Churchill Downs Incorporated (CHDN)

NASDAQ: CHDN · Real-Time Price · USD
139.01
+2.44 (1.79%)
Oct 8, 2024, 2:39 PM EDT - Market open
1.79%
Market Cap 10.21B
Revenue (ttm) 2.62B
Net Income (ttm) 407.50M
Shares Out 73.42M
EPS (ttm) 5.43
PE Ratio 25.51
Forward PE 20.20
Dividend $0.38 (0.28%)
Ex-Dividend Date Nov 30, 2023
Volume 293,304
Open 136.00
Previous Close 136.57
Day's Range 135.97 - 140.44
52-Week Range 106.45 - 146.64
Beta 0.96
Analysts Strong Buy
Price Target 157.30 (+13.16%)
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 Resort. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides... [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 10 analysts, the average rating for CHDN stock is "Strong Buy." The 12-month stock price forecast is $157.3, which is an increase of 13.16% from the latest price.

Price Target
$157.3
(13.16% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

17 days 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...

5 weeks 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.

2 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...

2 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.

2 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

2 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.

2 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 ...

3 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
3 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...

3 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...

3 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...

4 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...

4 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...

5 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...

5 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...

5 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 ...

5 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...

5 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.

5 months ago - GlobeNewsWire

Churchill Downs Incorporated Closes on Sale of 49% of United Tote Company to the New York Racing Association, Inc.

LOUISVILLE, Ky., April 08, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today that the Company closed on the sale of 49% of United Tote Compa...

6 months ago - GlobeNewsWire

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

Casino Floor and Food & Beverage Amenities Open to the Public 122-Room Luxury Hotel to Open May 15 LOUISVILLE, Ky., April 05, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Compa...

6 months ago - GlobeNewsWire

Churchill Downs Incorporated 2024 First Quarter Financial Results Conference Call Invitation

LOUISVILLE, Ky., March 28, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release first quarter 2024 financial results after the m...

6 months ago - GlobeNewsWire

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...

7 months 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

7 months 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

8 months ago - GlobeNewsWire