CHDN - Churchill Downs Incorporated
Chart Events
Inside Bar (Bullish)
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 125.45 |
| Open | 125.72 |
| Bid | 0.00 x 1300 |
| Ask | 0.00 x 1100 |
| Day's Range | 124.14 - 128.53 |
| 52 Week Range | 52.90 - 167.53 |
| Volume | 228,191 |
| Avg. Volume | 407,422 |
| Market Cap | 5.048B |
| Beta (5Y Monthly) | 1.16 |
| PE Ratio (TTM) | 50.74 |
| EPS (TTM) | 2.52 |
| Earnings Date | Jul 29, 2020 - Aug 03, 2020 |
| Forward Dividend & Yield | 0.58 (0.46%) |
| Ex-Dividend Date | Dec 05, 2019 |
| 1y Target Est | 158.00 |
Fair Value
Related Research
- GlobeNewswire
Churchill Downs Incorporated to Reopen Oxford Casino Hotel in Maine
LOUISVILLE, Ky., July 09, 2020 -- Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced plans to resume operations at Oxford Casino Hotel (“Oxford”) in Oxford, Maine.
- MarketWatch
Coronavirus update: U.S. cases reach 2.9 million and death toll tops 130K, as 38 states see cases on the climb
New coronavirus cases continue to surge Monday, with the U.S. re-emerging as a global hot spot, while Wall Street continues to defy the dangers after President Donald Trump over the weekend played down the threat of COVID-19.
- MarketWatch
Churchill Downs re-suspends operations at Miami casino less than a month after it was reopened
Churchill Downs Inc. said Monday that it has temporarily suspended operations at Calder Casino in Miami as of July 3, less than a month after it was opened. The racing and gaming company said the suspension comes after an emergency order was issued by Miami Mayor Carlos Gimenez to close entertainment venues in an reaction to a rise in COVID-19 cases. New cases in Florida spiked up to 10,352 on July 3, a daily record for the state, according to data provided by Johns Hopkins University. Churchill Downs said it will work with Miami-Date county and state officials to reopen Calder "as soon as it is appropriate to do so." The company had reopened Calder Casino on June 12, after temporarily suspending operations on March 16, as a result of the COVID-19 pandemic. Shares of Churchill Downs rose 2.4% in morning trading. They have slipped 1.4% year to date, while the S&P 500 has lost 1.8%.
- GlobeNewswire
Churchill Downs Incorporated Announces Temporary Suspension of Operations at Calder Casino in Florida
LOUISVILLE, Ky., July 06, 2020 -- Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced the temporary suspension of operations at Calder Casino (“Calder”) in Miami.
- GlobeNewswire
Churchill Downs Incorporated Announces the Reopening of Rivers Casino Des Plaines
LOUISVILLE, Ky., July 02, 2020 -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced the reopening of Rivers Des Plaines (“Rivers”) in Des Plaines,.
- Barrons.com
3 Casino Stocks to Buy, Despite Covid-19 Concerns
As Covid-19 cases rise around the country, investors betting on a casino resurgence may be pressing their luck. Still, there are some regional players worth buying, says Jefferies.
- MarketWatch
Bad news is punishing stock market investors — here’s how to deal with it
The upshot: It’ll make sense to buy stocks after potential 5%-10% declines in the S&P 500 (SPX) Dow Jones Industrial Average (DJIA) and Nasdaq (COMP) Stock market indexes posted declines Friday of over 2% on concerns about rising coronavirus cases in some states as they reopen their economies. The eight stocks I put in my public-gathering-place portfolio in my stock newsletter, Brush Up on Stocks, on March 17 were up 70.7% by the close June 15, compared with 26.3% gains for the SPDR S&P 500 ETF Trust (SPY) As the big gainers (and the ones most vulnerable to Covid-19 resurgence fears), they will likely decline a lot, offering the best opportunity for a rebound when Covid-19 fears recede again. The eight stocks are: Churchill Downs (CHDN) Royal Caribbean Cruises (RCL) Carnival (CCL) Planet Fitness (PLNT) Lowe’s (LOW) Home Depot (HD) Howard Hughes (HHC) and Cedar Fair (FUN) These all have solid brands, good business prospects and decent insider buying levels.
- GlobeNewswire
Churchill Downs Incorporated Reopens Presque Isle Downs & Casino in Erie, Pennsylvania
LOUISVILLE, Ky., June 26, 2020 -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today the reopening of Presque Isle Downs & Casino.
- GlobeNewswire
Arlington International Racecourse to Conduct Spectator-Free Live Racing Meet July 23 – September 26, 2020
Churchill Downs Incorporated (“CDI”) (CHDN) announced today that Arlington International Racecourse (“Arlington”) in Arlington Heights, Illinois reached an agreement with the Illinois Thoroughbred Horsemen’s Association (“ITHA”) for the 2020 and 2021 live race meets. The Illinois Racing Board (“IRB”) unanimously approved Arlington’s 2020 Summer Meet permitting live racing without spectators from July 23 to September 26, 2020. “We are pleased to welcome back the trainers and owners of Illinois who have expressed their desire to race at Arlington,” said Tony Petrillo, President of Arlington.
- GlobeNewswire
Churchill Downs Incorporated Gains Entry into Online Illinois Sports Betting Market Through the Launch of BetRivers.com by Rivers Casino Des Plaines
LOUISVILLE, Ky., June 19, 2020 -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that Rivers Casino Des Plaines, the Company’s joint.
- PR Newswire
Rivers Casino Des Plaines Partners With Rush Street Interactive To Launch BetRivers.com, Making History As The First Online And Mobile Sportsbook In Illinois
Just in time for this summer's return to live sports action, Rivers Casino Des Plaines and Rush Street Interactive (RSI) are launching the award-winning online sportsbook BetRivers.com at 10 a.m. Central time. Players can sign up from home.
- Motley Fool
Churchill Downs Is Reopening Most of Its Casinos
While Churchill Downs Incorporated (NASDAQ: CHDN) is best known for the horse racing at its eponymous racetrack, including the world-famous Kentucky Derby, the company also operates 10 casinos across several U.S. states. According to a press release yesterday, Churchill Downs is reopening five more of its casinos over the coming week, bringing the total open for business to seven. While each casino will meet local health department requirements, Churchill Downs also has a battery of safety protocols for all its gambling establishments.
- GlobeNewswire
Churchill Downs Incorporated to Reopen Properties in Florida, Pennsylvania, Louisiana, Maryland and Ohio
LOUISVILLE, Ky., June 11, 2020 -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today plans to resume operations at five casino properties in.
- Moody's
Churchill Downs Incorporated -- Moody's announces completion of a periodic review of ratings of Churchill Downs Incorporated
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Churchill Downs Incorporated and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- GlobeNewswire
Churchill Downs Incorporated Announces Agreement to Purchase 1,250 Historical Horse Racing Machines from IGT
Churchill Downs Incorporated (“CDI” or the “Company”) (CHDN) announced today that it has entered into an agreement to purchase 1,250 historical racing machines (“HRMs”) from International Game Technology PLC (“IGT”). The newly engineered IGT product will operate on Ainsworth Game Technology’s (“Ainsworth”) proprietary HRM system that was co-developed with CDI. HRMs are approved by the Kentucky Horse Racing Commission and utilize the results of previously run live horse races to generate player outcomes.
- GlobeNewswire
Churchill Downs Incorporated to Reopen Derby City Gaming
LOUISVILLE, Ky., June 08, 2020 -- Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today plans to reopen Derby City Gaming, its historical racing machine property.
- Insider Monkey
Is Churchill Downs Incorporated (CHDN) Going to Burn These Hedge Funds?
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
- Motley Fool
Why Churchill Downs Stock Rocketed 32% Higher in May
It was an incredible month for Churchill Downs, as investors decided gambling wasn't going away.
- Investor's Business Daily
Churchill Downs Clears Technical Benchmark, Hitting 80-Plus RS Rating
Churchill Downs shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 80 to 83.
- Investor's Business Daily
Churchill Downs Stock Rising Amid Resort Reopenings, Kentucky Derby Reschedule, Lawsuit Settlement
A Relative Strength Rating upgrade for Churchill Downs shows improving technical performance. Will it continue?
- Motley Fool
Churchill Downs to Pay $124 Million in Class Action Lawsuit Settlement
Racing and casino company Churchill Downs (NASDAQ: CHDN), organizer of the world-famous Kentucky Derby race, has agreed to pay $124 million to settle two class action lawsuits, according to news reports. Australian computerized gambling system and spinning reel slot machine maker Aristocrat Leisure Ltd. (ASX: ALL) will pay the rest of the $155 million settlement, or $31 million. The lawsuits, Thimmegowda v. Big Fish Games and Kater v. Churchill Downs, relate to the Big Fish Games online gambling brand, which Churchill Downs sold to Aristocrat in 2018.
- GlobeNewswire
Churchill Downs Incorporated and Aristocrat Leisure Limited Announce Agreement in Principle to Settle Lawsuits related to Big Fish Games, Inc.
Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) and Aristocrat Leisure Limited (ASX:ALL) ("Aristocrat") today announced that they have entered into an agreement in principle to settle the Kater v. Churchill Downs, Inc., and Thimmegowda v. Big Fish Games, Inc. lawsuits (the “Kater and Thimmegowda Litigations”). CDI completed its sale of Big Fish Games, Inc. to Aristocrat in January 2018.
- GlobeNewswire
Churchill Downs Incorporated to Reopen Harlow’s Casino Resort & Spa and Riverwalk Casino Hotel in Mississippi
LOUISVILLE, Ky., May 20, 2020 -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today plans to reopen its two properties in Mississippi..
- Yahoo Finance
Casino giant Caesars’ challenges go far beyond coronavirus and social distancing
Casino giant Caesars’ mountains of debt raises uncertainty about its pending merger with Eldorado (ERI) amid the pandemic, says Dan Wasiolek, senior equity analyst at Morningstar.
- Motley Fool
Churchill Downs Reports a Massive $26 Million in Opening Weekend Wagers
Spokesman Darren Rogers said that 2019's opening weekend betting, with spectators in the stands, only amounted to slightly more than $9.3 million. By last Thursday, just two days before the race, approximately 720 horses were on the Churchill Downs grounds, along with their trainers and support personnel. According to Churchill Downs, 11 races took place on Saturday, involving several hundred horses and dozens of jockeys and trainers.
