NASDAQ:CHDN - Churchill Downs Stock Price, Price Target & More

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

Churchill Downs declared an annual dividend on Friday, October 27th. Investors of record on Friday, December 1st will be given a dividend of $1.52 per share on Friday, January 5th. This represents a yield of 0.73%. The ex-dividend date of this dividend is Thursday, November 30th. This is a boost from Churchill Downs's previous annual dividend of $1.32. View Churchill Downs' Dividend History.

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

Churchill Downs, Inc. (NASDAQ:CHDN) announced its earnings results on Wednesday, April, 25th. The company reported $1.09 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.94 by $0.15. The company had revenue of $189.30 million for the quarter, compared to the consensus estimate of $177.80 million. Churchill Downs had a return on equity of 20.96% and a net margin of 27.77%. Churchill Downs's revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.44 earnings per share. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Churchill Downs.

3 Wall Street analysts have issued 12-month price targets for Churchill Downs' shares. Their forecasts range from $208.00 to $290.00. On average, they expect Churchill Downs' share price to reach $253.00 in the next year. This suggests that the stock has a possible downside of 16.5%. View Analyst Ratings for Churchill Downs.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Churchill Downs include Wynn Macau (WYNMF), DISH Network (DISH), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Liberty Broadband Corp Series C (LBRDK), DISCOVERY COMMUNICATIONS INC. Common Stock (DISCA), Liberty Broadband Corp Series A (LBRDA), ANTA Sports Products (ANPDF), Viacom, Inc. Class A (VIA), New Oriental Education & Tech Grp (EDU), Discovery Inc Series C (DISCK), TUI AG/ADR (TUIFY), UBISOFT Entmt S/ADR (UBSFY), Makita (MKTAY), InterContinental Hotels Group (IHG) and Norwegian Cruise Line (NCLH).

Media coverage about CHDN stock has been trending positive on Monday, Accern Sentiment reports. The research firm identifies positive and negative news coverage by analyzing 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 one, with scores nearest to one being the most favorable. Churchill Downs earned a news sentiment score of 0.43 on Accern's scale. They also gave news headlines about the company an impact score of 45.66 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

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 $302.90.

Churchill Downs has a market capitalization of $4.10 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.

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]