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CHDN Stock Chart & Stats
$88.67
$1.64(1.90%)
At close: 4:00 PM EDT
$88.67
$1.64(1.90%)
Day’s Range― - ―
52-Week Range$79.40 - $118.35
Previous CloseN/A
Volume494.47K
Average Volume (3M)1.03M
Market Cap
$6.10B
Enterprise Value$10.81K
Total Cash (Recent Filing)$196.00M
Total Debt (Recent Filing)$4.78B
Price to Earnings (P/E)14.8
Beta0.58
Next Earnings
Oct 28, 2026EPS Estimate
1.22Next Dividend Ex-DateN/A
Dividend Yield0.51%
Share Statistics
EPS (TTM)5.85
Shares Outstanding69,700,240
10 Day Avg. Volume910,794
30 Day Avg. Volume1,029,405
Financial Highlights & Ratios
PEG Ratio-3.29
Price to Book (P/B)7.98
Price to Sales (P/S)2.76
P/FCF Ratio26.04
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$128.82Price Target Upside45.28% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)6.95
Revenue Forecast (FY)$3.03B
Bulls Say, Bears Say
Bulls Say
Broad-based Operating GrowthRecord revenue and EBITDA across racing, wagering, gaming, and HRMs indicate broad operating strength rather than reliance on one business. Continued segment growth supports durable earnings momentum and improves resilience across market cycles.
Durable Derby FranchiseThe Kentucky Derby combines attendance, premium hospitality, sponsorship, wagering, media rights, and digital engagement. Strong audiences and planned venue upgrades reinforce a differentiated franchise with multiple recurring monetization channels.
Strong Cash GenerationRobust free cash flow provides internal funding for strategic projects, debt reduction, and shareholder returns. Capital spending remains guided and disciplined, supporting the company’s ability to reinvest in core assets without depending solely on external financing.
Bears Say
Elevated Financial LeverageLeverage remains high despite improvement from prior periods, increasing sensitivity to weaker gaming demand, refinancing conditions, or project overruns. Debt also limits financial flexibility until planned asset sales and cash generation reduce obligations.
Margin And Cash-flow Quality PressureProfitability remains strong, but lower net margins show that earlier earnings performance has not been fully sustained. Volatile free cash flow and less-than-full conversion of net income can constrain debt reduction and long-term investment capacity.
Regional Competition And Portfolio ExecutionNew competition may pressure visitation, pricing, and margins in affected markets. At the same time, selling nine properties could sharpen strategic focus but creates execution risk around transaction timing, proceeds, and the earnings contribution of divested assets.
Churchill Downs News
CHDN FAQ
What was Churchill Downs’s price range in the past 12 months?
Churchill Downs lowest stock price was $79.40 and its highest was $118.35 in the past 12 months.
What is Churchill Downs’s market cap?
Churchill Downs’s market cap is $6.10B.
When is Churchill Downs’s upcoming earnings report date?
Churchill Downs’s upcoming earnings report date is Oct 28, 2026 which is in 55 days.
How were Churchill Downs’s earnings last quarter?
Churchill Downs released its earnings results on Jul 29, 2026. The company reported $3.45 earnings per share for the quarter, missing the consensus estimate of $3.451 by >-$0.001.
Is Churchill Downs overvalued?
According to Wall Street analysts Churchill Downs’s price is currently Undervalued.
Does Churchill Downs pay dividends?
Churchill Downs pays a Annually dividend of $0.438 which represents an annual dividend yield of 0.51%. See more information on Churchill Downs dividends here
What is Churchill Downs’s EPS estimate?
Churchill Downs’s EPS estimate is 1.22.
How many shares outstanding does Churchill Downs have?
Churchill Downs has 69,700,240 shares outstanding.
What happened to Churchill Downs’s price movement after its last earnings report?
Churchill Downs reported an EPS of $3.45 in its last earnings report, missing expectations of $3.451. Following the earnings report the stock price went down -6.597%.
Which hedge fund is a major shareholder of Churchill Downs?
Currently, no hedge funds are holding shares in CHDN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Churchill Downs Stock Smart Score
Neutral
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$128.82 (45.28% Upside)
$128.82 (45.28% Upside)
Blogger Sentiment
Bullish
CHDN Sentiment 67%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 499.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 4.7%
Last 30 Days ▼ 4.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-16.14%
12-Months-Change
Fundamentals
Return on Equity
0.51%
Trailing 12-Months
Asset Growth
1.97%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Churchill Downs
Churchill Downs Incorporated (CDI) is a leading U.S. entertainment enterprise focused on horse racing, online wagering, and general gaming activities. Its extensive operations are categorized into three main divisions: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, CDI's portfolio included three pari-mutuel gaming venues in Kentucky, collectively featuring approximately 3,050 historical racing machines. The company also operates TwinSpires, a comprehensive digital platform offering betting on horse races, sports, and iGaming. Furthermore, CDI manages nine brick-and-mortar sportsbooks and runs casino gaming across eight states, housing around 11,000 slot machines and video lottery terminals, in addition to 200 table games. Beyond these core ventures, Churchill Downs Incorporated delivers streaming video of live horse races and replays, along with a wide array of racing and handicapping information. It also oversees the Bloodstock Research Information Services (BRIS) platform, a valuable source for horse racing statistical data. The company is additionally engaged in designing and deploying pari-mutuel wagering systems for racetracks, off-track betting facilities, and various other wagering enterprises. Established in 1875, Churchill Downs Incorporated is headquartered in Louisville, Kentucky.
CHDN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong, broad-based operational and financial momentum: record revenue and adjusted EBITDA, robust Derby Week performance (attendance, viewership, social engagement, and wagering), solid segment-level EBITDA growth, strong free cash flow and disciplined capital allocation. Management outlined clear strategic priorities, confirmed major development projects are on time and on budget, and proposed sales of non-core regional gaming assets to reduce leverage and focus on core growth pillars (Derby, HRMs, TwinSpires). Key challenges include localized competitive pressure in Virginia, a modest early ETG rollout that needs acceleration, execution risk around selling nine regional properties, and ongoing near-term regulatory and market transitions (e.g., Pennsylvania). Overall, positives materially outweigh the manageable challenges.View all CHDN earnings summariesCHDN Net revenue Breakdown
42.54% Live and Historical Racing
39.35% Gaming
18.07% TwinSpires
0.04% Other
CHDN Stock 12 Month Forecast
Average Price Target
$128.82
▲(45.28% Upside)
Technical Analysis
Boyd Gaming
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Monarch Casino & Resort
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PENN Entertainment
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Caesars Entertainment
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Red Rock Resorts
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Ownership Overview
5.89% Insiders
24.78% Mutual Funds
22.51% Other Institutional Investors
26.20% Public Companies and
Individual Investors