Churchill Downs Incorporated (CHDN)
| Market Cap | 5.58B -11.6% |
| Revenue (ttm) | 2.99B +5.7% |
| Net Income | 412.00M -4.2% |
| EPS | 5.88 +1.2% |
| Shares Out | 69.70M |
| PE Ratio | 13.62 |
| Forward PE | 11.29 |
| Dividend | $0.44 (0.55%) |
| Ex-Dividend Date | Dec 5, 2025 |
| Volume | 1,208,085 |
| Open | 80.87 |
| Previous Close | 81.06 |
| Day's Range | 78.65 - 81.20 |
| 52-Week Range | 73.09 - 118.35 |
| Beta | 0.77 |
| Analysts | Strong Buy |
| Price Target | 127.67 (+59.55%) |
| Earnings Date | Oct 28, 2026 |
About CHDN
Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. It operates through three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia, and New Hampshire; provides racing event-related services, including ... [Read more]
Financial Performance
In 2025, Churchill Downs's revenue was $2.93 billion, an increase of 7.01% compared to the previous year's $2.73 billion. Earnings were $383.00 million, a decrease of -10.26%.
Financial StatementsAnalyst Summary
According to 12 analysts, the average rating for CHDN stock is "Strong Buy." The 12-month stock price target is $127.67, which is an increase of 59.55% from the latest price.
News
Churchill Downs price target lowered to $131 from $137 at Citizens
Citizens lowered the firm’s price target on Churchill Downs (CHDN) to $131 from $137 and keeps an Outperform rating on the shares. Gaming estimates and price targets are being revised…
Churchill Downs price target lowered to $125 from $157 at Mizuho
Mizuho lowered the firm’s price target on Churchill Downs (CHDN) to $125 from $157 and keeps an Outperform rating on the shares. The firm adjusted targets in the gaming and…
Nevada reports August statewide gaming win up 3.14% to $1.27B
Nevada reports August Las Vegas Strip gaming win up 0.7% to $684.09M. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG...
Churchill Downs Incorporated Announces Closing of Amended and Extended Credit Facility and New Term Loan B
Amended and Extended Credit Agreement for Revolver and Term Loan A Facility and Issued a New $500 Million Term Loan B Amended and Extended Credit Agreement for Revolver and Term Loan A Facility and Is...
Churchill Downs Slides: Investor presentation
Churchill Downs has posted slides in relation to its latest quarterly earnings report, which was published on September 23, 2026.
Churchill Downs Incorporated 2026 Third Quarter Financial Results Conference Call Invitation
LOUISVILLE, Ky., Sept. 21, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release third quarter 2026 financial results after the m...
Churchill Downs Incorporated Announces Pricing of $500 Million Senior Secured Term Loan B Due 2033
LOUISVILLE, Ky., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” “the Company”) announced today that it successfully priced its previously announced $500 million ...
Churchill Downs Incorporated Announces Launch of $500 Million Senior Secured Term Loan B Due 2033
LOUISVILLE, Ky., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” “the Company”) announced today that it is launching a proposed $500 million in aggregate principa...
Churchill Downs initiated with an Outperform at Wolfe Research
Wolfe Research initiated coverage of Churchill Downs (CHDN) with an Outperform rating and $119 price target The firm launched coverage of 11 gaming and lodging stocks spanning land-based gaming, onlin...
Nevada reports July statewide gaming win up 2.07% to $1.39B
Nevada reports July Las Vegas Strip gaming win up 3.64% to $776.34M. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG)...
Churchill Downs Transcript: Status update
A new Thoroughbred Championship Series will launch in 2027, linking six major races into a season-long competition with a points-based championship. The initiative aims to modernize the sport, deepen fan engagement, and leverage national broadcast partnerships for broader reach.
Churchill Downs Press release: Status update
Churchill Downs issued a press release on August 3, 2026, disclosing material business information to investors.
Horse Racing's Biggest Events Unite in Landmark New “Thoroughbred Championship Series”
Churchill Downs Incorporated and The New York Racing Association Introduce a Six-Race Championship Series, Running Across Three Iconic Racing Venues and Crowning One Champion
Churchill Downs price target lowered to $100 from $110 at BofA
BofA lowered the firm’s price target on Churchill Downs (CHDN) to $100 from $110 and keeps a Buy rating on the shares. While the firm thinks investors are supportive of…
Churchill Downs price target raised to $157 from $155 at Mizuho
Mizuho raised the firm’s price target on Churchill Downs (CHDN) to $157 from $155 and keeps an Outperform rating on the shares.
Churchill Downs price target raised to $124 from $121 at Susquehanna
Susquehanna analyst Joseph Stauff raised the firm’s price target on Churchill Downs (CHDN) to $124 from $121 and keeps a Positive rating on the shares. Besides its solid 2Q print,…
Churchill Downs price target lowered to $137 from $149 at Citizens
Citizens analyst Jordan Bender lowered the firm’s price target on Churchill Downs (CHDN) to $137 from $149 and keeps an Outperform rating on the shares. Churchill Downs delivered a modest…
Churchill Downs Earnings Call Transcript: Q2 2026
Record Q2 revenue and Adjusted EBITDA were driven by a strong Kentucky Derby week, robust HRM and wagering growth, and strategic capital investments. Plans to sell nine regional gaming properties will fund debt reduction, reinvestment, and share repurchases.
Churchill Downs Earnings release: Q2 2026
Churchill Downs released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
Churchill Downs Quarterly report: Q2 2026
Churchill Downs has published its Q2 2026 quarterly earnings report on July 30, 2026.
Churchill Downs to acquire 49% of United Tote from NYRA, terms not disclosed
Churchill Downs (CHDN) announced that it has signed a definitive agreement to acquire 49% of United Tote from NYRA Content Management Solutions, a subsidiary of the New York Racing Association,…
Churchill Downs Incorporated Announces Definitive Agreement to Acquire 49% of United Tote Company from NYRA
LOUISVILLE, Ky., July 29, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” “Company”) announced today that the Company has signed a definitive agreement to acquire 49% of Un...
Churchill Downs reports Q2 adjusted EPS $3.45, consensus $3.43
Reports Q2 revenue $980M, consensus $978.33M. The company said, “Churchill Downs (CHDN) Racetrack ran the 152nd Kentucky Derby with all-time record Derby Week contribution to Adjusted EBITDA.” Publish...
Churchill Downs Incorporated Announces Update on Capital Projects at Churchill Downs Racetrack for 2027 and 2028
Victory Run Construction is Underway Expanded Homestretch Club and Upgraded Seating in the Infield LOUISVILLE, Ky., July 29, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Compan...
Churchill Downs Incorporated Reports 2026 Second Quarter Results
LOUISVILLE, Ky., July 29, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company," "CDI," "we") today reported business results for the quarter ended June 30, 2026.