Previous Close | 41.30 |
Open | 41.20 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 40.15 - 41.60 |
52 Week Range | 17.30 - 43.15 |
Volume | 552,219 |
Avg. Volume | 814,737 |
Market Cap | 3.151B |
Beta | 1.00 |
PE Ratio (TTM) | 37.43 |
EPS (TTM) | 1.09 |
Earnings Date | Aug 3, 2017 - Aug 7, 2017 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 39.63 |
LONDON, UK / ACCESSWIRE / April 18, 2018 / Active-Investors.com has just released a free research report on Eldorado Resorts, Inc. (NYSE: ERI) ("Eldorado"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=ERI as the Company's latest news hit the wire. On April 16, 2018, the Company disclosed that it has signed an agreement to acquire Tropicana Entertainment Inc., a majority-owned subsidiary of Icahn Enterprises L.P. (NASDAQ: IEP).
MGM Resorts is likely to receive $162 million from the sale as it only holds 50% stake in the Grand Victoria Casino.
Find out which of these stocks moved on news of its possible acquisition.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Shire, the London-listed rare diseases specialist that is a potential takeover target for Japan's Takeda Pharmaceutical, is selling its oncology business to unlisted French drugmaker Servier for $2.4 billion. ** Pebblebrook Hotel Trust has sweetened its $3 billion-plus offer to buy U.S. peer LaSalle Hotel Properties after the owner of high-end locations including 'W' Los Angeles saw an initial bid rebuffed last month.
Eldorado Resorts, Shire and Dean Foods are the charts of the day
Eldorado Resorts Inc is making bold moves by acquiring new resorts today.
Does the share price for Eldorado Resorts Inc (NASDAQ:ERI) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value using the discounted cash flow (DCF) method. Anyone interestedRead More...
Tropicana Entertainment Inc., which owns the Lumiere Place Casino in downtown St. Louis, has entered into an agreement to be acquired by Eldorado Resorts Inc. in a cash deal valued at $1.85 billion.
LAS VEGAS, April 16, 2018 /PRNewswire/ -- Tropicana Entertainment Inc. (OTCQB: TPCA) ("Tropicana"), a majority owned subsidiary of Icahn Enterprises L.P. (IEP), announced today that it has entered into a definitive agreement to sell Tropicana's real estate to Gaming and Leisure Properties, Inc. (GLPI) and to merge its gaming and hotel operations into Eldorado Resorts, Inc. (ERI), for aggregate consideration of approximately $1.85 billion.
NEW YORK, April 16, 2018-- Icahn Enterprises L.P. announced that its majority-owned subsidiary, Tropicana Entertainment Inc., today entered into a definitive agreement to sell Tropicana’ s real estate ...
Casino operator Eldorado Resorts Inc said on Monday it agreed to buy Tropicana Entertainment Inc in a deal valued at $1.85 billion in cash. Tropicana Entertainment owns and operates eight casinos and resorts ...
Eldorado Resorts, Inc. announced today that it entered into a definitive agreement to acquire Tropicana Entertainment Inc. in a cash transaction that is valued at $1.85 billion.
LAS VEGAS, April 16, 2018 /PRNewswire/ -- MGM Resorts International (the "Company" or "MGM Resorts") (MGM), along with its venture partner, today announced the execution of a definitive agreement to sell the Grand Victoria Casino in Elgin, Illinois, of which a subsidiary of the Company owns a 50% interest, to Eldorado Resorts, Inc. (ERI) for $327.5 million in cash, subject to a working capital adjustment. MGM Resorts will receive its 50 percent share of the net proceeds after certain transaction costs, or approximately $162 million. The Company acquired its 50 percent interest in Grand Victoria Casino in connection with its acquisition of Mandalay Resort Group in 2005.
–Purchase Price of $1.21 Billion With Initial Rent of $110 Million–– Increased Tenant Diversification with Eldorado Resorts, Inc.–– Announced Acquisitions Are Expected to be 8% to 10% Accretive–. WYOMISSING, ...
Eldorado Resorts, Inc. announced today that it entered into a definitive agreement to acquire the Grand Victoria Casino in Elgin, Illinois for $327.5 million in cash.
Eldorado Resorts Inc (NASDAQ:ERI) is trading with a trailing P/E of 29.1x, which is higher than the industry average of 21.3x. Although some investors may jump to the conclusion thatRead More...
WINTER PARK, Fla., March 28, 2018 /PRNewswire/ -- Ruth's Chris Steak House is bringing its timeless American steak house food and signature "sizzle" to downtown Reno later this year. The restaurant will become the signature steakhouse in Silver Legacy Resort Casino, owned by Eldorado Resorts, Inc. (ERI) and the Carano family, as part of Eldorado Resorts' $90 million renovation across its Reno properties. Don Carano, founder of Eldorado Resorts, was known for blending family values with a modern business sense and quickly grew his brand from a single property to become one of the largest regional gaming operators in the country. Ruth's Chris founder, Ruth Fertel, also shared a similar business approach.
Now is also a great time to be buying gambling stocks, as continued domestic strength, a great recovery in Macau, and overall international interest in gaming have led to rising share prices. Check out these casino stocks today!
With the gaming industry showing no signs of reversal in its growth trend, ERI, WYNN, CHDN and LVS are well poised to gain traction in 2018.
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Eldorado Resorts Inc (NASDAQ:ERI) with a market-capitalization of US$2.61B, rarely draw their attention. However, history shows thatRead More...
Eldorado Resorts, Inc. announced today that it entered into definitive agreements to sell substantially all of the assets and liabilities of Presque Isle Downs & Casino in Erie, Pennsylvania and Lady Luck Casino Vicksburg in Vicksburg, Mississippi to Churchill Downs Incorporated .
LOUISVILLE, Ky., Feb. 28, 2018-- Churchill Downs Incorporated today announced that it has entered into two separate definitive purchase agreements to acquire Presque Isle Downs & Casino in Erie, Pennsylvania, ...
Eldorado Resorts Inc (NASDAQ:ERI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
Q4 2017 Eldorado Resorts Inc Earnings Call
Let's check out the Yahoo Finance charts of the day. Eldorado Resorts (ERI): Shares getting a boost in early trade, up around 11.20%. The casino operator is taking over casino operations of Tropicana Entertainment for $1.8 billion. Icahn Enterprises owned a majority of Tropicana. Shire (SHPG): Shares higher at time of taping, up around 1.25%. The drugmaker agreed to sell its cancer treatment business to Servier for $2.4 billion, as Shire says it will focus on its orphan drug treatments. Dean Foods (DF): Shares slipping here, down around 7.97%. Goldman downgraded the dairy products provider to ‘sell’, citing its structural challenges and decreasing milk sales. For more on today's big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.