Canterbury Park (NASDAQ:CPHC) Announces Earnings Results

by · The Markets Daily

Canterbury Park (NASDAQ:CPHC – Get Free Report) issued its earnings results on Tuesday. The company reported $0.18 EPS for the quarter, Zacks reports. Canterbury Park had a net margin of 0.20% and a return on equity of 0.14%.

Canterbury Park Price Performance

CPHC traded down $0.30 during midday trading on Tuesday, reaching $15.50. 1,382 shares of the company’s stock were exchanged, compared to its average volume of 1,805. The stock has a market capitalization of $80.29 million, a PE ratio of 775.00 and a beta of -0.40. The business’s 50-day moving average price is $15.75 and its 200 day moving average price is $15.69. Canterbury Park has a 1-year low of $14.39 and a 1-year high of $16.84.

Canterbury Park Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th were given a dividend of $0.07 per share. The ex-dividend date was Wednesday, September 30th. This represents a $0.28 dividend on an annualized basis and a yield of 1.8%. Canterbury Park’s payout ratio is presently 1,400.00%.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded Canterbury Park from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, August 14th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has a consensus rating of “Sell”.

View Our Latest Analysis on Canterbury Park

Canterbury Park Company Profile

(Get Free Report)

Canterbury Park Holding Corporation owns and operates Canterbury Park, a horse racing and entertainment facility in Shakopee, Minnesota, serving the Minneapolis–Saint Paul metropolitan area. The property hosts live Thoroughbred and Quarter Horse racing during its seasonal race meet and offers year-round pari-mutuel wagering on races held at tracks elsewhere. In addition to racing, Canterbury Park operates a card casino offering poker and other authorized card games. Its broader entertainment activities include dining, special events, concerts, corporate gatherings and other hospitality services.

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