ERI - Eldorado Resorts, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
47.44
-0.23 (-0.48%)
At close: 4:00PM EDT
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Previous Close47.67
Open47.64
Bid0.00 x 800
Ask0.00 x 800
Day's Range46.46 - 48.78
52 Week Range23.95 - 50.64
Volume1,048,127
Avg. Volume1,177,287
Market Cap3.669B
Beta (3Y Monthly)1.30
PE Ratio (TTM)20.98
EPS (TTM)2.26
Earnings DateAug 3, 2017 - Aug 7, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est55.00
Trade prices are not sourced from all markets
  • St. Louis casino operations, real estate change hands
    American City Business Journals2 days ago

    St. Louis casino operations, real estate change hands

    Recent transactions have put two St. Louis-area casinos in different hands and brought ownership of the real estate underlying all but one of the regional gaming facilities under a single company.

  • GlobeNewswire6 days ago

    Report: Exploring Fundamental Drivers Behind Arrow Electronics, Gray Television, Forum Energy Technologies, Eldorado Resorts, Hudson Pacific Properties, and Lumber Liquidators — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, Oct. 12, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • BYD vs. ERI: Which Stock Should Value Investors Buy Now?
    Zacks8 days ago

    BYD vs. ERI: Which Stock Should Value Investors Buy Now?

    BYD vs. ERI: Which Stock Is the Better Value Option?

  • ACCESSWIRE8 days ago

    Today's Research Reports on Trending Tickers: MGM Resorts and Eldorado Resorts

    NEW YORK, NY / ACCESSWIRE / October 10, 2018 / U.S. equities finished mostly lower on Tuesday as interest rate increases and rising bond yields continued to put pressure on stocks. The Dow Jones Industrial ...

  • JCM Global Signs Exclusive Master Supply Agreement with Eldorado Resorts, Inc.
    PR Newswire9 days ago

    JCM Global Signs Exclusive Master Supply Agreement with Eldorado Resorts, Inc.

    LAS VEGAS , Oct. 9, 2018 /PRNewswire/ -- JCM Global has signed an exclusive master supply agreement with Eldorado Resorts, Inc. (NASDAQ: ERI) helping the company to deepen and expand its connection with ...

  • Associated Press14 days ago

    Atlantic City's Tropicana casino bought in $1.9B acquisition

    ATLANTIC CITY, N.J. (AP) — Eldorado Resorts has completed its purchase of Atlantic City's Tropicana casino.

  • GlobeNewswire16 days ago

    Icahn Enterprises L.P. Completes Sale of Federal-Mogul LLC and Tropicana Entertainment Inc.

    Carl C. Icahn, Chairman of Icahn Enterprises, stated: "Icahn Enterprises acquired majority control of Federal-Mogul in 2008 when we saw an out-of-favor market opportunity for a great company. Mr. Icahn continued: “Icahn Enterprises first acquired an interest in Tropicana in 2008.

  • Business Wire17 days ago

    Eldorado Resorts Completes Tropicana Entertainment Acquisition

    Eldorado Resorts, Inc. (ERI) (“Eldorado,” “ERI,” or “the Company”) announced today that it completed its previously announced acquisition of Tropicana Entertainment Inc. (TPCA) (“Tropicana”). The transaction further increases the Company’s scale and is expected to be immediately accretive to Eldorado’s free cash flow and diluted earnings per share, inclusive of identified expected cost synergies of approximately $40 million expected to be realized in Eldorado’s first year of operation of Tropicana (and giving effect to the master lease described below). The combination creates a premier, diversified regional gaming platform with combined annual revenue of more than $2.7 billion and combined adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of approximately $697 million (before rent and after giving effect to the realization of synergies), in each case for the twelve months ended June 30, 2018 and giving effect to the acquisition of Grand Victoria Casino and the previously announced dispositions of Presque Isle Downs and Lady Luck Nemacolin.

  • GlobeNewswire17 days ago

    Gaming and Leisure Properties, Inc. Completes Previously Announced Acquisition of the Real Estate Assets of Tropicana Entertainment

    Gaming and Leisure Properties, Inc. (GLPI) ("GLPI" or the "Company") today announced that it has successfully completed the previously announced acquisition of the real estate assets of five casino properties from Tropicana Entertainment, Inc. (“Tropicana”) for $964 million. The Company funded the transaction with proceeds from the publicly registered senior unsecured notes offering, which closed on September 26, 2018, with an aggregate principal amount of $1.100 billion, plus proceeds from the Company’s revolving credit facility.

  • Business Wire22 days ago

    Eldorado Resorts Announces Senior Management Transition Effective January 1, 2019

    Eldorado Resorts, Inc. (ERI) (“Eldorado” or the “Company”) announced today that its Board of Directors approved an executive management transition to position the Company for its next phase of growth and the continued creation of shareholder value. Effective January 1, 2019, Thomas (Tom) R. Reeg, who currently serves as the Company’s President and Chief Financial Officer, will assume the role of Chief Executive Officer for Eldorado Resorts.

  • Business Wirelast month

    Eldorado Resorts to Participate in Deutsche Bank Leveraged Finance Conference on October 2

    Eldorado Resorts, Inc. announced today that President and Chief Financial Officer, Tom Reeg, will be participating in a fireside chat at the Deutsche Bank 26th Annual Leveraged Finance Conference on Tuesday, October 2, 2018 at 10:40 a.m.

  • Eldorado Resorts Inc (NASDAQ:ERI) Delivered A Better ROE Than The Industry, Here’s Why
    Simply Wall St.last month

    Eldorado Resorts Inc (NASDAQ:ERI) Delivered A Better ROE Than The Industry, Here’s Why

    The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to start learning about core conceptsRead More...

  • Eldorado gets temporary OK to own Tropicana casino
    Associated Presslast month

    Eldorado gets temporary OK to own Tropicana casino

    ATLANTIC CITY, N.J. (AP) — Eldorado Resorts was given temporary approval to own Atlantic City's Tropicana casino, expressing optimism about a growing market rather than nervousness over increasing competition.

  • Business Wirelast month

    Eldorado Resorts, Inc. Announces Pricing of Senior Notes Offering

    Eldorado Resorts, Inc. (ERI) (“Eldorado,” “ERI,” or the “Company”) announced today that Delta Merger Sub, Inc. (the “Escrow Issuer”), a wholly owned subsidiary of ERI, priced its previously announced offering of $600 million in aggregate principal amount of senior notes due 2026 (the “Notes”) at an interest rate of 6.000% per annum and an issue price equal to 100% of the principal amount of the Notes. The proceeds of the offering initially will be placed in escrow pending satisfaction of certain conditions, including consummation of ERI’s pending acquisition (the “Tropicana Acquisition”) of Tropicana Entertainment Inc. (“Tropicana”). Upon satisfaction of the escrow conditions, ERI intends to apply the net proceeds of the sale of the Notes, together with borrowings under its revolving credit facility, its cash on hand and Tropicana’s cash on hand, to (i) pay the cash portion of the consideration payable in the Tropicana Acquisition, (ii) repay all of the debt outstanding under Tropicana’s existing credit facility and (iii) pay fees and costs associated with the Tropicana Acquisition.

  • Moody'slast month

    Eagle II Acquisition Company LLC -- Moody's affirms Eldorado Resorts, Inc.'s B1 CFR; unsecured notes upgraded to B2, bank loan upgraded to Ba1

    Moody's Investors Service today affirmed Eldorado Resorts, Inc.'s (Eldorado) B1 Corporate Family Rating and SGL-1 Speculative Grade Liquidity rating. At the same time, a B2 was assigned to Eldorado's proposed $600 million senior unsecured notes. Eldorado's existing $1.25 billion senior unsecured notes were upgraded to B2 from B3.

  • Business Wirelast month

    Eldorado Resorts, Inc. Announces Proposed Offering of $600 Million Senior Notes Due 2026

    Eldorado Resorts, Inc. (ERI) (“Eldorado,” “ERI,” or the “Company”) announced today that Delta Merger Sub, Inc., a wholly owned subsidiary of ERI (“Escrow Issuer”), intends to offer $600 million in aggregate principal amount of senior notes due 2026 (the “Notes”). The proceeds of the offering initially will be placed in escrow pending satisfaction of certain conditions, including consummation of ERI’s pending acquisition (the “Tropicana Acquisition”) of Tropicana Entertainment Inc. (“Tropicana”). Upon satisfaction of such conditions, ERI will assume Escrow Issuer’s obligations under the Notes and the indenture that will govern the Notes, and certain of ERI’s subsidiaries (including Tropicana and certain of its subsidiaries) will guarantee ERI’s obligations under the Notes.

  • PR Newswirelast month

    William Hill and Eldorado Resorts enter US partnership

    LONDON, Sept. 5, 2018 /PRNewswire/ -- William Hill PLC (WMH.L) today announces that William Hill US ("William Hill") and Eldorado Resorts, Inc. (ERI) have entered into a nationwide partnership for digital and land-based sports betting and online gaming in the United States.

  • Business Wirelast month

    Eldorado Resorts Partners with William Hill US to Bring Sports Wagering to Company’s National Casino Portfolio

    Eldorado Resorts, Inc. (ERI) (“Eldorado” or the “Company”) and William Hill PLC (WMH.L) announced today that the companies have entered into a definitive agreement pursuant to which William Hill US will become Eldorado’s exclusive sports betting operator for a period of 25 years at its properties in jurisdictions where sports betting is legal. Eldorado will also work with William Hill US to leverage its licenses to operate mobile and online sports wagering operations in the United States.

  • The Zacks Analyst Blog Highlights: MGM Resorts International, Eldorado Resorts, Golden Entertainment, Las Vegas Sands and Penn National Gaming
    Zacks2 months ago

    The Zacks Analyst Blog Highlights: MGM Resorts International, Eldorado Resorts, Golden Entertainment, Las Vegas Sands and Penn National Gaming

    The Zacks Analyst Blog Highlights: MGM Resorts International, Eldorado Resorts, Golden Entertainment, Las Vegas Sands and Penn National Gaming

  • PR Newswire2 months ago

    Adient and Eldorado Resorts Set to Join S&P MidCap 400

    NEW YORK , Aug. 14, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400: Eldorado Resorts Inc. (NASD: ERI) will replace VeriFone Systems Inc. (NYSE: PAY) in ...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of ERI earnings conference call or presentation 2-Aug-18 8:30pm GMT

    Q2 2018 Eldorado Resorts Inc Earnings Call

  • GlobeNewswire2 months ago

    Churchill Downs Incorporated Announces Definitive Agreement to Assume Management of Lady Luck Casino Nemacolin

    Churchill Downs Incorporated (“CDI”) (CHDN) announced today that it has signed an asset purchase agreement (the “Asset Purchase Agreement”) pursuant to which CDI will assume management of Lady Luck Casino Nemacolin in Farmington, Pennsylvania (“Lady Luck Nemacolin”) and acquire certain assets related to the management of Lady Luck Nemacolin from Eldorado Resorts, Inc. (“ERI”) (ERI) for cash consideration of $100,000. Lady Luck Nemacolin opened in 2013, is located one mile from Nemacolin Woodlands Resort in Farmington, Pennsylvania, and operates approximately 600 slot machines and 27 table games.

  • Business Wire2 months ago

    Eldorado Resorts Enters into Definitive Agreement to Transfer Operations of Lady Luck Casino Nemacolin to Churchill Downs

    Eldorado Resorts, Inc. (ERI) (“Eldorado” or the “Company”) announced today that it has entered into a definitive agreement with Churchill Downs Incorporated (CHDN) (“Churchill Downs”) pursuant to which the Company will transfer the operations of Lady Luck Casino Nemacolin in Farmington, Pennsylvania to Churchill Downs for $100,000 in cash consideration. Execution of the agreement to acquire the operations of Lady Luck Casino Nemacolin was a condition to the closing of the parties’ previously announced agreement to sell Eldorado’s Presque Isle Downs & Casino to Churchill Downs.

  • GlobeNewswire2 months ago

    Market Trends Toward New Normal in Aaron's, Plains All American Pipeline, Arrow Electronics, The Clorox, PVH, and Eldorado Resorts — Emerging Consolidated Expectations, Analyst Ratings

    NEW YORK, Aug. 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Aaron's, ...

  • Business Wire2 months ago

    Eldorado Resorts Completes Acquisition of Grand Victoria Casino

    Eldorado Resorts, Inc. (ERI) (“Eldorado” or the “Company”) announced today that it completed the previously announced purchase of the Grand Victoria Casino (“Grand Victoria”) in Elgin, Illinois for total consideration of $327.5 million in cash, subject to a customary working capital adjustment. The transaction was financed with cash on hand and borrowings under the Company’s revolving credit facility. The purchase price represents a multiple of approximately 9.0x trailing twelve months Adjusted EBITDA (for the period ended June 30, 2018) which Eldorado expects to reduce to approximately 6.0x or less within 18 months based on expected operating synergies and cost savings.