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

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

Eldorado Resorts Inc (NASDAQ:ERI) posted its quarterly earnings data 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 business's revenue for the quarter was up 36.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 EPS. View Eldorado Resorts' Earnings History.

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Eldorado Resorts.

8 brokerages have issued 1 year price targets for Eldorado Resorts' stock. Their forecasts range from $42.00 to $75.00. On average, they anticipate Eldorado Resorts' share price to reach $57.52 in the next twelve months. This suggests that the stock has a possible downside of 6.2%. 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.

Media stories about ERI stock have been trending positive on Monday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Eldorado Resorts earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact 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 December. As of December 31st, there was short interest totalling 18,570,000 shares, an increase of 6.8% from the December 15th total of 17,390,000 shares. Based on an average trading volume of 1,340,000 shares, the days-to-cover ratio is presently 13.9 days. Currently, 28.3% of the company's shares are short sold. View Eldorado Resorts' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Advanced Micro Devices (AMD), Las Vegas Sands (LVS), Verizon Communications (VZ), Walmart (WMT), Cyberark Software (CYBR), AbbVie (ABBV) and Square (SQ).

Eldorado Resorts' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.75%), Chesley Taft & Associates LLC (0.06%), Brasada Capital Management LP (0.03%), FormulaFolio Investments LLC (0.02%), Zeke Capital Advisors LLC (0.02%) and State of Alaska Department of Revenue (0.01%). 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 Peregrine Capital Management LLC, FormulaFolio Investments LLC, State of Alaska Department of Revenue and 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 for Eldorado Resorts.

ERI stock was bought by a variety of institutional investors in the last quarter, including Brasada Capital Management LP, Nisa Investment Advisors LLC, Zeke Capital Advisors LLC and FNY Investment Advisers 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 $61.34.

Eldorado Resorts has a market capitalization of $4.77 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]