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

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$282.25 +3.30 (+1.18 %)
(As of 08/21/2018 05:53 AM ET)
Previous Close$278.95
Today's Range$277.90 - $283.30
52-Week Range$187.95 - $314.60
Volume44,700 shs
Average Volume52,318 shs
Market Capitalization$3.78 billion
P/E Ratio48.00
Dividend Yield0.54%
Beta0.97
Churchill Downs logoChurchill Downs Incorporated operates as a racing, gaming, and online entertainment company in the United States. It operates through Racing, Casinos, TwinSpires, and Other Investments segments. The company operates 4 racetracks, including Churchill Downs Racetrack in Louisville, Kentucky; Arlington International Race Course in Arlington Heights with 11 off-track betting (OTB) facilities in Illinois; Fair Grounds Race Course in New Orleans along with 12 OTBs in Louisiana; and Calder Race Course in Miami Gardens, Florida. It also operates five casinos, which provides brick-and-mortar real-money casino gaming services with approximately 10,000 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 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Racing, including track operation
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
SymbolNASDAQ:CHDN
CUSIP17148410
Phone502-636-4400

Debt

Debt-to-Equity Ratio1.95
Current Ratio1.29
Quick Ratio1.29

Price-To-Earnings

Trailing P/E Ratio48.00
Forward P/E Ratio26.33
P/E Growth1.3

Sales & Book Value

Annual Sales$882.60 million
Price / Sales4.34
Cash Flow$13.7015 per share
Price / Cash20.60
Book Value$41.55 per share
Price / Book6.79

Profitability

EPS (Most Recent Fiscal Year)$5.88
Net Income$140.50 million
Net Margins32.00%
Return on Equity27.68%
Return on Assets7.15%

Miscellaneous

Employees4,300
Outstanding Shares13,560,000
Market Cap$3.78 billion

Churchill Downs (NASDAQ:CHDN) Frequently Asked Questions

What is Churchill Downs' stock symbol?

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

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

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.

How will Churchill Downs' stock buyback program work?

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.

How were Churchill Downs' earnings last quarter?

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.

When is Churchill Downs' next earnings date?

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

What price target have analysts set for CHDN?

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.

What is the consensus analysts' recommendation 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.

Who are some of Churchill Downs' key competitors?

Who are Churchill Downs' key executives?

Churchill Downs' management team includes the folowing people:
  • Mr. William C. Carstanjen, CEO & Director (Age 50)
  • Mr. William E. Mudd, Pres & COO (Age 47)
  • Ms. Marcia Ann Dall, Exec. VP & CFO (Age 54)
  • Mr. Chad E. Dobson, Chief Accounting Officer and VP
  • Mr. Benjamin C. Murr, Sr. VP & CTO

Has Churchill Downs been receiving favorable news coverage?

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.

Who are Churchill Downs' major shareholders?

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.

Which major investors are selling Churchill Downs stock?

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.

Which major investors are buying Churchill Downs stock?

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.

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, Scottrade, Fidelity and Charles Schwab.

What is Churchill Downs' stock price today?

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

How big of a company is Churchill Downs?

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.

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]


MarketBeat Community Rating for Churchill Downs (NASDAQ CHDN)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  274 (Vote Outperform)
Underperform Votes:  225 (Vote Underperform)
Total Votes:  499
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.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

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