Churchill Downs Incorporated (CHDN)

NASDAQ: CHDN · IEX Real-Time Price · USD
184.15
-0.78 (-0.42%)
Sep 30, 2022 4:00 PM EDT - Market closed
-0.42%
Market Cap 6.94B
Revenue (ttm) 1.70B
Net Income (ttm) 486.10M
Shares Out 37.70M
EPS (ttm) 12.54
PE Ratio 14.69
Forward PE n/a
Dividend $0.67 (0.36%)
Ex-Dividend Date n/a
Volume 154,609
Open 183.74
Previous Close 184.93
Day's Range 181.15 - 188.27
52-Week Range 172.75 - 262.20
Beta 1.11
Analysts Buy
Price Target 276.83 (+50.3%)
Earnings Date Oct 25, 2022

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. As of December 31, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; nine retail sportsbooks; and casino gaming in eight states with approximately 11,000 s... [Read more...]

Industry Hotels, Restaurants & Leisure
Founded 1928
CEO William Carstanjen
Employees 3,800
Stock Exchange NASDAQ
Ticker Symbol CHDN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CHDN stock is "Buy." The 12-month stock price forecast is 276.83, which is an increase of 50.33% from the latest price.

Price Target
$276.83
(50.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ford Unveils New Super Duty At Churchill Downs On KenTRUCKy Day

Ford's made a lot of promises, to invest billions in Kentucky to make EVs. But for now, the state is celebrating the automaker's Kentucky Truck Plant in Louisville.

Other symbols: F
1 day ago - Forbes

Churchill Downs Incorporated Completes Acquisition of Ellis Park in Henderson, Kentucky

LOUISVILLE, Ky., Sept. 26, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that the Company has completed its previously-announced purchase ...

5 days ago - GlobeNewsWire

Churchill Downs Incorporated Enters Definitive Agreement to Acquire Ellis Park in Henderson, Kentucky

Acquisition of Historic Thoroughbred Racetrack Affords CDI the Opportunity to Construct Gaming and Entertainment Venue in Owensboro, Kentucky Acquisition of Historic Thoroughbred Racetrack Affords CDI t...

2 weeks ago - GlobeNewsWire

FanDuel becomes Kentucky Derby sponsor in Churchill Downs alliance

Churchill Downs Inc. CHDN, +3.61% said Thursday it inked a multi-year sports betting pact with FanDuel Group to broadcast its races on FanDuel's TV and internet properties. It also includes FanDuel non-...

3 weeks ago - Market Watch

Churchill Downs Incorporated Enters into Multi-Year Agreement with FanDuel

Agreement Includes Wagering Rights to Horse Racing Content, Totalizator Services, Certain Television and Media Rights and a Kentucky Derby Sponsorship

3 weeks ago - GlobeNewsWire

Churchill Downs Incorporated Completes Acquisition of Chasers Poker Room in Salem, New Hampshire

Acquisition of New Hampshire's Leading Charitable Gaming Operation Paves Way for CDI to Expand its Historical Horse Racing Operations into a Fourth State Acquisition of New Hampshire's Leading Charitabl...

3 weeks ago - GlobeNewsWire

Churchill Downs (CHDN) Tops Q2 Earnings Estimates

Churchill Downs (CHDN) delivered earnings and revenue surprises of 1.83% and 0.45%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Churchill Downs Incorporated Reports 2022 Second Quarter Results

LOUISVILLE, Ky., July 27, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company") today reported business results for the second quarter ended June 30, 2022.

2 months ago - GlobeNewsWire

3 Reasons Why Churchill Downs (CHDN) Is a Great Growth Stock

Churchill Downs (CHDN) possesses solid growth attributes, which could help it handily outperform the market.

2 months ago - Zacks Investment Research

Wall Street Analysts Believe Churchill Downs (CHDN) Could Rally 33%: Here's is How to Trade

The consensus price target hints at a 32.7% upside potential for Churchill Downs (CHDN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings est...

2 months ago - Zacks Investment Research

Churchill Downs (CHDN) Reports Next Week: Wall Street Expects Earnings Growth

Churchill Downs (CHDN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

3 Best Casino Stocks to Buy Now

The best casino stocks to buy could be the entire lot right now. Inflation has scared away investors.

Other symbols: CZRMCRI
2 months ago - InvestorPlace

Churchill Downs Incorporated 2022 Second Quarter Financial Results Conference Call Invitation

LOUISVILLE, Ky., July 06, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release second quarter 2022 financial results after the mar...

2 months ago - GlobeNewsWire

Churchill Downs Incorporated Closes on Sale of 115.7 Acres of Land by Calder Casino for $291 Million

LOUISVILLE, Ky., June 17, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “Company”) (Nasdaq: CHDN) announced today that it closed on the sale of 115.7 acres of excess land near Calder C...

3 months ago - GlobeNewsWire

Rich Strike Wins the 148th Running of the Kentucky Derby Presented by Woodford Reserve at 80-1 Odds

LOUISVILLE, Ky., May 07, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today that an exuberant crowd of 147,294 Derby fans at Churchill Downs Racetrack (“Churchi...

4 months ago - GlobeNewsWire

Churchill Downs CEO on what to expect for Kentucky Derby 2022 and beyond

Churchill Downs, Inc. CEO William Carstanjen provides insight into what he anticipates surrounding this year's run for the roses and future plans for the company's iconic racetrack.

4 months ago - Fox Business

148th Longines Kentucky Oaks Sets Record Handle as Secret Oath Claims the Lilies

LOUISVILLE, Ky., May 06, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today a new handle record for the Longines Kentucky Oaks (Grade 1) at Churchill Downs Race...

4 months ago - GlobeNewsWire

Kentucky Derby owner Churchill Downs moves away from online gambling, doubles down on horse betting

Churchill Downs says it is switching its strategy because online sports betting became too costly.

4 months ago - CNBC

Gabelli Funds to Host 14th Annual Entertainment & Broadcasting Symposium Thursday, June 2, 2022

RYE, N.Y.--(BUSINESS WIRE)--Gabelli Funds will host its 14th Annual Entertainment & Broadcasting Symposium at the Harvard Club in New York City on Thursday, June 2, 2022. The symposium will feature disc...

4 months ago - Business Wire

Churchill Downs (CHDN) Tops Q1 Earnings and Revenue Estimates

Churchill Downs (CHDN) delivered earnings and revenue surprises of 4.42% and 5.53%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Churchill Downs Incorporated to Transform the Churchill Downs Racetrack Paddock

$185 - $200 Million Project to Debut for the 150th Kentucky Derby in May 2024 $185 - $200 Million Project to Debut for the 150th Kentucky Derby in May 2024

5 months ago - GlobeNewsWire

Churchill Downs Incorporated Reports 2022 First Quarter Results

LOUISVILLE, Ky., April 27, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "we", "us", "our") today reported business results for the first quarter ended March 31, 2...

5 months ago - GlobeNewsWire

Churchill Downs (CHDN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Churchill Downs (CHDN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

Churchill Downs Incorporated Announces Closing of a $1,200 Million Senior Secured Revolver due 2027, $800 Million Sen...

LOUISVILLE, Ky., April 13, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) today announced that CDI successfully closed an amendment of its senior secured c...

5 months ago - GlobeNewsWire

Churchill Downs Incorporated 2022 First Quarter Financial Results Conference Call Invitation

LOUISVILLE, Ky., April 07, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release first quarter 2022 financial results after the mar...

5 months ago - GlobeNewsWire