Watts Humphrey - Churchill Downs Lead Independent Director

CHDN Stock  USD 123.39  0.11  0.09%   

Director

Mr. G. Watts Humphrey, Jr., is no longer Chairman of the Board of Churchill Downs Incorporated effective April 23, 2018. Mr. Humphrey was named Chairman of the Board of Directors of the Company in July 2016. Mr. Humphrey is the President, GWH Holdings, Inc. Chairman, IPEG and Owner, Shawnee Farm . Among other exceptional personal and professional attributes, Mr. Humphrey has extensive experience in overseeing a diverse group of companies as well as in significant leadership roles throughout the thoroughbred horseracing industry that qualify Mr. Humphrey to serve as the Independent Chairman of the Board of Directors since 2016.
Age 71
Tenure 8 years
Address 600 North Hurstbourne Parkway, Louisville, KY, United States, 40222
Phone502 636 4400
Webhttps://www.churchilldownsincorporated.com
Humphrey currently holds the following leadership positions with other entities: Member of The Jockey Club; Director and member of Executive Committee, Keeneland Association, Inc.; ViceChairman, Shaker Village of Pleasant Hill; Director, Smithfield Trust Company; and a Member of the Board of Trustees, Centre College. Previously, Mr. Humphrey served as Chairman of the Federal Reserve Bank—Fourth District.

Churchill Downs Management Efficiency

The company has return on total asset (ROA) of 0.0566 % which means that it generated a profit of $0.0566 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4467 %, meaning that it created $0.4467 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 25th 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 25th 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).
The company currently holds 4.84 B in liabilities with Debt to Equity (D/E) ratio of 5.26, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Churchill Downs rporated has a current ratio of 3.6, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Churchill Downs until it has trouble settling it off, either with new capital or with free cash flow. So, Churchill Downs' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Churchill Downs rporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Churchill to invest in growth at high rates of return. When we think about Churchill Downs' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Steven RosenbergCinemark Holdings
62
Lise FauconnierEndeavor Group Holdings
N/A
Ana PessoaNews Corp B
50
Andreas SchraderEndeavor Group Holdings
N/A
Pedro LopezEndeavor Group Holdings
N/A
Patrick DolanAMC Networks
66
Raymond SyufyCinemark Holdings
57
John FordEndeavor Group Holdings
67
Peter BarnesNews Corp B
74
Jonathan DolgenLive Nation Entertainment
70
Enrique HernandezCinemark Holdings
76
Jamieson ReigleManchester United
36
Ian GilchristLiberty Media
68
Kevin GlazerManchester United
58
Ping FuLive Nation Entertainment
61
Masroor SiddiquiNews Corp B
45
Donald SoderquistCinemark Holdings
81
Nina VacaCinemark Holdings
49
Bruce OlsonMarcus
71
Carlos SepulvedaCinemark Holdings
63
Kelly AyotteNews Corp B
49
Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky. Churchill Downs operates under Gambling classification in the United States and is traded on NASDAQ Exchange. It employs 3800 people. Churchill Downs Incorporated (CHDN) is traded on NASDAQ Exchange in USA. It is located in 600 North Hurstbourne Parkway, Louisville, KY, United States, 40222 and employs 5,660 people. Churchill Downs is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

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.

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

  0.42HD Home Depot Financial Report 21st of May 2024 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.
Pair CorrelationCorrelation Matching
When determining whether Churchill Downs rporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock:
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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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.
CEOs Directory
Screen CEOs from public companies around the world
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Commodity Directory
Find actively traded commodities issued by global exchanges
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Bonds Directory
Find actively traded corporate debentures issued by US companies
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
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
(0.47)
Dividend Share
0.382
Earnings Share
5.49
Revenue Per Share
33.286
Quarterly Revenue Growth
0.056
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.