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

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

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

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Eldorado Resorts.

8 brokerages have issued 12-month target prices for Eldorado Resorts' shares. Their forecasts range from $42.00 to $75.00. On average, they expect Eldorado Resorts' stock price to reach $58.14 in the next year. This suggests a possible upside of 16.6% 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 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eldorado Resorts.

News coverage about ERI stock has trended extremely negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by monitoring 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 positive five, with scores nearest to five being the most favorable. Eldorado Resorts earned a news sentiment score of -4.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Eldorado Resorts.

Eldorado Resorts saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 20,740,000 shares, an increase of 5.1% from the January 30th total of 19,740,000 shares. Based on an average trading volume of 1,320,000 shares, the short-interest ratio is currently 15.7 days. Approximately 31.7% of the shares of the stock 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), Caesars Entertainment (CZR), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Choice Hotels International (CHH), Wyndham Hotels & Resorts (WH), Park Hotels & Resorts (PK), Wyndham Destinations (WYND), Penn National Gaming (PENN), Boyd Gaming (BYD), Sunstone Hotel Investors (SHO) and Red Rock Resorts (RRR).

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), Roku (ROKU), Verizon Communications (VZ), Alibaba Group (BABA) and Brighthouse Financial (BHF).

Eldorado Resorts' stock is owned by many different of retail and institutional investors. Top institutional shareholders 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 purchased 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 $49.88.

Eldorado Resorts has a market capitalization of $3.88 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]