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

$126.26
+1.09 (+0.87 %)
(As of 11/12/2019 01:52 AM ET)
Today's Range
$124.62
Now: $126.26
$126.85
50-Day Range
$121.69
MA: $127.94
$134.69
52-Week Range
$74.58
Now: $126.26
$135.32
Volume190,000 shs
Average Volume274,312 shs
Market Capitalization$5.05 billion
P/E Ratio34.69
Dividend Yield0.43%
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$5.42 per share
Book Value$13.75 per share

Profitability

Net Income$352.80 million

Miscellaneous

Employees4,100
Market Cap$5.05 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 paid a dividend of $0.581 per share on Friday, January 3rd. This represents a dividend yield of 0.45%. The ex-dividend date of this dividend 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 created shares were distributed 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 stock 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 buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

How were Churchill Downs' earnings last quarter?

Churchill Downs, Inc. (NASDAQ:CHDN) issued its quarterly earnings results on Wednesday, October, 30th. The company reported $0.55 EPS for the quarter, topping the Zacks' consensus estimate of $0.53 by $0.02. The business earned $306.30 million during the quarter, compared to analysts' expectations of $299.27 million. Churchill Downs had a return on equity of 33.71% and a net margin of 11.43%. Churchill Downs's quarterly revenue was up 38.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.53 earnings per share. 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 Wall Street analysts have issued 12-month price targets for Churchill Downs' stock. Their forecasts range from $105.00 to $150.00. On average, they expect Churchill Downs' stock price to reach $132.50 in the next twelve months. This suggests a possible upside of 4.9% 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 been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Churchill Downs earned a news impact score of -3.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Churchill Downs.

Are investors shorting Churchill Downs?

Churchill Downs saw a decrease in short interest in October. As of October 31st, there was short interest totalling 1,870,000 shares, a decrease of 31.0% from the September 30th total of 2,710,000 shares. Based on an average trading volume of 252,800 shares, the days-to-cover ratio is currently 7.4 days. Currently, 5.4% of the shares of the company are short sold. 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), Wynn Resorts (WYNN), Square (SQ), AT&T (T), Visa (V), Verizon Communications (VZ) and Amgen (AMGN).

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 $126.26.

How big of a company is Churchill Downs?

Churchill Downs has a market capitalization of $5.05 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:  357 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  678
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 11/12/2019 by MarketBeat.com Staff

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