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NASDAQ:ERIEldorado Resorts Stock Price, Forecast & News

$33.54
+0.86 (+2.63 %)
(As of 05/25/2020 10:06 AM ET)
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Today's Range
$30.92
Now: $33.54
$34.64
50-Day Range
$10.16
MA: $18.83
$32.68
52-Week Range
$6.02
Now: $33.54
$70.74
Volume9.69 million shs
Average Volume9.09 million shs
Market Capitalization$2.61 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.62
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: 3.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.54 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.53 billion
Cash Flow$4.63 per share
Book Value$14.37 per share

Profitability

Net Income$81 million

Miscellaneous

Employees15,500
Market Cap$2.61 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Eldorado Resorts (NASDAQ:ERI) Frequently Asked Questions

How has Eldorado Resorts' stock been impacted by COVID-19 (Coronavirus)?

Eldorado Resorts' stock was trading at $24.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ERI shares have increased by 35.4% and is now trading at $33.54. View which stocks have been most impacted by Coronavirus.

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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eldorado Resorts in the last year. There are currently 2 hold ratings and 7 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 Tuesday, August 4th 2020. View our earnings forecast for Eldorado Resorts.

How were Eldorado Resorts' earnings last quarter?

Eldorado Resorts Inc (NASDAQ:ERI) announced its earnings results on Monday, May, 11th. The company reported ($2.25) EPS for the quarter, missing the consensus estimate of $0.12 by $2.37. The business earned $473.07 million during the quarter, compared to analysts' expectations 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 quarter in the previous year, the business earned $0.49 earnings per share. View Eldorado Resorts' earnings history.

What price target have analysts set for ERI?

9 brokerages have issued 12-month price targets for Eldorado Resorts' shares. Their forecasts range from $12.50 to $75.00. On average, they anticipate Eldorado Resorts' stock price to reach $38.74 in the next twelve months. This suggests a possible upside of 15.5% from the stock's current price. View analysts' price targets for Eldorado Resorts.

Has Eldorado Resorts been receiving favorable news coverage?

Media coverage about ERI stock has trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 1.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutEldorado Resorts.

Are investors shorting Eldorado Resorts?

Eldorado Resorts saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 24,250,000 shares, an increase of 7.4% from the April 30th total of 22,570,000 shares. Based on an average trading volume of 6,640,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 35.7% of the company's stock are short sold. View Eldorado Resorts' Current Options Chain.

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 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).

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (9.56%), Canyon Capital Advisors LLC (6.74%), Frontier Capital Management Co. LLC (5.20%), Point Break Capital Management LLC (4.67%), State Street Corp (2.62%) and Invesco Ltd. (2.06%). Company insiders that own Eldorado Resorts stock include Anthony L Carano, 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 BlackRock Inc., UBS Group AG, Silver Point Capital L.P., Principal Financial Group Inc., Eagle Asset Management Inc., Shellback Capital LP, Russell Investments Group Ltd., and Wells Fargo & Company MN. 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 Invesco Ltd., Villere ST Denis J & Co. LLC, Cohen & Steers Inc., SCP Investment LP, Voloridge Investment Management LLC, Frontier Capital Management Co. LLC, Shelter Haven Capital Management L.P., and Two Sigma Advisers LP. 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, 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 $33.54.

How big of a company is Eldorado Resorts?

Eldorado Resorts has a market capitalization of $2.61 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 5/25/2020 by MarketBeat.com Staff

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