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NASDAQ:ERI

Eldorado Resorts Stock Forecast, Price & News

$52.87
-1.99 (-3.63 %)
(As of 09/24/2020 12:00 AM ET)
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Today's Range
$52.38
Now: $52.87
$54.92
50-Day Range
$35.54
MA: $46.63
$58.98
52-Week Range
$6.02
Now: $52.87
$70.74
Volume2.96 million shs
Average Volume6.56 million shs
Market Capitalization$5.21 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.8
Eldorado Resorts, Inc. operates as a gaming and hospitality company in the United States. It owns and operates Eldorado Resort Casino Reno, a hotel, casino, and entertainment facility; Silver Legacy Resort Casino, a themed hotel and casino; Circus Circus Reno, a hotel-casino and entertainment complex; Eldorado Resort Casino Shreveport, a hotel and tri-level riverboat dockside casino; Mountaineer Casino, Racetrack & Resort, a hotel, casino, entertainment, and live thoroughbred horse racing facility; Presque Isle Downs & Casino, a casino and live thoroughbred horse racing facility; and Eldorado Gaming Scioto Downs, a modern racino. The company also operates Isle Casino Hotel—Black Hawk and Lady Luck Casino—Black Hawk land-based casinos; Isle Casino Racing Pompano Park, a casino and harness racing track; Isle Casino Bettendorf, a land-based single-level casino; Isle Casino Waterloo, a single-level land-based casino; Isle of Capri Casino Hotel Lake Charles, a gaming vessel; Isle of Capri Casino Lula, a two dockside casino; Lady Luck Casino Vicksburg and Isle of Capri Casino Kansas City dockside casinos; Isle of Capri Casino Boonville, a single-level dockside casino; Isle Casino Cape Girardeau, a dockside casino, and pavilion and entertainment center; Lady Luck Casino Caruthersville, a riverboat casino; and Lady Luck Casino Nemacolin, a casino property. In addition, it operates Tropicana Casino and Resort, Atlantic City, a casino and resort; Tropicana Evansville, a casino hotel and entertainment complex; Lumière Place Casino, Tropicana Laughlin Hotel and Casino, MontBleu Casino Resort & Spa, and Grand Victoria Casino; Trop Casino Greenville, a landside gaming facility; Belle of Baton Rouge Casino & Hotel, a dockside riverboat; and Racelinebet.com. As of December 31, 2018, it owned 28 gaming facilities with approximately 30,000 slot machines and video lottery terminals; 800 table games; and 12,600 hotel rooms. The company was founded in 1973 and is based in Reno, Nevada.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.16 out of 5 stars


Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryN/A
Current SymbolNASDAQ:ERI
CUSIPN/A
Phone775-328-0100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.53 billion
Cash Flow$6.39 per share
Book Value$14.37 per share

Profitability

Net Income$81 million

Miscellaneous

Employees15,500
Market Cap$5.21 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$52.87
-1.99 (-3.63 %)
(As of 09/24/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Eldorado Resorts (NASDAQ:ERI) Frequently Asked Questions

How has Eldorado Resorts' stock price been impacted by COVID-19?

Eldorado Resorts' stock was trading at $24.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ERI stock has increased by 113.4% and is now trading at $52.87.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Eldorado Resorts?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Resorts in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Eldorado Resorts
.

When is Eldorado Resorts' next earnings date?

Eldorado Resorts is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Eldorado Resorts
.

How were Eldorado Resorts' earnings last quarter?

Eldorado Resorts Inc (NASDAQ:ERI) announced its quarterly earnings results on Monday, May, 11th. The company reported ($2.25) earnings per share (EPS) for the quarter, missing the 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 was down 25.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.49 earnings per share.
View Eldorado Resorts' earnings history
.

What price target have analysts set for ERI?

8 equities research analysts have issued 12 month price objectives for Eldorado Resorts' shares. Their forecasts range from $34.00 to $75.00. On average, they expect Eldorado Resorts' share price to reach $49.38 in the next year. This suggests that the stock has a possible downside of 6.6%.
View analysts' price targets for Eldorado Resorts
.

Who are some of Eldorado Resorts' key competitors?

What other stocks do shareholders of Eldorado Resorts own?

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

Who are Eldorado Resorts' key executives?

Eldorado Resorts' management team includes the following people:
  • Mr. Gary L. Carano, Exec. Chairman (Age 67)
  • Mr. Thomas Robert Reeg CFA, CEO & Director (Age 47)
  • Mr. Anthony L. Carano, Pres & COO (Age 37)
  • Mr. Edmund L. Quatmann Jr., Exec. VP, Chief Legal Officer & Sec. (Age 48)
  • Ms. Stephanie D. Lepori, Chief Admin. Officer & Chief Accounting Officer (Age 48)

What is Eldorado Resorts' stock symbol?

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

Who are Eldorado Resorts' major shareholders?

Eldorado Resorts' stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (13.49%), Vanguard Group Inc. (7.90%), Canyon Capital Advisors LLC (5.33%), Frontier Capital Management Co. LLC (4.69%), Villere ST Denis J & Co. LLC (1.49%) and Victory Capital Management Inc. (1.39%). Company insiders that own Eldorado Resorts stock include David P Tomick, James B Hawkins, Michael E Pegram, Roger P Wagner, Stephanie Lepori and Thomas Reeg.
View institutional ownership trends for Eldorado Resorts
.

Which major investors are selling Eldorado Resorts stock?

ERI stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Marble Ridge Capital LP, Two Sigma Advisers LP, Shelter Haven Capital Management L.P., SCP Investment LP, Intrinsic Edge Capital Management LLC, Russell Investments Group Ltd., and First Trust Advisors LP. 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
.

Which major investors are buying Eldorado Resorts stock?

ERI stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Rovida Advisors Inc., Principal Financial Group Inc., Principal Financial Group Inc., Frontier Capital Management Co. LLC, Villere ST Denis J & Co. LLC, and Bank of New York Mellon Corp. Company insiders that have bought Eldorado Resorts stock in the last two years include David P Tomick, James B Hawkins, Michael E Pegram, and Thomas Reeg.
View insider buying and selling activity for Eldorado Resorts
.

How do I buy shares of 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.

What is Eldorado Resorts' stock price today?

One share of ERI stock can currently be purchased for approximately $52.87.

How big of a company is Eldorado Resorts?

Eldorado Resorts has a market capitalization of $5.21 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.

What is Eldorado Resorts' official website?

The official website for Eldorado Resorts is www.eldoradoresorts.com.

How can I contact Eldorado Resorts?

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]

This page was last updated on 9/25/2020 by MarketBeat.com Staff

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