S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NASDAQ:CHDN

Churchill Downs Stock Forecast, Price & News

$224.40
-5.62 (-2.44%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$220.45
$231.54
50-Day Range
$217.57
$257.03
52-Week Range
$175.01
$262.20
Volume
199,729 shs
Average Volume
165,886 shs
Market Capitalization
$8.58 billion
P/E Ratio
39.58
Dividend Yield
0.29%
Beta
1.16
30 days | 90 days | 365 days | Advanced Chart
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Churchill Downs logo

About Churchill Downs

Churchill Downs, Inc. operates as a provider of pari-mutuel horseracing, online account wagering on horseracing and casino gaming. It operates through the following business segments: Racing, Casino, Online Wagering, Corporate, and Other Investments. The Racing segment includes Churchill Downs Racetrack, Arlington Park Racecourse, Calder Race Course, and Fair Grounds Race Course. The Casinos segment includes Oxford Casino, Riverwalk Casino Hotel, Harlow's Casino Resort and Spa, Calder Casino, Fair Grounds Slots, Video Services and equity investment. The Online Wagering segment offers simulcasting and interactive wagering hub. The Corporate segment includes miscellaneous and other revenue, compensation expense, professional fees and other general and administrative expense not allocated to other operating segments. The Other Investments and Corporate segment consists of United Tote Company and United Tote Canada, Capital View Casino and Resort, Bluff Media, and minor investments. The company was founded in 1875 and is headquartered in Louisville, KY.

Headlines

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Industry, Sector and Symbol

Industry
Racing, including track operation
Sub-Industry
Casinos & Gaming
Current Symbol
NASDAQ:CHDN
CUSIP
17148410
Employees
7,000
Year Founded
1875

Sales & Book Value

Annual Sales
$1.05 billion
Cash Flow
$3.24 per share
Book Value
$8.86 per share

Profitability

Net Income
$-81.90 million
Pretax Margin
20.30%

Debt

Price-To-Earnings

Miscellaneous

Free Float
36,612,000
Market Cap
$8.58 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/26/2021
Ex-Dividend
12/02/2021
Today
12/04/2021
Fiscal Year End
12/31/2021
Dividend Payable
1/07/2022
Next Earnings (Estimated)
2/23/2022

Social Links


MarketRank

Overall MarketRank

3.15 out of 5 stars

Consumer Discretionary Sector

13th out of 388 stocks

Racing, Including Track Operation Industry

1st out of 4 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Churchill Downs (NASDAQ:CHDN) Frequently Asked Questions

Is Churchill Downs a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Churchill Downs stock.
View analyst ratings for Churchill Downs
or view top-rated stocks.

How has Churchill Downs' stock been impacted by COVID-19 (Coronavirus)?

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 stock has increased by 126.9% and is now trading at $224.40.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Churchill Downs?

Churchill Downs saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 659,100 shares, a drop of 28.8% from the October 31st total of 926,000 shares. Based on an average daily trading volume, of 213,800 shares, the short-interest ratio is presently 3.1 days. Currently, 1.9% of the company's shares are sold short.
View Churchill Downs' Short Interest
.

When is Churchill Downs' next earnings date?

Churchill Downs is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Churchill Downs
.

How were Churchill Downs' earnings last quarter?

Churchill Downs Incorporated (NASDAQ:CHDN) posted its quarterly earnings results on Tuesday, October, 26th. The company reported $1.61 EPS for the quarter, beating analysts' consensus estimates of $1.47 by $0.14. The business had revenue of $393 million for the quarter, compared to analysts' expectations of $406.76 million. Churchill Downs had a trailing twelve-month return on equity of 73.90% and a net margin of 14.76%. Churchill Downs's revenue was up 16.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.19 earnings per share.
View Churchill Downs' earnings history
.

How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs?

Churchill Downs declared an annual dividend on Wednesday, October 27th. Shareholders of record on Friday, December 3rd will be paid a dividend of $0.667 per share on Friday, January 7th. This represents a yield of 0.28%. The ex-dividend date of this dividend is Thursday, December 2nd. This is a boost from Churchill Downs's previous annual dividend of $0.62.
View Churchill Downs' dividend history
.

Is Churchill Downs a good dividend stock?

Churchill Downs pays an annual dividend of $0.67 per share and currently has a dividend yield of 0.29%. Churchill Downs has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Churchill Downs is 11.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Churchill Downs will have a dividend payout ratio of 7.47% next year. This indicates that Churchill Downs will be able to sustain or increase its dividend.
View Churchill Downs' dividend history.

When did Churchill Downs' stock split? How did Churchill Downs' stock split work?

Churchill Downs's stock split on Monday, January 28th 2019. The 3-1 split was announced on Wednesday, October 31st 2018. The newly created shares were distributed 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.

What price target have analysts set for CHDN?

8 Wall Street analysts have issued 1 year price objectives for Churchill Downs' stock. Their forecasts range from $235.00 to $294.00. On average, they anticipate Churchill Downs' stock price to reach $262.25 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price.
View analysts' price targets for Churchill Downs
or view top-rated stocks among Wall Street analysts.

Who are Churchill Downs' key executives?

Churchill Downs' management team includes the following people:
  • William C. Carstanjen, Chief Executive Officer & Director
  • William E. Mudd, President & Chief Operating Officer
  • Marcia A. Dall, Chief Financial Officer & Executive VP
  • Benjamin C. Murr, Chief Technology Officer & Senior Vice President
  • Rebecca C. Reed, Chief Compliance Officer & Senior VP-Legal Affairs

What is Bill Carstanjen's approval rating as Churchill Downs' CEO?

7 employees have rated Churchill Downs CEO Bill Carstanjen on Glassdoor.com. Bill Carstanjen has an approval rating of 100% among Churchill Downs' employees. This puts Bill Carstanjen in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Churchill Downs own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include NVIDIA (NVDA), Marvell Technology (MRVL), Alibaba Group (BABA), Intuitive Surgical (ISRG), Square (SQ), Baidu (BIDU), JD.com (JD), Boeing (BA), CRISPR Therapeutics (CRSP) and Teladoc Health (TDOC).

What is Churchill Downs' stock symbol?

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

Who are Churchill Downs' major shareholders?

Churchill Downs' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.60%), London Co. of Virginia (2.66%), Schroder Investment Management Group (1.91%), Geode Capital Management LLC (1.18%), Bank of New York Mellon Corp (0.92%) and Janus Henderson Group PLC (0.89%). Company insiders that own Churchill Downs stock include Austin W Miller, Austin W Miller, Daniel P Harrington, Karole Lloyd, Paul C Varga, R Alex Rankin and William E Mudd.
View institutional ownership trends for Churchill Downs
.

Which major investors are selling Churchill Downs stock?

CHDN stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Invesco Ltd., Victory Capital Management Inc., Millennium Management LLC, Arrowstreet Capital Limited Partnership, Assenagon Asset Management S.A., BlackRock Inc., and Renaissance Technologies LLC. Company insiders that have sold Churchill Downs company stock in the last year include Austin W Miller, and William E Mudd.
View insider buying and selling activity for Churchill Downs
or view top insider-selling stocks.

Which major investors are buying Churchill Downs stock?

CHDN stock was purchased by a variety of institutional investors in the last quarter, including London Co. of Virginia, Schroder Investment Management Group, Islet Management LP, Wellington Management Group LLP, Lord Abbett & CO. LLC, FIL Ltd, Principal Financial Group Inc., and Community Trust & Investment Co.. Company insiders that have bought Churchill Downs stock in the last two years include Karole Lloyd, Paul C Varga, and R Alex Rankin.
View insider buying and selling activity for Churchill Downs
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Churchill Downs' stock price today?

One share of CHDN stock can currently be purchased for approximately $224.40.

How much money does Churchill Downs make?

Churchill Downs has a market capitalization of $8.58 billion and generates $1.05 billion in revenue each year. The company earns $-81.90 million in net income (profit) each year or $5.67 on an earnings per share basis.

How many employees does Churchill Downs have?

Churchill Downs employs 7,000 workers across the globe.

When was Churchill Downs founded?

Churchill Downs was founded in 1875.

What is Churchill Downs' official website?

The official website for Churchill Downs is www.churchilldownsincorporated.com.

Where are Churchill Downs' headquarters?

How can I contact Churchill Downs?

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, via email at [email protected], or via fax at 502-636-4430.


This page was last updated on 12/4/2021 by MarketBeat.com Staff

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