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

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

Eldorado Resorts Inc (NASDAQ:ERI) posted its quarterly earnings results on Thursday, August, 2nd. The company reported $0.47 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.52 by $0.05. The company earned $456.80 million during the quarter, compared to the consensus estimate of $461.57 million. Eldorado Resorts had a net margin of 9.99% and a return on equity of 11.64%. The firm's revenue for the quarter was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.68) earnings per share. View Eldorado Resorts' Earnings History.

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Eldorado Resorts.

8 brokerages have issued 12-month price targets for Eldorado Resorts' shares. Their predictions range from $38.45 to $60.00. On average, they expect Eldorado Resorts' share price to reach $48.8063 in the next year. This suggests a possible upside of 1.3% 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.

Eldorado Resorts saw a increase in short interest in August. As of August 31st, there was short interest totalling 12,592,418 shares, an increase of 40.6% from the August 15th total of 8,953,869 shares. Based on an average trading volume of 2,023,185 shares, the short-interest ratio is currently 6.2 days. Approximately 21.7% of the shares of the company 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), Wyndham Worldwide (WYN), Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), Hyatt Hotels (H), Caesars Entertainment (CZR), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Extended Stay America (STAY), Boyd Gaming (BYD), Sunstone Hotel Investors (SHO), Red Rock Resorts (RRR) and Penn National Gaming (PENN).

Eldorado Resorts' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (13.49%), FMR LLC (13.47%), BlackRock Inc. (5.49%), Millennium Management LLC (2.36%), Wells Fargo & Company MN (1.68%) and Hood River Capital Management LLC (1.50%). 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 Epoch Investment Partners Inc., Hood River Capital Management LLC, Three Peaks Capital Management LLC, Chartwell Investment Partners LLC, Dimensional Fund Advisors LP, Federated Investors Inc. PA, Russell Investments Group Ltd. and Wells Fargo & Company MN. Company insiders that have sold Eldorado Resorts company stock in the last year include Bonnie Biumi, 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., Millennium Management LLC, FMR LLC, FMR LLC, Voya Investment Management LLC, Northern Trust Corp, Frontier Capital Management Co. LLC and Victory Capital Management 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 $48.20.

Eldorado Resorts has a market capitalization of $3.75 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]