Bally's Corporation (BALY)

NYSE: BALY · IEX Real-Time Price · USD
25.77
+0.17 (0.66%)
Aug 12, 2022 4:00 PM EDT - Market closed
0.66%
Market Cap 1.23B
Revenue (ttm) 1.96B
Net Income (ttm) -68.65M
Shares Out 47.90M
EPS (ttm) -1.07
PE Ratio n/a
Forward PE 45.87
Dividend n/a
Ex-Dividend Date n/a
Volume 313,156
Open 25.69
Previous Close 25.60
Day's Range 25.56 - 26.04
52-Week Range 17.54 - 55.03
Beta 2.01
Analysts Buy
Price Target 31.45 (+22.0%)
Earnings Date Aug 4, 2022

About BALY

Bally's Corporation, a gaming, hospitality, and entertainment company, engages in casinos and resorts, and online gaming businesses in the United States. The company operates through three segments: Casinos & Resorts, North America Interactive, and International Interactive. It offers physical and interactive entertainment and gaming experiences, including traditional casino offerings, iCasino, online bingo games, sportsbook, daily fantasy sports, and free-to-play games. The company owns and manages Twin River Hotel in Lincoln, Rhode Island; Ti... [Read more...]

Industry Hotels, Restaurants & Leisure
Founded 2004
Employees 10,000
Stock Exchange NYSE
Ticker Symbol BALY
Full Company Profile

Financial Performance

In 2021, Bally's's revenue was $1.32 billion, an increase of 254.74% compared to the previous year's $372.79 million. Losses were -$71.80 million, 1,208.5% more than in 2020.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for BALY stock is "Buy." The 12-month stock price forecast is 31.45, which is an increase of 22.04% from the latest price.

Price Target
$31.45
(22.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Bally's Corporation (BALY) Q2 Earnings Beat Estimates

Bally's (BALY) delivered earnings and revenue surprises of 28% and 8.20%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Bally's Corporation Announces Second Quarter 2022 Results

PROVIDENCE, R.I. , Aug. 4, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today reported financial results for the second quarter ended June 30, 2022.

Analysts Estimate Bally's Corporation (BALY) to Report a Decline in Earnings: What to Look Out for

Bally's (BALY) 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.

Bally's Announces Final Results of Tender Offer

PROVIDENCE, R.I. , July 27, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced the final results of its modified "Dutch Auction" tender offer, which expired at 12:00 midnight, New Yor...

Bally's Announces Preliminary Results of Tender Offer

PROVIDENCE, R.I. , July 25, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced the preliminary results of its modified "Dutch Auction" tender offer, which expired at 12:00 midnight, N...

Bally's To Report Second Quarter 2022 Results On August 4, 2022

PROVIDENCE, R.I. , July 20, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) will release financial results for the second quarter 2022 prior to the market opening on Thursday, August 4, 2022.

Bally's Agrees To Sell Real Property Assets Of Two Rhode Island Properties To Gaming And Leisure Properties For $1 Bi...

PROVIDENCE, R.I. , June 28, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that it has entered into a binding term sheet with GLP Capital, L.P.

Other symbols: GLPI

Best Value Stocks to Buy for June 28th

LPX, IMO, and BALY made it to the Zacks Rank #1 (Strong Buy) value stocks list on June 28, 2022.

Other symbols: IMOLPX

Why Bally's Shares Are Surging Today

Bally's Corp (NYSE: BALY) has launched a modified "Dutch auction" tender offer to purchase its common shares for cash at not less than $19.25/share and not more than $22/share, with a maximum purchase p...

Bally's launches tender offer to buy back up to nearly 19% of its stock

Shares of Bally's Corp. BALY, -3.03% jumped 7.4% in premarket trading Friday, after the casino and entertainment company said it has launched a tender offer to repurchase it shares at prices between $19...

Bally's Commences Modified Dutch Auction Tender Offer To Purchase Up To $190 Million Of Its Outstanding Common Shares

PROVIDENCE, R.I. , June 24, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that it has commenced a modified "Dutch auction" tender offer to purchase its common shares for cash at ...

4 Hotel Stocks to Buy as Americans Go Holidaying This Summer

People are desperate to go on vacations this summer, helping stocks like Marriott International (MAR), Choice Hotels International (CHH), Playa Hotels & Resorts N.V. (PLYA) and Bally's Corporation (BALY).

Other symbols: CHHMARPLYA

Casino stocks are taking a hit as consumers struggle with inflation and recession fears

Casino stocks have underperformed the S&P 500 as consumers grapple with the highest inflation rates since the early 1980s.

Other symbols: CZRMGMPENNRRR

Is Bally's (BALY) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Top 5 U.S.-Focused Stocks to Tap Higher Interest Rate Forecast

We have narrowed our search to five domestic business-oriented U.S. stocks that have solid potential for the rest of 2022. These are: VST, BOOT, MTH, JILLL, BALY.

Other symbols: BOOTJILLMTHVST

Wall Street Analysts Believe Bally's (BALY) Could Rally 64%: Here's is How to Trade

The consensus price target hints at a 64.5% upside potential for Bally's (BALY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate re...

Americans Making the Most of Summer Travel Season

This is gearing up to be a solid summer travel season.

Other symbols: DALLUVMARPLYA

UNITE HERE Local 54 Launches Atlantic City Travel Alert Website in Advance of Possible Labor Dispute

ATLANTIC CITY, N.J.--(BUSINESS WIRE)---- $BALY--Today UNITE HERE Local 54 launched a website to alert travelers to a potential labor dispute in Atlantic City. As the industry's gaming operating profits ...

Bally's Chicago Selected As Preferred Bidder For City's Casino

World-Class and Flagship Destination Property to Serve as Major Economic Driver, Showcasing Chicago's Diverse Culture Bally's to Continue Collaborating with the City Council, the Chicago Federation of L...

Bally's Corporation (BALY) Reports Q1 Loss, Misses Revenue Estimates

Bally's (BALY) delivered earnings and revenue surprises of 46.51% and 4.90%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Bally's Corporation Announces First Quarter 2022 Results

PROVIDENCE, R.I. , May 5, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today reported financial results for the first quarter ended March 31, 2022.

Bally's Provides Update On Strategic Review and Capital Return Program

PROVIDENCE, R.I. , May 5, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced that a special committee of its board of directors has terminated consideration of Standard General's prop...

How Much Upside is Left in Bally's (BALY)? Wall Street Analysts Think 128%

The mean of analysts' price targets for Bally's (BALY) points to a 128% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in...

Bally's Corporation (BALY) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Bally's (BALY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

9 Sin Stocks For Your Watchlist: Alcohol, Cannabis & Casinos

Here are the nine sin stocks (alcohol stocks, cannabis stocks, gambling stocks, sports betting stocks, etc.) to keep on your radar: MGM: More Than a Casino Stock You could say that MGM Resorts Internati...