Churchill Downs Incorporated (CHDN)

NASDAQ: CHDN · IEX Real-Time Price · USD
115.61
-1.76 (-1.50%)
At close: Mar 18, 2024, 4:00 PM
115.04
-0.57 (-0.49%)
After-hours: Mar 18, 2024, 6:26 PM EDT
-1.50%
Market Cap 8.65B
Revenue (ttm) 2.46B
Net Income (ttm) 417.30M
Shares Out 73.68M
EPS (ttm) 5.49
PE Ratio 21.06
Forward PE 19.89
Dividend $0.38 (0.33%)
Ex-Dividend Date Nov 30, 2023
Volume 567,063
Open 117.36
Previous Close 117.37
Day's Range 115.07 - 117.97
52-Week Range 106.45 - 150.45
Beta 1.02
Analysts Strong Buy
Price Target 145.50 (+25.85%)
Earnings Date Apr 24, 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; and casino gaming. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research In... [Read more]

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

Financial Performance

In 2023, CHDN'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 $145.5, which is an increase of 25.85% from the latest price.

Price Target
$145.5
(25.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

EXACTA SYSTEMS® LIVE AT THE BROOK IN SEABROOK, NEW HAMPSHIRE

BOYNTON BEACH, Fla. , March 4, 2024 /PRNewswire/ -- Exacta Systems® ("Exacta") announced today that they have completed the installation of 175 Exacta Connect® powered terminals at The Brook, a casino...

14 days ago - PRNewsWire

Churchill Downs Incorporated Announces Exacta Expansion in New Hampshire

175 Exacta-Technology Driven Terminals Installed at The Brook in Seabrook, New Hampshire 175 Exacta-Technology Driven Terminals Installed at The Brook in Seabrook, New Hampshire

14 days ago - GlobeNewsWire

Churchill Downs Incorporated Announces Development Plans for Owensboro Racing & Gaming

CDI's Seventh Kentucky HRM Entertainment Venue Expected to Open in Early 2025 CDI's Seventh Kentucky HRM Entertainment Venue Expected to Open in Early 2025

26 days ago - GlobeNewsWire

Churchill Downs Incorporated Announces The Rose Gaming Resort to Open with 1,650 HRMs by the end of September 2024

New Northern Virginia HRM Entertainment Venue will Offer 500 More Games than Originally Planned New Northern Virginia HRM Entertainment Venue will Offer 500 More Games than Originally Planned

26 days ago - GlobeNewsWire

Churchill Downs Incorporated Reports 2023 Fourth Quarter and Full Year Results

LOUISVILLE, Ky., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the “Company”, “CDI”) today reported business results for the quarter and full year ended December 31, 2...

26 days ago - GlobeNewsWire

Churchill Downs Incorporated Announces SAP as an Official Signature Partner of the Kentucky Derby

Multi-Year Agreement includes Naming Rights Within Churchill Downs Racetrack  and Use of SAP Technology Solutions LOUISVILLE, Ky. , Feb. 8, 2024 /PRNewswire/ -- Churchill Downs Incorporated (Nasdaq: C...

Other symbols: SAP
5 weeks ago - PRNewsWire

Churchill Downs Incorporated 2023 Fourth Quarter and Full Year Financial Results Conference Call Invitation

LOUISVILLE, Ky., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release fourth quarter and full year 2023 financial resul...

2 months ago - GlobeNewsWire

Churchill Downs Incorporated Announces Multi-Year Naming Rights Partnership Between Churchill Downs Racetrack and Sports Illustrated

LOUISVILLE, Ky., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) announced today a multi-year partnership between Churchill Downs Racetrack (“Churchill Downs”) and Sports Illust...

2 months ago - GlobeNewsWire

Churchill Downs Incorporated Announces Repurchase of One Million Shares for $123.75 per Share

CDI Repurchasing One Million Shares from an Affiliate of The Duchossois Group, Inc. in a Privately Negotiated Transaction CDI Repurchasing One Million Shares from an Affiliate of The Duchossois Group,...

3 months ago - GlobeNewsWire

Churchill Downs Incorporated Opens Derby City Gaming Downtown in Louisville, Kentucky

CDI's Sixth HRM Entertainment Venue in Kentucky Opens 150 Days before the 150th Kentucky Derby CDI's Sixth HRM Entertainment Venue in Kentucky Opens 150 Days before the 150th Kentucky Derby

3 months ago - GlobeNewsWire

Churchill Downs Incorporated Reports 2023 Third Quarter Results

LOUISVILLE, Ky., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI") today reported business results for the third quarter ended September 30, 2023.

5 months ago - GlobeNewsWire

Churchill Downs Incorporated 2023 Third Quarter Financial Results Conference Call Invitation

LOUISVILLE, Ky., Oct. 04, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release third quarter 2023 financial results after the ma...

5 months ago - GlobeNewsWire

Churchill Downs Incorporated Opens Rosie's Gaming Emporium in Emporia, Virginia

EMPORIA, Va., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) (NASDAQ: CHDN) announced today the opening of the newest Rosie's Gaming Emporium in Emporia, Virginia (“Rosie's Em...

6 months ago - GlobeNewsWire

Churchill Downs Incorporated to Open Six Race and Sports Books at Kentucky Properties on September 7

Governor Beshear to Place State's First Sports Wager at Churchill Downs Racetrack on Opening Day at 10 a.m. Governor Beshear to Place State's First Sports Wager at Churchill Downs Racetrack on Opening...

7 months ago - GlobeNewsWire

Churchill Downs Incorporated Completes Acquisition of Exacta Systems

Acquisition of Historical Horse Racing Technology Provider Allows CDI to Realize Immediate Operational Synergies in Virginia Acquisition of Historical Horse Racing Technology Provider Allows CDI to Re...

7 months ago - GlobeNewsWire

Best High-Growth Stocks to Buy

High-growth stocks have been on a roller-coaster ride in recent years, but they remain solid long-term investment options.

7 months ago - Kiplinger

Churchill Downs to Resume Live Racing in September

LOUISVILLE, Ky., July 31, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that Churchill Downs Racetrack (“Churchill Downs” or “the Racetrack”) will resu...

8 months ago - GlobeNewsWire

Churchill Downs to Renovate Jockey Club Suites

$14 Million Project will Debut for the 150th Kentucky Derby in May 2024 $14 Million Project will Debut for the 150th Kentucky Derby in May 2024

8 months ago - GlobeNewsWire

6 Stock Splits to Have on Your Radar

While stock splits mean nothing in terms of the valuation of a company, they can create opportunities for tactical investors.

Other symbols: GCBCMNSTMRBKPANWSMH
8 months ago - Kiplinger

Churchill Downs Incorporated Reports 2023 Second Quarter Results

LOUISVILLE, Ky., July 26, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI") today reported business results for the second quarter ended June 30, 2023.

8 months ago - GlobeNewsWire

Churchill Downs Incorporated 2023 Second Quarter Financial Results Conference Call Invitation

LOUISVILLE, Ky., July 14, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release second quarter 2023 financial results after the m...

8 months ago - GlobeNewsWire

Churchill Downs Announces End of Management Agreement Related to Lady Luck Nemacolin in Pennsylvania

LOUISVILLE, Ky., June 28, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company has not renewed the management agreement for Lady Luck Casino ...

9 months ago - GlobeNewsWire

Churchill Downs Celebrates 150th Kentucky Derby at Royal Ascot

LOUISVILLE, Ky., June 22, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) announced that Churchill Downs Racetrack (“Churchill Downs”) is celebrating its upcoming 150th Kentucky D...

9 months ago - GlobeNewsWire

Churchill Downs Incorporated Announces HRM Entertainment Venue to be Built in Eastern Daviess County, Kentucky

LOUISVILLE, Ky., June 19, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced that the Company has secured a site in eastern Daviess County, outside...

9 months ago - GlobeNewsWire

Churchill Downs Goes Dark In The Wake Of A Dozen Equine Deaths In May

The extraordinary number of deaths in May have led to the closure, which will allow what the track's CEO describes as a 'top to bottom' investigation.

10 months ago - Forbes