TheStreet upgraded shares of Dover Motorsports (NYSE:DVD) from a c+ rating to a b- rating in a report issued on Wednesday, March 14th.
Several other research firms have also weighed in on DVD. ValuEngine lowered Dover Motorsports from a buy rating to a hold rating in a research note on Friday, March 2nd. Gabelli reissued a buy rating on shares of Dover Motorsports in a research note on Friday, February 9th.
NYSE DVD traded down $0.05 on Wednesday, reaching $2.05. 7,658 shares of the stock traded hands, compared to its average volume of 10,905. The firm has a market cap of $75.48, a P/E ratio of 20.50 and a beta of 0.37. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.06 and a current ratio of 1.06. Dover Motorsports has a 12 month low of $1.80 and a 12 month high of $2.45.
Dover Motorsports (NYSE:DVD) last released its quarterly earnings data on Thursday, January 25th. The company reported $0.08 earnings per share for the quarter. The business 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%. research analysts predict that Dover Motorsports will post 0.15 earnings per share for the current fiscal year.
An institutional investor recently raised its position in Dover Motorsports stock. Eidelman Virant Capital grew its holdings in Dover Motorsports (NYSE:DVD) by 8.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 754,500 shares of the company’s stock after purchasing an additional 60,500 shares during the period. Eidelman Virant Capital owned approximately 2.05% of Dover Motorsports worth $1,471,000 as of its most recent SEC filing. Institutional investors and hedge funds own 24.57% of the company’s stock.
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Dover Motorsports Company Profile
Dover Motorsports, Inc markets and promotes motorsports entertainment in the United States. It owns and operates Dover International Speedway in Dover, Delaware; and Nashville Superspeedway near Nashville, Tennessee. The company was formerly known as Dover Downs Entertainment, Inc Dover Motorsports, Inc was founded in 1969 and is based in Dover, Delaware.
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