An Evaluation Of Churchill Downs, Inc (NASDAQ: CHDN) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

CHDN belongs to the Consumer Cyclical sector of the NASDAQ while operating in the Gambling industry. The current market capitalization of Churchill Downs, Inc is $9.05B. A total of 0.54 million shares were traded on the day, compared to an average of 447.06K 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

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Churchill Downs, Inc pays an annual dividend of $0.41, resulting in a dividend yield of 0.33%, and it has a price to earnings (P/E) ratio of 22.40. CHDN’s most recent ex-dividend date was 0.29% when it declared a $0.4090 quarterly dividend that was paid in cash on 12/6/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 0.35%. The CHDN stock dividend was $0.3820 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CHDN has a high of $150.21 and a low of $111.10.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. 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 $14.93, while its Total Shareholder’s Equity was $306.80M.

Analysts Opinion

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. 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.

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