Brokers Offer Predictions for Golden Entertainment, Inc.’s Q1 2025 Earnings (NASDAQ:GDEN)

Golden Entertainment, Inc. (NASDAQ:GDEN) – Stock analysts at B. Riley issued their Q1 2025 earnings estimates for Golden Entertainment in a research note issued on Thursday, April 25th. B. Riley analyst D. Bain expects that the company will post earnings per share of $0.32 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 equities research analysts have also recently issued reports about the stock. StockNews.com cut shares of Golden Entertainment from a “buy” rating to a “hold” rating in a research report on Monday, March 4th. Truist Financial dropped their price objective on 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 lowered their price objective 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 Price Performance

NASDAQ GDEN opened at $32.74 on Monday. The firm’s 50 day moving average is $34.83 and its 200-day moving average is $36.58. The company has a quick ratio of 2.30, a current ratio of 2.35 and a debt-to-equity ratio of 1.22. The company has a market capitalization of $947.82 million, a PE ratio of 3.95 and a beta of 2.25. Golden Entertainment has a 12-month low of $30.38 and a 12-month high of $47.49.

Golden Entertainment (NASDAQ:GDEN) last posted its quarterly earnings data 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 net margin of 24.28% and a return on equity of 6.40%. The company had revenue of $230.69 million during the quarter, compared to the consensus estimate of $228.75 million.

Golden Entertainment Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Monday, March 18th were paid a $0.25 dividend. The ex-dividend date was Friday, March 15th. This represents a $1.00 annualized dividend and a dividend yield of 3.05%. Golden Entertainment’s dividend payout ratio (DPR) is presently 12.08%.

Institutional Investors Weigh In On Golden Entertainment

Several institutional investors have recently made changes to their positions in GDEN. Principal Financial Group Inc. raised its stake in Golden Entertainment by 0.9% in the first quarter. Principal Financial Group Inc. now owns 620,654 shares of the company’s stock valued at $22,859,000 after purchasing an additional 5,446 shares in the last quarter. New York State Teachers Retirement System increased its stake in Golden Entertainment by 6.7% in the first quarter. New York State Teachers Retirement System now owns 6,272 shares of the company’s stock valued at $231,000 after acquiring an additional 394 shares during the last quarter. Inscription Capital LLC bought a new position in Golden Entertainment in the first quarter valued at approximately $226,000. Gabelli Funds LLC increased its stake in shares of Golden Entertainment by 12.0% in the 4th quarter. Gabelli Funds LLC now owns 169,000 shares of the company’s stock valued at $6,748,000 after purchasing an additional 18,128 shares during the last quarter. Finally, RK Capital Management LLC lifted its position in shares of Golden Entertainment by 18.7% during the 4th quarter. RK Capital Management LLC now owns 210,100 shares of the company’s stock worth $8,389,000 after buying an additional 33,100 shares during the last quarter. 70.73% of the stock is currently owned by 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.