Bally’s (BALY) to Release Quarterly Earnings on Monday

Bally’s (NYSE:BALY) will likely be issuing its Q1 2026 resultson Monday, May 11th. Analysts expect the company to announce earnings of ($0.9982) per share and revenue of $769.69 million for the quarter. Parties may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Monday, May 11, 2026 at 4:00 PM ET.

Bally’s (NYSE:BALY) last announced its quarterly earnings results on Saturday, January 31st. The company reported ($7.53) earnings per share for the quarter. Bally’s had a negative net margin of 26.39% and a negative return on equity of 63.15%. The firm had revenue of $746.25 million for the quarter. On average, analysts expect Bally’s to post $-9 EPS for the current fiscal year and $-7 EPS for the next fiscal year.

Bally’s Stock Performance

BALY stock traded down $0.24 on Monday, hitting $13.00. The company had a trading volume of 8,489 shares, compared to its average volume of 80,051. Bally’s has a 12-month low of $8.45 and a 12-month high of $20.74. The company has a current ratio of 0.80, a quick ratio of 0.77 and a debt-to-equity ratio of 1.75. The stock’s 50-day simple moving average is $12.17 and its 200 day simple moving average is $14.94. The stock has a market cap of $633.72 million, a price-to-earnings ratio of -2.38 and a beta of 1.80.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on BALY. Weiss Ratings restated a “sell (d-)” rating on shares of Bally’s in a research note on Friday, April 24th. Stifel Nicolaus lowered their target price on shares of Bally’s from $18.00 to $12.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Truist Financial lowered their target price on shares of Bally’s from $18.00 to $13.00 and set a “hold” rating on the stock in a research note on Friday, March 27th. Finally, Wall Street Zen downgraded shares of Bally’s from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. Three research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Bally’s currently has an average rating of “Reduce” and a consensus target price of $13.25.

Hedge Funds Weigh In On Bally’s

Hedge funds have recently added to or reduced their stakes in the company. Whitefort Capital Management LP lifted its position in shares of Bally’s by 43.0% in the 4th quarter. Whitefort Capital Management LP now owns 1,921,372 shares of the company’s stock worth $31,741,000 after purchasing an additional 578,129 shares during the period. JPMorgan Chase & Co. lifted its position in Bally’s by 21,781.4% during the third quarter. JPMorgan Chase & Co. now owns 758,411 shares of the company’s stock valued at $8,418,000 after acquiring an additional 754,945 shares during the last quarter. Geode Capital Management LLC lifted its position in Bally’s by 13.9% during the fourth quarter. Geode Capital Management LLC now owns 186,194 shares of the company’s stock valued at $3,077,000 after acquiring an additional 22,784 shares during the last quarter. State Street Corp increased its stake in Bally’s by 32.6% during the 4th quarter. State Street Corp now owns 116,903 shares of the company’s stock valued at $1,931,000 after purchasing an additional 28,741 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Bally’s by 9.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 61,442 shares of the company’s stock valued at $1,015,000 after purchasing an additional 5,306 shares in the last quarter. 70.41% of the stock is currently owned by institutional investors.

Bally’s Company Profile

Bally’s Corporation is an integrated entertainment company engaged in the ownership, development and operation of land‐based casinos, sports betting venues and online gaming platforms. The company leverages the iconic Bally’s brand under a long‐term license to provide gaming and hospitality services across multiple channels, including retail casinos, mobile sports wagering and interactive casino games.

The company’s portfolio spans gaming properties in key U.S. jurisdictions such as Rhode Island, Colorado, New Jersey, Mississippi, Iowa, Indiana, Pennsylvania and Nevada.