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 Dover Motorsports stock | $1.96

Own Dover Motorsports stock in just a few minutes.

Fact checked

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 54 staff and has a trailing 12-month revenue of around USD$59.2 million.

How to buy shares in Dover Motorsports

  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 Dover Motorsports. Find the stock by name or ticker symbol: DVD. 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 Dover Motorsports 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. At last close price of USD$1.96, 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 Dover Motorsports, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Dover Motorsports. 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.

Dover Motorsports share price

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

Dover Motorsports shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$1.96
52-week rangeUSD$1.0194 - USD$2.0307
50-day moving average USD$1.8997
200-day moving average USD$1.5652
Wall St. target priceUSD$4
PE ratio 5.8457
Dividend yield USD$0.07 (3.55%)
Earnings per share (TTM) USD$0.337

Buy Dover Motorsports 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
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
$0 for US stocks
Stocks, Options, ETFs
$0
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

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 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.

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 $1.96 from 2020-12-18

1 week (2021-01-07) -19.34%
1 month (2020-12-17) -2.00%
3 months (2020-10-16) 35.17%
6 months (2020-07-16) 30.67%
1 year (2020-01-16) 5.95%
2 years (2019-01-16) -0.51%
3 years (2018-01-16) 0.51%
5 years (2016-01-15) 2.18

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 6x. In other words, Dover Motorsports shares trade at around 6x 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 USD$15.2 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 USD$59.2 million
Operating margin TTM 20.4%
Gross profit TTM USD$17.7 million
Return on assets TTM 8.41%
Return on equity TTM 17.66%
Profit margin 20.73%
Book value $2.023
Market capitalisation USD$71.7 million

TTM: trailing 12 months

Shorting Dover Motorsports shares

There are currently 4,837 Dover Motorsports shares held short by investors – that's known as Dover Motorsports's "short interest". This figure is 52.1% down from 10,097 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 53744.444444444). Dover Motorsports's SIR currently stands at 0.09. In other words for every 100,000 Dover Motorsports shares traded daily on the market, roughly 90 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 0.0003% of the tradable shares (for every 100,000 tradable Dover Motorsports 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 Dover Motorsports.

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

Dover Motorsports share dividends

11%

Dividend payout ratio: 11.43% of net profits

Recently Dover Motorsports has paid out, on average, around 11.43% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.55% 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 3.55% 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 low, this can signify that Dover Motorsports is investing more in its future growth.

Dover Motorsports's most recent dividend payout was on 10 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 9 November 2020 (the "ex-dividend date").

Have Dover Motorsports's shares ever split?

Dover Motorsports's shares were split on a 2:1 basis on 16 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 $1.0194 up to $2.0307. A popular way to gauge a stock's volatility is its "beta".

DVD.US volatility(beta: 0.66)Avg. volatility(beta: 1.00)LowHigh

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 0.6588. 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

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