NASDAQ:CHDN - Churchill Downs Stock Price, News, & Analysis

Churchill Downs trades on the NASDAQ under the ticker symbol "CHDN."

Churchill Downs declared an annual dividend on Thursday, November 1st. Shareholders of record on Friday, December 7th will be given a dividend of $0.5433 per share on Friday, January 4th. This represents a yield of 0.6%. The ex-dividend date is Thursday, December 6th. View Churchill Downs' Dividend History.

Shares of Churchill Downs split on Monday, January 28th 2019. The 3-1 split was announced on Wednesday, October 31st 2018. The newly minted shares were distributed to shareholders after the closing bell on Friday, January 25th 2019. An investor that had 100 shares of Churchill Downs stock prior to the split would have 300 shares after the split.

Churchill Downs announced that its Board of Directors has approved a share buyback plan on Saturday, December 2nd 2017, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

Churchill Downs, Inc. (NASDAQ:CHDN) issued its earnings results on Wednesday, April, 24th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.23. The company had revenue of $265.40 million for the quarter, compared to the consensus estimate of $250.57 million. Churchill Downs had a return on equity of 33.97% and a net margin of 16.81%. The firm's quarterly revenue was up 40.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.09 earnings per share. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Churchill Downs.

3 analysts have issued 1 year target prices for Churchill Downs' stock. Their forecasts range from $105.00 to $106.00. On average, they anticipate Churchill Downs' stock price to reach $105.3333 in the next year. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets for Churchill Downs.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Churchill Downs.

Press coverage about CHDN stock has been trending somewhat positive on Friday, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Churchill Downs earned a daily sentiment score of 1.9 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.

Some companies that are related to Churchill Downs include Discovery Communications (DISCA), Viacom (VIA), MGM Resorts International (MGM), Discovery Inc Series C (DISCK), IQIYI (IQ), Live Nation Entertainment (LYV), Wynn Resorts (WYNN), Hasbro (HAS), New Oriental Education & Tech Grp (EDU), Norwegian Cruise Line (NCLH), InterContinental Hotels Group (IHG), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Viacom (VIAB), Wynn Macau (WYNMF) and Under Armour (UAA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include Netflix (NFLX), Alibaba Group (BABA), MGM Resorts International (MGM), Penn National Gaming (PENN), Baidu (BIDU), Lam Research (LRCX), NVIDIA (NVDA), Tesla (TSLA), Wynn Resorts (WYNN) and Square (SQ).

Churchill Downs' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.14%), FMR LLC (1.97%), Acadian Asset Management LLC (1.53%), Northern Trust Corp (1.45%), Durational Capital Management LP (1.30%) and Geode Capital Management LLC (1.19%). Company insiders that own Churchill Downs stock include Daniel P Harrington, Karole Lloyd, R Alex Rankin, Richard L Duchossois and Robert L Evans. View Institutional Ownership Trends for Churchill Downs.

CHDN stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Marshall Wace LLP and Oxford Asset Management LLP. View Insider Buying and Selling for Churchill Downs.

CHDN stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Northern Trust Corp, Acadian Asset Management LLC, Geode Capital Management LLC, Durational Capital Management LP, Dimensional Fund Advisors LP and Emerald Advisers LLC. Company insiders that have bought Churchill Downs stock in the last two years include Karole Lloyd, R Alex Rankin and Richard L Duchossois. View Insider Buying and Selling for Churchill Downs.

Shares of CHDN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CHDN stock can currently be purchased for approximately $95.26.

Churchill Downs has a market capitalization of $3.83 billion and generates $1.01 billion in revenue each year. The company earns $352.80 million in net income (profit) each year or $3.64 on an earnings per share basis. Churchill Downs employs 4,100 workers across the globe.

The official website for Churchill Downs is http://www.churchilldownsincorporated.com/.

Churchill Downs' mailing address is 600 NORTH HURSTBOURNE PARKWAY SUITE 400, LOUISVILLE KY, 40222. The company can be reached via phone at 502-636-4400 or via email at [email protected]