Churchill Downs Incorporated (CHDN)
| Market Cap | 6.33B -12.8% |
| Revenue (ttm) | 2.99B +5.7% |
| Net Income | 412.00M -4.2% |
| EPS | 5.88 +1.2% |
| Shares Out | 69.70M |
| PE Ratio | 15.46 |
| Forward PE | 12.63 |
| Dividend | $0.44 (0.48%) |
| Ex-Dividend Date | Dec 5, 2025 |
| Volume | 672,968 |
| Open | 88.99 |
| Previous Close | 88.99 |
| Day's Range | 88.26 - 91.03 |
| 52-Week Range | 79.40 - 118.35 |
| Beta | 0.66 |
| Analysts | Strong Buy |
| Price Target | 131.64 (+44.95%) |
| Earnings Date | Jul 29, 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 11 analysts, the average rating for CHDN stock is "Strong Buy." The 12-month stock price target is $131.64, which is an increase of 44.95% from the latest price.
News
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.
Churchill Downs price target lowered to $120 from $132 at Wells Fargo
Wells Fargo analyst Trey Bowers lowered the firm’s price target on Churchill Downs (CHDN) to $120 from $132 and keeps an Overweight rating on the shares.
Churchill Downs price target lowered to $135 from $138 at Jefferies
Jefferies analyst David Katz lowered the firm’s price target on Churchill Downs (CHDN) to $135 from $138 and keeps a Buy rating on the shares. Land-based gaming remains the most…
Churchill Downs announces Maryland’s intention to acquire Preakness IP rights
Churchill Downs (CHDN) has been notified by the State of Maryland of the State’s intention to exercise rights under Maryland Code Ann. Bus. Reg. Section11-520(d) to acquire the intellectual property,…
Churchill Downs Incorporated 2026 Second Quarter Financial Results Conference Call Invitation
LOUISVILLE, Ky., June 18, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release second quarter 2026 financial results after the m...
Churchill Downs Slides: Investor presentation
Churchill Downs has posted slides in relation to its latest quarterly earnings report, which was published on June 1, 2026.
Churchill Downs Slides: Investor presentation
Churchill Downs has posted slides in relation to its latest quarterly earnings report, which was published on May 18, 2026.
Churchill wagering on Derby impacted by scratches, says Barclays
Barclays says Churchill Downs (CHDN)’ Kentucky Derby wagering results were in-line with guidance, tempered by a decline on the late number of horse scratches. The company’s guidance “should be conside...
Churchill reports Kentucky Derby day wagering $340M vs. $349M last year
Churchill Downs (CHDN) announced yesterday that all-sources handle for Derby week rose to $487M, up $13Mor 3% from 2025. Wagering from all sources on the Kentucky Derby Day program was…
Churchill Downs drops after Kentucky Derby wagering declines from 2025
Churchill Downs (CHDN) shares are down 6%, or $6.23, to $92.42 in late morning trading.
Churchill Downs sees Derby week EBITDA up from 2025, says JPMorgan
JPMorgan says that following the Kentucky Derby on Saturday, Churchill Downs (CHDN) expects Derby week EBITDA to increase by $15M-$18M year-over-year, comparable to its guidance for $15M-$20M. The fir...