DVD Stock Overview
Dover Motorsports, Inc. markets and promotes motorsports entertainment in the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.60|
|52 Week High||US$3.61|
|52 Week Low||US$1.83|
|1 Month Change||59.29%|
|3 Month Change||35.85%|
|1 Year Change||85.31%|
|3 Year Change||82.74%|
|5 Year Change||60.00%|
|Change since IPO||-67.64%|
Recent News & Updates
Dover Motorsports: Change Is A Good Thing
DVD stock has been dead money for nearly a decade, as a seemingly obvious case for Dover as a takeover target hasn't played out. But a reopened track in Nashville, upheaval in the NASCAR schedule, and changes to Dover's ownership suggest there should be some urgency around a sale. A rally over the past year-plus adds a bit of risk, and lessens reward, but Dover stock still seems like it should have more upside ahead.
|DVD||US Hospitality||US Market|
Return vs Industry: DVD exceeded the US Hospitality industry which returned 0.8% over the past year.
Return vs Market: DVD exceeded the US Market which returned 20% over the past year.
|DVD Average Weekly Movement||17.0%|
|Hospitality Industry Average Movement||6.5%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: DVD is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: DVD's weekly volatility has increased from 10% to 17% over the past year.
About the Company
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.
Dover Motorsports Fundamentals Summary
|DVD fundamental statistics|
Is DVD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DVD income statement (TTM)|
|Cost of Revenue||US$32.84m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.35|
|Net Profit Margin||24.51%|
How did DVD perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Is Dover Motorsports undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DVD ($3.6) is trading above our estimate of fair value ($1.15)
Significantly Below Fair Value: DVD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DVD is good value based on its PE Ratio (10.4x) compared to the US Hospitality industry average (23.2x).
PE vs Market: DVD is good value based on its PE Ratio (10.4x) compared to the US market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DVD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DVD is good value based on its PB Ratio (1.6x) compared to the US Hospitality industry average (3.2x).
How is Dover Motorsports forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Dover Motorsports has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Dover Motorsports performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DVD has a high level of non-cash earnings.
Growing Profit Margin: DVD's current net profit margins (24.5%) are higher than last year (20.4%).
Past Earnings Growth Analysis
Earnings Trend: DVD's earnings have grown significantly by 20.8% per year over the past 5 years.
Accelerating Growth: DVD's earnings growth over the past year (4.5%) is below its 5-year average (20.8% per year).
Earnings vs Industry: DVD earnings growth over the past year (4.5%) underperformed the Hospitality industry 79.7%.
Return on Equity
High ROE: DVD's Return on Equity (15.5%) is considered low.
How is Dover Motorsports's financial position?
Financial Position Analysis
Short Term Liabilities: DVD's short term assets ($26.4M) exceed its short term liabilities ($5.4M).
Long Term Liabilities: DVD's short term assets ($26.4M) exceed its long term liabilities ($12.3M).
Debt to Equity History and Analysis
Debt Level: DVD is debt free.
Reducing Debt: DVD has no debt compared to 5 years ago when its debt to equity ratio was 15.2%.
Debt Coverage: DVD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DVD has no debt, therefore coverage of interest payments is not a concern.
What is Dover Motorsports's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DVD's dividend (2.22%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: DVD's dividend (2.22%) is low compared to the top 25% of dividend payers in the US market (3.63%).
Stability and Growth of Payments
Stable Dividend: DVD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DVD's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.3%), DVD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Denis McGlynn (75 yo)
Mr. Denis L. McGlynn has been Chief Executive Officer and President of Dover Motorsports, Inc. since 1979 and Chief Executive Officer and President of its subsidiary Dover Downs Gaming & Entertainment, Inc...
CEO Compensation Analysis
Compensation vs Market: Denis's total compensation ($USD315.65K) is below average for companies of similar size in the US market ($USD563.50K).
Compensation vs Earnings: Denis's compensation has been consistent with company performance over the past year.
Experienced Management: DVD's management team is seasoned and experienced (13.6 years average tenure).
Experienced Board: DVD's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Dover Motorsports, Inc.'s employee growth, exchange listings and data sources
- Name: Dover Motorsports, Inc.
- Ticker: DVD
- Exchange: NYSE
- Founded: 1969
- Industry: Leisure Facilities
- Sector: Consumer Services
- Market Cap: US$131.125m
- Shares outstanding: 36.42m
- Website: https://www.dovermotorsports.com
Number of Employees
- Dover Motorsports, Inc.
- 1131 North DuPont Highway
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 23:57|
|End of Day Share Price||2021/11/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.