NASDAQ:ERIEldorado Resorts Stock Price, Forecast & News

Eldorado Resorts' stock was trading at $24.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ERI shares have increased by 35.4% and is now trading at $33.54. 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 2 hold ratings and 7 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) released its quarterly earnings data on Monday, May, 11th. The company reported ($2.25) EPS for the quarter, missing the Zacks' consensus estimate of $0.12 by $2.37. The firm earned $473.07 million during the quarter, compared to the consensus estimate of $542.45 million. Eldorado Resorts had a negative net margin of 5.62% and a positive return on equity of 7.93%. Eldorado Resorts's quarterly revenue was down 25.6% on a year-over-year basis. During the same quarter last year, the business earned $0.49 EPS. View Eldorado Resorts' earnings history.

9 Wall Street analysts have issued 12-month target prices for Eldorado Resorts' shares. Their forecasts range from $12.50 to $75.00. On average, they expect Eldorado Resorts' stock price to reach $38.74 in the next year. This suggests a possible upside of 15.5% from the stock's current price. View analysts' price targets for Eldorado Resorts.

News coverage about ERI stock has been trending very positive this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media 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 positive five, with scores nearest to five being the most favorable. Eldorado Resorts earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutEldorado Resorts.

Eldorado Resorts saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 24,250,000 shares, an increase of 7.4% from the April 30th total of 22,570,000 shares. Based on an average trading volume of 6,640,000 shares, the days-to-cover ratio is presently 3.7 days. Approximately 35.7% of the shares of the company are sold short. View Eldorado Resorts' Current Options Chain.

Some companies that are related to Eldorado Resorts include Huazhu Group (HTHT), Wynn Resorts (WYNN), InterContinental Hotels Group (IHG), MGM Resorts International (MGM), Caesars Entertainment (CZR), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Penn National Gaming (PENN), Wyndham Destinations (WYND), Park Hotels & Resorts (PK), Boyd Gaming (BYD), Extended Stay America (STAY) 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.56%), Canyon Capital Advisors LLC (6.74%), Frontier Capital Management Co. LLC (5.20%), Point Break Capital Management LLC (4.67%), State Street Corp (2.62%) and Invesco Ltd. (2.06%). 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 BlackRock Inc., UBS Group AG, Silver Point Capital L.P., Principal Financial Group Inc., Eagle Asset Management Inc., Shellback Capital LP, Russell Investments Group Ltd., and Wells Fargo & Company MN. 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 Invesco Ltd., Villere ST Denis J & Co. LLC, Cohen & Steers Inc., SCP Investment LP, Voloridge Investment Management LLC, Frontier Capital Management Co. LLC, Shelter Haven Capital Management L.P., and Two Sigma Advisers LP. 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 $33.54.

Eldorado Resorts has a market capitalization of $2.61 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]