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Churchill Downs Stock Price, Forecast & Analysis (NASDAQ:CHDN)

$128.25
-1.15 (-0.89 %)
(As of 11/22/2019 02:00 AM ET)
Today's Range
$127.94
Now: $128.25
$129.92
50-Day Range
$122.04
MA: $128.85
$134.69
52-Week Range
$74.58
Now: $128.25
$135.32
Volume274,500 shs
Average Volume272,411 shs
Market Capitalization$5.13 billion
P/E Ratio35.23
Dividend Yield0.42%
Beta1.21
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.01 billion
Cash Flow$5.36 per share
Book Value$11.63 per share

Profitability

Net Income$352.80 million

Miscellaneous

Employees4,100
Market Cap$5.13 billion
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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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 declared an annual dividend on Wednesday, October 30th. Stockholders of record on Friday, December 6th will be given 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 an increase 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?

Shares of Churchill Downs split on Monday, January 28th 2019. The 3-1 split was announced on Wednesday, October 31st 2018. The newly issued shares were issued 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.

How will Churchill Downs' stock buyback program work?

Churchill Downs announced that its Board of Directors has authorized a share buyback program on Saturday, December 2nd 2017, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's board believes its stock is undervalued.

How were Churchill Downs' earnings last quarter?

Churchill Downs, Inc. (NASDAQ:CHDN) issued its earnings results on Wednesday, October, 30th. The company reported $0.55 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.53 by $0.02. The company had revenue of $306.30 million for the quarter, compared to the consensus estimate of $299.27 million. Churchill Downs had a return on equity of 33.71% and a net margin of 11.43%. The firm's quarterly revenue was up 38.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.53 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, February 26th 2020. View Earnings Estimates for Churchill Downs.

What price target have analysts set for CHDN?

4 brokerages have issued 1-year target prices for Churchill Downs' shares. Their forecasts range from $105.00 to $150.00. On average, they anticipate Churchill Downs' stock price to reach $132.50 in the next year. This suggests a possible upside of 3.3% from the stock's current price. View Analyst Price Targets for Churchill Downs.

What is the consensus analysts' recommendation for Churchill Downs?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Churchill Downs.

Has Churchill Downs been receiving favorable news coverage?

Media stories about CHDN stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Churchill Downs earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Churchill Downs.

Are investors shorting Churchill Downs?

Churchill Downs saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,110,000 shares, an increase of 12.8% from the September 30th total of 1,870,000 shares. Based on an average daily volume of 260,500 shares, the days-to-cover ratio is presently 8.1 days. Approximately 6.1% of the shares of the company are sold short. View Churchill Downs' Current Options Chain.

Who are some of Churchill Downs' key 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 Alibaba Group (BABA), MGM Resorts International (MGM), Netflix (nflx), Lam Research (LRCX), Ford Motor (f), AT&T (t), Verizon Communications (vz), Amgen (AMGN), Baidu (BIDU) and Biogen (BIIB).

Who are Churchill Downs' key executives?

Churchill Downs' management team includes the folowing 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

Who are Churchill Downs' major shareholders?

Churchill Downs' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (1.62%), GW&K Investment Management LLC (0.94%), Emerald Advisers LLC (0.80%), Gamco Investors INC. ET AL (0.76%), Emerald Mutual Fund Advisers Trust (0.76%) and Gabelli Funds LLC (0.51%). Company insiders that own Churchill Downs stock include Austin W Miller, Daniel P Harrington, Karole Lloyd, R Alex Rankin, Richard L Duchossois and Robert L Evans. View Institutional Ownership Trends for Churchill Downs.

Which institutional investors are selling Churchill Downs stock?

CHDN stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Gamco Investors INC. ET AL, Tygh Capital Management Inc., Eagle Asset Management Inc., Gabelli Funds LLC, Systematic Financial Management LP, Virginia Retirement Systems ET AL and Chicago Equity Partners LLC. View Insider Buying and Selling for Churchill Downs.

Which institutional investors are buying Churchill Downs stock?

CHDN stock was purchased by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, GW&K Investment Management LLC, California Public Employees Retirement System, First Trust Advisors LP, Emerald Mutual Fund Advisers Trust, State of Tennessee Treasury Department, Assenagon Asset Management S.A. and State of Alaska Department of Revenue. Company insiders that have bought Churchill Downs stock in the last two years include Karole Lloyd, 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, Robinhood, Fidelity and Charles Schwab.

What is Churchill Downs' stock price today?

One share of CHDN stock can currently be purchased for approximately $128.25.

How big of a company is Churchill Downs?

Churchill Downs has a market capitalization of $5.13 billion and generates $1.01 billion in revenue each year. The company earns $352.80 million in net income (profit) each year or $3.64 on an earnings per share basis. Churchill Downs employs 4,100 workers across the globe.View Additional Information About Churchill Downs.

What is Churchill Downs' official website?

The official website for Churchill Downs is http://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]


MarketBeat Community Rating for Churchill Downs (NASDAQ CHDN)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  360 (Vote Outperform)
Underperform Votes:  323 (Vote Underperform)
Total Votes:  683
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 11/22/2019 by MarketBeat.com Staff

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