NASDAQ:CHDNChurchill Downs Stock Price, Forecast & News

Churchill Downs' stock was trading at $98.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CHDN stock has increased by 31.5% and is now trading at $130.03. View which stocks have been most impacted by Coronavirus.

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

Churchill Downs is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Churchill Downs.

Churchill Downs, Inc. (NASDAQ:CHDN) issued its quarterly earnings results on Wednesday, April, 29th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.16 by $0.11. The business had revenue of $252.90 million for the quarter, compared to the consensus estimate of $251.45 million. Churchill Downs had a net margin of 7.78% and a return on equity of 30.45%. The company's revenue was down 4.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.63 EPS. View Churchill Downs' earnings history.

Churchill Downs declared an annual dividend on Wednesday, October 30th. Stockholders of record on Friday, December 6th will be paid a dividend of $0.581 per share on Friday, January 3rd. This represents a dividend yield of 0.45%. The ex-dividend date of this dividend is Thursday, December 5th. This is an increase 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 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.

3 brokerages have issued 12 month target prices for Churchill Downs' shares. Their forecasts range from $140.00 to $150.00. On average, they expect Churchill Downs' share price to reach $146.00 in the next year. This suggests a possible upside of 12.3% from the stock's current price. View analysts' price targets for Churchill Downs.

News coverage about CHDN stock has trended negative on Tuesday, according to InfoTrie Sentiment. The research firm scores the sentiment of media 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 nearest to five being the most favorable. Churchill Downs earned a news impact score of -2.1 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Churchill Downs.

Churchill Downs saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,070,000 shares, a drop of 11.0% from the June 15th total of 3,450,000 shares. Based on an average trading volume of 450,800 shares, the days-to-cover ratio is currently 6.8 days. Currently, 8.8% of the company's stock are short sold. View Churchill Downs' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include NVIDIA (NVDA), Marvell Technology Group (MRVL), Netflix (NFLX), Baidu (BIDU), Alibaba Group (BABA), Walt Disney (DIS), AT&T (T), Intuitive Surgical (ISRG), JD.Com (JD) and Metlife (MET).

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

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 $130.03.

Churchill Downs has a market capitalization of $5.13 billion and generates $1.33 billion in revenue each year. The company earns $137.50 million in net income (profit) each year or $4.43 on an earnings per share basis. Churchill Downs employs 5,500 workers across the globe.

The official website for Churchill Downs is 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]