Flutter Entertainment plc (FLUT)
Market Cap | 49.50B |
Revenue (ttm) | 13.57B |
Net Income (ttm) | -950.00M |
Shares Out | 178.04M |
EPS (ttm) | -5.37 |
PE Ratio | n/a |
Forward PE | 33.75 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,358,136 |
Open | 282.70 |
Previous Close | 282.64 |
Day's Range | 272.61 - 282.70 |
52-Week Range | 158.43 - 282.72 |
Beta | 1.26 |
Analysts | Strong Buy |
Price Target | 298.69 (+7.44%) |
Earnings Date | n/a |
About FLUT
Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting. In addition, it provides online poker, casino, and rummy. Further, it provides sports... [Read more]
Financial Performance
In 2023, Flutter Entertainment's revenue was $11.79 billion, an increase of 24.59% compared to the previous year's $9.46 billion. Losses were -$1.22 billion, 182.9% more than in 2022.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for FLUT stock is "Strong Buy." The 12-month stock price forecast is $298.69, which is an increase of 7.44% from the latest price.
News
Big-name investors bought FanDuel owner Flutter Entertainment, filings show
High-profile investors including Dan Loeb have flocked to Flutter Entertainment, the Irish gambling company that is the main owner of FanDuel and moved its primary listing to the U.S. in May.
Evolution Group Announces Partnership Extension with FanDuel Casino
PHILADELPHIA , Nov. 14, 2024 /PRNewswire/ -- Evolution, the industry-leading B2B solution provider for casino operators, today announced a three-year extension of their US agreement with FanDuel Casin...
FanDuel Parent Flutter Stock Hits All-Time High on Strong NFL Betting
Shares of Flutter Entertainment (FLUT) traded at an all-time high Wednesday as the parent of sports gambling site FanDuel beat revenue estimates and boosted its guidance as it benefited from demand fo...
Flutter Entertainment PLC Announces Launch of Share Buyback Program
Flutter Entertainment announces launch of first tranche of share repurchase program DUBLIN, IRELAND AND TORONTO, ON / ACCESSWIRE / November 13, 2024 / Flutter Entertainment (NYSE:FLUT)(LSE:FLTR), the ...
Flutter Entertainment plc (FLUT) Q3 2024 Earnings Call Transcript
Flutter Entertainment plc (NYSE:FLUT) Q3 2024 Earnings Call Transcript November 12, 2024 4:30 PM ET Company Participants Paul Tymms - Director of IR Peter Jackson - CEO Rob Coldrake - CFO Conference ...
Flutter Entertainment PLC Announces Q3 2024 Financial Results
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED UNDER ASSIMILATED REGULATION (EU) NO. 596/2014 WHICH IS PART OF THE LAWS OF THE UNITED KINGDOM BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT...
FanDuel Co-Founders Launch Crypto Casino and Sportsbook Company, BetHog, and Secure $6M Seed Round
NEW YORK--(BUSINESS WIRE)-- #BetHog--FanDuel Co-founders Launch Crypto Casino and Sportsbook Company, BetHog, and Secure $6M Seed Round.
Flutter: Recent Headwinds Gone, Tailwinds Prevail As Stock Recovers From September Lows
FLUT has all the earmarks of the first blue-chip stock in the sports betting sector. No, it's not Coke, but it checks many boxes. Recent headwinds are diminished, with no others in sight. Its multi-br...
3 Reasons To Bet On Flutter's 'License To Print Money'
FLUT's strong revenue growth, driven by FanDuel and expanding markets, positions it for continued top-line expansion, potentially reaching $20 billion by FY 2028. Operational improvements and margin e...
Flutter Entertainment PLC Announces Notice of Q3 Earnings Release
Flutter Entertainment to Report Third Quarter 2024 Financial Results and Host a Conference Call on November 12, 2024 DUBLIN, IRELAND and TORONTO, ON / ACCESSWIRE / October 25, 2024 / Flutter Entertain...
Casino And Sports Betting Stocks Are Due For Positive Sentiment Due To Macro Growth
The sector is undervalued because the market is yet to recognize its long-term growth prospects. Overall, this basket portfolio is poised to gain strongly as Q4 events unfold with strong earnings prof...
DIAMOND SPORTS GROUP AND FANDUEL ANNOUNCE BROAD COMMERCIAL PARTNERSHIP
Bally Sports Will Become FanDuel Sports Network on October 21 SOUTHPORT, Conn. and NEW YORK , Oct. 18, 2024 /PRNewswire/ -- Diamond Sports Group ("Diamond") and FanDuel, North America's premier online...
Diamond Sports Group and FanDuel Announce Broad Commercial Partnership
SOUTHPORT, Conn. & NEW YORK--(BUSINESS WIRE)--Diamond Sports Group (“Diamond”) and FanDuel, North America's premier online gaming company, today announced an agreement on a broad, long-term commercial...
Diamond Sports, FanDuel reach naming rights agreement for regional sports networks
Diamond Sports and FanDuel have reached a naming rights agreement for Diamond Sports' regional sports networks. The agreement will start with the 2024 NHL and NBA seasons and will be long-term, pendin...
FanDuel Sportsbook Is the 2024 American Gambling Awards Online Sportsbook of the Year
CHARLOTTE, N.C.--(BUSINESS WIRE)--The American Gambling Awards today announced FanDuel, North America's premier online gaming company, has been named Online Sportsbook of the Year for the 2024 America...
FanDuel Tips Off the NBA Season with Three Months of NBA League Pass Promotion
FanDuel odds now available on NBA League Pass as part of opt-in viewing experience NEW YORK , Oct. 15, 2024 /PRNewswire/ -- FanDuel, North America's premier online gaming company and an Official Sport...
FLUT Rallies, Will Fight DKNG For Gaming Crown
Flutter (FLUT) rallied on Monday after getting multiple price target hikes from analysts. The FanDuel owner sold off Friday after United Kingdom ministers reportedly considered a tax raid on gambling ...
6 Top Stocks For Gaming, Casinos, Sports Betting: Analyst Says This Company's Estimates Will 'Prove Conservative'
The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said.
AAPL Bull Note, BA Cuts Workforce, CAT Downgrade & FLUT Upgrade
Evercore ISI believes Apple (AAPL) is "well positioned to outperform against low expectations" thanks to bearish sentiment. Boeing (BA) announced it will cut 10% of its workforce as factory workers st...
U.K. Gambling Stocks Fall on Reports of New Industry Taxes
Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.
Hard Rock Cafe CEO says he is open to partnership with commercial gambling operators in Florida
CNBC's Contessa Brewer joins 'Closing Bell' to discuss her conversation with Hard Rock CEO Jim Allen, where he said he's open to considering competitors for future partnerships.
Hard Rock chairman opens the door to a FanDuel or DraftKings partnership in Florida
Florida's sports betting market may be about to get a lot more interesting, with Hard Rock's chairman opening the door to partnerships with commercial sportsbooks. Hard Rock has the monopoly on sports...
FanDuel CEO Amy Howe on maintaining market share and the changing media landscape
Amy Howe, FanDuel CEO, joins CNBC's 'Power Lunch' to discuss FanDuel's continued expansion, how it is adapting to the changing media landscape, and more.
FanDuel Donates $175,000 to Four Local Organizations to Support Hurricane Recovery Efforts in Georgia
ATLANTA , Oct. 3, 2024 /PRNewswire/ -- FanDuel, the premier online gaming company in North America, today announced a $175,000 donation to four Georgia organizations, Greater Valdosta United Way (GVUW...
FanDuel Donates $1 Million to UNCF to Support Students from North Carolina HBCUs
Donation comes after this year's launch of mobile sports betting in the state and marks the fourth $1 million FanDuel donation to UNCF NEW YORK , Oct. 1, 2024 /PRNewswire/ -- FanDuel, the premier onli...