Churchill Downs Incorporated
Churchill Downs Incorporated
Your view on CHDN
Overview
What the company does, where it operates, and who runs it.
About Churchill Downs Incorporated
- Industry
- Gambling, Resorts & Casinos
- Sector
- Consumer Cyclical
- CEO
- William C. Carstanjen
- Headquarters
- 600 North Hurstbourne Parkway, Louisville, KY, US
- Industry
- Gambling, Resorts & Casinos
- Sector
- Consumer Cyclical
- CEO
- William C. Carstanjen
- Headquarters
- 600 North Hurstbourne Parkway, Louisville, KY, US
Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming.
As of December 31, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; nine retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games.
It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data.
In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.
Media
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Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Churchill Downs Incorporated, and the rating behind it. CHDN last traded at $83.86, 14.3× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Churchill Downs Incorporated. Starting points for Churchill Downs Incorporated: P/E 14.3, EPS $5.85, beta 0.67 — an Gambling, Resorts & Casinos name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Churchill Downs Incorporated. Churchill Downs Incorporated paid $0.44 per share over the last year — a 0.5% yield at the current $83.86 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Churchill Downs Incorporated. Trailing twelve-month EPS for Churchill Downs Incorporated stands at $5.85. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Churchill Downs Incorporated. Churchill Downs Incorporated has reported as a listed company since 1993. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Churchill Downs Incorporated valued side by side against its closest peers. Churchill Downs Incorporated is measured against Gambling, Resorts & Casinos peers within the Consumer Cyclical sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Churchill Downs Incorporated, and how their positions are changing. At a $5.85B market value, institutional positions materially move Churchill Downs Incorporated's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Churchill Downs Incorporated executives and directors. Shares of Churchill Downs Incorporated have traded between $85.58 and $144.23 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Churchill Downs Incorporated. Churchill Downs Incorporated is a $5.85B Consumer Cyclical company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Churchill Downs Incorporated. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Churchill Downs Incorporated. Coverage tracks Churchill Downs Incorporated within Gambling, Resorts & Casinos (Consumer Cyclical). Press releases and market coverage, newest first.