BALY - Bally's Corporation Stock Price, Fair Value and News

13.12USD+0.11 (+0.85%)Market Closed

Market Summary

USD13.12+0.11

Market Closed

0.85%

BALY Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

BALY Stock Price

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BALY RSI Chart

BALY Valuation

Market Cap

531.2M

Price/Earnings (Trailing)

-0.98

Price/Sales (Trailing)

0.22

EV/EBITDA

63.75

Price/Free Cashflow

-5.37

BALY Price/Sales (Trailing)

BALY Profitability

EBT Margin

-26.10%

Return on Equity

-120%

Return on Assets

-8.13%

Free Cashflow Yield

-18.64%

BALY Fundamentals

BALY Revenue

Revenue (TTM)

2.5B

Rev. Growth (Yr)

3.3%

Rev. Growth (Qtr)

1.11%

BALY Earnings

Earnings (TTM)

-539.8M

Earnings Growth (Yr)

-197.52%

Earnings Growth (Qtr)

37.53%

Breaking Down BALY Revenue

Last 7 days

2.4%

Last 30 days

-2.6%

Last 90 days

19.2%

Trailing 12 Months

-15.8%

How does BALY drawdown profile look like?

BALY Financial Health

Current Ratio

0.61

Debt/Equity

8.14

Debt/Cashflow

0.05

BALY Investor Care

Dividend Yield

0.77%

Dividend/Share (TTM)

0.1

Buy Backs (1Y)

12.27%

Diluted EPS (TTM)

-10.39

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.5B	0	0	0
2023	2.3B	2.4B	2.4B	2.4B
2022	1.7B	2.0B	2.2B	2.3B
2021	455.9M	694.7M	892.9M	1.3B
2020	512.1M	397.8M	385.1M	372.8M
2019	453.4M	485.8M	504.6M	523.6M
2018	425.2M	429.3M	433.4M	437.5M
2017	0	0	0	421.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Bally's Corporation

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 18, 2024	kim soohyung	acquired	-	-	3,571	-
Mar 15, 2024	glover marcus	acquired	-	-	8,398	evp, chief financial officer
Mar 15, 2024	papanier george t.	sold (taxes)	-173,986	13.32	-13,062	president
Mar 15, 2024	eaton craig l	sold (taxes)	-12,947	13.32	-972	senior vp & secretary
Mar 15, 2024	reeves robeson	sold (taxes)	-223,590	13.32	-16,786	chief executive officer
Mar 15, 2024	papanier george t.	acquired	-	-	33,192	president
Mar 15, 2024	barker lee kim	acquired	-	-	5,525	evp, chief legal officer
Mar 15, 2024	glover marcus	sold (taxes)	-33,939	13.32	-2,548	evp, chief financial officer
Mar 15, 2024	reeves robeson	acquired	-	-	35,713	chief executive officer
Mar 15, 2024	eaton craig l	acquired	-	-	2,143	senior vp & secretary

Which funds bought or sold BALY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.3	-23,113	412,805	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-32.95	-1,063,960	2,164,620	-%
May 16, 2024	Ancora Advisors LLC	reduced	-19.48	-2,091	8,643	-%
May 16, 2024	COMERICA BANK	sold off	-100	-43,493	-	-%
May 15, 2024	AMUNDI	added	167	23,450	34,118	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-27.89	-14,943	38,628	-%
May 15, 2024	Royal Bank of Canada	reduced	-63.05	-108,000	63,000	-%
May 15, 2024	Hudson Bay Capital Management LP	new	-	1,024,670	1,024,670	0.01%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	4.48	146,370	3,417,110	0.07%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-90.55	-11,693,800	1,220,810	-%

Are Funds Buying or Selling BALY?

Are funds buying BALY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BALY

No. of Funds

Unveiling Bally's Corporation's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 19, 2024	standard general l.p.	26.4%	10,589,849	SC 13D/A
Mar 11, 2024	standard general l.p.	23.2%	10,589,849	SC 13D/A
Feb 14, 2024	hg vora capital management, llc	0.0%	0	SC 13G/A
Feb 02, 2024	blackrock inc.	9.5%	4,352,160	SC 13G/A
Feb 14, 2023	hg vora capital management, llc	6.9%	3,250,000	SC 13G
Aug 15, 2022	hayden noel	10.34%	4,953,272	SC 13G/A
Jul 29, 2022	standard general l.p.	23.1%	11,064,849	SC 13D/A
Jul 15, 2022	standard general l.p.	21.7%	11,424,849	SC 13D/A
May 05, 2022	standard general l.p.	22%	11,424,849	SC 13D/A
May 05, 2022	standard general l.p.	22%	11,424,849	SC 13D/A

Recent SEC filings of Bally's Corporation

View All Filings

Date Filed	Form Type	Document
May 17, 2024	8-K	Current Report
May 03, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
Apr 23, 2024	EFFECT	EFFECT
Apr 23, 2024	424B3	Prospectus Filed
Apr 22, 2024	4	Insider Trading
Apr 15, 2024	PX14A6G	PX14A6G
Apr 12, 2024	S-3	S-3
Apr 05, 2024	ARS	ARS
Apr 05, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Bally's Corporation)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BKNG	125.8B	22.0B	7.68%	33.35%	26.22	5.72	21.07%	19.26%
ABNB	92.9B	10.2B	-8.05%	30.17%	18.81	9.07	17.60%	143.42%
DKNG	38.3B	4.1B	4.69%	-	-69.94	9.41	57.00%	58.12%
RCL	36.5B	14.7B	10.91%	77.12%	17.35	2.48	38.21%	303.01%
CCL	16.8B	22.6B	6.30%	33.07%	41.6	0.75	77.46%	108.27%
MGM	12.9B	16.7B	-2.36%	-4.42%	14.42	0.77	17.87%	-54.40%
MID-CAP
HAS	8.4B	4.8B	9.65%	-3.05%	-5.94	1.76	-16.42%	-1272.21%
NCLH	6.7B	8.9B	-12.71%	8.26%	19.68	0.76	76.51%	123.70%
MAT	6.4B	5.4B	3.10%	-2.10%	21.89	1.18	4.38%	9.98%
PENN	2.4B	6.3B	-2.09%	-36.37%	-2.17	0.39	-3.29%	-263.41%
SMALL-CAP
PTON	1.4B	2.7B	27.18%	-46.53%	-1.89	0.54	-4.86%	66.45%
ACEL	846.7M	1.2B	-10.37%	7.10%	19.31	0.72	10.59%	-35.05%
AGS	456.1M	369.3M	31.96%	99.65%	89.31	1.23	15.51%	20.88%
CLAR	265.0M	257.9M	15.72%	-20.37%	26.14	1.03	-16.24%	113.80%
CNTY	90.2M	577.7M	-6.37%	-58.53%	-2.23	0.16	32.52%	-721.63%

Bally's Corporation News

Latest updates

Bally's Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.1%	618,482,000	611,670,000	632,477,000	606,206,000	598,720,000	576,689,000	578,249,000	552,496,000	548,271,000	547,665,000	314,779,000	267,733,000	192,266,000	118,096,000	116,624,000	28,924,000	109,148,000	130,419,000	129,309,000	143,218,000	120,631,000
Costs and Expenses	-25.4%	692,437,000	927,611,000	595,241,000	600,224,000	221,988,000	1,031,198,000	524,587,000	467,177,000	525,751,000	592,023,000	287,045,000	187,201,000	162,792,000	135,733,000	93,241,000	49,887,000	112,317,000	101,397,000	107,858,000	109,372,000	90,324,000
S&GA Expenses	-34.9%	248,436,000	381,829,000	230,582,000	249,957,000	251,608,000	245,906,000	200,044,000	192,735,000	187,021,000	273,331,000	142,905,000	101,211,000	80,499,000	88,414,000	43,996,000	23,989,000	49,609,000	44,079,000	50,011,000	48,047,000	38,263,000
EBITDA Margin	-86.3%	0.02	0.18	0.07	0.08	0.15	0.02	0.02	-0.05	-0.05	-0.14	-0.08	0.08	-	-	-	-	-	-	-	-	-
Interest Expenses	-115.1%	-68,577,000	453,599,000	-55,102,000	-60,282,000	-60,654,000	306,675,000	-51,932,000	-20,384,000	-26,206,000	-92,059,000	-90,779,000	15,391,000	-45,009,000	-13,034,000	-16,908,000	-15,110,000	-11,373,000	-11,237,000	-10,650,000	-10,521,000	-7,038,000
Income Taxes	120.8%	31,400,000	-151,267,000	43,936,000	-28,649,000	137,742,000	-29,919,000	1,137,000	5,434,000	-5,575,000	-21,128,000	-5,400,000	26,981,000	-4,830,000	-50,894,000	-248,000	-12,518,000	-5,664,000	4,430,000	3,802,000	6,145,000	5,673,000
Earnings Before Taxes	66.8%	-142,532,000	-429,650,000	-17,866,000	-54,300,000	316,078,000	-517,448,000	1,730,000	64,935,000	-3,686,000	-136,417,000	-63,045,000	95,923,000	-15,535,000	-30,671,000	6,475,000	-36,073,000	-14,542,000	17,785,000	10,801,000	23,325,000	23,269,000
EBT Margin	-244.1%	-0.26	-0.08	-0.11	-0.11	-0.06	-0.20	-0.03	-0.07	-0.06	-0.09	-0.01	0.08	-	-	-	-	-	-	-	-	-
Net Income	37.5%	-173,914,000	-278,383,000	-61,802,000	-25,651,000	178,336,000	-487,529,000	593,000	59,501,000	1,889,000	-115,289,000	-57,645,000	68,942,000	-10,705,000	20,223,000	6,723,000	-23,555,000	-8,878,000	13,355,000	6,999,000	17,180,000	17,596,000
Net Income Margin	-185.6%	-0.22	-0.08	-0.16	-0.14	-0.11	-0.19	-0.02	-0.06	-0.06	-0.09	0.02	0.12	-	-	-	-	-	-	-	-	-
Free Cashflow	-243.6%	-35,907,000	25,003,000	-92,376,000	4,294,000	-59,790,000	762,000	9,490,000	82,169,000	-33,706,000	-20,482,000	7,271,000	-12,103,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-3.3%	6,636	6,861	6,929	6,781	6,760	6,300	6,293	6,236	6,408	6,553	4,970	3,757	2,139	1,930	1,257	1,200	1,215	1,022	1,071	1,229	951
Current Assets	-6.3%	536	572	551	528	604	523	449	453	511	567	2,242	1,070	326	289	195	394	402	245	290	444	164
Cash Equivalents	90.5%	311	163	179	184	344	213	220	231	224	206	2,009	874	155	127	117	333	362	186	235	391	113
Inventory	7.5%	16.00	15.00	15.00	15.00	14.00	14.00	16.00	15.00	14.00	11.00	12.00	12.00	11.00	9.00	9.00	9.00	8.00	8.00	8.00	8.00	9.00
Net PPE	-6.3%	1,101	1,175	1,192	1,156	1,112	1,202	971	820	877	839	781	767	754	749	596	541	547	510	513	516	522
Goodwill	-1.1%	1,915	1,936	1,866	1,820	1,795	1,746	1,857	1,970	2,083	2,123	1,684	425	251	187	187	133	133	133	133	133	1.00
Liabilities	-0.6%	6,186	6,225	6,032	5,742	5,739	5,494	5,200	4,818	4,857	4,937	3,652	2,390	1,684	1,603	1,101	1,052	1,044	810	808	812	548
Current Liabilities	0.1%	876	875	843	679	658	756	691	505	529	570	271	229	163	143	96.00	79.00	79.00	90.00	97.00	100	176
Long Term Debt	0.5%	3,661	3,643	3,425	3,318	3,315	3,469	3,409	3,337	3,449	3,427	2,556	1,328	1,129	1,094	938	938	930	681	681	682	335
LT Debt, Current	0%	19.00	19.00	19.00	29.00	19.00	19.00	19.00	19.00	19.00	19.00	6.00	6.00	6.00	6.00	6.00	6.00	3.00	3.00	3.00	3.00	84.00
LT Debt, Non Current	-100.0%	-	3,643	3,425	3,318	3,315	3,469	3,409	3,337	3,449	3,427	2,556	1,328	1,129	1,094	938	938	930	681	681	682	335
Shareholder's Equity	-29.2%	450	635	897	1,039	1,022	806	1,093	1,418	1,551	1,616	1,317	1,367	455	327	156	148	171	211	263	417	403
Retained Earnings	-31.3%	-729	-555	-412	-351	-340	-535	-58.36	-127	-186	-181	-51.23	7.00	24.00	35.00	15.00	8.00	33.00	250	241	234	220
Additional Paid-In Capital	0.1%	1,402	1,400	1,600	1,595	1,605	1,636	1,660	1,838	1,832	1,849	1,369	1,364	434	295	143	141	140	186	185	184	182
Shares Outstanding	1.3%	40.00	40.00	46.00	46.00	46.00	47.00	57.00	61.00	60.00	50.00	46.00	42.00	-	-	-	-	-	-	-	-	-
Minority Interest	0%	0.00	0.00	0.00	0.00	0.00	0.00	1.00	4.00	4.00	4.00	4.00	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	530	-	-	-	790	-	-	-	1,800	-	-	-	389	-	-	-	822	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-111.2%	-7,854	70,255	54,309	80,162	-16,112	45,655	60,772	143,734	20,810	11,911	36,618	8,355	25,870	17,791	18,092	-33,693	17,312	21,398	16,036	31,683	24,983
Share Based Compensation	-44.3%	3,058	5,487	6,257	6,290	6,040	9,780	6,715	6,322	5,095	6,310	5,449	3,901	4,483	8,238	1,799	2,127	5,542	1,019	1,028	1,628	151
Cashflow From Investing	78.9%	-43,401	-205,544	-226,223	-95,660	319,636	-233,467	-13,621	16,121	-71,955	-1,994,777	-66,400	-206,843	-28,884	-156,333	-232,614	-2,449	-53,450	-5,000	-4,705	-12,115	-17,105
Cashflow From Financing	-64.7%	51,327	145,315	94,959	-951	-173,568	233,185	-49,158	-145,195	4,405	249,201	1,207,250	916,286	31,861	148,243	-1,354	7,281	212,227	-65,555	-167,558	258,618	23,391
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.00	-	-	3,199	3,430	4,109	-	-
Buy Backs	-100.0%	-	68,623	-	10,705	19,753	20,824	119,254	-	13,288	87,024	-	-	-	-	-	1,951	31,341	59,961	162,705	-	409

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BALY Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Total revenue	$ 618,482	$ 598,720
Operating (income) costs and expenses:
General and administrative	248,436	251,608
Gain on sale-leaseback	0	(374,186)
Depreciation and amortization	159,746	74,561
Total operating costs and expenses	692,437	221,988
(Loss) income from operations	(73,955)	376,732
Other (expense) income:
Interest expense, net	(73,131)	(63,264)
Other non-operating income, net	4,554	2,610
Total other expense, net	(68,577)	(60,654)
(Loss) income before income taxes	(142,532)	316,078
Provision for income taxes	31,382	137,742
Net (loss) income	$ (173,914)	$ 178,336
Net income per share, basic (in dollars per share)	$ (3.61)	$ 3.28
Weighted average common shares outstanding, basic (in shares)	48,119	54,420
Net income per share, diluted (in dollars per share)	$ (3.61)	$ 3.24
Weighted average common shares outstanding, diluted (in shares)	48,119	55,089
Gaming
Revenue:
Total revenue	$ 516,057	$ 486,895
Operating (income) costs and expenses:
Cost of net revenue	236,144	217,661
Non-Casino
Revenue:
Total revenue	102,425	111,825
Operating (income) costs and expenses:
Cost of net revenue	$ 48,111	$ 52,344

BALY Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 169,356	$ 163,194
Restricted cash	141,533	152,068
Accounts receivable, net	66,931	70,328
Inventory	15,719	14,629
Income Taxes Receivable	32,491	62,215
Prepaid expenses and other current assets	110,107	108,096
Assets held for sale	0	1,815
Total current assets	536,137	572,345
Property and equipment, net	1,100,733	1,174,888
Right of use assets, net	1,144,815	1,160,288
Goodwill	1,914,853	1,935,803
Intangible assets, net	1,812,638	1,871,428
Deferred tax asset	13,245	36,034
Other assets	113,575	110,317
Total assets	6,635,996	6,861,103
Liabilities and Stockholders’ Equity
Current portion of long-term debt	19,450	19,450
Current portion of lease liabilities	53,216	54,842
Accounts payable	59,401	69,161
Accrued Income Taxes, Current	41,150	78,301
Accrued and other current liabilities	702,560	651,719
Liabilities related to assets held for sale	0	1,307
Total current liabilities	875,777	874,780
Long-term debt, net	3,660,920	3,643,185
Long-term portion of financing obligation	200,000	200,000
Long-term portion of lease liabilities	1,139,685	1,148,407
Deferred tax liability	150,520	125,590
Commercial rights liability	62,503	113,626
Other long-term liabilities	96,786	119,661
Total liabilities	6,186,191	6,225,249
Commitments and contingencies (Note 17)
Stockholders’ equity:
Common stock	405	400
Preferred Stock, Value, Issued	0	0
Additional paid-in-capital	1,402,384	1,400,479
Treasury stock, at cost	0	0
Accumulated deficit	(729,809)	(555,895)
Accumulated other comprehensive loss	(223,603)	(209,558)
Total stockholders’ equity	449,377	635,426
Stockholders' Equity Attributable to Noncontrolling Interest	428	428
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	449,805	635,854
Total liabilities and stockholders’ equity	$ 6,635,996	$ 6,861,103

About Bally's Corporation

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; Hard Rock Hotel & Casino in Biloxi, Mississippi; Tiverton Casino & Hotel in Tiverton, Rhode Island; Dover Casino Resort in Dover, Delaware; Black Hawk hotel in Black Hawk, Colorado; Kansas City Casino in Kansas City, Missouri; Vicksburg Casino in Vicksburg, Mississippi; Atlantic City Casino Resort in Atlantic City, New Jersey; Shreveport Casino & Hotel in Shreveport, Louisiana; Lake Tahoe Casino Resort in Lake Tahoe, Nevada; Evansville Casino & Hotel in Evansville, Indiana; Quad Cities Casino & Hotel in Rock Island, Illinois; and Arapahoe Park in Aurora, Colorado. The company was formerly known as Twin River Worldwide Holdings, Inc. and changed its name to Bally's Corporation in November 2020. Bally's Corporation was incorporated in 2004 and is headquartered in Providence, Rhode Island.

CEO	Mr. Robeson Mandela Reeves
WEBSITE	ballys.com
INDUSTRY	Leisure
EMPLOYEES	10500

Bally's Corporation Frequently Asked Questions

What is the ticker symbol for Bally's Corporation? What does BALY stand for in stocks?

BALY is the stock ticker symbol of Bally's Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Bally's Corporation (BALY)?

As of Fri May 17 2024, market cap of Bally's Corporation is 531.16 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BALY stock?

You can check BALY's fair value in chart for subscribers.

What is the fair value of BALY stock?

You can check BALY's fair value in chart for subscribers. The fair value of Bally's Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Bally's Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BALY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Bally's Corporation a good stock to buy?

The fair value guage provides a quick view whether BALY is over valued or under valued. Whether Bally's Corporation is cheap or expensive depends on the assumptions which impact Bally's Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BALY.

What is Bally's Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, BALY's PE ratio (Price to Earnings) is -0.98 and Price to Sales (PS) ratio is 0.22. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BALY PE ratio will change depending on the future growth rate expectations of investors.