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

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

Churchill Downs declared 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 yield of 0.73%. The ex-dividend date is Thursday, November 30th. This is a positive change from Churchill Downs's previous annual dividend of $1.32. View Churchill Downs' Dividend History.

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

Churchill Downs, Inc. (NASDAQ:CHDN) issued its earnings results on Wednesday, August, 1st. The company reported $7.71 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $7.43 by $0.28. The firm earned $379.40 million during the quarter, compared to analyst estimates of $371.30 million. Churchill Downs had a return on equity of 27.68% and a net margin of 32.00%. Churchill Downs's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the business posted $4.81 earnings per share. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Churchill Downs.

2 equities research analysts have issued 12 month target prices for Churchill Downs' shares. Their predictions range from $290.00 to $325.00. On average, they anticipate Churchill Downs' share price to reach $307.50 in the next year. This suggests a possible upside of 10.8% 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Churchill Downs.

Some companies that are related to Churchill Downs include Wynn Resorts (WYNN), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Viacom, Inc. Class A (VIA), Mohawk Industries (MHK), Carnival (CUK), Makita (MKTAY), Hasbro (HAS), Viacom, Inc. Class B (VIAB), Wynn Macau (WYNMF), TAL Education Group (TAL), Norwegian Cruise Line (NCLH), UBISOFT Entmt S/ADR (UBSFY), Rtl Group (RGLXF), InterContinental Hotels Group (IHG) and Scripps Networks Interactive (SNI).

Churchill Downs' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.41%), Scopus Asset Management L.P. (2.65%), FMR LLC (2.59%), FMR LLC (2.59%), Acadian Asset Management LLC (2.28%) and Advisors Asset Management Inc. (1.67%). 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 FMR LLC, FMR LLC, Scopus Asset Management L.P., Victory Capital Management Inc., Citadel Advisors LLC, Cypress Funds LLC, BlackRock Inc. and Gamco Investors INC. ET AL. 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 acquired by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Renaissance Technologies LLC, Acadian Asset Management LLC, Bank of America Corp DE, Fiera Capital Corp, EAM Investors LLC, Employees Retirement System of Texas and Engineers Gate Manager LP. 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 $277.55.

Churchill Downs has a market capitalization of $3.78 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.

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]