About Eldorado Resorts (NASDAQ:ERI)
Eldorado Resorts, Inc. is a gaming and hospitality company that owns and operates gaming facilities located in Ohio, Louisiana, Nevada, Pennsylvania and West Virginia. The Company's segments are Nevada, Louisiana, Eastern and Corporate. As of May 1, 2017, the Company owned and operated approximately 503,000 square feet of casino space with approximately 20,000 slot machines and video lottery terminals (VLTs), over 550 table and poker games, 45 restaurants and 6,500 hotel rooms. As of December 31, 2016, the Company owned and operated various properties, including Eldorado Resort Casino Reno (Eldorado Reno), Silver Legacy Resort Casino (Silver Legacy), Circus Circus Reno (Circus Reno), Eldorado Resort Casino Shreveport (Eldorado Shreveport), Mountaineer Casino, Racetrack & Resort (Mountaineer), Presque Isle Downs & Casino (Presque Isle Downs), and Eldorado Gaming Scioto Downs (Scioto Downs).
Industry, Sector and Symbol
Industry LEISURE SERVICES
Trailing P/E Ratio37.5585762625147
Forward P/E Ratio16.65
Sales & Book Value
Annual Sales$1.47 billion
Price / Sales1.69
Cash Flow$1.91 per share
Price / Cash16.90
Book Value$12.30 per share
Price / Book2.63
Net Income$73.93 million
Return on Equity-0.19%
Return on Assets-0.05%
Eldorado Resorts (NASDAQ:ERI) Frequently Asked Questions
What is Eldorado Resorts' stock symbol?
Eldorado Resorts trades on the NASDAQ under the ticker symbol "ERI."
How were Eldorado Resorts' earnings last quarter?
Eldorado Resorts Inc (NASDAQ:ERI) released its earnings results on Thursday, November, 2nd. The company reported $0.38 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.36 by $0.02. The firm had revenue of $444.87 million for the quarter, compared to analysts' expectations of $448.30 million. Eldorado Resorts had a net margin of 5.17% and a negative return on equity of 0.19%. Eldorado Resorts's quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter last year, the company earned $0.20 EPS. View Eldorado Resorts' Earnings History.
Where is Eldorado Resorts' stock going? Where will Eldorado Resorts' stock price be in 2018?
7 brokers have issued 1-year target prices for Eldorado Resorts' stock. Their forecasts range from $26.00 to $42.00. On average, they anticipate Eldorado Resorts' share price to reach $35.43 in the next year. View Analyst Ratings for Eldorado Resorts.
Who are some of Eldorado Resorts' key competitors?
Some companies that are related to Eldorado Resorts include Six Flags Entertainment (SIX), Ladbrokes Coral Group (LDCOY), Choice Hotels (CHH), Cinemark (CNK), Hilton Grand Vacations (HGV), William Hill (WIMHY), Interval Leisure Group (ILG), The Stars Group (TSG), Extended Stay America (STAY), Planet Fitness (PLNT), Cedar Fair Entertainment (FUN), Boyd Gaming (BYD), Marriott Vacations Worldwide (VAC), Red Rock Resorts (RRR), Churchill Downs (CHDN), Zynga (ZNGA), Capcom (CCOEY) and Camping World (CWH).
Who are Eldorado Resorts' key executives?
Eldorado Resorts' management team includes the folowing people:
- Gary L. Carano, Chairman of the Board, Chief Executive Officer (Age 65)
- Thomas R. Reeg, President, Chief Financial Officer, Director (Age 45)
- Anthony L. Carano, Chief Operating Officer, Executive Vice President Operations, General Counsel, Secretary (Age 35)
- Edmund L. Quatmann Jr., Chief Legal Officer, Executive Vice President (Age 46)
- David P. Tomick, Lead Independent Director (Age 65)
- Bonnie S. Biumi, Director (Age 55)
- Frank J. Fahrenkopf Jr., Independent Director (Age 77)
- James B. Hawkins, Independent Director (Age 61)
- Gregory J. Kozicz, Independent Director (Age 55)
Has Eldorado Resorts been receiving favorable news coverage?
Headlines about ERI stock have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Eldorado Resorts earned a media sentiment score of 0.16 on Accern's scale. They also gave media stories about the company an impact score of 45.95 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Eldorado Resorts' major shareholders?
Eldorado Resorts' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.08%), Bridger Management LLC (3.24%), Park West Asset Management LLC (2.28%), Hood River Capital Management LLC (1.99%), Millennium Management LLC (1.92%) and Goldman Sachs Group Inc. (1.71%). Company insiders that own Eldorado Resorts stock include Anthony L Carano, Bonnie Biumi, David P Tomick, Gary L Carano, Hotel Casino Management, Inc, James B Hawkins, Michael E Pegram, Roger P Wagner and Thomas Reeg. View Institutional Ownership Trends for Eldorado Resorts.
Which institutional investors are selling Eldorado Resorts stock?
ERI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Millennium Management LLC, J. Goldman & Co LP, Park West Asset Management LLC, SG Capital Management LLC, Monarch Partners Asset Management LLC, Folger Hill Asset Management LP and Peregrine Capital Management LLC. Company insiders that have sold Eldorado Resorts company stock in the last year include Bonnie Biumi and Hotel Casino Management, Inc. View Insider Buying and Selling for Eldorado Resorts.
Which institutional investors are buying Eldorado Resorts stock?
ERI stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Victory Capital Management Inc., Hood River Capital Management LLC, Stormborn Capital Management LLC, Frontier Capital Management Co. LLC, Two Sigma Advisers LP, North Fourth Asset Management LP and Barometer Capital Management Inc.. Company insiders that have bought Eldorado Resorts stock in the last two years include Anthony L Carano, David P Tomick, Gary L Carano, James B Hawkins, Michael E Pegram, Roger P Wagner and Thomas Reeg. View Insider Buying and Selling for Eldorado Resorts.
How do I buy shares of 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.
What is Eldorado Resorts' stock price today?
One share of ERI stock can currently be purchased for approximately $32.30.
How big of a company is Eldorado Resorts?
Eldorado Resorts has a market capitalization of $2.56 billion and generates $1.47 billion in revenue each year. The company earns $73.93 million in net income (profit) each year or $0.86 on an earnings per share basis. Eldorado Resorts employs 12,500 workers across the globe.
How can I contact Eldorado Resorts?
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]
MarketBeat Community Rating for Eldorado Resorts (ERI)MarketBeat's community ratings are surveys of what our community members think about Eldorado Resorts and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Eldorado Resorts (NASDAQ:ERI) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.86||2.83||3.00||3.00|
|Ratings Breakdown: ||0 Sell Rating(s)|
1 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$35.43||$34.33||$29.50||$27.33|
|Price Target Upside: ||9.69% upside||2.33% upside||1.55% upside||10.55% upside|
Eldorado Resorts (NASDAQ:ERI) Consensus Price Target History
Eldorado Resorts (NASDAQ:ERI) Analyst Ratings History
(Data available from 3/24/2016 forward)
Eldorado Resorts (NASDAQ:ERI) Earnings History and Estimates Chart
Eldorado Resorts (NASDAQ ERI) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017||Q3 2017||$0.36||$0.38||$448.30 million||$444.87 million||View||N/A|
|8/8/2017||Q2 2017||$0.25||($0.70)||$354.15 million||$355.20 million||View||Listen|
|5/4/2017||Q1 2017||$0.20||$0.04||$209.75 million||$200.90 million||View||Listen|
|3/9/2017||Q4 2016||$0.07||$0.02||$215.48 million||$206.50 million||View||Listen|
|11/3/2016||Q3 2016||$0.30||$0.20||$248.00 million||$241.57 million||View||N/A|
|8/4/2016||Q216||$0.38||$0.23||$234.56 million||$231.30 million||View||N/A|
|5/5/2016||Q1 2016||$0.07||$213.57 million||View||N/A|
|3/10/2016||Q415||$0.03||$2.33||$173.54 million||$214.30 million||View||Listen|
|10/26/2015||Q315||$0.11||$0.07||$185.63 million||$183.50 million||View||Listen|
|8/5/2015||Q215||$0.06||$0.10||$166.48 million||$182.60 million||View||N/A|
|5/11/2015||Q1||($0.13)||($0.13)||$168.40 million||$167.45 million||View||Listen|
|3/16/2015||Q4 2014||($0.24)||$179.94 million||View||N/A|
Eldorado Resorts (NASDAQ:ERI) Earnings Estimates
2018 EPS Consensus Estimate: $1.96
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Eldorado Resorts (NASDAQ:ERI)
No dividend announcements for this company have been tracked by MarketBeat.com
Eldorado Resorts (NASDAQ ERI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.18%
Institutional Ownership Percentage: 84.33%
Eldorado Resorts (NASDAQ ERI) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/16/2017||Bonnie Biumi||Director||Sell||13,079||$29.50||$385,830.50|| |
|11/9/2017||David P Tomick||Director||Buy||1,700||$28.70||$48,790.00||10,400|| |
|8/23/2017||Thomas Reeg||Insider||Buy||1,000||$23.20||$23,200.00||47,200|| |
|6/16/2017||Thomas Reeg||Insider||Buy||2,500||$20.03||$50,075.00||46,200|| |
|5/23/2017||Hotel Casino Management, Inc.||Major Shareholder||Sell||750,000||$20.66||$15,495,000.00|| |
|5/22/2017||Hotel Casino Management, Inc.||Major Shareholder||Sell||20,864||$20.51||$427,920.64|| |
|3/14/2017||Roger P Wagner||Director||Buy||1,744||$18.70||$32,612.80|| |
|11/16/2016||David P Tomick||Director||Buy||3,000||$13.07||$39,210.00|| |
|11/11/2016||Thomas Reeg||Insider||Buy||4,200||$12.05||$50,610.00||43,700|| |
|11/9/2016||Michael E Pegram||Director||Buy||5,000||$10.95||$54,750.00||51,697|| |
|11/8/2016||James B Hawkins||Director||Buy||10,000||$10.99||$109,900.00||65,000|| |
|6/17/2016||Anthony L Carano||VP||Buy||3,000||$14.54||$43,620.00||8,500|| |
|6/15/2016||James B Hawkins||Director||Buy||5,000||$14.76||$73,800.00||52,000|| |
|5/24/2016||David P Tomick||Director||Buy||7,400||$13.55||$100,270.00|| |
|5/17/2016||Gary L Carano||CEO||Buy||7,500||$13.34||$100,050.00||34,220|| |
|5/10/2016||Thomas Reeg||CFO||Buy||4,500||$13.75||$61,875.00||39,500|| |
|3/17/2016||Michael E Pegram||Director||Buy||10,000||$11.00||$110,000.00||46,697|| |
|3/15/2016||James B Hawkins||Director||Buy||10,000||$10.80||$108,000.00||50,000|| |
|3/15/2016||Thomas Reeg||President||Buy||6,300||$10.80||$68,040.00||35,000|| |
|12/16/2015||Michael E. Pegram||Director||Buy||11,697||$9.62||$112,525.14||36,697|| |
|12/15/2015||James B Hawkins||Director||Buy||10,000||$9.66||$96,600.00||40,000|| |
|12/10/2015||Thomas Reeg||President||Buy||4,300||$10.14||$43,602.00||28,700|| |
|9/14/2015||Donald L Carano||Major Shareholder||Buy||4,000||$9.05||$36,200.00|| |
|9/11/2015||Gary L. Carano||CEO||Buy||10,870||$9.24||$100,438.80||26,720|| |
|8/25/2015||Gary L Carano||CEO||Buy||10,850||$9.15||$99,277.50||15,850|| |
|8/14/2015||Anthony L Carano||VP||Buy||3,000||$9.00||$27,000.00|| |
|8/14/2015||James B Hawkins||Director||Buy||10,000||$8.87||$88,700.00|| |
|8/14/2015||Thomas Reeg||President||Buy||7,400||$9.00||$66,600.00|| |
|3/20/2015||Anthony L Carano||VP||Buy||2,500||$4.71||$11,775.00|| |
|3/20/2015||Gary L Carano||CEO||Buy||5,000||$4.72||$23,600.00|| |
|3/20/2015||Thomas Reeg||President||Buy||5,400||$4.82||$26,028.00|| |
|3/19/2015||Roger P Wagner||Director||Buy||2,020||$4.82||$9,736.40|| |
|11/14/2014||James B Hawkins||Director||Buy||10,000||$4.31||$43,100.00|| |
|11/13/2014||Roger P Wagner||Director||Buy||3,596||$4.32||$15,534.72|| |
|11/13/2014||Thomas Reeg||President||Buy||11,600||$4.37||$50,692.00|| |
Eldorado Resorts (NASDAQ ERI) News Headlines
Eldorado Resorts (NASDAQ:ERI) SEC Filings
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Eldorado Resorts (NASDAQ:ERI) Income Statement, Balance Sheet and Cash Flow Statement
Eldorado Resorts (NASDAQ ERI) Stock Chart for Saturday, March, 24, 2018