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
Phone
702 893 7777
Website
Chart Image
× Enlarged Chart
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

20232022202120202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998
Operating Activities
Net Income255.76M82.35M161.78M-136.61M-39.55M-20.91M2.08M16.30M24.52M-24.85M18.65M3.16M-1.88M-13.84M3.70M-78.03M-13.60M19.84M-11.87M-4.04M-1.77M-10.93M-2.87M14.46M28.80M61.20M
Depreciation88.93M100.12M106.69M124.43M116.59M94.46M40.79M27.51M10.80M3.51M2.99M1.73M11.99M11.40M10.70M7.19M3.18M365,000469,000598,000547,000481,0001.33M2.91M1.90M1.80M
Deferred Taxes-17.74M-13.63M341,000432,000-1.51M10.38M-7.83M-4.33M-10.22M1.91M-1.91M4.88M1.37M604,000-2.44M-555,000580,000-4.49M9.19M-9.48M-300,0001.00M
Stock-Based Compensation12.81M12.88M13.84M9.53M10.05M9.64M8.75M3.88M809,000270,000478,000386,000610,000505,000445,000549,000
Other Non-Cash Items4.06M4.26M5.11M5.86M3.82M5.06M-126,000683,000525,000503,000-2.99M940,0004.00M-3.09M2.77M24.52M3.27M12.93M200,000
Accounts Receivable-128,000-4.88M-5.64M1.60M-2.45M1.48M-1.59M-3.41M1.11M3.99M3.57M-1.24M-239,000950,000-1.60M-24,000-303,000-1.03M-1.03M-922,0003.49M-3.31M3.24M9.60M-8.80M
Accounts Payable11.57M-4.92M-22.52M1.58M900,000517,000221,0001.77M-206,00030,000115,000
Other Assets & Liabilities-1.03M-5.60M-2.39M11.40M584,0001.38M-1.58M1.24M742,00084,0003.19M1.54M-13.70M-7.07M-636,000-2.81M4.63M-3.07M5.51M5.40M-7.80M2.25M-3.93M-2.15M-5.80M28.10M
Operating Cash Flow342.67M175.50M279.73M16.64M99.11M96.57M17.98M43.45M29.19M-19.96M26.53M13.10M-222,000-10.64M16.05M-45.18M-1.18M30.37M-9.36M375,000-9.36M-9.20M417,0008.98M34.40M83.30M
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-257,000-23,000-22,000-142,0007.99M-2.58M-18.96M4.73M30.42M-2.08M-92,000-47,000-23.10M-10.70M
Net Intangibles-1.13M-2.22M
Net Acquisitions352.40M-148.95M-724.47M-41.27M25.54M-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 Investments71.36M75.93M8.25M4.27M66.21M6.17M5.56M62.76M19.60M45.47M1.00M2.13M43.62M48.08M900,0004.80M
Investing Cash Flow266.92M-51.27M-28.89M-35.85M-256.05M-68.07M-753.97M-71.12M90.05M-2.15M-11.05M-15.37M-14.68M58.89M-18.77M-7.43M-7.68M-69.72M-31.37M-40.02M19.14M-23.62M1.99M-49.00M-69.30M-10.30M
Financing Activities
Long-Term Debt Issuance400.00M375.00M969.74M40.00M145.00M13.69M4.99M792,000
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-30.63M2.49M-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-2.35M396,000895,0001.14M114.85M4.11M-4,000
Financing Cash Flow-330.56M-177.47M-150.01M-209.00M-7.25M-4.57M741.77M9.65M-62.20M-1.62M12.94M-2.87M-5.08M-48.58M1.92M28.07M124.95M7.80M146,00035.99M874,00079,000500,000-51.90M
Other Cash Details
End Cash Position197.60M142.03M220.54M103.56M111.68M116.07M90.58M46.90M69.18M35.42M37.90M32.48M38.56M45.23M3.75M6.17M5.40M1.40M9.91M28.72M25.34M14.11M42.64M10.47M24.40M56.80M
Income Tax Paid38.68M19.71M84,000260,000170,00018,0007.06M8.66M1.61M1.25M
Interest Paid66.90M58.90M57.62M64.42M63.74M60.54M14.14M5.72M2.32M701,000678,000200,0001.95M1.51M
Free Cash Flow33.33M98.78M266.52M233,0006.64M28.64M-9.58M6.76M1.40M-3.23M-17.17M8.36M14.36M7.80M11.81M-46.67M-13.19M-26.04M-36.97M6.52M-10.13M-27,00030.62M34.95M13.40M74.60M

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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