Momentum Is Strong For Churchill Downs, Inc. (NASDAQ: CHDN)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NASDAQ-listed company operates within the Gambling industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Churchill Downs, Inc. is $10.28B. A total of 0.53 million shares were traded on the day, compared to an average of 408.11K shares.

In the most recent transaction, FEALY ROBERT L bought 1,000 shares of CHDN for 137.14 per share on Sep 23 ’24. In a previous transaction on Sep 09 ’24, FEALY ROBERT L bought 4,879 shares at 140.00 per share.

Among the insiders who bought shares, FEALY ROBERT L acquired of 5,121 shares on Aug 29 ’24 at a per-share price of $140.65. In another insider transaction, FEALY ROBERT L bought 18,277 shares at $139.92 per share on Aug 29 ’24.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Churchill Downs, Inc. pays an annual dividend of $0.38, resulting in a dividend yield of 0.27%, and it has a price to earnings (P/E) ratio of 25.82. CHDN’s most recent ex-dividend date was 11/30/2023 when it declared a $0.3820 quarterly dividend that was paid in cash on 1/5/2024. Previously, the company paid the dividend on 1/6/2023 with an ex-dividend date of 12/1/2022. The CHDN stock dividend was $0.3570 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CHDN has a high of $146.64 and a low of $106.45.

As of this writing, CHDN has an earnings estimate of $1.02 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of $1.17 per share and a lower estimate of $0.94. The company reported an EPS of $0.87 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CHDN’s latest balance sheet shows that the firm has $291.30M in Cash & Short Term Investments as of fiscal 2021. There were $1.97B in debt and $395.00M in liabilities at the time. Its Book Value Per Share was $14.04, while its Total Shareholder’s Equity was $306.80M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CHDN is Buy with a score of 5.00.

Most Popular

Related Posts