NASDAQ:CHDN - Churchill Downs Stock Price, News, & Analysis

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

Churchill Downs declared an annual dividend on Thursday, November 1st. Shareholders of record on Friday, December 7th will be paid a dividend of $0.5433 per share on Friday, January 4th. This represents a yield of 0.6%. The ex-dividend date of this dividend is Thursday, December 6th. View Churchill Downs' Dividend History.

Churchill Downs shares split before market open on Monday, January 28th 2019. The 3-1 split was announced on Wednesday, October 31st 2018. The newly issued 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.

Churchill Downs declared that its board has authorized a stock repurchase program on Saturday, December 2nd 2017, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

Churchill Downs, Inc. (NASDAQ:CHDN) issued its earnings results on Wednesday, February, 27th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.14 by $0.07. The firm earned $219 million during the quarter, compared to the consensus estimate of $218.67 million. Churchill Downs had a return on equity of 33.95% and a net margin of 34.97%. The firm's quarterly revenue was up 22.4% on a year-over-year basis. During the same quarter last year, the business posted $0.33 EPS. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Churchill Downs.

3 brokers have issued 1 year price targets for Churchill Downs' stock. Their predictions range from $93.00 to $105.00. On average, they expect Churchill Downs' share price to reach $100.00 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Churchill Downs.

Media coverage about CHDN stock has trended somewhat positive on Thursday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Churchill Downs earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Some companies that are related to Churchill Downs include Discovery Inc Series C (DISCK), Live Nation Entertainment (LYV), Wynn Resorts (WYNN), Viacom (VIA), Wynn Macau (WYNMF), Norwegian Cruise Line (NCLH), Huazhu Group (HTHT), Carnival (CUK), New Oriental Education & Tech Grp (EDU), InterContinental Hotels Group (IHG), Melco Resorts & Entertainment (MLCO), Hasbro (HAS), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), COLRUYT SA/ADR (CUYTY) and Shaw Communications (SJR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include Alibaba Group (BABA), Netflix (NFLX), Verizon Communications (VZ), Wynn Resorts (WYNN), Lam Research (LRCX), MGM Resorts International (MGM), Tesla (TSLA), General Electric (GE), Constellation Brands (STZ) and AT&T (T).

Churchill Downs' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.31%), Acadian Asset Management LLC (0.60%), Northern Trust Corp (0.47%), Bank of New York Mellon Corp (0.46%), FMR LLC (0.38%) and Geode Capital Management LLC (0.37%). 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, Prudential Financial Inc., Victory Capital Management Inc., Acadian Asset Management LLC, Martingale Asset Management L P, First Trust Advisors LP, Elk Creek Partners LLC and Barclays PLC. View Insider Buying and Selling for Churchill Downs.

CHDN stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, GW&K Investment Management LLC, London Co. of Virginia, Emerald Advisers LLC, Fiera Capital Corp, Emerald Mutual Fund Advisers Trust, Hudson Way Capital Management LLC and 1060 Capital LLC. 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 $86.50.

Churchill Downs has a market capitalization of $3.49 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.

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]