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

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

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

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Eldorado Resorts.

8 equities research analysts have issued twelve-month price objectives for Eldorado Resorts' stock. Their forecasts range from $42.00 to $74.00. On average, they anticipate Eldorado Resorts' stock price to reach $56.64 in the next twelve months. This suggests a possible upside of 41.5% 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 stories about ERI stock have been trending negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing 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 -2.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Eldorado Resorts.

Eldorado Resorts saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 15,307,800 shares, an increase of 20.2% from the June 15th total of 12,734,600 shares. Based on an average trading volume of 1,540,000 shares, the days-to-cover ratio is presently 9.9 days. Approximately 26.5% of the shares of the stock are sold short. View Eldorado Resorts' Current Options Chain.

Some companies that are related to Eldorado Resorts include InterContinental Hotels Group (IHG), Wynn Resorts (WYNN), Huazhu Group (HTHT), Melco Resorts & Entertainment (MLCO), Caesars Entertainment (CZR), Hyatt Hotels (H), Choice Hotels International (CHH), Wyndham Hotels & Resorts (WH), Park Hotels & Resorts (PK), Sunstone Hotel Investors (SHO), Extended Stay America (STAY), Belmond (BEL), Boyd Gaming (BYD), Xenia Hotels & Resorts (XHR) 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), Advanced Micro Devices (AMD), Paypal (PYPL), ARBOR RLTY TR I/SH (ABR), Adobe (ADBE), Viper Energy Partners (VNOM), Alibaba Group (BABA), Walmart (WMT) and Caesars Entertainment (CZR).

Eldorado Resorts' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.82%), Vanguard Group Inc. (7.17%), HG Vora Capital Management LLC (5.79%), Highline Capital Management L.P. (1.99%), Westfield Capital Management Co. LP (1.90%) and Wells Fargo & Company MN (1.76%). 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 Victory Capital Management Inc., Wells Fargo & Company MN, Intrinsic Edge Capital Management LLC, Bank of New York Mellon Corp, Castleark Management LLC, AQR Capital Management LLC, Ancora Advisors LLC and RWC Asset Management LLP. View Insider Buying and Selling for Eldorado Resorts.

ERI stock was purchased by a variety of institutional investors in the last quarter, including HG Vora Capital Management LLC, BlackRock Inc., Point72 Asset Management L.P., Pentwater Capital Management LP, Invesco Ltd., Westfield Capital Management Co. LP, Canyon Capital Advisors LLC and Nuveen Asset Management 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, Scottrade, Fidelity and Charles Schwab.

One share of ERI stock can currently be purchased for approximately $40.03.

Eldorado Resorts has a market capitalization of $3.11 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]