CHDN stock icon

Churchill Downs
CHDN

$132.99
1.2%
 

About: Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, TwinSpires, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The TwinSpires segment includes the revenue and expenses for online horse racing and the online and retail sports betting and iGaming wagering business. The 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, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.

Employees: 7,970

0
Funds holding %
of 6,656 funds
0
Analysts bullish %
of 12 analysts
0
News positive %
of 10 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

60% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 35

33% more funds holding in top 10

Funds holding in top 10: 6 [Q3] → 8 (+2) [Q4]

20% more capital invested

Capital invested by funds: $6.48B [Q3] → $7.77B (+$1.29B) [Q4]

6% more funds holding

Funds holding: 341 [Q3] → 362 (+21) [Q4]

2.62% more ownership

Funds ownership: 74.62% [Q3] → 77.23% (+2.62%) [Q4]

0% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 116

58% less call options, than puts

Call options by funds: $5.33M | Put options by funds: $12.7M

Research analyst outlook

12 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$137
3%
upside
Avg. target
$146
10%
upside
High target
$156
17%
upside

12 analyst ratings

10 positive
83%
neutral
17%
negative
0%
JMP Securities
Jordan Bender
17%upside
$156
Market Outperform
Reiterated
6 May 2024
Truist Securities
Barry Jonas
9%upside
$145
Buy
Maintained
26 Apr 2024
Stifel
Jeffrey Stantial
15%upside
$153
Buy
Maintained
26 Apr 2024
Mizuho
Ben Chaiken
8%upside
$143
Buy
Maintained
26 Apr 2024
Wells Fargo
Daniel Politzer
6%upside
$141
Overweight
Upgraded
15 Apr 2024

Financial journalist opinion

Based on 10 articles about CHDN published over the past 30 days