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Best Casino Stocks to Buy Now (2024)
Top casino stocks in 2024 ranked by overall Zen Score. See the best casino stocks to buy now, according to analyst forecasts for the resorts & casinos industry.

Industry: Resorts & Casinos
Ticker
Company
Zen Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
GDEN
GOLDEN ENTERTAINMENT INC
51
57
57
11
70
60
VAC
MARRIOTT VACATIONS WORLDWIDE CORP
47
71
0
44
40
80
HGV
HILTON GRAND VACATIONS INC
43
71
14
67
20
MCRI
MONARCH CASINO & RESORT INC
43
43
71
0
60
40
BYD
BOYD GAMING CORP
41
43
43
0
60
60

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Use Zen Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

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Casino Stocks FAQ

What are the best casino stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best casino stocks to buy right now are:

1. Golden Entertainment (NASDAQ:GDEN)


Golden Entertainment (NASDAQ:GDEN) is the top casino stock with a Zen Score of 51, which is 23 points higher than the casino industry average of 28. It passed 19 out of 38 due diligence checks and has strong fundamentals. Golden Entertainment has seen its stock lose -18.27% over the past year, underperforming other casino stocks by -3 percentage points.

Golden Entertainment has an average 1 year price target of $44.50, an upside of 28.99% from Golden Entertainment's current stock price of $34.50.

Golden Entertainment stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Golden Entertainment, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Marriott Vacations Worldwide (NYSE:VAC)


Marriott Vacations Worldwide (NYSE:VAC) is the second best casino stock with a Zen Score of 47, which is 19 points higher than the casino industry average of 28. It passed 17 out of 38 due diligence checks and has strong fundamentals. Marriott Vacations Worldwide has seen its stock lose -26.12% over the past year, underperforming other casino stocks by -11 percentage points.

Marriott Vacations Worldwide has an average 1 year price target of $109.71, an upside of 6.34% from Marriott Vacations Worldwide's current stock price of $103.17.

Marriott Vacations Worldwide stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Marriott Vacations Worldwide, 28.57% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 14.29% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Hilton Grand Vacations (NYSE:HGV)


Hilton Grand Vacations (NYSE:HGV) is the third best casino stock with a Zen Score of 43, which is 15 points higher than the casino industry average of 28. It passed 14 out of 33 due diligence checks and has strong fundamentals. Hilton Grand Vacations has seen its stock lose -3.16% over the past year, overperforming other casino stocks by 12 percentage points.

Hilton Grand Vacations has an average 1 year price target of $58.50, an upside of 30.61% from Hilton Grand Vacations's current stock price of $44.79.

Hilton Grand Vacations stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Hilton Grand Vacations, 83.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the casino stocks with highest dividends?

Out of 7 casino stocks that have issued dividends in the past year, the 3 casino stocks with the highest dividend yields are:

1. Golden Entertainment (NASDAQ:GDEN)


Golden Entertainment (NASDAQ:GDEN) has an annual dividend yield of 6.52%, which is 4 percentage points higher than the casino industry average of 2.67%.

Golden Entertainment's dividend payout ratio of 22.4% indicates that its high dividend yield is sustainable for the long-term.

2. Vail Resorts (NYSE:MTN)


Vail Resorts (NYSE:MTN) has an annual dividend yield of 4.17%, which is 2 percentage points higher than the casino industry average of 2.67%. Vail Resorts's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Vail Resorts's dividend has shown consistent growth over the last 10 years.

Vail Resorts's dividend payout ratio of 132.1% indicates that its dividend yield might not be sustainable for the long-term.

3. Marriott Vacations Worldwide (NYSE:VAC)


Marriott Vacations Worldwide (NYSE:VAC) has an annual dividend yield of 2.87%, which is the same as the casino industry average of 2.67%. Marriott Vacations Worldwide's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Marriott Vacations Worldwide's dividend has shown consistent growth over the last 10 years.

Marriott Vacations Worldwide's dividend payout ratio of 42% indicates that its dividend yield is sustainable for the long-term.

Why are casino stocks down?

Casino stocks were down -0.55% in the last day, and down -1.65% over the last week.

We couldn't find a catalyst for why casino stocks are down.

What are the most undervalued casino stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued casino stocks right now are:

1. Caesars Entertainment (NASDAQ:CZR)


Caesars Entertainment (NASDAQ:CZR) is the most undervalued casino stock based on WallStreetZen's Valuation Score. Caesars Entertainment has a valuation score of 71, which is 38 points higher than the casino industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Caesars Entertainment's stock has dropped -12.21% in the past year. It has overperformed other stocks in the casino industry by 3 percentage points.

2. Mgm Resorts International (NYSE:MGM)


Mgm Resorts International (NYSE:MGM) is the second most undervalued casino stock based on WallStreetZen's Valuation Score. Mgm Resorts International has a valuation score of 71, which is 38 points higher than the casino industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Mgm Resorts International's stock has dropped -4.56% in the past year. It has overperformed other stocks in the casino industry by 11 percentage points.

3. Marriott Vacations Worldwide (NYSE:VAC)


Marriott Vacations Worldwide (NYSE:VAC) is the third most undervalued casino stock based on WallStreetZen's Valuation Score. Marriott Vacations Worldwide has a valuation score of 71, which is 38 points higher than the casino industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Marriott Vacations Worldwide's stock has dropped -26.12% in the past year. It has underperformed other stocks in the casino industry by -11 percentage points.

Are casino stocks a good buy now?

52.94% of casino stocks rated by analysts are a strong buy right now. On average, analysts expect casino stocks to rise by 22.11% over the next year.

What is the average p/e ratio of the resorts & casinos industry?

The average P/E ratio of the resorts & casinos industry is 16.26x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.