NASDAQ:ERIEldorado Resorts Stock Price, Forecast & News

Eldorado Resorts' stock was trading at $24.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ERI stock has increased by 61.3% and is now trading at $39.96. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Resorts in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Eldorado Resorts.

Eldorado Resorts is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Eldorado Resorts.

Eldorado Resorts Inc (NASDAQ:ERI) announced its quarterly earnings results on Monday, May, 11th. The company reported ($2.25) earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by $2.37. The business had revenue of $473.07 million for the quarter, compared to analyst estimates of $542.45 million. Eldorado Resorts had a negative net margin of 5.62% and a positive return on equity of 7.93%. The company's quarterly revenue was down 25.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 EPS. View Eldorado Resorts' earnings history.

9 equities research analysts have issued 12 month price targets for Eldorado Resorts' shares. Their forecasts range from $23.00 to $75.00. On average, they expect Eldorado Resorts' share price to reach $46.22 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price. View analysts' price targets for Eldorado Resorts.

News stories about ERI stock have been trending neutral this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Eldorado Resorts earned a news sentiment score of 0.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Eldorado Resorts.

Some companies that are related to Eldorado Resorts include Huazhu Group (HTHT), InterContinental Hotels Group (IHG), Caesars Entertainment (CZR), MGM Resorts International (MGM), Wynn Resorts (WYNN), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Choice Hotels International (CHH), Wyndham Hotels & Resorts (WH), Penn National Gaming (PENN), Wyndham Destinations (WYND), Park Hotels & Resorts (PK), Extended Stay America (STAY), Boyd Gaming (BYD) and Sunstone Hotel Investors (SHO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include Walt Disney (DIS), AT&T (T), Carnival (CCL), NVIDIA (NVDA), Delta Air Lines (DAL), Alibaba Group (BABA), Netflix (NFLX), Penn National Gaming (PENN), Boeing (BA) and MGM Resorts International (MGM).

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

Eldorado Resorts' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Chesley Taft & Associates LLC (0.04%) and Envestnet Asset Management Inc. (0.03%). Company insiders that own Eldorado Resorts stock include Anthony L Carano, David P Tomick, 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 Chesley Taft & Associates LLC. 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 activity for Eldorado Resorts.

ERI stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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 activity 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 $39.96.

Eldorado Resorts has a market capitalization of $3.94 billion and generates $2.53 billion in revenue each year. The company earns $81 million in net income (profit) each year or $1.47 on an earnings per share basis. Eldorado Resorts employs 15,500 workers across the globe.

The official website for Eldorado Resorts is 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]