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

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

Churchill Downs declared an annual dividend on Wednesday, October 30th. Investors of record on Friday, December 6th will be given a dividend of $0.581 per share on Friday, January 3rd. This represents a yield of 0.45%. The ex-dividend date of this dividend is Thursday, December 5th. This is a positive change from Churchill Downs's previous annual dividend of $0.54. View Churchill Downs' Dividend History.

Churchill Downs's stock split before market open on Monday, January 28th 2019. The 3-1 split was announced on Wednesday, October 31st 2018. The newly created shares were issued to shareholders after the market closes 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, Inc. (NASDAQ:CHDN) announced its quarterly earnings results on Wednesday, October, 30th. The company reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $0.02. The company earned $306.30 million during the quarter, compared to the consensus estimate of $299.27 million. Churchill Downs had a return on equity of 33.71% and a net margin of 11.43%. The company's quarterly revenue was up 38.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.53 earnings per share. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Churchill Downs.

4 analysts have issued 1 year price targets for Churchill Downs' stock. Their forecasts range from $105.00 to $150.00. On average, they expect Churchill Downs' share price to reach $132.50 in the next twelve months. This suggests that the stock has a possible downside of 6.8%. View Analyst Price Targets for Churchill Downs.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Churchill Downs.

News coverage about CHDN stock has been trending somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of 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 coverage optimism score of 1.6 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Churchill Downs.

Churchill Downs saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 2,310,000 shares, an increase of 5.5% from the November 28th total of 2,190,000 shares. Based on an average trading volume of 276,200 shares, the days-to-cover ratio is currently 8.4 days. Currently, 6.7% of the company's stock are sold short. View Churchill Downs' Current Options Chain.

Some companies that are related to Churchill Downs include Las Vegas Sands (LVS), MGM Resorts International (MGM), Wynn Resorts (WYNN), Caesars Entertainment (CZR), Boyd Gaming (BYD), Penn National Gaming (PENN), International Game Technology (IGT), Advanced Drainage Systems (WMS), Scientific Games (SGMS), Monarch Casino & Resort (MCRI) and MTR Gaming Group (MNTG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include Alibaba Group (BABA), MGM Resorts International (MGM), Baidu (BIDU), Netflix (NFLX), AT&T (T), Verizon Communications (VZ), Constellation Brands (STZ), Intel (INTC), Lam Research (LRCX) and Tesla (TSLA).

Churchill Downs' stock is owned by many different of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (1.16%), Eidelman Virant Capital (0.12%), Three Peaks Capital Management LLC (0.11%), State of Alaska Department of Revenue (0.01%), AdvisorShares Investments LLC (0.01%) and First Hawaiian Bank (0.01%). Company insiders that own Churchill Downs stock include Austin W Miller, Daniel P Harrington, Karole Lloyd, 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 Artemis Investment Management LLP, Eidelman Virant Capital, Nisa Investment Advisors LLC, Creative Financial Designs Inc. ADV, State of Alaska Department of Revenue and NEXT Financial Group Inc. View Insider Buying and Selling for Churchill Downs.

CHDN stock was bought by a variety of institutional investors in the last quarter, including AdvisorShares Investments LLC, Private Trust Co. NA, Canandaigua National Bank & Trust Co., Three Peaks Capital Management LLC, IFP Advisors Inc, First Hawaiian Bank and Atlas Brown Inc.. Company insiders that have bought Churchill Downs stock in the last two years include Karole Lloyd, 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, Robinhood, Fidelity and Charles Schwab.

One share of CHDN stock can currently be purchased for approximately $142.23.

Churchill Downs has a market capitalization of $5.69 billion and generates $1.01 billion in revenue each year. The company earns $352.80 million in net income (profit) each year or $3.64 on an earnings per share basis. Churchill Downs employs 4,100 workers across the globe.View Additional Information About Churchill Downs.

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]