Churchill Downs Incorporated (CHDN)

NASDAQ: CHDN · Real-Time Price · USD
139.97
+1.23 (0.89%)
At close: Nov 20, 2024, 4:00 PM
141.01
+1.04 (0.74%)
Pre-market: Nov 21, 2024, 4:05 AM EST
0.89%
Market Cap 10.29B
Revenue (ttm) 2.67B
Net Income (ttm) 410.90M
Shares Out 73.50M
EPS (ttm) 5.51
PE Ratio 25.38
Forward PE 20.38
Dividend $0.41 (0.29%)
Ex-Dividend Date Dec 6, 2024
Volume 237,658
Open 138.06
Previous Close 138.74
Day's Range 137.19 - 140.04
52-Week Range 111.10 - 150.21
Beta 0.96
Analysts Strong Buy
Price Target 161.38 (+15.3%)
Earnings Date Oct 23, 2024

About CHDN

Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sports books; casino gaming; and Terre Haute Casino and The Rose Gaming Resorts. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping info... [Read more]

Industry Gambling
Founded 1928
Employees 7,970
Stock Exchange NASDAQ
Ticker Symbol CHDN
Full Company Profile

Financial Performance

In 2023, Churchill Downs's revenue was $2.46 billion, an increase of 36.02% compared to the previous year's $1.81 billion. Earnings were $417.30 million, a decrease of -5.03%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for CHDN stock is "Strong Buy." The 12-month stock price forecast is $161.38, which is an increase of 15.30% from the latest price.

Price Target
$161.38
(15.30% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Churchill Downs Incorporated Opens The Rose Gaming Resort in Northern Virginia

$460 Million Investment Creates a Worldclass Entertainment Destination Resort Supporting Horse Racing and Agriculture Industry in Virginia $460 Million Investment Creates a Worldclass Entertainment De...

13 days ago - GlobeNewsWire

Churchill Downs Incorporated (CHDN) Q3 2024 Earnings Call Transcript

Churchill Downs Incorporated (NASDAQ:CHDN) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Sam Ullrich - Vice President, Investor Relations William Carstanjen - Chie...

27 days ago - Seeking Alpha

Churchill Downs Incorporated Announces New HRM Entertainment Venue in Calvert City, Kentucky

LOUISVILLE, Ky., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today the planned development of a $40 to $50 million historical racing machine (“HRM...

4 weeks ago - GlobeNewsWire

Churchill Downs Incorporated Reports 2024 Third Quarter Results

LOUISVILLE, Ky., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") today reported business results for the third quarter ended September 30, 20...

4 weeks ago - GlobeNewsWire

The Best Growth Stocks to Buy

Growth stocks can create significant returns for investors, but what are they and how do you find the best ones? We take a closer look here.

5 weeks ago - Kiplinger

6 Top Stocks For Gaming, Casinos, Sports Betting: Analyst Says This Company's Estimates Will 'Prove Conservative'

The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said.

Other symbols: CZRFLUTGDENGENIMGM
5 weeks ago - Benzinga

Churchill Downs Incorporated 2024 Third Quarter Financial Results Conference Call Invitation

LOUISVILLE, Ky., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release third quarter 2024 financial results after the m...

2 months ago - GlobeNewsWire

Churchill Downs: Still Under The Radar, Still An Excellent Business

Churchill Downs Incorporated shows strong long-term performance, with improved business metrics and growth opportunities, making the stock attractive now. Q2 results exceeded expectations, with revenu...

2 months ago - Seeking Alpha

Churchill Downs Analyst Bullish About Kentucky Derby, New Virginia Gaming Resort: 'Sustainable Double-Digit Growth'

Horse racetrack owner Churchill Downs Inc CHDN gets an upgrade from an analyst ahead of the opening of a new gaming resort in Northern Virginia and its ownership of the Kentucky Derby race.

3 months ago - Benzinga

Churchill Downs Incorporated (CHDN) Q2 2024 Earnings Call Transcript

Churchill Downs Incorporated (NASDAQ:CHDN) Q2 2024 Results Conference Call July 25, 2024 9:00 AM ET Company Participants Sam Ullrich - Vice President, Investor Relations Bill Carstanjen - Chief Execu...

4 months ago - Seeking Alpha

Churchill Downs Incorporated Announces Robert L. Fealy Retires From Company's Board of Directors

LOUISVILLE, Ky., July 24, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “Company”) announced today that Robert L. Fealy retired from CDI's Board of Directors on July 23, 2024.

4 months ago - GlobeNewsWire

Churchill Downs Incorporated Reveals Grandstand Club and Pavilion Renovation Plan for Churchill Downs Racetrack

$80-$90 Million Project will Debut for the 151st Kentucky Derby in May 2025 $80-$90 Million Project will Debut for the 151st Kentucky Derby in May 2025

4 months ago - GlobeNewsWire

Churchill Downs Incorporated Reports 2024 Second Quarter Results

LOUISVILLE, Ky., July 24, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the “Company”, “CDI”, “we”) today reported business results for the second quarter ended June 30, 2024.

4 months ago - GlobeNewsWire

Churchill Downs Incorporated Closes Amendment to Extend Maturity Date of its Revolving Credit Facility and Term Loan A Facility

LOUISVILLE, Ky., July 03, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that CDI successfully closed an amendment of its senior secured ...

5 months ago - GlobeNewsWire

IGT and Churchill Downs Incorporated Pioneer Historical Horse Racing ("HHR") in Malta with National Lottery plc

Malta's National Lottery becomes first gaming operator outside the US to offer HHR solutions supporting international expansion for IGT and Exacta Systems LONDON , July 3, 2024 /PRNewswire/ -- Interna...

Other symbols: IGT
5 months ago - PRNewsWire

Churchill Downs Incorporated Names Michael Lilly President of TwinSpires Horse Racing

LOUISVILLE, Ky., June 27, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that Michael Lilly has been promoted to President of TwinSpires Horse Racing, t...

5 months ago - GlobeNewsWire

Churchill Downs Incorporated 2024 Second Quarter Financial Results Conference Call Invitation

LOUISVILLE, Ky., June 21, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release second quarter 2024 financial results after the m...

5 months ago - GlobeNewsWire

Churchill Downs: Solid Performing Gaming Stock Eschews Scale For EBITDA Growth

Churchill Downs Incorporated has grown earnings in a masterly blend of keeping margins high, buying and selling assets with the skills of a great investment manager. Its revenue will hit $3b this year...

5 months ago - Seeking Alpha

Churchill Downs Incorporated Names Sam Ullrich Vice President of Investor Relations

LOUISVILLE, Ky., May 29, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company," "CDI") announced today that Sam Ullrich has been named Vice President of Investor Relation...

6 months ago - GlobeNewsWire

Churchill Downs Incorporated Opens Terre Haute Casino Resort Hotel in Terre Haute, Indiana

LOUISVILLE, Ky., May 15, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) today announced the opening of its new 122-room hotel and event center at Terre H...

6 months ago - GlobeNewsWire

Churchill Downs Incorporated and NBC Sports Extend Historic Partnership

LOUISVILLE, Ky., May 04, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI") announced today that NBC Sports will continue to host the Kentucky Derby on NBC and Peacock throug...

7 months ago - GlobeNewsWire

Mystik Dan Wins the Historic 150th Running of the Kentucky Derby Presented by Woodford Reserve

New All-Time Handle Record Set for the Kentucky Derby Race, Kentucky Derby Day Program, and Kentucky Derby Week Races New All-Time Handle Record Set for the Kentucky Derby Race, Kentucky Derby Day Pro...

7 months ago - GlobeNewsWire

Thorpedo Anna Claims the Lilies for the 150th Running of the Longines Kentucky Oaks

LOUISVILLE, KY., May 03, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") announced a new Kentucky Oaks Day handle record at Churchill Downs Racetrack ...

7 months ago - GlobeNewsWire

Churchill Downs: Making A Wager On This Proven Compounder

Churchill Downs, owner of the iconic Kentucky Derby, is a diversified gaming operator with a strong historical record. The company has best in class operating margins, ROE, ROC and has exhibited consi...

7 months ago - Seeking Alpha

Churchill Downs Incorporated Reports 2024 First Quarter Results

LOUISVILLE, Ky., April 24, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") today reported business results for the first quarter ended March 31, 2024.

7 months ago - GlobeNewsWire