Churchill Downs Stock Forecast, Price & News

Churchill Downs' stock was trading at $98.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CHDN stock has increased by 88.3% and is now trading at $186.18.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Churchill Downs.

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Churchill Downs is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Churchill Downs.

Churchill Downs Incorporated (NASDAQ:CHDN) issued its earnings results on Wednesday, October, 28th. The company reported $1.19 EPS for the quarter, topping the Zacks' consensus estimate of $0.75 by $0.44. Churchill Downs had a negative net margin of 8.99% and a positive return on equity of 11.09%.
View Churchill Downs' earnings history.

Churchill Downs declared an annual dividend on Friday, October 30th. Stockholders of record on Friday, December 4th will be given a dividend of $0.622 per share on Wednesday, January 6th. This represents a yield of 0.4%. The ex-dividend date is Thursday, December 3rd. This is a positive change from Churchill Downs's previous annual dividend of $0.58.
View Churchill Downs' dividend history.

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 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.

3 equities research analysts have issued 1-year target prices for Churchill Downs' shares. Their forecasts range from $148.00 to $191.00. On average, they anticipate Churchill Downs' stock price to reach $173.00 in the next year. This suggests that the stock has a possible downside of 7.1%.
View analysts' price targets for Churchill Downs.

Churchill Downs saw a decrease in short interest in October. As of October 15th, there was short interest totaling 777,200 shares, a decrease of 67.6% from the September 30th total of 2,400,000 shares. Based on an average trading volume of 278,400 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.2% of the company's stock are short sold.
View Churchill Downs' Short Interest.

Some companies that are related to Churchill Downs include Las Vegas Sands (LVS), MGM Resorts International (MGM), Caesars Entertainment (CZR), Penn National Gaming (PENN), Wynn Resorts (WYNN), Advanced Drainage Systems (WMS), Boyd Gaming (BYD), Scientific Games (SGMS), International Game Technology (IGT) and Monarch Casino & Resort (MCRI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include NVIDIA (NVDA), Marvell Technology Group (MRVL), Alibaba Group (BABA), Intuitive Surgical (ISRG), Square (SQ), Baidu (BIDU), JD.com (JD), The Boeing (BA), CRISPR Therapeutics (CRSP) and Teladoc Health (TDOC).

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. (12.84%), State Street Corp (2.81%), Victory Capital Management Inc. (1.92%), Artemis Investment Management LLP (1.36%), Charles Schwab Investment Management Inc. (0.93%) and Emerald Advisers LLC (0.86%). Company insiders that own Churchill Downs stock include Austin W Miller, Daniel P Harrington, 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 BlackRock Inc., State Street Corp, Wells Fargo & Company MN, Teton Advisors Inc., Acadian Asset Management LLC, Gamco Investors INC. ET AL, Arrowstreet Capital Limited Partnership, and Gabelli Funds LLC. Company insiders that have sold Churchill Downs company stock in the last year include Austin W Miller, Daniel P Harrington, 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 Artemis Investment Management LLP, Victory Capital Management Inc., Great West Life Assurance Co. Can, JPMorgan Chase & Co., Soros Capital Management LLC, Segall Bryant & Hamill LLC, Shellback Capital LP, and Kestra Advisory Services LLC. 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 $186.18.

Churchill Downs has a market capitalization of $7.35 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]