Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Canterbury Park Holding Corporation stock

Own Canterbury Park Holding Corporation stock in just a few minutes.

Fact checked

Canterbury Park Holding Corporation is a gambling business based in the US. Canterbury Park Holding Corporation shares (CPHC) are listed on the NASDAQ and all prices are listed in US Dollars. Canterbury Park Holding Corporation employs 281 staff and has a trailing 12-month revenue of around USD$39.6 million.

How to buy shares in Canterbury Park Holding Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Canterbury Park Holding Corporation. Find the stock by name or ticker symbol: CPHC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Canterbury Park Holding Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Canterbury Park Holding Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Canterbury Park Holding Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Canterbury Park Holding Corporation share price

Use our graph to track the performance of CPHC stocks over time.

Canterbury Park Holding Corporation shares at a glance

Information last updated 2021-02-23.
52-week rangeUSD$7.8 - USD$13.9711
50-day moving average USD$13.1397
200-day moving average USD$12.3951
Wall St. target priceUSD$11
PE ratio 41.9304
Dividend yield USD$0.07 (0.53%)
Earnings per share (TTM) USD$0.316

Buy Canterbury Park Holding Corporation shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Robinhood
$0
Stocks, Options, ETFs, Gold/Commodities
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Tastyworks
$0
Stocks, Options, Cryptocurrency
Stocks & ETFs: $1/contract to open, $0 to close, $10 max/leg
Futures: $2.50/contract to open, $0 to close
0%
Get 100 shares of stock (worth $1 to $6 a share)
Open and fund a new cash or margin account with $2,000+
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
Moomoo
$0 for US stocks
Stocks, Options, ETFs
$0
N/A
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
TradeStation
$0
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency
$0 + $0.50/contract
$50
Deposit qualifying assets of $5,000+
A platform built for all kinds of traders and all styles of trading
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Canterbury Park Holding Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Canterbury Park Holding Corporation under- or over-valued?

Valuing Canterbury Park Holding Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Canterbury Park Holding Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Canterbury Park Holding Corporation's P/E ratio

Canterbury Park Holding Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 42x. In other words, Canterbury Park Holding Corporation shares trade at around 42x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Canterbury Park Holding Corporation's EBITDA

Canterbury Park Holding Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$2.7 million.

The EBITDA is a measure of a Canterbury Park Holding Corporation's overall financial performance and is widely used to measure a its profitability.

Canterbury Park Holding Corporation financials

Revenue TTM USD$39.6 million
Gross profit TTM USD$18.7 million
Return on assets TTM -0.09%
Return on equity TTM 2.96%
Profit margin 3.73%
Book value $10.795
Market capitalisation USD$62.5 million

TTM: trailing 12 months

Shorting Canterbury Park Holding Corporation shares

There are currently 812 Canterbury Park Holding Corporation shares held short by investors – that's known as Canterbury Park Holding Corporation's "short interest". This figure is 45.4% down from 1,488 last month.

There are a few different ways that this level of interest in shorting Canterbury Park Holding Corporation shares can be evaluated.

Canterbury Park Holding Corporation's "short interest ratio" (SIR)

Canterbury Park Holding Corporation's "short interest ratio" (SIR) is the quantity of Canterbury Park Holding Corporation shares currently shorted divided by the average quantity of Canterbury Park Holding Corporation shares traded daily (recently around 2900). Canterbury Park Holding Corporation's SIR currently stands at 0.28. In other words for every 100,000 Canterbury Park Holding Corporation shares traded daily on the market, roughly 280 shares are currently held short.

However Canterbury Park Holding Corporation's short interest can also be evaluated against the total number of Canterbury Park Holding Corporation shares, or, against the total number of tradable Canterbury Park Holding Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Canterbury Park Holding Corporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Canterbury Park Holding Corporation shares in existence, roughly 0 shares are currently held short) or 0.0004% of the tradable shares (for every 100,000 tradable Canterbury Park Holding Corporation shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Canterbury Park Holding Corporation.

Find out more about how you can short Canterbury Park Holding Corporation stock.

Canterbury Park Holding Corporation share dividends

22%

Dividend payout ratio: 21.88% of net profits

Recently Canterbury Park Holding Corporation has paid out, on average, around 21.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Canterbury Park Holding Corporation shareholders could enjoy a 2% return on their shares, in the form of dividend payments. In Canterbury Park Holding Corporation's case, that would currently equate to about $0.07 per share.

While Canterbury Park Holding Corporation's payout ratio might seem low, this can signify that Canterbury Park Holding Corporation is investing more in its future growth.

Canterbury Park Holding Corporation's most recent dividend payout was on 15 January 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2019 (the "ex-dividend date").

Canterbury Park Holding Corporation share price volatility

Over the last 12 months, Canterbury Park Holding Corporation's shares have ranged in value from as little as $7.8 up to $13.9711. A popular way to gauge a stock's volatility is its "beta".

CPHC.US volatility(beta: 0.5)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Canterbury Park Holding Corporation's is 0.5048. This would suggest that Canterbury Park Holding Corporation's shares are less volatile than average (for this exchange).

Canterbury Park Holding Corporation overview

Canterbury Park Holding Corporation hosts pari-mutuel wagering on horse races and unbanked card games at its Canterbury park racetrack and card casino facility in Shakopee, Minnesota. The company operates through four segments: Horse Racing, Card Casino, Food and Beverage, and Development. The Horse Racing segment operates year-round simulcasting of horse races and wagering on live thoroughbred; and quarter horse races on a seasonal basis. The Card Casino segment offers unbanked card games, such as poker and table games. The Food and Beverage segment operates concession stands, restaurants and buffets, bars, and other food venues; and café style restaurants and full service bars within the Card Casino and simulcast area. This segment also provides lounge services; buffet restaurant; various concession style food and beverages; and catering and events services. The Development segment engages in real estate development compatible with racetrack operations; and various development opportunities, such as office, restaurants, hotel, entertainment and retail operations. It is also involved in related services and activities, such as parking, advertising signage, publication sales, and other entertainment events and activities. The company was founded in 1994 and is based in Shakopee, Minnesota.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site