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

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

Eldorado Resorts Inc (NASDAQ:ERI) announced its quarterly earnings data on Wednesday, November, 6th. The company reported $0.48 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.63 by $0.15. The firm earned $663.20 million during the quarter, compared to analyst estimates of $674.72 million. Eldorado Resorts had a net margin of 3.61% and a return on equity of 8.99%. Eldorado Resorts's revenue for the quarter was up 36.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.48 earnings per share. 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.

9 equities research analysts have issued 1 year price objectives for Eldorado Resorts' stock. Their forecasts range from $42.00 to $75.00. On average, they expect Eldorado Resorts' stock price to reach $57.79 in the next year. This suggests that the stock has a possible downside of 5.8%. View Analyst Price Targets for Eldorado Resorts.

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.

Media headlines about ERI stock have been trending extremely negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media 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 nearest to five being the most favorable. Eldorado Resorts earned a news impact score of -5.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Eldorado Resorts.

Eldorado Resorts saw a increase in short interest in 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 shares of the company 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), Walmart (WMT), Cyberark Software (CYBR), Micron Technology (MU), Square (SQ), Adobe (ADBE) and Tesla (TSLA).

Eldorado Resorts' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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]