NASDAQ:CHDN - Churchill Downs Stock Price, Price Target & More

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

Churchill Downs announced an annual dividend on Friday, October 27th. Shareholders of record on Friday, December 1st will be paid a dividend of $1.52 per share on Friday, January 5th. This represents a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, November 30th. This is a boost from Churchill Downs's previous annual dividend of $1.32. View Churchill Downs' Dividend History.

Churchill Downs announced that its board has initiated a stock repurchase plan on Saturday, December 2nd 2017, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

Churchill Downs, Inc. (NASDAQ:CHDN) announced its quarterly earnings results on Wednesday, April, 25th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.94 by $0.15. The business earned $189.30 million during the quarter, compared to the consensus estimate of $177.80 million. Churchill Downs had a return on equity of 20.96% and a net margin of 27.77%. The company's quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the business earned $0.44 earnings per share. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Churchill Downs.

3 equities research analysts have issued 12-month price objectives for Churchill Downs' stock. Their predictions range from $208.00 to $290.00. On average, they anticipate Churchill Downs' stock price to reach $253.00 in the next twelve months. View Analyst Ratings for Churchill Downs.

Some companies that are related to Churchill Downs include DISH Network (DISH), Mohawk Industries (MHK), ANTA Sports Products (ANPDF), New Oriental Education & Tech Grp (EDU), Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), Discovery Inc Series B (DISCB), DISCOVERY COMMUNICATIONS INC. Common Stock (DISCA), Liberty Broadband Corp Series C (LBRDK), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Liberty Broadband Corp Series A (LBRDA), Viacom, Inc. Class A (VIA), Carnival (CUK), TUI AG/ADR (TUIFY) and Discovery Communications (DISCK).

Media coverage about CHDN stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Churchill Downs earned a media sentiment score of 0.13 on Accern's scale. They also assigned press coverage about the company an impact score of 45.58 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Churchill Downs' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.69%), Scopus Asset Management L.P. (3.34%), Northern Trust Corp (1.48%), Victory Capital Management Inc. (1.41%), Cypress Funds LLC (1.20%) and Gamco Investors INC. ET AL (1.06%). 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 Victory Capital Management Inc., Gamco Investors INC. ET AL, Citadel Advisors LLC, BlackRock Inc., Gabelli Funds LLC, Scopus Asset Management L.P., Dimensional Fund Advisors LP and Cypress Funds LLC. Company insiders that have sold Churchill Downs company stock in the last year include Daniel P Harrington and Robert L Evans. View Insider Buying and Selling for Churchill Downs.

CHDN stock was bought by a variety of institutional investors in the last quarter, including Clinton Group Inc., Wells Fargo & Company MN, Dupont Capital Management Corp, Russell Investments Group Ltd., KBC Group NV, WINTON GROUP Ltd, Federated Investors Inc. PA and Stifel Financial Corp. 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 $304.05.

Churchill Downs has a market capitalization of $4.07 billion and generates $882.60 million in revenue each year. The company earns $140.50 million in net income (profit) each year or $5.88 on an earnings per share basis. Churchill Downs employs 4,300 workers across the globe.

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]