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Churchill Downs NasdaqGS:CHDN Stock Report

Last Price

US$132.25

Market Cap

US$9.7b

7D

-0.4%

1Y

-2.5%

Updated

26 Dec, 2024

Data

Company Financials +

Churchill Downs Incorporated

NasdaqGS:CHDN Stock Report

Market Cap: US$9.7b

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US$163.02
FV
18.9% undervalued intrinsic discount
5.98%
Revenue growth p.a.
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1 day ago author updated this narrative

Churchill Downs Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for Churchill Downs
Historical stock prices
Current Share PriceUS$132.25
52 Week HighUS$150.21
52 Week LowUS$111.10
Beta0.95
1 Month Change-5.33%
3 Month Change-1.32%
1 Year Change-2.47%
3 Year Change10.67%
5 Year Change94.79%
Change since IPO58,677.78%

Recent News & Updates

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?

Recent updates

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

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 Incorporated's (NASDAQ:CHDN) Popularity With Investors Is Clear

Apr 29
Churchill Downs Incorporated's (NASDAQ:CHDN) Popularity With Investors Is Clear

Churchill Downs: Making A Wager On This Proven Compounder

Apr 28

Churchill Downs Incorporated's (NASDAQ:CHDN) Intrinsic Value Is Potentially 68% Above Its Share Price

Mar 31
Churchill Downs Incorporated's (NASDAQ:CHDN) Intrinsic Value Is Potentially 68% Above Its Share Price

What Does Churchill Downs Incorporated's (NASDAQ:CHDN) Share Price Indicate?

Feb 14
What Does Churchill Downs Incorporated's (NASDAQ:CHDN) Share Price Indicate?

Churchill Downs: Accelerating Growth Might Justify High Valuation

Feb 06

Churchill Downs (NASDAQ:CHDN) Takes On Some Risk With Its Use Of Debt

Jan 08
Churchill Downs (NASDAQ:CHDN) Takes On Some Risk With Its Use Of Debt

Churchill Downs: Ellis Park Acquisition Should Accelerate Growth

Oct 19

Churchill Downs to divest 49% of United Tote to New York Racing Association

Aug 12

Churchill Downs Q2 2022 Earnings Preview

Jul 26

Shareholder Returns

CHDNUS HospitalityUS Market
7D-0.4%2.1%2.8%
1Y-2.5%26.1%24.5%

Return vs Industry: CHDN underperformed the US Hospitality industry which returned 26.1% over the past year.

Return vs Market: CHDN underperformed the US Market which returned 24.5% over the past year.

Price Volatility

Is CHDN's price volatile compared to industry and market?
CHDN volatility
CHDN Average Weekly Movement3.5%
Hospitality Industry Average Movement5.7%
Market Average Movement6.3%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

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 (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18756,815Bill Carstanjenwww.churchilldownsincorporated.com

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 and The Rose Gaming Resorts.

Churchill Downs Incorporated Fundamentals Summary

How do Churchill Downs's earnings and revenue compare to its market cap?
CHDN fundamental statistics
Market capUS$9.70b
Earnings (TTM)US$410.90m
Revenue (TTM)US$2.67b

23.7x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CHDN income statement (TTM)
RevenueUS$2.67b
Cost of RevenueUS$1.75b
Gross ProfitUS$919.80m
Other ExpensesUS$508.90m
EarningsUS$410.90m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.59
Gross Margin34.43%
Net Profit Margin15.38%
Debt/Equity Ratio433.6%

How did CHDN perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

7%

Payout Ratio

Does CHDN pay a reliable dividends?

See CHDN dividend history and benchmarks
When do you need to buy CHDN by to receive an upcoming dividend?
Churchill Downs dividend dates
Ex Dividend DateDec 06 2024
Dividend Pay DateJan 03 2025
Days until Ex dividend21 days
Days until Dividend pay date7 days

Does CHDN pay a reliable dividends?

See CHDN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 02:04
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Churchill Downs Incorporated is covered by 23 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zachary SilverbergBerenberg
Shaun KelleyBofA Global Research
Justin SebastianoBrean Capital