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Churchill Downs NasdaqGS:CHDN Stock Report

Last Price

US$90.41

Market Cap

US$6.5b

7D

2.8%

1Y

-32.1%

Updated

01 May, 2025

Data

Company Financials +

Churchill Downs Incorporated

NasdaqGS:CHDN Stock Report

Market Cap: US$6.5b

CHDN Stock Overview

Operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. More details

CHDN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health1/6
Dividends0/6

Community vs My Fair Value

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Churchill Downs Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for Churchill Downs
Historical stock prices
Current Share PriceUS$90.41
52 Week HighUS$150.21
52 Week LowUS$85.58
Beta0.86
1 Month Change-18.34%
3 Month Change-26.84%
1 Year Change-32.08%
3 Year Change-10.12%
5 Year Change75.71%
Change since IPO40,082.22%

Recent News & Updates

Earnings Release: Here's Why Analysts Cut Their Churchill Downs Incorporated (NASDAQ:CHDN) Price Target To US$138

Apr 26
Earnings Release: Here's Why Analysts Cut Their Churchill Downs Incorporated (NASDAQ:CHDN) Price Target To US$138

Is Churchill Downs (NASDAQ:CHDN) A Risky Investment?

Apr 14
Is Churchill Downs (NASDAQ:CHDN) A Risky Investment?

Churchill Downs: A Little Bit Of Everything Makes Something Attractive

Mar 19

Recent updates

Earnings Release: Here's Why Analysts Cut Their Churchill Downs Incorporated (NASDAQ:CHDN) Price Target To US$138

Apr 26
Earnings Release: Here's Why Analysts Cut Their Churchill Downs Incorporated (NASDAQ:CHDN) Price Target To US$138

Is Churchill Downs (NASDAQ:CHDN) A Risky Investment?

Apr 14
Is Churchill Downs (NASDAQ:CHDN) A Risky Investment?

Churchill Downs: A Little Bit Of Everything Makes Something Attractive

Mar 19

Churchill Downs: The Legendary Racing Operator Continues Thriving (Rating Upgrade)

Mar 12

Calculating The Fair Value Of Churchill Downs Incorporated (NASDAQ:CHDN)

Mar 05
Calculating The Fair Value Of Churchill Downs Incorporated (NASDAQ:CHDN)

Return Trends At Churchill Downs (NASDAQ:CHDN) Aren't Appealing

Feb 20
Return Trends At Churchill Downs (NASDAQ:CHDN) Aren't Appealing

With EPS Growth And More, Churchill Downs (NASDAQ:CHDN) Makes An Interesting Case

Jan 25
With EPS Growth And More, Churchill Downs (NASDAQ:CHDN) Makes An Interesting Case

Investors Still Waiting For A Pull Back In Churchill Downs Incorporated (NASDAQ:CHDN)

Jan 13
Investors Still Waiting For A Pull Back In Churchill Downs Incorporated (NASDAQ:CHDN)

Is Now An Opportune Moment To Examine Churchill Downs Incorporated (NASDAQ:CHDN)?

Dec 16
Is Now An Opportune Moment To Examine Churchill Downs Incorporated (NASDAQ:CHDN)?

Is Churchill Downs Incorporated (NASDAQ:CHDN) Trading At A 28% Discount?

Nov 18
Is Churchill Downs Incorporated (NASDAQ:CHDN) Trading At A 28% Discount?

Churchill Downs Incorporated's (NASDAQ:CHDN) Share Price Matching Investor Opinion

Oct 08
Churchill Downs Incorporated's (NASDAQ:CHDN) Share Price Matching Investor Opinion

Returns On Capital At Churchill Downs (NASDAQ:CHDN) Have Stalled

Sep 23
Returns On Capital At Churchill Downs (NASDAQ:CHDN) Have Stalled

Is It Time To Consider Buying Churchill Downs Incorporated (NASDAQ:CHDN)?

Sep 08
Is It Time To Consider Buying Churchill Downs Incorporated (NASDAQ:CHDN)?

Churchill Downs: Still Under The Radar, Still An Excellent Business

Sep 03
author-image

Racetrack Innovations And HRM Expansion Set To Sprint Ahead In Revenue Growth

Aug 25 Expansion projects and growing wagering activities at Churchill Downs Racetrack indicate strong potential for increased revenue from ticket sales, sponsorships, and betting.

Is Now The Time To Put Churchill Downs (NASDAQ:CHDN) On Your Watchlist?

Aug 08
Is Now The Time To Put Churchill Downs (NASDAQ:CHDN) On Your Watchlist?

An Intrinsic Calculation For Churchill Downs Incorporated (NASDAQ:CHDN) Suggests It's 40% Undervalued

Jul 11
An Intrinsic Calculation For Churchill Downs Incorporated (NASDAQ:CHDN) Suggests It's 40% Undervalued

Returns On Capital At Churchill Downs (NASDAQ:CHDN) Have Stalled

Jun 21
Returns On Capital At Churchill Downs (NASDAQ:CHDN) Have Stalled

Churchill Downs: Solid Performing Gaming Stock Eschews Scale For EBITDA Growth

Jun 10

Here's Why Churchill Downs (NASDAQ:CHDN) Has A Meaningful Debt Burden

Jun 08
Here's Why Churchill Downs (NASDAQ:CHDN) Has A Meaningful Debt Burden

When Should You Buy Churchill Downs Incorporated (NASDAQ:CHDN)?

May 27
When Should You Buy Churchill Downs Incorporated (NASDAQ:CHDN)?

Churchill Downs: Making A Wager On This Proven Compounder

Apr 28

Churchill Downs: Accelerating Growth Might Justify High Valuation

Feb 06

Churchill Downs: Ellis Park Acquisition Should Accelerate Growth

Oct 19

Shareholder Returns

CHDNUS HospitalityUS Market
7D2.8%1.8%2.7%
1Y-32.1%5.5%9.6%

Return vs Industry: CHDN underperformed the US Hospitality industry which returned 5.8% over the past year.

Return vs Market: CHDN underperformed the US Market which returned 9.9% over the past year.

Price Volatility

Is CHDN's price volatile compared to industry and market?
CHDN volatility
CHDN Average Weekly Movement6.4%
Hospitality Industry Average Movement7.5%
Market Average Movement7.8%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market4.1%

Stable Share Price: CHDN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CHDN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18757,675Bill Carstanjenwww.churchilldownsincorporated.com

Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. It operates through three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia, and New Hampshire; provides racing event-related services, including admissions, personal seat licenses, sponsorships, television rights, and other miscellaneous services, as well as food and beverages services.

Churchill Downs Incorporated Fundamentals Summary

How do Churchill Downs's earnings and revenue compare to its market cap?
CHDN fundamental statistics
Market capUS$6.53b
Earnings (TTM)US$421.90m
Revenue (TTM)US$2.79b

15.5x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CHDN income statement (TTM)
RevenueUS$2.79b
Cost of RevenueUS$1.84b
Gross ProfitUS$942.80m
Other ExpensesUS$520.90m
EarningsUS$421.90m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)5.84
Gross Margin33.84%
Net Profit Margin15.14%
Debt/Equity Ratio446.2%

How did CHDN perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

7%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/01 15:15
End of Day Share Price 2025/04/30 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Churchill Downs Incorporated is covered by 23 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brandt MontourBarclays
Zachary SilverbergBerenberg
Shaun KelleyBofA Global Research