Should You Expect A Quick Recovery From Ballys Corporation (NYSE: BALY) After -107.7% Decline From High?

Ballys Corporation (NYSE:BALY)’s traded shares stood at 71280.0 during the last session. At the close of trading, the stock’s price was $11.17, to imply an increase of 0.45% or $0.05 in intraday trading. The BALY share’s 52-week high remains $23.20, putting it -107.7% down since that peak but still an impressive 24.35% since price per share fell to its 52-week low of $8.45. The company has a valuation of $547.48M, with an average of 0.26 million shares in intraday trading volume over the past 10 days and average of 98.00K shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Ballys Corporation (BALY), translating to a mean rating of 3.00. Of 3 analyst(s) looking at the stock, 1 analyst(s) give BALY a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 0 recommend it as a Buy.

Ballys Corporation (NYSE:BALY) trade information

After registering a 0.45% upside in the last session, Ballys Corporation (BALY) has traded red over the past five days. The 5-day price performance for the stock is 12.15%, and 26.93% over 30 days. Short interest in Ballys Corporation (NYSE:BALY) saw shorts transact 0.13 million shares and set a 1.71 days time to cover.

The extremes give us $14 and $14 for target low and target high price respectively. As such, BALY has been trading -25.34% off suggested target high and -25.34% from its likely low.

BALY Dividends

Ballys Corporation has its next earnings report out on 2025-May-12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Ballys Corporation (NYSE:BALY)’s Major holders

Ballys Corporation insiders hold 12.50% of total outstanding shares, with institutional holders owning 79.52% of the shares at 90.89% float percentage. In total, 79.52% institutions holds shares in the company, led by STANDARD GENERAL L.P. As of 2024-06-30, the company held over 10.59 million shares (or 22.0076% of shares), all amounting to roughly $126.76 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 2.05 million shares, or about 4.2562% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $24.51 million.

We also have VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Ballys Corporation (BALY) shares. Going by data provided on Mar 31, 2025, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund holds roughly 116.35 shares. This is just over 0.24% of the total shares, with a market valuation of $1.3 million. Data from the same date shows that the other fund manager holds a little less at 39.88, or 0.08% of the shares, all valued at about 0.45 million.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.