Eldorado Resorts Stock Forecast, Price & News

Eldorado Resorts' stock was trading at $24.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ERI stock has increased by 158.4% and is now trading at $64.01.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Resorts in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Eldorado Resorts.

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Eldorado Resorts, Inc. (NASDAQ:ERI) announced its quarterly earnings results on Monday, May, 11th. The company reported ($2.25) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $2.37. The business had revenue of $473.07 million for the quarter, compared to analysts' expectations of $542.45 million. Eldorado Resorts had a positive return on equity of 7.93% and a negative net margin of 5.62%. The business's quarterly revenue was down 25.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.49 EPS.
View Eldorado Resorts' earnings history.

8 brokers have issued 12-month price targets for Eldorado Resorts' stock. Their forecasts range from $34.00 to $75.00. On average, they anticipate Eldorado Resorts' share price to reach $49.38 in the next twelve months. This suggests that the stock has a possible downside of 22.9%.
View analysts' price targets for Eldorado Resorts.

Some companies that are related to Eldorado Resorts include Huazhu Group (HTHT), MGM Resorts International (MGM), Caesars Entertainment (CZR), Penn National Gaming (PENN), InterContinental Hotels Group (IHG), Wynn Resorts (WYNN), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Choice Hotels International (CHH), Wyndham Hotels & Resorts (WH), Boyd Gaming (BYD), Wyndham Destinations (WYND), Park Hotels & Resorts (PK), Red Rock Resorts (RRR) and Extended Stay America (STAY).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include NVIDIA (NVDA), QUALCOMM (QCOM), The Boeing (BA), Delta Air Lines (DAL), MGM Resorts International (MGM), Verizon Communications (VZ), Alibaba Group (BABA), Advanced Micro Devices (AMD), DocuSign (DOCU) and PayPal (PYPL).

Eldorado Resorts trades on the NASDAQ under the ticker symbol "ERI."

Shares of ERI 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 ERI stock can currently be purchased for approximately $64.01.

Eldorado Resorts has a market capitalization of $6.31 billion and generates $2.53 billion in revenue each year. The company earns $81 million in net income (profit) each year or $1.47 on an earnings per share basis. Eldorado Resorts employs 15,500 workers across the globe.

The official website for Eldorado Resorts is www.eldoradoresorts.com.

Eldorado Resorts' mailing address is 100 WEST LIBERTY STREET SUITE 1150, RENO NV, 89501. The company can be reached via phone at 775-328-0100 or via email at [email protected]