NASDAQ:ERI - Eldorado Resorts Stock Price, Price Target & More

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

Eldorado Resorts Inc (NASDAQ:ERI) released its quarterly earnings results on Thursday, May, 3rd. The company reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.40 by $0.13. The firm earned $440.19 million during the quarter, compared to analysts' expectations of $446.15 million. Eldorado Resorts had a return on equity of 2.81% and a net margin of 5.62%. Eldorado Resorts's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.02 earnings per share. View Eldorado Resorts' Earnings History.

8 equities research analysts have issued twelve-month target prices for Eldorado Resorts' shares. Their predictions range from $38.45 to $60.00. On average, they expect Eldorado Resorts' stock price to reach $48.8063 in the next year. This suggests a possible upside of 9.7% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Eldorado Resorts include InterContinental Hotels Group (IHG), Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), Wyndham Worldwide (WYN), Hyatt Hotels (H), Caesars Entertainment Co. Common Stock (CZR), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Boyd Gaming (BYD), Extended Stay America (STAY), Red Rock Resorts (RRR), Sunstone Hotel Investors (SHO), Penn National Gaming (PENN) and Xenia Hotels & Resorts (XHR).

Media stories about ERI stock have been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Eldorado Resorts earned a media sentiment score of 0.10 on Accern's scale. They also gave media coverage about the company an impact score of 45.03 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Eldorado Resorts' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (1.29%), Amalgamated Bank (0.01%), FNY Investment Advisers LLC (0.01%) and Bank of Montreal Can (0.00%). 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.

ERI stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, FNY Investment Advisers LLC, Amalgamated Bank and Bank of Montreal Can. 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.

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 $44.50.

Eldorado Resorts has a market capitalization of $3.43 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]