NASDAQ:ERIEldorado Resorts Stock Price, Forecast & News

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 stock has increased by 62.1% and is now trading at $40.15. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Resorts in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Eldorado Resorts.

Eldorado Resorts is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Eldorado Resorts.

Eldorado Resorts Inc (NASDAQ:ERI) posted its quarterly earnings data on Monday, May, 11th. The company reported ($2.25) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $2.37. The company had revenue of $473.07 million for the quarter, compared to analysts' expectations 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 quarterly revenue was down 25.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.49 EPS. View Eldorado Resorts' earnings history.

9 analysts have issued 1 year target prices for Eldorado Resorts' shares. Their forecasts range from $23.00 to $75.00. On average, they anticipate Eldorado Resorts' stock price to reach $46.22 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price. View analysts' price targets for Eldorado Resorts.

News articles about ERI stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Eldorado Resorts earned a news impact score of -3.8 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Eldorado Resorts.

Some companies that are related to Eldorado Resorts include Huazhu Group (HTHT), InterContinental Hotels Group (IHG), Caesars Entertainment (CZR), Wynn Resorts (WYNN), MGM Resorts International (MGM), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Choice Hotels International (CHH), Wyndham Hotels & Resorts (WH), Penn National Gaming (PENN), Wyndham Destinations (WYND), Park Hotels & Resorts (PK), Boyd Gaming (BYD), Extended Stay America (STAY) and Sunstone Hotel Investors (SHO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include Walt Disney (DIS), AT&T (T), Carnival (CCL), NVIDIA (NVDA), Delta Air Lines (DAL), Alibaba Group (BABA), Netflix (NFLX), Penn National Gaming (PENN), Boeing (BA) and MGM Resorts International (MGM).

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

Eldorado Resorts' stock is owned by many different retail and institutional investors. Top institutional shareholders include Chesley Taft & Associates LLC (0.04%), Envestnet Asset Management Inc. (0.03%) and Whittier Trust Co. of Nevada Inc. (0.00%). Company insiders that own Eldorado Resorts stock include Anthony L Carano, 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 Chesley Taft & Associates LLC. 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 bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Whittier Trust Co. of Nevada 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, 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 $40.15.

Eldorado Resorts has a market capitalization of $3.96 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]