Churchill Downs (CHDN) Stock Price, News & Analysis

-0.11 (-0.09%)
(As of 04/24/2024 ET)
Today's Range
50-Day Range
52-Week Range
687,205 shs
Average Volume
375,630 shs
Market Capitalization
$9.09 billion
P/E Ratio
Dividend Yield
Price Target

Churchill Downs MarketRank™ Stock Analysis

Analyst Rating
3.00 Rating Score
16.0% Upside
$143.13 Price Target
Short Interest
2.56% of Shares Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.53mentions of Churchill Downs in the last 14 days
Based on 21 Articles This Week
Insider Trading
Proj. Earnings Growth
From $5.48 to $7.12 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.

4.63 out of 5 stars

Consumer Discretionary Sector

19th out of 270 stocks

Racing, Including Track Operation Industry

1st out of 1 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 three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sports books; 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

The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
The system that called 2023’s top 7 stocks is at it again…
Look 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.
10 Fastest Growing Cities in Kentucky
Churchill Downs (CHDN) Set to Announce Earnings on Wednesday
Wells Fargo Upgrades Churchill Downs (CHDN)
See More Headlines
Receive CHDN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Churchill Downs and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Racing, including track operation
Casinos & Gaming
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
8 Analysts


Net Income
$417.30 million
Pretax Margin


Sales & Book Value

Annual Sales
$2.46 billion
Cash Flow
$7.60 per share
Book Value
$11.98 per share


Free Float
Market Cap
$9.09 billion

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. William C. Carstanjen (Age 56)
    CEO & Director
    Comp: $5.16M
  • Mr. William E. Mudd (Age 53)
    President & COO
    Comp: $3.03M
  • Ms. Marcia Ann Dall CPA (Age 60)
    Executive VP & CFO
    Comp: $2.1M
  • Mr. Bradley K. Blackwell (Age 51)
    Executive VP, General Counsel & Secretary
    Comp: $1.55M
  • Ms. Maureen Adams (Age 59)
    Executive Vice President of Gaming Operations
    Comp: $1.32M
  • 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?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CHDN shares.
View CHDN analyst ratings
or view top-rated stocks.

What is Churchill Downs' stock price target for 2024?

8 Wall Street analysts have issued 1 year target prices for Churchill Downs' shares. Their CHDN share price targets range from $138.00 to $150.00. On average, they anticipate the company's share price to reach $143.13 in the next twelve months. This suggests a possible upside of 16.0% 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 at the start of the year. Since then, CHDN stock has decreased by 8.6% and is now trading at $123.39.
View the best growth stocks for 2024 here

Are investors shorting Churchill Downs?

Churchill Downs saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 1,890,000 shares, a drop of 6.0% from the March 15th total of 2,010,000 shares. Based on an average daily volume of 367,600 shares, the short-interest ratio is presently 5.1 days.
View Churchill Downs' Short Interest

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 can I listen to Churchill Downs' earnings call?

Churchill Downs will be holding an earnings conference call on Thursday, April 25th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Churchill Downs' earnings last quarter?

Churchill Downs Incorporated (NASDAQ:CHDN) announced its quarterly earnings data on Wednesday, February, 21st. The company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates 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 45.43% and a net margin of 16.95%. Churchill Downs's revenue was up 16.9% compared to the same quarter last year. During the same period in the previous year, the company posted $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 paid a dividend of $0.382 per share on Friday, January 5th. This represents a dividend 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 0.32%. 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 5.34% 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?

Churchill Downs's stock split before market open on Monday, May 22nd 2023. The 2-1 split was announced on Tuesday, April 25th 2023. The newly created shares were issued to shareholders after the closing bell 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 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), Boeing (BA), CRISPR Therapeutics (CRSP) and Teladoc Health (TDOC).

Who are Churchill Downs' major shareholders?

Churchill Downs' stock is owned by many different institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (0.29%), Sapient Capital LLC (0.11%), Raymond James & Associates (0.07%), Amalgamated Bank (0.05%), Sage Investment Advisers LLC (0.04%) and Louisiana State Employees Retirement System (0.03%). 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 4/24/2024 by Staff

From Our Partners