GDEN Stock Summary and Trading Ideas (Golden Entertainment | NASDAQ:GDEN)

Golden Entertainment Inc is a U.S. based company that focuses on distributed gaming, casino, and resort operations. Its reportable segments are Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns, and Distributed Gaming. The majority of the revenue for the company is generated from its Nevada Casino Resorts segment which is comprised of destination casino resort properties offering a variety of food and beverage outlets, entertainment venues, and other amenities.

Golden Entertainment trades on the NASDAQ stock market under the symbol GDEN.

As of March 4, 2025, GDEN stock price declined to $30.01 with 236,051 million shares trading.

GDEN has a beta of 0.80, meaning it tends to be less sensitive to market movements. GDEN has a correlation of 0.12 to the broad based SPY ETF.

GDEN has a market cap of $823.14 million. This is considered a Small Cap stock.

Last quarter Golden Entertainment reported $164 million in Revenue and $.10 earnings per share. This fell short of revenue expectation by $-4 million and missed earnings estimates by -$.13.

In the last 3 years, GDEN traded as high as $59.96 and as low as $27.42.

The top ETF exchange traded funds that GDEN belongs to (by Net Assets): IJR, VTI, IWM, VXF, IJS.

GDEN has underperformed the market in the last year with a price return of -9.5% while the SPY ETF gained +13.9%. GDEN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -9.4% and -12.0%, respectively, while the SPY returned -4.2% and -5.4%, respectively.

GDEN support price is $30.10 and resistance is $31.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GDEN shares will trade within this expected range on the day.