buybacks and dividends<\/a>. Last year, Boyd allocated $600 million to shareholder rewards, buying back $107 million of its stock in the fourth quarter alone. The company said it has $239 million remaining on previously announced repurchase programs.<\/p>\nAs for the operator\u2019s Las Vegas locals and downtown casinos, that group is proving steady, though not necessarily overwhelming at the moment.<\/p>\n
“That segment is \u201cundemanding \u2026 nor have we changed our 2Q23-through-2024 estimates, and still see a relatively healthy and stable gaming consumer, with the only legitimate nit being the state of the low-end consumer,\u201d <\/strong>concluded Greff.<\/p>\n","protected":false},"excerpt":{"rendered":"Boyd Gaming (NYSE: BYD) stock is on a tear this year, soaring 20.92%. But there could be upside to that performance due to strength in regional casinos. In a note to clients Monday, JPMorgan analyst Joseph Greff reiterated an \u201coverweight\u201d rating on the Orleans operator, with a $75 price target. That implies upside of 13.65 […]<\/p>\n","protected":false},"author":46,"featured_media":224692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,81886],"tags":[81897,81903,23],"acf":[],"yoast_head":"\n
Boyd Gaming Stock Earns Kudos From JPMorgan Analyst<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n