NASDAQ:CHDN Churchill Downs (CHDN) Stock Price, News & Analysis → Never use this word on your phone (FBI could be watching) (From Paradigm Press) (Ad) Free CHDN Stock Alerts $134.02 +0.91 (+0.68%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$133.02▼$135.5150-Day Range$111.98▼$134.0252-Week Range$106.45▼$148.61Volume497,871 shsAverage Volume534,842 shsMarket Capitalization$9.85 billionP/E Ratio29.85Dividend Yield0.28%Price Target$144.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Churchill Downs alerts: Email Address Churchill Downs MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside7.8% Upside$144.50 Price TargetShort InterestBearish2.71% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.92Upright™ Environmental ScoreNews Sentiment0.37Based on 55 Articles This WeekInsider TradingAcquiring Shares$494,836 Bought Last QuarterProj. Earnings Growth27.62%From $5.72 to $7.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.61 out of 5 starsConsumer Discretionary Sector139th out of 1,620 stocksRacing, Including Track Operation Industry1st out of 6 stocks 2.5 Analyst's Opinion Consensus RatingChurchill Downs has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageChurchill Downs has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.71% of the outstanding shares of Churchill Downs have been sold short.Short Interest Ratio / Days to CoverChurchill Downs has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Churchill Downs has recently increased by 5.29%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldChurchill Downs has a dividend yield of 0.29%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthChurchill Downs has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Churchill Downs is 8.46%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Churchill Downs will have a dividend payout ratio of 5.21% next year. This indicates that Churchill Downs will be able to sustain or increase its dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreChurchill Downs has received a 21.32% net impact score from Upright. The largest positive contribution comes from its "Meaning & joy" impact, which is mostly driven by its "Horse racing tournaments and events", "Shorts", and "Sweaters" products. See details.Environmental SustainabilityThe Environmental Impact score for Churchill Downs is -2.92. Previous Next 2.4 News and Social Media Coverage News SentimentChurchill Downs has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 55 news articles for Churchill Downs this week, compared to 9 articles on an average week.Search Interest5 people have searched for CHDN on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Churchill Downs to their MarketBeat watchlist in the last 30 days. This is a decrease of -85% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Churchill Downs insiders have bought more of their company's stock than they have sold. Specifically, they have bought $494,836.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.13% of the stock of Churchill Downs is held by insiders.Percentage Held by Institutions82.59% of the stock of Churchill Downs is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Churchill Downs are expected to grow by 27.62% in the coming year, from $5.72 to $7.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Churchill Downs is 29.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Churchill Downs is 29.85, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.39.Price to Earnings Growth RatioChurchill Downs has a PEG Ratio of 3.78. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioChurchill Downs has a P/B Ratio of 11.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressNever use this word on your phone (FBI could be watching)This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...Watch my unredacted video about what I think is coming next right here About Churchill Downs Stock (NASDAQ: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 Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.Read More CHDN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CHDN Stock News HeadlinesMay 2, 2024 | insidertrades.comInsider Buying: Churchill Downs Incorporated (NASDAQ:CHDN) Director Buys 3,800 Shares of StockMay 4, 2024 | globenewswire.comChurchill Downs Incorporated and NBC Sports Extend Historic PartnershipMay 5, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. May 4, 2024 | globenewswire.comMystik Dan Wins the Historic 150th Running of the Kentucky Derby Presented by Woodford ReserveMay 4, 2024 | abcnews.go.comMystik Dan wins the 150th Kentucky Derby at Churchill Downs in a three-horse photo finishMay 4, 2024 | msn.comKentucky Derby to remain on NBC through 2032 in extension with Churchill DownsMay 4, 2024 | msn.comKentucky Derby 2024 live updates: Time, TV, odds, results and more from Churchill DownsMay 4, 2024 | msn.comHow to watch Kentucky Derby 2024 at Churchill Downs: Race time, TV channel, stream, oddsMay 5, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. May 3, 2024 | msn.comFilly Thorpedo Anna goes wire to wire to dominate soggy 150th Kentucky Oaks at Churchill DownsMay 3, 2024 | globenewswire.comThorpedo Anna Claims the Lilies for the 150th Running of the Longines Kentucky OaksMay 3, 2024 | omaha.com2024 Kentucky Derby long shot picks: Dark horse odds, predictions for Churchill Downs on SaturdayMay 3, 2024 | msn.comBob Baffert vs Churchill Downs: A timeline of why the Hall of Fame trainer will miss another Kentucky DerbyMay 3, 2024 | bizjournals.comA look at Churchill Down's Club SI (PHOTOS)May 3, 2024 | finance.yahoo.comChurchill Downs Independent Director Acquires 24% More StockMay 3, 2024 | americanbankingnews.comPaul C. Varga Buys 3,800 Shares of Churchill Downs Incorporated (NASDAQ:CHDN) StockMay 3, 2024 | msn.comSpill At Churchill Downs Sends Two Jockeys To Hospital, Horses Reported To Be OKMay 3, 2024 | msn.comO Besos denies Bango record-setting 12th Churchill Downs victoryMay 3, 2024 | msn.comJockeys Irving Moncada, Emmanuel Giles injured after falling off horses at Churchill DownsMay 2, 2024 | sports.yahoo.comHow to watch Kentucky Oaks 2024 at Churchill Downs: Race time, TV channel, streaming, oddsMay 2, 2024 | sports.yahoo.comSoaking in the London Derby from Churchill DownsMay 2, 2024 | finance.yahoo.comDirector Paul Varga Acquires Shares of Churchill Downs Inc (CHDN)May 2, 2024 | americanbankingnews.comChurchill Downs Incorporated (NASDAQ:CHDN) Sees Large Growth in Short InterestMay 1, 2024 | msn.comReflecting on 150 years of change and tradition at Churchill DownsMay 1, 2024 | yahoo.comFans flock to Churchill Downs for Champions Day during Derby weekMay 1, 2024 | msn.comLouisvillians enjoy less crowded Derby experience at Churchill Downs for 502'sDayMay 1, 2024 | msn.comLIVE: Ansel Williamson being honored by Gov. Andy Beshear at Churchill DownsSee More Headlines Receive CHDN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Churchill Downs and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/24/2024Today5/04/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Racing, including track operation Sub-IndustryCasinos & Gaming Current SymbolNASDAQ:CHDN CUSIP17148410 CIK20212 Webwww.churchilldownsincorporated.com Phone(502) 636-4400Fax502-636-4430Employees7,970Year Founded1875Price Target and Rating Average Stock Price Target$144.50 High Stock Price Target$153.00 Low Stock Price Target$138.00 Potential Upside/Downside+7.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$4.49 Trailing P/E Ratio29.85 Forward P/E Ratio23.43 P/E Growth3.78Net Income$417.30 million Net Margins13.72% Pretax Margin18.24% Return on Equity44.99% Return on Assets5.70% Debt Debt-to-Equity Ratio5.88 Current Ratio0.50 Quick Ratio0.50 Sales & Book Value Annual Sales$2.46 billion Price / Sales4.00 Cash Flow$7.49 per share Price / Cash Flow17.90 Book Value$11.25 per share Price / Book11.91Miscellaneous Outstanding Shares73,500,000Free Float69,734,000Market Cap$9.85 billion OptionableOptionable Beta0.99 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. William C. Carstanjen (Age 56)CEO & Director Comp: $5.16MMr. William E. Mudd (Age 53)President & COO Comp: $3.03MMs. Marcia Ann Dall CPA (Age 60)Executive VP & CFO Comp: $2.1MMr. Bradley K. Blackwell (Age 51)Executive VP, General Counsel & Secretary Comp: $1.55MMs. Maureen Adams (Age 59)Executive Vice President of Gaming Operations Comp: $1.32MJon E. RauchVP & Chief Accounting OfficerMr. Nate SimonSenior VP & CTOKaitlin BuzzettoDirector of Investor RelationsMr. Jason SauerSenior Vice President of Corporate DevelopmentMs. Katherine ArmstrongSenior VP of Human ResourcesMore ExecutivesKey CompetitorsToroNYSE:TTCBJ's Wholesale ClubNYSE:BJSharkNinjaNYSE:SNSkechers U.S.A.NYSE:SKXWynn ResortsNASDAQ:WYNNView All CompetitorsInsiders & InstitutionsCentral Pacific Bank Trust DivisionBought 356 shares on 5/3/2024Ownership: 0.000%Mutual of America Capital Management LLCSold 692 shares on 5/2/2024Ownership: 0.055%Greenwood Capital Associates LLCSold 152 shares on 5/2/2024Ownership: 0.013%FORA Capital LLCBought 2,042 shares on 5/2/2024Ownership: 0.013%Consolidated Planning CorpBought 1,164 shares on 5/2/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions CHDN Stock Analysis - Frequently Asked Questions Should I buy or sell Churchill Downs stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CHDN shares. View CHDN analyst ratings or view top-rated stocks. What is Churchill Downs' stock price target for 2024? 8 Wall Street research analysts have issued 12 month price objectives for Churchill Downs' shares. Their CHDN share price targets range from $138.00 to $153.00. On average, they expect the company's share price to reach $144.50 in the next year. This suggests a possible upside of 7.8% from the stock's current price. View analysts price targets for CHDN or view top-rated stocks among Wall Street analysts. How have CHDN shares performed in 2024? Churchill Downs' stock was trading at $134.93 at the start of the year. Since then, CHDN shares have decreased by 0.7% and is now trading at $134.02. View the best growth stocks for 2024 here. Are investors shorting Churchill Downs? Churchill Downs saw a increase in short interest in April. As of April 15th, there was short interest totaling 1,990,000 shares, an increase of 5.3% from the March 31st total of 1,890,000 shares. Based on an average daily volume of 399,600 shares, the days-to-cover ratio is presently 5.0 days. View Churchill Downs' Short Interest. When is Churchill Downs' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our CHDN earnings forecast. How were Churchill Downs' earnings last quarter? Churchill Downs Incorporated (NASDAQ:CHDN) issued its quarterly earnings results on Wednesday, April, 24th. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.35. The company earned $590.90 million during the quarter, compared to the consensus estimate of $565.41 million. Churchill Downs had a net margin of 13.72% and a trailing twelve-month return on equity of 44.99%. The company's revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the business earned $0.98 earnings per share. How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs? Churchill Downs declared an annual dividend on Thursday, November 30th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.382 per share on Friday, January 5th. This represents a dividend yield of 0.35%. The ex-dividend date of this dividend is Thursday, November 30th. This is a positive change from the stock's previous annual dividend of $0.36. Read our dividend analysis for CHDN. Is Churchill Downs a good dividend stock? Churchill Downs (NASDAQ:CHDN) pays an annual dividend of $0.38 per share and currently has a dividend yield of 0.29%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 8.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHDN will have a dividend payout ratio of 5.21% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CHDN. What ETFs hold Churchill Downs' stock? ETFs with the largest weight of Churchill Downs (NASDAQ:CHDN) stock in their portfolio include Roundhill Sports Betting & iGaming ETF (BETZ), VanEck Gaming ETF (BJK), B.A.D. Etf (BAD), Corbett Road Tactical Opportunity ETFNew (OPPX), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), Fidelity Fundamental Small-Mid Cap ETF (FSMO) and ALPS Global Travel Beneficiaries ETF (JRNY). When did Churchill Downs' stock split? Churchill Downs shares split before market open on Monday, May 22nd 2023. The 2-1 split was announced on Tuesday, April 25th 2023. The newly created shares were issued to shareholders after the market closes on Friday, May 19th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. What is Bill Carstanjen's approval rating as Churchill Downs' CEO? 16 employees have rated Churchill Downs Chief Executive Officer Bill Carstanjen on Glassdoor.com. Bill Carstanjen has an approval rating of 100% among the company's employees. This puts Bill Carstanjen in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 51.0% of employees surveyed would recommend working at Churchill Downs to a friend. What other stocks do shareholders of Churchill Downs own? Based on aggregate information from My MarketBeat watchlists, some companies that other Churchill Downs investors own include NVIDIA (NVDA), Marvell Technology (MRVL), Alibaba Group (BABA), Intuitive Surgical (ISRG), Block (SQ), Baidu (BIDU), JD.com (JD), Boeing (BA), CRISPR Therapeutics (CRSP) and Teladoc Health (TDOC). Who are Churchill Downs' major shareholders? Churchill Downs' stock is owned by many different institutional and retail investors. Top institutional investors include Jennison Associates LLC (1.15%), Stock Yards Bank & Trust Co. (0.37%), Principal Financial Group Inc. (0.35%), Artemis Investment Management LLP (0.29%), Retirement Systems of Alabama (0.24%) and Sapient Capital LLC (0.11%). Insiders that own company stock include Austin W Miller, Paul C Varga and William E Mudd. View institutional ownership trends. How do I buy shares of Churchill Downs? Shares of CHDN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:CHDN) was last updated on 5/5/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyThe asset beating inflation by 4xColonial MetalsAutomatic Income (from home)Awesomely, LLCCould Your Accounts Be Frozen?Allegiance GoldExposed: 10 CENT Crypto to Explode April 20th?True Market InsidersThe only AI company you should be looking atBehind the MarketsThe A.I. story nobody is telling you (Read ASAP)TradeSmithHave You Seen Elon’s New A.I. Device? (Picture Inside)InvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Churchill Downs Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. 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