Churchill DownsCHDN
About: Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and 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, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
Employees: 8,870
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
216% more call options, than puts
Call options by funds: $74.9M | Put options by funds: $23.7M
18% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 143
16% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 44
1.46% more ownership
Funds ownership: 76.32% [Q3] → 77.78% (+1.46%) [Q4]
1% more capital invested
Capital invested by funds: $7.56B [Q3] → $7.64B (+$77.4M) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q3] → 6 (+0) [Q4]
0% less funds holding
Funds holding: 446 [Q3] → 445 (-1) [Q4]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Jefferies David Katz 25% 1-year accuracy 7 / 28 met price target | 40%upside $127 | Buy Maintained | 25 Apr 2025 |
Mizuho Ben Chaiken 28% 1-year accuracy 15 / 54 met price target | 52%upside $137 | Outperform Maintained | 25 Apr 2025 |
Barclays Brandt Montour 40% 1-year accuracy 35 / 87 met price target | 37%upside $124 | Overweight Maintained | 25 Apr 2025 |
Macquarie Chad Beynon 28% 1-year accuracy 15 / 53 met price target | 70%upside $154 | Outperform Maintained | 24 Apr 2025 |
JMP Securities Jordan Bender 18% 1-year accuracy 10 / 56 met price target | 74%upside $157 | Market Outperform Reiterated | 24 Apr 2025 |
Financial journalist opinion
Based on 8 articles about CHDN published over the past 30 days
