TheStreet upgraded shares of Dover Motorsports (NYSE:DVD) from a c+ rating to a b- rating in a research report sent to investors on Wednesday.
A number of other brokerages also recently issued reports on DVD. ValuEngine downgraded Dover Motorsports from a buy rating to a hold rating in a research report on Friday, March 2nd. Gabelli reiterated a buy rating on shares of Dover Motorsports in a research report on Friday, February 9th.
Dover Motorsports (NYSE DVD) opened at $2.05 on Wednesday. Dover Motorsports has a 12 month low of $1.80 and a 12 month high of $2.45. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $77.14, a PE ratio of 9.32 and a beta of 0.46.
Dover Motorsports (NYSE:DVD) last issued its quarterly earnings results on Thursday, January 25th. The company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $18.31 million during the quarter. Dover Motorsports had a return on equity of 7.31% and a net margin of 18.03%. equities analysts expect that Dover Motorsports will post 0.15 earnings per share for the current year.
An institutional investor recently raised its position in Dover Motorsports stock. Eidelman Virant Capital grew its holdings in shares of Dover Motorsports, Inc. (NYSE:DVD) by 8.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 754,500 shares of the company’s stock after acquiring an additional 60,500 shares during the quarter. Eidelman Virant Capital owned about 2.05% of Dover Motorsports worth $1,471,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 24.58% of the company’s stock.
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Dover Motorsports Company Profile
Dover Motorsports, Inc is a marketer and promoter of motorsports entertainment in the United States. The Company, through its subsidiaries, owns and operates Dover International Speedway in Dover, Delaware, and Nashville Superspeedway near Nashville, Tennessee. The Dover International Speedway is located in Dover, Delaware, on approximately 770 acres of land.
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