Canterbury Park Holding Corp
CPHC

$21.51

0.05%

Market Cap: 107M

About: Canterbury Park Holding Corp is in the business of pari-mutuel wagering on horse races and unbanked card games at its canterbury park racetrack and card casino facility in Minnesota. The company has four operating segments. The horse racing segment represents pari-mutuel wagering operations on simulcast and lives horse races; the Casino segment represents unbanked card operations; the food and beverage segment includes concessions, catering, and events services provided at the Racetrack; and the development segment represents its real estate development operations. The firm generates a majority of its revenue from the Casino segment.

Employees: 765

Consumer Discretionary Racing, Including Track Operation

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]

7% less funds holding

Funds holding: 28 [Q4 2023] → 26 (-2) [Q1 2024]

14% less capital invested

Capital invested by funds: $56.8M [Q4 2023] → $49M (-$7.77M) [Q1 2024]

13.83% less ownership

Funds ownership: 56.17% [Q4 2023] → 42.34% (-13.83%) [Q1 2024]

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

44% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 9

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Research analyst outlook

We haven’t received any recent analyst ratings for CPHC.

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Financial journalist opinion

Zacks Investment Research

Zacks Initiates Canterbury Park's Coverage With Neutral Recommendation

Discover why Zacks rates Canterbury Park (CPHC) as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore how CPHC's diversified operations, strong balance sheet and strategic expansions position it for growth despite facing stiff competition from nearby facilities.

Zacks Initiates Canterbury Park's Coverage With Neutral Recommendation

Canterbury Park Holding Corporation Announces Quarterly Cash Dividend

SHAKOPEE, Minn., June 12, 2024 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (NASDAQ: CPHC), today announced that the Company's Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on July 12, 2024 to stockholders of record on June 28, 2024. At this quarterly rate, the annual dividend is equivalent to $0.28 per common share.

Canterbury Park Holding Corporation Announces Quarterly Cash Dividend

Canterbury Park Holding Corporation Reports First Quarter Results

SHAKOPEE, Minn., May 09, 2024 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (Nasdaq: CPHC), today reported financial results for the first quarter ended March 31, 2024.

Canterbury Park Holding Corporation Reports First Quarter Results

Canterbury Park Holding Corporation Is A Hold For Now

Canterbury Park Holding Corporation is currently overvalued from a liquidation and discounted cash flow standpoint. Legislative exclusions in Minnesota restrict CPHC's future cash flow growth, but lifting these restrictions could lead to a dramatic increase in the company's share price. It's not currently certain how much of an impact CPHC's property development ventures will have on the company's future revenue growth.

Canterbury Park Holding Corporation Is A Hold For Now

Canterbury Park Holding Corporation Announces Quarterly Cash Dividend

SHAKOPEE, Minn., March 14, 2024 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (NASDAQ: CPHC), today announced that the Company's Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on April 12, 2024 to stockholders of record on March 29, 2024. At this quarterly rate, the annual dividend is equivalent to $0.28 per common share.

Canterbury Park Holding Corporation Announces Quarterly Cash Dividend

Canterbury Park Holding Corporation Reports 2023 Fourth Quarter Results

SHAKOPEE, Minn., March 11, 2024 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (Nasdaq: CPHC) today reported financial results for the fourth quarter and full year ended December 31, 2023.

Canterbury Park Holding Corporation Reports 2023 Fourth Quarter Results

Canterbury Park Holding: Real Estate Monetization Adding Significant Cash To This Undervalued Stock

Canterbury Park stock is trading at a significant discount relative to cash flow generated from casino operations including food & beverage. Real estate joint venture partnerships should begin to return meaningful profits in the form of Dividends. Proposed Sports Betting Legislation will grant company license to accept wagers at racetrack-attracting new revenue stream and customers.

Canterbury Park Holding: Real Estate Monetization Adding Significant Cash To This Undervalued Stock

Canterbury Park Holding Corporation Announces Quarterly Cash Dividend

SHAKOPEE, Minn., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (NASDAQ: CPHC), today announced that the Company's Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on January 12, 2024 to stockholders of record on December 29, 2023. At this quarterly rate, the annual dividend is equivalent to $0.28 per common share.

Canterbury Park Holding Corporation Announces Quarterly Cash Dividend

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