NASDAQ:ERI

Eldorado Resorts Stock Forecast, Price & News

$80.00

+1.84 (+2.35 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$76.22

Now: $80.00▼

$80.10

50-Day Range

$38.24

MA: $69.14▼

$78.80

52-Week Range

$6.02

Now: $80.00▼

$70.74

Volume2.90 million shs

Average Volume6.56 million shs

Market Capitalization$7.88 billion

P/E RatioN/A

Dividend YieldN/A

Beta2.8

Eldorado Resorts, Inc. operates as a gaming and hospitality company in the United States. It owns and operates Eldorado Resort Casino Reno, a hotel, casino, and entertainment facility; Silver Legacy Resort Casino, a themed hotel and casino; Circus Circus Reno, a hotel-casino and entertainment complex; Eldorado Resort Casino Shreveport, a hotel and tri-level riverboat dockside casino; Mountaineer Casino, Racetrack & Resort, a hotel, casino, entertainment, and live thoroughbred horse racing facility; Presque Isle Downs & Casino, a casino and live thoroughbred horse racing facility; and Eldorado Gaming Scioto Downs, a modern racino. The company also operates Isle Casino HotelBlack Hawk and Lady Luck CasinoBlack Hawk land-based casinos; Isle Casino Racing Pompano Park, a casino and harness racing track; Isle Casino Bettendorf, a land-based single-level casino; Isle Casino Waterloo, a single-level land-based casino; Isle of Capri Casino Hotel Lake Charles, a gaming vessel; Isle of Capri Casino Lula, a two dockside casino; Lady Luck Casino Vicksburg and Isle of Capri Casino Kansas City dockside casinos; Isle of Capri Casino Boonville, a single-level dockside casino; Isle Casino Cape Girardeau, a dockside casino, and pavilion and entertainment center; Lady Luck Casino Caruthersville, a riverboat casino; and Lady Luck Casino Nemacolin, a casino property. In addition, it operates Tropicana Casino and Resort, Atlantic City, a casino and resort; Tropicana Evansville, a casino hotel and entertainment complex; Lumière Place Casino, Tropicana Laughlin Hotel and Casino, MontBleu Casino Resort & Spa, and Grand Victoria Casino; Trop Casino Greenville, a landside gaming facility; Belle of Baton Rouge Casino & Hotel, a dockside riverboat; and Racelinebet.com. As of December 31, 2018, it owned 28 gaming facilities with approximately 30,000 slot machines and video lottery terminals; 800 table games; and 12,600 hotel rooms. The company was founded in 1973 and is based in Reno, Nevada.

MarketRank^™

Overall MarketRank^™

1.29 out of 5 stars

1.4 Analyst's Opinion

Consensus Rating
Eldorado Resorts has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $45.71, Eldorado Resorts has a forecasted downside of 42.9% from its current price of $80.00.
Amount of Analyst Coverage
Eldorado Resorts has received no research coverage in the past 90 days.

2.8 Community Rank

Outperform Votes
Eldorado Resorts has received 280 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Eldorado Resorts has received 229 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Eldorado Resorts has received 55.01% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Eldorado Resorts and other stocks. Vote “Outperform” if you believe ERI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ERI will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Eldorado Resorts does not currently pay a dividend.
Dividend Growth
Eldorado Resorts does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Eldorado Resorts insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.87% of the stock of Eldorado Resorts is held by insiders.
Percentage Held by Institutions
83.61% of the stock of Eldorado Resorts is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Eldorado Resorts are expected to grow in the coming year, from ($5.34) to ($1.43) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Eldorado Resorts is -46.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Eldorado Resorts is -46.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Eldorado Resorts has a P/B Ratio of 5.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Hotels & motels

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolNASDAQ:ERI

Previous Symbol

CUSIPN/A

CIK1590895

Webwww.eldoradoresorts.com

Phone775-328-0100

Employees15,500

Debt

Debt-to-Equity Ratio4.10

Current Ratio1.61

Quick Ratio1.59

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.53 billion

Price / Sales3.12

Cash Flow$9.67 per share

Price / Cash Flow8.27

Book Value$14.37 per share

Price / Book5.57

Profitability

EPS (Most Recent Fiscal Year)$1.47

Net Income$81 million

Net Margins-5.62%

Return on Equity7.93%

Return on Assets1.43%

Miscellaneous

Outstanding Shares98,561,000

Market Cap$7.88 billion

Next Earnings DateN/A

OptionableOptionable

$80.00

+1.84 (+2.35 %)

(As of 01/15/2021 12:00 AM ET)

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Eldorado Resorts (NASDAQ:ERI) Frequently Asked Questions

How has Eldorado Resorts' stock price been impacted by COVID-19?

Eldorado Resorts' stock was trading at $24.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ERI shares have increased by 223.0% and is now trading at $80.00.
View which stocks have been most impacted by COVID-19.

Is Eldorado Resorts a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eldorado Resorts in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Eldorado Resorts stock.
View analyst ratings for Eldorado Resorts or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Eldorado Resorts?

Wall Street analysts have given Eldorado Resorts a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Eldorado Resorts wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How were Eldorado Resorts' earnings last quarter?

Eldorado Resorts, Inc. (NASDAQ:ERI) announced its earnings results on Monday, May, 11th. The company reported ($2.25) EPS for the quarter, missing the Zacks' consensus estimate of $0.12 by $2.37. The firm earned $473.07 million during the quarter, compared to analyst estimates of $542.45 million. Eldorado Resorts had a positive return on equity of 7.93% and a negative net margin of 5.62%. The company's revenue was down 25.6% compared to the same quarter last year. During the same period last year, the business posted $0.49 EPS.
View Eldorado Resorts' earnings history.

What price target have analysts set for ERI?

7 brokerages have issued 12-month price objectives for Eldorado Resorts' shares. Their forecasts range from $34.00 to $57.00. On average, they expect Eldorado Resorts' stock price to reach $45.71 in the next year. This suggests that the stock has a possible downside of 42.9%.
View analysts' price targets for Eldorado Resorts or view Wall Street analyst' top-rated stocks.

Who are some of Eldorado Resorts' key competitors?

Some companies that are related to Eldorado Resorts include Hilton Worldwide (HLT), Caesars Entertainment (CZR), Penn National Gaming (PENN), MGM Resorts International (MGM), Huazhu Group (HTHT), InterContinental Hotels Group (IHG), Wynn Resorts (WYNN), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Choice Hotels International (CHH), Wyndham Hotels & Resorts (WH), Boyd Gaming (BYD), Park Hotels & Resorts (PK), Wyndham Destinations (WYND) and Red Rock Resorts (RRR).
View all of ERI's competitors.

What other stocks do shareholders of Eldorado Resorts own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include NVIDIA (NVDA), QUALCOMM (QCOM), The Boeing (BA), Delta Air Lines (DAL), MGM Resorts International (MGM), Verizon Communications (VZ), Alibaba Group (BABA), Advanced Micro Devices (AMD), DocuSign (DOCU) and PayPal (PYPL).

Who are Eldorado Resorts' key executives?

Eldorado Resorts' management team includes the following people:

Mr. Gary L. Carano, Exec. Chairman (Age 67)
Mr. Thomas Robert Reeg CFA, CEO & Director (Age 47)
Mr. Anthony L. Carano, Pres & COO (Age 37)
Mr. Edmund L. Quatmann Jr., Exec. VP, Chief Legal Officer & Sec. (Age 48)
Ms. Stephanie D. Lepori, Chief Admin. Officer & Chief Accounting Officer (Age 48)

What is Eldorado Resorts' stock symbol?

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

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Eldorado Resorts' stock price today?

One share of ERI stock can currently be purchased for approximately $80.00.

How big of a company is Eldorado Resorts?

Eldorado Resorts has a market capitalization of $7.88 billion and generates $2.53 billion in revenue each year. The company earns $81 million in net income (profit) each year or $1.47 on an earnings per share basis. Eldorado Resorts employs 15,500 workers across the globe.

What is Eldorado Resorts' official website?

The official website for Eldorado Resorts is www.eldoradoresorts.com.

How can I contact Eldorado Resorts?

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]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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