NASDAQ:CHDN - Churchill Downs Stock Price, News, Headlines & Rumors

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

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

Churchill Downs declared that its Board of Directors has initiated a stock buyback plan on Saturday, December 2nd 2017, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase 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) released its quarterly earnings data on Wednesday, August, 1st. The company reported $7.71 EPS for the quarter, beating the consensus estimate of $7.43 by $0.28. The business had revenue of $379.40 million for the quarter, compared to analyst estimates of $371.30 million. Churchill Downs had a net margin of 32.00% and a return on equity of 27.68%. Churchill Downs's revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the business earned $4.81 EPS. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Churchill Downs.

2 Wall Street analysts have issued 12-month target prices for Churchill Downs' stock. Their forecasts range from $290.00 to $317.00. On average, they expect Churchill Downs' stock price to reach $303.50 in the next year. This suggests a possible upside of 8.8% 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.

Some companies that are related to Churchill Downs include TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Viacom, Inc. Class A (VIA), Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), ANTA Sports Products (ANPDF), Wynn Macau (WYNMF), Mohawk Industries (MHK), DISCOVERY COMMUNICATIONS INC. Common Stock (DISCA), TUI AG/ADR (TUIFY), Makita (MKTAY), Sharp (SHCAY), Discovery Inc Series C (DISCK), Hasbro (HAS), New Oriental Education & Tech Grp (EDU) and Norwegian Cruise Line (NCLH).

News stories about CHDN stock have trended somewhat positive recently, Accern reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news 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 coverage optimism score of 0.00 on Accern's scale. They also assigned media stories about the company an impact score of 46.59 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Churchill Downs.

Churchill Downs' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.41%), Scopus Asset Management L.P. (2.65%), FMR LLC (2.59%), Acadian Asset Management LLC (2.28%), Advisors Asset Management Inc. (1.67%) and Bank of New York Mellon Corp (1.53%). 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 FMR LLC, Scopus Asset Management L.P., Victory Capital Management Inc., Citadel Advisors LLC, Cypress Funds LLC, BlackRock Inc., Gamco Investors INC. ET AL and PNC Financial Services Group Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Renaissance Technologies LLC, Acadian Asset Management LLC, Bank of America Corp DE, Fiera Capital Corp, EAM Investors LLC, Employees Retirement System of Texas and Engineers Gate Manager LP. 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 $278.95.

Churchill Downs has a market capitalization of $3.80 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]