US · Consumer Cyclical · Gambling
EPS came in at 1.23 against a street estimate of 1.23 — a beat of 0.0%.
Analysts rate Churchill Downs Incorporated a strong buy (12 buy, 0 hold, 0 sell out of 12) with an average price target of $125.75.
CONFIDENT CHDN posted record third-quarter revenue and adjusted EBITDA, with Derby Week, HRMs and TwinSpires driving the focused growth strategy while regional gaming asset sales could reduce leverage. Q3 FY26 Kentucky HRMs performed strongly. Virginia faced Central Virginia competition and a $5 million new live-racing tax expense, while the Rose in Northern Virginia continued sequential growth. Rockingham Grand remains on schedule for mid-2027 opening. Analysts focused on TCS monetization, Derby Week growth, Virginia supply and asset sales. Management highlighted immediate wagering and admissions potential, continued Derby investment, flexible HRM deployment and expected year-end transactions. 2026-10-29…
Full summary in the app.
| Fund | Stake |
|---|---|
| BlackRock Inc | 8.90% |
| Vanguard Portfolio Management, LLC | 4.60% |
| Vanguard Capital Management, LLC | 4.29% |
| FMR Inc | 4.23% |
| London Company of Virginia | 3.54% |
| State Street Corp | 2.94% |
| Citadel Advisors Llc | 2.46% |
| Arrowstreet Capital Limited Partnership | 2.07% |
| Document | Date |
|---|---|
| Quarterly report · Q3 2026 HEADLINE NUMBERS • Third-quarter 2026 revenue was $696 million, up from $683 million in the third quarter of 2025. • Nine-month 2026 revenue was $2, | 2026-10-28 |
| Reg FD disclosure · Q4 2026 SHARE REPURCHASE PROGRAM • Churchill Downs Incorporated’s Board approved a new $750 million share repurchase program on October 27, 2026. • The new | 2026-10-28 |
| Board / officer change · Q4 2026 HEADLINE NUMBERS • Churchill Downs Incorporated appointed Michael Tucker as a Class II director, effective October 27, 2026. • His term expires at t | 2026-10-28 |
| Results announced · Q4 2026 HEADLINE NUMBERS • Churchill Downs Incorporated reported record third-quarter 2026 net revenue of $696 million, up $13 million, or 2%, from $683 mill | 2026-10-28 |
| Material agreement · Q3 2026 HEADLINE NUMBERS • Churchill Downs Incorporated closed a credit agreement amendment on September 25, 2026, announced September 28, 2026. • The matur | 2026-09-28 |
| Quarterly report · Q2 2026 CHURCHILL DOWNS INCORPORATED - Q2 2026 SUMMARY HEADLINE NUMBERS • Q2 2026 net income: $241 million (Q2 2025: $217 million) | 6M 2026: $324 million ( | 2026-07-29 |
| Results announced · Q3 2026 CHURCHILL DOWNS INCORPORATED Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net revenue: $980 million, up $46 million or 5% year-over-year (all-time re | 2026-07-29 |
| Company announcement · Q3 2026 CHURCHILL DOWNS INCORPORATED – FORM 8-K SUMMARY Report Date: July 29, 2026 --- BUSINESS & SEGMENT HIGHLIGHTS • Company is exploring strategic alter | 2026-07-29 |
Readable in the app.
| Action | Detail | Date |
|---|---|---|
| Dividend | $0.47 / share ex-date Dec 4, 2026 · pay Jan 5, 2027 | 2026-12-04 |
| Dividend | $0.44 / share ex-date Dec 5, 2025 · pay Jan 6, 2026 | 2025-12-05 |
| Announcement | Date |
|---|---|
| Board approved a new $750 million share repurchase program replacing the prior authorization Churchill Downs approved a new $750 million share repurchase authorization, replacing its previous $500 million program from July 2025. The new authorization includes any unused amount remai | 2026-10-28 |
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for Churchill Downs Incorporated — free to start.
Open in the appGoogle PlayApp StoreData updated 2026-11-07.