NASDAQ:CHDN Churchill Downs (CHDN) Stock Price, News & Analysis $142.58 +4.62 (+3.35%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$139.12▼$143.5750-Day Range$128.09▼$144.7852-Week Range$106.45▼$146.64Volume814,384 shsAverage Volume496,909 shsMarket Capitalization$10.48 billionP/E Ratio31.76Dividend Yield0.27%Price Target$155.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Churchill Downs alerts: Email Address Churchill Downs MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside9.1% Upside$155.60 Price TargetShort InterestHealthy1.95% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.92Upright™ Environmental ScoreNews Sentiment0.36Based on 36 Articles This WeekInsider TradingAcquiring Shares$494,836 Bought Last QuarterProj. Earnings Growth22.55%From $6.03 to $7.39 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.4.89 out of 5 starsConsumer Discretionary Sector13th out of 279 stocksRacing, Including Track Operation Industry1st out of 2 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 10 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageChurchill Downs has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Churchill Downs' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.95% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Churchill Downs has recently decreased by 13.33%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldChurchill Downs has a dividend yield of 0.28%, 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 8.46%. 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 5.14% next year. This indicates that Churchill Downs will be able to sustain or increase its dividend.Read more about Churchill Downs' 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 3.0 News and Social Media Coverage News SentimentChurchill Downs has a news sentiment score of 0.36. 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 lower news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 36 news articles for Churchill Downs this week, compared to 8 articles on an average week.Search Interest1 people have searched for CHDN on MarketBeat in the last 30 days. MarketBeat Follows4 people have added Churchill Downs to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Churchill Downs insiders have bought more of their company's stock than they have sold. Specifically, they have bought $494,836.00 in company stock and sold $0.00 in 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.Read more about Churchill Downs' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Churchill Downs are expected to grow by 22.55% in the coming year, from $6.03 to $7.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Churchill Downs is 31.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Churchill Downs is 31.76, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.88.Price to Earnings Growth RatioChurchill Downs has a PEG Ratio of 3.03. 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 11.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Churchill Downs' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatWe just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.Start Your Risk-Free Trial 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 HeadlinesJuly 27 at 3:24 AM | markets.businessinsider.comChurchill Downs Outperforms with Strong Q2, Promising Outlook, and Buy Rating from Chad BeynonJuly 27 at 2:24 AM | americanbankingnews.comChurchill Downs (NASDAQ:CHDN) Trading 5.2% Higher on Better-Than-Expected EarningsJuly 27, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.July 27 at 1:48 AM | americanbankingnews.comChurchill Downs (NASDAQ:CHDN) Rating Lowered to Sell at StockNews.comJuly 26 at 4:13 AM | finance.yahoo.comDecoding Churchill Downs Inc (CHDN): A Strategic SWOT InsightJuly 25 at 6:10 PM | markets.businessinsider.comStifel Nicolaus Reaffirms Their Buy Rating on Churchill Downs (CHDN)July 25 at 6:10 PM | seekingalpha.comChurchill Downs Incorporated (CHDN) Q2 2024 Earnings Call TranscriptJuly 25 at 1:08 PM | msn.comChurchill Downs tops earnings expectations after record Kentucky Derby haulJuly 27, 2024 | DTI (Ad)Heard about the 72-Hour Profit Surge? Read this…One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…July 25 at 3:04 AM | bizjournals.comChurchill Downs details up to $90M grandstand renovationJuly 25 at 3:04 AM | msn.comChurchill Downs Inc. planning to renovate Grandstand Club and PavilionJuly 25 at 3:04 AM | msn.comChurchill Downs investing $80-90M into grandstand and pavilion renovationJuly 25 at 3:04 AM | finance.yahoo.comChurchill Downs (NASDAQ:CHDN) Posts Better-Than-Expected Sales In Q2July 24 at 4:05 PM | globenewswire.comChurchill Downs Incorporated Reveals Grandstand Club and Pavilion Renovation Plan for Churchill Downs RacetrackJuly 24 at 4:05 PM | globenewswire.comChurchill Downs Incorporated Announces Robert L. Fealy Retires From Company's Board of DirectorsJuly 24 at 4:01 PM | globenewswire.comChurchill Downs Incorporated Reports 2024 Second Quarter ResultsJuly 24 at 12:14 AM | finance.yahoo.comChurchill Downs (CHDN) Q2 Earnings Report Preview: What To Look ForJuly 23, 2024 | americanbankingnews.comChurchill Downs (NASDAQ:CHDN) Price Target Raised to $160.00 at Stifel NicolausSee 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 Earnings7/24/2024Today7/27/2024Next Earnings (Estimated)10/23/2024Fiscal 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$155.60 High Stock Price Target$166.00 Low Stock Price Target$138.00 Potential Upside/Downside+9.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$4.49 Trailing P/E Ratio31.76 Forward P/E Ratio23.65 P/E Growth3.03Net Income$417.30 million Net Margins15.61% Pretax Margin18.24% Return on Equity49.73% Return on Assets6.25% Debt Debt-to-Equity Ratio5.88 Current Ratio0.50 Quick Ratio0.50 Sales & Book Value Annual Sales$2.46 billion Price / Sales4.26 Cash Flow$7.72 per share Price / Cash Flow18.46 Book Value$11.98 per share Price / Book11.90Miscellaneous Outstanding Shares73,500,000Free Float69,734,000Market Cap$10.48 billion OptionableOptionable Beta0.97 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.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 CompetitorsCanterbury ParkNASDAQ:CPHCLas Vegas SandsNYSE:LVSAdvanced Drainage SystemsNYSE:WMSMGM Resorts InternationalNYSE:MGMWynn ResortsNASDAQ:WYNNView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 3,608 shares on 7/26/2024Ownership: 0.863%State of Michigan Retirement SystemSold 600 shares on 7/26/2024Ownership: 0.022%Cambridge Investment Research Advisors Inc.Bought 482 shares on 7/26/2024Ownership: 0.013%Independence Bank of KentuckyBought 1,050 shares on 7/25/2024Ownership: 0.018%RPS Advisory Solutions LLCBought 4,651 shares on 7/25/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions CHDN Stock Analysis - Frequently Asked Questions How have CHDN shares performed this year? Churchill Downs' stock was trading at $134.93 at the beginning of the year. Since then, CHDN shares have increased by 5.7% and is now trading at $142.58. View the best growth stocks for 2024 here. How were Churchill Downs' earnings last quarter? Churchill Downs Incorporated (NASDAQ:CHDN) announced its quarterly earnings data on Wednesday, July, 24th. The company reported $2.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.71 by $0.18. The company's quarterly revenue was up 15.9% on a year-over-year basis. When did Churchill Downs' stock split? Churchill Downs shares split on the morning of Monday, May 22nd 2023. The 2-1 split was announced on Tuesday, April 25th 2023. The newly issued shares were issued to shareholders after the closing bell 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. Who are Churchill Downs' major shareholders? Churchill Downs' top institutional shareholders include Bank of New York Mellon Corp (0.86%), Artemis Investment Management LLP (0.47%), Assenagon Asset Management S.A. (0.27%) and Sequoia Financial Advisors LLC (0.26%). Insiders that own company stock include William E Mudd, Paul C Varga and Austin W Miller. 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. What other stocks do shareholders of Churchill Downs own? Based on aggregate information from My MarketBeat watchlists, some other companies that Churchill Downs investors own include NVIDIA (NVDA), Marvell Technology (MRVL), Alibaba Group (BABA), Intuitive Surgical (ISRG), Block (SQ), Baidu (BIDU) and JD.com (JD). This page (NASDAQ:CHDN) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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