Split History
ERI split history picture
ERI (ERI) has 1 split in our ERI split history database. The split for ERI took place on November 20, 2008. This was a 100 for 375 reverse split, meaning for each 375 shares of ERI owned pre-split, the shareholder now owned 100 shares. For example, a 1000 share position pre-split, became a 266.666666666667 share position following the split.

When a company such as ERI conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the ERI split history from start to finish, an original position size of 1000 shares would have turned into 266.666666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ERI shares, starting with a $10,000 purchase of ERI, presented on a split-history-adjusted basis factoring in the complete ERI split history. ERI split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 09/23/2014
End date: 07/20/2020
Start price/share: $4.26
End price/share: $38.24
Dividends collected/share: $0.00
Total return: 797.65%
Average Annual Total Return: 45.73%
Starting investment: $10,000.00
Ending investment: $89,756.27
Years: 5.83
Eldorado Resorts is a holding company. Through its subsidiaries, Co. is a gaming and hospitality company. Co.'s properties feature slot machines and video lottery terminals and e-tables, table games and hotel rooms. Co.'s segments are: West Region, which include properties in Nevada and Colorado; Midwest Region, which consists of dockside casinos in Iowa and land-based casinos in Missouri; South Region, which consists of dockside casinos in Louisiana and Mississippi, land-based casino in Mississippi and racino in Florida; East Region, which consists of a racino in Ohio and a casino in New Jersey; and Central Region, which consists of properties located in Indiana, Illinois and Missouri. According to our ERI split history records, ERI has had 1 split.
Date Ratio
11/20/2008100 for 375
ERI is categorized under the Services sector; below are some other companies in the same sector that also have a history of stock splits:

ESI Split History
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EXPE Split History
FAST Split History
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FDO Split History
FINL Split History
FIVE Split History
FOX Split History
FOXA Split History

Also explore: ERI shares outstanding history

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