Churchill Downs Incorporated Stock News

LOUISVILLE, Ky., June 11, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release second quarter 2025 financial results after the market closes on Wednesday, July 23, 2025, and host a related conference call to discuss the quarter on Thursday, July 24, 2025, at 9 a.m. ET.

We initiate on Churchill Downs Incorporated with a Strong Buy rating, based on a unique combination of margin expansion, capital discipline, and high conviction in above-consensus earnings growth. Our implied valuation is supported by a PT of $131 per share, based on 18x FY26E forward P/E multiple. We estimate FY25E diluted EPS of $6.45 and FY26E diluted EPS of $7.30, which represents 13% annua...

New All-Time Handle Record Set for the Kentucky Derby Race, Kentucky Derby Day Program, and Kentucky Derby Week Races New All-Time Handle Record Set for the Kentucky Derby Race, Kentucky Derby Day Program, and Kentucky Derby Week Races

LOUISVILLE, Ky., May 02, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") announced Good Cheer captured the Lilies in the 151st running of the Longines Kentucky Oaks in a field of 13 and sloppy track conditions. Under mostly cloudy skies, more than 100,000 excited racegoers gathered to watch America's premier race for 3-year-old fillies.

Churchill Downs Incorporated is the owner of the track where the famed namesake race is run —and some analysts say its stock has plenty of upside right now

Top racehorses will run in the Kentucky Derby on Saturday, but a planned nearly $1 billion revamp of facilities at the Churchill Downs racetrack that hosts the famous race is on hold.

Churchill Downs has paused a $900 million capital improvement project due to global uncertainty. CEO Bill Carstanjen said this year's Kentucky Derby on Saturday is on pace to match last year's in terms of demand.

Churchill Downs Inc. NASDAQ: CHDN delivered record revenue and solid earnings in the just-ended quarter. However, some unexpected news about a previously announced renovation is causing the stock to drop more than 16% in after-hours trading.