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Best Casino Stocks to Buy Now (2024)

Top casino stocks in 2024 ranked by overall Due Diligence Score. See the best casino stocks to buy now, according to analyst forecasts for the resorts & casinos industry.

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

Boyd Gaming (NYSE:BYD) is the top casino stock with a Due Diligence Score of 47, which is 22 points higher than the casino industry average of 25. It passed 18 out of 38 due diligence checks and has strong fundamentals. Boyd Gaming has seen its stock return 26.92% over the past year, overperforming other casino stocks by 18 percentage points.

Boyd Gaming has an average 1 year price target of $74.11, a downside of -0.96% from Boyd Gaming's current stock price of $74.83.

Boyd Gaming stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Boyd Gaming, 44.44% have issued a Strong Buy rating, 11.11% have issued a Buy, 44.44% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Monarch Casino & Resort (NASDAQ:MCRI) is the second best casino stock with a Due Diligence Score of 45, which is 20 points higher than the casino industry average of 25. It passed 17 out of 38 due diligence checks and has strong fundamentals. Monarch Casino & Resort has seen its stock return 36.69% over the past year, overperforming other casino stocks by 28 percentage points.

Monarch Casino & Resort has an average 1 year price target of $78.33, a downside of -9.11% from Monarch Casino & Resort's current stock price of $86.18.

Monarch Casino & Resort stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Monarch Casino & Resort, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Las Vegas Sands (NYSE:LVS) is the third best casino stock with a Due Diligence Score of 38, which is 13 points higher than the casino industry average of 25. It passed 15 out of 38 due diligence checks and has average fundamentals. Las Vegas Sands has seen its stock return 19.99% over the past year, overperforming other casino stocks by 12 percentage points.

Las Vegas Sands has an average 1 year price target of $56.36, an upside of 4.69% from Las Vegas Sands's current stock price of $53.84.

Las Vegas Sands stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Las Vegas Sands, 63.64% have issued a Strong Buy rating, 18.18% have issued a Buy, 18.18% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

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

Vail Resorts (NYSE:MTN) has an annual dividend yield of 4.56%, which is 2 percentage points higher than the casino industry average of 2.11%. 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 140.8% indicates that its high dividend yield might not be sustainable for the long-term.

Marriott Vacations Worldwide (NYSE:VAC) has an annual dividend yield of 3.12%, which is 1 percentage points higher than the casino industry average of 2.11%. 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 53% indicates that its dividend yield is sustainable for the long-term.

Golden Entertainment (NASDAQ:GDEN) has an annual dividend yield of 2.24%, which is the same as the casino industry average of 2.11%.

Golden Entertainment's dividend payout ratio of 56% indicates that its dividend yield is sustainable for the long-term.

Casino stocks were down -0.5% in the last day, and up 1.28% over the last week.

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

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

Boyd Gaming (NYSE:BYD) is the most undervalued casino stock based on WallStreetZen's Valuation Score. Boyd Gaming has a valuation score of 43, which is 21 points higher than the casino industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Boyd Gaming's stock has gained 26.92% in the past year. It has overperformed other stocks in the casino industry by 18 percentage points.

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 43, which is 21 points higher than the casino industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Mgm Resorts International's stock has dropped -5.85% in the past year. It has underperformed other stocks in the casino industry by -14 percentage points.

Hilton Grand Vacations (NYSE:HGV) is the third most undervalued casino stock based on WallStreetZen's Valuation Score. Hilton Grand Vacations has a valuation score of 43, which is 21 points higher than the casino industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Hilton Grand Vacations's stock has gained 15.82% in the past year. It has overperformed other stocks in the casino industry by 7 percentage points.