’s Corporation is a global casino-entertainment company with a growing omni-channel presence, currently owning and managing 15 casinos across 10 states, a golf course in New York, a horse racetrack in Colorado, and having access to OSB licenses in 18 states. The recent acquisition of Aspers Casino in Newcastle, UK, further expands its international footprint and enhances its diverse entertainment offerings. It also owns Bally’s Interactive International, formerly Gamesys Group, a leading, global, interactive gaming operator, Bally Bet, a first-in-class sports betting platform, and Bally Casino, a growing iCasino platform. With 10,600 employees, the Company’s casino operations include approximately 15,300 slot machines, 580 table games, and 3,800 hotel rooms. Bally’s also has rights to developable land in Las Vegas post the closure of the Tropicana. Upon completion of the announced merger with The Queen Casino & Entertainment Inc. (“Queen”), the above portfolio is expected to be supplemented with four additional casinos across three states, one of which will be an additional state that expands Bally’s jurisdiction of operations to include the state of Iowa. Queen will also add over 900 employees, and operations that currently include approximately 2,400 slot machines, 50 table games, and 150 hotel rooms to the Bally’s portfolio. Bally’s will also become the successor of Queen’s significant economic stake in a global lottery management and services business through its investment in Intralot S.A. (ATSE: INLOT).
Contact
100 Westminster Street, Providence, RI, 02903
https://www.ballys.com
IPO
Date
March 29, 2019
Employees
10600
Officers
Mr. Craig L. Eaton
President of Rhode Island Operations & Corporate Secretary
Mr. Robeson Mandela Reeves
Chief Executive Officer & Director
Jeff Chalson
Vice President of Corporate Development & Strategy
Mr. Marcus Glover
Executive Vice President & Chief Financial Officer
Mr. George T. Papanier CPA
President & Director
Ms. Kimberly Marie Barker Lee
Executive Vice President & Chief Legal Officer
Charles Diao
Senior Vice President of Finance & Corporate Treasurer