Churchill Downs Incorporated operates as a racing, gaming, and online entertainment company in the United States. It operates through Racing, Casinos, TwinSpires, and Other Investments segments. The company operates 4 racetracks, including Churchill Downs Racetrack in Louisville, Kentucky; Arlington International Race Course in Arlington Heights with 11 off-track betting (OTB) facilities in Illinois; Fair Grounds Race Course in New Orleans along with 12 OTBs in Louisiana; and Calder Race Course in Miami Gardens, Florida. It also operates five casinos, which provides brick-and-mortar real-money casino gaming services with approximately 10,000 gaming positions; and operates 3 hotels. In addition, the company through TwinSpires.com operates mobile and online wagering business; and a platform for betting on horseracing, as well as offers streaming video of live horse races, replays, and an assortment of racing information. Further, it offers reports, statistical information, handicapping information, pedigrees, and other data for the thoroughbred horse industry through Brisnet.com and TwinSpires.com. Additionally, the company manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses; and provides totalisator and Internet-based interactive gaming services. Churchill Downs Incorporated was founded in 1928 and is headquartered in Louisville, Kentucky.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Racing, including track operation
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
SymbolNASDAQ:CHDN
CUSIP17148410
Phone502-636-4400
Debt
Debt-to-Equity Ratio1.95
Current Ratio1.29
Quick Ratio1.29
Price-To-Earnings
Trailing P/E Ratio45.93
Forward P/E Ratio25.19
P/E Growth1.27
Sales & Book Value
Annual Sales$882.60 million
Price / Sales4.15
Cash Flow$13.3953 per share
Price / Cash20.16
Book Value$41.55 per share
Price / Book6.50
Profitability
EPS (Most Recent Fiscal Year)$5.88
Net Income$140.50 million
Net Margins32.00%
Return on Equity27.68%
Return on Assets7.15%
Miscellaneous
Employees4,300
Outstanding Shares13,560,000
Market Cap$3.70 billion
Churchill Downs (NASDAQ:CHDN) Frequently Asked Questions
What is Churchill Downs' stock symbol?
Churchill Downs trades on the NASDAQ under the ticker symbol "CHDN."
How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs?
Churchill Downs declared an annual dividend on Friday, October 27th. Shareholders of record on Friday, December 1st will be paid a dividend of $1.52 per share on Friday, January 5th. This represents a yield of 0.73%. The ex-dividend date of this dividend is Thursday, November 30th. This is a boost from Churchill Downs's previous annual dividend of $1.32. View Churchill Downs' Dividend History.
How will Churchill Downs' stock buyback program work?
Churchill Downs announced that its board has initiated a share buyback plan on Saturday, December 2nd 2017, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.
How were Churchill Downs' earnings last quarter?
Churchill Downs, Inc. (NASDAQ:CHDN) posted its quarterly earnings data on Wednesday, August, 1st. The company reported $7.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.43 by $0.28. The firm earned $379.40 million during the quarter, compared to analyst estimates of $371.30 million. Churchill Downs had a net margin of 32.00% and a return on equity of 27.68%. The business's revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the business earned $4.81 earnings per share. View Churchill Downs' Earnings History.
When is Churchill Downs' next earnings date?
How can I listen to Churchill Downs' earnings call?
Churchill Downs will be holding an earnings conference call on Thursday, November 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773720878.
What price target have analysts set for CHDN?
2 Wall Street analysts have issued 1 year price targets for Churchill Downs' stock. Their predictions range from $290.00 to $325.00. On average, they anticipate Churchill Downs' stock price to reach $307.50 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets for Churchill Downs.
What is the consensus analysts' recommendation for Churchill Downs?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Churchill Downs.
Who are some of Churchill Downs' key competitors?
Some companies that are related to Churchill Downs include MGM Resorts International (MGM), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Viacom (VIAB), Hasbro (HAS), Norwegian Cruise Line (NCLH), Rtl Group (RGLXF), Makita (MKTAY), Wynn Resorts (WYNN), Carnival (CUK), Scripps Networks Interactive (SNI), TAL Education Group (TAL), UBISOFT Entmt S/ADR (UBSFY), Mohawk Industries (MHK), Wyndham Worldwide (WYN) and Wynn Macau (WYNMF).
Who are Churchill Downs' key executives?
Churchill Downs' management team includes the folowing people:
- Mr. William C. Carstanjen, CEO & Director (Age 50)
- Mr. William E. Mudd, Pres & COO (Age 47)
- Ms. Marcia Ann Dall, Exec. VP & CFO (Age 54)
- Mr. Chad E. Dobson, Chief Accounting Officer & VP
- Mr. Benjamin C. Murr, Sr. VP & CTO
Who are Churchill Downs' major shareholders?
Churchill Downs' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Eidelman Virant Capital (0.14%), Stock Yards Bank & Trust Co. (0.08%), Louisiana State Employees Retirement System (0.02%), Strs Ohio (0.01%) and Bank of Montreal Can (0.00%). Company insiders that own Churchill Downs stock include Daniel P Harrington, R Alex Rankin, Richard L Duchossois and Robert L Evans. View Institutional Ownership Trends for Churchill Downs.
Which major investors are selling Churchill Downs stock?
CHDN stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Strs Ohio. Company insiders that have sold Churchill Downs company stock in the last year include Daniel P Harrington and Robert L Evans. View Insider Buying and Selling for Churchill Downs.
Which major investors are buying Churchill Downs stock?
CHDN stock was purchased by a variety of institutional investors in the last quarter, including Eidelman Virant Capital, Louisiana State Employees Retirement System and Stock Yards Bank & Trust Co.. Company insiders that have bought Churchill Downs stock in the last two years include R Alex Rankin and Richard L Duchossois. View Insider Buying and Selling for Churchill Downs.
How do I buy shares of 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.
What is Churchill Downs' stock price today?
One share of CHDN stock can currently be purchased for approximately $270.07.
How big of a company is Churchill Downs?
Churchill Downs has a market capitalization of $3.70 billion and generates $882.60 million in revenue each year. The company earns $140.50 million in net income (profit) each year or $5.88 on an earnings per share basis. Churchill Downs employs 4,300 workers across the globe.
What is Churchill Downs' official website?
How can I contact Churchill Downs?
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]
MarketBeat Community Rating for Churchill Downs (NASDAQ CHDN)
MarketBeat's community ratings are surveys of what our community members think about Churchill Downs and other stocks. Vote "Outperform" if you believe CHDN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHDN will underperform the S&P 500 over the long term. You may vote once every thirty days.
