NASDAQ:CHDN - Churchill Downs Stock Price, News, & Analysis

Churchill Downs trades on the NASDAQ under the ticker symbol "CHDN."

Churchill Downs announced an annual dividend on Friday, October 27th. Stockholders of record on Friday, December 1st will be given a dividend of $1.52 per share on Friday, January 5th. This represents a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, November 30th. This is a positive change from Churchill Downs's previous annual dividend of $1.32. View Churchill Downs' Dividend History.

Churchill Downs announced that its Board of Directors has approved a share repurchase program 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. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

Churchill Downs, Inc. (NASDAQ:CHDN) released its quarterly earnings data on Wednesday, August, 1st. The company reported $7.71 earnings per share for the quarter, beating analysts' consensus estimates of $7.43 by $0.28. The business had revenue of $379.40 million for the quarter, compared to the consensus estimate of $371.30 million. Churchill Downs had a return on equity of 27.68% and a net margin of 32.00%. The business's revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.81 EPS. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Churchill Downs.

2 brokers have issued 1 year price targets for Churchill Downs' shares. Their predictions range from $290.00 to $317.00. On average, they anticipate Churchill Downs' share price to reach $303.50 in the next year. This suggests a possible upside of 7.5% from the stock's current price. View Analyst Price Targets 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.

Some companies that are related to Churchill Downs include TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Viacom, Inc. Class A (VIA), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), ANTA Sports Products (ANPDF), Wynn Macau (WYNMF), Mohawk Industries (MHK), DISCOVERY COMMUNICATIONS INC. Common Stock (DISCA), TUI AG/ADR (TUIFY), Makita (MKTAY), Sharp (SHCAY), Discovery Inc Series C (DISCK), Hasbro (HAS), New Oriental Education & Tech Grp (EDU) and Norwegian Cruise Line (NCLH).

Media coverage about CHDN stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Churchill Downs earned a media and rumor sentiment score of 0.23 on Accern's scale. They also gave media coverage about the company an impact score of 47.06 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Churchill Downs.

Churchill Downs' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.41%), Scopus Asset Management L.P. (2.65%), FMR LLC (2.59%), Acadian Asset Management LLC (2.28%), Advisors Asset Management Inc. (1.67%) and Bank of New York Mellon Corp (1.53%). 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.

CHDN stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Scopus Asset Management L.P., Victory Capital Management Inc., Citadel Advisors LLC, Cypress Funds LLC, BlackRock Inc., Gamco Investors INC. ET AL and PNC Financial Services Group Inc.. 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.

CHDN stock was acquired by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Renaissance Technologies LLC, Acadian Asset Management LLC, Bank of America Corp DE, Fiera Capital Corp, EAM Investors LLC, Employees Retirement System of Texas and Engineers Gate Manager LP. 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.

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.

One share of CHDN stock can currently be purchased for approximately $282.25.

Churchill Downs has a market capitalization of $3.80 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.

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]