NASDAQ:ERI - Eldorado Resorts Stock Price, Price Target & More

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

Eldorado Resorts Inc (NASDAQ:ERI) posted its quarterly earnings results on Thursday, May, 3rd. The company reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.13. The company earned $440.19 million during the quarter, compared to analyst estimates of $446.15 million. Eldorado Resorts had a return on equity of 2.81% and a net margin of 5.62%. The company's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.02 earnings per share. View Eldorado Resorts' Earnings History.

8 brokerages have issued 12-month price targets for Eldorado Resorts' shares. Their forecasts range from $38.45 to $60.00. On average, they expect Eldorado Resorts' stock price to reach $48.8063 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Eldorado Resorts include InterContinental Hotels Group (IHG), Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), Wyndham Worldwide (WYN), Hyatt Hotels (H), Caesars Entertainment Co. Common Stock (CZR), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Boyd Gaming (BYD), Extended Stay America (STAY), Red Rock Resorts (RRR), Sunstone Hotel Investors (SHO), Penn National Gaming (PENN) and Xenia Hotels & Resorts (XHR).

News articles about ERI stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Eldorado Resorts earned a daily sentiment score of 0.11 on Accern's scale. They also assigned media coverage about the company an impact score of 45.11 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Eldorado Resorts' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (1.29%), Amalgamated Bank (0.01%), FNY Investment Advisers LLC (0.01%) and Bank of Montreal Can (0.00%). Company insiders that own Eldorado Resorts stock include 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.

ERI stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, FNY Investment Advisers LLC, Amalgamated Bank and Bank of Montreal Can. Company insiders that have bought Eldorado Resorts stock in the last two years include David P Tomick, James B Hawkins, Michael E Pegram, Roger P Wagner 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 $44.50.

Eldorado Resorts has a market capitalization of $3.43 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.

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]