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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
GDEN
GOLDEN ENTERTAINMENT INC
United States
$899.93M28,669,22941.66%58.34%Net SellingNet Selling
VAC
MARRIOTT VACATIONS WORLDWIDE CORP
United States
$3.44B35,179,81547.20%52.80%Net BuyingNet Selling
MCRI
MONARCH CASINO & RESORT INC
United States
$1.29B18,973,47949.49%50.51%Net Selling
HGV
HILTON GRAND VACATIONS INC
United States
$4.51B104,483,05076.90%23.10%Net SellingNet Selling
BYD
BOYD GAMING CORP
United States
$5.20B96,053,19129.02%70.98%Net SellingNet Selling
CNTY
CENTURY CASINOS INC
United States
$94.42M30,359,93166.20%26.61%Net BuyingNet Selling
MTN
VAIL RESORTS INC
United States
$7.35B37,968,15560.95%39.05%Net SellingNet Selling
LVS
LAS VEGAS SANDS CORP
United States
$34.76B745,047,1506.83%93.17%Net SellingNet Selling
PENN
PENN ENTERTAINMENT INC
United States
$2.29B152,446,05970.30%29.70%Net BuyingNet Selling
FLL
FULL HOUSE RESORTS INC
United States
$175.03M34,590,15037.08%62.92%Net Buying
WYNN
WYNN RESORTS LTD
United States
$10.68B112,078,26361.95%21.99%Net SellingNet Selling
CZR
CAESARS ENTERTAINMENT INC
United States
$7.60B216,415,53678.36%21.64%Net SellingNet Selling
MGM
MGM RESORTS INTERNATIONAL
United States
$12.82B313,680,43537.96%62.04%Net SellingNet Selling
BALY
BALLY's CORP
United States
$521.16M40,089,29535.59%64.41%Net BuyingNet Selling
MSC
STUDIO CITY INTERNATIONAL HOLDINGS LTD
Hong Kong
$1.60B842,864,4604.64%0.00%
RRR
RED ROCK RESORTS INC
United States
$5.63B105,188,13416.03%83.97%Net BuyingNet Selling
PLYA
PLAYA HOTELS & RESORTS NV
Netherlands
$1.26B136,929,22244.53%55.47%Net SellingNet Selling
MLCO
MELCO RESORTS & ENTERTAINMENT LTD
Hong Kong
$3.12B1,311,270,77513.45%0.00%
MRNO
MURANO GLOBAL INVESTMENTS LTD
Mexico
$757.56M79,242,8735.07%0.00%
SLNA
SELINA HOSPITALITY PLC
United Kingdom
$5.58M107,253,7342.44%51.60%Net SellingNet Selling

Casino Stocks FAQ

What are the best casino stocks to buy right now in May 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 46, which is 20 points higher than the casino industry average of 26. It passed 17 out of 38 due diligence checks and has strong fundamentals. Golden Entertainment has seen its stock lose -24.4% over the past year, underperforming other casino stocks by -5 percentage points.

Golden Entertainment has an average 1 year price target of $44.50, an upside of 41.76% from Golden Entertainment's current stock price of $31.39.

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 45, which is 19 points higher than the casino industry average of 26. It passed 16 out of 38 due diligence checks and has strong fundamentals. Marriott Vacations Worldwide has seen its stock lose -28.02% over the past year, underperforming other casino stocks by -9 percentage points.

Marriott Vacations Worldwide has an average 1 year price target of $109.71, an upside of 12.34% from Marriott Vacations Worldwide's current stock price of $97.66.

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. Monarch Casino & Resort (NASDAQ:MCRI)


Monarch Casino & Resort (NASDAQ:MCRI) is the third best casino stock with a Zen Score of 43, which is 17 points higher than the casino industry average of 26. It passed 16 out of 38 due diligence checks and has strong fundamentals. Monarch Casino & Resort has seen its stock lose -2.77% over the past year, overperforming other casino stocks by 16 percentage points.

Monarch Casino & Resort has an average 1 year price target of $73.33, an upside of 7.61% from Monarch Casino & Resort's current stock price of $68.15.

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.

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 7.17%, which is 4 percentage points higher than the casino industry average of 2.83%.

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 4.34%, which is 2 percentage points higher than the casino industry average of 2.83%. 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 3.03%, which is the same as the casino industry average of 2.83%. 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 up?

Casino stocks were up 1.25% in the last day, and down -3.64% over the last week. Melco Resorts & Entertainment was the among the top gainers in the resorts & casinos industry, gaining 8.5% yesterday.

Melco shares are trading higher, possibly on reports of high Macau visitor numbers amid the Golden Week.

What are the most undervalued casino stocks?

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

1. Marriott Vacations Worldwide (NYSE:VAC)


Marriott Vacations Worldwide (NYSE:VAC) is the most undervalued casino stock based on WallStreetZen's Valuation Score. Marriott Vacations Worldwide has a valuation score of 71, which is 41 points higher than the casino industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Marriott Vacations Worldwide's stock has dropped -28.02% in the past year. It has underperformed other stocks in the casino industry by -9 percentage points.

2. Hilton Grand Vacations (NYSE:HGV)


Hilton Grand Vacations (NYSE:HGV) is the second most undervalued casino stock based on WallStreetZen's Valuation Score. Hilton Grand Vacations has a valuation score of 71, which is 41 points higher than the casino industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Hilton Grand Vacations's stock has dropped -1.87% in the past year. It has overperformed other stocks in the casino industry by 17 percentage points.

3. Caesars Entertainment (NASDAQ:CZR)


Caesars Entertainment (NASDAQ:CZR) is the third most undervalued casino stock based on WallStreetZen's Valuation Score. Caesars Entertainment has a valuation score of 43, which is 13 points higher than the casino industry average of 30. It passed 3 out of 7 valuation due diligence checks.

Caesars Entertainment's stock has dropped -21.18% in the past year. It has underperformed other stocks in the casino industry by -2 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 28.13% 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 16.24x.
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.