Golden Entertainment, Inc.
Description
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. The company was incorporated in 1998 and is headquartered in Las Vegas, Nevada.
About
CEO
Mr. Blake L. Sartini Sr.
Employees
5,800
Instrument type
Common Stock
Sector
Consumer Cyclical
Industry
Resorts & Casinos
MIC code
XNMS
Address
6595 South Jones Boulevard, Las Vegas, NV 89118, United States
×
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 5, 2025 | — | — | — | — |
| Aug 7, 2025 | — | — | — | — |
| May 6, 2025 | — | — | — | — |
| Feb 26, 2025 | 0.23 | — | — | — |
| Nov 8, 2024 | 0.07 | 0.18 | 0.11 | 157.14% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 1 | — | 1 |
| Average estimate | — | 0.30 | — | 1.17 |
| Low estimate | — | 0.30 | — | 1.17 |
| High estimate | — | 0.30 | — | 1.17 |
| Last year EPS | — | — | — | 1.80 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-26.770%
Next qtr. (Mar 2025)
—
Current year
-71.160%
Next year (Dec 2025)
-35.000%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Analyst Ratings
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| Jan 16, 2025 |
JMP Securities
Jordan Bender
|
Reiterates | Market Outperform | Maintains $36 |
| Jan 3, 2025 |
Jefferies
Cassandra Lee
|
Maintains | Hold | ▲ Raises $31 → $32 |
| Dec 16, 2024 |
Wells Fargo
Zachary Silverberg
|
Initiates | Overweight | Announces $38 |
| Nov 25, 2024 |
JMP Securities
Jordan Bender
|
Maintains | Market Outperform | ▲ Raises $35 → $36 |
| Nov 8, 2024 |
Macquarie
Chad Beynon
|
Maintains | Outperform | ▼ Lowers $39 → $38 |
| Oct 23, 2024 |
Truist Securities
Barry Jonas
|
Maintains | Buy | ▼ Lowers $38 → $36 |
| Oct 14, 2024 |
JMP Securities
Jordan Bender
|
Maintains | Market Outperform | ▼ Lowers $36 → $35 |
| Oct 4, 2024 |
Macquarie
Chad Beynon
|
Maintains | Outperform | ▼ Lowers $41 → $39 |
| Sep 23, 2024 |
B. Riley Securities
David Bain
|
Maintains | Buy | ▼ Lowers $44 → $40 |
| Aug 9, 2024 |
JMP Securities
Jordan Bender
|
Maintains | Market Outperform | ▼ Lowers $39 → $36 |
| Aug 9, 2024 |
Truist Securities
Barry Jonas
|
Maintains | Buy | ▼ Lowers $40 → $38 |
| Aug 9, 2024 |
Macquarie
Chad Beynon
|
Maintains | Outperform | ▼ Lowers $44 → $41 |
| Jul 18, 2024 |
Truist Securities
Barry Jonas
|
Maintains | Buy | ▼ Lowers $43 → $40 |
| Jul 17, 2024 |
JMP Securities
Jordan Bender
|
Maintains | Market Outperform | ▼ Lowers $42 → $39 |
| May 9, 2024 |
Deutsche Bank
Carlo Santarelli
|
Maintains | Buy | ▼ Lowers $42 → $36 |
| Apr 23, 2024 |
Truist Securities
Barry Jonas
|
Maintains | Buy | ▼ Lowers $45 → $44 |
| Mar 15, 2024 |
Truist Securities
Barry Jonas
|
Initiates | Buy | Announces $45 |
| Mar 1, 2024 |
JMP Securities
Jordan Bender
|
Maintains | Market Outperform | ▼ Lowers $48 → $45 |
| Aug 1, 2023 |
JMP Securities
Jordan Bender
|
Maintains | Market Outperform | ▼ Lowers $56 → $51 |
| Jul 17, 2023 |
JMP Securities
|
Maintains | Market Outperform | — |
| May 12, 2023 |
Deutsche Bank
Carlo Santarelli
|
Maintains | Buy | ▼ Lowers $50 → $48 |
| Apr 17, 2023 |
JMP Securities
Jordan Bender
|
Reiterates | Market Outperform | Maintains $57 |
| Mar 30, 2023 |
JMP Securities
Jordan Bender
|
Reiterates | Market Outperform | Maintains $57 |
| Mar 2, 2023 |
JP Morgan
Omer Sander
|
Maintains | Overweight | ▲ Raises $51 → $53 |
| Mar 2, 2023 |
JMP Securities
Jordan Bender
|
Reiterates | Market Outperform | Maintains $57 |
| Jan 9, 2023 |
Jefferies
Cassandra Lee
|
Downgrade | Hold | Announces $43 |
| Dec 12, 2022 |
JMP Securities
Jordan Bender
|
Maintains | Market Outperform | ▼ Lowers $59 → $57 |
| Oct 20, 2022 |
CBRE
John DeCree
|
Reinstates | Buy | Announces $58 |
| Oct 17, 2022 |
JMP Securities
Jordan Bender
|
Maintains | Market Outperform | ▼ Lowers $62 → $59 |
| Sep 7, 2022 |
Jefferies
Cassandra Lee
|
Assumes | Buy | Announces $64 |
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 1.05B | 1.12B | 1.10B | 694.16M | 973.41M |
| Cost of revenue | 577.60M | 617.26M | 583.37M | 407.18M | 557.18M |
| Gross profit | 475.55M | 504.46M | 513.17M | 286.98M | 416.23M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 255.57M | 235.40M | 221.97M | 183.12M | 229.34M |
| Other operating expenses | 22.42M | 19.89M | 16.97M | 11.79M | 21.33M |
| Operating income | 108.64M | 149.04M | 167.55M | -32.36M | 48.97M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 65.52M | 63.49M | 62.85M | 69.11M | 74.22M |
| Other income expense | 288.84M | -2.69M | 57.52M | -35.08M | -16.17M |
| Pretax income | 331.96M | 82.87M | 162.21M | -136.55M | -41.42M |
| Tax provision | 76.21M | 521,000 | 436,000 | 61,000 | -1.88M |
| Net income | 255.76M | 82.35M | 161.78M | -136.61M | -39.55M |
| Basic EPS | 8.93 | 2.87 | 5.64 | -4.87 | -1.43 |
| Diluted EPS | 8.31 | 2.61 | 5.04 | -4.87 | -1.43 |
| Basic average shares | 28.65M | 28.66M | 28.71M | 28.08M | 27.75M |
| Diluted average shares | 28.65M | 28.66M | 28.71M | 28.08M | 27.75M |
| EBITDA | 197.57M | 249.17M | 334.24M | 92.07M | 165.56M |
| Net income from continuing op. | 255.76M | 82.35M | 161.78M | -136.61M | -39.55M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 1.45B | 1.51B | 1.62B | 1.57B | 1.74B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 157.55M | 136.89M | 220.54M | 103.56M | 111.68M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 16.95M | 20.50M | 18.72M | 13.71M | 16.25M |
| Other receivables | — | — | — | — | — |
| Inventory | 8.10M | 8.12M | 6.64M | 5.64M | 8.24M |
| Prepaid assets | 22.04M | 25.90M | 15.11M | 14.92M | 19.88M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | 204.27M | 39.56M | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 531,000 | 13.61M | 2.93M | 2.91M | 4.39M |
| Non current assets | |||||
| Properties | 92.48M | 193.57M | 221.73M | 214.55M | 226.88M |
| Land and improvements | 125.24M | 125.24M | 125.24M | 125.24M | 125.24M |
| Machinery furniture equipment | 190.05M | 244.74M | 246.32M | 246.29M | 222.94M |
| Construction in progress | 10.56M | 23.22M | 16.35M | 6.71M | 49.87M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -508.65M | -521.30M | -463.93M | -365.13M | -255.53M |
| Goodwill | 222.59M | 406.34M | 414.85M | 422.90M | 504.95M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 53.94M | 89.55M | 98.06M | 106.11M | 134.01M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 39.04M | 27.53M | 11.70M | 9.41M | 10.95M |
| Total liabilities | 914.55M | 1.16B | 1.30B | 1.41B | 1.45B |
| Current liabilities | |||||
| Accounts payable | 18.70M | 25.17M | 19.10M | 20.18M | 30.15M |
| Accrued expenses | 43.10M | 45.30M | 57.62M | 45.52M | 52.74M |
| Short term debt | 18.34M | 42.76M | 41.21M | 46.87M | 42.38M |
| Deferred revenue | — | — | — | 12.07M | 12.35M |
| Tax payable | 55.00M | 9.29M | 9.04M | 6.15M | 7.50M |
| Pensions | — | — | — | — | — |
| Other current liabilities | 39.23M | 10.19M | — | — | 2.73M |
| Non current liabilities | |||||
| Long term debt | 739.85M | 1.02B | 1.17B | 1.29B | 1.31B |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | 53,000 | 1.86M | 1.52M | 1.09M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 328,000 | 552,000 | 1.63M | 2.24M | 2.65M |
| Shareholders equity | |||||
| Common stock | 287,000 | 282,000 | 288,000 | 282,000 | 279,000 |
| Retained earnings | 61.48M | -127.42M | -158.58M | -309.74M | -172.18M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 537.73M | 352.92M | 319.54M | 161.26M | 289.74M |
| Additional paid in capital | 475.97M | 480.06M | 477.83M | 470.72M | 461.64M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | 255.76M | 82.35M | 161.78M | -136.61M | -39.55M | -20.91M | 2.08M | 16.30M | 24.52M | -24.85M | 18.65M | 3.16M | -1.88M | -13.84M | 3.70M | -78.03M | -13.60M | 19.84M | -11.87M | -4.04M | -1.77M | -10.93M | -2.87M | 14.46M | 28.80M | 61.20M |
| Depreciation | 88.93M | 100.12M | 106.69M | 124.43M | 116.59M | 94.46M | 40.79M | 27.51M | 10.80M | 3.51M | 2.99M | 1.73M | 11.99M | 11.40M | 10.70M | 7.19M | 3.18M | 365,000 | 469,000 | 598,000 | 547,000 | 481,000 | 1.33M | 2.91M | 1.90M | 1.80M |
| Deferred Taxes | -17.74M | -13.63M | 341,000 | 432,000 | -1.51M | 10.38M | -7.83M | -4.33M | -10.22M | — | — | — | — | 1.91M | -1.91M | 4.88M | 1.37M | 604,000 | -2.44M | -555,000 | 580,000 | -4.49M | 9.19M | -9.48M | -300,000 | 1.00M |
| Stock-Based Compensation | 12.81M | 12.88M | 13.84M | 9.53M | 10.05M | 9.64M | 8.75M | 3.88M | 809,000 | 270,000 | 478,000 | 386,000 | 610,000 | 505,000 | 445,000 | 549,000 | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 4.06M | 4.26M | 5.11M | 5.86M | 3.82M | 5.06M | -126,000 | 683,000 | 525,000 | 503,000 | -2.99M | 940,000 | 4.00M | -3.09M | 2.77M | 24.52M | 3.27M | 12.93M | — | — | — | — | — | — | 200,000 | — |
| Accounts Receivable | -128,000 | -4.88M | -5.64M | 1.60M | -2.45M | 1.48M | -1.59M | -3.41M | 1.11M | — | 3.99M | 3.57M | -1.24M | -239,000 | 950,000 | -1.60M | -24,000 | -303,000 | -1.03M | -1.03M | -922,000 | 3.49M | -3.31M | 3.24M | 9.60M | -8.80M |
| Accounts Payable | — | — | — | — | 11.57M | -4.92M | -22.52M | 1.58M | 900,000 | 517,000 | 221,000 | 1.77M | — | -206,000 | 30,000 | 115,000 | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -1.03M | -5.60M | -2.39M | 11.40M | 584,000 | 1.38M | -1.58M | 1.24M | 742,000 | 84,000 | 3.19M | 1.54M | -13.70M | -7.07M | -636,000 | -2.81M | 4.63M | -3.07M | 5.51M | 5.40M | -7.80M | 2.25M | -3.93M | -2.15M | -5.80M | 28.10M |
| Operating Cash Flow | 342.67M | 175.50M | 279.73M | 16.64M | 99.11M | 96.57M | 17.98M | 43.45M | 29.19M | -19.96M | 26.53M | 13.10M | -222,000 | -10.64M | 16.05M | -45.18M | -1.18M | 30.37M | -9.36M | 375,000 | -9.36M | -9.20M | 417,000 | 8.98M | 34.40M | 83.30M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -85.48M | -51.27M | -28.89M | -35.85M | -107.02M | -68.07M | -29.46M | -27.65M | -3.53M | -4.26M | -20.70M | -3.43M | -257,000 | -23,000 | -22,000 | -142,000 | 7.99M | -2.58M | -18.96M | 4.73M | 30.42M | -2.08M | -92,000 | -47,000 | -23.10M | -10.70M |
| Net Intangibles | — | — | — | — | — | -1.13M | -2.22M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | 352.40M | — | — | — | -148.95M | — | -724.47M | -41.27M | 25.54M | — | -836,000 | -11.29M | — | -223,000 | -12.69M | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | -25.14M | -73.89M | -57.40M | — | -12.21M | -5.73M | -12.23M | -7.31M | -64.73M | -48.20M | -42.45M | -29.94M | — | — | -12.71M | -52.80M | -36.80M | -800,000 |
| Sale of Investments | — | — | — | — | — | — | — | — | 71.36M | 75.93M | 8.25M | — | 4.27M | 66.21M | 6.17M | 5.56M | 62.76M | 19.60M | 45.47M | 1.00M | — | 2.13M | 43.62M | 48.08M | 900,000 | 4.80M |
| Investing Cash Flow | 266.92M | -51.27M | -28.89M | -35.85M | -256.05M | -68.07M | -753.97M | -71.12M | 90.05M | -2.15M | -11.05M | -15.37M | -14.68M | 58.89M | -18.77M | -7.43M | -7.68M | -69.72M | -31.37M | -40.02M | 19.14M | -23.62M | 1.99M | -49.00M | -69.30M | -10.30M |
| Financing Activities | ||||||||||||||||||||||||||
| Long-Term Debt Issuance | 400.00M | — | — | — | 375.00M | — | 969.74M | 40.00M | 145.00M | — | 13.69M | — | — | 4.99M | 792,000 | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -638.63M | -115.58M | -131.92M | -207.61M | -370.56M | -9.55M | -189.94M | -11.32M | -204.56M | -1.76M | -191,000 | — | -2.73M | -30.63M | 2.49M | -351,000 | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -25.08M | -10.69M | -7.48M | -449,000 | -11.75M | -1.04M | -8.20M | -500,000 | -2.80M | — | -1.33M | -2.87M | -2.35M | 396,000 | 895,000 | 1.14M | 114.85M | 4.11M | -4,000 | — | — | — | — | — | — | — |
| Financing Cash Flow | -330.56M | -177.47M | -150.01M | -209.00M | -7.25M | -4.57M | 741.77M | 9.65M | -62.20M | -1.62M | 12.94M | -2.87M | -5.08M | -48.58M | 1.92M | 28.07M | 124.95M | 7.80M | 146,000 | 35.99M | 874,000 | — | — | 79,000 | 500,000 | -51.90M |
| Other Cash Details | ||||||||||||||||||||||||||
| End Cash Position | 197.60M | 142.03M | 220.54M | 103.56M | 111.68M | 116.07M | 90.58M | 46.90M | 69.18M | 35.42M | 37.90M | 32.48M | 38.56M | 45.23M | 3.75M | 6.17M | 5.40M | 1.40M | 9.91M | 28.72M | 25.34M | 14.11M | 42.64M | 10.47M | 24.40M | 56.80M |
| Income Tax Paid | 38.68M | 19.71M | — | — | — | — | 84,000 | 260,000 | 170,000 | — | — | 18,000 | 7.06M | 8.66M | 1.61M | 1.25M | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 66.90M | 58.90M | 57.62M | 64.42M | 63.74M | 60.54M | 14.14M | 5.72M | 2.32M | 701,000 | 678,000 | — | — | 200,000 | 1.95M | 1.51M | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 33.33M | 98.78M | 266.52M | 233,000 | 6.64M | 28.64M | -9.58M | 6.76M | 1.40M | -3.23M | -17.17M | 8.36M | 14.36M | 7.80M | 11.81M | -46.67M | -13.19M | -26.04M | -36.97M | 6.52M | -10.13M | -27,000 | 30.62M | 34.95M | 13.40M | 74.60M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | Nov 30, 2024 | 1,368,187 | 44.92M | 4.99% |
| Davenport Small Cap Focus Fund | Sep 30, 2024 | 1,015,893 | 33.35M | 3.70% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 687,397 | 22.57M | 2.51% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 583,507 | 19.16M | 2.13% |
| Blair (William) Mutual Funds,Inc-Small Cap Value Fund | Nov 30, 2024 | 336,811 | 11.06M | 1.23% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 320,079 | 10.51M | 1.17% |
| EQ Advisors Trust-1290 VT Gamco Small Company Value Port | Sep 30, 2024 | 258,000 | 8.47M | 0.94% |
| Avantis U.S. Small Cap Value ETF | Nov 30, 2024 | 245,772 | 8.07M | 0.90% |
| Driehaus Event Driven Fund | Sep 30, 2024 | 224,040 | 7.36M | 0.82% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 206,471 | 6.78M | 0.75% |
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