Churchill Downs (CHDN) Projected to Release Quarterly Earnings on Wednesday

Churchill Downs (NASDAQ:CHDN) is expected to be issuing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Churchill Downs to post earnings of $3.45 per share and revenue of $978.2840 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 9:00 AM ET.

Churchill Downs Price Performance

NASDAQ:CHDN opened at $86.50 on Monday. Churchill Downs has a one year low of $80.24 and a one year high of $118.35. The stock has a market cap of $6.03 billion, a PE ratio of 16.02, a P/E/G ratio of 0.56 and a beta of 0.67. The company has a debt-to-equity ratio of 4.44, a quick ratio of 0.54 and a current ratio of 0.54. The stock has a 50 day moving average price of $86.77 and a 200 day moving average price of $91.12.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of Churchill Downs in a research note on Thursday, July 2nd. Truist Financial set a $145.00 price target on shares of Churchill Downs in a research report on Friday, June 12th. Wells Fargo & Company dropped their price objective on shares of Churchill Downs from $132.00 to $120.00 and set an “overweight” rating for the company in a report on Tuesday, July 14th. Citizens Jmp raised their price objective on shares of Churchill Downs from $146.00 to $149.00 and gave the stock a “market outperform” rating in a research report on Friday, April 24th. Finally, Mizuho lifted their target price on shares of Churchill Downs from $146.00 to $155.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Nine investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Churchill Downs presently has an average rating of “Moderate Buy” and a consensus target price of $138.50.

Institutional Trading of Churchill Downs

A number of hedge funds and other institutional investors have recently modified their holdings of CHDN. Invesco Ltd. lifted its holdings in shares of Churchill Downs by 8.0% in the 4th quarter. Invesco Ltd. now owns 169,001 shares of the company’s stock worth $19,229,000 after acquiring an additional 12,539 shares during the last quarter. Corient Private Wealth LLC raised its position in Churchill Downs by 786.6% in the fourth quarter. Corient Private Wealth LLC now owns 56,922 shares of the company’s stock valued at $6,477,000 after purchasing an additional 50,502 shares during the period. Alberta Investment Management Corp acquired a new position in Churchill Downs during the fourth quarter worth $1,525,000. Garton & Associates Financial Advisors LLC acquired a new position in Churchill Downs during the fourth quarter worth $263,000. Finally, VARCOV Co. purchased a new position in shares of Churchill Downs during the fourth quarter worth $277,000. 82.59% of the stock is owned by institutional investors and hedge funds.

Churchill Downs Company Profile

Churchill Downs Incorporated is a leading American entertainment and gaming company best known for operating the Churchill Downs racetrack in Louisville, Kentucky, home of the annual Kentucky Derby. Beyond its signature thoroughbred racing venue, the company manages a diversified portfolio of live racing facilities, casinos, and off-track betting operations. Its services encompass pari-mutuel wagering, historical horse racing machines, and online betting through its TwinSpires platform, reaching horse racing and sports betting enthusiasts nationwide.

In its live racing segment, Churchill Downs oversees a network of racetracks and racing festivals, offering year-round events in multiple states.