Churchill Downs Equity 2024

Churchill Downs Aktienanalyse

What does Churchill Downs do?

Churchill Downs Inc. is an American company headquartered in Louisville, Kentucky. The company is best known for hosting the annual Kentucky Derby, which is considered one of the most prestigious horse racing events in the world. The history of Churchill Downs dates back to 1875, when the first edition of the Kentucky Derby took place. At that time, Churchill Downs was merely the location where the race was held. But soon the organizers recognized the potential in the grounds and the associated infrastructure. In 1937, a group of investors purchased the facilities and established Churchill Downs Incorporated. Over the years, the company has continued to evolve and is now a major player in the horse racing and gaming industry. Churchill Downs' business model consists of three main areas: horse racing, online sports betting, and gaming. The horse racing division, considered the core business of the company, includes racetracks in Kentucky, Florida, Illinois, and Louisiana. Throughout the year, various races and events are held here, including the Kentucky Derby, Kentucky Oaks, Preakness Stakes, and Belmont Stakes. Churchill Downs' online sports betting division is operated by its subsidiary TwinSpires. Customers from the United States can place bets on horse and greyhound races, as well as other sports such as baseball, basketball, or hockey. TwinSpires works closely with U.S. racetracks and offers customers a variety of betting options and bonuses. The gaming division of Churchill Downs includes several casinos and racetracks in different states. The facilities offer slot machines, table games, live entertainment, and restaurants. Some of Churchill Downs' most well-known casinos and racetracks include Harlow's Casino Resort & Spa in Mississippi and Presque Isle Downs & Casino in Pennsylvania. In addition to its three main business segments, Churchill Downs also offers a variety of products and services specialized in horse racing and betting. These include horse betting software, horse betting feeds and data, and in-house wager management systems. These products and services are not only used by Churchill Downs itself, but also by other racetrack operators and betting providers around the world. In recent years, Churchill Downs has made further acquisitions and partnerships to diversify and expand its business. In 2018, the company acquired the Ocean Downs racetrack in Maryland and the Lady Luck Casino in Mississippi. It also formed a partnership with online betting provider SBTech to further advance the sports betting sector. Overall, Churchill Downs Inc. is now a leading company in the horse racing industry with strong interests in the online sports betting and casino sectors. The company has a long and successful history and will continue to play an important role in the international horse racing and gaming industry. Churchill Downs ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Churchill Downs's Equity

Churchill Downs's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Churchill Downs's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Churchill Downs's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Churchill Downs's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Churchill Downs’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Churchill Downs stock

What is the equity of Churchill Downs this year?

Churchill Downs has equity of 893.6 M USD this year.

What was the equity of Churchill Downs compared to the previous year?

The equity of Churchill Downs has increased/decreased by 62.03% increased compared to the previous year.

What impact does a high equity have on investors of Churchill Downs?

A high equity is advantageous for investors of Churchill Downs as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Churchill Downs?

A low equity can be a risk for investors of Churchill Downs, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Churchill Downs affect the company?

An increase in equity of Churchill Downs can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Churchill Downs affect the company?

A reduction in equity of Churchill Downs can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Churchill Downs?

Some factors that can affect the equity of Churchill Downs include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Churchill Downs so important for investors?

The equity of Churchill Downs is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Churchill Downs take to change the equity?

To change equity, Churchill Downs can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Churchill Downs pay?

Over the past 12 months, Churchill Downs paid a dividend of 0.38 USD . This corresponds to a dividend yield of about 0.27 %. For the coming 12 months, Churchill Downs is expected to pay a dividend of 0.63 USD.

What is the dividend yield of Churchill Downs?

The current dividend yield of Churchill Downs is 0.27 %.

When does Churchill Downs pay dividends?

Churchill Downs pays a quarterly dividend. This is distributed in the months of January, January, January, December.

How secure is the dividend of Churchill Downs?

Churchill Downs paid dividends every year for the past 23 years.

What is the dividend of Churchill Downs?

For the upcoming 12 months, dividends amounting to 0.63 USD are expected. This corresponds to a dividend yield of 0.45 %.

In which sector is Churchill Downs located?

Churchill Downs is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Churchill Downs kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Churchill Downs from 1/5/2024 amounting to 0.382 USD, you needed to have the stock in your portfolio before the ex-date on 11/30/2023.

When did Churchill Downs pay the last dividend?

The last dividend was paid out on 1/5/2024.

What was the dividend of Churchill Downs in the year 2023?

In the year 2023, Churchill Downs distributed 0.714 USD as dividends.

In which currency does Churchill Downs pay out the dividend?

The dividends of Churchill Downs are distributed in USD.