NASDAQ:ERI - Eldorado Resorts Stock Price, News, & Analysis

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

Eldorado Resorts Inc (NASDAQ:ERI) issued its quarterly earnings data on Thursday, May, 2nd. The company reported $0.49 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.10. The firm had revenue of $627.75 million for the quarter, compared to the consensus estimate of $660.92 million. Eldorado Resorts had a net margin of 5.00% and a return on equity of 11.41%. Eldorado Resorts's quarterly revenue was down 4.4% compared to the same quarter last year. During the same period last year, the firm posted $0.27 EPS. View Eldorado Resorts' Earnings History.

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Eldorado Resorts.

6 Wall Street analysts have issued 1-year price targets for Eldorado Resorts' stock. Their forecasts range from $42.00 to $65.00. On average, they anticipate Eldorado Resorts' stock price to reach $57.1667 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Eldorado Resorts.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Resorts in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eldorado Resorts.

Media stories about ERI stock have trended somewhat positive on Tuesday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Eldorado Resorts earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Eldorado Resorts.

Eldorado Resorts saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 6,245,000 shares, an increase of 12.4% from the April 15th total of 5,556,500 shares. Based on an average trading volume of 751,700 shares, the short-interest ratio is presently 8.3 days. Currently, 10.7% of the shares of the stock are sold short. View Eldorado Resorts' Current Options Chain.

Some companies that are related to Eldorado Resorts include MGM Resorts International (MGM), Wynn Resorts (WYNN), InterContinental Hotels Group (IHG), Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), Hyatt Hotels (H), Caesars Entertainment (CZR), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Extended Stay America (STAY), Sunstone Hotel Investors (SHO), Boyd Gaming (BYD), Red Rock Resorts (RRR) and Belmond (BEL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include NVIDIA (NVDA), Netflix (NFLX), Advanced Micro Devices (AMD), Paypal (PYPL), ARBOR RLTY TR I/SH (ABR), Adobe (ADBE), Viper Energy Partners (VNOM), Alibaba Group (BABA), Walmart (WMT) and Micron Technology (MU).

Eldorado Resorts' stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (13.48%), BlackRock Inc. (9.51%), Frontier Capital Management Co. LLC (4.80%), Wells Fargo & Company MN (2.54%), Victory Capital Management Inc. (1.80%) and Principal Financial Group Inc. (1.44%). Company insiders that own Eldorado Resorts stock include Anthony L Carano, Bonnie Biumi, David P Tomick, Edmund L Quatmann Jr, James B Hawkins, Michael E Pegram, Roger P Wagner, Stephanie Lepori and Thomas Reeg. View Institutional Ownership Trends for Eldorado Resorts.

ERI stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Principal Financial Group Inc., BlackRock Inc., Kennedy Capital Management Inc., Emerald Advisers LLC, Dupont Capital Management Corp, Parametric Portfolio Associates LLC and Assenagon Asset Management S.A.. View Insider Buying and Selling for Eldorado Resorts.

ERI stock was acquired by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Westfield Capital Management Co. LP, Victory Capital Management Inc., Wells Fargo & Company MN, Elk Creek Partners LLC, Frontier Capital Management Co. LLC, Stormborn Capital Management LLC and New York State Teachers Retirement System. Company insiders that have bought Eldorado Resorts stock in the last two years include Anthony L Carano, David P Tomick, James B Hawkins, Michael E Pegram and Thomas Reeg. View Insider Buying and Selling for Eldorado Resorts.

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, Scottrade, Fidelity and Charles Schwab.

One share of ERI stock can currently be purchased for approximately $53.25.

Eldorado Resorts has a market capitalization of $4.13 billion and generates $2.06 billion in revenue each year. The company earns $95.24 million in net income (profit) each year or $1.38 on an earnings per share basis. Eldorado Resorts employs 18,700 workers across the globe.View Additional Information About Eldorado Resorts.

The official website for Eldorado Resorts is http://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]