Michael Pegram - Eldorado Resorts Director
Director
Mr. Michael E. Pegram is Independent Director of Eldorado Resorts, Inc. He has served as a director of the Company since September 2014. Mr. Pegram was a partner in the Carson Valley Inn in Minden, Nevada since June 2009 and a partner in the Bodines Casino in Carson City, Nevada since January 2007. Mr. Pegram has more than thirty years of experience owning and operating twentyfive successful McDonalds franchises. Mr. Pegram currently serves as a director of, and is the former Chairman of, the Thoroughbred Owners of California and was the owner of a number of racehorses, including 1998 Kentucky Derby and Preakness Stakes winner, Real Quiet, 2010 Preakness Stakes winner, Lookin at Lucky, 1998 Breeders Cup Juvenile Fillies winner and 1999 Kentucky Oaks winner, Silverbulletday, 2001 Dubai World Cup winner, Captain Steve, and the 2007 and 2008 Breeders Cup Sprint winner, Midnight Lute. Additionally, Mr. Pegram has served as a director of Skagit State Bancorp since 1996. Mr. Pegram was selected to serve as a director because of his extensive experience in the horse racing industry and as an investor, business owner, and director of various companies. since 2014.
| Age | 65 |
| Tenure | 10 years |
| Phone | 775 328-0100 |
| Web | www.eldoradoresorts.com |
Eldorado Resorts Management Efficiency
The company has Return on Asset of 2.2 % which means that on every $100 spent on assets, it made $2.2 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (18.64) %, meaning that it generated no profit with money invested by stockholders. Eldorado Resorts' management efficiency ratios could be used to measure how well Eldorado Resorts manages its routine affairs as well as how well it operates its assets and liabilities.The company has 3.76 B in debt with debt to equity (D/E) ratio of 2.33, meaning that the company heavily relies on borrowing funds for operations. Eldorado Resorts has a current ratio of 3.16, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Eldorado Resorts until it has trouble settling it off, either with new capital or with free cash flow. So, Eldorado Resorts' 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 Eldorado Resorts sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eldorado to invest in growth at high rates of return. When we think about Eldorado Resorts' use of debt, we should always consider it together with cash and equity.
Similar Executives
| Showing other executives | DIRECTOR Age | ||
| Ming Ng | China Aircraft Leasing | 64 | |
| Barbara Allen | DR Horton | 74 | |
| Ernesto Bautista | Topbuild Corp | 49 | |
| John Sawyer | HE Equipment Services | 73 | |
| Kenda Gonzales | CECO Environmental Corp | 60 | |
| Kwong Chow | China Aircraft Leasing | 62 | |
| Gregory Jackson | CECO Environmental Corp | 51 | |
| William Hansen | CECO Environmental Corp | 58 | |
| Zibin Guo | China Aircraft Leasing | 45 | |
| Richard Wang | CECO Environmental Corp | 42 | |
| Carl Camden | Topbuild Corp | 64 | |
| Paul Arnold | HE Equipment Services | 71 | |
| Thomas Lally | CECO Environmental Corp | 74 | |
| Joseph Cantie | Topbuild Corp | 57 | |
| Lawrence Karlson | HE Equipment Services | 75 | |
| Bradley Anderson | DR Horton | 59 | |
| Dennis Archer | Topbuild Corp | 75 | |
| Saychuan Cheok | China Aircraft Leasing | 63 | |
| Van Nien | China Aircraft Leasing | 63 | |
| Thomas Galligan | HE Equipment Services | 73 | |
| Patrick Edsell | HE Equipment Services | 69 | |
Management Performance
| Return On Equity | -18.64 | |||
| Return On Asset | 2.2 |
Eldorado Resorts Leadership Team
Elected by the shareholders, the Eldorado Resorts' board of directors comprises two types of representatives: Eldorado Resorts inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eldorado. The board's role is to monitor Eldorado Resorts' management team and ensure that shareholders' interests are well served. Eldorado Resorts' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eldorado Resorts' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Roger Wagner, Director | ||
| Thomas Reeg, President Director | ||
| Stephanie Lepori, Chief Accounting Officer and Sr. VP of Fin. | ||
| Michael Pegram, Director | ||
| Gregory Kozicz, Independent Director | ||
| David Tomick, Director | ||
| Anthony Carano, Executive VP, General Counsel and Secretary | ||
| Robert Jones, CFO, Executive VP and Treasurer | ||
| Frank Fahrenkopf, Director | ||
| James Hawkins, Director | ||
| Bonnie Biumi, Director | ||
| Edmund Quatmann, Chief Legal Officer, Executive Vice President | ||
| Bret Yunker, CFO | ||
| Gary Carano, Chairman and CEO |
Eldorado 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 Eldorado Resorts 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 | -18.64 | |||
| Return On Asset | 2.2 | |||
| Profit Margin | (13.57) % | |||
| Operating Margin | 11.59 % | |||
| Current Valuation | 8.73 B | |||
| Shares Outstanding | 98.56 M | |||
| Shares Owned By Insiders | 12.68 % | |||
| Shares Owned By Institutions | 87.32 % | |||
| Number Of Shares Shorted | 52.04 M | |||
| Price To Earning | 57.30 X |
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 Eldorado Resorts 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, Eldorado Resorts' short interest history, or implied volatility extrapolated from Eldorado Resorts options trading.
Pair Trading with Eldorado Resorts
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 Eldorado Resorts 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 Eldorado Resorts will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Range Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Range Resources 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 Range Resources - 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 Range Resources Corp to buy it.
The correlation of Range Resources 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 Range Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Range Resources Corp 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 Range Resources 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Eldorado Stock
If you are still planning to invest in Eldorado Resorts check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eldorado Resorts' history and understand the potential risks before investing.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges |