NYSE:DVD

Stock Analysis Report

Executive Summary

Dover Motorsports, Inc. markets and promotes motorsports entertainment in the United States.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Risks

  • Dover Motorsports is not covered by any analysts.

Similar Companies

Share Price & News

How has Dover Motorsports's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.5%

NYSE:DVD

-2.1%

US Hospitality

-1.0%

US Market


1 Year Return

-5.6%

NYSE:DVD

-6.5%

US Hospitality

-0.4%

US Market

DVD matched the Hospitality industry (-6.5%) over the past year.

DVD underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

DVDIndustryMarket
7 Day0.5%-2.1%-1.0%
30 Day3.0%-5.4%-3.3%
90 Day-1.0%-3.4%0.8%
1 Year-1.9%-5.6%-4.3%-6.5%1.9%-0.4%
3 Year5.5%-4.7%40.2%31.3%39.4%30.4%
5 Year-13.4%-25.1%30.9%16.6%54.2%37.1%

Price Volatility Vs. Market

How volatile is Dover Motorsports's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Dover Motorsports undervalued based on future cash flows and its price relative to the stock market?

16.96x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Dover Motorsports's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Dover Motorsports's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Dover Motorsports is good value based on earnings compared to the US Hospitality industry average.

Dover Motorsports is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Dover Motorsports, we can't assess if its growth is good value.


Price Based on Value of Assets

Dover Motorsports is good value based on assets compared to the US Hospitality industry average.


Next Steps

Future Growth

How is Dover Motorsports expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Dover Motorsports is high growth as no revenue estimate data is available.

Dover Motorsports's earnings are expected to grow by 13.9% yearly, however this is not considered high growth (20% yearly).

Unable to compare Dover Motorsports's revenue growth to the United States of America market average as no estimate data is available.

Dover Motorsports's earnings growth is positive but not above the United States of America market average.

Dover Motorsports's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Dover Motorsports will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Dover Motorsports performed over the past 5 years?

26.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Dover Motorsports has delivered over 20% year on year earnings growth in the past 5 years.

Dover Motorsports's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Dover Motorsports's 1-year earnings growth is negative, it can't be compared to the US Hospitality industry average.


Return on Equity

Dover Motorsports has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Dover Motorsports used its assets less efficiently than the US Hospitality industry average last year based on Return on Assets.


Return on Capital Employed

Dover Motorsports's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Dover Motorsports's financial position?


Financial Position Analysis

Dover Motorsports is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Dover Motorsports's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Dover Motorsports's level of debt (0%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (33% vs 0% today).

Debt is well covered by operating cash flow (3.0736166736878E+19%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 1205.8x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 4.8977546667579E+17x debt.


Next Steps

Dividend

What is Dover Motorsports's current dividend yield, its reliability and sustainability?

3.94%

Current Dividend Yield


Dividend Yield and Payments Analysis

Dover Motorsports's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Dover Motorsports's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Dover Motorsports's salary, the management and board of directors tenure and is there insider trading?

18.8yrs

Average management tenure


CEO

Denis McGlynn (73yo)

40.6yrs

Tenure

US$337,217

Compensation

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

Denis's remuneration is about average for companies of similar size in United States of America.

Denis's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

18.8yrs

Average Tenure

59yo

Average Age

The average tenure for the Dover Motorsports management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

23.6yrs

Average Tenure

72yo

Average Age

The average tenure for the Dover Motorsports board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Klaus Belohoubek (59yo)

    Senior VP

    • Tenure: 20.6yrs
    • Compensation: $288.25k
  • Denis McGlynn (73yo)

    President

    • Tenure: 40.6yrs
    • Compensation: $337.22k
  • Tim Horne (53yo)

    Senior VP of Finance

    • Tenure: 11.3yrs
    • Compensation: $226.66k
  • Michael Tatoian (58yo)

    Executive VP & COO

    • Compensation: $299.91k
  • Thomas Wintermantel (60yo)

    Treasurer & Assistant Secretary

    • Tenure: 17.1yrs
    • Compensation: $218.20k

Board Members

  • Patrick Bagley (71yo)

    Director

    • Tenure: 23.6yrs
    • Compensation: $64.50k
  • R. Rollins (87yo)

    Director

    • Tenure: 23.6yrs
    • Compensation: $51.50k
  • Henry Tippie (92yo)

    Chairman & Presiding Director

    • Compensation: $102.72k
  • Denis McGlynn (73yo)

    President

    • Tenure: 39.8yrs
    • Compensation: $337.22k
  • Tim Horne (53yo)

    Senior VP of Finance

    • Tenure: 5.6yrs
    • Compensation: $226.66k
  • Jeffrey Rollins (54yo)

    Director

    • Tenure: 26.6yrs
    • Compensation: $45.50k

Company Information

Dover Motorsports, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dover Motorsports, Inc.
  • Ticker: DVD
  • Exchange: NYSE
  • Founded: 1969
  • Industry: leisure facilities
  • Sector: consumer services
  • Market Cap: US$74.297m
  • Shares outstanding: 36.60m
  • Website: Click here

Number of Employees


Location

  • Dover Motorsports, Inc.
  • 1131 North DuPont Highway
  • Dover
  • Delaware
  • 19901
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DVDNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 1996

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company AnalysisN/A
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.