La chaîne d'options affiche les données clés des options sur actions de Churchill Downs à différents prix d'exercice et dates d'expiration. Les traders utilisent ces informations pour analyser les transactions potentielles et évaluer le sentiment du marché pour Churchill Downs..

Churchill Downs (NASDAQ:CHDN) Stock, Chaîne d'Options

CHURCHILL DOWNS INC

Churchill Downs

Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.

Churchill Downs, Incorporated - Common Stock

Churchill Downs Inc

Churchill Downs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NYSE">CHDN</a>) short percent of float has fallen 4.17% since its last report. The company recently reported that it has 1.67 million shares sold short, which is 2.76% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.22 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Churchill Downs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747065628_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Churchill Downs has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Churchill Downs's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Churchill Downs's peer group average for short interest as a percentage of float is 5.40%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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CHDN

How Is The Market Feeling About Churchill Downs?

JMP Securities analyst Jordan Bender reiterates Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) with a Market Outperform and maintains $144 price target.

News

Price Target

Reiteration

Analyst Ratings

JMP Securities Reiterates Market Outperform on Churchill Downs, Maintains $144 Price Target

The 151st<a href="https://www.benzinga.com/topic/kentucky-derby"> Kentucky Derby </a>kicks takes place Saturday and will see multiple horses compete in one of the top horse races of the year and as the first step to winning a Triple Crown.
Here's a look at how to watch the race, the betting odds and some of the famous horse owners.
How to Watch 2025 Kentucky Derby: The 2025 Kentucky Derby takes place on Saturday, May 3, from Churchill Downs, which is a unit of Churchill Downs Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>).
The track will host a full lineup of races during the day, with the Kentucky Derby expected to begin at 6:57 p.m. ET.
Live coverage of the Kentucky Derby and some of the other races of the day begins at 2:30 p.m. ET on NBC and streams on Peacock, <a href="https://www.benzinga.com/news/24/05/38653545/kentucky-derby-hits-best-viewership-since-1989-record-betting-handle-why-investors-should-be-watchin" target="_blank" rel="noopener">which is a unit</a> of Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>).
Betting Odds: Hundreds of millions of dollars will be bet on the Kentucky Derby with sportsbooks like DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) and Flutter Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLUT#NYSE">FLUT</a>) owned FanDuel offering horse race betting.
Churchill Downs will likely be the big winner as the host of the race. The company set betting records for betting handle for last year's full Saturday card and the Kentucky Derby race.
Here are the current betting odds for the 2025 Kentucky Derby, which will likely continuously change up until post time of the race.
<ul>
<li>1. Citizen Bull, 20-1</li>
<li>2. Neoequos, 30-1</li>
<li>3. Final Gambit, 30-1</li>
<li>5. American Promise, 30-1</li>
<li>6. Admire Daytona, 30-1</li>
<li>7. Luxor Café, 15-1</li>
<li>8. Journalism, 3-1</li>
<li>9. Burnham Square, 12-1</li>
<li>11. Flying Mohawk, 30-1</li>
<li>12. East Avenue, 20-1</li>
<li>13. Publisher, 20-1</li>
<li>14. Tiztastic, 20-1</li>
<li>15. Render Judgment, 30-1</li>
<li>16. Coal Battle, 30-1</li>
<li>17. Sandman, 6-1</li>
<li>18. Sovereignty, 5-1</li>
<li>19. Chunk of Gold, 30-1</li>
<li>20. Owen Almighty, 30-1</li>
<li>21. Baeza, 12-1</li>
</ul>
The odds come with two horses scratched ahead of the race.
Along with sportsbooks offering bets on the Kentucky Derby, prediction marketplace Polymarket also has a market for the race. Journalism is the favorite on <a href="https://polymarket.com/event/2025-kentucky-derby-winner">Polymarket </a>at 27%, followed by Sovereignty at 15% and Sandman at 13%.
Read Also:<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40320519/churchill-downs-analyst-bullish-about-kentucky-derby-new-virginia-gaming-resort-sus"> Churchill Downs Analyst Bullish About Kentucky Derby, New Virginia Gaming Resort: &#8216;Sustainable Double-Digit Growth&#8217;</a>
 Famous Owners: Several of the horses taking part in the 2025 Kentucky Derby have famous owners that include celebrities, athletes, social media influencers and public company CEOs among their ownership groups.
Kentucky Derby favorite Journalism counts media magnate John Malone as a co-owner. Malone is the Chairman of Liberty Media (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LLYVA#NASDAQ">LLYVA</a>), Liberty Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBTYA#NASDAQ">LBTYA</a>) and other media ventures.
Famous billionaire investor George Soros is the owner of SF Racing Syndicate, who was scheduled to have two horses in this year's Kentucky Derby. Rodriguez has been scratched, leaving Soros with Citizen Bull as his lone horse in the race. Just like hoping for a bull stock market, Soros will be hoping for a bull to win the Derby.  
Render Judgment is co-owned by Dream Walkin' Farms, a horse racing venture started by late country singer Toby Keith. The racing venture is now run by Keith's sister Tonni Covel, as <a href="https://www.kentucky.com/sports/horses/kentucky-derby/article305227166.html">reported </a>by the Lexington Herald Leader. Keith dreamed of having a horse in the Kentucky Derby and while he isn't alive to see that feat come true, he was close to living out that legacy.
Sandman is co-owned by St. Elias Stables. Vincent Viola, who is the founder and Executive Chairman of Virtu Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>), is the owner of St. Elias Stables. Viola also owns the Florida Panthers NHL team.
Social media influencer Griffin Johnson is also included in the ownership group for Sandman.
Dutch Bros Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) co-founder and Executive Chairman Travis Boersma owns the Flying Dutchmen racing operation, which owns Owen Almighty. Fans of the coffee chain may be rooting for Owen Almighty to win the race.
Flying Mohawk is owned by Two Eight Racing, a venture from former MLB player Jayson Werth. The former MLB player also had a horse in last year's Kentucky Derby. Werth played for the Toronto Blue Jays, Los Angeles Dodgers, Philadelphia Phillies and Washington Nationals during his MLB career.
Grande, who was one of the horses scratched, is owned by Mike Repole. The beverage titan is best known for founding Vitaminwater maker Glaceau and BodyArmor, two companies that are owned or co-owned by The Coca-Cola Company.
Those watching and betting on the Kentucky Derby can choose based on a horse&#8217;s name, their racing history, betting odds or perhaps based on rooting interest in one of the famous co-owners.
Read Next: 
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<li><a href="https://www.benzinga.com/25/03/44401483/ford-renews-exclusive-partnership-with-kentucky-derby-expands-brand-presence-through-2029">Ford Renews Exclusive Partnership with Kentucky Derby, Expands Brand Presence Through 2029</a></li>
</ul>
Photo: Shutterstock

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Kentucky Derby 2025: How To Watch, Betting Odds, And Horses Backed By Dutch Bros Founder, John Malone, George Soros

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer called <a href="https://www.benzinga.com/quote/CHDN">Churchill Downs Incorporated </a>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) a &#8220;one-trick pony.&#8221;
On April 25, Barclays analyst Brandt Montour maintained a Churchill Downs rating of Overweight and lowered the price target from $125 to $124, while Mizuho analyst Ben Chaiken maintained the stock with an Outperform rating and reduced the price target from $140 to $137.
&#8220;I would indeed start a position, and I have been very on negative on UnitedHealth,&#8221; Cramer said. &#8220;I would start a potion at $400. That's a big change for me.&#8221;
On the earnings front, UnitedHealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) reported first-quarter revenue of $109.58 billion on April 21, missing analyst estimates of $ 111.60 billion, according to Benzinga Pro. The company reported first-quarter adjusted earnings of $7.20 per share, missing estimates of $7.29 per share.
&#8220;If you want to be in that space, let's just go buy Dell (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>),&#8221; Cramer said when asked about Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>).
According to recent news, Super Micro reported weak preliminary results for the third quarter after the market close on Tuesday, citing delayed customer platform decisions that pushed sales into the fourth quarter. The company now expects to report third-quarter revenue of $4.5 billion to $4.6 billion, down from prior guidance of $5 billion to $6 billion. Super Micro also expects third-quarter adjusted earnings to be in the range of 29 cents to 31 cents per share, down from prior guidance of <a href="https://in.benzinga.com/news/earnings/25/04/45086254/super-micro-computer-stock-is-tanking-after-hours-whats-fueling-the-sell-off">46 cents to 62 cents per share</a>.
Price Action:
<ul>
<li>UnitedHealth shares gained 0.5% to settle at $411.44 on Wednesday.</li>
<li>Churchill Downs shares fell 1.1% to close at $90.41 during the session.</li>
<li>Super Micro Computer shares dipped 11.5% to settle at $31.86 on Wednesday.</li>
</ul>
Read Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/04/45098110/top-2-materials-stocks-that-may-fall-off-a-cliff-this-quarter">Top 2 Materials Stocks That May Fall Off A Cliff This Quarter</a></li>
</ul>
Photo: Shutterstock

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Jim Cramer: This Consumer Cyclical Stock Is A 'One-Trick Pony'

Mizuho analyst Ben Chaiken maintains Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) with a Outperform and lowers the price target from $140 to $137.

Mizuho Maintains Outperform on Churchill Downs, Lowers Price Target to $137

Barclays analyst Brandt Montour maintains Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) with a Overweight and lowers the price target from $125 to $124.

Barclays Maintains Overweight on Churchill Downs, Lowers Price Target to $124

Macquarie analyst Chad Beynon maintains Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) with a Outperform and lowers the price target from $172 to $154.

Macquarie Maintains Outperform on Churchill Downs, Lowers Price Target to $154

WIIM

Churchill Downs shares are trading lower. The company reported Q1 financial results.

Churchill Downs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NYSE">CHDN</a>) short percent of float has fallen 4.36% since its last report. The company recently reported that it has 1.62 million shares sold short, which is 2.63% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.79 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Churchill Downs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745514020_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Churchill Downs has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Churchill Downs's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Churchill Downs's peer group average for short interest as a percentage of float is 5.36%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Churchill Downs's Recent Short Interest

JMP Securities analyst Jordan Bender reiterates Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) with a Market Outperform and maintains $157 price target.

JMP Securities Reiterates Market Outperform on Churchill Downs, Maintains $157 Price Target

Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $1.01 by 5.94 percent. This is a 5.31 percent decrease over earnings of $1.13 per share from the same period last year. The company reported quarterly sales of $642.60 million which beat the analyst consensus estimate of $642.17 million by 0.07 percent. This is a 8.75 percent increase over sales of $590.90 million the same period last year.

Earnings

Earnings Beats

Churchill Downs Q1 Adj. EPS $1.07 Beats $1.01 Estimate, Sales $642.60M Beat $642.17M Estimate

Truist Securities analyst Barry Jonas maintains Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) with a Buy and lowers the price target from $162 to $155.

Truist Securities Maintains Buy on Churchill Downs, Lowers Price Target to $155

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EGBN

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Earnings Scheduled For April 23, 2025

Susquehanna analyst Joseph Stauff maintains Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) with a Positive and lowers the price target from $150 to $136.

Susquehanna Maintains Positive on Churchill Downs, Lowers Price Target to $136

Mizuho analyst Ben Chaiken maintains Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) with a Outperform and lowers the price target from $148 to $140.

Mizuho Maintains Outperform on Churchill Downs, Lowers Price Target to $140

7 analysts have shared their evaluations of Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $152.14, along with a high estimate of $166.00 and a low estimate of $125.00. A 6.38% drop is evident in the current average compared to the previous average price target of $162.50. 
<img src="https://www.benzinga.com/files/images/story/2025/1744405264_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A comprehensive examination of how financial experts perceive Churchill Downs is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
&#x7C; Analyst &#x7C; Analyst Firm &#x7C; Action Taken &#x7C; Rating &#x7C;Current Price Target&#x7C; Prior Price Target &#x7C; 
&#x7C;--------------------&#x7C;--------------------&#x7C;---------------&#x7C;-----------------&#x7C;--------------------&#x7C;--------------------&#x7C; 
&#x7C;Brandt Montour &#x7C;Barclays &#x7C;Announces &#x7C;Overweight &#x7C; $125.00&#x7C;- &#x7C; 
&#x7C;Jeffrey Stantial &#x7C;Stifel &#x7C;Lowers &#x7C;Buy &#x7C; $142.00&#x7C;$161.00 &#x7C; 
&#x7C;Jeffrey Stantial &#x7C;Stifel &#x7C;Lowers &#x7C;Buy &#x7C; $161.00&#x7C;$164.00 &#x7C; 
&#x7C;Daniel Politzer &#x7C;Wells Fargo &#x7C;Lowers &#x7C;Overweight &#x7C; $158.00&#x7C;$165.00 &#x7C; 
&#x7C;Ben Chaiken &#x7C;Mizuho &#x7C;Lowers &#x7C;Outperform &#x7C; $148.00&#x7C;$151.00 &#x7C; 
&#x7C;Daniel Politzer &#x7C;Wells Fargo &#x7C;Lowers &#x7C;Overweight &#x7C; $165.00&#x7C;$168.00 &#x7C; 
&#x7C;Aaron Hecht &#x7C;JMP Securities &#x7C;Maintains &#x7C;Market Outperform&#x7C; $166.00&#x7C;$166.00 &#x7C;
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Churchill Downs. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Churchill Downs compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Churchill Downs's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Churchill Downs's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/CHDN/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Churchill Downs analyst ratings.</a>
<h2>Delving into Churchill Downs's Background</h2>
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
<h3>Breaking Down Churchill Downs's Financial Performance</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Positive Revenue Trend: Examining Churchill Downs's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 11.23% as of 31 December, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Churchill Downs's net margin excels beyond industry benchmarks, reaching 11.49%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Churchill Downs's ROE stands out, surpassing industry averages. With an impressive ROE of 6.58%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Churchill Downs's ROA excels beyond industry benchmarks, reaching 0.99%. This signifies efficient management of assets and strong financial health.
Debt Management: Churchill Downs's debt-to-equity ratio is below the industry average. With a ratio of 4.54, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>What Are Analyst Ratings?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

What Analysts Are Saying About Churchill Downs Stock

Barclays analyst Brandt Montour initiates coverage on Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) with a Overweight rating and announces Price Target of $125.

Initiation

Barclays Initiates Coverage On Churchill Downs with Overweight Rating, Announces Price Target of $125

Stifel analyst Jeffrey Stantial maintains Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) with a Buy and lowers the price target from $161 to $142.

Stifel Maintains Buy on Churchill Downs, Lowers Price Target to $142

BofA Securities analyzes the extent of tariffs and the macroeconomic situation&#8217;s effect on the earnings of gaming and lodging companies.
Since BofA&#8217;s previous report on April 1, stocks in the lodging and gaming sector have dropped 11% % -25 %, underperforming the S&amp;P 500's 16% decline.
Rising tariffs have significantly increased recession risks, with the sector now pricing in an 85% % -100 % chance of a downturn.
Investor concerns have escalated from market correction to a potential full-scale recession. A tariff-driven slowdown could cut sector revenues by 2%–4% and EBITDA by 3%–8%.
Recessions differ in nature, but the past three saw average peak-to-trough GDP drops of 5.1% and 10% in RevPAR.
According to the analyst, sub-sector sensitivity varies, with regional gaming and skiing less affected, while hotels and timeshares are more exposed. 
Also Read: <a href="https://www.benzinga.com/news/25/04/44698868/tariffs-recession-fears-could-derail-wayfair-rh-and-etsy-says-analyst">Tariffs, Recession Fears Could Derail Wayfair, RH And Etsy, Says Analyst</a>
Earnings risk is highest for gaming operators and lodging REITs due to their high operating leverage. COVID and GFC downturns lasted about 67 days; current declines are 55 days in, said the analyst.
A 1% GDP decline could reduce hotel RevPAR by 2%–4%, broader sector revenue by 2%–4%, and EBITDA by 3%–8%.
Tariffs are projected to impact GDP by 1%–1.5%, amplifying pressure on hospitality earnings.
Early data from Apple Hospitality REIT Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APLE#NYSE">APLE</a>) signals underperformance, with potential RevPAR guidance cuts of 2% to 3% and flat growth for the U.S. in 2025.
Domestic gaming stocks are currently trading at notably low valuations, with 2025 EBITDA multiples at 6.5x and free cash flow yields at 15%, while operating companies are at 6.3x and 20%, respectively, said the analyst.
These figures sit one standard deviation below long-term averages, hitting levels last seen in 2022 and even lower than in 2016 and 2018. 
Lodging C-Corps are also below historical norms, except for Hilton Hotels Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLT#NYSE">HLT</a>), which still trades at a premium.
Lodging REITs have dropped to valuation lows only previously observed during the COVID-19 and Global Financial crises.
Meanwhile, timeshare valuations are also depressed, and Vail Resorts Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTN#NYSE">MTN</a>) is now trading at its lowest multiple since 2011.
Read Next: <a href="https://www.benzinga.com/25/04/44717332/why-is-ev-maker-mullen-automotive-stock-tanking-today">Why Is EV Maker Mullen Automotive Stock Tanking Today?</a>
Photo: Shutterstock

Analyst Color

General

APLE

PENN

WYNN

BofA Flags Rising Risks For Gaming And Lodging Firms As Valuations Tumble

Churchill Downs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NYSE">CHDN</a>) short percent of float has risen 15.55% since its last report. The company recently reported that it has 1.69 million shares sold short, which is 2.75% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.57 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Churchill Downs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743619517_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Churchill Downs has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Churchill Downs's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Churchill Downs's peer group average for short interest as a percentage of float is 5.25%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Is Churchill Downs Gaining or Losing Market Support?

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Churchill Downs Incorporated Reports 2024 Fourth Quarter and Full Year Results

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Churchill Downs Incorporated 2025 First Quarter Financial Results Conference Call Invitation

Churchill Downs Incorporated Reports 2025 First Quarter Results

Churchill Downs Incorporated Announces Updates on Capital Projects for Churchill Downs Racetrack

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