Eldorado Resorts Stock Price, News & Analysis (NASDAQ:ERI)

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

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

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Eldorado Resorts.

Eldorado Resorts will be holding an earnings conference call on Wednesday, November 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 Wall Street analysts have issued 1 year price targets for Eldorado Resorts' stock. Their forecasts range from $42.00 to $66.00. On average, they anticipate Eldorado Resorts' share price to reach $55.64 in the next year. This suggests a possible upside of 31.8% 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. InfoTrie rates 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 -2.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Eldorado Resorts.

Eldorado Resorts saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 15,450,000 shares, an increase of 6.7% from the August 30th total of 14,480,000 shares. Based on an average daily trading volume, of 1,560,000 shares, the days-to-cover ratio is presently 9.9 days. Approximately 24.9% 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), Caesars Entertainment (CZR), Hyatt Hotels (H), Choice Hotels International (CHH), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Wyndham Destinations (WYND), Sunstone Hotel Investors (SHO), Boyd Gaming (BYD), Extended Stay America (STAY), Belmond (BEL) and Red Rock Resorts (RRR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Paypal (PYPL), Advanced Micro Devices (AMD), Micron Technology (MU), ARBOR RLTY TR I/SH (ABR), Square (SQ), Walmart (WMT) and Adobe (ADBE).

Eldorado Resorts' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Pacer Advisors Inc. (0.03%), State of Alaska Department of Revenue (0.01%), Alpine Group USVI LLC (0.01%) and Cerebellum GP LLC (0.00%). 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 Pacer Advisors Inc.. View Insider Buying and Selling for Eldorado Resorts.

ERI stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Alpine Group USVI LLC and Cerebellum GP LLC. 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 $42.21.

Eldorado Resorts has a market capitalization of $3.28 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]