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

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

Eldorado Resorts Inc (NASDAQ:ERI) issued its earnings results on Thursday, August, 2nd. The company reported $0.47 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.52 by $0.05. The company had revenue of $456.80 million for the quarter, compared to analysts' expectations of $461.57 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 21.6% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.68) earnings per share. View Eldorado Resorts' Earnings History.

Eldorado Resorts is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Eldorado Resorts.

Eldorado Resorts will be holding an earnings conference call on Wednesday, February 27th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 3237942094.

8 Wall Street analysts have issued 12-month target prices for Eldorado Resorts' stock. Their forecasts range from $38.45 to $65.00. On average, they expect Eldorado Resorts' stock price to reach $52.9313 in the next year. This suggests a possible upside of 8.8% from the stock's current price. View Analyst Price Targets 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.

News stories about ERI stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Eldorado Resorts earned a news sentiment score of 2.7 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include NVIDIA (NVDA), Netflix (NFLX), Micron Technology (MU), Alibaba Group (BABA), Paypal (PYPL), ConocoPhillips (COP), Viper Energy Partners (VNOM), Hercules Capital (HTGC), Advanced Micro Devices (AMD) and Walmart (WMT).

Eldorado Resorts' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.62%), Frontier Capital Management Co. LLC (4.74%), Principal Financial Group Inc. (1.63%), Victory Capital Management Inc. (1.37%), Northern Trust Corp (1.35%) and Oregon Public Employees Retirement Fund (1.22%). 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.

ERI stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Falcon Point Capital LLC, Castleark Management LLC, RWC Asset Management LLP, RWC Asset Management LLP, Westfield Capital Management Co. LP, Two Sigma Advisers LP and North Fourth Asset Management LP. 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.

ERI stock was acquired by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Oregon Public Employees Retirement Fund, SG Capital Management LLC, 1060 Capital LLC, Land & Buildings Investment Management LLC, Emerald Advisers LLC, Intrinsic Edge Capital Management LLC and Emerald Mutual Fund Advisers Trust. 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.

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 $48.66.

Eldorado Resorts has a market capitalization of $3.77 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.

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