Churchill Downs Incorporated (CHDN)
| Market Cap | 6.69B -3.2% |
| Revenue (ttm) | 3.00B +4.2% |
| Net Income | 456.00M +12.7% |
| EPS | 6.47 +16.9% |
| Shares Out | 68.55M |
| PE Ratio | 15.10 |
| Forward PE | 13.32 |
| Dividend | $0.47 (0.48%) |
| Ex-Dividend Date | Dec 4, 2026 |
| Volume | 1,177,993 |
| Open | 98.67 |
| Previous Close | 99.01 |
| Day's Range | 96.84 - 99.99 |
| 52-Week Range | 73.09 - 118.35 |
| Beta | 0.77 |
| Analysts | Strong Buy |
| Price Target | 126.83 (+29.88%) |
| 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 $126.83, which is an increase of 29.88% from the latest price.
News
Churchill Downs price target raised to $105 from $100 at BofA
BofA analyst Shaun Kelley raised the firm’s price target on Churchill Downs (CHDN) to $105 from $100 and keeps a Buy rating on the shares after a Q3 beat driven…
Churchill Downs price target raised to $120 from $118 at JPMorgan
JPMorgan raised the firm’s price target on Churchill Downs (CHDN) to $120 from $118 and keeps an Overweight rating on the shares.
Churchill Downs price target lowered to $131 from $132 at Stifel
Stifel analyst Jeffrey Stantial lowered the firm’s price target on Churchill Downs (CHDN) to $131 from $132 and keeps a Buy rating on the shares.
Churchill Downs price target raised to $126 from $125 at Mizuho
Mizuho analyst Ben Chaiken raised the firm’s price target on Churchill Downs (CHDN) to $126 from $125 and keeps an Outperform rating on the shares.
Churchill Downs price target raised to $133 from $132 at Barclays
Barclays raised the firm’s price target on Churchill Downs (CHDN) to $133 from $132 and keeps an Overweight rating on the shares.
Churchill Downs Earnings Call Transcript: Q3 2026
Q3 delivered record revenue and Adjusted EBITDA, with strong Kentucky HRM and gaming results. Asset sales are expected by year-end, supporting deleveraging and investment in the Derby, HRMs, and TwinSpires.
Churchill Downs Earnings release: Q3 2026
Churchill Downs released its Q3 2026 earnings on October 29, 2026, summarizing the period's financial results.
Churchill Downs Quarterly report: Q3 2026
Churchill Downs has published its Q3 2026 quarterly earnings report on October 29, 2026.
Churchill Downs announces new $750M share repurchase program
Churchill Downs (CHDN) announced that its board of directors approved a $750M share repurchase program. The new share repurchase program replaces the prior $500M program that was authorized in July…
Churchill Downs appoints Michael Tucker to board of directors
Churchill Downs (CHDN) announced the appointment of Michael Tucker to the company’s board of directors. Tucker has more than 30 years of investment management experience and currently serves as the…
Churchill Downs reports Q3 adjusted EPS $1.23, consensus $1.10
Reports Q3 revenue $696M, consensus $695.17M. The company said, “Third quarter 2026 revenue increased $10 million due to an $11 million increase from our Kentucky HRM venues and a $1…
Churchill Downs Incorporated Reports 2026 Third Quarter Results
LOUISVILLE, Ky., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company," "CDI," "we") today reported business results for the quarter ended September 30, 2026.
Churchill Downs Incorporated Announces New $750 Million Share Repurchase Program
LOUISVILLE, Ky., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that the Company's Board of Directors approved a $750 million sh...
Churchill Downs Incorporated Appoints Michael Tucker to Board of Directors
LOUISVILLE, Ky., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today the appointment of Michael Tucker to the Company's Board of Dire...
Churchill Downs Incorporated Receives Local Approvals for New HRM Entertainment Venue in Henry County, Virginia
LOUISVILLE, Ky., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the “Company”, “CDI”, “we”) announced today plans to relocate its existing historical racing machine (“H...
Thoroughbred Championship Series Expands to Include Oaks Division for Three-Year-Old Fillies
Churchill Downs Incorporated and The New York Racing Association's 2027 Series to Award More Than $22 Million in Purses and Prizes Churchill Downs Incorporated and The New York Racing Association's 20...
Churchill Downs price target lowered to $132 from $139 at Stifel
Stifel lowered the firm’s price target on Churchill Downs (CHDN) to $132 from $139 and keeps a Buy rating on the shares ahead of the company’s Q3 report scheduled for…
Churchill Downs price target lowered to $115 from $124 at Susquehanna
Susquehanna analyst Joseph Stauff lowered the firm’s price target on Churchill Downs (CHDN) to $115 from $124 and keeps a Positive rating on the shares. The firm noted the company’s…
Churchill Downs price target lowered to $140 from $145 at Truist
Truist lowered the firm’s price target on Churchill Downs (CHDN) to $140 from $145 and keeps a Buy rating on the shares as part of a broader research note updating…
Churchill Downs price target lowered to $118 from $123 at JPMorgan
JPMorgan lowered the firm’s price target on Churchill Downs (CHDN) to $118 from $123 and keeps an Overweight rating on the shares. The firm sees “little to get excited about”…
Churchill Downs price target raised to $119 from $117 at Wells Fargo
Wells Fargo raised the firm’s price target on Churchill Downs (CHDN) to $119 from $117 and keeps an Overweight rating on the shares. All land-based gamers saw stock prices down…
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...