Churchill Downs Stock Price, News & Analysis (NASDAQ:CHDN)

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 paid a dividend of $0.5433 per share on Friday, January 4th. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, December 6th. View Churchill Downs' Dividend History.

Churchill Downs's stock split on the morning of 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 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 approved a share repurchase plan on Saturday, December 2nd 2017, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Churchill Downs, Inc. (NASDAQ:CHDN) posted its quarterly earnings data on Wednesday, July, 31st. The company reported $2.83 EPS for the quarter, missing the Zacks' consensus estimate of $2.84 by $0.01. The firm had revenue of $477.40 million for the quarter, compared to the consensus estimate of $469.85 million. Churchill Downs had a net margin of 15.76% and a return on equity of 34.23%. The company's quarterly revenue was up 25.8% on a year-over-year basis. During the same period in the prior year, the firm posted $7.71 EPS. View Churchill Downs' Earnings History.

Churchill Downs is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Churchill Downs.

Churchill Downs will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 Wall Street analysts have issued 12 month price targets for Churchill Downs' shares. Their predictions range from $105.00 to $150.00. On average, they expect Churchill Downs' stock price to reach $132.50 in the next year. This suggests a possible upside of 1.4% from the stock's current price. 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 stories about CHDN stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Churchill Downs earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Churchill Downs.

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), International Game Technology (IGT), Penn National Gaming (PENN), Scientific Games (SGMS), Advanced Drainage Systems (WMS), Monarch Casino & Resort (MCRI), Ameristar Casinos (ASCA), Bally Technologies (BYI), MTR Gaming Group (MNTG), Multimedia Games (MGAM) and SHFL entertainment (SHFL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include Alibaba Group (BABA), Netflix (nflx), MGM Resorts International (MGM), Lam Research (LRCX), Square (SQ), AT&T (t), Visa (V), Verizon Communications (vz), Amgen (AMGN) and Baidu (BIDU).

Churchill Downs' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (1.62%), Three Peaks Capital Management LLC (0.10%), Stock Yards Bank & Trust Co. (0.06%), Pacer Advisors Inc. (0.03%), Envestnet Asset Management Inc. (0.03%) and Assenagon Asset Management S.A. (0.02%). 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 and Pacer Advisors Inc.. View Insider Buying and Selling for Churchill Downs.

CHDN stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., State of Alaska Department of Revenue, Tuttle Tactical Management, Envestnet Asset Management Inc., North Star Investment Management Corp., Three Peaks Capital Management LLC, Kessler Investment Group LLC and NEXT Financial Group 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 $130.73.

Churchill Downs has a market capitalization of $5.23 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]