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 earnings results on Thursday, November, 8th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.62 by $0.10. The firm earned $487.25 million during the quarter, compared to analysts' expectations of $494.60 million. Eldorado Resorts had a return on equity of 12.38% and a net margin of 10.21%. The firm's quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.38 EPS. View Eldorado Resorts' Earnings History.

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Eldorado Resorts.

8 analysts have issued 1 year target prices for Eldorado Resorts' shares. Their forecasts range from $38.45 to $65.00. On average, they expect Eldorado Resorts' share price to reach $52.9313 in the next twelve months. This suggests a possible upside of 46.3% 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 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Eldorado Resorts.

News stories about ERI stock have trended very positive this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Eldorado Resorts earned a media sentiment score of 3.1 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Eldorado Resorts saw a decrease in short interest during the month of October. As of October 15th, there was short interest totalling 9,089,947 shares, a decrease of 32.6% from the September 28th total of 13,487,593 shares. Based on an average trading volume of 1,243,640 shares, the short-interest ratio is currently 7.3 days. Approximately 15.7% of the company's stock are sold short. View Eldorado Resorts' Current Options Chain.

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

Eldorado Resorts' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (13.46%), BlackRock Inc. (9.36%), Frontier Capital Management Co. LLC (3.32%), Scopus Asset Management L.P. (2.53%), Wells Fargo & Company MN (1.98%) and Victory Capital Management Inc. (1.32%). Company insiders that own Eldorado Resorts stock include Anthony L Carano, Bonnie Biumi, David P Tomick, Edmund L Quatmann Jr, Hotel Casino Management, Inc, 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 Scopus Asset Management L.P., Peregrine Capital Management LLC, Chartwell Investment Partners LLC, Waterfront Capital Partners LLC, Vaughan Nelson Investment Management L.P., Monarch Partners Asset Management LLC, Barometer Capital Management Inc. and Castleark Management LLC. Company insiders that have sold Eldorado Resorts company stock in the last year include Edmund L Quatmann Jr, 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 BlackRock Inc., Frontier Capital Management Co. LLC, Neuberger Berman Group LLC, Wells Fargo & Company MN, RK Capital Management LLC, Victory Capital Management Inc., Bank of New York Mellon Corp and American International Group Inc.. 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, Roger P Wagner 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, Scottrade, Fidelity and Charles Schwab.

One share of ERI stock can currently be purchased for approximately $36.17.

Eldorado Resorts has a market capitalization of $2.89 billion and generates $1.47 billion in revenue each year. The company earns $73.93 million in net income (profit) each year or $0.01 on an earnings per share basis. Eldorado Resorts employs 12,500 workers across the globe.

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]