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. Since then, ERI stock has increased by 66.3% and is now trading at $41.20. 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) released 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 business had revenue of $473.07 million for the quarter, compared to the consensus estimate of $542.45 million. Eldorado Resorts had a positive return on equity of 7.93% and a negative net margin of 5.62%. The company's revenue for the quarter was down 25.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 EPS. View Eldorado Resorts' earnings history.

9 brokers have issued 1 year price objectives for Eldorado Resorts' stock. Their forecasts range from $23.00 to $75.00. On average, they expect Eldorado Resorts' stock price to reach $44.78 in the next year. This suggests a possible upside of 8.7% from the stock's current price. View analysts' price targets for Eldorado Resorts.

Media stories about ERI stock have trended negative this week, InfoTrie reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Eldorado Resorts earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. 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), MGM Resorts International (MGM), Wynn Resorts (WYNN), 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."

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 $41.20.

Eldorado Resorts has a market capitalization of $4.06 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]