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

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$304.05 +1.25 (+0.41 %)
(As of 06/19/2018 03:36 PM ET)
Previous Close$299.80
Today's Range$299.20 - $305.00
52-Week Range$178.85 - $314.60
Volume2,277 shs
Average Volume82,673 shs
Market Capitalization$4.07 billion
P/E Ratio51.40
Dividend Yield0.51%
Beta1.02
Churchill Downs logoChurchill Downs Incorporated operates as a racing, gaming, and online entertainment company in the United States. It operates through Racing, Casinos, TwinSpires, and Other Investments segments. The company operates 4 racetracks, including Churchill Downs Racetrack in Louisville, Kentucky; Arlington International Race Course in Arlington Heights with 11 off-track betting (OTB) facilities in Illinois; Fair Grounds Race Course in New Orleans along with 12 OTBs in Louisiana; and Calder Race Course in Miami Gardens, Florida. It also operates five casinos, which provides brick-and-mortar real-money casino gaming services with approximately 10,000 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 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.

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Industry, Sector and Symbol

Industry Racing, including track operation
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
SymbolNASDAQ:CHDN
CUSIP17148410
Phone502-636-4400

Debt

Debt-to-Equity Ratio2.57
Current Ratio1.02
Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio51.40
Forward P/E Ratio28.42
P/E GrowthN/A

Sales & Book Value

Annual Sales$882.60 million
Price / Sales4.66
Cash Flow$13.7083 per share
Price / Cash22.18
Book Value$41.55 per share
Price / Book7.32

Profitability

EPS (Most Recent Fiscal Year)$5.88
Net Income$140.50 million
Net Margins27.77%
Return on Equity20.96%
Return on Assets5.41%

Miscellaneous

Employees4,300
Outstanding Shares13,540,000

Churchill Downs (NASDAQ:CHDN) Frequently Asked Questions

What is Churchill Downs' stock symbol?

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

How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs?

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 dividend 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.

How will Churchill Downs' stock buyback program work?

Churchill Downs announced that its board has initiated a stock repurchase plan 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 purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

How were Churchill Downs' earnings last quarter?

Churchill Downs, Inc. (NASDAQ:CHDN) announced its quarterly earnings results on Wednesday, April, 25th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.94 by $0.15. The business earned $189.30 million during 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%. The company's quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the business earned $0.44 earnings per share. View Churchill Downs' Earnings History.

When is Churchill Downs' next earnings date?

Churchill Downs is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Churchill Downs.

What price target have analysts set for CHDN?

3 equities research analysts have issued 12-month price objectives for Churchill Downs' stock. Their predictions range from $208.00 to $290.00. On average, they anticipate Churchill Downs' stock price to reach $253.00 in the next twelve months. View Analyst Ratings for Churchill Downs.

Who are some of Churchill Downs' key competitors?

Who are Churchill Downs' key executives?

Churchill Downs' management team includes the folowing people:
  • Mr. William C. Carstanjen, CEO & Director (Age 50)
  • Mr. William E. Mudd, Pres & COO (Age 47)
  • Ms. Marcia Ann Dall, Exec. VP & CFO (Age 54)
  • Mr. Chad E. Dobson, Chief Accounting Officer and VP
  • Mr. Benjamin C. Murr, Sr. VP & CTO

Has Churchill Downs been receiving favorable news coverage?

Media coverage about CHDN stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Churchill Downs earned a media sentiment score of 0.13 on Accern's scale. They also assigned press coverage about the company an impact score of 45.58 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are Churchill Downs' major shareholders?

Churchill Downs' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.69%), Scopus Asset Management L.P. (3.34%), Northern Trust Corp (1.48%), Victory Capital Management Inc. (1.41%), Cypress Funds LLC (1.20%) and Gamco Investors INC. ET AL (1.06%). 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.

Which institutional investors are selling Churchill Downs stock?

CHDN stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Gamco Investors INC. ET AL, Citadel Advisors LLC, BlackRock Inc., Gabelli Funds LLC, Scopus Asset Management L.P., Dimensional Fund Advisors LP and Cypress Funds LLC. 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.

Which institutional investors are buying Churchill Downs stock?

CHDN stock was bought by a variety of institutional investors in the last quarter, including Clinton Group Inc., Wells Fargo & Company MN, Dupont Capital Management Corp, Russell Investments Group Ltd., KBC Group NV, WINTON GROUP Ltd, Federated Investors Inc. PA and Stifel Financial Corp. 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.

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, Scottrade, Fidelity and Charles Schwab.

What is Churchill Downs' stock price today?

One share of CHDN stock can currently be purchased for approximately $304.05.

How big of a company is Churchill Downs?

Churchill Downs has a market capitalization of $4.07 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.

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]


MarketBeat Community Rating for Churchill Downs (CHDN)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  238 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  425
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.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

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