YOLFTbeta
Bally's Corp

Bally's Corp

BALY · NYSE · Consumer Cyclical / Resorts & Casinos

11.12USD-0.42 (-3.64%)

Price History

Full chart

Market Stats

Previous Close11.54
Open11.47
Day Range10.75 – 11.87
52-Week Range8.44 – 20.74
Volume61.64K
Market Cap709.10M
P/E (TTM)0.00
Forward P/E45.87
EPS-12.75
Dividend Yield0.00%
Beta2.05
50-Day Avg11.69
200-Day Avg13.30

About

Bally's Corporation is a fast-growing global entertainment brand with 20 casinos across 11 U.S. states and one casino in Newcastle, UK, along with a golf course in New York and horse racetracks in Colorado and forthcoming in Wyoming. Bally's also owns Bally Bet, a first-in-class sports betting and iGaming platform licensed in 16 jurisdictions in North America. Bally's holds a majority interest in Bally's Intralot S.A., a leading lottery solutions supplier and gaming operator active in 39 jurisdictions worldwide. Bally's casino operations include approximately 17,700 slot machines, 630 table games, and 3,950 hotel rooms. Bally's also has rights to developable land in Las Vegas at the site of the former Tropicana Las Vegas, has been awarded a license to build a full-scale casino and resort in The Bronx, New York, and an integrated destination resort in Chicago, Illinois. Bally's is the first publicly traded gaming company to achieve Minority Business Enterprise (MBE) certification through the National Minority Supplier Development Council (NMSDC). Bally's has over 12,000 employees across the world, recognized for their innovation, energy, and dedication to creating thrilling gaming experiences. Bally's Corporation was incorporated in 2004 and is based in Providence, United States. The firm is incorporated in Delaware.

Company Details

  • SectorConsumer Cyclical
  • IndustryResorts & Casinos
  • CEOMr. Robeson Mandela Reeves
  • Employees11.70K
  • Headquarters100 Westminister Street, Providence, RI, United States, 02903, USA
  • Websitehttps://www.ballys.com

Leadership

  • Mr. Soohyung J. H. KimExecutive Chairman of the Board · b. 1975
  • Mr. Robeson Mandela ReevesCEO & Director · b. 1984
  • Mr. Terrence DowneyHead of Global Operations · b. 1955
  • Ms. Kimberly Marie Barker LeeExecutive VP & Chief Legal Officer · b. 1968
  • Ms. Vladimira Donkova MirchevaExecutive Officer · b. 1979
  • Mr. Craig L. EatonPresident of Rhode Island Operations & Corporate Secretary · b. 1965

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue414.82M421.05M437.54M523.58M372.79M1.32B2.26B2.45B2.45B2.66B
Growth (%)-+1.50%+3.91%+19.66%-28.80%+254.74%+70.57%+8.57%+0.06%+8.42%
Cost of Revenue123.54M119.64M135.24M185.17M138.67M535.08M1.01B1.11B1.12B1.52B
Gross Profit291.27M301.42M302.30M338.40M234.12M787.36M1.25B1.34B1.33B1.14B
Gross Margin70.22%71.59%69.09%64.63%62.80%59.54%55.26%54.87%54.17%42.96%
Operating Expense178.82M177.69M181.65M223.78M252.51M641.44M1.08B1.24B1.59B1.11B
Operating Income112.46M123.72M120.65M114.63M-18.39M145.92M169.68M104.01M-258.33M28.77M
Operating Margin27.11%29.38%27.57%21.89%-4.93%11.03%7.52%4.25%-10.54%1.08%
EBITDA142.56M145.93M156.34M158.00M25.67M143.64M54.86M310.23M341.30M344.23M
EBITDA Margin34.37%34.66%35.73%30.18%6.89%10.86%2.43%12.67%13.93%12.96%
Net Income44.84M62.25M71.44M55.13M-5.49M-114.70M-425.55M-187.50M-567.75M-701.10M
Net Income Margin10.81%14.78%16.33%10.53%-1.47%-8.67%-18.87%-7.66%-23.17%-26.39%
Interest Expense26.58M22.81M23.02M39.83M62.64M117.92M208.77M277.56M310.35M400.80M
Interest Expense % of Total Revenue6.41%5.42%5.26%7.61%16.80%8.92%9.26%11.33%12.66%15.09%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets640.89M718.13M782.35M1.02B1.93B6.55B6.30B6.86B5.86B11.23B
Total Liabilities525.32M541.33M483.69M810.48M1.60B4.94B5.49B6.23B5.83B8.69B
Total Equity115.57M176.80M298.66M211.41M326.60M1.61B805.82M635.43M30.90M994.66M
Cash55.36M85.81M77.58M182.58M123.44M206.19M212.51M163.19M171.23M798.42M
Total Debt414.99M391.20M394.17M700.83M1.16B3.98B4.52B5.07B4.94B6.43B
Net Debt359.63M305.39M316.59M518.25M1.04B3.77B4.31B4.90B4.77B5.64B

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow70.69M107.83M109.24M94.10M19.50M82.75M270.97M188.61M114.00M-91.20M
Investing Cash Flow-12.18M-47.48M-117.60M-38.92M-444.85M-2.30B-302.92M-207.79M97.83M1.82B
Financing Cash Flow-85.87M-28.93M-3.43M48.90M366.40M2.40B43.24M65.75M-287.84M-1.04B
Capital Expenditure10.02M47.85M128.89M28.24M15.78M162.73M412.26M311.48M199.83M184.29M
Free Cash Flow60.67M59.98M-19.65M65.86M3.72M-79.98M-141.28M-122.87M-85.83M-275.49M
Dividends Paid-7.54M640.00K7.54M3.20M3.84B0---
FCF to OCF85.82%55.62%-17.98%69.99%19.07%-96.65%-52.14%-65.14%-75.29%302.08%
Dividend Paid to FCF-12.57%-3.26%11.45%86.15%-4798.26%0.00%---

Earnings

Report DateMay 14, 2019Aug 12, 2019Nov 14, 2019Mar 3, 2020May 13, 2020Aug 11, 2020Oct 29, 2020Mar 4, 2021May 10, 2021Aug 9, 2021Nov 4, 2021Feb 24, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 23, 2023May 9, 2023Aug 3, 2023Nov 1, 2023Feb 21, 2024May 1, 2024Jul 31, 2024Nov 6, 2024Mar 17, 2025Apr 29, 2025Aug 11, 2025Nov 12, 2025Mar 23, 2026May 19, 2026Aug 14, 2026Nov 11, 2026
EPS Estimate0.530.540.400.420.24-0.930.12-0.080.280.580.440.51-0.140.090.240.02-0.27-0.160.07-0.53-0.32-0.95-0.17-0.53-1.01-0.36-0.83-0.75-0.62-2.10-2.10
EPS Actual0.590.510.270.42-0.07-0.790.320.520.280.480.18-1.38-0.150.220.12-0.42-0.18-0.20-1.06-2.29-3.13-0.55-0.33-1.751.47-0.77-3.85-0.87-2.00-2.41-
Surprise11.32%-5.56%-32.50%0.00%-129.17%15.05%166.67%750.00%0.00%-17.24%-59.09%-370.59%-7.14%144.44%-50.00%-2200.00%33.33%-25.00%-1614.29%-332.08%-878.13%42.11%-94.12%-230.19%245.27%-113.89%-363.86%-16.00%-222.13%-14.76%-
TimingAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-market-After-hours-

Key Statistics & Ratios

Market Cap709.10M
Enterprise Value7.13B
Trailing P/E0.00
Forward P/E45.87
Price / Sales0.24
Price / Book0.96
EPS-12.75
Book Value13.16
Revenue (TTM)2.96B
Gross Profit (TTM)1.71B
EBITDA354.24M
Profit Margin-25.83%
Operating Margin-0.83%
Return on Equity-56.64%
Return on Assets-0.06%
Shares Outstanding50.47M
Shares Float11.67M
Beta2.05
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 5 analystsTarget 9.33
  • Hold
    5

Ownership Breakdown

Institutions
75.53%
Insiders
12.50%
Retail / Other
11.97%

Top Institutional Holders

  • Standard General LP
    32.48M64.36%
  • Whitefort Capital Management, LP.
    2.41M4.77%
  • BlackRock Inc
    580.99K1.15%
  • Vanguard Capital Management, LLC
    530.79K1.05%
  • Sessa Capital, L.P
    447.80K0.89%
  • Rathbone Brothers PLC
    350.19K0.69%
  • Geode Capital Management, LLC
    192.37K0.38%
  • State Street Corp
    126.31K0.25%
  • Jb Capital Partners LP
    108.91K0.22%
  • Northern Trust Corp
    66.30K0.13%
  • REGATTA CAPITAL GROUP LLC
    63.41K0.13%
  • Charles Schwab Investment Management Inc
    59.09K0.12%
  • Vanguard Portfolio Management, LLC
    57.38K0.11%
  • Vanguard Fiduciary Trust Co
    56.94K0.11%
  • The Goldman Sachs Group Inc
    55.65K0.11%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    453.56K0.90%
  • iShares Russell 2000 ETF
    263.01K0.52%
  • Fidelity Small Cap Index
    109.93K0.22%
  • iShares Russell 2000 Value ETF
    86.88K0.17%
  • Vanguard Russell 2000 ETF
    58.94K0.12%

Dividends

20201×
0.10Mar 5, 2020
20192×
0.10Oct 11, 20190.10Jul 8, 2019