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

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

Eldorado Resorts Inc (NASDAQ:ERI) posted its earnings results on Thursday, November, 8th. The company reported $0.52 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.62 by $0.10. The firm earned $487.25 million during the quarter, compared to analyst estimates of $494.60 million. Eldorado Resorts had a net margin of 10.21% and a return on equity of 12.38%. The firm's revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the company posted $0.38 EPS. View Eldorado Resorts' Earnings History.

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Eldorado Resorts.

8 equities research analysts have issued 1 year target prices for Eldorado Resorts' shares. Their predictions range from $38.45 to $65.00. On average, they expect Eldorado Resorts' share price to reach $52.9313 in the next year. This suggests a possible upside of 37.5% 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.

News stories about ERI stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Eldorado Resorts earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Eldorado Resorts saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 9,135,997 shares, an increase of 20.4% from the October 31st total of 7,584,984 shares. Based on an average daily volume of 1,763,799 shares, the days-to-cover ratio is presently 5.2 days. Approximately 15.8% of the shares of the stock are sold short. View Eldorado Resorts' Current Options Chain.

Some companies that are related to Eldorado Resorts include Wynn Resorts (WYNN), InterContinental Hotels Group (IHG), Huazhu Group (HTHT), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Park Hotels & Resorts (PK), Caesars Entertainment (CZR), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Sunstone Hotel Investors (SHO), Red Rock Resorts (RRR), Penn National Gaming (PENN), Boyd Gaming (BYD), Xenia Hotels & Resorts (XHR) and Belmond (BEL).

Eldorado Resorts' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (13.46%), BlackRock Inc. (9.36%), Vanguard Group Inc. (6.87%), Frontier Capital Management Co. LLC (3.32%), Scopus Asset Management L.P. (2.53%) and Wells Fargo & Company MN (1.98%). 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 Scopus Asset Management L.P., Peregrine Capital Management LLC, Chartwell Investment Partners LLC, Waterfront Capital Partners LLC, Vaughan Nelson Investment Management L.P., Monarch Partners Asset Management LLC, Barometer Capital Management Inc. and Castleark Management LLC. Company insiders that have sold Eldorado Resorts company stock in the last year include 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., Frontier Capital Management Co. LLC, Neuberger Berman Group LLC, Vanguard Group Inc., Wells Fargo & Company MN, RK Capital Management LLC, Victory Capital Management Inc. and Bank of New York Mellon Corp. 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 $38.50.

Eldorado Resorts has a market capitalization of $2.97 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.

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]