Golden Entertainment (GDEN)
Market Price (12/18/2025): $27.79 | Market Cap: $727.2 MilSector: Consumer Discretionary | Industry: Casinos & Gaming
Golden Entertainment (GDEN)
Market Price (12/18/2025): $27.79Market Cap: $727.2 MilSector: Consumer DiscretionaryIndustry: Casinos & Gaming
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.2%, Dividend Yield is 4.3%, FCF Yield is 8.8% | Weak multi-year price returns2Y Excs Rtn is -71%, 3Y Excs Rtn is -93% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 73% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15% | Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 113x | |
| Low stock price volatilityVol 12M is 48% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -12%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -16%, Rev Chg QQuarterly Revenue Change % is -4.0% | |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization. Themes include Gaming & Casino Operations, and Hospitality & Resorts. | Key risksGDEN key risks include [1] high sensitivity to economic downturns impacting discretionary spending, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.2%, Dividend Yield is 4.3%, FCF Yield is 8.8% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15% |
| Low stock price volatilityVol 12M is 48% |
| Megatrend and thematic driversMegatrends include Experience Economy & Premiumization. Themes include Gaming & Casino Operations, and Hospitality & Resorts. |
| Weak multi-year price returns2Y Excs Rtn is -71%, 3Y Excs Rtn is -93% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 73% |
| Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 113x |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -12%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -16%, Rev Chg QQuarterly Revenue Change % is -4.0% |
| Key risksGDEN key risks include [1] high sensitivity to economic downturns impacting discretionary spending, Show more. |
Valuation, Metrics & Events
GDEN Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
I cannot fulfill this request as the specified time period (from August 31, 2025, to December 18, 2025) is in the future. Therefore, there is no historical data available for stock movement during that time.
Show moreStock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| GDEN Return | 3% | 154% | -26% | 12% | -18% | -9% | 63% |
| Peers Return | 30% | 43% | -37% | 14% | 2% | 6% | 45% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 14% | 108% |
Monthly Win Rates [3] | |||||||
| GDEN Win Rate | 50% | 83% | 42% | 50% | 33% | 33% | |
| Peers Win Rate | 62% | 58% | 33% | 52% | 48% | 60% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| GDEN Max Drawdown | -80% | -15% | -34% | -14% | -30% | -35% | |
| Peers Max Drawdown | -74% | -12% | -46% | -14% | -20% | -28% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: BYD, RRR, ACEL, CZR, BALY. See GDEN Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/17/2025 (YTD)
How Low Can It Go
| Event | GDEN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -48.4% | -25.4% |
| % Gain to Breakeven | 93.9% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -82.3% | -33.9% |
| % Gain to Breakeven | 464.6% | 51.3% |
| Time to Breakeven | 333 days | 148 days |
| 2018 Correction | ||
| % Loss | -63.4% | -19.8% |
| % Gain to Breakeven | 173.5% | 24.7% |
| Time to Breakeven | 697 days | 120 days |
Compare to YUMC, ARMK, DIN, REBN, LVS
In The Past
Golden Entertainment's stock fell -48.4% during the 2022 Inflation Shock from a high on 4/1/2022. A -48.4% loss requires a 93.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select past ideas related to GDEN. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | BBWI | Bath & Body Works | Dip Buy | DB | Insider Buys | Low D/EDip Buy with Strong Insider BuyingBuying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 12.8% | 12.8% | 0.0% |
| 11262025 | HRB | H&R Block | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.4% | 5.4% | -0.1% |
| 11262025 | LRN | Stride | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.2% | 3.2% | -4.4% |
| 11212025 | ABNB | Airbnb | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 15.5% | 15.5% | 0.0% |
| 11212025 | MTN | Vail Resorts | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 15.3% | 15.3% | -1.6% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | BBWI | Bath & Body Works | Dip Buy | DB | Insider Buys | Low D/EDip Buy with Strong Insider BuyingBuying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 12.8% | 12.8% | 0.0% |
| 11262025 | HRB | H&R Block | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.4% | 5.4% | -0.1% |
| 11262025 | LRN | Stride | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.2% | 3.2% | -4.4% |
| 11212025 | ABNB | Airbnb | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 15.5% | 15.5% | 0.0% |
| 11212025 | MTN | Vail Resorts | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 15.3% | 15.3% | -1.6% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Golden Entertainment
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 25.77 |
| Mkt Cap | 2.3 |
| Rev LTM | 2,263 |
| Op Inc LTM | 355 |
| FCF LTM | 333 |
| FCF 3Y Avg | 63 |
| CFO LTM | 601 |
| CFO 3Y Avg | 540 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.3% |
| Rev Chg 3Y Avg | 5.7% |
| Rev Chg Q | 3.0% |
| QoQ Delta Rev Chg LTM | 0.7% |
| Op Mgn LTM | 12.9% |
| Op Mgn 3Y Avg | 14.4% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 14.8% |
| CFO/Rev 3Y Avg | 12.9% |
| FCF/Rev LTM | 8.4% |
| FCF/Rev 3Y Avg | 4.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.3 |
| P/S | 0.8 |
| P/EBIT | 5.9 |
| P/E | 11.3 |
| P/CFO | 6.5 |
| Total Yield | 4.9% |
| Dividend Yield | 0.1% |
| FCF Yield 3Y Avg | 5.2% |
| D/E | 0.8 |
| Net D/E | 0.7 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 10.8% |
| 3M Rtn | 3.8% |
| 6M Rtn | 5.2% |
| 12M Rtn | -5.2% |
| 3Y Rtn | 11.1% |
| 1M Excs Rtn | 10.1% |
| 3M Excs Rtn | 1.9% |
| 6M Excs Rtn | -7.2% |
| 12M Excs Rtn | -18.2% |
| 3Y Excs Rtn | -63.9% |
Comparison Analyses
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | 34.3% | 40.0% | 31.8% |
| 8/7/2025 | -5.8% | -5.5% | -8.1% |
| 5/8/2025 | 5.3% | 12.9% | 5.8% |
| 2/27/2025 | 0.8% | -4.3% | -13.2% |
| 11/7/2024 | 4.6% | 7.9% | 7.5% |
| 8/8/2024 | 2.0% | 6.8% | 11.9% |
| 2/29/2024 | -7.6% | -7.9% | -0.8% |
| 11/2/2023 | 16.0% | 12.0% | 18.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 11 | 13 |
| # Negative | 8 | 10 | 8 |
| Median Positive | 4.6% | 8.1% | 8.3% |
| Median Negative | -5.7% | -5.7% | -12.6% |
| Max Positive | 34.3% | 40.0% | 31.8% |
| Max Negative | -9.4% | -44.4% | -18.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11062025 | 10-Q 9/30/2025 |
| 6302025 | 8082025 | 10-Q 6/30/2025 |
| 3312025 | 5092025 | 10-Q 3/31/2025 |
| 12312024 | 2282025 | 10-K 12/31/2024 |
| 9302024 | 11082024 | 10-Q 9/30/2024 |
| 6302024 | 8092024 | 10-Q 6/30/2024 |
| 3312024 | 5092024 | 10-Q 3/31/2024 |
| 12312023 | 2292024 | 10-K 12/31/2023 |
| 9302023 | 11032023 | 10-Q 9/30/2023 |
| 6302023 | 8042023 | 10-Q 6/30/2023 |
| 3312023 | 5102023 | 10-Q 3/31/2023 |
| 12312022 | 3012023 | 10-K 12/31/2022 |
| 9302022 | 11072022 | 10-Q 9/30/2022 |
| 6302022 | 8052022 | 10-Q 6/30/2022 |
| 3312022 | 5062022 | 10-Q 3/31/2022 |
| 12312021 | 3012022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |