NASDAQ:CHDNChurchill Downs Stock Price, Forecast & News

Churchill Downs' stock was trading at $98.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CHDN shares have increased by 27.0% and is now trading at $125.61. View which stocks have been most impacted by Coronavirus.

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

Churchill Downs is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Churchill Downs.

Churchill Downs, Inc. (NASDAQ:CHDN) posted its quarterly earnings data on Wednesday, April, 29th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by $0.11. The company earned $252.90 million during the quarter, compared to the consensus estimate of $251.45 million. Churchill Downs had a return on equity of 30.45% and a net margin of 7.78%. The company's revenue was down 4.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.63 earnings per share. View Churchill Downs' earnings history.

Churchill Downs announced 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 is Thursday, December 5th. This is a positive change from Churchill Downs's previous annual dividend of $0.54. View Churchill Downs' dividend history.

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

3 brokers have issued 12-month target prices for Churchill Downs' shares. Their forecasts range from $140.00 to $150.00. On average, they expect Churchill Downs' stock price to reach $146.00 in the next year. This suggests a possible upside of 16.2% from the stock's current price. View analysts' price targets for Churchill Downs.

News headlines about CHDN stock have been trending very negative on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Churchill Downs earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Churchill Downs.

Churchill Downs saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 3,070,000 shares, a decrease of 11.0% from the June 15th total of 3,450,000 shares. Based on an average trading volume of 450,800 shares, the short-interest ratio is presently 6.8 days. Currently, 8.8% of the company's stock are sold short. View Churchill Downs' Current Options Chain.

Some companies that are related to Churchill Downs include Las Vegas Sands (LVS), Caesars Entertainment (CZR), Wynn Resorts (WYNN), MGM Resorts International (MGM), Penn National Gaming (PENN), Advanced Drainage Systems (WMS), Boyd Gaming (BYD), International Game Technology (IGT), Scientific Games (SGMS) and Monarch Casino & Resort (MCRI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include NVIDIA (NVDA), Marvell Technology Group (MRVL), Netflix (NFLX), Baidu (BIDU), Alibaba Group (BABA), Walt Disney (DIS), AT&T (T), Intuitive Surgical (ISRG), JD.Com (JD) and Metlife (MET).

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

Churchill Downs' stock is owned by many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.06%) and Eidelman Virant Capital (0.06%). Company insiders that own Churchill Downs stock include Austin W Miller, Karole Lloyd, Paul C Varga, R Alex Rankin, Richard L Duchossois and William E Mudd. View institutional ownership trends for Churchill Downs.

CHDN stock was sold by a variety of institutional investors in the last quarter, including Eidelman Virant Capital. View insider buying and selling activity for Churchill Downs.

CHDN stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have bought Churchill Downs stock in the last two years include Karole Lloyd, Paul C Varga, R Alex Rankin, and Richard L Duchossois. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of CHDN stock can currently be purchased for approximately $125.61.

Churchill Downs has a market capitalization of $4.95 billion and generates $1.33 billion in revenue each year. The company earns $137.50 million in net income (profit) each year or $4.43 on an earnings per share basis. Churchill Downs employs 5,500 workers across the globe.

The official website for Churchill Downs is www.churchilldownsincorporated.com.

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]