NASDAQ:CHDNChurchill Downs Stock Price, Forecast & News

Churchill Downs' stock was trading at $98.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CHDN shares have increased by 26.4% and is now trading at $124.98. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 3 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 results on Wednesday, April, 29th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by $0.11. The company 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%. Churchill Downs's revenue for the quarter was down 4.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.63 earnings per share. View Churchill Downs' earnings history.

Churchill Downs declared an annual dividend on Wednesday, October 30th. Investors of record on Friday, December 6th will be given a dividend of $0.581 per share on Friday, January 3rd. This represents a dividend yield of 0.45%. The ex-dividend date 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 minted 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 twelve-month price objectives for Churchill Downs' shares. Their forecasts range from $140.00 to $150.00. On average, they expect Churchill Downs' stock price to reach $146.00 in the next year. This suggests a possible upside of 16.8% from the stock's current price. View analysts' price targets for Churchill Downs.

News stories about CHDN stock have been trending negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. 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 news impact score of -2.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Churchill Downs.

Churchill Downs saw a decrease in short interest in June. As of June 30th, there was short interest totaling 3,070,000 shares, a decrease of 11.0% from the June 15th total of 3,450,000 shares. Based on an average trading volume of 450,800 shares, the short-interest ratio is currently 6.8 days. Currently, 8.8% of the company's shares are short sold. View Churchill Downs' Current Options Chain.

Some companies that are related to Churchill Downs include Las Vegas Sands (LVS), MGM Resorts International (MGM), Wynn Resorts (WYNN), Caesars Entertainment (CZR), Penn National Gaming (PENN), Advanced Drainage Systems (WMS), 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."

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 $124.98.

Churchill Downs has a market capitalization of $4.93 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]