NASDAQ:CHDNChurchill Downs Stock Price, Forecast & News

Churchill Downs' stock was trading at $98.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CHDN shares have increased by 29.0% and is now trading at $127.53. View which stocks have been most impacted by Coronavirus.

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.

Churchill Downs is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Churchill Downs.

Churchill Downs, Inc. (NASDAQ:CHDN) issued its quarterly earnings data on Wednesday, April, 29th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.11. The business had revenue of $252.90 million for the quarter, compared to analysts' expectations of $251.45 million. Churchill Downs had a net margin of 7.78% and a return on equity of 30.45%. The company's revenue for the quarter was down 4.6% on a year-over-year basis. During the same quarter last year, the company posted $0.63 earnings per share. View Churchill Downs' earnings history.

Churchill Downs declared an annual dividend on Wednesday, October 30th. Stockholders 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.

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 created shares were issued 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.

4 brokerages have issued 12 month price targets for Churchill Downs' stock. Their forecasts range from $135.00 to $150.00. On average, they expect Churchill Downs' stock price to reach $143.25 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View analysts' price targets for Churchill Downs.

Media coverage about CHDN stock has trended extremely negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Churchill Downs earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutChurchill 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 days-to-cover ratio is presently 7.3 days. Currently, 9.4% of the shares of the company are sold short. View Churchill Downs' Current Options Chain.

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.

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).

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

Churchill Downs' stock is owned by many different retail and institutional 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.

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.

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.

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.

One share of CHDN stock can currently be purchased for approximately $127.53.

Churchill Downs has a market capitalization of $5.03 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.

The official website for Churchill Downs is 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]