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

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$47.20 +0.80 (+1.72 %)
(As of 08/21/2018 09:35 AM ET)
Previous Close$46.40
Today's Range$46.40 - $47.25
52-Week Range$22.10 - $47.15
Volume19,316 shs
Average Volume1.56 million shs
Market Capitalization$3.55 billion
P/E Ratio4,720.00
Dividend YieldN/A
Beta1.05
Eldorado Resorts logoEldorado Resorts, Inc., a gaming and hospitality company, owns and operates gaming facilities in Ohio, Louisiana, Nevada, Pennsylvania, West Virginia, Colorado, Florida, Iowa, Mississippi, and Missouri. It owns and operates Eldorado Resort Casino Reno, a 814-room hotel, casino and entertainment facility; Silver Legacy Resort Casino, a 1,711-room themed hotel and casino; Circus Circus Reno, a 1,571-room hotel-casino and entertainment complex; Eldorado Resort Casino Shreveport, a 403-room, all suite art deco-style hotel and tri-level riverboat dockside casino; Mountaineer Casino, Racetrack & Resort, a 357-room hotel, casino, entertainment, and live thoroughbred horse racing facility; Presque Isle Downs & Casino, a casino and live thoroughbred horse racing facility; and Eldorado Gaming Scioto Downs, a modern racino. The company also owns and operates Isle Casino Hotel?Black Hawk, a land-based casino; Lady Luck Casino?Black Hawk, a land-based casino; Isle Casino Racing Pompano Park, a casino and harness racing track; Isle Casino Bettendorf, a land-based single-level casino; Isle Casino Waterloo, a SINGLE-level land-based casino; Isle of Capri Casino Hotel Lake Charles, a gaming vessel; Isle of Capri Casino Lula, a two dockside casino; Lady Luck Casino Vicksburg, a dockside casino; Isle of Capri Casino Boonville, a single-level dockside casino; Isle Casino Cape Girardeau, a dockside casino and pavilion and entertainment center; Lady Luck Casino Caruthersville, a riverboat casino; Isle of Capri Casino Kansas City, a dockside casino; and Lady Luck Casino Nemacolin, a casino property, as well as operates Racelinebet.com, which offers online and telephone wagering services on horse races. As of December 31, 2017, it owned and operated approximately 950,000 square feet of casino space with approximately 21,000 slot machines and video lottery terminals, 600 table and poker games, and 7,000 hotel rooms. Eldorado Resorts, Inc. was founded in 1973 and is based in Reno, Nevada.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Hotels & motels
Sub-IndustryN/A
SectorConsumer Discretionary
SymbolNASDAQ:ERI
CUSIPN/A
Phone775-328-0100

Debt

Debt-to-Equity Ratio2.20
Current Ratio2.32
Quick Ratio2.25

Price-To-Earnings

Trailing P/E Ratio4,720.00
Forward P/E Ratio25.65
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.47 billion
Price / Sales2.48
Cash Flow$2.0180 per share
Price / Cash23.39
Book Value$12.30 per share
Price / Book3.84

Profitability

EPS (Most Recent Fiscal Year)$0.01
Net Income$73.93 million
Net Margins9.99%
Return on Equity11.64%
Return on Assets3.06%

Miscellaneous

Employees12,500
Outstanding Shares77,340,000
Market Cap$3.55 billion

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

When is Eldorado Resorts' next earnings date?

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

What price target have analysts set for ERI?

8 Wall Street analysts have issued 12-month price objectives for Eldorado Resorts' shares. Their predictions range from $38.45 to $60.00. On average, they anticipate Eldorado Resorts' share price to reach $48.8063 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price. View Analyst Price Targets for Eldorado Resorts.

What is the consensus analysts' recommendation 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.

Are investors shorting Eldorado Resorts?

Eldorado Resorts saw a decrease in short interest in July. As of July 31st, there was short interest totalling 8,627,783 shares, a decrease of 18.4% from the July 13th total of 10,566,790 shares. Based on an average daily volume of 536,587 shares, the days-to-cover ratio is presently 16.1 days. Approximately 14.9% of the company's shares are short sold. View Eldorado Resorts' Current Options Chain.

Who are some of Eldorado Resorts' key competitors?

Who are Eldorado Resorts' key executives?

Eldorado Resorts' management team includes the folowing people:
  • Mr. Gary L. Carano, Chairman & CEO (Age 66)
  • Mr. Thomas Robert Reeg CFA, Pres, CFO & Director (Age 46)
  • Mr. Anthony L. Carano, Exec. VP & Chief Operating Officer (Age 36)
  • Mr. Edmund L. Quatmann Jr., Exec. VP & Chief Legal Officer (Age 47)
  • Ms. Stephanie D. Lepori, Chief Accounting Officer (Age 47)

Has Eldorado Resorts been receiving favorable news coverage?

Media coverage about ERI stock has trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Eldorado Resorts earned a daily sentiment score of 0.13 on Accern's scale. They also gave headlines about the company an impact score of 47.96 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Eldorado Resorts.

Who are Eldorado Resorts' major shareholders?

Eldorado Resorts' stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (13.49%), BlackRock Inc. (5.49%), Millennium Management LLC (2.36%), Wells Fargo & Company MN (1.68%), Hood River Capital Management LLC (1.50%) and Voya Investment Management LLC (1.35%). Company insiders that own Eldorado Resorts stock include 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.

Which major investors are selling Eldorado Resorts stock?

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.

Which major investors are buying Eldorado Resorts stock?

ERI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, FMR LLC, Voya Investment Management LLC, Frontier Capital Management Co. LLC, Victory Capital Management Inc., Pacific Grove Capital LP and Caerus Investors LLC. Company insiders that have bought Eldorado Resorts stock in the last two years include David P Tomick, 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 $46.40.

How big of a company is Eldorado Resorts?

Eldorado Resorts has a market capitalization of $3.55 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.

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 (NASDAQ ERI)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  158 (Vote Outperform)
Underperform Votes:  133 (Vote Underperform)
Total Votes:  291
MarketBeat's community ratings are surveys of what our community members think about Eldorado Resorts and other stocks. Vote "Outperform" if you believe ERI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ERI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

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