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 created shares were issued 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 announced that its Board of Directors has approved a stock repurchase program on Saturday, December 2nd 2017, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

Churchill Downs, Inc. (NASDAQ:CHDN) issued its earnings results on Wednesday, April, 24th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.23. The firm had revenue of $265.40 million for the quarter, compared to analyst estimates of $250.57 million. Churchill Downs had a net margin of 16.81% and a return on equity of 33.97%. The business's revenue for the quarter was up 40.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.09 EPS. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Churchill Downs.

3 equities research analysts have issued 1-year price objectives for Churchill Downs' shares. Their predictions range from $105.00 to $106.00. On average, they expect Churchill Downs' stock price to reach $105.3333 in the next year. This suggests a possible upside of 9.3% 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 negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Churchill Downs earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the company's share price in the next few days.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include Netflix (NFLX), Alibaba Group (BABA), MGM Resorts International (MGM), Penn National Gaming (PENN), Adobe (ADBE), Lam Research (LRCX), NVIDIA (NVDA), Tesla (TSLA), Wynn Resorts (WYNN) and AT&T (T).

Churchill Downs' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.14%), FMR LLC (1.97%), Acadian Asset Management LLC (1.53%), Northern Trust Corp (1.45%), Durational Capital Management LP (1.30%) and Geode Capital Management LLC (1.19%). Company insiders that own Churchill Downs stock include Daniel P Harrington, Karole Lloyd, 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 Renaissance Technologies LLC, Marshall Wace LLP and Oxford Asset Management LLP. View Insider Buying and Selling for Churchill Downs.

CHDN stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Northern Trust Corp, Acadian Asset Management LLC, Geode Capital Management LLC, Durational Capital Management LP, Dimensional Fund Advisors LP and Emerald Advisers LLC. Company insiders that have bought Churchill Downs stock in the last two years include Karole Lloyd, 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 $96.33.

Churchill Downs has a market capitalization of $3.87 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]