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

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$38.50 +0.13 (+0.34 %)
(As of 12/11/2018 02:50 AM ET)
Previous Close$38.37
Today's Range$37.49 - $39.46
52-Week Range$29.16 - $50.64
Volume819,800 shs
Average Volume1.02 million shs
Market Capitalization$2.97 billion
P/E Ratio3,850.00
Dividend YieldN/A
Beta1.5
Eldorado Resorts, Inc., a gaming and hospitality company, owns and operates gaming facilities in Ohio, Louisiana, Nevada, Pennsylvania, West Virginia, Colorado, Florida, Iowa, Mississippi, and Missouri. It owns and operates Eldorado Resort Casino Reno, a 814-room hotel, casino and entertainment facility; Silver Legacy Resort Casino, a 1,711-room themed hotel and casino; Circus Circus Reno, a 1,571-room hotel-casino and entertainment complex; Eldorado Resort Casino Shreveport, a 403-room, all suite art deco-style hotel and tri-level riverboat dockside casino; Mountaineer Casino, Racetrack & Resort, a 357-room 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 owns and operates Isle Casino Hotel—Black Hawk, a land-based casino; Lady Luck Casino—Black Hawk, a land-based casino; 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, a dockside casino; 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; Isle of Capri Casino Kansas City, a dockside casino; and Lady Luck Casino Nemacolin, a casino property, as well as operates Racelinebet.com, which offers online and telephone wagering services on horse races. As of December 31, 2017, it owned and operated approximately 950,000 square feet of casino space with approximately 21,000 slot machines and video lottery terminals, 600 table and poker games, and 7,000 hotel rooms. Eldorado Resorts, Inc. was founded in 1973 and is based in Reno, Nevada.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Hotels & motels
Sub-IndustryN/A
SectorConsumer Discretionary
Current SymbolNASDAQ:ERI
Previous Symbol
CUSIPN/A
Phone775-328-0100

Debt

Debt-to-Equity Ratio2.86
Current Ratio1.63
Quick Ratio1.57

Price-To-Earnings

Trailing P/E Ratio3,850.00
Forward P/E Ratio20.59
P/E Growth1.03

Sales & Book Value

Annual Sales$1.47 billion
Price / Sales2.02
Cash Flow$1.9713 per share
Price / Cash Flow19.53
Book Value$12.30 per share
Price / Book3.13

Profitability

EPS (Most Recent Fiscal Year)$0.01
Net Income$73.93 million
Net Margins10.21%
Return on Equity12.38%
Return on Assets3.21%

Miscellaneous

Employees12,500
Outstanding Shares77,390,000
Market Cap$2.97 billion
OptionableOptionable

Eldorado Resorts (NASDAQ:ERI) Frequently Asked Questions

What is Eldorado Resorts' stock symbol?

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

How were Eldorado Resorts' earnings last quarter?

Eldorado Resorts Inc (NASDAQ:ERI) posted its earnings results on Thursday, November, 8th. The company reported $0.52 earnings per share 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 analyst estimates of $494.60 million. Eldorado Resorts had a net margin of 10.21% and a return on equity of 12.38%. The firm's revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the company posted $0.38 EPS. View Eldorado Resorts' Earnings History.

When is Eldorado Resorts' next earnings date?

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

What price target have analysts set for ERI?

8 equities research analysts have issued 1 year target prices for Eldorado Resorts' shares. Their predictions range from $38.45 to $65.00. On average, they expect Eldorado Resorts' share price to reach $52.9313 in the next year. This suggests a possible upside of 37.5% from the stock's current price. View Analyst Price Targets for Eldorado Resorts.

What is the consensus analysts' recommendation 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.

Has Eldorado Resorts been receiving favorable news coverage?

News stories about ERI stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Eldorado Resorts earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Are investors shorting Eldorado Resorts?

Eldorado Resorts saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 9,135,997 shares, an increase of 20.4% from the October 31st total of 7,584,984 shares. Based on an average daily volume of 1,763,799 shares, the days-to-cover ratio is presently 5.2 days. Approximately 15.8% of the shares of the stock are sold short. View Eldorado Resorts' Current Options Chain.

Who are some of Eldorado Resorts' key competitors?

Who are Eldorado Resorts' key executives?

Eldorado Resorts' management team includes the folowing people:
  • Mr. Gary L. Carano, Chairman & CEO (Age 66)
  • Mr. Thomas Robert Reeg CFA, Pres, CFO & Director (Age 46)
  • Mr. Anthony L. Carano, Exec. VP & Chief Operating Officer (Age 36)
  • Mr. Edmund L. Quatmann Jr., Exec. VP, Chief Legal Officer & Sec. (Age 47)
  • Ms. Stephanie D. Lepori, Chief Accounting Officer (Age 47)

Who are Eldorado Resorts' major shareholders?

Eldorado Resorts' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (13.46%), BlackRock Inc. (9.36%), Vanguard Group Inc. (6.87%), Frontier Capital Management Co. LLC (3.32%), Scopus Asset Management L.P. (2.53%) and Wells Fargo & Company MN (1.98%). 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.

Which major investors are selling Eldorado Resorts stock?

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.

Which major investors are buying Eldorado Resorts stock?

ERI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Frontier Capital Management Co. LLC, Neuberger Berman Group LLC, Vanguard Group Inc., Wells Fargo & Company MN, RK Capital Management LLC, Victory Capital Management Inc. and Bank of New York Mellon Corp. 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Eldorado Resorts' stock price today?

One share of ERI stock can currently be purchased for approximately $38.50.

How big of a company is Eldorado Resorts?

Eldorado Resorts has a market capitalization of $2.97 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.

What is Eldorado Resorts' official website?

The official website for Eldorado Resorts is http://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]


MarketBeat Community Rating for Eldorado Resorts (NASDAQ ERI)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  179 (Vote Outperform)
Underperform Votes:  150 (Vote Underperform)
Total Votes:  329
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.
This page was last updated on 12/11/2018 by MarketBeat.com Staff

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