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

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

Churchill Downs announced an annual dividend on Thursday, November 1st. Investors of record on Friday, December 7th will be paid a dividend of $1.63 per share on Friday, January 4th. This represents a 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 Monday, January 28th 2019. The 3-1 split was announced on Wednesday, October 31st 2018. The newly minted shares will be distributed 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 stock buyback program on Saturday, December 2nd 2017, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its shares are undervalued.

Churchill Downs, Inc. (NASDAQ:CHDN) issued its earnings results on Wednesday, October, 31st. The company reported $1.05 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.48 by $0.43. The firm had revenue of $221.30 million for the quarter, compared to the consensus estimate of $208.87 million. Churchill Downs had a net margin of 39.18% and a return on equity of 30.33%. The company's revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.08 EPS. 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 analysts have issued 12-month target prices for Churchill Downs' shares. Their predictions range from $280.00 to $306.00. On average, they expect Churchill Downs' share price to reach $293.00 in the next twelve months. This suggests a possible upside of 10.4% 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Churchill Downs.

News headlines about CHDN stock have been trending negative recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Churchill Downs earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future.

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Churchill Downs' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.25%), Eidelman Virant Capital (0.19%), Stock Yards Bank & Trust Co. (0.06%), Louisiana State Employees Retirement System (0.02%), First Hawaiian Bank (0.01%) and Strs Ohio (0.01%). 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 Stock Yards Bank & Trust Co. and Louisiana State Employees Retirement System. 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 Eidelman Virant Capital, First Hawaiian Bank, Strs Ohio, Shine Investment Advisory Services Inc., IFP Advisors Inc, Bank of Montreal Can and Retirement Systems of Alabama. 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 $265.50.

Churchill Downs has a market capitalization of $3.60 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]