NASDAQ:CHDN Churchill Downs (CHDN) Stock Price, News & Analysis → Your Money is Not Safe (From American Alternative) (Ad) Free CHDN Stock Alerts $123.75 -0.53 (-0.43%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$122.48▼$126.4350-Day Range$111.98▼$125.1652-Week Range$106.45▼$150.45Volume569,979 shsAverage Volume491,257 shsMarket Capitalization$9.12 billionP/E Ratio22.69Dividend Yield0.31%Price Target$142.63 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 RatingModerate Buy2.88 Rating ScoreUpside/Downside15.3% Upside$142.63 Price TargetShort InterestHealthy2.73% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.92Upright™ Environmental ScoreNews Sentiment0.47Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth30.15%From $5.44 to $7.08 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.4.70 out of 5 starsConsumer Discretionary Sector19th out of 273 stocksRacing, Including Track Operation Industry1st out of 2 stocks 2.4 Analyst's Opinion Consensus RatingChurchill Downs has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $142.63, Churchill Downs has a forecasted upside of 15.3% from its current price of $123.75.Amount of Analyst CoverageChurchill Downs has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.73% 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 6.Change versus previous monthShort interest in Churchill Downs has recently decreased by 1.95%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend YieldChurchill Downs has a dividend yield of 0.31%, 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 5.37% 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 3.0 News and Social Media Coverage News SentimentChurchill Downs has a news sentiment score of 0.47. 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 lower news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Churchill Downs this week, compared to 8 articles on an average week.Search Interest3 people have searched for CHDN on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows16 people have added Churchill Downs to their MarketBeat watchlist in the last 30 days. This is an increase of 1,500% 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 30.15% in the coming year, from $5.44 to $7.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Churchill Downs is 22.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Churchill Downs is 22.69, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.88.Price to Book Value per Share RatioChurchill Downs has a P/B Ratio of 10.33. 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 American AlternativeYour Money is Not SafeBiden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…CLICK HERE TO GET YOUR GUIDE 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 HeadlinesMarch 8, 2024 | marketbeat.comHow to Invest in Casino Stocks: Pros and Cons and MoreReady to invest in the heady world of casino stocks? Learn how to invest in casino stocks and “Sin City” with MarketBeat.March 8, 2024 | marketbeat.comHow to Invest in Casino Stocks: Pros and Cons and More (CHDN)Ready to invest in the heady world of casino stocks? Learn how to invest in casino stocks and “Sin City” with MarketBeat.March 29, 2024 | American Alternative (Ad)Your Money is Not SafeBiden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…March 28, 2024 | globenewswire.comChurchill Downs Incorporated 2024 First Quarter Financial Results Conference Call InvitationMarch 28, 2024 | msn.comChurchill Downs releases style guide to get people dressed for Derby DayMarch 27, 2024 | americanbankingnews.comChurchill Downs (NASDAQ:CHDN) Now Covered by Analysts at MizuhoMarch 26, 2024 | msn.comChurchill Downs, Boyd Gaming and Cedar Fair are top gaming and leisure picks at MizuhoMarch 26, 2024 | americanbankingnews.comChurchill Downs Incorporated (NASDAQ:CHDN) Receives Consensus Recommendation of "Moderate Buy" from AnalystsMarch 29, 2024 | American Alternative (Ad)Your Money is Not SafeBiden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…March 25, 2024 | finance.yahoo.comSome Investors May Be Worried About Churchill Downs' (NASDAQ:CHDN) Returns On CapitalMarch 24, 2024 | msn.comChurchill Downs hosts Derby-sized job fairMarch 22, 2024 | msn.comChurchill Downs holds annual job fair ahead of Kentucky Derby 150March 21, 2024 | msn.comChurchill Downs launches style guide, announces featured milliners for Kentucky Derby 150March 20, 2024 | msn.comHundreds of positions available at Churchill Downs' Kentucky Derby job fairMarch 20, 2024 | msn.com'The Derby Dozen': With racing deaths in mind, what to know as horses return to ChurchillMarch 19, 2024 | yahoo.comSEE IT: Churchill Downs changes grandstand sign for milestone 150th Kentucky DerbyMarch 19, 2024 | msn.comChurchill Downs renovations almost complete weeks before Derby 150March 19, 2024 | msn.comPREVIEW: Churchill Downs gives look at 'reimagined' paddock ahead of Derby 150March 17, 2024 | msn.comEverything To Know About The Churchill Heavy Armor TankMarch 16, 2024 | finance.yahoo.comCHDN Apr 2024 110.000 callMarch 16, 2024 | finance.yahoo.comCHDN Apr 2024 105.000 putMarch 16, 2024 | ca.finance.yahoo.comCHDN Apr 2024 120.000 putMarch 14, 2024 | yahoo.comHeading to Kentucky Derby 150? Here's what's on the official Churchill Downs menuMarch 13, 2024 | bizjournals.comSports Illustrated to host Revel at the Races on Oaks nightMarch 11, 2024 | markets.businessinsider.comBeyond The Numbers: 4 Analysts Discuss Churchill Downs StockMarch 11, 2024 | markets.businessinsider.comPositive Report for Churchill Downs (CHDN) from JMP SecuritiesMarch 10, 2024 | finance.yahoo.comIs Churchill Downs Incorporated's (NASDAQ:CHDN) ROE Of 47% Impressive?See 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 Ex-Dividend for 1/5 Dividend11/30/2023Dividend Payable1/05/2024Last Earnings2/21/2024Today3/29/2024Next Earnings (Estimated)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$142.63 High Stock Price Target$150.00 Low Stock Price Target$137.00 Potential Upside/Downside+15.3%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$5.4550 Trailing P/E Ratio22.69 Forward P/E Ratio22.75 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 / Sales3.70 Cash Flow$7.62 per share Price / Cash Flow16.24 Book Value$11.98 per share Price / Book10.33Miscellaneous Outstanding Shares73,690,000Free Float69,909,000Market Cap$9.12 billion OptionableOptionable Beta1.03 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. William C. Carstanjen (Age 56)CEO & Director Comp: $5.55MMr. William E. Mudd (Age 53)President & COO Comp: $3.23MMs. Marcia Ann Dall CPA (Age 60)Executive VP & CFO Comp: $2.28MMr. Bradley K. Blackwell (Age 51)Executive VP, General Counsel & Secretary Comp: $1.39MMs. Maureen Adams (Age 59)Executive Vice President of Gaming Operations Comp: $1.26MJon 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 CompetitorsPearsonNYSE:PSOWillScot Mobile MiniNASDAQ:WSCBirkenstockNYSE:BIRKSkechers U.S.A.NYSE:SKXNorwegian Cruise LineNYSE:NCLHView All CompetitorsInstitutional OwnershipPNC Financial Services Group Inc.Sold 5,359 shares on 3/22/2024Ownership: 0.153%Vanguard Group Inc.Bought 37,065 shares on 3/11/2024Ownership: 9.129%Greenwood Capital Associates LLCSold 333 shares on 3/5/2024Ownership: 0.013%Congress Asset Management Co. MASold 3,294 shares on 3/4/2024Ownership: 0.033%Goldman Sachs Group Inc.Bought 9,354 shares on 3/1/2024Ownership: 0.205%View All Institutional Transactions CHDN Stock Analysis - Frequently Asked Questions Should I buy or sell Churchill Downs stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Churchill Downs in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CHDN shares. View CHDN analyst ratings or view top-rated stocks. What is Churchill Downs' stock price target for 2024? 8 analysts have issued 12 month price targets for Churchill Downs' shares. Their CHDN share price targets range from $137.00 to $150.00. On average, they predict the company's stock price to reach $142.63 in the next twelve months. This suggests a possible upside of 15.3% 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 8.3% and is now trading at $123.75. View the best growth stocks for 2024 here. 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 were Churchill Downs' earnings last quarter? Churchill Downs Incorporated (NASDAQ:CHDN) announced its quarterly earnings results on Wednesday, February, 21st. The company reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.18. The company earned $561.20 million during the quarter, compared to analysts' expectations 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 business's revenue was up 16.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $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 paid a dividend of $0.382 per share on Friday, January 5th. This represents a yield of 0.35%. The ex-dividend date 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 0.31%. 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 5.37% 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), Invesco Leisure and Entertainment ETF (PEJ), B.A.D. Etf (BAD), Corbett Road Tactical Opportunity ETFNew (OPPX), 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 before market open on Monday, May 22nd 2023. The 2-1 split was announced on Tuesday, April 25th 2023. The newly created shares were payable 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 shareholders include Capital Research Global Investors (9.13%), Vanguard Group Inc. (9.02%), Vanguard Group Inc. (9.13%), Capital International Investors (3.19%), Schroder Investment Management Group (2.27%) and Boston Partners (1.09%). 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. This page (NASDAQ:CHDN) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeYour Money is Not SafeAmerican AlternativeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaOnly a fool would buy Nvidia today… Porter & CompanyThe ONE AI Sock to own now. (It’s not Nvidia.)Weiss RatingsForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press 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. 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