CHDN 📈 Churchill Downs - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1714841087

CHDN: Racing, Wagering, Gaming, Casinos, Sportsbooks, Horse Racing, Betting Systems

Churchill Downs Incorporated is a multifaceted entertainment company that has been a mainstay in the US gaming and racing industry since its inception in 1875. The company's operations are segmented into three key areas: Live and Historical Racing, TwinSpires, and Gaming. This strategic division enables the company to cater to a diverse range of customers, from racing enthusiasts to casino gamers. The Live and Historical Racing segment focuses on the operation of iconic venues, including the renowned Churchill Downs, which hosts the Kentucky Derby, one of the most prestigious horse racing events globally.

The TwinSpires segment is a significant component of Churchill Downs Incorporated's business, offering an online wagering platform that allows users to bet on horse racing, sports, and iGaming. This platform is designed to provide a seamless and engaging experience for users, complete with live streaming of horse races, replays, and a wealth of racing and handicapping information. Furthermore, the company's retail sports books and casino gaming operations, including the Terre Haute Casino and The Rose Gaming Resorts, offer a comprehensive gaming experience for customers. The Bloodstock Research Information Services platform is another valuable resource provided by the company, offering statistical data and insights for the horse racing industry.

In addition to its consumer-facing operations, Churchill Downs Incorporated is also involved in the manufacture and operation of pari-mutuel wagering systems. These systems are designed for use by racetracks, off-track betting facilities, and other pari-mutuel wagering businesses, demonstrating the company's commitment to supporting the broader gaming and racing ecosystem. With its headquarters in Louisville, Kentucky, Churchill Downs Incorporated is well-positioned to continue its legacy as a leading player in the US gaming and racing industry. The company's common stock is listed on the NASDAQ under the ticker symbol CHDN, and it is classified under the GICS Sub Industry: Casinos & Gaming.

Additional Sources for CHDN Stock

CHDN Stock Overview

Market Cap in USD 10,229m
Sector Consumer Cyclical
Industry Gambling
GiC Sub-Industry Casinos & Gaming
IPO / Inception 1993-03-29

CHDN Stock Ratings

Growth 5y 68.5%
Fundamental 28.4%
Dividend 51.4%
Rel. Strength Industry -105
Analysts 4.82/5
Fair Price Momentum 131.98 USD
Fair Price DCF 53.36 USD

CHDN Dividends

Dividend Yield 12m 0.31%
Yield on Cost 5y 0.61%
Annual Growth 5y 5.67%
Payout Consistency 97.7%

CHDN Growth Ratios

Growth Correlation 3m -7.6%
Growth Correlation 12m 72.7%
Growth Correlation 5y 85.6%
CAGR 5y 14.36%
CAGR/Mean DD 5y 1.04
Sharpe Ratio 12m -0.16
Alpha -41.02
Beta 1.48
Volatility 26.10%
Current Volume 305.1k
Average Volume 20d 394.3k
What is the price of CHDN stocks?
As of December 27, 2024, the stock is trading at USD 132.25 with a total of 305,100 shares traded.
Over the past week, the price has changed by -0.38%, over one month by -5.06%, over three months by -0.57% and over the past year by -1.53%.
Is Churchill Downs a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Churchill Downs is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 28.38 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CHDN as of December 2024 is 131.98. This means that CHDN is currently overvalued and has a potential downside of -0.2%.
Is CHDN a buy, sell or hold?
Churchill Downs has received a consensus analysts rating of 4.82. Therefor, it is recommend to buy CHDN.
  • Strong Buy: 9
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0
What are the forecast for CHDN stock price target?
According to ValueRays Forecast Model, CHDN Churchill Downs will be worth about 145.3 in December 2025. The stock is currently trading at 132.25. This means that the stock has a potential upside of +9.9%.
Issuer Forecast Upside
Wallstreet Target Price 163 23.3%
Analysts Target Price 144.8 9.5%
ValueRay Target Price 145.3 9.9%