The Churchill Downs Inc (CHDN) share price is expected to increase by 17.13% over the next year. This is based on calculating the average 12-month share price estimate provided by 11 stock analysts who have covered CHDN. Price targets range from $151 at the low end to $172 at the high end. The current analyst consensus for CHDN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 11 Wall Street analysts have assignedCHDN 11 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Churchill Downs Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CHDN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CHDN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Barry Jonas Truist Securities | Buy | $165 | Reiterates | Oct 25, 2024 |
Ben Chaiken Mizuho | Outperform | $151 | Maintains | Oct 22, 2024 |
Daniel Politzer Wells Fargo | Overweight | $168 | Maintains | Oct 17, 2024 |
Jordan Bender JMP Securities | Market Outperform | $166 | Reiterates | Oct 14, 2024 |
Shaun Kelley B of A Securities | Buy | $155 | Upgrade | Aug 12, 2024 |
Jeffrey Stantial Stifel | Buy | $164 | Maintains | Jul 26, 2024 |
Jordan Bender JMP Securities | Market Outperform | $166 | Maintains | Jul 26, 2024 |
Ben Chaiken Mizuho | Outperform | $157 | Maintains | Jul 26, 2024 |
Chad Beynon Macquarie | Outperform | $162 | Maintains | Jul 26, 2024 |
Daniel Politzer Wells Fargo | Overweight | $161 | Maintains | Jul 26, 2024 |
Barry Jonas Truist Securities | Buy | $166 | Reiterates | Jul 26, 2024 |
Jeffrey Stantial Stifel | Buy | $160 | Reiterates | Jul 22, 2024 |
Barry Jonas Truist Securities | Buy | $165 | Maintains | Jul 18, 2024 |
Jordan Bender JMP Securities | Market Outperform | $158 | Maintains | Jul 17, 2024 |
Daniel Politzer Wells Fargo | Overweight | $150 | Maintains | Jul 16, 2024 |
David Katz Jefferies | Buy | $160 | Maintains | Jul 11, 2024 |
Jordan Bender JMP Securities | Market Outperform | $156 | Reiterates | May 6, 2024 |
Jeffrey Stantial Stifel | Buy | $153 | Maintains | Apr 26, 2024 |
Ben Chaiken Mizuho | Buy | $143 | Maintains | Apr 26, 2024 |
Barry Jonas Truist Securities | Buy | $145 | Maintains | Apr 26, 2024 |
When did it IPO
1993
Staff Count
5,660
Country
United States
Sector/Industry
Consumer Cyclical/Gambling
CEO
Mr. William C. Carstanjen
Market Cap
$10.23B
In 2023, CHDN generated $2.46B in revenue, which was a increase of 36.02% from the previous year. This can be seen as a signal that CHDN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
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Why It Matters - Dividend increases signal company stability and financial health, attracting income-focused investors. Lancaster Colony and McDonald's exemplify strong dividend growth, enhancing their appeal in the market.
Summary - CHDN, LZB, MKC, and AIZ have all announced increases in their dividends, signaling potential positive returns for investors.
Why It Matters - Dividend hikes from CHDN, LZB, MKC, and AIZ signal strong financial health and a commitment to returning value to shareholders, potentially attracting more investors and boosting stock prices.
Summary - Stocks SNA, GFF, CHDN, and ROP have announced increases in their dividends, signaling potential positive cash flow and returns for investors.
Why It Matters - Dividend hikes indicate strong financial health and confidence in future earnings, which can attract more investors and drive stock prices higher.
Summary - Snap-on, Griffon, Churchill Downs, and Roper Technologies are highlighted in a recent Analyst Blog, indicating potential investment interest in these companies.
Why It Matters - The inclusion of Snap-on, Griffon, Churchill Downs, and Roper Technologies in an Analyst Blog may signal positive insights or recommendations, potentially impacting stock performance and investor sentiment.
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Why It Matters - The $460 million investment boosts Virginia's economy, enhances tourism, and supports local industries, potentially increasing revenue and property values, influencing market sentiment positively.
Summary - Churchill Downs Incorporated (NASDAQ:CHDN) will hold its Q3 2024 earnings conference call on October 24, 2024, at 9:00 AM ET, featuring key executives and financial analysts.
Why It Matters - The upcoming Q3 2024 earnings call for Churchill Downs will provide insights into the company's financial performance, potentially impacting stock valuation and investor sentiment.