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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
AI Stock Caught Trading Under Secret Name (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
AI Stock Caught Trading Under Secret Name (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
AI Stock Caught Trading Under Secret Name (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
AI Stock Caught Trading Under Secret Name (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
AI Stock Caught Trading Under Secret Name (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
AI Stock Caught Trading Under Secret Name (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
AI Stock Caught Trading Under Secret Name (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
AI Stock Caught Trading Under Secret Name (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
AI Stock Caught Trading Under Secret Name (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
NASDAQ:CHDN

Churchill Downs (CHDN) Stock Price, News & Analysis

$122.88
+3.02 (+2.52%)
(As of 02/23/2024 ET)
Today's Range
$119.56
$123.24
50-Day Range
$116.25
$135.60
52-Week Range
$106.45
$150.45
Volume
565,947 shs
Average Volume
281,353 shs
Market Capitalization
$9.17 billion
P/E Ratio
22.53
Dividend Yield
0.31%
Price Target
$142.43

Churchill Downs MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
16.1% Upside
$142.71 Price Target
Short Interest
Healthy
2.69% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.92
Upright™ Environmental Score
News Sentiment
0.56mentions of Churchill Downs in the last 14 days
Based on 29 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
28.44%
From $5.59 to $7.18 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.54 out of 5 stars

Consumer Discretionary Sector

35th out of 265 stocks

Racing, Including Track Operation Industry

1st out of 2 stocks


CHDN stock logo

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.

CHDN Stock Price History

CHDN Stock News Headlines

Churchill Downs price target raised by $2 at Macquarie, here's why
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Q4 2023 Churchill Downs Inc Earnings Call
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Churchill Downs Earnings Preview
CHDN Mar 2024 185.000 call
CHDN Mar 2024 190.000 call
CHDN Mar 2024 125.000 call
CHDN Feb 2024 165.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 1/5 Dividend
11/30/2023
Dividend Payable
1/05/2024
Last Earnings
2/21/2024
Today
2/24/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Racing, including track operation
Sub-Industry
Casinos & Gaming
Current Symbol
NASDAQ:CHDN
CUSIP
17148410
Employees
7,000
Year Founded
1875

Price Target and Rating

Average Stock Price Target
$142.71
High Stock Price Target
$150.00
Low Stock Price Target
$137.00
Potential Upside/Downside
+15.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$439.40 million
Pretax Margin
20.45%

Debt

Sales & Book Value

Annual Sales
$2.46 billion
Cash Flow
$6.00 per share
Book Value
$7.37 per share

Miscellaneous

Free Float
70,880,000
Market Cap
$9.17 billion
Optionable
Optionable
Beta
1.04

Social Links

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Key Executives

  • Mr. William C. Carstanjen (Age 56)
    CEO & Director
    Comp: $5.55M
  • Mr. William E. Mudd (Age 53)
    President & COO
    Comp: $3.23M
  • Ms. Marcia Ann Dall CPA (Age 60)
    Executive VP & CFO
    Comp: $2.28M
  • Mr. Bradley K. Blackwell (Age 52)
    Executive VP, General Counsel & Secretary
    Comp: $1.39M
  • Ms. Maureen Adams (Age 59)
    Executive Vice President of Gaming Operations
    Comp: $1.26M
  • Jon E. Rauch
    VP & Chief Accounting Officer
  • Mr. Nate Simon
    Senior VP & CTO
  • Kaitlin Buzzetto
    Director of Investor Relations
  • Mr. Jason Sauer
    Senior Vice President of Corporate Development
  • Ms. Katherine Armstrong
    Senior VP of Human Resources














CHDN Stock Analysis - Frequently Asked Questions

Should I buy or sell Churchill Downs stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research 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?

7 Wall Street analysts have issued 12-month target prices for Churchill Downs' shares. Their CHDN share price targets range from $137.00 to $150.00. On average, they anticipate the company's stock price to reach $142.71 in the next year. This suggests a possible upside of 16.1% 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 2024?

Churchill Downs' stock was trading at $134.93 on January 1st, 2024. Since then, CHDN shares have decreased by 8.9% and is now trading at $122.88.
View the best growth stocks for 2024 here
.

When is Churchill Downs' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our CHDN earnings forecast
.

How were Churchill Downs' earnings last quarter?

Churchill Downs Incorporated (NASDAQ:CHDN) posted its quarterly earnings results on Wednesday, February, 21st. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.68 by $0.18. The company earned $561.20 million during the quarter, compared to the consensus estimate of $553.05 million. Churchill Downs had a trailing twelve-month return on equity of 46.51% and a net margin of 16.95%. The company's revenue for the quarter was up 16.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.73 EPS.

How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs?

Churchill Downs announced an annual dividend on Thursday, November 30th. Shareholders of record on Friday, December 1st will be given a dividend of $0.382 per share on Friday, January 5th. This represents a yield of 0.35%. The ex-dividend date of this dividend is Thursday, November 30th. This is a boost 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 $0.38 per share and currently has a dividend yield of 0.33%. 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 6.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHDN will have a dividend payout ratio of 5.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHDN.

When did Churchill Downs' stock split?

Shares of Churchill Downs split before market open on Monday, May 22nd 2023. The 2-1 split was announced on Tuesday, April 25th 2023. The newly minted shares were payable 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 a variety of retail and institutional investors. Top institutional investors include Capital Research Global Investors (9.13%), Vanguard Group Inc. (9.02%), Capital International Investors (3.19%), Schroder Investment Management Group (2.27%), Boston Partners (1.09%) and Jennison Associates LLC (1.08%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CHDN) was last updated on 2/24/2024 by MarketBeat.com Staff