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How to buy Dover Motorsports (DVD) stocks in Canada

Learn how to easily invest in Dover Motorsports stocks.

Dover Motorsports is a leisure business based in the US. Dover Motorsports stocks (DVD.US) 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 $51.5 million.

How to buy shares in Dover Motorsports

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – DVD – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Dover Motorsports stock price (NYSE:DVD)

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

Dover Motorsports shares at a glance

Information last updated 2022-01-17.
52-week range$1.93 - $3.62
50-day moving average $3.14
200-day moving average $2.53
Wall St. target price$4.00
PE ratio 10.3143
Dividend yield $0.11 (2.22%)
Earnings per share (TTM) $0.35

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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.

Dover Motorsports price performance over time

Historical closes compared with the close of $N/A from 2022-01-06

1 week (2022-01-10) N/A
1 month (2021-12-21) -100.00%
3 months (2021-10-21) -100.00%
6 months (2021-07-21) -100.00%
1 year (2021-01-21) -100.00%
2 years (2020-01-21) -100.00%
3 years (2019-01-18) -100.00%
5 years (2017-01-20) -100.00%

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 10x. In other words, Dover Motorsports shares trade at around 10x 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 $10.5 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 $51.5 million
Operating margin TTM 14.01%
Gross profit TTM $13.3 million
Return on assets TTM 4.67%
Return on equity TTM 16.41%
Profit margin 24.86%
Book value $2.26
Market capitalisation $131.5 million

TTM: trailing 12 months

Dover Motorsports share dividends

23%

Dividend payout ratio: 23.11% of net profits

Recently Dover Motorsports has paid out, on average, around 23.11% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.22% 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 2.22% return on their shares, in the form of dividend payments. In Dover Motorsports's case, that would currently equate to about $0.11 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 2021. The latest dividend was paid out to all shareholders who bought their shares by 9 November 2021 (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 $1.9289 up to $3.62. A popular way to gauge a stock's volatility is its "beta".

DVD.US volatility(beta: 0.64)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 0.6369. 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. .

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