NASDAQ:CHDN Churchill Downs (CHDN) Stock Price, News & Analysis → SHOCKING Crypto Leak… (From Crypto 101 Media) (Ad) Free CHDN Stock Alerts $118.96 -0.34 (-0.28%) (As of 04/19/2024 ET) Add Compare Share Share Today's Range$118.25▼$120.5550-Day Range$111.98▼$124.8552-Week Range$106.45▼$150.45Volume403,512 shsAverage Volume370,821 shsMarket Capitalization$8.77 billionP/E Ratio21.81Dividend Yield0.32%Price Target$143.13 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Churchill Downs alerts: Email Address Churchill Downs MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside20.3% Upside$143.13 Price TargetShort InterestHealthy2.56% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.92Upright™ Environmental ScoreNews Sentiment0.68Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth29.93%From $5.48 to $7.12 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.68 out of 5 starsConsumer Discretionary Sector18th out of 265 stocksRacing, Including Track Operation Industry1st out of 1 stocks 2.5 Analyst's Opinion Consensus RatingChurchill Downs has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageChurchill Downs has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.56% of the outstanding shares of Churchill Downs have been sold short.Short Interest Ratio / Days to CoverChurchill Downs has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in Churchill Downs has recently decreased by 5.97%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldChurchill Downs has a dividend yield of 0.32%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthChurchill Downs has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Churchill Downs is 6.97%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Churchill Downs will have a dividend payout ratio of 5.34% next year. This indicates that Churchill Downs will be able to sustain or increase its dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreChurchill Downs has received a 21.32% net impact score from Upright. The largest positive contribution comes from its "Meaning & joy" impact, which is mostly driven by its "Horse racing tournaments and events", "Shorts", and "Sweaters" products. See details.Environmental SustainabilityThe Environmental Impact score for Churchill Downs is -2.92. Previous Next 3.2 News and Social Media Coverage News SentimentChurchill Downs has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Churchill Downs this week, compared to 8 articles on an average week.Search Interest5 people have searched for CHDN on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Churchill Downs to their MarketBeat watchlist in the last 30 days. This is a decrease of -81% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Churchill Downs insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.13% of the stock of Churchill Downs is held by insiders.Percentage Held by Institutions82.59% of the stock of Churchill Downs is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Churchill Downs are expected to grow by 29.93% in the coming year, from $5.48 to $7.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Churchill Downs is 21.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Churchill Downs is 21.81, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.96.Price to Earnings Growth RatioChurchill Downs has a PEG Ratio of 8.43. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioChurchill Downs has a P/B Ratio of 9.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad AltimetrySecret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. Click for my No. 1 investment, all free of charge, click here. About Churchill Downs Stock (NASDAQ:CHDN)Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sports books; and casino gaming. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.Read More CHDN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CHDN Stock News HeadlinesApril 19, 2024 | finance.yahoo.com10 Fastest Growing Cities in KentuckyApril 19, 2024 | sports.yahoo.comBetting on Kentucky Derby 150? How many horses have won from each post at Churchill Downs?April 20, 2024 | Altimetry (Ad)Secret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. April 19, 2024 | msn.comMuth's owner appealing decision banning Bob Baffert-trained horse from 2024 Kentucky DerbyApril 18, 2024 | americanbankingnews.comChurchill Downs Incorporated (NASDAQ:CHDN) Short Interest UpdateApril 17, 2024 | finance.yahoo.comChurchill Downs (CHDN) Expected to Beat Earnings Estimates: Should You Buy?April 17, 2024 | americanbankingnews.comChurchill Downs (CHDN) Set to Announce Earnings on WednesdayApril 16, 2024 | investing.comWells Fargo raises Churchill Downs shares to Overweight ratingApril 20, 2024 | Altimetry (Ad)Secret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. April 16, 2024 | nasdaq.comWells Fargo Upgrades Churchill Downs (CHDN)April 16, 2024 | americanbankingnews.comChurchill Downs (NASDAQ:CHDN) Upgraded to "Overweight" by Wells Fargo & CompanyApril 15, 2024 | msn.comVirginia gaming legislation bullish for Churchill Downs - analystApril 12, 2024 | msn.comLet's Talk Derby: Here's how to place a bet at Churchill Downs for the Kentucky DerbyApril 12, 2024 | markets.businessinsider.comBuy Rating Affirmed for Churchill Downs Amid Favorable Legislative ChangesApril 11, 2024 | americanbankingnews.comJMP Securities Reiterates "Market Outperform" Rating for Churchill Downs (NASDAQ:CHDN)April 10, 2024 | markets.businessinsider.comAnalyst Maintains Hold Rating on Churchill Downs Amid Favorable Legislative DevelopmentsApril 10, 2024 | americanbankingnews.comChurchill Downs' (CHDN) Equal Weight Rating Reaffirmed at Wells Fargo & CompanyApril 9, 2024 | markets.businessinsider.comKey Takeaways From Churchill Downs Analyst RatingsApril 9, 2024 | msn.comChurchill Downs 'elevating' fan experience at Derby 150 with brands like Ford and Woodford Reserve. What to expectApril 8, 2024 | finance.yahoo.comChurchill Downs Incorporated Closes on Sale of 49% of United Tote Company to the New York Racing Association, Inc.April 8, 2024 | globenewswire.comChurchill Downs Incorporated Closes on Sale of 49% of United Tote Company to the New York Racing Association, Inc.April 8, 2024 | finance.yahoo.comChurchill Downs Incorporated (NASDAQ:CHDN) is favoured by institutional owners who hold 78% of the companyApril 8, 2024 | bizjournals.comChurchill Downs opens $290 million Terre Haute, Indiana, casinoApril 7, 2024 | msn.comKentucky Derby Hopefuls Tune Up At Churchill Downs, Palm MeadowsApril 5, 2024 | globenewswire.comChurchill Downs Incorporated Opens Terre Haute Casino Resort in Terre Haute, IndianaApril 4, 2024 | msn.comGood luck. Churchill Downs opens its newest casino resort this weekApril 4, 2024 | yahoo.comMartha Stewart, Churchill Downs create Kentucky Derby at Home experience. What's on the menuSee More Headlines Receive CHDN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Churchill Downs and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Today4/20/2024Next Earnings (Confirmed)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Racing, including track operation Sub-IndustryCasinos & Gaming Current SymbolNASDAQ:CHDN CUSIP17148410 CIK20212 Webwww.churchilldownsincorporated.com Phone(502) 636-4400Fax502-636-4430Employees7,970Year Founded1875Price Target and Rating Average Stock Price Target$143.13 High Stock Price Target$150.00 Low Stock Price Target$138.00 Potential Upside/Downside+20.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$5.4550 Trailing P/E Ratio21.81 Forward P/E Ratio21.71 P/E Growth8.43Net Income$417.30 million Net Margins16.95% Pretax Margin22.82% Return on Equity45.43% Return on Assets5.71% Debt Debt-to-Equity Ratio5.34 Current Ratio0.53 Quick Ratio0.53 Sales & Book Value Annual Sales$2.46 billion Price / Sales3.56 Cash Flow$7.31 per share Price / Cash Flow16.28 Book Value$11.98 per share Price / Book9.93Miscellaneous Outstanding Shares73,690,000Free Float69,909,000Market Cap$8.77 billion OptionableOptionable Beta1.03 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. William C. Carstanjen (Age 56)CEO & Director Comp: $5.16MMr. William E. Mudd (Age 53)President & COO Comp: $3.03MMs. Marcia Ann Dall CPA (Age 60)Executive VP & CFO Comp: $2.1MMr. Bradley K. Blackwell (Age 51)Executive VP, General Counsel & Secretary Comp: $1.55MMs. Maureen Adams (Age 59)Executive Vice President of Gaming Operations Comp: $1.32MJon E. RauchVP & Chief Accounting OfficerMr. Nate SimonSenior VP & CTOKaitlin BuzzettoDirector of Investor RelationsMr. Jason SauerSenior Vice President of Corporate DevelopmentMs. Katherine ArmstrongSenior VP of Human ResourcesMore ExecutivesKey CompetitorsToroNYSE:TTCSkechers U.S.A.NYSE:SKXSharkNinjaNYSE:SNCaesars EntertainmentNASDAQ:CZRVail ResortsNYSE:MTNView All CompetitorsInstitutional OwnershipState of Michigan Retirement SystemBought 400 shares on 4/18/2024Ownership: 0.023%SeaCrest Wealth Management LLCBought 225 shares on 4/18/2024Ownership: 0.004%Mirador Capital Partners LPBought 2,200 shares on 4/18/2024Ownership: 0.003%Guidance Capital Inc.Bought 284 shares on 4/17/2024Ownership: 0.016%Wealth Enhancement Advisory Services LLCSold 416 shares on 4/16/2024Ownership: 0.006%View All Institutional Transactions CHDN Stock Analysis - Frequently Asked Questions Should I buy or sell Churchill Downs stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CHDN shares. View CHDN analyst ratings or view top-rated stocks. What is Churchill Downs' stock price target for 2024? 8 Wall Street research analysts have issued 1 year price targets for Churchill Downs' stock. Their CHDN share price targets range from $138.00 to $150.00. On average, they predict the company's stock price to reach $143.13 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price. View analysts price targets for CHDN or view top-rated stocks among Wall Street analysts. How have CHDN shares performed in 2024? Churchill Downs' stock was trading at $134.93 on January 1st, 2024. Since then, CHDN stock has decreased by 11.8% and is now trading at $118.96. View the best growth stocks for 2024 here. Are investors shorting Churchill Downs? Churchill Downs saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 1,890,000 shares, a drop of 6.0% from the March 15th total of 2,010,000 shares. Based on an average daily trading volume, of 367,600 shares, the short-interest ratio is presently 5.1 days. View Churchill Downs' Short Interest. When is Churchill Downs' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our CHDN earnings forecast. How can I listen to Churchill Downs' earnings call? Churchill Downs will be holding an earnings conference call on Thursday, April 25th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Churchill Downs' earnings last quarter? Churchill Downs Incorporated (NASDAQ:CHDN) announced its earnings results on Wednesday, February, 21st. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.18. The company earned $561.20 million during the quarter, compared to the consensus estimate of $553.05 million. Churchill Downs had a net margin of 16.95% and a trailing twelve-month return on equity of 45.43%. The firm's revenue for the quarter was up 16.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.73 earnings per share. How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs? Churchill Downs announced an annual dividend on Thursday, November 30th. Shareholders of record on Friday, December 1st will be given a dividend of $0.382 per share on Friday, January 5th. This represents a dividend yield of 0.35%. The ex-dividend date of this dividend is Thursday, November 30th. This is a positive change from the stock's previous annual dividend of $0.36. Read our dividend analysis for CHDN. Is Churchill Downs a good dividend stock? Churchill Downs (NASDAQ:CHDN) pays an annual dividend of $0.38 per share and currently has a dividend yield of 0.32%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 6.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHDN will have a dividend payout ratio of 5.34% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CHDN. What ETFs hold Churchill Downs' stock? ETFs with the largest weight of Churchill Downs (NASDAQ:CHDN) stock in their portfolio include Roundhill Sports Betting & iGaming ETF (BETZ), VanEck Gaming ETF (BJK), B.A.D. Etf (BAD), Corbett Road Tactical Opportunity ETFNew (OPPX), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Fidelity Fundamental Small-Mid Cap ETF (FSMO), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) and ALPS Global Travel Beneficiaries ETF (JRNY). When did Churchill Downs' stock split? Churchill Downs shares split before market open on Monday, May 22nd 2023. The 2-1 split was announced on Tuesday, April 25th 2023. The newly issued shares were distributed to shareholders after the market closes on Friday, May 19th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What is Bill Carstanjen's approval rating as Churchill Downs' CEO? 16 employees have rated Churchill Downs Chief Executive Officer Bill Carstanjen on Glassdoor.com. Bill Carstanjen has an approval rating of 100% among the company's employees. This puts Bill Carstanjen in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 51.0% of employees surveyed would recommend working at Churchill Downs to a friend. What other stocks do shareholders of Churchill Downs own? Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include NVIDIA (NVDA), Marvell Technology (MRVL), Alibaba Group (BABA), Intuitive Surgical (ISRG), Block (SQ), Baidu (BIDU), JD.com (JD), Boeing (BA), CRISPR Therapeutics (CRSP) and Teladoc Health (TDOC). Who are Churchill Downs' major shareholders? Churchill Downs' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (0.29%), Sage Investment Advisers LLC (0.04%), State of Michigan Retirement System (0.02%), Independence Bank of Kentucky (0.02%), Guidance Capital Inc. (0.02%) and Congress Asset Management Co. MA (0.01%). Insiders that own company stock include Austin W Miller, Austin W Miller and William E Mudd. View institutional ownership trends. How do I buy shares of Churchill Downs? Shares of CHDN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CHDN) was last updated on 4/20/2024 by MarketBeat.com Staff From Our PartnersBiden’s $374B Giveaway Into This SectorDTISHOCKING Crypto Leak…Crypto 101 MediaThe #1 Crypto for 2024InvestorPlaceDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent alert: open this for a huge profit potentialTimothy SykesTiny Biotech Stock Wins $75 Billion PatentBehind the MarketsHow Biden has already won 2024Porter & CompanyMy biggest AI fearParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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