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Boyd Gaming Corp stock reached an all-time high of 87.82 USD, marking a significant milestone for the company. According to InvestingPro data, the company maintains impressive gross profit margins of 61.3% and currently trades at an attractive P/E ratio of 13.5x relative to its growth prospects. Over the past year, the stock has experienced a robust growth of 48.4%, reflecting strong investor confidence and positive market sentiment surrounding the company’s performance. This surge in stock price underscores Boyd Gaming’s successful strategies and its resilience in the competitive gaming and hospitality industry. The company’s ability to reach such heights is supported by its "GOOD" Financial Health score from InvestingPro, which also reveals 12 additional investment tips and a comprehensive Pro Research Report analyzing the company’s future prospects.
In other recent news, Boyd Gaming Corporation reported robust financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $1.87, exceeding the forecast of $1.65 by 13.33%. Additionally, Boyd Gaming’s revenue reached $1.03 billion, outperforming the anticipated $979.42 million. In a significant development, Boyd Gaming completed the sale of its 5% equity interest in FanDuel Group to Flutter Entertainment for $1.758 billion in cash. The proceeds from this transaction are intended for debt reduction and strategic investments. Furthermore, Boyd Gaming’s Board of Directors declared a quarterly cash dividend of $0.18 per share, payable on October 15, 2025, to shareholders of record as of September 15, 2025. These announcements reflect Boyd Gaming’s ongoing efforts to maintain a strong financial position and return capital to shareholders.
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