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NASDAQ:CHDN

Churchill Downs (CHDN) Stock Price, News & Analysis

Churchill Downs logo
$89.37 +1.02 (+1.15%)
Closing price 04/28/2025 04:00 PM Eastern
Extended Trading
$89.46 +0.08 (+0.10%)
As of 05:21 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Churchill Downs Stock (NASDAQ:CHDN)

Key Stats

Today's Range
$87.96
$90.11
50-Day Range
$87.99
$119.05
52-Week Range
$85.58
$150.21
Volume
2.00 million shs
Average Volume
531,349 shs
Market Capitalization
$6.57 billion
P/E Ratio
15.73
Dividend Yield
0.45%
Price Target
$144.80
Consensus Rating
Buy

Company Overview

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; casino gaming; and Terre Haute Casino Resort. 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.

Churchill Downs Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
99th Percentile Overall Score

CHDN MarketRank™: 

Churchill Downs scored higher than 99% of companies evaluated by MarketBeat, and ranked 32nd out of 276 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Churchill Downs has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Churchill Downs has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Churchill Downs' stock forecast and price target.
  • Earnings Growth

    Earnings for Churchill Downs are expected to grow by 13.87% in the coming year, from $6.92 to $7.88 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Churchill Downs is 15.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.76.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Churchill Downs is 15.73, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.29.

  • Price to Earnings Growth Ratio

    Churchill Downs has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Churchill Downs has a P/B Ratio of 6.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.50% of the float of Churchill Downs has been sold short.
  • Short Interest Ratio / Days to Cover

    Churchill Downs has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Churchill Downs has recently increased by 7.41%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Churchill Downs has a dividend yield of 0.40%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Churchill Downs has been increasing its dividend for 14 years.

  • Dividend Coverage

    The dividend payout ratio of Churchill Downs is 7.12%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Churchill Downs will have a dividend payout ratio of 5.08% next year. This indicates that Churchill Downs will be able to sustain or increase its dividend.

  • Read more about Churchill Downs' dividend.
  • Percentage of Shares Shorted

    2.50% of the float of Churchill Downs has been sold short.
  • Short Interest Ratio / Days to Cover

    Churchill Downs has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Churchill Downs has recently increased by 7.41%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Churchill Downs has a news sentiment score of 0.20. 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 0.86 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 49 news articles for Churchill Downs this week, compared to 10 articles on an average week.
  • Search Interest

    12 people have searched for CHDN on MarketBeat in the last 30 days. This is an increase of 1,100% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Churchill Downs to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Churchill Downs insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 5.34% of the stock of Churchill Downs is held by insiders.

  • Percentage Held by Institutions

    82.59% of the stock of Churchill Downs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Churchill Downs' insider trading history.
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CHDN Stock News Headlines

Chruchill Downs
Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains?
Churchill Downs stock sold off more than 16% after announcing it was pausing a renovation project due to tariff uncertainty, but the stock could be worth a bet
Trump to unlock 15-figure fortune for America (May 3rd) ?
We were shown this map by former Presidential Advisor, Jim Rickards, one of the most politically connected men in America. Rickards has spent his fifty-year career in the innermost circles of the U.S. government and banking. And he believes Trump could soon release this frozen asset to the public.
Churchill Downs price target lowered to $124 from $125 at Barclays
Churchill Downs price target lowered to $144 from $157 at Citizens JMP
StockNews.com Upgrades Churchill Downs (NASDAQ:CHDN) to "Hold"
See More Headlines

CHDN Stock Analysis - Frequently Asked Questions

Churchill Downs' stock was trading at $133.54 at the beginning of the year. Since then, CHDN stock has decreased by 33.1% and is now trading at $89.37.
View the best growth stocks for 2025 here
.

Churchill Downs Incorporated (NASDAQ:CHDN) released its quarterly earnings data on Wednesday, April, 23rd. The company reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.08 by $0.01. The company's revenue was up 8.7% compared to the same quarter last year.
Read the conference call transcript
.

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 minted shares were distributed to shareholders after the closing bell on Friday, May 19th 2023. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Churchill Downs' Board of Directors authorized a share repurchase plan on Wednesday, March 12th 2025, which authorizes the company to buy back $500,000,000 in shares, according to EventVestor. This means that the company could purchase up to 6.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its shares are undervalued.

Top institutional shareholders of Churchill Downs include SG Americas Securities LLC (0.70%), Copeland Capital Management LLC (0.35%), Stock Yards Bank & Trust Co. (0.34%) and Principal Financial Group Inc. (0.34%). Insiders that own company stock include William E Mudd and Paul C Varga.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Churchill Downs investors own include Broadcom (AVGO), IDEXX Laboratories (IDXX), Tesla (TSLA), NVIDIA (NVDA), Applied Materials (AMAT), Meta Platforms (META) and Advanced Micro Devices (AMD).

Company Calendar

Record date for 4/15 Dividend
3/31/2025
Dividend Payable
4/15/2025
Last Earnings
4/23/2025
Today
4/29/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Racing, including track operation
Sub-Industry
Casinos & Gaming
Current Symbol
NASDAQ:CHDN
Employees
7,000
Year Founded
1875

Price Target and Rating

Average Stock Price Target
$144.80
High Stock Price Target
$158.00
Low Stock Price Target
$124.00
Potential Upside/Downside
+62.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

Trailing P/E Ratio
15.73
Forward P/E Ratio
12.91
P/E Growth
2.95
Net Income
$417.30 million
Pretax Margin
20.96%

Debt

Sales & Book Value

Annual Sales
$2.79 billion
Cash Flow
$6.59 per share
Price / Cash Flow
13.56
Book Value
$14.74 per share
Price / Book
6.06

Miscellaneous

Free Float
69,727,000
Market Cap
$6.57 billion
Optionable
Optionable
Beta
0.86

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This page (NASDAQ:CHDN) was last updated on 4/29/2025 by MarketBeat.com Staff
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