How to buy Dover Motorsports stock | $2.25

Dover Motorsports, Inc is a leisure business based in the US. Dover Motorsports shares (DVD) are listed on the NYSE and all prices are listed in US Dollars. Dover Motorsports employs 52 staff and has a trailing 12-month revenue of around 0.00.

Dover Motorsports stock price (NYSE: DVD)

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

Dover Motorsports shares at a glance

• Key figures

Information last updated 2021-07-30.

Latest market close	$2.25
52-week range	$1.25 - $2.61
50-day moving average	$2.28
200-day moving average	$2.22
Wall St. target price	$4.00
PE ratio	11.5574
Dividend yield	$0.07 (3.07%)
Earnings per share (TTM)	$0.20

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Is it a good time to buy Dover Motorsports 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.

Technical Analysis of Dover Motorsports, Inc by TradingView

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.

Dover Motorsports price performance over time

Historical closes compared with the close of $2.25 from 2021-05-28

1 week (2021-07-25)	N/A
1 month (2021-07-02)	-1.32%
3 months (2021-05-05)	4.17%
6 months (2021-02-01)	N/A

1 year (2020-08-01)	N/A
2 years (2019-08-01)	N/A
3 years (2018-08-01)	N/A
5 years (2016-08-01)	N/A

Is Dover Motorsports under- or over-valued?

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

Dover Motorsports's P/E ratio

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

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

Dover Motorsports's EBITDA

Dover Motorsports's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.9 million.

The EBITDA is a measure of a Dover Motorsports's overall financial performance and is widely used to measure a its profitability.

Dover Motorsports financials

Revenue TTM	$38.5 million
Operating margin TTM	4.85%
Gross profit TTM	$13.3 million
Return on assets TTM	1.37%
Return on equity TTM	11.71%
Profit margin	19.27%
Book value	$1.81
Market capitalisation	$85.9 million

TTM: trailing 12 months

Shorting Dover Motorsports shares

There are currently 29,269 Dover Motorsports shares held short by investors – that's known as Dover Motorsports's "short interest". This figure is 4.7% up from 27,950 last month.

There are a few different ways that this level of interest in shorting Dover Motorsports shares can be evaluated.

Dover Motorsports's "short interest ratio" (SIR)

Dover Motorsports's "short interest ratio" (SIR) is the quantity of Dover Motorsports shares currently shorted divided by the average quantity of Dover Motorsports shares traded daily (recently around 17016.860465116). Dover Motorsports's SIR currently stands at 1.72. In other words for every 100,000 Dover Motorsports shares traded daily on the market, roughly 1720 shares are currently held short.

However Dover Motorsports's short interest can also be evaluated against the total number of Dover Motorsports shares, or, against the total number of tradable Dover Motorsports shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Dover Motorsports's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Dover Motorsports shares in existence, roughly 0 shares are currently held short) or 0.0024% of the tradable shares (for every 100,000 tradable Dover Motorsports shares, roughly 2 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 Dover Motorsports.

Find out more about how you can short Dover Motorsports stock.

Dover Motorsports share dividends

Dividend payout ratio: 33.33% of net profits

Recently Dover Motorsports has paid out, on average, around 33.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Dover Motorsports shareholders could enjoy a 3.51% return on their shares, in the form of dividend payments. In Dover Motorsports's case, that would currently equate to about $0.07 per share.

While Dover Motorsports's payout ratio might seem fairly standard, it's worth remembering that Dover Motorsports may be investing much of the rest of its net profits in future growth.

Dover Motorsports's most recent dividend payout was on 9 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 May 2021 (the "ex-dividend date").

Have Dover Motorsports's shares ever split?

Dover Motorsports's shares were split on a 2:1 basis on 15 September 1998. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Dover Motorsports shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Dover Motorsports shares which in turn could have impacted Dover Motorsports's share price.

Dover Motorsports share price volatility

Over the last 12 months, Dover Motorsports's shares have ranged in value from as little as $1.2462 up to $2.6111. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Dover Motorsports's is 0.7252. This would suggest that Dover Motorsports's shares are less volatile than average (for this exchange).

Dover Motorsports overview

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. .

Frequently asked questions

What percentage of Dover Motorsports is owned by insiders or institutions?
Currently 14.802% of Dover Motorsports shares are held by insiders and 46.507% by institutions. How many people work for Dover Motorsports?
Latest data suggests 52 work at Dover Motorsports. When does the fiscal year end for Dover Motorsports?
Dover Motorsports's fiscal year ends in December. Where is Dover Motorsports based?
Dover Motorsports's address is: 1131 North DuPont Highway, Dover, DE, United States, 19901 What is Dover Motorsports's ISIN number?
Dover Motorsports's international securities identification number is: US2601741075 What is Dover Motorsports's CUSIP number?
Dover Motorsports's Committee on Uniform Securities Identification Procedures number is: 260086103