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 decreased by 47.8% and is now trading at $12.93. View which stocks have been mosted impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Resorts in the last year. There are currently 1 hold rating and 5 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 Thursday, May 7th 2020. View our earnings forecast for Eldorado Resorts.

Eldorado Resorts Inc (NASDAQ:ERI) issued its earnings results on Wednesday, February, 26th. The company reported $0.26 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.02. The business earned $592.12 million during the quarter, compared to analyst estimates of $590.74 million. Eldorado Resorts had a net margin of 3.20% and a return on equity of 10.45%. View Eldorado Resorts' earnings history.

6 analysts have issued 12 month price targets for Eldorado Resorts' stock. Their forecasts range from $21.00 to $75.00. On average, they anticipate Eldorado Resorts' share price to reach $49.19 in the next year. This suggests a possible upside of 280.4% from the stock's current price. View analysts' price targets for Eldorado Resorts.

Media stories about ERI stock have been trending very negative recently, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Eldorado Resorts earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutEldorado Resorts.

Eldorado Resorts saw a increase in short interest in March. As of March 13th, there was short interest totaling 25,771,800 shares, an increase of 23.8% from the February 27th total of 20,810,000 shares. Based on an average daily trading volume, of 6,629,800 shares, the days-to-cover ratio is currently 3.9 days. Approximately 39.4% of the shares of the company are short sold. View Eldorado Resorts' Current Options Chain.

Some companies that are related to Eldorado Resorts include Wyndham Hotels & Resorts (WH), Sunstone Hotel Investors (SHO), Wyndham Destinations (WYND), Studio City International (MSC), Park Hotels & Resorts (PK), Boyd Gaming (BYD), Extended Stay America (STAY), Penn National Gaming (PENN), GreenTree Hospitality Group (GHG), Xenia Hotels & Resorts (XHR), Red Rock Resorts (RRR), Monarch Casino & Resort (MCRI), Twin River Worldwide (TRWH), Playa Hotels & Resorts (PLYA) and Peak Resorts (SKIS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Eldorado Resorts investors own include Netflix (NFLX), AT&T (T), NVIDIA (NVDA), Walt Disney (DIS), Verizon Communications (VZ), Roku (ROKU), Las Vegas Sands (LVS), Alibaba Group (BABA), Carnival (CCL) and Penn National Gaming (PENN).

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

Eldorado Resorts' stock is owned by a number of institutional and retail investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%). Company insiders that own Eldorado Resorts stock include Anthony L Carano, David P Tomick, Edmund L Quatmann Jr, 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 Nelson Van Denburg & Campbell Wealth Management Group 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.

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 $12.93.

Eldorado Resorts has a market capitalization of $1.01 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. View additional information about Eldorado Resorts.

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]