Churchill Downs
CHDN
Market cap $8.26B

112.40 USD

-1.03

0.91%

At close Mar 27, 4:00 PM EDT

After hours

112.40

+0.00

0.00%

1 day

-0.91%

5 days

1.57%

1 month

-4.15%

3 months

-15.24%

6 months

-16.13%

Year to date

-14.58%

1 year

-9.56%

5 years

139.00%

10 years

494.39%

About: Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.

Employees: 8,870

Consumer Discretionary Racing, Including Track Operation

0

Funds holding %

of 7,390 funds

0

Analysts bullish %

of 4 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

216% more call options, than puts

Call options by funds: $74.9M | Put options by funds: $23.7M

17% more repeat investments, than reductions

Existing positions increased: 168 | Existing positions reduced: 144

14% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 44

1.19% more ownership

Funds ownership: 76.6% [Q3] → 77.78% (+1.19%) [Q4]

1% more capital invested

Capital invested by funds: $7.58B [Q3] → $7.64B (+$50.2M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q3] → 6 (+0) [Q4]

1% less funds holding

Funds holding: 447 [Q3] → 444 (-3) [Q4]

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$148

32%

upside

Avg. target

$158

41%

upside

High target

$166

48%

upside

4 analyst ratings

4 positive

100%

0 neutral

0%

0 negative

0%

Stifel Jeffrey Stantial 30% 1-year accuracy 7 / 23 met price target	43%upside $161	Buy Maintained	21 Feb 2025
Wells Fargo Daniel Politzer 32% 1-year accuracy 19 / 59 met price target	41%upside $158	Overweight Maintained	21 Feb 2025
Mizuho Ben Chaiken 32% 1-year accuracy 18 / 57 met price target	32%upside $148	Outperform Maintained	19 Feb 2025
JMP Securities Aaron Hecht 51% 1-year accuracy 24 / 47 met price target	48%upside $166	Market Outperform Reiterated	16 Jan 2025

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about CHDN published over the past 30 days

Churchill Downs: A Little Bit Of Everything Makes Something Attractive

Churchill Downs Incorporated has a well-balanced portfolio of earnings strength. 78% institution holding is an insurance policy of a kind. Price in trading range attracts stronger buyers.

Churchill Downs: A Little Bit Of Everything Makes Something Attractive

3 Stocks Returning Billions to Shareholders via Buybacks

Several big-name firms have announced significant new share buyback programs as Q1 2025 comes to a close. The three stocks below all have large share buyback capacity, equal to 8% or more of their market capitalizations.

3 Stocks Returning Billions to Shareholders via Buybacks

Churchill Downs Incorporated 2025 First Quarter Financial Results Conference Call Invitation

LOUISVILLE, Ky., March 18, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release first quarter 2025 financial results after the market closes on Wednesday, April 23, 2025, and host a related conference call to discuss the quarter on Thursday, April 24, 2025, at 9 a.m. ET.

Churchill Downs Incorporated 2025 First Quarter Financial Results Conference Call Invitation

Churchill Downs Incorporated Announces New $500 Million Share Repurchase Program

LOUISVILLE, Ky., March 12, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that the Company's Board of Directors approved a $500 million share repurchase program. The new share repurchase program replaces the prior $500 million program that was authorized in September 2021 and had unused authorization of $125.6 million as of March 12, 2025. The new share repurchase program includes and is not in addition to any unspent amount remaining under the prior authorization. Share repurchases may be made at management's discretion from time to time in the open market (either with or without a 10b5-1 plan) or through privately negotiated transactions. The repurchase program has no time limit and may be suspended or discontinued at any time.

Churchill Downs Incorporated Announces New $500 Million Share Repurchase Program

Churchill Downs Incorporated (CHDN) Q4 2024 Earnings Call Transcript

Churchill Downs Incorporated (NASDAQ:CHDN ) Q4 2024 Earnings Conference Call February 20, 2025 9:00 AM ET Company Participants Sam Ullrich - Vice President, Investor Relations Bill Carstanjen - Chief Executive Officer Marcia Dall - Chief Financial Officer Conference Call Participants Barry Jonas - Truist Securities Zach Silverberg - Wells Fargo David Katz - Jefferies Chad Beynon - Macquarie Jordan Bender - Citizens Jeff Stantial - Stifel Joe Stauff - SIG Daniel Guglielmo - Capital One Securities Ben Chaiken - Mizuho Operator Hello, and welcome to the Churchill Downs Incorporated Fourth Quarter and Full Year 2024 Results Conference Call. At this time, all participants are in a listen-only mode.

Churchill Downs Incorporated (CHDN) Q4 2024 Earnings Call Transcript

Zacks Investment Research

Here's What Key Metrics Tell Us About Churchill Downs (CHDN) Q4 Earnings

The headline numbers for Churchill Downs (CHDN) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Churchill Downs (CHDN) Q4 Earnings

Zacks Investment Research

Churchill Downs (CHDN) Lags Q4 Earnings Estimates

Churchill Downs (CHDN) came out with quarterly earnings of $0.92 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.86 per share a year ago.

Churchill Downs (CHDN) Lags Q4 Earnings Estimates

Churchill Downs Incorporated Unveils Multi-Year Series of Capital Projects for Churchill Downs Racetrack

The Skye, Conservatory and Infield General Admission Projects Will Create World-Class Premium Hospitality for Kentucky Derby Guests The Skye, Conservatory and Infield General Admission Projects Will Create World-Class Premium Hospitality for Kentucky Derby Guests

Churchill Downs Incorporated Unveils Multi-Year Series of Capital Projects for Churchill Downs Racetrack

Churchill Downs Incorporated Reports 2024 Fourth Quarter and Full Year Results

LOUISVILLE, Ky., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") today reported business results for the quarter and full year ended December 31, 2024.

Churchill Downs Incorporated Reports 2024 Fourth Quarter and Full Year Results

Zacks Investment Research

Seeking Clues to Churchill Downs (CHDN) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Beyond analysts' top -and-bottom-line estimates for Churchill Downs (CHDN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.

Seeking Clues to Churchill Downs (CHDN) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

See News Rankings

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