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

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

Eldorado Resorts Inc (NASDAQ:ERI) released its quarterly earnings results on Wednesday, November, 6th. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.63 by $0.15. The firm had revenue of $663.20 million for the quarter, compared to the consensus estimate of $674.72 million. Eldorado Resorts had a return on equity of 8.99% and a net margin of 3.61%. The firm's revenue was up 36.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.48 EPS. View Eldorado Resorts' Earnings History.

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Eldorado Resorts.

Eldorado Resorts will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 equities research analysts have issued 12 month price objectives for Eldorado Resorts' shares. Their forecasts range from $42.00 to $75.00. On average, they anticipate Eldorado Resorts' share price to reach $57.89 in the next year. This suggests that the stock has a possible downside of 16.2%. 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 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eldorado Resorts.

Media coverage about ERI stock has trended neutral recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Eldorado Resorts earned a news impact score of 0.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the next few days. View News Stories for Eldorado Resorts.

Eldorado Resorts saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 19,740,000 shares, an increase of 6.3% from the January 15th total of 18,570,000 shares. Based on an average trading volume of 1,360,000 shares, the days-to-cover ratio is currently 14.5 days. Currently, 30.2% of the company's shares 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), Huazhu Group (HTHT), Melco Resorts & Entertainment (MLCO), Caesars Entertainment (CZR), Hyatt Hotels (H), Choice Hotels International (CHH), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Wyndham Destinations (WYND), Penn National Gaming (PENN), Boyd Gaming (BYD), Red Rock Resorts (RRR) and Sunstone Hotel Investors (SHO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include Netflix (NFLX), AT&T (T), NVIDIA (NVDA), Las Vegas Sands (LVS), Walt Disney (DIS), Metlife (MET), Verizon Communications (VZ), Roku (ROKU), Alibaba Group (BABA) and Brighthouse Financial (BHF).

Eldorado Resorts' stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (13.49%), Canyon Capital Advisors LLC (6.75%), Point Break Capital Management LLC (4.24%), Westfield Capital Management Co. LP (2.89%), State Street Corp (2.59%) and Victory Capital Management Inc. (1.86%). Company insiders that own Eldorado Resorts stock include Anthony L Carano, 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 SG Capital Management LLC, Bridger Management LLC, Chartwell Investment Partners LLC, Falcon Point Capital LLC, Peregrine Capital Management LLC, First Trust Advisors LP, Envestnet Asset Management Inc. and Principal Financial Group Inc.. Company insiders that have sold Eldorado Resorts company stock in the last year include 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 Point Break Capital Management LLC, Point72 Asset Management L.P., Westfield Capital Management Co. LP, Victory Capital Management Inc., Victory Capital Management Inc., Eagle Asset Management Inc., Baupost Group LLC MA and Credit Suisse AG. 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, Robinhood, Fidelity and Charles Schwab.

One share of ERI stock can currently be purchased for approximately $69.09.

Eldorado Resorts has a market capitalization of $5.37 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]