NASDAQ:CHDN Churchill Downs (CHDN) Stock Price, News & Analysis → Time is Running Out - June 25th Deadline Approaching! (From Paradigm Press) (Ad) Free CHDN Stock Alerts $134.49 +0.53 (+0.40%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$133.10▼$135.1050-Day Range$118.96▼$139.1052-Week Range$106.45▼$141.89Volume336,819 shsAverage Volume416,186 shsMarket Capitalization$9.89 billionP/E Ratio29.95Dividend Yield0.28%Price Target$145.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Churchill Downs MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside8.0% Upside$145.25 Price TargetShort InterestHealthy2.54% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.92Upright™ Environmental ScoreNews Sentiment1.77Based on 2 Articles This WeekInsider TradingAcquiring Shares$494,836 Bought Last QuarterProj. Earnings Growth24.92%From $5.90 to $7.37 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.84 out of 5 starsConsumer Discretionary Sector14th out of 257 stocksRacing, Including Track Operation Industry1st out of 1 stocks 2.5 Analyst's Opinion Consensus RatingChurchill Downs has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageChurchill Downs has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Churchill Downs' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.54% of the outstanding shares of Churchill Downs have been sold short.Short Interest Ratio / Days to CoverChurchill Downs has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Churchill Downs has recently decreased by 4.59%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend YieldChurchill Downs has a dividend yield of 0.29%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthChurchill Downs has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Churchill Downs is 8.46%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Churchill Downs will have a dividend payout ratio of 5.16% next year. This indicates that Churchill Downs will be able to sustain or increase its dividend.Read more about Churchill Downs' dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreChurchill Downs has received a 21.32% net impact score from Upright. The largest positive contribution comes from its "Meaning & joy" impact, which is mostly driven by its "Horse racing tournaments and events", "Shorts", and "Sweaters" products. See details.Environmental SustainabilityThe Environmental Impact score for Churchill Downs is -2.92. Previous Next 3.2 News and Social Media Coverage News SentimentChurchill Downs has a news sentiment score of 1.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Churchill Downs this week, compared to 7 articles on an average week.Search InterestOnly 1 people have searched for CHDN on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows7 people have added Churchill Downs to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Churchill Downs insiders have bought more of their company's stock than they have sold. Specifically, they have bought $494,836.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.13% of the stock of Churchill Downs is held by insiders.Percentage Held by Institutions82.59% of the stock of Churchill Downs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Churchill Downs' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Churchill Downs are expected to grow by 24.92% in the coming year, from $5.90 to $7.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Churchill Downs is 29.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Churchill Downs is 29.95, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.18.Price to Earnings Growth RatioChurchill Downs has a PEG Ratio of 3.65. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioChurchill Downs has a P/B Ratio of 11.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Churchill Downs' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanySecret energy grid to power millions of homesThis high-security, secret U.S. facility has 2,100 engineers, machinists, and technicians building a new type of energy system the world has never seen before.Click here to get all the details. About Churchill Downs Stock (NASDAQ:CHDN)Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sports books; and casino gaming. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.Read More CHDN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CHDN Stock News HeadlinesMay 29, 2024 | globenewswire.comChurchill Downs Incorporated Names Sam Ullrich Vice President of Investor RelationsMay 28, 2024 | fool.comTight Budgets Come for TargetMay 21, 2024 | finance.yahoo.comInvesting in Churchill Downs (NASDAQ:CHDN) five years ago would have delivered you a 186% gainMay 17, 2024 | msn.comBob Baffert speaks on Churchill Downs suspension: 'I'm at their mercy basically'May 15, 2024 | globenewswire.comChurchill Downs Incorporated Opens Terre Haute Casino Resort Hotel in Terre Haute, IndianaMay 14, 2024 | msn.comHeavy police presence near Churchill Downs as LMPD investigates 'critical' incidentMay 13, 2024 | msn.comNew Churchill Downs Series Kicks Off With Salute To Veteran Trainer Jimmy BakerMay 12, 2024 | msn.comHorse racing fans celebrate mom with Mother’s Day at Churchill DownsMay 7, 2024 | finance.yahoo.comAre Consumer Discretionary Stocks Lagging Churchill Downs (CHDN) This Year?May 7, 2024 | msn.comChurchill Downs could extend rally after strong Kentucky Derby numbers push up Q2 expectationsMay 6, 2024 | msn.comKentucky Derby Hits Best Viewership Since 1989, Record Betting Handle: Why Investors Should Be Watching Churchill Downs StockMay 6, 2024 | markets.businessinsider.comJMP Securities Reaffirms Their Buy Rating on Churchill Downs (CHDN)May 5, 2024 | markets.businessinsider.comChurchill Downs Renews Kentucky Derby Broadcasting Deal With NBC Sports Until 2032May 4, 2024 | globenewswire.comChurchill Downs Incorporated and NBC Sports Extend Historic PartnershipMay 4, 2024 | globenewswire.comMystik Dan Wins the Historic 150th Running of the Kentucky Derby Presented by Woodford ReserveMay 4, 2024 | abcnews.go.comMystik Dan wins the 150th Kentucky Derby at Churchill Downs in a three-horse photo finishMay 4, 2024 | msn.comKentucky Derby to remain on NBC through 2032 in extension with Churchill DownsMay 4, 2024 | msn.comKentucky Derby 2024 live updates: Time, TV, odds, results and more from Churchill DownsMay 4, 2024 | msn.comHow to watch Kentucky Derby 2024 at Churchill Downs: Race time, TV channel, stream, oddsMay 3, 2024 | msn.comFilly Thorpedo Anna goes wire to wire to dominate soggy 150th Kentucky Oaks at Churchill DownsMay 3, 2024 | globenewswire.comThorpedo Anna Claims the Lilies for the 150th Running of the Longines Kentucky OaksMay 3, 2024 | omaha.com2024 Kentucky Derby long shot picks: Dark horse odds, predictions for Churchill Downs on SaturdayMay 3, 2024 | msn.comBob Baffert vs Churchill Downs: A timeline of why the Hall of Fame trainer will miss another Kentucky DerbyMay 3, 2024 | bizjournals.comA look at Churchill Down's Club SI (PHOTOS)May 3, 2024 | finance.yahoo.comChurchill Downs Independent Director Acquires 24% More StockSee More Headlines Company Calendar Last Earnings4/24/2024Today6/07/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Racing, including track operation Sub-IndustryCasinos & Gaming Current SymbolNASDAQ:CHDN CUSIP17148410 CIK20212 Webwww.churchilldownsincorporated.com Phone(502) 636-4400Fax502-636-4430Employees7,970Year Founded1875Price Target and Rating Average Stock Price Target$145.25 High Stock Price Target$156.00 Low Stock Price Target$138.00 Potential Upside/Downside+8.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$4.49 Trailing P/E Ratio29.95 Forward P/E Ratio22.79 P/E Growth3.65Net Income$417.30 million Net Margins13.72% Pretax Margin18.24% Return on Equity44.99% Return on Assets5.70% Debt Debt-to-Equity Ratio5.88 Current Ratio0.50 Quick Ratio0.50 Sales & Book Value Annual Sales$2.46 billion Price / Sales4.02 Cash Flow$7.52 per share Price / Cash Flow17.88 Book Value$11.98 per share Price / Book11.23Miscellaneous Outstanding Shares73,500,000Free Float69,734,000Market Cap$9.89 billion OptionableOptionable Beta0.99 Social Links Key ExecutivesMr. William C. Carstanjen (Age 56)CEO & Director Comp: $5.16MMr. William E. Mudd (Age 53)President & COO Comp: $3.03MMs. Marcia Ann Dall CPA (Age 60)Executive VP & CFO Comp: $2.1MMr. Bradley K. Blackwell (Age 51)Executive VP, General Counsel & Secretary Comp: $1.55MMs. Maureen Adams (Age 59)Executive Vice President of Gaming Operations Comp: $1.32MJon E. RauchVP & Chief Accounting OfficerMr. Nate SimonSenior VP & CTOKaitlin BuzzettoDirector of Investor RelationsMr. Jason SauerSenior Vice President of Corporate DevelopmentMs. Katherine ArmstrongSenior VP of Human ResourcesMore ExecutivesKey CompetitorsCanterbury ParkNASDAQ:CPHCLas Vegas SandsNYSE:LVSAdvanced Drainage SystemsNYSE:WMSMGM Resorts InternationalNYSE:MGMWynn ResortsNASDAQ:WYNNView All CompetitorsInsiders & InstitutionsBoston PartnersBought 35,587 shares on 5/28/2024Ownership: 1.151%Community Trust & Investment Co.Bought 21,200 shares on 5/23/2024Ownership: 0.177%Strategic Wealth Partners Ltd.Bought 2,936 shares on 5/20/2024Ownership: 0.012%Comerica BankSold 2,252 shares on 5/17/2024Ownership: 0.073%Walleye Trading LLCBought 700 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions CHDN Stock Analysis - Frequently Asked Questions Should I buy or sell Churchill Downs stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CHDN shares. View CHDN analyst ratings or view top-rated stocks. What is Churchill Downs' stock price target for 2024? 8 analysts have issued 12-month price objectives for Churchill Downs' stock. Their CHDN share price targets range from $138.00 to $156.00. On average, they predict the company's stock price to reach $145.25 in the next year. This suggests a possible upside of 8.0% from the stock's current price. View analysts price targets for CHDN or view top-rated stocks among Wall Street analysts. How have CHDN shares performed in 2024? Churchill Downs' stock was trading at $134.93 at the beginning of the year. Since then, CHDN shares have decreased by 0.3% and is now trading at $134.49. View the best growth stocks for 2024 here. When is Churchill Downs' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our CHDN earnings forecast. How were Churchill Downs' earnings last quarter? Churchill Downs Incorporated (NASDAQ:CHDN) posted its quarterly earnings results on Wednesday, April, 24th. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.35. The business earned $590.90 million during the quarter, compared to analysts' expectations of $565.41 million. Churchill Downs had a trailing twelve-month return on equity of 44.99% and a net margin of 13.72%. Churchill Downs's revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.98 earnings per share. How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs? Churchill Downs announced an annual dividend on Thursday, November 30th. Investors of record on Friday, December 1st will be given a dividend of $0.382 per share on Friday, January 5th. This represents a yield of 0.35%. The ex-dividend date of this dividend is Thursday, November 30th. This is a positive change from the stock's previous annual dividend of $0.36. Read our dividend analysis for CHDN. Is Churchill Downs a good dividend stock? Churchill Downs (NASDAQ:CHDN) pays an annual dividend of $0.38 per share and currently has a dividend yield of 0.29%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 8.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHDN will have a dividend payout ratio of 5.16% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CHDN. What ETFs hold Churchill Downs' stock? ETFs with the largest weight of Churchill Downs (NASDAQ:CHDN) stock in their portfolio include Roundhill Sports Betting & iGaming ETF (BETZ), VanEck Gaming ETF (BJK), B.A.D. Etf (BAD), Corbett Road Tactical Opportunity ETFNew (OPPX), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Fidelity Fundamental Small-Mid Cap ETF (FSMO) and ALPS Global Travel Beneficiaries ETF (JRNY). When did Churchill Downs' stock split? Churchill Downs shares split on Monday, May 22nd 2023. The 2-1 split was announced on Tuesday, April 25th 2023. The newly minted shares were payable to shareholders after the market closes on Friday, May 19th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What is Bill Carstanjen's approval rating as Churchill Downs' CEO? 16 employees have rated Churchill Downs Chief Executive Officer Bill Carstanjen on Glassdoor.com. Bill Carstanjen has an approval rating of 100% among the company's employees. This puts Bill Carstanjen in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 51.0% of employees surveyed would recommend working at Churchill Downs to a friend. 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 NVIDIA (NVDA), Marvell Technology (MRVL), Alibaba Group (BABA), Intuitive Surgical (ISRG), Block (SQ), Baidu (BIDU), JD.com (JD), Boeing (BA), CRISPR Therapeutics (CRSP) and Teladoc Health (TDOC). Who are Churchill Downs' major shareholders? Churchill Downs' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.08%), Capital Research Global Investors (8.33%), Capital International Investors (3.48%), Jennison Associates LLC (1.15%), Boston Partners (1.15%) and Price T Rowe Associates Inc. MD (0.68%). Insiders that own company stock include Austin W Miller, Paul C Varga and William E Mudd. View institutional ownership trends. How do I buy shares of Churchill Downs? Shares of CHDN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CHDN) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersMillionaire-Making “Wealth Pattern” Just Repeated on April 22If you think you missed out on the Bitcoin band wagon… You need to watch this immediately.Paradigm Press | SponsoredBreaking - The US Gov. 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