Canterbury Park (NASDAQ:CPHC – Get Free Report) released its quarterly earnings data on Monday. The company reported $0.03 EPS for the quarter, Zacks reports. Canterbury Park had a negative return on equity of 0.63% and a negative net margin of 0.89%.
Canterbury Park Stock Performance
Shares of NASDAQ CPHC traded down $0.16 during mid-day trading on Monday, reaching $15.66. The company had a trading volume of 586 shares, compared to its average volume of 1,566. Canterbury Park has a one year low of $14.39 and a one year high of $21.61. The firm has a market cap of $80.65 million, a price-to-earnings ratio of -156.60 and a beta of -0.39. The business’s 50-day simple moving average is $15.58 and its 200 day simple moving average is $15.50.
Canterbury Park Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st were given a $0.07 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.8%. Canterbury Park’s dividend payout ratio (DPR) is presently -280.00%.
Analyst Ratings Changes
Get Our Latest Stock Analysis on CPHC
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Canterbury Park stock. Bank of America Corp DE grew its position in shares of Canterbury Park Holding Corporation (NASDAQ:CPHC – Free Report) by 142.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,616 shares of the company’s stock after purchasing an additional 1,536 shares during the quarter. Bank of America Corp DE owned approximately 0.05% of Canterbury Park worth $49,000 as of its most recent SEC filing. 76.37% of the stock is currently owned by hedge funds and other institutional investors.
Canterbury Park Company Profile
Canterbury Park Holding Corp. engages in hosting and managing pari mutuel wagering activities. It operates through the following business segments: Horse Racing, Card Casino, Food & Beverage and Development. The Horse Racing segment includes simulcast and live horse racing operations. The Card Casino segment holds unbanked card games, poker and table games. The Food and Beverage segment consists of concession stands, restaurant and buffet, bars, and other food venues. The Development segment owns land for racetrack operations.
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