ClubCorp Holdings Company Profile (NYSE:MYCC)

ClubCorp Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "MYCC."

ClubCorp Holdings announced a quarterly dividend on Friday, February 10th. Shareholders of record on Wednesday, April 5th will be paid a dividend of $0.13 per share on Monday, April 17th. This represents a $0.52 annualized dividend and a dividend yield of 4.00%. The ex-dividend date is Monday, April 3rd. View ClubCorp Holdings' Dividend History.

ClubCorp Holdings Inc (NYSE:MYCC) released its earnings results on Wednesday, April, 12th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.04. The firm had revenue of $221.28 million for the quarter, compared to analysts' expectations of $221.74 million. ClubCorp Holdings had a negative net margin of 0.74% and a negative return on equity of 0.22%. The company's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.13) EPS. View ClubCorp Holdings' Earnings History.

ClubCorp Holdings is scheduled to release their next quarterly earnings announcement on Wednesday, July, 12th 2017. View Earnings Estimates for ClubCorp Holdings.

11 analysts have issued 1 year price objectives for ClubCorp Holdings' stock. Their predictions range from $16.00 to $27.00. On average, they anticipate ClubCorp Holdings' stock price to reach $19.50 in the next twelve months. View Analyst Ratings for ClubCorp Holdings.

Here are some recent quotes from research analysts about ClubCorp Holdings stock:

• 1. FBR & Co analysts commented, "MYCC reported 1Q17 adjusted EBITDA of $43.7M (versus FBR/consensus of $43.4M/ $43.6M). Additionally, MYCC announced the result of its strategic alternatives review: The board determined not to pursue a strategic transaction at this time and to continue executing its three-pronged growth strategy, focused on organic growth, reinvention, and acquisitions. MYCC reiterated FY17 guidance for revenue of $1.095B–$1.135B (versus FBR/consensus of $1.107B/$1.119B) and adjusted EBITDA of $255M–$265M (versus FBR/consensus of $259.5M/$260.1M). We continue to like the industry’s largest country club portfolio, and we are aggressive buyers on the pullback of the strategic review, not leading to an outright sale of MYCC." (4/13/2017)
• 2. Stifel Nicolaus analysts commented, "Judging by today's selloff in MYCC in response to in-line F4Q16 results and a relatively uneventful initial FY17 guide, we sense we are not alone in wondering what to do with the shares from here. Although the results were sound, we believe the market continues to embed a slight premium into MYCC's trading multiple to capture the potential for a meaningful value creation opportunity to emerge from the BOD's review of strategic alternatives. That said, we do not view a strategic outcome as certain, thus we continue to tread lightly in the name. Consolidated adjusted EBITDA totaled $83M, in line with our forecast and 1% ahead of consensus. GCC EBITDA was $84M (31.1% margin), 1% ahead of our $83M (30.4%) forecast and 4% higher y/y (+5% revs and 22bps margin compression). BSA EBITDA totaled $17M (25.2% margin), 2% below our forecast and 3% below consensus. The BSA miss versus our estimate was wholly margin driven (77bps). Total memberships at quarter end were 174,348, below our modeled 175,027 (BSA driven). Leverage at quarter end stood at 4.2x, down from 4.5x at the start of the year." (2/23/2017)
• 3. According to Zacks Investment Research, "ClubCorp Holdings, Inc. is involved in leisure business. The company owns or operates a golf and country clubs, business clubs, sports clubs and alumni clubs primarily in North America. It operates in two segments: Golf and Country Clubs and Business, Sports and Alumni Clubs. The Golf and Country Clubs segment offers private country clubs, golf clubs which offer private and public golf play, other recreational amenities and public golf facilities. The Business, Sports and Alumni Clubs segment provides business clubs for dining, business or social entertainment for business executives, professionals and entrepreneurs, sports clubs provides fitness and racquet facilities, business/sports clubs and alumni clubs to provide a connection between the university and its alumni and faculty. ClubCorp Holdings, Inc. is based in Dallas, Texas. " (12/15/2016)
• 4. Imperial Capital analysts commented, "We see potential for the letter to compel management and the board to re-focus ClubCorp's strategy and more fully unlock the value of its assets, which include 30K owned acres and several trophy properties. Additionally, MYCC generates approximately $150 million in annual operating free cash, allowing for more aggressive share buybacks or debt pay-down," analyst George Kelly wrote in a note.Related Link: What Clubs Will Tiger Woods Use For His Comeback?Kelly also sees potential for ClubCorp to be the target of an acquirer at levels above the current trading given its strong operating cash flow and is nearing the end of a heavy acquisition and investment cycle."We believe the spending cycle will fall in 2018 and approach more normal levels, returning to a MSD percent range of revenue. Private equity firms have historically been very active in the golf, leisure, and fitness spaces," (9/16/2016)

ClubCorp Holdings saw a increase in short interest during the month of April. As of April 28th, there was short interest totalling 3,060,751 shares, an increase of 45.7% from the April 13th total of 2,100,835 shares. Based on an average daily trading volume, of 954,330 shares, the short-interest ratio is currently 3.2 days. Approximately 4.8% of the company's stock are sold short.

Some companies that are related to ClubCorp Holdings include Caesars Entertainment Corp (CZR), La Quinta Holdings (LQ), Monro Muffler Brake (MNRO), MSG Networks (MSGN), Red Rock Resorts (RRR), International Speedway Corp (ISCA), Central Garden & Pet Co (CENT), Planet Fitness (PLNT), Eldorado Resorts (ERI), SeaWorld Entertainment (SEAS), World Wrestling Entertainment (WWE), NutriSystem (NTRI), American Woodmark (AMWD), E. W. Scripps Co (SSP), Acushnet Holdings Corp (GOLF), La-Z-Boy Incorporated (LZB), Interface (TILE) and American Outdoor Brands Corp (AOBC).

ClubCorp Holdings' management team includes the folowing people:

• John A. Beckert, Independent Chairman of the Board
• Mark A. Burnett, President, Chief Operating Officer
• Curtis D. McClellan CPA, Chief Financial Officer, Treasurer
• Daniel T. Tilley, Executive Vice President, Chief Information Officer
• Ingrid J. Keiser J.D., Executive Vice President - People Strategy, General Counsel, Secretary
• Todd M. Dupuis, Chief Accounting Officer
• Louis J. Grabowsky, Director
• Margaret Spellings, Director
• Douglas H. Brooks, Independent Director
• Arthur Jefferson Lamb III, Independent Director

ClubCorp Holdings' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.66%), Boston Partners (4.75%), Jennison Associates LLC (4.61%), Deprince Race & Zollo Inc. (3.92%), Canyon Capital Advisors LLC (3.92%) and Hodges Capital Management Inc. (2.93%). Company insiders that own ClubCorp Holdings stock include Andrew V Miller, Cca Co-Invest Lp Ksl, Curtis D Mcclellan, Daniel T Tilley, Douglas H Brooks, Eric Affeldt, Janet Grove, John A Beckert and Margaret Mary Spellings. View Institutional Ownership Trends for ClubCorp Holdings.

ClubCorp Holdings' stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Westwood Holdings Group Inc., Elk Creek Partners LLC, Clearline Capital LP, Jennison Associates LLC, American Century Companies Inc., Menta Capital LLC and Hodges Capital Management Inc.. View Insider Buying and Selling for ClubCorp Holdings.

ClubCorp Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Ranger Global Real Estate Advisors LLC, Kennedy Capital Management Inc., Granite Investment Partners LLC, Chescapmanager LLC, Renaissance Technologies LLC, Cornerstone Capital Management Holdings LLC., Oxford Asset Management and Monarch Partners Asset Management LLC. Company insiders that have bought ClubCorp Holdings stock in the last two years include Douglas H Brooks, Eric Affeldt, Janet Grove, John A Beckert and Margaret Mary Spellings. View Insider Buying and Selling for ClubCorp Holdings.

Shares of ClubCorp Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ClubCorp Holdings stock can currently be purchased for approximately $13.00.