Bally's Corporation (BALY): Price and Financial Metrics

Bally's Corporation (BALY): $53.26

-1.04 (-1.92%)

POWR Rating

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BALY Price/Volume Stats

Current price $53.26 52-week high $75.92
Prev. close $54.30 52-week low $10.70
Day low $52.63 Volume 1,371,449
Day high $55.55 Avg. volume 436,229
50-day MA $63.00 Dividend yield N/A
200-day MA $39.72 Market Cap 1.65B

Bally's Corporation (BALY) Company Bio

Bally's Corporation owns and operates gaming and racing facilities in the United States. Its gaming and racing facilities include slot machines and various casino table games, and restaurant and hotel facilities. The company owns and manages Twin River Casino Hotel in Lincoln, Rhode Island; Tiverton Casino Hotel in Tiverton, Rhode Island; Hard Rock Hotel & Casino in Biloxi, Mississippi; Casino Vicksburg in Vicksburg, Mississippi; Dover Downs Hotel & Casino in Dover, Delaware; Casino KC in Kansas City, Missouri; Golden Gates, Golden Gulch, and Mardi Gras casinos in Black Hawk, Colorado; and Arapahoe Park racetrack and 13 off-track betting licenses in Aurora, Colorado. As of December 23, 2020, it owned and operated 11 casinos that comprise 13,260 slot machines, 459 game tables, and 2,941 hotel rooms, as well as a horse racetrack across seven states. 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 founded in 2004 and is headquartered in Providence, Rhode Island.

BALY Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$53.26$0 -100%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Bally's Corp. To summarize, we found that Bally's Corp ranked in the 0th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Bally's Corp ended up being:

  • The company's compound free cash flow growth rate over the past 1.32 years comes in at -0.85%; that's greater than merely 0.6% of US stocks we're applying DCF forecasting to.
  • As a business, Bally's Corp experienced a tax rate of about 86% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than 95.41% of stocks generating free cash flow.

Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price

Want more companies with a valuation profile/forecast similar to that of Bally's Corp? See AGS, APEX, GDEN, IHRT, and KFS.

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Latest BALY News From Around the Web

Below are the latest news stories about Bally's Corp that investors may wish to consider to help them evaluate BALY as an investment opportunity.

Bally's to acquire iconic Tropicana Las Vegas Hotel and Casino

Bally's Corporation (BALY) strikes a deal to purchase the Tropicana Las Vegas, Nevada casino from Gaming and Leisure Properties (GLPI) in a transaction to be valued at approximately $308M. The purchase price for the Tropicana property's non-land assets is $150M. In addition, Bally's has agreed to lease the land underlying...

Seeking Alpha | April 13, 2021

GLPI Expands Relationship with Bally’s Through Strategic Transactions

WYOMISSING, Pa., April 13, 2021 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI” or “the Company”) announced today that it entered into a binding term sheet with Bally’s Corporation (NYSE: BALY) (“Bally’s”) to acquire the real estate assets of Bally’s casino property in Black Hawk, CO and the property it plans to acquire in Rock Island, IL, in a transaction which is subject to regulatory approval and expected to close later this year. Total consideration for the acquisition is $150 million. The parties expect to add the properties to the master lease they are entering into in connection with Bally’s previously announced acquisitions of Tropicana Evansville and Dover Downs Hotel & Casino ("GLPI-BALY master lease”) which will generate incremental rent of $12....

Yahoo | April 13, 2021

Bally's To Acquire Tropicana Las Vegas Hotel And Casino

Bally's Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced that it has agreed to purchase the Tropicana Las Vegas, Nevada casino from Gaming and Leisure Properties, Inc. ("GLPI"), a publicly traded gaming focused real estate investment trust ("REIT"). Bally's estimates the transaction to be valued at approximately $308 million.

Yahoo | April 13, 2021

Bally's Corporation Announces Preliminary First Quarter 2021 Results; Provides Business Update

Bally's Corporation (NYSE: BALY), a leading U.S. omnichannel provider of land-based gaming and interactive entertainment, today announced preliminary financial results for the first quarter ended March 31, 2021. Bally's currently estimates that for the three months ended March 31, 2021, consolidated revenue was greater than $185.0 million and Adjusted EBITDA was greater than $50.0 million, compared to revenue and Adjusted EBITDA of $109.1 million and $22.1 million, respectively, for the quarter ended March 31, 2020. These results were due in large part to a month-to-month revenue cadence that accelerated dramatically in March as more COVID-19 restrictions were relaxed across the country.

Yahoo | April 13, 2021

Bally's Corporation Announces Commencement Of Common Stock And Tangible Equity Unit Offerings

Bally's Corporation (NYSE: BALY) ("Bally's") today announced that it has commenced concurrent public offerings, subject to market and other conditions, of $600 million of its common stock and $250 million of its tangible equity units ("Units"). Bally's intends to grant the underwriters in each of the offerings an option for a period of 30 days to purchase up to an additional 15% of common stock or Units, as applicable.

Yahoo | April 13, 2021

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BALY Price Returns

1-mo -26.65%
3-mo 3.18%
6-mo 121.00%
1-year 292.77%
3-year N/A
5-year N/A
YTD 6.03%
2020 96.61%
2019 N/A
2018 N/A
2017 N/A
2016 N/A

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