CHDN Churchill Downs Dashboard

Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by iconic flagship event, the Kentucky Derby. The Company owns and operates three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines in Kentucky. It also owns and operates TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S. and it has seven retail sportsbooks. The Company is also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games.

Company profile

Ticker

CHDN

Exchange

NASDAQ

Website

www.churchilldownsincorporated.com

CEO

William Carstanjen

Incorporated

Kentucky

Location

Kentucky

Fiscal year end

Dec 31

Sector

Arts, Entertainment, and Recreation > Casinos (except Casino Hotels)

Industry (SIC)

Services - Racing, Including Track Operation

International Speedway • Canterbury Park Holding • Grand Perfecta • RC-1 • EV Transportation ...

Former names

CHURCHILL DOWNS INC, CHURCHILL DOWNS Inc

SEC CIK

0000020212

Corporate docs

Articles of Incorporation & Bylaws

IRS number

610156015

CHDN stock data

S&P 500

1M 1Y 2Y 5Y

News

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Jefferies Maintains Buy on Churchill Downs, Raises Price Target to $254

30 Jul 21

Jefferies analyst David Katz maintains Churchill Downs (NASDAQ:CHDN) with a Buy and raises the price target from $244 to $254.

Recap: Churchill Downs Q2 Earnings

28 Jul 21

Shares of Churchill Downs (NASDAQ:CHDN) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 681.13% over the past year to $3.08, which beat the estimate of $2.52.

Churchill Downs Q2 Adj. EPS $3.08 Beats $2.52 Estimate, Sales $515.10M Beat $478.63M Estimate

28 Jul 21

Churchill Downs (NASDAQ:CHDN) reported quarterly earnings of $3.08 per share which beat the analyst consensus estimate of $2.52 by 22.22 percent. This is a 681.13 percent increase over losses of $(0.53) per share from

Earnings Scheduled For July 28, 2021

28 Jul 21

Analyst Cuts Price Targets For Wynn, Las Vegas Sands As Macau Gaming Recovery Lags

15 Jul 21

Press releases

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Churchill Downs Incorporated Reports 2021 Second Quarter Results

28 Jul 21

LOUISVILLE, Ky., July 28, 2021 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (NASDAQ:CHDN) (the "Company", "we", "us", "our") today reported business results for the second quarter

Churchill Downs Incorporated Announces Multi-Year Projects to Transform the Legendary Churchill Downs Racetrack

28 Jul 21

LOUISVILLE, K.Y., July 28, 2021 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated ("CDI" or the "Company") (NASDAQ:CHDN) announced three major multi-year capital investments to transform key areas of Churchill Downs

Churchill Downs Incorporated 2021 Second Quarter Financial Results Conference Call Invitation

8 Jul 21

LOUISVILLE, Ky., July 08, 2021 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated ("CDI" or "the Company") announced today that the Company will release second quarter 2021 financial results after the market closes on

Churchill Downs Incorporated Names Jason Sauer Senior Vice President of Corporate Development

22 Jun 21

Rush Street Gaming Raises All Non-Tipped Employees' Minimum Wage to $15 Per Hour

4 Jun 21

Calendar

28 Jul 21

31 Jul 21

31 Dec 21

Financial summary

Financial statements Chart CHDN financial data

Quarter (USD)	Jun 21	Mar 21	Dec 20	Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	411.4M	411.4M	411.4M	411.4M	411.4M	411.4M
Cash burn (monthly)	(positive/no burn)	23.97M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	24.41M	n/a	n/a	n/a	n/a
Cash remaining	n/a	386.99M	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	16.1	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

CHDN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
30 Jun 21	Bridgeman Ulysses L Jr	Common Stock	Grant	Aquire A	No	No	0	78.18	0	22,730.15
30 Jun 21	Harrington Daniel P	Common Stock	Grant	Aquire A	No	No	0	185.36	0	56,720.3
30 Jun 21	Grissom Douglas C	Common Stock	Grant	Aquire A	No	No	0	153.21	0	9,236.9
6 May 21	Miller Austin W.	Common Stock	Sell	Dispose S	No	Yes	199.2669	3,000	597.8K	25,149
4 May 21	Miller Austin W.	Common Stock	Sell	Dispose S	No	Yes	205.1859	1,760	361.13K	28,149
4 May 21	Miller Austin W.	Common Stock	Sell	Dispose S	No	Yes	204.1888	1,240	253.19K	29,909

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

CHDN institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

72.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	311	317	-1.9%
Opened positions	37	50	-26.0%
Closed positions	43	40	+7.5%
Increased positions	79	83	-4.8%
Reduced positions	131	120	+9.2%

13F shares	Current	Prev Q	Change
Total value	6.34B	8.99B	-29.5%
Total shares	27.88M	28.2M	-1.1%
Total puts	83.8K	85.4K	-1.9%
Total calls	76.5K	207.7K	-63.2%
Total put/call ratio	1.1	0.4	+166.4%

Largest owners	Shares	Value	Change
BLK Blackrock	4.99M	$1.13B	+0.7%
Vanguard	3.57M	$810.87M	+8.4%
FMR	3.45M	$783.78M	-1.8%
STT State Street	1.08M	$246.59M	-2.8%
Nitorum Capital	872.4K	$198.4M	0.0%
Geode Capital Management	636.59K	$144.77M	+6.2%
Artemis Investment Management	604.47K	$137.45M	+4.0%
IVZ Invesco	591.76K	$134.58M	+39.9%
TROW T. Rowe Price	579.61K	$131.81M	-1.5%
NTRS Northern Trust	548.74K	$124.79M	-3.9%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0	-337.43K	EXIT
Vanguard	3.57M	+275.64K	+8.4%
Schroder Investment Management	333.79K	+169.39K	+103.0%
IVZ Invesco	591.76K	+168.92K	+39.9%
Millennium Management	1.9K	-113.62K	-98.4%
Arrowstreet Capital, Limited Partnership	200.01K	+104.08K	+108.5%
Balyasny Asset Management	59.31K	-87.28K	-59.5%
FMR	3.45M	-62.65K	-1.8%
American Century Companies	157.25K	-54.01K	-25.6%
Dimensional Fund Advisors	132.96K	-52.15K	-28.2%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Rush Street Interactive

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: admission, Anthony, Assembly, Baffert, bid, Bob, cardroom, compact, decouple, decoupling, Department, disqualification, dozen, enrichment, fulfilled, Interior, Jefferson, Maryland, Mattera, Medina, negligence, obstructed, oversee, racino, reserved, Spirit, statewide, tribal, tribe, turn, unjust, usage, variant, varied, venue, winner, zoning

Removed: acquired, behalf, equal, extension, Kelly, met, operational, Oxford, predicted, redeemed, remain, response, returned, scope, sponsorship, successful, Suzie, thereof, unfulfilled

From filing 10-Q 2021 Q2