Eldorado Resorts Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Resorts in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Eldorado Resorts stock.
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Eldorado Resorts, Inc. (NASDAQ:ERI) released its quarterly earnings results on Monday, May, 11th. The company reported ($2.25) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.12 by $2.37. The company earned $473.07 million during the quarter, compared to the consensus estimate of $542.45 million. Eldorado Resorts had a negative net margin of 5.62% and a positive trailing twelve-month return on equity of 7.93%. Eldorado Resorts's revenue for the quarter was down 25.6% on a year-over-year basis. During the same period last year, the business posted $0.49 earnings per share.
View Eldorado Resorts' earnings history.

7 brokerages have issued 1 year price targets for Eldorado Resorts' stock. Their forecasts range from $34.00 to $57.00. On average, they expect Eldorado Resorts' stock price to reach $45.71 in the next year. This suggests that the stock has a possible downside of 51.1%.
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Some companies that are related to Eldorado Resorts include Hilton Worldwide (HLT), Caesars Entertainment (CZR), MGM Resorts International (MGM), Huazhu Group (HTHT), Penn National Gaming (PENN), Wynn Resorts (WYNN), InterContinental Hotels Group (IHG), Melco Resorts & Entertainment (MLCO), Hyatt Hotels (H), Boyd Gaming (BYD), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Wyndham Destinations (WYND), Park Hotels & Resorts (PK) and Red Rock Resorts (RRR).
View all of ERI's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include NVIDIA (NVDA), QUALCOMM (QCOM), The Boeing (BA), Delta Air Lines (DAL), MGM Resorts International (MGM), Verizon Communications (VZ), Alibaba Group (BABA), Advanced Micro Devices (AMD), DocuSign (DOCU) and PayPal (PYPL).

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

One share of ERI stock can currently be purchased for approximately $93.44.

Eldorado Resorts has a market capitalization of $9.21 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 is headquartered at 100 WEST LIBERTY STREET SUITE 1150, RENO NV, 89501.

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]