NASDAQ:CHDNChurchill Downs Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Churchill Downs, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $133.03 +5.50 (+4.31 %) (As of 05/27/2020 12:16 PM ET) Add Compare Share Today's Range$128.16Now: $133.03▼$135.0250-Day Range$80.45MA: $100.33▼$122.2652-Week Range$52.90Now: $133.03▼$167.52Volume639,358 shsAverage Volume402,672 shsMarket Capitalization$5.25 billionP/E Ratio53.46Dividend Yield0.48%Beta1.07 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Churchill Downs Incorporated operates as a racing, gaming, and online entertainment company in the United States. It operates through Racing, Casinos, Online Wagering, and Other Investments and Corporate segments. The company operates 4 racetracks, including Churchill Downs Racetrack in Louisville, Kentucky; Arlington International Race Course in Arlington Heights with 12 off-track betting (OTB) facilities in Illinois; Fair Grounds Race Course in New Orleans along with 14 OTBs in Louisiana; and Calder Race Course in Miami Gardens, Florida. It also operates 7 casinos, which provides brick-and-mortar casino gaming services with approximately 9,500 gaming positions; and operates 3 hotels. In addition, the company through TwinSpires.com operates mobile and online wagering business; and a platform for betting on horseracing, as well as offers streaming video of live horse races, replays, and an assortment of racing and handicapping information. Further, it offers reports, statistical information, handicapping information, pedigrees, and other data for the thoroughbred horse industry through Brisnet.com and TwinSpires.com. Additionally, the company manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses; and provides totalisator and Internet-based interactive gaming services. Churchill Downs Incorporated was founded in 1928 and is headquartered in Louisville, Kentucky.Read More Beat the Market (BTM) Rank™ 1.5 Analyst's Opinion Consensus RatingChurchill Downs has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $143.25, Churchill Downs has a potential upside of 7.2% from its current price of $133.64.Amount of Analyst CoverageChurchill Downs has only been the subject of 1 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesChurchill Downs has received 394 “outperform” votes. (Add your “outperform” vote.)Underperform VotesChurchill Downs has received 358 “underperform” votes. (Add your “underperform” vote.)Community SentimentChurchill Downs has received 52.39% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Churchill Downs and other stocks. Vote “Outperform” if you believe CHDN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CHDN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend LeadershipChurchill Downs is a leading dividend payer. It pays a dividend yield of 0.48%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthChurchill Downs has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of Churchill Downs is 13.09 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Churchill Downs will have a dividend payout ratio of 13.78 % next year. This indicates that Churchill Downs will be able to sustain or increase its dividend. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Churchill Downs insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought $525,957.00 in company stock and sold $610,050.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.Percentage Held by InsidersOnly 4.28% of the stock of Churchill Downs is held by insiders.Percentage Held by Institutions73.36% of the stock of Churchill Downs is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Churchill Downs are expected to grow by 186.39% in the coming year, from $1.47 to $4.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Churchill Downs is 53.46, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Churchill Downs is 53.46, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.45.Price to Book Value per Share RatioChurchill Downs has a P/B Ratio of 12.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.5Community Rank: 2.6Dividend Strength: 4.2Insider Behavior: 2.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.43 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Racing, including track operation Sub-IndustryCasinos & Gaming SectorConsumer Discretionary Current SymbolNASDAQ:CHDN Previous Symbol CUSIP17148410 CIK20212 Webwww.churchilldownsincorporated.com Phone502-636-4400Debt Debt-to-Equity Ratio4.95 Current Ratio2.45 Quick Ratio2.45Price-To-Earnings Trailing P/E Ratio53.46 Forward P/E Ratio90.50 P/E GrowthN/A Sales & Book Value Annual Sales$1.33 billion Price / Sales3.95 Cash Flow$7.63 per share Price / Cash Flow17.43 Book Value$11.05 per share Price / Book12.04Profitability EPS (Most Recent Fiscal Year)$4.43 Net Income$137.50 million Net Margins7.78% Return on Equity30.45% Return on Assets5.73%Miscellaneous Employees5,500 Outstanding Shares39,440,000Market Cap$5.25 billion Next Earnings Date7/29/2020 (Estimated) OptionableOptionable NASDAQ:CHDN Rates by TradingView Receive CHDN News and Ratings via Email Sign-up to receive the latest news and ratings for CHDN and its competitors with MarketBeat's FREE daily newsletter. Churchill Downs (NASDAQ:CHDN) Frequently Asked Questions How has Churchill Downs' stock been impacted by COVID-19 (Coronavirus)? Churchill Downs' stock was trading at $98.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CHDN shares have increased by 35.2% and is now trading at $133.64. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Churchill Downs? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Churchill Downs. When is Churchill Downs' next earnings date? Churchill Downs is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Churchill Downs. How were Churchill Downs' earnings last quarter? Churchill Downs, Inc. (NASDAQ:CHDN) released its earnings results on Wednesday, April, 29th. The company reported $0.05 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.11. The firm earned $252.90 million during the quarter, compared to the consensus estimate of $251.45 million. Churchill Downs had a net margin of 7.78% and a return on equity of 30.45%. The firm's revenue for the quarter was down 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.63 EPS. View Churchill Downs' earnings history. How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs? Churchill Downs declared an annual dividend on Wednesday, October 30th. Shareholders of record on Friday, December 6th will be given a dividend of $0.581 per share on Friday, January 3rd. This represents a yield of 0.45%. The ex-dividend date of this dividend is Thursday, December 5th. This is a positive change from Churchill Downs's previous annual dividend of $0.54. View Churchill Downs' dividend history. When did Churchill Downs' stock split? How did Churchill Downs' stock split work? Shares of Churchill Downs split on the morning of 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 closing bell 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. What price target have analysts set for CHDN? 4 equities research analysts have issued twelve-month price targets for Churchill Downs' shares. Their forecasts range from $135.00 to $150.00. On average, they anticipate Churchill Downs' share price to reach $143.25 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price. View analysts' price targets for Churchill Downs. Has Churchill Downs been receiving favorable news coverage? Press coverage about CHDN stock has been trending very negative on Wednesday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. 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 -3.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutChurchill Downs. Are investors shorting Churchill Downs? Churchill Downs saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 3,280,000 shares, an increase of 8.6% from the March 31st total of 3,020,000 shares. Based on an average daily volume of 451,200 shares, the short-interest ratio is currently 7.3 days. Approximately 9.4% of the shares of the company are sold short. View Churchill Downs' Current Options Chain. Who are some of Churchill Downs' key competitors? Some companies that are related to Churchill Downs include Las Vegas Sands (LVS), Wynn Resorts (WYNN), MGM Resorts International (MGM), Caesars Entertainment (CZR), Advanced Drainage Systems (WMS), Penn National Gaming (PENN), Boyd Gaming (BYD), International Game Technology (IGT), Scientific Games (SGMS) and Monarch Casino & Resort (MCRI). View all competitors. What other stocks do shareholders of Churchill Downs own? 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). Who are Churchill Downs' key executives? Churchill Downs' management team includes the following people: Mr. William C. Carstanjen, CEO & Director (Age 51)Mr. William E. Mudd, Pres & COO (Age 48)Ms. Marcia Ann Dall, Exec. VP & CFO (Age 55)Mr. Austin W. Miller, Sr. VP of Gaming Operations (Age 55)Mr. Chad E. Dobson, Chief Accounting Officer & VP What is Churchill Downs' stock symbol? Churchill Downs trades on the NASDAQ under the ticker symbol "CHDN." Who are Churchill Downs' major shareholders? Churchill Downs' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.88%), State Street Corp (2.82%), Par Capital Management Inc. (2.66%), London Co. of Virginia (1.44%), Geode Capital Management LLC (1.34%) and Bank of New York Mellon Corp (1.11%). 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. Which major investors are selling Churchill Downs stock? CHDN stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Artemis Investment Management LLP, Janus Henderson Group PLC, Acadian Asset Management LLC, Shellback Capital LP, UBS Group AG, Invesco Ltd., and RK Capital Management LLC. Company insiders that have sold Churchill Downs company stock in the last year include Austin W Miller, and William E Mudd. View insider buying and selling activity for Churchill Downs. Which major investors are buying Churchill Downs stock? CHDN stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Lord Abbett & CO. LLC, Balyasny Asset Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., FDx Advisors Inc., FDx Advisors Inc., and Par Capital 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. How do I buy shares of 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. What is Churchill Downs' stock price today? One share of CHDN stock can currently be purchased for approximately $133.64. How big of a company is Churchill Downs? Churchill Downs has a market capitalization of $5.27 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. What is Churchill Downs' official website? The official website for Churchill Downs is www.churchilldownsincorporated.com. How can I contact Churchill Downs? 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] This page was last updated on 5/27/2020 by MarketBeat.com Staff
