BYDNYSEHotels & MotelsFiscal year ends December 31
BOYD GAMING CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$70.96+0.92 (+1.31%)
Close on Oct 19, 2026
- Market cap
- $5.31B
- P/E (TTM)
- 3.1
- Dividend yield
- 1.01%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
74.9%
54M of 73M shares
Institutional holders
421
50 new, 35 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
0 buys · 11 sales
Net sold $26.43M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| William S. Boyd | 8,820,522 | 9.20% | 13D (active) amendment | Mar 14, 2024 |
| BlackRock, Inc. | 6,716,487 | 7.30% | 13G (passive) amendment | Sep 30, 2024 |
| Cohen & Steers, Inc. | 6,295,869 | 8.47% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BYD | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Cohen & Steers, Inc. | 6,281,240 | 8.65% | $554.82K | +3,810,730 | 0.88% |
| BlackRock, Inc. | 5,510,437 | 7.58% | $486.74M | −41,429 | 0.01% |
| Vanguard Portfolio Management LLC | 2,514,999 | 3.46% | $222.15M | −261,555 | 0.01% |
| Vanguard Capital Management LLC | 2,375,026 | 3.27% | $209.79M | −28,418 | 0.00% |
| Ariel Investments, LLC | 2,182,342 | 3.00% | $192.77M | −92,076 | 1.92% |
| State Street Corp | 1,886,210 | 2.60% | $167.00M | −77,955 | 0.00% |
| Geode Capital Management, LLC | 1,455,524 | 2.00% | $128.59M | −160,863 | 0.01% |
| American Century Companies Inc | 1,363,047 | 1.88% | $120.40M | +504,193 | 0.05% |
| Boston Partners | 1,097,116 | 1.51% | $96.90M | −1,660,565 | 0.09% |
| Invesco Ltd. | 1,018,273 | 1.40% | $89.94M | +44,151 | 0.01% |
| Arrowstreet Capital, Limited Partnership | 1,012,244 | 1.39% | $89.41M | −343,764 | 0.04% |
| FMR LLC | 953,017 | 1.31% | $84.18M | −372,320 | 0.00% |
| Quantinno Capital Management LP | 941,274 | 1.30% | $83.14M | +16,204 | 0.10% |
| Victory Capital Management Inc | 852,712 | 1.17% | $75.32M | −40,553 | 0.04% |
| JPMorgan Chase & Co | 835,138 | 1.15% | $75.02M | +18,396 | 0.00% |
| Nuveen, LLC | 816,518 | 1.12% | $72.12M | −64,765 | 0.02% |
| Morgan Stanley | 799,675 | 1.10% | $70.64M | +225,113 | 0.00% |
| Bank Of America Corp /De/ | 792,968 | 1.09% | $70.04M | +223,541 | 0.00% |
| Channing Capital Management, LLC | 753,972 | 1.04% | $66.60M | −20,785 | 1.53% |
| Charles Schwab Investment Management Inc | 717,115 | 0.99% | $63.34M | −92,545 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 421 | 54M | 74.9% | 50 / 135 | 176 / 35 | 10M | 7M |
| Q1 2026 | 413 | 52M | 71.2% | 54 / 162 | 136 / 58 | 11M | 8M |
| Q4 2025 | 426 | 55M | 75.4% | 94 / 119 | 159 / 62 | 8M | 8M |
| Q3 2025 | 398 | 55M | 75.7% | 85 / 119 | 137 / 45 | 6M | 8M |
| Q2 2025 | 363 | 58M | 79.4% | 61 / 110 | 151 / 47 | 4M | 7M |
| Q1 2025 | 355 | 61M | 83.5% | 62 / 125 | 115 / 49 | 6M | 6M |
| Q4 2024 | 345 | 62M | 85.0% | 65 / 113 | 125 / 36 | 6M | 7M |
| Q3 2024 | 325 | 63M | 87.4% | 48 / 122 | 101 / 47 | 12M | 7M |
| Q2 2024 | 327 | 66M | 90.5% | 50 / 98 | 140 / 44 | 9M | 12M |
| Q1 2024 | 323 | 69M | 94.7% | 34 / 126 | 115 / 51 | 7M | 6M |
| Q4 2023 | 342 | 68M | 93.5% | 56 / 98 | 146 / 51 | 8M | 9M |
| Q3 2023 | 342 | 69M | 94.9% | 37 / 115 | 139 / 48 | 5M | 5M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BYD | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 1,883,532 | 2.59% | $166.37M | 0.13% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,648,854 | 2.27% | $145.64M | 0.01% | Jun 30, 2026 |
| Cohen & Steers Institutional Realty Shares | 1,320,703 | 1.82% | $116.66M | 1.30% | Jun 30, 2026 |
| Cohen & Steers Realty Shares | 1,226,467 | 1.69% | $108.33M | 1.33% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,193,227 | 1.64% | $105.40M | 0.06% | Jun 30, 2026 |
| Cohen & Steers Real Estate Securities Fund | 1,115,642 | 1.54% | $98.54M | 1.03% | Jun 30, 2026 |
| Ariel Fund | 954,294 | 1.31% | $84.29M | 2.91% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 826,460 | 1.14% | $68.33M | 0.25% | May 31, 2026 |
| Vanguard Small-Cap Value Index Fund | 755,896 | 1.04% | $66.77M | 0.10% | Jun 30, 2026 |
| Disciplined Value Mid Cap Fund | 729,621 | 1.00% | $64.45M | 0.28% | Jun 30, 2026 |
| Invesco S&P MidCap Quality ETF | 649,856 | 0.89% | $55.28M | 1.02% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 629,331 | 0.87% | $55.59M | 0.06% | Jun 30, 2026 |
| Victory Sycamore Small Company Opportunity Fund | 560,000 | 0.77% | $49.46M | 1.05% | Jun 30, 2026 |
| College Retirement Equities Fund - Total Global Stock Account | 461,681 | 0.64% | $40.78M | 0.03% | Jun 30, 2026 |
| Fidelity Capital and Income Fund | 453,873 | 0.62% | $38.61M | 0.25% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Keith Smith | President and CEO, Director | 997,306 | 1.37% | Jun 4, 2026 |
| Josh Hirsberg | CFO & Treasurer | 443,469 | 0.61% | Jul 28, 2026 |
| Uri Clinton | Chief Legal Off. & Secretary | 56,818 | 0.08% | Jun 9, 2026 |
| Steven Edward Schutte | See Remarks | 31,231 | 0.04% | Mar 5, 2026 |
| Howard William Shaw III | See Remarks | 28,200 | 0.04% | Mar 5, 2026 |
| Stephen S. Thompson | Chief Administrative Officer | 69,134 | 0.10% | Mar 2, 2026 |
| Lori M. Nelson | SVP, Chief Accounting Officer | 16,858 | 0.02% | Feb 23, 2026 |
| Ted Bogich | Chief Operating Officer | 45,116 | 0.06% | Jan 7, 2026 |
| Marianne Boyd Johnson | Director, 10% owner | 7,142,617 | 9.83% | Aug 26, 2026 |
| Stacia J.P. Andersen | Director | 2,043 | 0.00% | Jul 23, 2026 |
| George C. Roeth | Director | 2,043 | 0.00% | Jul 22, 2026 |
| Christine J. Spadafor | Director | 8,757 | 0.01% | May 14, 2026 |
| William R. Boyd | Director | 104,569 | 0.14% | May 11, 2026 |
| Paul W. Whetsell | Director | 25,358 | 0.03% | May 11, 2026 |
| John Robert Bailey | Director | 29,858 | 0.04% | May 11, 2026 |
| A. Randall Thoman | Director | 16,008 | 0.02% | May 11, 2026 |
| Michael A. Hartmeier | Director | 8,315 | 0.01% | May 11, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Marianne Boyd Johnson Director, 10% owner | Aug 24, 2026 | Sale | −12 | $82.00 | $984 | 1,611,671 |
| Josh Hirsberg CFO & Treasurer | Jul 28, 2026 | Sale | −12,777 | $89.76 | $1.15M | 422,969 |
| Stacia J.P. Andersen Director | Jul 22, 2026 | Award | +2,043 | – | – | 2,043 |
| George C. Roeth Director | Jul 22, 2026 | Award | +2,043 | – | – | 2,043 |
| Marianne Boyd Johnson Director, 10% owner | Jun 30, 2026 | Award | +30,351 | – | – | 1,642,506 |
| Marianne Boyd Johnson Director, 10% owner | Jun 30, 2026 | Tax withholding | −30,823 | $88.33 | $2.72M | 1,611,683 |
| Uri Clinton Chief Legal Off. & Secretary | Jun 9, 2026 | Sale | −3,468 | $87.69 | $304.11K | 56,818 |
| Keith Smith President and CEO, Director | Jun 3, 2026 | Sale | −100,000 | $85.90 | $8.59M | 996,981 |
| Christine J. Spadafor Director | May 13, 2026 | Sale | −1,237 | $80.91 | $100.09K | 8,757 |
| William R. Boyd Director | May 7, 2026 | Award | +2,347 | – | – | 17,535 |
| John Robert Bailey Director | May 7, 2026 | Award | +2,347 | – | – | 29,858 |
| Christine J. Spadafor Director | May 7, 2026 | Award | +2,347 | – | – | 9,994 |
| Paul W. Whetsell Director | May 7, 2026 | Award | +2,347 | – | – | 25,358 |
| Michael A. Hartmeier Director | May 7, 2026 | Award | +2,347 | – | – | 8,315 |
| Marianne Boyd Johnson Chairman, Director, 10% owner | May 7, 2026 | Award | −2,347 | – | – | 1,612,155 |
| A. Randall Thoman Director | May 7, 2026 | Award | +2,347 | – | – | 12,854 |
| Marianne Boyd Johnson Chairman, Director, 10% owner | May 5, 2026 | Sale | −62,914 | $84.03 | $5.29M | 1,609,808 |
| Marianne Boyd Johnson Chairman, Director, 10% owner | May 1, 2026 | Sale | −37,086 | $85.27 | $3.16M | 1,672,722 |
| Stephen S. Thompson Chief Administrative Officer | Feb 27, 2026 | Sale | −19,530 | $83.59 | $1.63M | 22,009 |
| Josh Hirsberg CFO & Treasurer | Feb 26, 2026 | Option exercise | +23,924 | $17.75 | $424.65K | 459,670 |
| Josh Hirsberg CFO & Treasurer | Feb 26, 2026 | Sale | −23,924 | $85.86 | $2.05M | 435,746 |
| Keith Smith President and CEO, Director | Feb 23, 2026 | Award | +35,608 | – | – | 1,096,981 |
| Josh Hirsberg CFO & Treasurer | Feb 22, 2026 | Tax withholding | −16,918 | $86.20 | $1.46M | 435,746 |
| Josh Hirsberg CFO & Treasurer | Feb 22, 2026 | Award | +16,455 | – | – | 452,664 |
| Stephen S. Thompson Chief Administrative Officer | Feb 22, 2026 | Award | +15,798 | – | – | 54,407 |
| Stephen S. Thompson Chief Administrative Officer | Feb 22, 2026 | Tax withholding | −12,868 | $86.20 | $1.11M | 41,539 |
| Uri Clinton General Counsel & Secretary | Feb 22, 2026 | Tax withholding | −9,499 | $86.20 | $818.81K | 60,286 |
| Uri Clinton General Counsel & Secretary | Feb 22, 2026 | Award | +11,586 | – | – | 69,785 |
| Lori M. Nelson SVP, Chief Accounting Officer | Feb 22, 2026 | Tax withholding | −743 | $86.20 | $64.05K | 16,858 |
| Lori M. Nelson SVP, Chief Accounting Officer | Feb 22, 2026 | Award | +525 | – | – | 17,601 |
| Keith Smith President and CEO, Director | Feb 22, 2026 | Tax withholding | −41,234 | $86.20 | $3.55M | 1,061,373 |
| Keith Smith President and CEO, Director | Feb 22, 2026 | Award | +63,188 | – | – | 1,102,607 |
| Marianne Boyd Johnson Executive Chairman, Director, 10% owner | Feb 22, 2026 | Award | +8,953 | – | – | 1,713,332 |
| Marianne Boyd Johnson Executive Chairman, Director, 10% owner | Feb 22, 2026 | Tax withholding | −3,524 | $86.20 | $303.77K | 1,709,808 |
| Josh Hirsberg CFO & Treasurer | Feb 19, 2026 | Award | +16,024 | – | – | 436,209 |
| Uri Clinton General Counsel & Secretary | Feb 19, 2026 | Award | +11,869 | – | – | 58,199 |
| Lori M. Nelson SVP, Chief Accounting Officer | Feb 19, 2026 | Award | +1,335 | – | – | 17,076 |
| Keith Smith President and CEO, Director | Feb 19, 2026 | Award | +42,730 | – | – | 1,039,419 |
| William R. Boyd Director | Feb 18, 2026 | Sale | −30,000 | $84.84 | $2.55M | 1,930,447 |
| William R. Boyd Director | Nov 7, 2025 | Sale | −20,000 | $80.36 | $1.61M | 1,960,447 |
| Marianne Boyd Johnson Executive Chairman, Director, 10% owner | Sep 4, 2025 | Sale | −100,000 | $86.62 | $8.66M | 1,704,379 |
| Keith Smith President and CEO, Director | Aug 25, 2025 | Gift | −50,000 | – | – | 996,689 |
| Josh Hirsberg CFO & Treasurer | Aug 22, 2025 | Sale | −40,035 | $85.41 | $3.42M | 420,185 |
| Keith Smith President and CEO, Director | Aug 22, 2025 | Sale | −25,000 | $85.21 | $2.13M | 1,046,689 |
| William R. Boyd Director | Aug 21, 2025 | Other | +45,482 | – | – | 87,034 |
| Marianne Boyd Johnson Executive Chairman, Director, 10% owner | Aug 21, 2025 | Other | −45,482 | – | – | 45,482 |
| Keith Smith President and CEO, Director | Aug 19, 2025 | Sale | −25,000 | $83.91 | $2.10M | 1,071,689 |
| Keith Smith President and CEO, Director | Aug 18, 2025 | Sale | −50,000 | $83.09 | $4.15M | 1,096,689 |
| William R. Boyd Director | Aug 18, 2025 | Other | +300,000 | – | – | 1,980,447 |
| Marianne Boyd Johnson Executive Chairman, Director, 10% owner | Aug 18, 2025 | Other | −909,091 | – | – | 1,487,858 |
| Marianne Boyd Johnson Executive Chairman, Director, 10% owner | Aug 18, 2025 | Other | +300,000 | – | – | 1,804,379 |
| Marianne Boyd Johnson Executive Chairman, Director, 10% owner | Aug 13, 2025 | Sale | −100,000 | $84.17 | $8.42M | 1,504,379 |
| William R. Boyd Director | Aug 12, 2025 | Sale | −9,774 | $81.61 | $797.66K | 15,188 |
| William R. Boyd Director | Aug 11, 2025 | Sale | −3,226 | $81.57 | $263.14K | 24,962 |
| Uri Clinton General Counsel & Secretary | Aug 8, 2025 | Sale | −2,500 | $82.08 | $205.20K | 46,330 |
| Ted Bogich Chief Operating Officer | Aug 1, 2025 | Sale | −16,497 | $83.18 | $1.37M | 45,116 |
| Stephen S. Thompson Chief Administrative Officer | Aug 1, 2025 | Sale | −15,906 | $83.25 | $1.32M | 38,609 |
| John Robert Bailey Director | May 8, 2025 | Award | +2,795 | – | – | 27,511 |
| A. Randall Thoman Director | May 8, 2025 | Award | +2,795 | – | – | 10,507 |
| Christine J. Spadafor Director | May 8, 2025 | Award | +2,795 | – | – | 7,647 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Marianne Boyd Johnson Chairman of the Board | Aug 25, 2026 | 12 | $979 | Aug 24, 2026 | Awarded as an RSU |
| Josh Hirsberg Policy-Making Officer | Jul 28, 2026 | 12,777 | $1.10M | Jul 28, 2026 | Stock Award |
| Clinton Uri Officer | Jun 9, 2026 | 3,468 | $304.11K | Jun 9, 2026 | Restricted Stock |
| Josh Hirsberg Officer | Jun 5, 2026 | 12,777 | $1.12M | Jun 5, 2026 | Stock Award |
| Smith Keith Officer, Director | Jun 3, 2026 | 100,000 | $8.25M | Jun 3, 2026 | RSU |
| Boyd Johnson Marianne OFFICER | May 5, 2026 | 62,914 | $5.28M | May 5, 2026 | GIFT |
| Boyd Johnson Marianne OFFICER | May 1, 2026 | 100,000 | $8.75M | Apr 30, 2026 | GIFT |
| William S. Boyd 10% Stockholder | Apr 29, 2026 | 8,514 | $742.85K | Apr 28, 2026 | Awarded as an RSU |
| Thompson Steve Officer | Feb 27, 2026 | 19,530 | $1.63M | Feb 27, 2026 | Performance Shares |
| Josh Hirsberg Policy-Making Officer | Feb 26, 2026 | 23,924 | $2.04M | Feb 26, 2026 | Stock Option Exercise |
| William S. Boyd Director, 10% Stockholder | Feb 26, 2026 | 24,519 | $2.11M | Feb 11, 2026 | Awarded as an RSU |
| Bogich Theodore Officer | Feb 24, 2026 | 17,524 | $1.49M | Feb 24, 2026 | Performance Shares |
| William R. Boyd Director | Feb 18, 2026 | 30,000 | $2.55M | Feb 18, 2026 | Grant |
| William R. Boyd Officer, Director | Nov 7, 2025 | 20,000 | $1.61M | Nov 7, 2025 | Stock Grant |
| Marianne Boyd Johnson Officer | Sep 4, 2025 | 100,000 | $8.66M | Sep 4, 2025 | Gift |