Golden Entertainment (GDEN)

• Market cap: $884M
• 1 day: 0.81%
• 5 days: 4.24%
• 1 month: -2.51%
• 3 months: 3.17%
• 6 months: 3.24%
• Year to date: 3.57%
• 1 year: -16.85%
• 5 years: 70.35%
• 10 years: 371.89%
• Sector: Consumer Discretionary
• Industry: Miscellaneous Amusement & Recreation

About: Golden Entertainment Inc is a U.S. based company that focuses on distributed gaming, casino, and resort operations. Its reportable segments are Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. The majority of the revenue for the company is generated from its Nevada Casino Resorts segment which is comprised of destination casino resort properties offering a variety of food and beverage outlets, entertainment venues, and other amenities.

Employees: 6,400

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

370% more call options, than puts

Call options by funds: $3.61M | Put options by funds: $769K

0% less capital invested

Capital invested by funds: $629M [Q2] → $629M (-$737K) [Q3]

3% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 59

1.59% less ownership

Funds ownership: 70.21% [Q2] → 68.62% (-1.59%) [Q3]

8% less funds holding

Funds holding: 162 [Q2] → 149 (-13) [Q3]

40% less funds holding in top 10

Funds holding in top 10: 5 [Q2] → 3 (-2) [Q3]

43% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 28

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $32 1% downside
• Avg. target: $36 12% upside
• High target: $38 18% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

JMP Securities Jordan Bender 41% 1-year accuracy 24 / 58 met price target	12% upside $36	Market Outperform Reiterated	16 Jan 2025
Jefferies Cassandra Lee 0 / 0 met price target	1% downside $32	Hold Maintained	3 Jan 2025
Wells Fargo Zachary Silverberg 50% 1-year accuracy 1 / 2 met price target	18% upside $38	Overweight Initiated	16 Dec 2024
Macquarie Chad Beynon 56% 1-year accuracy 22 / 39 met price target	18% upside $38	Outperform Maintained	8 Nov 2024
Truist Securities Barry Jonas 61% 1-year accuracy 22 / 36 met price target	12% upside $36	Buy Maintained	23 Oct 2024