Golden Entertainment, Inc. (GDEN)

Golden Entertainment's stock price has experienced notable events in the past six months. After reporting Q2 2025 earnings on August 7, 2025, GDEN shares declined by 5.8% the next day, closing at $25.22, due to weaker demand on the Las Vegas Strip and lower table game hold in Laughlin. The stock has decreased by 5.57% in the past month and 21.60% over the last 12 months, with a year-to-date return of -24.40%. On October 26, 2025, Weiss Ratings upgraded Golden Entertainment from a "sell" to a "hold" rating. Multiple analysts have lowered their price targets for GDEN, with a consensus target price of $32.40. The company declared a cash dividend of $0.25 per share with an ex-dividend date of September 25, 2025.

The gaming and hospitality industry, in which Golden Entertainment operates, is generally influenced by seasonal travel patterns, holidays, and major events. Las Vegas properties attract an international clientele, subject to seasonal tourism trends. Local casinos and taverns might experience different seasonal fluctuations based on local community activities and holiday periods.

Golden Entertainment, Inc. (GDEN) is a diversified entertainment company in the gaming and hospitality industry, operating casinos, video gaming routes, and taverns. Its major offerings include casinos, resorts, taverns, slot machines, table games, hotel rooms, food and beverage, and entertainment venues. The company operates through Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming segments, with notable properties like The STRAT Hotel, Casino & SkyPod in Las Vegas, and Arizona Charlie's. The distributed gaming business operates slot machines in non-casino locations, and the company runs taverns under the PT's Entertainment Group brand.

Golden Entertainment's operations are primarily in the United States, with a significant presence in Nevada, including Las Vegas, Laughlin, and Pahrump. Following the sale of its Maryland and Montana properties in July 2023, its operations are now focused within Nevada. The STRAT attracts an international clientele, giving it a global reach.

Golden Entertainment focuses on customer experience and innovation within the gaming and entertainment sector. The sale of non-core assets in 2023 aimed to strengthen the balance sheet and create strategic flexibility, potentially influencing investor perception and brand reputation positively. The company's local Nevada casinos have shown resilient community demand, suggesting a positive local brand perception.

Institutional investors own 70.73% of Golden Entertainment's stock, with major holders including GAMCO Investors, Inc., State Street Global Advisors, Inc., and DePrince, Race & Zollo, Inc. Individuals own 25.89% of the company. Blake Sartini, the CEO, owns 35% of the company, and Lyle Berman owns 11%.