Churchill Downs Incorporated CHDN

Wall Street has set ambitious price targets for the stocks in this article. While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.

Churchill Downs (CHDN) is back in focus after the company moved to refinance its balance sheet through a proposed $500 million senior secured Term Loan B due 2033 and related debt actions. Recent trading tells a mixed story. Churchill Downs’ share price is down 11.3% over the past 30 days and 28.1% year to date, while the 1 year total shareholder return has declined 17.6%. This suggests that momentum has been fading despite the latest refinancing announcement. Scan how Churchill Downs’...

Churchill Downs Incorporated (NASDAQ:CHDN) priced a $500 million senior secured term loan due in 2033 on September 17. The borrowing carries interest at the Secured Overnight Financing Rate, or SOFR, plus 175 basis points. Its 99.875% issue price implies $499.375 million before fees and expenses. Proceeds are intended to repay existing Term Loan B and […]

LOUISVILLE, Ky., Sept. 21, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release third quarter 2026 financial results after the market closes on Wednesday, October 28, 2026, and host a related conference call to discuss the quarter on Thursday, October 29, 2026, at 9 a.m. ET. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at https://ir.churchilldownsincorporated.com/ev

LOUISVILLE, Ky., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” “the Company”) announced today that it successfully priced its previously announced $500 million in aggregate principal amount of senior secured Term Loan B due 2033 (“2033 TLB”). The 2033 TLB priced at SOFR plus 175 basis points and issued at 99.875% of the principal amount. CDI intends to use the net proceeds from 2033 TLB (i) to repay outstanding Term Loan B loans, (ii) to repay outstanding

Rock-bottom prices don’t always mean rock-bottom businesses. The stocks we’re examining today have all touched their 52-week lows, creating a classic investor’s dilemma: bargain opportunity or value trap?

LOUISVILLE, Ky., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” “the Company”) announced today that it is launching a proposed $500 million in aggregate principal amount of senior secured Term Loan B due 2033 (“2033 TLB”). CDI intends to use the net proceeds from the 2033 TLB (i) to repay outstanding Term Loan B loans, (ii) to partially redeem 5.50% Senior Notes due 2027 (the “2027 Notes”), (iii) to fund related transaction fees and expenses, and (iv) for w

Generating cash is essential for any business, but not all cash-rich companies are great investments. Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.

Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages. Just because a business is in the green today doesn’t mean it will thrive tomorrow.

The London Company, an investment management company, released its second-quarter 2026 investor letter for its “Small-Mid Cap Strategy.” The letter can be downloaded here. U.S. equities rebounded sharply in Q2, with the Russell 3000 gaining 15.4%, supported by AI infrastructure spending, strong earnings, and easing Middle East tensions. Technology led the rally as semiconductors recovered, […]

Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings. However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.

Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Churchill Downs (NASDAQ:CHDN) and its peers.

Churchill Downs is exploring the sale of Ocean Downs Casino and Racetrack, a move disclosed six weeks after Maryland matched the company’s $85 million offer for The Preakness Stakes’ intellectual property. Asked whether Maryland’s June 18 decision affected the review or whether Churchill had negotiated with anyone interested in Ocean Downs, spokesperson Breck Thomas-Ross said the company had ...

Russell Fine, president of the Game Play Network, will be appearing on a panel next week at the Saratoga Racing and Gaming Conference. The topic for the panel is “HHR and other short-form betting games: leveraging horse racing content beyond the traditional format.” Fine and his partner, ...

Churchill Downs stock has had a tough run over the past three years, while the current valuation checks, including an intrinsic value estimate from a Discounted Cash Flow (DCF) model, point to the shares trading on the cheap side relative to that history. The share price is down 30.6% over the past three years, which means any valuation gap matters more than usual for investors who have held through that period. Plans for the Thoroughbred Championship Series and major racetrack upgrades can...

Churchill Downs (CHDN) is back in focus after it and The New York Racing Association outlined the new Thoroughbred Championship Series, a six race, season long competition for three year old Thoroughbreds starting in 2027. See our latest analysis for Churchill Downs. The Thoroughbred Championship Series adds to a busy few months for Churchill Downs, which recently outlined new capital projects at its flagship racetrack and announced plans to sell nine regional casinos. Yet the stock’s share...