William Carstanjen - Churchill Downs CEO and Director
| CHDN Stock | USD 119.30 1.78 1.47% |
CEO
Mr. William C. Carstanjen is the Chief Executive Officer, Director of Churchill Downs Incorporated. Prior to joining the Company, Mr. Carstanjen was named the Companys twelfth Chief Executive Officer in August 2014 and appointed to the Board of Directors in July 2015. Carstanjen served as CDIs President and Chief Operating Officer, CDIs Chief Operating Officer and as Executive Vice President, General Counsel and Chief Development Officer for the Company . Mr. Carstanjen joined CDI in July 2005 after serving as an executive with General Electric Company. Mr. Carstanjen began his career as an attorney with Cravath, Swaine Moore LLP in New York City, specializing in mergers and acquisitions, corporate finance and corporate governance. Mr. Carstanjen brings a wealth of experience and knowledge to his leadership role at CDI. Throughout his tenure, Mr. Carstanjen has led CDIs diversification strategy into online wagering and regional casino gaming, as well as led the growth of the Kentucky Oaks and Kentucky Derby events. since 2015.
| Age | 56 |
| Tenure | 9 years |
| Address | 600 North Hurstbourne Parkway, Louisville, KY, United States, 40222 |
| Phone | 502 636 4400 |
| Web | https://www.churchilldownsincorporated.com |
Churchill Downs Management Efficiency
The company has return on total asset (ROA) of 0.0564 % which means that it generated a profit of $0.0564 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.5775 %, meaning that it created $0.5775 on every $100 dollars invested by stockholders. Churchill Downs' management efficiency ratios could be used to measure how well Churchill Downs manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Churchill Downs' Return On Capital Employed is very stable compared to the past year. As of the 18th of April 2024, Return On Assets is likely to grow to 0.07, while Return On Tangible Assets are likely to drop 0.07. At this time, Churchill Downs' Intangibles To Total Assets are very stable compared to the past year. As of the 18th of April 2024, Debt To Assets is likely to grow to 0.73, though Non Currrent Assets Other are likely to grow to (71.8 M).Similar Executives
| Found 3 records | CEO Age | ||
| James Kim | Community West Bancshares | 48 | |
| Martin Plourd | Community West Bancshares | 65 | |
| Edward Schaefer | Citizens Community Bancorp | 52 | |
Management Performance
| Return On Equity | 0.58 | ||||
| Return On Asset | 0.0564 |
Churchill Downs rporated Leadership Team
Elected by the shareholders, the Churchill Downs' board of directors comprises two types of representatives: Churchill Downs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Churchill. The board's role is to monitor Churchill Downs' management team and ensure that shareholders' interests are well served. Churchill Downs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Churchill Downs' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Richard Duchossois, Independent Director | ||
| Craig Duchossois, Independent Director | ||
| Karole Lloyd, Director | ||
| Kaitlin Buzzetto, Director Relations | ||
| Paul Thelen, President Big Fish Games | ||
| Alex Rankin, Independent Director | ||
| Alan Tse, Executive VP, General Counsel and Secretary | ||
| James McDonald, Independent Director | ||
| Jon Rauch, VP Officer | ||
| Michael Anderson, Senior Racetrack | ||
| Robert Evans, Chairman and CEO | ||
| Robert Fealy, Independent Director | ||
| Watts Humphrey, Lead Independent Director | ||
| Ulysses Bridgeman, Independent Director | ||
| Austin Miller, Senior Vice President of Gaming Operations | ||
| Daniel Harrington, Independent Director | ||
| William Mudd, President COO | ||
| Marcia Dall, CFO and Executive VP | ||
| Katherine Armstrong, Senior Resources | ||
| William Carstanjen, CEO and Director | ||
| Bradley Blackwell, General VP | ||
| Nate Simon, Senior CTO | ||
| Nick Zangari, Investor Treasury | ||
| Maureen Adams, Executive Operations | ||
| Marcia CPA, Executive CFO | ||
| Jason Sauer, Senior Development | ||
| Douglas Grissom, Director | ||
| Chad Dobson, Chief VP | ||
| Aditi Gokhale, Director |
Churchill Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Churchill Downs a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.58 | ||||
| Return On Asset | 0.0564 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 13.9 B | ||||
| Shares Outstanding | 73.69 M | ||||
| Shares Owned By Insiders | 9.69 % | ||||
| Shares Owned By Institutions | 79.68 % | ||||
| Number Of Shares Shorted | 1.89 M | ||||
| Price To Earning | 16.29 X |
Churchill Downs Investors Sentiment
The influence of Churchill Downs' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Churchill. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Churchill Downs' public news can be used to forecast risks associated with an investment in Churchill. The trend in average sentiment can be used to explain how an investor holding Churchill can time the market purely based on public headlines and social activities around Churchill Downs Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Churchill Downs' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Churchill Downs' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Churchill Downs' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Churchill Downs.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Churchill Downs in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Churchill Downs' short interest history, or implied volatility extrapolated from Churchill Downs options trading.
Pair Trading with Churchill Downs
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Churchill Downs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Churchill Downs will appreciate offsetting losses from the drop in the long position's value.Moving against Churchill Stock
| 0.57 | FUN | Cedar Fair LP Financial Report 2nd of May 2024 | PairCorr |
| 0.56 | DIN | Dine Brands Global Financial Report 1st of May 2024 | PairCorr |
| 0.46 | LTRY | Lottery Common Stock Report 20th of June 2024 | PairCorr |
| 0.45 | SHAK | Shake Shack Financial Report 2nd of May 2024 | PairCorr |
| 0.44 | LUXHP | LuxUrban Hotels 1300 | PairCorr |
The ability to find closely correlated positions to Churchill Downs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Churchill Downs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Churchill Downs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Churchill Downs Incorporated to buy it.
The correlation of Churchill Downs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Churchill Downs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Churchill Downs rporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Churchill Downs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Churchill Downs rporated information on this page should be used as a complementary analysis to other Churchill Downs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Churchill Stock analysis
When running Churchill Downs' price analysis, check to measure Churchill Downs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Churchill Downs is operating at the current time. Most of Churchill Downs' value examination focuses on studying past and present price action to predict the probability of Churchill Downs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Churchill Downs' price. Additionally, you may evaluate how the addition of Churchill Downs to your portfolios can decrease your overall portfolio volatility.
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Is Churchill Downs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 56.156 | Dividend Share 0.382 | Earnings Share 5.49 | Revenue Per Share 32.735 | Quarterly Revenue Growth 0.169 |
The market value of Churchill Downs rporated is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.