Churchill Downs Incorporated (CHDN)

Currency in USD
85.56
-1.17(-1.35%)
Closed·
85.630.00(0.00%)
·
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Fair Value
Day's Range
85.2586.86
52 wk Range
80.24118.46
Key Statistics
Prev. Close
86.73
Open
86.86
Day's Range
85.25-86.86
52 wk Range
80.24-118.46
Volume
490.35K
Average Volume (3m)
1.04M
1-Year Change
-12.0748%
Book Value / Share
15.73
Fair Value
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Fair Value Upside
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CHDN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
137.33
Upside
+60.51%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 15 consecutive years
Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

12 Buy
0 Hold
0 Sell
Ratings:
12 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 137.33
(+60.51% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Wells Fargo
Buy132.00+54.28%130.00Maintain24/04/2026
Citizens
Buy149.00+74.15%146.00Maintain24/04/2026
Mizuho
Buy155.00+81.16%146.00Maintain24/04/2026
Stifel
Buy139.00+62.46%137.00Maintain23/04/2026
Stifel
Buy137.00+60.12%137.00Maintain23/04/2026

Churchill Downs Incorporated SWOT Analysis


HRM Growth Engine
Churchill Downs' strategic focus on historical horse racing machines drives significant revenue growth, with a projected 60% EBITDA increase from 2023 to 2026
Racetrack Renaissance
Explore Churchill Downs' $900 million investment in its flagship racetrack, aiming to boost track EBITDA by 75% and enhance the iconic Kentucky Derby experience
Market Resilience
Delve into Churchill Downs' performance amid regional gaming softness, showcasing its diversified revenue streams and strategic adaptability
Future Prospects
Analyst price targets range from $157 to $166, reflecting confidence in Churchill Downs' growth strategy and potential for margin improvement across its portfolio
Read full SWOT analysis

Churchill Downs Incorporated Earnings Call Summary for Q1/2026

  • Churchill Downs Q1 2026 EPS of $1.21 beat forecasts by 18.63%; record revenues reached $663M, driving 8.29% premarket stock surge to $91.7
  • Adjusted EBITDA hit $257M with free cash flow of $276M ($3.94/share), reflecting strong operational leverage across core business segments
  • Strategic acquisitions including Preakness Stakes IP and new gaming product launches bolstered Live Racing and Wagering Services performance
  • CEO Carstanjen highlighted diversified business model strength; company projects continued growth through venue expansion and product innovation
  • Key risks include weather disruptions, Virginia market competition, legislative uncertainties, and potential economic impacts on gaming spending
Last Updated: 23/04/2026, 15:08
Read Full Transcript

Earnings

Latest Release
22/04/2026
EPS / Forecast
1.21 / 1.02
Revenue / Forecast
663M / 661.47M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 5.49%
Dividend Yield
0.50%
Industry Median 2.26%
Annualised payout
0.44
Paid unevenly
5-Years Growth
+7.09%
Growth Streak

Compare CHDN to Peers and Sector

Metrics to compare
CHDN
Peers
Sector
Relationship
P/E Ratio
15.4x122.3x10.3x
PEG Ratio
−5.066.850.02
Price/Book
5.4x15.6x1.4x
Price / LTM Sales
2.0x4.2x0.9x
Upside (Analyst Target)
60.3%27.4%31.1%
Fair Value Upside
Unlock−5.7%12.0%Unlock

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. The Wagering Services and Solutions engages in pari-mutuel wagers through TwinSpires, which operates the online horse racing wagering business for TwinSpires.com, BetAmerica.com, and other white-label platforms; facilitates dollar wagering; provides the Bloodstock Research Information Services platform for horse racing statistical data; offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides technology services to third parties. This segment also operates retail and online sports betting businesses, United Tote, which manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses, and Exacta, which provides central determinant system technology in HRMs. The Gaming segment operates the casino properties and associated racetracks, which include slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, racing event-related services, and other miscellaneous operations. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
31.09M44.61%2.70B
Other Institutional Investors
25.40M36.45%2.20B
Public Companies & Retail Investors
13.20M18.94%1.14B
Total
69.7M100.00%6.04B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.8.90%6,202,982537,985
The Vanguard Group, Inc.8.66%6,036,416523,538

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FAQ

What Is the Churchill Downs (NASDAQ: CHDN) Share Price Today?

The Churchill Downs stock price today is 85.56 USD.

What Stock Exchange Does Churchill Downs (CHDN) Trade On?

Churchill Downs is listed and trades on the Nasdaq Stock Exchange.

What Is the Ticker (Stock Symbol) for Churchill Downs?

The stock symbol (also called a 'ticker') for Churchill Downs is "CHDN."

Does Churchill Downs Pay Dividends? What’s The Current CHDN Dividend Yield?

Yes, CHDN Pays Dividends to its Shareholders. The current Churchill Downs dividend yield is 0.51%.

What Is the Current Churchill Downs Market Capitalisation?

As of today, Churchill Downs (NASDAQ: CHDN) market cap is 5.95B USD.

What Is Churchill Downs's (CHDN) Earnings Per Share (TTM)?

The Churchill Downs EPS is currently 5.49 (Trailing Twelve Months).

When Is the Next Churchill Downs Earnings Date?

Churchill Downs's next earnings report will be released on 29/07/2026.

Is CHDN a Buy or Sell From a Technical Analyst Perspective?

Based on today's Churchill Downs moving averages and other technical indicators, the daily buy/sell signal for CHDN stock is Strong Sell.

How Many Times Has Churchill Downs Stock Split?

Churchill Downs has split 4 times. (See the CHDN stock split history page for full effective split date and price information.)

How Many Employees Does Churchill Downs Have?

Churchill Downs has 7800 employees, based on their latest Companies House report.

What is the current trading status of Churchill Downs (NASDAQ: CHDN)?

As of 20/05/2026, Churchill Downs (CHDN) is trading at a share price of 85.56 USD, with a previous close of 86.73 USD. The stock has fluctuated within a day range of 85.25 USD to 86.86 USD, while its 52-week range spans from 80.24 USD to 118.46 USD.

What Is Churchill Downs (CHDN) Price Target According to Analysts?

The average 12-month price target for Churchill Downs is 137.33 USD, with a high estimate of 155 USD and a low estimate of 110 USD. 12 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +60.51% Upside potential.

What Is the CHDN Premarket Price?

CHDN's last pre-market stock price is 87.20 USD. The pre-market share volume is 30.00, and the stock has decreased by 0.47, or 0.54%.
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