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 Thursday, November 1st. Stockholders of record on Friday, December 7th will be given a dividend of $1.63 per share on Friday, January 4th. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, December 6th. This is a boost from Churchill Downs's previous annual dividend of $1.52. View Churchill Downs' Dividend History.

Shares of Churchill Downs split on the morning of Monday, January 28th 2019. The 3-1 split was announced on Wednesday, October 31st 2018. The newly minted shares will be 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 announced that its Board of Directors has authorized a stock repurchase plan on Saturday, December 2nd 2017, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

Churchill Downs, Inc. (NASDAQ:CHDN) posted its quarterly earnings results on Wednesday, October, 31st. The company reported $1.05 earnings per share for the quarter, missing analysts' consensus estimates of $1.48 by $0.43. The firm had revenue of $221.30 million for the quarter, compared to analyst estimates of $208.87 million. Churchill Downs had a return on equity of 30.33% and a net margin of 39.18%. The business's quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.08 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 12 month target prices for Churchill Downs' shares. Their predictions range from $280.00 to $325.00. On average, they expect Churchill Downs' share price to reach $302.50 in the next twelve months. This suggests a possible upside of 11.5% 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.

News headlines about CHDN stock have trended neutral recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Churchill Downs earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the next few days.

Some companies that are related to Churchill Downs include Discovery Inc Series C (DISCK), MGM Resorts International (MGM), TAL Education Group (TAL), Viacom (VIA), IQIYI (IQ), ANTA Sports Products (ANPDF), Viacom (VIAB), Wynn Macau (WYNMF), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Carnival (CUK), Live Nation Entertainment (LYV), Wynn Resorts (WYNN), Hasbro (HAS), Under Armour (UAA) and Makita (MKTAY).

Churchill Downs' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.72%), Vanguard Group Inc. (7.82%), FMR LLC (2.73%), Scopus Asset Management L.P. (2.28%), Artemis Investment Management LLP (2.16%) and Acadian Asset Management LLC (2.01%). 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 Scopus Asset Management L.P., Acadian Asset Management LLC, Artemis Investment Management LLP, Renaissance Technologies LLC, Man Group plc, Bank of New York Mellon Corp, Gamco Investors INC. ET AL and Chicago Equity Partners 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 purchased by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Citadel Advisors LLC, Vanguard Group Inc., BlackRock Inc., RK Capital Management LLC, FMR LLC, Eidelman Virant Capital and Smithfield Trust Co.. 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 $271.31.

Churchill Downs has a market capitalization of $3.56 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]