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 Thursday, November 1st. Investors of record on Friday, December 7th will be given a dividend of $1.63 per share on Friday, January 4th. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, December 6th. This is a positive change from Churchill Downs's previous annual dividend of $1.52. View Churchill Downs' Dividend History.

Churchill Downs declared that its Board of Directors has approved a stock repurchase plan on Saturday, December 2nd 2017, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its stock is undervalued.

Churchill Downs, Inc. (NASDAQ:CHDN) announced its quarterly earnings data on Wednesday, October, 31st. The company reported $1.05 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.48 by $0.43. The business earned $221.30 million during the quarter, compared to the consensus estimate of $208.87 million. Churchill Downs had a return on equity of 30.33% and a net margin of 39.18%. Churchill Downs's revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.08 earnings per share. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Churchill Downs.

2 brokerages have issued twelve-month target prices for Churchill Downs' shares. Their predictions range from $280.00 to $325.00. On average, they anticipate Churchill Downs' stock price to reach $302.50 in the next twelve months. This suggests a possible upside of 16.8% 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.

Press coverage about CHDN stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing 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 media sentiment score of 0.6 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Some companies that are related to Churchill Downs include IQIYI (IQ), MGM Resorts International (MGM), TAL Education Group (TAL), Viacom (VIAB), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Hasbro (HAS), Carnival (CUK), Live Nation Entertainment (LYV), Makita (MKTAY), Wynn Resorts (WYNN), ANTA Sports Products (ANPDF), Vail Resorts (MTN), Wynn Macau (WYNMF), Under Armour (UAA) and InterContinental Hotels Group (IHG).

Churchill Downs' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.72%), FMR LLC (2.73%), Artemis Investment Management LLP (2.16%), Acadian Asset Management LLC (2.01%), Bank of New York Mellon Corp (1.45%) and Citadel Advisors LLC (1.19%). 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 Acadian Asset Management LLC, Artemis Investment Management LLP, Renaissance Technologies LLC, Bank of New York Mellon Corp, Gamco Investors INC. ET AL, Chicago Equity Partners LLC, Deutsche Bank AG and Engineers Gate Manager LP. 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 purchased by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Citadel Advisors LLC, BlackRock Inc., RK Capital Management LLC, FMR LLC, Eidelman Virant Capital, Smithfield Trust Co. and Assenagon Asset Management S.A.. 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 $258.99.

Churchill Downs has a market capitalization of $3.53 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.

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