NASDAQ:CHDN Churchill Downs Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Churchill Downs, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $158.31 -3.39 (-2.10 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$156.04Now: $158.31▼$165.4250-Day Range$138.52MA: $166.90▼$180.2952-Week Range$52.90Now: $158.31▼$183.34Volume564,858 shsAverage Volume370,831 shsMarket Capitalization$6.24 billionP/E RatioN/ADividend Yield0.36%Beta1.26 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Churchill Downs Incorporated operates as a racing, gaming, and online entertainment company in the United States. It operates through Racing, Casinos, Online Wagering, and Other Investments and Corporate segments. The company operates 4 racetracks, including Churchill Downs Racetrack in Louisville, Kentucky; Arlington International Race Course in Arlington Heights with 12 off-track betting (OTB) facilities in Illinois; Fair Grounds Race Course in New Orleans along with 14 OTBs in Louisiana; and Calder Race Course in Miami Gardens, Florida. It also operates 7 casinos, which provides brick-and-mortar casino gaming services with approximately 9,500 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 and handicapping 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.Read More Beat the Market (BTM) Rank™ 2.2 Analyst's Opinion Consensus RatingChurchill Downs has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $174.67, Churchill Downs has a forecasted upside of 10.3% from its current price of $158.31.Amount of Analyst CoverageChurchill Downs has only been the subject of 3 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesChurchill Downs has received 400 “outperform” votes. (Add your “outperform” vote.)Underperform VotesChurchill Downs has received 362 “underperform” votes. (Add your “underperform” vote.)Community SentimentChurchill Downs has received 52.49% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldChurchill Downs has a dividend yield of 0.36%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthChurchill Downs has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Churchill Downs is 13.09%. 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 9.72% next year. This indicates that Churchill Downs will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Churchill Downs insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,343,122.00 in company stock.Percentage Held by InsidersOnly 4.28% of the stock of Churchill Downs is held by insiders.Percentage Held by Institutions75.02% 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 329.50% in the coming year, from $1.39 to $5.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Churchill Downs is -50.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Churchill Downs is -50.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioChurchill Downs has a P/B Ratio of 12.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.86 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Racing, including track operation Sub-IndustryCasinos & Gaming SectorConsumer Discretionary Current SymbolNASDAQ:CHDN Previous Symbol CUSIP17148410 CIK20212 Webwww.churchilldownsincorporated.com Phone502-636-4400Debt Debt-to-Equity Ratio6.71 Current Ratio1.67 Quick Ratio1.67Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio113.89 P/E GrowthN/A Sales & Book Value Annual Sales$1.33 billion Price / Sales4.69 Cash Flow$6.67 per share Price / Cash Flow23.75 Book Value$12.76 per share Price / Book12.41Profitability EPS (Most Recent Fiscal Year)$4.43 Net Income$137.50 million Net Margins-12.04% Return on Equity4.40% Return on Assets0.69%Miscellaneous Employees5,500 Outstanding Shares39,434,000Market Cap$6.24 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $158.31 -3.39 (-2.10 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CHDN News and Ratings via Email Sign-up to receive the latest news and ratings for CHDN and its competitors with MarketBeat's FREE daily newsletter. Churchill Downs (NASDAQ:CHDN) Frequently Asked Questions How has Churchill Downs' stock been impacted by COVID-19 (Coronavirus)? Churchill Downs' stock was trading at $98.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CHDN stock has increased by 60.1% and is now trading at $158.31. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 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. When is Churchill Downs' next earnings date? Churchill Downs is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Churchill Downs. How were Churchill Downs' earnings last quarter? Churchill Downs, Inc. (NASDAQ:CHDN) released its quarterly earnings results on Wednesday, July, 29th. The company reported ($0.53) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.55) by $0.02. The business had revenue of $185.10 million for the quarter, compared to analyst estimates of $120.03 million. Churchill Downs had a positive return on equity of 4.40% and a negative net margin of 12.04%. The firm's revenue was down 61.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.83 EPS. View Churchill Downs' earnings history. How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs? Churchill Downs announced an annual dividend on Wednesday, October 30th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.581 per share on Friday, January 3rd. This represents a dividend yield of 0.45%. The ex-dividend date is Thursday, December 5th. This is a boost from Churchill Downs's previous annual dividend of $0.54. View Churchill Downs' dividend history. When did Churchill Downs' stock split? How did Churchill Downs' stock split work? Churchill Downs's stock split before market open 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 market closes 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. What price target have analysts set for CHDN? 3 brokers have issued 12 month price objectives for Churchill Downs' stock. Their forecasts range from $148.00 to $191.00. On average, they anticipate Churchill Downs' stock price to reach $174.67 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View analysts' price targets for Churchill Downs. Are investors shorting Churchill Downs? Churchill Downs saw a decline in short interest during the month of August. As of August 14th, there was short interest totaling 2,570,000 shares, a decline of 15.5% from the July 30th total of 3,040,000 shares. Based on an average daily trading volume, of 370,900 shares, the days-to-cover ratio is presently 6.9 days. Currently, 7.4% of the company's shares are short sold. View Churchill Downs' Short Interest. Who are some of Churchill Downs' key competitors? Some companies that are related to Churchill Downs include Las Vegas Sands (LVS), MGM Resorts International (MGM), Penn National Gaming (PENN), Wynn Resorts (WYNN), Caesars Entertainment (CZR), Advanced Drainage Systems (WMS), Scientific Games (SGMS), Boyd Gaming (BYD), International Game Technology (IGT) and Monarch Casino & Resort (MCRI). View all competitors. 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 Group (MRVL), Alibaba Group (BABA), Intuitive Surgical (ISRG), Baidu (BIDU), Square (SQ), JD.Com (JD), Crispr Therapeutics (CRSP), Cisco Systems (CSCO) and Teladoc Health (TDOC). Who are Churchill Downs' key executives? Churchill Downs' management team includes the following people: Mr. William C. Carstanjen, CEO & Director (Age 51)Mr. William E. Mudd, Pres & COO (Age 48)Ms. Marcia Ann Dall, Exec. VP & CFO (Age 55)Mr. Austin W. Miller, Sr. VP of Gaming Operations (Age 55)Mr. Chad E. Dobson, Chief Accounting Officer & VP What is Churchill Downs' stock symbol? Churchill Downs trades on the NASDAQ under the ticker symbol "CHDN." Who are Churchill Downs' major shareholders? Churchill Downs' stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (8.96%), Vanguard Group Inc. (8.16%), Par Capital Management Inc. (2.66%), Victory Capital Management Inc. (1.52%), London Co. of Virginia (1.46%) and Bank of New York Mellon Corp (1.09%). Company insiders that own Churchill Downs stock include Austin W Miller, Daniel P Harrington, Karole Lloyd, Paul C Varga, R Alex Rankin, Richard L Duchossois and William E Mudd. 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 Balyasny Asset Management LLC, GW&K Investment Management LLC, Gamco Investors INC. ET AL, Russell Investments Group Ltd., AQR Capital Management LLC, Vanguard Group Inc., Teton Advisors Inc., and Three Peaks Capital Management LLC. Company insiders that have sold Churchill Downs company stock in the last year include Austin W Miller, Daniel P Harrington, and William E Mudd. View insider buying and selling activity for Churchill Downs. Which major investors are buying Churchill Downs stock? CHDN stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Victory Capital Management Inc., ProShare Advisors LLC, Nordea Investment Management AB, Canada Pension Plan Investment Board, Driehaus Capital Management LLC, RK Capital Management LLC, and Exchange Traded Concepts LLC. Company insiders that have bought Churchill Downs stock in the last two years include Karole Lloyd, Paul C Varga, R Alex Rankin, and Richard L Duchossois. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Churchill Downs' stock price today? One share of CHDN stock can currently be purchased for approximately $158.31. How big of a company is Churchill Downs? Churchill Downs has a market capitalization of $6.24 billion and generates $1.33 billion in revenue each year. The company earns $137.50 million in net income (profit) each year or $4.43 on an earnings per share basis. Churchill Downs employs 5,500 workers across the globe. What is Churchill Downs' official website? The official website for Churchill Downs is www.churchilldownsincorporated.com. 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] This page was last updated on 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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. 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