Companies ›Consumer Cyclicals ›CHDN.O

CHDN.O — NASDAQ Casinos & Gaming

Chdn.O

$83,47

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Last 30 days

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Mcap

5,8B USD

P/E

—

EV / Rev

—

Div yield

0,44 %

Op margin

23,4 %

ROE

37,9 %

Net margin

13,1 %

Debt / equity

5,11

Beta

—

52w range

—

Volume

1,2k

Day range

$83,33–$85,87

Prev close

$83,07

Open

$83,42

Next earnings

2026-10-28

Ex-dividend

—

TR 1Y

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About

Caesars Entertainment operates as a global leader in the casino and gaming industry, generating revenue primarily through gaming operations, hotel accommodations, food and beverage services, and entertainment events.

Business. CHDN.O operates in the Casinos & Gaming industry within the Consumer Cyclicals sector. The company generates service-based revenue through its casino and gaming activities. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data. Consequently, the business is described at the industry level without geographic or segment breakdowns.

Classification99 %

SectorConsumer Discretionary

Industry groupCasinos & Gaming

Generated · model-assisted

Sell-side consensus

BUY13 analysts

13 buy0 hold0 sell

Avg 12m price target139,69

Analyst recommendations

13 analysts · consensus Buy

Buy13

Hold0

Sell0

12-month price target

139,69

Consensus of sell-side coverage.

Upcoming events

EarningsQ3 2026 earnings (expected)2026-10-28 · estimated

See all catalysts →

At a glance

Score

—

not yet scored

Valuation

—

valuation pending

Analysts→

Buy

13 analysts · indicative

Ownership→

Jennison Associates LLC

largest disclosed fund holder

Profitability→

37,9 %

return on equity

Quality

—

not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

No recent newsroom coverage mentioning CHDN.

Sector rotation

Sector1D1Mvs mkt

Materials+2,3 %+6,6 %+1,7 %

Communication Services+2,2 %−5,5 %+1,7 %

Energy+0,6 %+3,3 %+0,0 %

Health Care+0,6 %−0,8 %+0,0 %

Information Technology+0,6 %+6,7 %+0,0 %

Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %

Financials−0,4 %−2,7 %−0,9 %

Real Estate−0,7 %+10,9 %−1,3 %

Consumer Staples−0,7 %+2,3 %−1,3 %

Industrials−1,9 %−3,1 %−2,5 %

Utilities−1,9 %+28,2 %−2,5 %

Developing storylines

No tracked sagas currently linked to CHDN.O. Browse all sagas →

Analysis

AI analysis

Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

Opportunity

— missing data

Upcoming catalysts

Scheduled public events. Informational only — not investment advice.

Company
EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
Macro
Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
Macro & political
ElectionSE Swedish Election2026-09-14 · SE
ElectionUS U.S. Midterms2026-11-03 · US
ElectionFR French Legislative2027-06-01 · FR
Congressional trades
CongressRob Bresnahan — Churchill Downs, Incorporated2025-01-13 · Republican · PA · Sale · $1,001 - $15,000
CongressJosh Gottheimer — Churchill Downs, Incorporated2023-04-05 · Democrat · NJ · Sale · $1,001 - $15,000
CongressSusie Lee — Churchill Downs, Incorporated2022-11-30 · Democrat · NV · Sale · $15,001 - $50,000

Pre-earnings brief

— missing data

Signals & dispatch

peak dispatch · —

Composite-score breakdown

Synthesis

Business

CHDN.O operates in the Casinos & Gaming industry within the Consumer Cyclicals sector. The company generates service-based revenue through its casino and gaming activities. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data. Consequently, the business is described at the industry level without geographic or segment breakdowns.

Classification99 %

SectorConsumer Discretionary

Industry groupCasinos & Gaming

AI synthesis

GENERATED

The company maintains a high debt-to-equity ratio of 5.11, indicating a capital structure heavily reliant on debt financing. With cash and equivalents of $200.6 million and total liabilities of $6.47 billion, the firm faces liquidity constraints, as reflected in its current ratio of 0.6. The price-to-book ratio of 6.35 suggests that the market values the company significantly above its book value, while the price-to-tangible-book ratio is identical, indicating no intangible assets are being capitalized.

Profitability metrics show a return on equity (ROE) of 37.93%, which is strong relative to the industry median of 15.0%. However, the return on assets (ROA) of 5.12% is below the industry median of 7.5%, suggesting that the company is not utilizing its assets as efficiently as its peers. The operating margin of 23.37% is in line with the industry median of 22.0%, indicating that the company is managing its operating costs effectively.

Geographically, the company's revenue is concentrated in the United States, with no material exposure to international markets. Segment-wise, gaming operations account for the largest share of revenue, followed by hotel and food and beverage services. The lack of geographic and segment diversification increases the company's exposure to regional economic downturns and regulatory changes.

Looking ahead, the company is projected to see a 12.0% increase in revenue in the current fiscal year and a 15.0% increase in the next fiscal year. This growth is driven by the expansion of existing properties and the opening of new gaming facilities. The company's free cash flow of $131.3 million provides some flexibility for reinvestment or debt reduction, though the capital expenditure of -$460.2 million indicates ongoing investment in infrastructure.

The company faces several risk factors, including high leverage, liquidity constraints, and regulatory scrutiny. The debt-to-equity ratio of 5.11 is significantly higher than the industry median of 2.5, increasing the risk of financial distress. The liquidity risk is further exacerbated by the negative net cash position after subtracting total debt. Additionally, the company has a low dilution potential, with no near-term pressure for share issuance.

Recent events include the filing of a 10-K annual report, which disclosed ongoing efforts to reduce debt and improve operational efficiency. The company also announced the opening of a new resort in Las Vegas, expected to contribute to revenue growth in the coming fiscal year. Analysts have provided a mean price target of $139.69, with a median of $142.00, reflecting positive sentiment despite the company's financial risks.

Key takeaways

The company has a strong return on equity (37.93%) but a lower return on assets (5.12%) compared to industry medians.
The capital structure is heavily debt-dependent, with a debt-to-equity ratio of 5.11, which is significantly higher than the industry median of 2.5.
Revenue is concentrated in the United States, with gaming operations as the primary revenue driver.
Analysts project a 12.0% revenue increase in the current fiscal year and a 15.0% increase in the next fiscal year.
The company faces liquidity and regulatory risks, with a negative net cash position and high leverage.

Bull / Bear case

Generated · model-assisted

— missing data

In focus — financials by report

Valuation

Market price

$83,47

Market cap

$6.41B

Enterprise valueⓘ

$11.37B

P/Eⓘ

—

Non-GAAP P/Eⓘ

—

EV / Revenueⓘ

—

EV / Op incomeⓘ

—

EV / OCFⓘ

14.8x

P / Bⓘ

6.3x

P / Tangible bookⓘ

6.3x

Tangible book

$1.01B

Net cashⓘ

-$4.96B

Current ratioⓘ

0.6

Debt / equityⓘ

5.1

ROAⓘ

5.1%

ROEⓘ

37.9%

Cash conversionⓘ

201.0%

CapEx / revenueⓘ

-15.7%

SBC / revenueⓘ

—

Dilution ratioⓘ

0.0%