Churchill Downs Incorporated (CHDN)

Churchill Downs Incorporated is a common stock listing on NASDAQ representing the equity of a U.S. company involved in live and historical racing entertainment, online wagering, and regional casino gaming. Its operations are organized into three segments. The Live and Historical Racing segment includes activities at Churchill Downs Racetrack and historical racing properties in Kentucky, Virginia, and New Hampshire, along with event-related services such as admissions, sponsorships, television rights, food and beverage sales, and personal seat licenses. The Wagering Services and Solutions segment covers pari-mutuel wagering through TwinSpires and other platforms, racing data and streaming services, technology offerings for third parties, retail and online sports betting, United Tote wagering systems, and Exacta technology. The Gaming segment operates casino properties and related racetracks with slot machines, table games, electronic gaming devices, hotel services, and ancillary food and beverage operations. Founded in 1875, the company is headquartered in Louisville, Kentucky.


Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-CHDN
$118.52
42.0% Upside
Undervalued
$136
62.9% Upside
Bargain
Good
0.438
0.5%
July 29, 2026
15.0x
5.3x
2.0x
5.834 B
10.014 B
46.0%
94.4%
2.1
7.9%
145.3%
Valuation • Fair Value

Churchill Downs Incorporated (NASDAQ-CHDN) Fair Value by Valuation Model

Compare the primary fair value estimate for Churchill Downs Incorporated (NASDAQ-CHDN) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$118.52

Estimated upside of 42.0% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

$130.31

Discounted cash flow valuation reference.

Ben Graham Formula Value

$61.77

Classic Ben Graham valuation formula reference.

DDM Fair Value

$94.70

Dividend discount model valuation reference.

EPV Fair Value

NM

Earnings power value estimate.

Comps Fair Value

$114.66

Comparable-company valuation reference.

Analyst Price Target

$136

Analysts imply upside of 62.9%.

How to read these valuation models

Use this section to compare the primary fair value estimate for Churchill Downs Incorporated (NASDAQ-CHDN) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for Churchill Downs Incorporated (NASDAQ-CHDN)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

2.946 B

Current operating scale indicator.

Revenue Forecast

3.026 B

Forward revenue estimate.

EBITDA

962.7 M

Current operating profitability reference.

EBITDA Forecast

1.248 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Churchill Downs Incorporated (NASDAQ-CHDN) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Churchill Downs Incorporated (NASDAQ-CHDN)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Good

Positive financial-health read.

Piotroski Score

7

Relatively strong quality score.

Beneish M-Score

-2.89

No elevated caution signal from this screen.

Altman Z-Score

2.1

Intermediate risk zone.

FCF / Net Income

145.3%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Churchill Downs Incorporated (NASDAQ-CHDN). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Churchill Downs Incorporated (NASDAQ-CHDN)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

July 29, 2026

Days to Earnings

8

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

0.5%

Income yield reference.

Upcoming Dividend

0.438

Upcoming distribution amount.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

USD

Currency used for the distribution.

Payout Ratio

7.9%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Churchill Downs Incorporated (NASDAQ-CHDN), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Churchill Downs Incorporated (NASDAQ-CHDN) Stock Forecast & Technical Outlook

Review Churchill Downs Incorporated (NASDAQ-CHDN) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for Churchill Downs Incorporated (NASDAQ-CHDN) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for Churchill Downs Incorporated (NASDAQ-CHDN) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Churchill Downs Incorporated (NASDAQ-CHDN) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for Churchill Downs Incorporated (NASDAQ-CHDN) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Sell

The monthly technical read for Churchill Downs Incorporated (NASDAQ-CHDN) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Churchill Downs Incorporated (NASDAQ-CHDN)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, Churchill Downs Incorporated (NASDAQ-CHDN) has a Strong Buy consensus, with 9 buy, 0 hold and 0 sell recommendations in the current data set.

Buy 9
Hold 0
Sell 0
FAQ Fast Investor Answers

Churchill Downs Incorporated (NASDAQ-CHDN) Stock FAQ

Quick answers about Churchill Downs Incorporated (NASDAQ-CHDN) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$118.52
Estimated upside 42.0%
Valuation Rating
Undervalued
Estimated upside of 42.0%
Analyst Target
$136
Implied upside 62.9%
Financial Health
Good
Current financial-health read

The current fair value estimate for Churchill Downs Incorporated (NASDAQ-CHDN) is $118.52. This implies an estimated upside of 42.0% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 42.0% versus the current market price.

The available analyst price target for Churchill Downs Incorporated (NASDAQ-CHDN) is $136. The analyst target implies estimated upside of 62.9%.

The current financial health read for Churchill Downs Incorporated (NASDAQ-CHDN) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Churchill Downs Incorporated (NASDAQ-CHDN) is July 29, 2026.

Based on the current data, dividend yield is 0.5%, upcoming dividend amount is 0.438.

The current P/E ratio listed for Churchill Downs Incorporated (NASDAQ-CHDN) is 15.0x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Churchill Downs Incorporated is 5.834 B.

The current enterprise value listed for Churchill Downs Incorporated is 10.014 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Churchill Downs Incorporated is NASDAQ-CHDN, and the stock is listed on NASDAQ.

Churchill Downs Incorporated (NASDAQ-CHDN) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Churchill Downs Incorporated is 46.0%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Churchill Downs Incorporated is 94.4%. Free float helps investors understand how much of the share base is available for public trading.