Eldorado Resorts Stock Forecast, Price & News

Eldorado Resorts' stock was trading at $24.77 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ERI stock has increased by 126.9% and is now trading at $56.20.
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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."
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Eldorado Resorts is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Eldorado Resorts.

Eldorado Resorts Inc (NASDAQ:ERI) issued its quarterly earnings results on Monday, May, 11th. The company reported ($2.25) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $2.37. The firm had revenue of $473.07 million for 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 firm's revenue was down 25.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.49 EPS.
View Eldorado Resorts' earnings history.

8 brokerages have issued 1 year target prices for Eldorado Resorts' shares. Their forecasts range from $34.00 to $75.00. On average, they expect Eldorado Resorts' share price to reach $49.38 in the next twelve months. This suggests that the stock has a possible downside of 12.1%.
View analysts' price targets for Eldorado Resorts.

Some companies that are related to Eldorado Resorts include Huazhu Group (HTHT), MGM Resorts International (MGM), Penn National Gaming (PENN), InterContinental Hotels Group (IHG), Wynn Resorts (WYNN), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Caesars Entertainment (CZR), Choice Hotels International (CHH), Wyndham Hotels & Resorts (WH), Boyd Gaming (BYD), Wyndham Destinations (WYND), Park Hotels & Resorts (PK), Extended Stay America (STAY) and Red Rock Resorts (RRR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Boeing (BA), Delta Air Lines (DAL), MGM Resorts International (MGM), Alibaba Group (BABA), Verizon Communications (VZ), Advanced Micro Devices (AMD), Walt Disney (DIS) and Paypal (PYPL).

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

Eldorado Resorts' stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (13.49%), Vanguard Group Inc. (7.90%), Canyon Capital Advisors LLC (5.33%), Frontier Capital Management Co. LLC (4.69%), Villere ST Denis J & Co. LLC (1.49%) and Victory Capital Management Inc. (1.39%). Company insiders that own Eldorado Resorts stock include David P Tomick, 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 Point72 Asset Management L.P., Marble Ridge Capital LP, Two Sigma Advisers LP, Shelter Haven Capital Management L.P., SCP Investment LP, Intrinsic Edge Capital Management LLC, Russell Investments Group Ltd., and First Trust Advisors LP. Company insiders that have sold Eldorado Resorts company stock in the last year include Roger P Wagner, and Stephanie Lepori.
View insider buying and selling activity for Eldorado Resorts.

ERI stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Rovida Advisors Inc., Principal Financial Group Inc., Principal Financial Group Inc., Frontier Capital Management Co. LLC, Villere ST Denis J & Co. LLC, and Bank of New York Mellon Corp. Company insiders that have bought Eldorado Resorts stock in the last two years include David P Tomick, James B Hawkins, Michael E Pegram, and Thomas Reeg.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of ERI stock can currently be purchased for approximately $56.20.

Eldorado Resorts has a market capitalization of $5.54 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.

The official website for Eldorado Resorts is 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]