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

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

Eldorado Resorts Inc (NASDAQ:ERI) released its quarterly earnings results on Thursday, August, 2nd. The company reported $0.47 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.52 by $0.05. The business earned $456.80 million during the quarter, compared to the consensus estimate of $461.57 million. Eldorado Resorts had a return on equity of 11.64% and a net margin of 9.99%. The firm's revenue was up 21.6% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.68) earnings per share. View Eldorado Resorts' Earnings History.

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Eldorado Resorts.

8 analysts have issued twelve-month price objectives for Eldorado Resorts' stock. Their predictions range from $38.45 to $60.00. On average, they anticipate Eldorado Resorts' share price to reach $48.8063 in the next year. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for Eldorado Resorts.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Resorts in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eldorado Resorts.

Eldorado Resorts saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 12,592,418 shares, an increase of 40.6% from the August 15th total of 8,953,869 shares. Based on an average daily volume of 2,023,185 shares, the short-interest ratio is currently 6.2 days. Currently, 21.7% of the company's 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), Wyndham Worldwide (WYN), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Huazhu Group (HTHT), 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) and Red Rock Resorts (RRR).

News articles about ERI stock have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Eldorado Resorts earned a daily sentiment score of 0.18 on Accern's scale. They also assigned headlines about the company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Eldorado Resorts.

Eldorado Resorts' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (13.49%), FMR LLC (13.47%), BlackRock Inc. (5.49%), Millennium Management LLC (2.36%), Wells Fargo & Company MN (1.68%) and Hood River Capital Management LLC (1.50%). Company insiders that own Eldorado Resorts stock include Anthony L Carano, Bonnie Biumi, David P Tomick, Edmund L Quatmann Jr, Hotel Casino Management, Inc, 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 Epoch Investment Partners Inc., Hood River Capital Management LLC, Three Peaks Capital Management LLC, Chartwell Investment Partners LLC, Dimensional Fund Advisors LP, Federated Investors Inc. PA, Russell Investments Group Ltd. and Wells Fargo & Company MN. Company insiders that have sold Eldorado Resorts company stock in the last year include Bonnie Biumi, Edmund L Quatmann Jr, Roger P Wagner and Stephanie Lepori. View Insider Buying and Selling for Eldorado Resorts.

ERI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, FMR LLC, FMR LLC, Voya Investment Management LLC, Northern Trust Corp, Frontier Capital Management Co. LLC and Victory Capital Management Inc.. 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, Roger P Wagner 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 $48.30.

Eldorado Resorts has a market capitalization of $3.78 billion and generates $1.47 billion in revenue each year. The company earns $73.93 million in net income (profit) each year or $0.01 on an earnings per share basis. Eldorado Resorts employs 12,500 workers across the globe.

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]