NASDAQ:CHDN Churchill Downs (CHDN) Stock Price, News & Analysis → IRS Loophole Gives Americans An Escape From Inflation (From Birch Gold) (Ad) Free CHDN Stock Alerts $121.08 -3.02 (-2.43%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$120.95▼$124.2850-Day Range$111.98▼$124.8552-Week Range$106.45▼$150.45Volume450,700 shsAverage Volume397,285 shsMarket Capitalization$8.92 billionP/E Ratio22.20Dividend Yield0.31%Price Target$143.13 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/Downside18.2% Upside$143.13 Price TargetShort InterestHealthy2.56% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.92Upright™ Environmental ScoreNews Sentiment0.69Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth31.18%From $5.58 to $7.32 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.4.59 out of 5 starsConsumer Discretionary Sector20th out of 259 stocksRacing, Including Track Operation Industry1st out of 1 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 only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.56% 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 5.1.Change versus previous monthShort interest in Churchill Downs has recently decreased by 5.97%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldChurchill Downs has a dividend yield of 0.32%, 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 6.97%. 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 5.19% 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 2.6 News and Social Media Coverage News SentimentChurchill Downs has a news sentiment score of 0.69. 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 is a higher news sentiment than the 0.47 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Churchill Downs this week, compared to 8 articles on an average week.Search InterestOnly 3 people have searched for CHDN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Churchill Downs to their MarketBeat watchlist in the last 30 days. This is a decrease of -81% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Churchill Downs insiders have not sold or bought any 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 31.18% in the coming year, from $5.58 to $7.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Churchill Downs is 22.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Churchill Downs is 22.20, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.95.Price to Book Value per Share RatioChurchill Downs has a P/B Ratio of 10.11. 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 Birch GoldIRS Loophole Gives Americans An Escape From InflationIn the years immediately following 2008-09, as the economy stagnated, gold exploded in value. Today, Goldman Sachs is telling its clients that gold may reach $2,250 within the next few years. Don't miss your chance to diversify your savings.Request your info kit on gold now 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 HeadlinesApril 18, 2024 | americanbankingnews.comChurchill Downs Incorporated (NASDAQ:CHDN) Short Interest UpdateApril 17, 2024 | finance.yahoo.comChurchill Downs (CHDN) Expected to Beat Earnings Estimates: Should You Buy?April 18, 2024 | Birch Gold (Ad)IRS Loophole Gives Americans An Escape From InflationIn the years immediately following 2008-09, as the economy stagnated, gold exploded in value. Today, Goldman Sachs is telling its clients that gold may reach $2,250 within the next few years. Don't miss your chance to diversify your savings.April 17, 2024 | americanbankingnews.comChurchill Downs (CHDN) Set to Announce Earnings on WednesdayApril 16, 2024 | investing.comWells Fargo raises Churchill Downs shares to Overweight ratingApril 16, 2024 | nasdaq.comWells Fargo Upgrades Churchill Downs (CHDN)April 16, 2024 | americanbankingnews.comChurchill Downs (NASDAQ:CHDN) Upgraded to "Overweight" by Wells Fargo & CompanyApril 15, 2024 | msn.comVirginia gaming legislation bullish for Churchill Downs - analystApril 18, 2024 | Birch Gold (Ad)IRS Loophole Gives Americans An Escape From InflationIn the years immediately following 2008-09, as the economy stagnated, gold exploded in value. Today, Goldman Sachs is telling its clients that gold may reach $2,250 within the next few years. Don't miss your chance to diversify your savings.April 12, 2024 | msn.comLet's Talk Derby: Here's how to place a bet at Churchill Downs for the Kentucky DerbyApril 12, 2024 | markets.businessinsider.comBuy Rating Affirmed for Churchill Downs Amid Favorable Legislative ChangesApril 11, 2024 | americanbankingnews.comJMP Securities Reiterates "Market Outperform" Rating for Churchill Downs (NASDAQ:CHDN)April 10, 2024 | markets.businessinsider.comAnalyst Maintains Hold Rating on Churchill Downs Amid Favorable Legislative DevelopmentsApril 10, 2024 | americanbankingnews.comChurchill Downs' (CHDN) Equal Weight Rating Reaffirmed at Wells Fargo & CompanyApril 9, 2024 | markets.businessinsider.comKey Takeaways From Churchill Downs Analyst RatingsApril 9, 2024 | msn.comChurchill Downs 'elevating' fan experience at Derby 150 with brands like Ford and Woodford Reserve. What to expectApril 8, 2024 | finance.yahoo.comChurchill Downs Incorporated Closes on Sale of 49% of United Tote Company to the New York Racing Association, Inc.April 8, 2024 | globenewswire.comChurchill Downs Incorporated Closes on Sale of 49% of United Tote Company to the New York Racing Association, Inc.April 8, 2024 | finance.yahoo.comChurchill Downs Incorporated (NASDAQ:CHDN) is favoured by institutional owners who hold 78% of the companyApril 8, 2024 | bizjournals.comChurchill Downs opens $290 million Terre Haute, Indiana, casinoApril 7, 2024 | msn.comKentucky Derby Hopefuls Tune Up At Churchill Downs, Palm MeadowsApril 5, 2024 | globenewswire.comChurchill Downs Incorporated Opens Terre Haute Casino Resort in Terre Haute, IndianaApril 4, 2024 | msn.comGood luck. Churchill Downs opens its newest casino resort this weekApril 4, 2024 | yahoo.comMartha Stewart, Churchill Downs create Kentucky Derby at Home experience. What's on the menuApril 4, 2024 | msn.comWhat is the Churchill Downs track made of? Here's how they get the right mixApril 3, 2024 | msn.comStable sues Churchill Downs to get Bob Baffert-trained horses into Kentucky Derby 150April 3, 2024 | cbsnews.comChurchill Downs makes to to purchase Pimlico as state weighs takeoverSee 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 Earnings2/21/2024Today4/17/2024Next Earnings (Confirmed)4/24/2024Fiscal 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$143.13 High Stock Price Target$150.00 Low Stock Price Target$138.00 Potential Upside/Downside+18.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$5.45 Trailing P/E Ratio22.20 Forward P/E Ratio21.70 P/E GrowthN/ANet Income$417.30 million Net Margins16.95% Pretax Margin22.82% Return on Equity45.43% Return on Assets5.71% Debt Debt-to-Equity Ratio5.34 Current Ratio0.53 Quick Ratio0.53 Sales & Book Value Annual Sales$2.46 billion Price / Sales3.62 Cash Flow$7.37 per share Price / Cash Flow16.43 Book Value$11.98 per share Price / Book10.11Miscellaneous Outstanding Shares73,689,000Free Float69,909,000Market Cap$8.92 billion OptionableOptionable Beta1.03 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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:TTCSkechers U.S.A.NYSE:SKXSharkNinjaNYSE:SNCaesars EntertainmentNASDAQ:CZRVail ResortsNYSE:MTNView All CompetitorsInstitutional OwnershipGuidance Capital Inc.Bought 284 shares on 4/17/2024Ownership: 0.016%Artemis Investment Management LLPSold 33,109 shares on 4/16/2024Ownership: 0.294%Independence Bank of KentuckyBought 5,464 shares on 4/16/2024Ownership: 0.017%Wealth Enhancement Advisory Services LLCSold 416 shares on 4/16/2024Ownership: 0.006%Sage Investment Advisers LLCSold 1,350 shares on 4/15/2024Ownership: 0.042%View 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 year. 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 equities research analysts have issued 1 year price targets for Churchill Downs' shares. Their CHDN share price targets range from $138.00 to $150.00. On average, they anticipate the company's stock price to reach $143.13 in the next year. This suggests a possible upside of 18.2% 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 on January 1st, 2024. Since then, CHDN shares have decreased by 10.3% and is now trading at $121.08. View the best growth stocks for 2024 here. Are investors shorting Churchill Downs? Churchill Downs saw a decrease in short interest in March. As of March 31st, there was short interest totaling 1,890,000 shares, a decrease of 6.0% from the March 15th total of 2,010,000 shares. Based on an average daily trading volume, of 367,600 shares, the short-interest ratio is presently 5.1 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, April 24th 2024. View our CHDN earnings forecast. How can I listen to Churchill Downs' earnings call? Churchill Downs will be holding an earnings conference call on Thursday, April 25th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Churchill Downs' earnings last quarter? Churchill Downs Incorporated (NASDAQ:CHDN) issued its quarterly earnings results on Wednesday, February, 21st. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.18. The business had revenue of $561.20 million for the quarter, compared to analyst estimates of $553.05 million. Churchill Downs had a trailing twelve-month return on equity of 45.43% and a net margin of 16.95%. The company's quarterly revenue was up 16.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.73 earnings per share. How often does Churchill Downs pay dividends? What is the dividend yield for Churchill Downs? Churchill Downs announced an annual dividend on Thursday, November 30th. Investors of record on Friday, December 1st will be given a dividend of $0.382 per share on Friday, January 5th. This represents a dividend yield of 0.35%. The ex-dividend date is Thursday, November 30th. This is an increase 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 0.32%. 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 6.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHDN will have a dividend payout ratio of 5.19% 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), Fidelity Fundamental Small-Mid Cap ETF (FSMO), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) and ALPS Global Travel Beneficiaries ETF (JRNY). When did Churchill Downs' stock split? Churchill Downs shares split on the morning of Monday, May 22nd 2023. The 2-1 split was announced on Tuesday, April 25th 2023. The newly issued 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 a variety of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.29%), Sage Investment Advisers LLC (0.04%), Independence Bank of Kentucky (0.02%), Guidance Capital Inc. (0.02%), Congress Asset Management Co. MA (0.01%) and Park Avenue Securities LLC (0.01%). Insiders that own company stock include Austin W Miller, Austin W Miller 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. 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