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

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

Churchill Downs announced an annual dividend on Thursday, November 1st. Stockholders of record on Friday, December 7th will be paid a dividend of $0.5433 per share on Friday, January 4th. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, December 6th. View Churchill Downs' Dividend History.

Churchill Downs shares split on the morning of Monday, January 28th 2019. The 3-1 split was announced on Wednesday, October 31st 2018. The newly minted shares were payable 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.

Churchill Downs declared that its Board of Directors has approved a stock repurchase program on Saturday, December 2nd 2017, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

Churchill Downs, Inc. (NASDAQ:CHDN) released its quarterly earnings data on Wednesday, October, 31st. The company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.49 by $0.14. The company had revenue of $221.30 million for the quarter, compared to analysts' expectations of $208.87 million. Churchill Downs had a net margin of 39.18% and a return on equity of 30.33%. The firm's quarterly revenue was up 12.4% compared to the same quarter last year. During the same period last year, the business posted $0.36 earnings per share. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Churchill Downs.

2 brokerages have issued 1-year target prices for Churchill Downs' shares. Their predictions range from $93.3333 to $102.00. On average, they expect Churchill Downs' stock price to reach $97.6667 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price. View Analyst Price Targets for Churchill Downs.

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

Media stories about CHDN stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Churchill Downs earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.

Some companies that are related to Churchill Downs include Discovery Communications (DISCA), MGM Resorts International (MGM), ANTA Sports Products (ANPDF), DISH Network (DISH), Discovery Inc Series C (DISCK), Wynn Resorts (WYNN), Viacom (VIA), Wynn Macau (WYNMF), Norwegian Cruise Line (NCLH), Carnival (CUK), Viacom (VIAB), Live Nation Entertainment (LYV), Melco Resorts & Entertainment (MLCO), New Oriental Education & Tech Grp (EDU) and InterContinental Hotels Group (IHG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include Alibaba Group (BABA), Constellation Brands (STZ), Netflix (NFLX), AT&T (T), Tesla (TSLA), MGM Resorts International (MGM), Visa (V), Verizon Communications (VZ), General Electric (GE) and Wynn Resorts (WYNN).

Churchill Downs' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.31%), Acadian Asset Management LLC (0.60%), Northern Trust Corp (0.47%), Bank of New York Mellon Corp (0.46%), Geode Capital Management LLC (0.37%) and Cypress Funds LLC (0.34%). Company insiders that own Churchill Downs stock include Daniel P Harrington, 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 Prudential Financial Inc., Victory Capital Management Inc., Acadian Asset Management LLC, Martingale Asset Management L P, First Trust Advisors LP, Elk Creek Partners LLC, Barclays PLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Churchill Downs.

CHDN stock was bought by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, London Co. of Virginia, Emerald Advisers LLC, Fiera Capital Corp, Emerald Mutual Fund Advisers Trust, Hudson Way Capital Management LLC, 1060 Capital LLC and WINTON GROUP Ltd. Company insiders that have bought Churchill Downs stock in the last two years include 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 $96.89.

Churchill Downs has a market capitalization of $3.94 billion and generates $882.60 million in revenue each year. The company earns $140.50 million in net income (profit) each year or $1.96 on an earnings per share basis. Churchill Downs employs 4,300 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]