Churchill Downs Stock Price, News & Analysis (NASDAQ:CHDN) $115.17 -0.25 (-0.22%) (As of 03:45 PM ET) Add Compare Share Share Today's Range$113.93▼$115.8450-Day Range$108.06▼$122.5852-Week Range$101.89▼$150.45Volume193,477 shsAverage Volume379,040 shsMarket Capitalization$8.59 billionP/E Ratio24.45Dividend Yield0.31%Price Target$139.81 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Churchill Downs MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside21.3% Upside$139.81 Price TargetShort InterestBearish3.10% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.92Upright™ Environmental ScoreNews Sentiment0.82Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth13.76%From $5.16 to $5.87 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.71 out of 5 starsConsumer Discretionary Sector50th out of 278 stocksRacing, Including Track Operation Industry1st out of 2 stocks 3.4 Analyst's Opinion Consensus RatingChurchill Downs has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $139.81, Churchill Downs has a forecasted upside of 21.3% from its current price of $115.28.Amount of Analyst CoverageChurchill Downs has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.10% 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 6.4.Change versus previous monthShort interest in Churchill Downs has recently increased by 1.76%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend YieldChurchill Downs has a dividend yield of 0.30%, 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 7.64%. 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 6.13% 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 0.82. 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 0.59 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Churchill Downs this week, compared to 7 articles on an average week.Search Interest4 people have searched for CHDN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 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 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 4.98% of the stock of Churchill Downs is held by insiders.Percentage Held by Institutions72.88% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Churchill Downs are expected to grow by 13.76% in the coming year, from $5.16 to $5.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Churchill Downs is 24.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Churchill Downs is 24.48, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.95.Price to Book Value per Share RatioChurchill Downs has a P/B Ratio of 9.68. 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 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 Live and Historical Racing, TwinSpires, and Gaming segments. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sportsbooks; 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 HeadlinesNovember 25, 2023 | americanbankingnews.comAnalysts Set Churchill Downs Incorporated (NASDAQ:CHDN) Price Target at $139.81November 21, 2023 | americanbankingnews.comChurchill Downs (NASDAQ:CHDN) Stock Rating Lowered by StockNews.comNovember 30, 2023 | Tomorrow Investor (Ad)Why Microsoft Just Placed A Huge Bet On NuclearEven with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.November 13, 2023 | bizjournals.comDerby City Gaming Downtown shows off its new $1.5M 3D sign (VIDEO)November 10, 2023 | bizjournals.comTwo proposed Churchill Downs casinos are rejected by Virginia votersOctober 28, 2023 | finance.yahoo.comChurchill Downs Incorporated (NASDAQ:CHDN) Q3 2023 Earnings Call TranscriptOctober 28, 2023 | msn.comChurchill Downs: Good Execution But Too Expensive StockOctober 27, 2023 | markets.businessinsider.comChurchill Downs Stock: An Optimistic Outlook Based on Value Growth and Strategic MovesNovember 30, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!October 26, 2023 | msn.comWhen is the new Churchill Downs Derby City Gaming Downtown venue opening? What we knowOctober 26, 2023 | bizjournals.comDerby City Gaming Downtown sets opening dateOctober 25, 2023 | finance.yahoo.comChurchill Downs (CHDN) Reports Q3 Earnings: What Key Metrics Have to SayOctober 25, 2023 | finance.yahoo.comChurchill Downs Inc (CHDN) Reports Q3 2023 Earnings: Net Revenue Up 49% YoYOctober 24, 2023 | benzinga.comEarnings Preview: Churchill DownsOctober 19, 2023 | msn.comSusquehanna Maintains Churchill Downs (CHDN) Positive RecommendationOctober 13, 2023 | msn.comTeen who died at hospital after being shot near Churchill Downs identifiedOctober 13, 2023 | bizjournals.comChurchill Downs names Patrick Neely president of Exacta SystemsOctober 13, 2023 | msn.comCapital One Initiates Coverage of Churchill Downs (CHDN) with Overweight RecommendationOctober 5, 2023 | finance.yahoo.comWith 74% ownership of the shares, Churchill Downs Incorporated (NASDAQ:CHDN) is heavily dominated by institutional ownersOctober 4, 2023 | finance.yahoo.comChurchill Downs Incorporated 2023 Third Quarter Financial Results Conference Call InvitationOctober 3, 2023 | markets.businessinsider.comChurchill Downs Analyst Sized Up 'High-Quality Kentucky Derby Asset': Project Pipeline Includes CasinosOctober 3, 2023 | msn.comChurchill Downs gains after Stifel calls it one of the best gaming growth storiesSeptember 28, 2023 | finance.yahoo.comChurchill Downs (CHDN) Unveils a New Rosie's Gaming EmporiumSeptember 26, 2023 | finance.yahoo.comChurchill Downs Incorporated Opens Rosie’s Gaming Emporium in Emporia, VirginiaSeptember 25, 2023 | msn.comLMPD: Man in critical condition at hospital after being shot in near Churchill DownsSeptember 18, 2023 | msn.comLMPD looking for person of interest in incident that happened near Churchill DownsSeptember 17, 2023 | msn.comChurchill Downs announces location for new Ellis Park extensionSee 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 Earnings10/25/2023Today11/30/2023Ex-Dividend for 1/5 Dividend11/30/2023Fiscal Year End12/31/2023Dividend Payable1/05/2024Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Racing, including track operation Sub-IndustryCasinos & Gaming SectorConsumer Discretionary Current SymbolNASDAQ:CHDN CUSIP17148410 CIK20212 Webwww.churchilldownsincorporated.com Phone(502) 636-4400Fax502-636-4430Employees7,000Year Founded1875Price Target and Rating Average Stock Price Target$139.81 High Stock Price Target$148.00 Low Stock Price Target$121.50 Potential Upside/Downside+21.3%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$4.71 Trailing P/E Ratio24.47 Forward P/E Ratio22.34 P/E GrowthN/ANet Income$439.40 million Net Margins15.15% Pretax Margin20.45% Return on Equity49.33% Return on Assets5.73% Debt Debt-to-Equity Ratio5.24 Current Ratio0.55 Quick Ratio0.55 Sales & Book Value Annual Sales$1.81 billion Price / Sales4.75 Cash Flow$5.60 per share Price / Cash Flow20.58 Book Value$11.91 per share Price / Book9.68Miscellaneous Outstanding Shares74,600,000Free Float70,880,000Market Cap$8.60 billion OptionableOptionable Beta1.08 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. William C. Carstanjen (Age 55)CEO & Director Comp: $5.55MMr. William E. Mudd (Age 52)President & COO Comp: $3.23MMs. Marcia Ann Dall CPA (Age 59)Executive VP & CFO Comp: $2.28MMr. Bradley K. Blackwell (Age 51)Executive VP, General Counsel & Secretary Comp: $1.39MMs. Maureen Adams (Age 59)Executive Vice President of Gaming Operations Comp: $1.26MJon 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 CompetitorsThe Liberty SiriusXM GroupNASDAQ:LSXMKBJ's Wholesale ClubNYSE:BJThe Liberty SiriusXM GroupNASDAQ:LSXMASkechers U.S.A.NYSE:SKXToroNYSE:TTCView All CompetitorsInsiders & InstitutionsDeutsche Bank AGSold 1,186 shares on 11/24/2023Ownership: 0.008%Comerica BankSold 9,527 shares on 11/21/2023Ownership: 0.030%Morgan StanleyBought 89,132 shares on 11/16/2023Ownership: 0.568%Public Employees Retirement System of OhioSold 3,229 shares on 11/16/2023Ownership: 0.039%Creative PlanningSold 436 shares on 11/16/2023Ownership: 0.002%View All Insider TransactionsView 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 year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CHDN shares. View CHDN analyst ratings or view top-rated stocks. What is Churchill Downs' stock price target for 2024? 8 analysts have issued 12-month price objectives for Churchill Downs' shares. Their CHDN share price targets range from $121.50 to $148.00. On average, they predict the company's share price to reach $139.81 in the next twelve months. This suggests a possible upside of 21.3% 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 2023? Churchill Downs' stock was trading at $105.7150 at the beginning of 2023. Since then, CHDN stock has increased by 9.0% and is now trading at $115.28. View the best growth stocks for 2023 here. When is Churchill Downs' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our CHDN earnings forecast. How were Churchill Downs' earnings last quarter? Churchill Downs Incorporated (NASDAQ:CHDN) announced its quarterly earnings data on Wednesday, October, 25th. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.84 by $0.03. The company earned $572.50 million during the quarter, compared to analysts' expectations of $568.55 million. Churchill Downs had a net margin of 15.15% and a trailing twelve-month return on equity of 49.33%. The business's revenue for the quarter was up 49.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.81 EPS. How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs? Churchill Downs declared an annual dividend on Wednesday, November 29th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.382 per share on Friday, January 5th. This represents a yield of 0.35%. The ex-dividend date 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 $0.36 per share and currently has a dividend yield of 0.30%. 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 7.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHDN will have a dividend payout ratio of 6.13% 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), Invesco Leisure and Entertainment ETF (PEJ), B.A.D. Etf (BAD), Corbett Road Tactical Opportunity ETF (OPPX), Fidelity Small-Mid Cap Opportunities 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's stock split on Monday, May 22nd 2023. The 2-1 split was announced on Tuesday, April 25th 2023. The newly created 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 many different retail and institutional investors. Top institutional shareholders include FMR LLC (8.55%), Schroder Investment Management Group (2.35%), London Co. of Virginia (2.28%), Ameriprise Financial Inc. (1.46%), Brown Advisory Inc. (0.99%) and Bank of New York Mellon Corp (0.89%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:CHDN) was last updated on 11/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Churchill Downs Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.