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Churchill Downs (CHDN)
:CHDN
CHDN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$111.10 - $150.21
Previous CloseN/A
Volume51.23K
Average Volume (3M)545.54K
Market Cap
$8.94B
Enterprise Value$14.71B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)22.1
Beta0.95
Next Earnings
Apr 23, 2025EPS Estimate
1.22Last Dividend Ex-Date
Dec 06, 2024Dividend Yield0.34%
Share Statistics
EPS (TTM)5.49
Shares Outstanding73,496,740
10 Day Avg. Volume628,231
30 Day Avg. Volume545,544
Standard Deviation0.10
R-Squared0.23
Alpha0.00306
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.35
Price to Cash Flow (P/CF)13.20
P/FCF Ratio22.50
Enterprise Value/Market Cap1.65
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit18.48
Enterprise Value/Ebitda15.32
Forecast
1Y Price Target
$163.00Price Target Upside36.36% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
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Bulls Say, Bears Say
Bulls Say
Debt And Financial StrategyCHDN is poised to materially de-leverage through fiscal year 2026 as its capital expenditure cycle has peaked.
Earnings PerformanceCHDN historically outperforms in the second quarter, with average gains of 12% compared to peers' decline of 4%.
Expansion And Growth PlansThe company's HRM story continues to be a focus long term, with plans for expansion and a projected increase in EBITDA from HRMs by 60% from 2023 to 2026.
Bears Say
Competitive And Market ChallengesLower margins affected the adjusted EBITDA, and there is increased competition impacting gaming results.
Initial Project PerformanceThe Rose Gaming Resort has gotten off to a slower-than-expected start with declines in visitation and gaming revenue.
Project Margin ConcernsThe Rose project is likely to be margin dilutive to the Virginia segment due to the hotel.
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Ownership Overview
5.54% Insiders
30.77% Mutual Funds
21.49% Other Institutional Investors
22.76% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CHDN FAQ
What was Churchill Downs’s price range in the past 12 months?
Churchill Downs lowest stock price was $111.09 and its highest was $150.21 in the past 12 months.
What is Churchill Downs’s market cap?
Churchill Downs’s market cap is $8.94B.
When is Churchill Downs’s upcoming earnings report date?
Churchill Downs’s upcoming earnings report date is Apr 23, 2025 which is in 62 days.
How were Churchill Downs’s earnings last quarter?
Churchill Downs released its earnings results on Feb 19, 2025. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.908 by $0.012.
Is Churchill Downs overvalued?
According to Wall Street analysts Churchill Downs’s price is currently Undervalued.
Does Churchill Downs pay dividends?
Churchill Downs pays a Annually dividend of $0.409 which represents an annual dividend yield of 0.34%. See more information on Churchill Downs dividends here
What is Churchill Downs’s EPS estimate?
Churchill Downs’s EPS estimate is 1.22.
How many shares outstanding does Churchill Downs have?
Churchill Downs has 73,496,740 shares outstanding.
What happened to Churchill Downs’s price movement after its last earnings report?
Churchill Downs reported an EPS of $0.92 in its last earnings report, beating expectations of $0.908. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Churchill Downs?
Currently, no hedge funds are holding shares in CHDN
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Churchill Downs Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$163.00 (36.36% Upside)
$163.00 (36.36% Upside)
Blogger Sentiment
Bullish
CHDN Sentiment 70%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 246.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days <0.1%
Last 30 Days ▼ 4.7%
Last 30 Days ▼ 4.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.76%
12-Months-Change
Fundamentals
Return on Equity
41.39%
Trailing 12-Months
Asset Growth
6.25%
Trailing 12-Months
Company Description
Churchill Downs
Churchill Downs, Inc. operates as a provider of pari-mutuel horseracing, online account wagering on horseracing and casino gaming. It operates through the following business segments: Racing, Casino, Online Wagering, Corporate, and Other Investments. The Racing segment includes Churchill Downs Racetrack, Arlington Park Racecourse, Calder Race Course, and Fair Grounds Race Course. The Casinos segment includes Oxford Casino, Riverwalk Casino Hotel, Harlow's Casino Resort and Spa, Calder Casino, Fair Grounds Slots, Video Services and equity investment. The Online Wagering segment offers simulcasting and interactive wagering hub. The Corporate segment includes miscellaneous and other revenue, compensation expense, professional fees and other general and administrative expense not allocated to other operating segments. The Other Investments and Corporate segment consists of United Tote Company and United Tote Canada, Capital View Casino and Resort, Bluff Media, and minor investments. The company was founded in 1875 and is headquartered in Louisville, KY.
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CHDN Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance with record-breaking financial results, particularly from HRM expansions in Virginia and Kentucky. However, there were challenges with the Derby City Downtown venue and increased competition in regional gaming. Overall, the highlights significantly outweigh the lowlights, showing a positive outlook for the company's growth and future projects.Read More>---
CHDN Net revenue Breakdown
42.54% Live and Historical Racing
39.35% Gaming
18.07% TwinSpires
0.04% Other
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CHDN Stock 12 Month Forecast
Average Price Target
$163.00
▲(36.36% Upside)
Technical Analysis
Best Analysts Covering CHDN
1 Year
1 Year Success Rate
18/30 ratings generated profit
1 Year Average Return
+11.78%
assigned a buy rating 2 months ago
Copying David Katz's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +11.78% per trade.
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