The Next Big Thing in AI: Musk's Secret Supplier
Nvidia soared 500% in the first AI wave. Now, Elon Musk's xAI is igniting the second. With Trump's backing and policy shifts, xAI is poised to dominate generative AI. One small company behind its tech could explode in value-this may be your second chance to ride the AI boom.
About Churchill Downs, Inc
Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. It operates through three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia, and New Hampshire; provides racing event-related services, including admissions, personal seat licenses, sponsorships, television rights, and other miscellaneous services, as well as food and beverages services. The Wagering Services and Solutions engages in pari-mutuel wagers through TwinSpires, which operates the online horse racing wagering business for TwinSpires.com, BetAmerica.com, and other white-label platforms; facilitates dollar wagering; provides the Bloodstock Research Information Services platform for horse racing statistical data; offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides technology services to third parties. This segment also operates retail and online sports betting businesses, United Tote, which manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses, as well as provides totalizator services; and Exacta, which provides central determinant system technology in HRMs. The Gaming segment operates the casino properties and associated racetracks, which include slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, racing event-related services, and other miscellaneous operations. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.
General
| Name | Churchill Downs, Inc |
| Ticker | CHDN |
| Exchange | NASDAQ |
| Sector | Consumer Cyclical |
| Industry | Gambling |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 6,480 |
Highlights
| Analyst Target | 138.78 |
| Market Cap | 6,896,000,000 |
| PE Ratio | 16.99 |
| PEG Ratio | 2.58 |
| EBITDA | 903,800,000 |
Share Stats
| Shares Outstanding | 72,800,000 |
| Shares Float | 65,000,000 |
| Shares Short | 1,970,000 |
| Insider Holdings | 1016% |
| Institution Holdings | 80.87% |
Highlights
| Analyst Target | 138.78 |
| Market Cap | 6,896,000,000 |
| PE Ratio | 16.99 |
| PEG Ratio | 2.58 |
| EBITDA | 903,800,000 |
Valuation
| Trailing PE | 16.99 |
| Price/Sales (Trailing 12 Mt.) | 2.48 |
| Price/Book (Most Recent Quarter) | 6.43 |
Dividend
Churchill Downs, Inc pays out a dividend of $0.43 per share, with a dividend yield of 0.45%.
CHDN's last dividend payment was made to shareholders on January 3, 2025.
They pay out 7.20% of their earnings out as a dividend.
Recent Dividends
| Jan 3, 2025 | $0.41 |
| Jan 5, 2024 | $0.38 |
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