NASDAQ:CHDN - Churchill Downs Stock Price, Forecast & News

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

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 boost from Churchill Downs's previous annual dividend of $0.54. View Churchill Downs' Dividend History.

Churchill Downs shares split on 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.

Churchill Downs, Inc. (NASDAQ:CHDN) announced its quarterly earnings results on Wednesday, October, 30th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.53 by $0.02. The company earned $306.30 million during the quarter, compared to analysts' expectations of $299.27 million. Churchill Downs had a net margin of 11.43% and a return on equity of 33.71%. The company's revenue was up 38.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.53 EPS. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Churchill Downs.

4 analysts have issued 12-month target prices for Churchill Downs' stock. Their forecasts range from $105.00 to $150.00. On average, they expect Churchill Downs' share price to reach $132.50 in the next year. This suggests that the stock has a possible downside of 8.4%. View Analyst Price Targets for Churchill Downs.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Churchill Downs.

Press coverage about CHDN stock has trended very positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Churchill Downs earned a media sentiment score of 3.9 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Churchill Downs.

Churchill Downs saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 2,310,000 shares, an increase of 5.5% from the November 28th total of 2,190,000 shares. Based on an average trading volume of 276,200 shares, the days-to-cover ratio is presently 8.4 days. Approximately 6.7% 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), Boyd Gaming (BYD), Penn National Gaming (PENN), Advanced Drainage Systems (WMS), International Game Technology (IGT), Scientific Games (SGMS), Monarch Casino & Resort (MCRI) and MTR Gaming Group (MNTG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include Metlife (MET), Netflix (NFLX), AT&T (T), Penn National Gaming (PENN), Roku (ROKU), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Alibaba Group (BABA), Walt Disney (DIS), Activision Blizzard (ATVI) and Las Vegas Sands (LVS).

Churchill Downs' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Artemis Investment Management LLP (1.16%), Retirement Systems of Alabama (0.27%), California Public Employees Retirement System (0.24%), Eidelman Virant Capital (0.12%), Three Peaks Capital Management LLC (0.11%) and K.J. Harrison & Partners Inc (0.07%). Company insiders that own Churchill Downs stock include Austin W Miller, 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 Artemis Investment Management LLP, Eidelman Virant Capital, Arizona State Retirement System, Nisa Investment Advisors LLC, Creative Financial Designs Inc. ADV, State of Alaska Department of Revenue, Dupont Capital Management Corp and NEXT Financial Group Inc. View Insider Buying and Selling for Churchill Downs.

CHDN stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Empowered Funds LLC, SG Americas Securities LLC, Virginia Retirement Systems ET AL, AdvisorShares Investments LLC, New York State Teachers Retirement System, Private Trust Co. NA and Canandaigua National Bank & Trust Co.. 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, Robinhood, Fidelity and Charles Schwab.

One share of CHDN stock can currently be purchased for approximately $144.67.

Churchill Downs has a market capitalization of $5.79 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.View Additional Information About Churchill Downs.

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]