Golden Entertainment (GDEN) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.18 per share a year ago.
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.
Golden Entertainment remains a 'Buy' despite near-term Nevada concentration risks, with a trimmed price target of $28 and long-term upside to $32. Q2 results showed resilience: gaming revenue held up, and Locals outperformed, even as tourism and F&B segments lagged due to softer Strip traffic. Shareholder returns are robust—4% dividend yield plus aggressive buybacks could drive high-single to low-double digit total returns annually.
| Hotel & Resort REITs Industry | Real Estate Sector | Blake L. Sartini CEO | NASDAQ (NMS) Exchange | 381013101 CUSIP |
| US Country | 5,300 Employees | 22 Dec 2025 Last Dividend | 10 Sep 2014 Last Split | 4 Jan 1999 IPO Date |
Golden Entertainment, Inc. represents a broad-based entertainment company that has firmly established itself within the United States. Since its incorporation in 1998, the company has strategically diversified its operations to create a robust platform that caters to various entertainment needs. Part of its distinctive strategy includes operating across four key segments: Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. Headquartered in the vibrant city of Las Vegas, Nevada, Golden Entertainment is committed to providing exceptional entertainment experiences across all its properties and gaming operations.
Under the Nevada Casino Resorts segment, Golden Entertainment, Inc. manages a portfolio of premier casino resort destinations. These establishments offer a complete package of gaming, dining, entertainment, and hospitality experiences in some of the most sought-after locations in Nevada. The emphasis is on creating an unmatched experience that caters to both locals and visitors.
This segment is tailored towards providing gaming and entertainment solutions to the local population in Nevada. Golden Entertainment operates several local casinos designed to deliver the excitement and thrill of high-quality gaming closer to residents, complemented by dining and entertainment options that resonate with the local community's preferences.
Golden Entertainment’s Nevada Taverns operate with a focus on offering a cozy and friendly environment for socializing, casual dining, and gaming. These taverns are strategically located across Nevada, serving as convenient local spots where customers can enjoy a variety of games and a laid-back dining experience in a comfortable setting.
The Distributed Gaming segment illustrates Golden Entertainment's extension beyond traditional casino settings. Through this service, the company operates slot machines and other gaming devices in a wide array of non-casino locations, such as grocery stores, bars, and restaurants. This segment embodies the company's innovative approach to making gaming accessible in diverse settings, catering to an extensive audience across multiple venues.