Churchill Downs Incorporated

NasdaqGS:CHDN 주식 리포트

시가총액: US$5.9b

Churchill Downs 향후 성장

Future 기준 점검 2/6

Churchill Downs (는) 각각 연간 14.1% 및 3.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 14.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 29% 로 예상됩니다.

핵심 정보

14.1%

이익 성장률

14.44%

EPS 성장률

Hospitality 이익 성장18.5%
매출 성장률3.6%
향후 자기자본이익률29.02%
애널리스트 커버리지

Good

마지막 업데이트25 May 2026

최근 향후 성장 업데이트

Recent updates

내러티브 업데이트 • Apr 14

CHDN: New Kentucky Venue And Buybacks Will Counter IGaming And HISA Pressures

The analyst price target for Churchill Downs has been reduced by about $0.75 to $134.75, as analysts factor in slightly softer margin assumptions and a higher discount rate, while still reflecting mixed but generally supportive recent Street research. Analyst Commentary Recent Street research on Churchill Downs shows a mix of cautious and constructive views, with price targets moving in both directions and investors focused on regulatory risk and future growth potential.
내러티브 업데이트 • Mar 31

CHDN: New Gaming Projects Will Offset Virginia IGaming And HISA Fee Risks

Narrative Update: Churchill Downs The analyst price target for Churchill Downs has seen a modest net reduction of $1, as analysts factor in iGaming expansion risks that some believe are already more than reflected in the current share price, while still seeing room for upside. Analyst Commentary Recent research has focused on how iGaming expansion risk, especially in Virginia, fits into the current valuation while still leaving room for upside if execution stays on track.
내러티브 업데이트 • Mar 17

CHDN: New Regional Gaming Venues Will Offset Virginia IGaming Uncertainty

Analysts have made only a modest tweak to their view of Churchill Downs, with the updated price target holding effectively steady near $135.50. They are weighing iGaming expansion risks against what they see as discounted upside in the current valuation.
Seeking Alpha • Mar 16

Churchill Downs: A 150-Year-Old Cash Machine Trading At A Discount

Summary Churchill Downs Incorporated offers a compelling long-term equity case, driven by its unique assets and robust compounding potential. CHDN’s moat is anchored by the Kentucky Derby, but growth is also fueled by expansion in Historical Racing Machines and premium ticketing initiatives. Financials are strong, with a 10-year EBIT CAGR of 16.7%, healthy cash flow, and disciplined capital allocation toward both expansion and buybacks. At a forward EV/EBITDA of 9x versus a 5-year average of 13x, CHDN is rated a buy, supported by both valuation and sustainable EPS compounding. Read the full article on Seeking Alpha
내러티브 업데이트 • Mar 03

CHDN: Regional Casinos And New Venues Will Offset Virginia IGaming Risks

Analysts now see fair value for Churchill Downs edging up by $0.75 to $135.50, reflecting updated assumptions around discount rates, revenue growth, profit margins, and the price-to-earnings ratio relative to recent Street price target tweaks that incorporate both iGaming risk concerns and perceived upside. Analyst Commentary Recent Street research around Churchill Downs highlights a mix of optimism and caution, with price targets nudged both higher and lower as analysts refine their views on risk, growth, and execution.
내러티브 업데이트 • Dec 23

CHDN: Regional Casinos Will Drive Future Upside Despite Dumfries And Virginia Risks

Analysts have nudged their price target for Churchill Downs slightly lower, trimming it by about $1 to reflect a modestly higher discount rate and near term headwinds around slower property ramps and softer regional casino trends, even as they continue to view the shares as attractively valued. Analyst Commentary Analysts remain constructive on Churchill Downs despite trimming price targets, citing a combination of company specific execution challenges and broader softness in regional gaming trends.
내러티브 업데이트 • Dec 09

CHDN: Regional Casinos Will Drive Future Upside Despite Dumfries Ramp Headwinds

Analysts have nudged their average price target for Churchill Downs slightly lower to the mid $120s, trimming expectations by a few dollars per share as they factor in a slower than anticipated Dumfries ramp, uneven regulatory enforcement in Virginia, and softer regional casino trends, even while continuing to view the stock as attractively valued. Analyst Commentary Recent Street research reflects a nuanced view on Churchill Downs, with modestly lower price targets but continued conviction that the shares remain compelling on a risk reward basis.
내러티브 업데이트 • Nov 25

CHDN: Regional Casinos Will Drive Long-Term Upside Despite Dumphries Slowdown

Analysts have modestly reduced their price target for Churchill Downs, lowering it by $2 to reflect slower regional casino trends and economic headwinds that are impacting recent performance. Analyst Commentary Analyst review of Churchill Downs highlights both areas of optimism and ongoing concerns surrounding the company’s valuation and performance.
분석 기사 • Nov 14

Why We're Not Concerned About Churchill Downs Incorporated's (NASDAQ:CHDN) Share Price

With a median price-to-earnings (or "P/E") ratio of close to 18x in the United States, you could be forgiven for...
분석 기사 • Aug 23

There's Been No Shortage Of Growth Recently For Churchill Downs' (NASDAQ:CHDN) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
분석 기사 • Aug 09

Churchill Downs Incorporated's (NASDAQ:CHDN) Business And Shares Still Trailing The Market

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...
분석 기사 • Jun 22

A Look At The Intrinsic Value Of Churchill Downs Incorporated (NASDAQ:CHDN)

Key Insights Churchill Downs' estimated fair value is US$95.30 based on 2 Stage Free Cash Flow to Equity With US$97.90...
Seeking Alpha • Mar 19

Churchill Downs: A Little Bit Of Everything Makes Something Attractive

Summary 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. Trades like common but feels like preferred. Read the full article on Seeking Alpha
Seeking Alpha • Mar 12

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

Summary Churchill Downs continued its great track record in 2024 with strong racing interest, and a relatively good performance in regional casinos. The company still has significant growth investments ahead, with HRM gaming venues and multi-year growth investments in the legendary Churchill Downs racetrack. I estimate CHDN stock to have a fair value of $106.1. Read the full article on Seeking Alpha
Seeking Alpha • Sep 03

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

Summary Churchill Downs Incorporated shows strong long-term performance, with improved business metrics and growth opportunities, making the stock attractive now. Q2 results exceeded expectations, with revenue and EPS ahead of estimates, and margins improving due to high-margin HRM machines and acquisitions. Management's disciplined capital allocation has led to high returns on equity and significant shareholder returns through dividends and share repurchases. Despite higher leverage, CHDN's growth prospects and fair valuation suggest it is at least fairly valued, if not undervalued. Read the full article on Seeking Alpha
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새로운 내러티브 • Aug 25

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

Expansion projects and growing wagering activities at Churchill Downs Racetrack indicate strong potential for increased revenue from ticket sales, sponsorships, and betting.
Seeking Alpha • Jun 10

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

Summary Churchill Downs Incorporated has grown earnings in a masterly blend of keeping margins high, buying and selling assets with the skills of a great investment manager. Its revenue will hit $3b this year, nowhere near sector leaders, but its stock remains an unsung solid performer producing strong earnings. The company is a blend of stable, capital allocation opportunist outlook combined with savvy every day skill sets in running tracks and casinos. Read the full article on Seeking Alpha
Seeking Alpha • Apr 28

Churchill Downs: Making A Wager On This Proven Compounder

Summary Churchill Downs, owner of the iconic Kentucky Derby, is a diversified gaming operator with a strong historical record. The company has best in class operating margins, ROE, ROC and has exhibited consistent revenue and net income growth over the past 14 years. Despite a 3-year period of consolidation, the stock is undervalued and presents a good opportunity for long-term investors. Read the full article on Seeking Alpha
Seeking Alpha • Feb 06

Churchill Downs: Accelerating Growth Might Justify High Valuation

Summary Churchill Downs Incorporated is an entertainment and gaming company that owns the Kentucky Derby and operates online wagering businesses and casino resorts. The company's revenues have been accelerating in recent years, reaching $2.4 billion in 2023, up from $1 billion a few years ago, driven by investments and expansion into new businesses. CHDN's stock has outperformed the market, up 732% in the last 10 years, but its valuation appears to be at a premium compared to its peers. Whether this premium valuation is justified or not really depends on whether you are a growth investor or value investor and what your time horizon is. Read the full article on Seeking Alpha

이익 및 매출 성장 예측

NasdaqGS:CHDN - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)
날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수
12/31/20283,254540616N/A4
12/31/20273,13853966884011
12/31/20263,02849766083711
3/31/20262,946388379818N/A
12/31/20252,926383310770N/A
9/30/20252,885404266805N/A
6/30/20252,830432367787N/A
3/31/20252,786422293765N/A
12/31/20242,734427226773N/A
9/30/20242,671415153749N/A
6/30/20242,61540919675N/A
3/31/20242,493342-52645N/A
12/31/20232,462417-71606N/A
9/30/20232,381361-46612N/A
6/30/20232,191357-43559N/A
3/31/20232,00555382618N/A
12/31/20221,81043980537N/A
9/30/20221,695482156493N/A
6/30/20221,704486277506N/A
3/31/20221,637255356491N/A
12/31/20211,597249244336N/A
9/30/20211,511222195272N/A
6/30/20211,455204143275N/A
3/31/20211,12572-12079N/A
12/31/20201,05414-92142N/A
9/30/20201,0562-94167N/A
6/30/20201,025-26-61152N/A
3/31/20201,31710679263N/A
12/31/20191,330140N/A290N/A
9/30/20191,268143N/A323N/A
6/30/20191,183186N/A250N/A
3/31/20191,085180N/A212N/A
12/31/20181,009183N/A198N/A
9/30/2018969210N/A183N/A
6/30/2018945165N/A209N/A
3/31/2018904134N/A206N/A
12/31/2017883122N/A215N/A
9/30/2017496104N/A205N/A
6/30/201760299N/A228N/A
3/31/201770295N/A226N/A
12/31/201682296N/A231N/A
9/30/20161,30388N/A230N/A
6/30/20161,27983N/A237N/A
3/31/20161,25069N/A241N/A
12/31/201579970N/A265N/A
9/30/20151,10843N/A251N/A
6/30/20151,00243N/A217N/A

애널리스트 향후 성장 전망

수입 대 저축률: CHDN 의 연간 예상 수익 증가율(14.1%)이 saving rate(3.5%)보다 높습니다.

수익 vs 시장: CHDN 의 연간 수익(14.1%)이 US 시장(16.8%)보다 느리게 성장할 것으로 예상됩니다.

고성장 수익: CHDN 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.

수익 대 시장: CHDN 의 수익(연간 3.6%)이 US 시장(연간 11.8%)보다 느리게 성장할 것으로 예상됩니다.

고성장 매출: CHDN 의 수익(연간 3.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: CHDN의 자본 수익률은 3년 후 29%로 높을 것으로 예상됩니다.

성장 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/26 04:36
종가2026/05/26 00:00
수익2026/03/31
연간 수익2025/12/31

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분석가 소스

Churchill Downs Incorporated는 19명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Brandt MontourBarclays
Zachary SilverbergBerenberg
Shaun KelleyBofA Global Research