Churchill Downs (CHDN) Stock Price, News & Analysis

Company Overview

Churchill Downs Incorporated is a gaming, racing and entertainment company headquartered in Louisville, Kentucky. The company traces its origins to Churchill Downs Racetrack, which hosted the first Kentucky Derby in 1875 and remains its flagship property. Churchill Downs Incorporated operates and supports Thoroughbred racing, pari-mutuel wagering, casino gaming and related hospitality businesses.

The company’s operations include live and historical horse-racing venues, traditional casinos and historical racing-machine facilities. Its portfolio includes Churchill Downs Racetrack in Louisville and other racing and gaming properties across several U.S. states. These facilities typically offer racing, gaming, dining, entertainment and hospitality services.

Churchill Downs Incorporated also operates TwinSpires, an online wagering platform that provides advance-deposit wagering on horse racing in eligible jurisdictions. Through its racing, gaming and online businesses, the company serves customers primarily in the United States, with its properties concentrated in regions including Kentucky, Virginia, Ohio, Maine, Pennsylvania and Illinois.

Key Stats

• Today's Range: $73.44 to $77.89
• 50-Day Range: $74.82 to $93.71
• 52-Week Range: $73.43 to $118.35
• Volume: 901,621 shs
• Average Volume: 995,454 shs
• Market Capitalization: $5.15 billion
• P/E Ratio: 12.62
• Dividend Yield: 0.60%
• Price Target: $134.89
• Consensus Rating: Moderate Buy

Churchill Downs Stock Analysis - MarketRank™

Churchill Downs scored higher than 95% of companies evaluated by MarketBeat, and ranked 73rd out of 480 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Churchill Downs has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on no strong buy ratings, 10 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Churchill Downs has a consensus price target of $134.89, representing about 82.8% upside from its current price of $73.81.

Amount of Analyst Coverage

Churchill Downs has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 6.86%

Earnings Growth

Earnings for Churchill Downs are expected to grow by 6.86% in the coming year, from $7.14 to $7.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Churchill Downs is 12.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Churchill Downs is 12.63, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 44.79.

Price to Earnings Growth Ratio

Churchill Downs has a PEG Ratio of 0.74. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Churchill Downs has a P/B Ratio of 5.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.72% of the float of Churchill Downs has been sold short.

Short Interest Ratio / Days to Cover

Churchill Downs has a short interest ratio ("days to cover") of 4.74.

Change versus previous month

Short interest in Churchill Downs has recently increased by 6.23%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Churchill Downs has a dividend yield of 0.56%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Churchill Downs has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of Churchill Downs is 7.55%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Churchill Downs will have a dividend payout ratio of 5.77% next year. This indicates that Churchill Downs will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.03

News Sentiment

Churchill Downs has a news sentiment score of 0.03. 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 0.42 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Churchill Downs this week, compared to 5 articles on an average week.

Search Interest

33 people have searched for CHDN on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Churchill Downs to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 0.9 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Churchill Downs insiders have not sold or bought any company stock.

Percentage Held by Insiders

5.87% of the stock of Churchill Downs is held by insiders.

Percentage Held by Institutions

82.59% of the stock of Churchill Downs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/29/2026
• Today: 10/07/2026
• Next Earnings (Estimated): 10/28/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Hotels, Restaurants & Leisure
• Sub-Industry: Casinos & Gaming
• Current Symbol: NASDAQ:CHDN
• CIK: 20212
• Web: www.churchilldownsincorporated.com
• Phone: (502) 394-1166
• Fax: 502-636-4430
• Employees: 9,000
• Year Founded: 1875

Price Target and Rating

• Average Price Target for Churchill Downs: $134.89
• High Price Target: $157.00
• Low Price Target: $117.00
• Potential Upside/Downside: +82.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.91
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.83
• Trailing P/E Ratio: 12.63
• Forward P/E Ratio: 10.34
• P/E Growth: 0.74
• Net Income: $383 million
• Net Margins: 13.82%
• Pretax Margin: 19.57%
• Return on Equity: 42.16%
• Return on Assets: 6.31%

Debt

• Debt-to-Equity Ratio: 3.06
• Current Ratio: 0.36
• Quick Ratio: 0.36

Sales & Book Value

• Annual Sales: $2.93 billion
• Price / Sales: 1.76
• Cash Flow: $9.27 per share
• Price / Cash Flow: 7.96
• Book Value: $14.48 per share
• Price / Book: 5.10

Miscellaneous

• Outstanding Shares: 69,700,000
• Free Float: 65,609,000
• Market Cap: $5.14 billion
• Optionable: Optionable
• Beta: 0.77