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

$123.03
-0.69 (-0.56 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$121.99
Now: $123.03
$124.73
50-Day Range
$115.42
MA: $121.91
$125.96
52-Week Range
$74.58
Now: $123.03
$132.73
Volume245,462 shs
Average Volume198,435 shs
Market Capitalization$4.93 billion
P/E Ratio33.80
Dividend Yield0.44%
Beta1.2
Churchill Downs Incorporated operates as a racing, gaming, and online entertainment company in the United States. It operates through Racing, Casinos, Online Wagering, and Other Investments and Corporate segments. The company operates 4 racetracks, including Churchill Downs Racetrack in Louisville, Kentucky; Arlington International Race Course in Arlington Heights with 12 off-track betting (OTB) facilities in Illinois; Fair Grounds Race Course in New Orleans along with 14 OTBs in Louisiana; and Calder Race Course in Miami Gardens, Florida. Read More…

Industry, Sector and Symbol

Industry Racing, including track operation
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Current SymbolNASDAQ:CHDN
CUSIP17148410
Phone502-636-4400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.01 billion
Cash Flow$5.2622 per share
Book Value$11.63 per share

Profitability

Net Income$352.80 million

Miscellaneous

Employees4,100
Market Cap$4.93 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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Churchill Downs (NASDAQ:CHDN) Frequently Asked Questions

What is Churchill Downs' stock symbol?

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

How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs?

Churchill Downs announced an annual dividend on Thursday, November 1st. Investors of record on Friday, December 7th will be given a dividend of $0.5433 per share on Friday, January 4th. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, December 6th. View Churchill Downs' Dividend History.

When did Churchill Downs' stock split? How did Churchill Downs' stock split work?

Churchill Downs's stock split 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.

How will Churchill Downs' stock buyback program work?

Churchill Downs announced that its Board of Directors has initiated a share repurchase plan on Saturday, December 2nd 2017, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.

How were Churchill Downs' earnings last quarter?

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

When is Churchill Downs' next earnings date?

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

What price target have analysts set for CHDN?

4 equities research 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' share price to reach $132.50 in the next twelve months. This suggests a possible upside of 7.7% from the stock's current price. View Analyst Price Targets for Churchill Downs.

What is the consensus analysts' recommendation 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.

Has Churchill Downs been receiving favorable news coverage?

News stories about CHDN stock have been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media 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 positive five, with scores nearest to five being the most favorable. Churchill Downs earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news coverage 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 company's share price in the near future. View News Stories for Churchill Downs.

Who are some of Churchill Downs' key competitors?

What other stocks do shareholders of Churchill Downs own?

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).

Who are Churchill Downs' key executives?

Churchill Downs' management team includes the folowing people:
  • Mr. William C. Carstanjen, CEO & Director (Age 51)
  • Mr. William E. Mudd, Pres & COO (Age 48)
  • Ms. Marcia Ann Dall, Exec. VP & CFO (Age 55)
  • Mr. Austin W. Miller, Sr. VP of Gaming Operations (Age 55)
  • Mr. Chad E. Dobson, Chief Accounting Officer & VP

Who are Churchill Downs' major shareholders?

Churchill Downs' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.18%), BlackRock Inc. (10.18%), Vanguard Group Inc. (8.19%), Price T Rowe Associates Inc. MD (1.92%), Citadel Advisors LLC (1.76%) and Artemis Investment Management LLP (1.71%). 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.

Which major investors are selling Churchill Downs stock?

CHDN stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Prudential Financial Inc., Vanguard Group Inc., Bank of America Corp DE, WINTON GROUP Ltd, Acadian Asset Management LLC, Victory Capital Management Inc. and AQR Capital Management LLC. View Insider Buying and Selling for Churchill Downs.

Which major investors are buying Churchill Downs stock?

CHDN stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, Invesco Ltd., Jacobs Levy Equity Management Inc., Citadel Advisors LLC, Atria Investments LLC, Atria Investments LLC and Foundry Partners LLC. 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.

How do I buy shares of 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.

What is Churchill Downs' stock price today?

One share of CHDN stock can currently be purchased for approximately $123.03.

How big of a company is Churchill Downs?

Churchill Downs has a market capitalization of $4.93 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.

What is Churchill Downs' official website?

The official website for Churchill Downs is http://www.churchilldownsincorporated.com/.

How can I contact Churchill Downs?

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]


MarketBeat Community Rating for Churchill Downs (NASDAQ CHDN)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  347 (Vote Outperform)
Underperform Votes:  308 (Vote Underperform)
Total Votes:  655
MarketBeat's community ratings are surveys of what our community members think about Churchill Downs and other stocks. Vote "Outperform" if you believe CHDN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHDN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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