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

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

Eldorado Resorts Inc (NASDAQ:ERI) issued its quarterly earnings data on Tuesday, August, 6th. The company reported $0.24 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.49 by $0.25. The business earned $637.10 million during the quarter, compared to the consensus estimate of $658.74 million. Eldorado Resorts had a return on equity of 9.47% and a net margin of 3.90%. Eldorado Resorts's quarterly revenue was up 39.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.47 earnings per share. View Eldorado Resorts' Earnings History.

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Eldorado Resorts.

8 analysts have issued twelve-month price objectives for Eldorado Resorts' stock. Their forecasts range from $42.00 to $66.00. On average, they anticipate Eldorado Resorts' stock price to reach $55.64 in the next twelve months. This suggests a possible upside of 29.6% 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 been trending negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Eldorado Resorts earned a news impact score of -2.9 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Eldorado Resorts.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include NVIDIA (NVDA), Netflix (NFLX), Advanced Micro Devices (AMD), Paypal (PYPL), ARBOR RLTY TR I/SH (ABR), Adobe (ADBE), Viper Energy Partners (VNOM), Alibaba Group (BABA), Walmart (WMT) and Caesars Entertainment (CZR).

Eldorado Resorts' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.82%), BlackRock Inc. (11.77%), Vanguard Group Inc. (7.17%), HG Vora Capital Management LLC (5.79%), Park West Asset Management LLC (4.06%) and Highline Capital Management L.P. (1.99%). Company insiders that own Eldorado Resorts stock include Anthony L Carano, Bonnie Biumi, 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 Victory Capital Management Inc., Wells Fargo & Company MN, Intrinsic Edge Capital Management LLC, Bank of New York Mellon Corp, Castleark Management LLC, AQR Capital Management LLC, Ancora Advisors LLC and RWC Asset Management LLP. View Insider Buying and Selling for Eldorado Resorts.

ERI stock was bought by a variety of institutional investors in the last quarter, including HG Vora Capital Management LLC, BlackRock Inc., BlackRock Inc., Point72 Asset Management L.P., Park West Asset Management LLC, Pentwater Capital Management LP, Invesco Ltd. and Westfield Capital Management Co. 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 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 $42.94.

Eldorado Resorts has a market capitalization of $3.34 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]