ClubCorp Holdings Company Profile (NYSE:MYCC)

About ClubCorp Holdings (NYSE:MYCC)

ClubCorp Holdings logoClubCorp Holdings, Inc., incorporated on November 10, 2010, is engaged in membership-based leisure business. The Company is also the owner-operator of private golf and country clubs, and business, sports and alumni clubs in North America. The Company operates through two segments: golf and country clubs, and business, sports and alumni clubs. The golf and country club segment includes private country clubs, golf clubs and public golf facilities. The business, sports and alumni club segment includes business clubs, business/sports clubs, sports clubs and alumni clubs. As of April 12, 2017 it owned or operated a portfolio of over 200 golf and country clubs, business clubs, sports clubs, and alumni clubs in 27 states, the District of Columbia and two foreign countries that serve over 430,000 members. The Company's facilities are located in areas, such as Los Angeles, San Francisco, Atlanta, Columbus, Houston, Las Vegas and Richmond.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Sporting Activities
  • Sub-Industry: N/A
  • Symbol: NYSE:MYCC
  • CUSIP: N/A
  • Web:
  • Market Cap: $854.5 million
  • Outstanding Shares: 65,731,000
Average Prices:
  • 50 Day Moving Avg: $13.49
  • 200 Day Moving Avg: $14.97
  • 52 Week Range: $10.80 - $17.60
  • Trailing P/E Ratio: 216.67
  • Foreward P/E Ratio: 20.63
  • P/E Growth: 0.59
Sales & Book Value:
  • Annual Revenue: $1.09 billion
  • Price / Sales: 0.78
  • Book Value: $1.95 per share
  • Price / Book: 6.67
  • Annual Dividend: $0.52
  • Dividend Yield: 4.0%
  • EBIDTA: $210.64 million
  • Net Margins: -0.74%
  • Return on Equity: -0.22%
  • Return on Assets: -0.02%
  • Debt-to-Equity Ratio: 6.66%
  • Current Ratio: 0.66%
  • Quick Ratio: 0.60%
  • Average Volume: 812,546 shs.
  • Beta: 1.11
  • Short Ratio: 2.22

Frequently Asked Questions for ClubCorp Holdings (NYSE:MYCC)

What is ClubCorp Holdings' stock symbol?

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

How often does ClubCorp Holdings pay dividends? What is the dividend yield for ClubCorp Holdings?

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

How were ClubCorp Holdings' earnings last quarter?

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

When will ClubCorp Holdings make its next earnings announcement?

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

Where is ClubCorp Holdings' stock going? Where will ClubCorp Holdings' stock price be in 2017?

11 analysts have issued 12 month price objectives for ClubCorp Holdings' stock. Their forecasts range from $16.00 to $27.00. On average, they expect ClubCorp Holdings' stock price to reach $19.50 in the next twelve months. View Analyst Ratings for ClubCorp Holdings.

What are analysts saying about ClubCorp Holdings stock?

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)

Are investors shorting ClubCorp Holdings?

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 trading volume of 954,330 shares, the days-to-cover ratio is currently 3.2 days. Currently, 4.8% of the company's stock are short sold.

Who are some of ClubCorp Holdings' key competitors?

Who owns ClubCorp Holdings stock?

ClubCorp Holdings' stock is owned by a variety of of institutional and retail 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.

Who sold ClubCorp Holdings stock? Who is selling ClubCorp Holdings stock?

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.

Who bought ClubCorp Holdings stock? Who is buying ClubCorp Holdings stock?

ClubCorp Holdings' stock was acquired 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.

How do I buy ClubCorp Holdings stock?

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.

How much does a share of ClubCorp Holdings stock cost?

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

Analyst Ratings

Consensus Ratings for ClubCorp Holdings (NYSE:MYCC) (?)
Ratings Breakdown: 2 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.82)
Consensus Price Target: $19.50 (50.00% upside)

Analysts' Ratings History for ClubCorp Holdings (NYSE:MYCC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/17/2017Stifel NicolausLower Price TargetBuy$20.00 -> $18.00LowView Rating Details
4/13/2017FBR & CoLower Price TargetBuy$23.00 -> $21.00LowView Rating Details
4/13/2017Imperial CapitalLower Price TargetOutperform -> Outperform$21.00 -> $17.00LowView Rating Details
3/6/2017MacquarieDowngradeOutperform -> Neutral$16.90 -> $18.00N/AView Rating Details
1/3/2017Jefferies Group LLCReiterated RatingBuyN/AView Rating Details
9/26/2016Goldman Sachs Group IncInitiated CoverageNeutral$16.00N/AView Rating Details
9/13/2016Citigroup IncLower Price TargetBuy$17.50 -> $17.00N/AView Rating Details
8/19/2016MKM PartnersSet Price TargetBuy$22.00N/AView Rating Details
7/19/2016Wells Fargo & CoReiterated RatingBuyN/AView Rating Details
7/17/2016Deutsche Bank AGReiterated RatingBuyN/AView Rating Details
7/17/2016Bank of America CorpReiterated RatingBuyN/AView Rating Details
4/9/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
4/9/2016StephensReiterated RatingBuyN/AView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for ClubCorp Holdings (NYSE:MYCC)
Earnings by Quarter for ClubCorp Holdings (NYSE:MYCC)
Earnings History by Quarter for ClubCorp Holdings (NYSE:MYCC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/12/2017Q1 2017($0.08)($0.12)$221.74 million$221.28 millionViewN/AView Earnings Details
2/22/2017Q416$0.14$0.08$339.59 million$345.30 millionViewListenView Earnings Details
10/13/2016Q316$0.08$0.02$264.83 million$259.33 millionViewListenView Earnings Details
7/14/2016Q2$0.12$0.08$275.84 million$268.97 millionViewListenView Earnings Details
4/27/2016Q116($0.09)($0.13)$207.98 million$214.90 millionViewListenView Earnings Details
10/15/2015Q315$0.16$0.02$252.32 million$251.40 millionViewListenView Earnings Details
4/30/2015Q115($0.04)($0.07)$198.12 million$202.07 millionViewN/AView Earnings Details
10/16/2014Q3$0.09$0.05$205.97 million$204.48 millionViewListenView Earnings Details
7/24/2014Q2 2014$0.14$0.06$208.15 million$211.42 millionViewN/AView Earnings Details
4/30/2014Q114($0.03)($0.06)$167.25 million$165.72 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for ClubCorp Holdings (NYSE:MYCC)
Current Year EPS Consensus Estimate: $0.37 EPS
Next Year EPS Consensus Estimate: $0.63 EPS


Current Dividend Information for ClubCorp Holdings (NYSE:MYCC)
Most Recent Dividend:4/17/2017
Annual Dividend:$0.52
Dividend Yield:4.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-400.00% (Trailing 12 Months of Earnings)
140.54% (Based on This Year's Estimates)
82.54% (Based on Next Year's Estimates)
Dividend Payments by Quarter for ClubCorp Holdings (NYSE:MYCC)

Dividend History by Quarter for ClubCorp Holdings (NYSE:MYCC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for ClubCorp Holdings (NYSE:MYCC)
Insider Ownership Percentage: 2.90%
Insider Trades by Quarter for ClubCorp Holdings (NYSE:MYCC)
Institutional Ownership by Quarter for ClubCorp Holdings (NYSE:MYCC)
Insider Trades by Quarter for ClubCorp Holdings (NYSE:MYCC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/22/2016Andrew V. MillerEVPSell2,000$14.94$29,880.00View SEC Filing  
7/19/2016Margaret Mary SpellingsDirectorBuy1,000$14.76$14,760.00View SEC Filing  
3/7/2016Janet GroveDirectorBuy1,000$14.55$14,550.00View SEC Filing  
3/4/2016Margaret Mary SpellingsDirectorBuy1,300$14.95$19,435.00View SEC Filing  
2/29/2016John A. BeckertDirectorBuy10,000$13.41$134,100.00View SEC Filing  
2/26/2016Douglas H. BrooksDirectorBuy7,500$13.79$103,425.00View SEC Filing  
2/26/2016Eric AffeldtCEOBuy15,000$13.25$198,750.00View SEC Filing  
1/21/2016Curtis D McclellanCFOSell2,000$12.94$25,880.00View SEC Filing  
12/1/2015Eric AffeldtCEOSell5,000$17.91$89,550.00View SEC Filing  
11/2/2015Eric AffeldtCEOSell5,000$20.55$102,750.00View SEC Filing  
10/20/2015Cca Co-Invest Lp KslMajor ShareholderSell8,968,922$20.58$184,580,414.76View SEC Filing  
10/1/2015Eric AffeldtCEOSell5,000$21.13$105,650.00View SEC Filing  
9/29/2015Curtis D McclellanCFOSell2,000$21.23$42,460.00View SEC Filing  
9/8/2015Eric AffeldtCEOSell5,000$23.78$118,900.00View SEC Filing  
8/18/2015Daniel T TilleyEVPSell10,000$23.75$237,500.00View SEC Filing  
8/17/2015Daniel T TilleyEVPSell10,000$23.44$234,400.00View SEC Filing  
7/6/2015Curtis D McclellanCFOSell13,200$23.98$316,536.00View SEC Filing  
5/14/2015Mark A BurnettCOOSell15,000$22.09$331,350.00View SEC Filing  
5/12/2015Daniel T TilleyEVPSell10,000$21.58$215,800.00View SEC Filing  
5/11/2015Fillmore Cca Investment, LlcMajor ShareholderSell13,800,000$19.97$275,586,000.00View SEC Filing  
4/30/2015Eric AffeldtCEOSell20,000$22.00$440,000.00View SEC Filing  
4/14/2015Eric AffeldtCEOSell10,000$21.00$210,000.00View SEC Filing  
4/8/2015Eric AffeldtCEOSell14,800$19.86$293,928.00View SEC Filing  
4/7/2015Eric AffeldtCEOSell4,400$19.52$85,888.00View SEC Filing  
3/27/2015Mark A BurnettCOOSell25,000$18.91$472,750.00View SEC Filing  
3/24/2015Curtis D McclellanCFOSell6,800$18.44$125,392.00View SEC Filing  
10/24/2014Mark A BurnettCOOSell19,102$19.12$365,230.24View SEC Filing  
10/23/2014Douglas H BrooksDirectorBuy5,300$18.99$100,647.00View SEC Filing  
6/16/2014Fillmore Cca Investment, LlcMajor ShareholderSell8,050,000$17.43$140,311,500.00View SEC Filing  
10/23/2013Fillmore Cca Investment, LlcMajor ShareholderSell2,699,781$13.13$35,448,124.53View SEC Filing  
9/25/2013Fillmore Cca Investment, LlcMajor ShareholderSell4,800,000$13.13$63,024,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for ClubCorp Holdings (NYSE:MYCC)
Latest Headlines for ClubCorp Holdings (NYSE:MYCC)
DateHeadline logoShort Interest in ClubCorp Holdings Inc (MYCC) Increases By 45.7% - May 16 at 7:08 AM logoClubCorp Holdings Inc (MYCC) Receives Average Recommendation of "Buy" from Brokerages - May 15 at 11:56 AM logoClubCorp and FrontFour Capital Reach Agreement to Add Two New Independent Directors to Board of Directors - May 12 at 7:21 PM logoClubCorp Holdings (MYCC) Receiving Favorable News Coverage, Study Finds - May 12 at 12:36 AM logoETFs with exposure to ClubCorp Holdings, Inc. : May 11, 2017 - May 11 at 7:14 PM logoGolf operator ClubCorp nearing deal with activist FrontFour- sources - May 9 at 6:22 PM logoClubCorp Holdings (MYCC) Getting Somewhat Favorable News Coverage, Report Finds - May 4 at 1:21 AM logoClubCorp Holdings Inc (MYCC) Expected to Post Earnings of $0.15 Per Share - May 3 at 4:06 PM logoETFs with exposure to ClubCorp Holdings, Inc. : May 1, 2017 - May 1 at 5:41 PM logoClubCorp Holdings (MYCC) Given Coverage Optimism Rating of 0.16 - April 30 at 6:05 PM logoClubCorp Holdings, Inc. :MYCC-US: Earnings Analysis: Q1, 2017 By the Numbers : April 28, 2017 - April 28 at 7:44 PM logoHouston City Club discloses job cuts due to closure - April 24 at 4:29 PM logoClubCorp Holdings (MYCC) Receiving Somewhat Critical Press Coverage, Analysis Finds - April 24 at 11:20 AM logoClubCorp Holdings (MYCC) Receives Daily Media Impact Rating of -0.33 - April 20 at 8:49 AM logoClubCorp Holdings Inc (MYCC) Given Average Recommendation of "Buy" by Analysts - April 18 at 11:40 AM logoClubCorp Holdings (MYCC) Getting Somewhat Positive News Coverage, Analysis Finds - April 17 at 11:51 PM logoClubCorp Holdings Inc (MYCC) Stock Rating Reaffirmed by Stifel Nicolaus - April 17 at 12:20 PM logo$277.49 Million in Sales Expected for ClubCorp Holdings Inc (MYCC) This Quarter - April 14 at 1:57 PM logoClubCorp Holdings Inc (MYCC) Given "Buy" Rating at FBR & Co - April 13 at 4:26 PM logoClubCorp Holdings (MYCC) Earning Somewhat Negative Media Coverage, Study Finds - April 13 at 12:44 PM logoClubCorp Holdings Inc (MYCC) Price Target Lowered to $17.00 at Imperial Capital - April 13 at 7:54 AM logoEdited Transcript of MYCC earnings conference call or presentation 12-Apr-17 12:30pm GMT - April 13 at 12:42 AM logoClubCorp takes itself off the block, CEO to step down - April 12 at 7:39 PM logoClubCorp CEO to retire as company says it won't sell - April 12 at 7:39 PM logo-$0.08 Earnings Per Share Expected for ClubCorp Holdings Inc (MYCC) This Quarter - April 12 at 1:00 PM logoClubCorp CEO Eric Affeldt to Retire - GlobeNewswire (press release) - April 12 at 8:33 AM logoClubCorp Provides Update on Review of Strategic Alternatives - April 12 at 8:33 AM logoClubCorp Reports Twelfth Consecutive Quarter of Growth, Announces Acquisition of Oakhurst Golf and Country Club and "The Collective" a New Club Concept - April 12 at 8:33 AM logoClubCorp CEO Eric Affeldt to Retire - April 12 at 8:33 AM logoClubCorp Acquires Oakhurst Golf & Country Club, Marking Its Fourth Acquisition in 2017 - April 12 at 8:33 AM logoClubCorp says it won't pursue a strategic deal at this time - April 12 at 8:33 AM logoClubCorp reports 1Q loss - April 12 at 8:33 AM logoClubCorp to not pursue strategic alternatives; CEO to step down - April 12 at 8:33 AM logoClubCorp Holdings, Inc. : MYCC-US: Dividend Analysis : April 05th, 2017 (record date) : By the numbers : April 5, 2017 - April 7 at 11:22 AM logoClubCorp Holdings, Inc. (MYCC) Ex-Dividend Date Scheduled for April 03, 2017 - Nasdaq - March 31 at 9:26 AM logoClubCorp Holdings Inc (MYCC) Given Consensus Rating of "Buy" by Brokerages - March 24 at 2:20 PM logoClubCorp Announces Third Acquisition in 2017 with Purchase of Norbeck Country Club - March 14 at 5:49 PM logoFrontFour Nominates Director Candidates To Board of ClubCorp Holdings - March 10 at 9:37 AM logoClubCorp downgraded by Macquarie - March 6 at 6:15 PM logoCan Yoga Save the Golf Club? - March 5 at 11:21 PM logoClubCorp Holdings (MYCC) Q4 2016 Results - Earnings Call Transcript - February 23 at 12:39 AM logoClubCorp Reports Sixth Consecutive Year of Record Results, and Announces Acquisition of North Hills Country Club - February 23 at 12:39 AM logoClubCorp Announces the Addition of North Hills Country Club - February 23 at 12:39 AM logoEdited Transcript of MYCC earnings conference call or presentation 22-Feb-17 3:00pm GMT - February 23 at 12:39 AM logoClubCorp Announces the Addition of North Hills Country Club - GlobeNewswire (press release) - February 22 at 6:51 PM logoClubCorp Holdings, Inc. Announces 2016 Fourth Quarter and Full Year Earnings Release Date and Conference Call Information - February 16 at 6:19 PM logoClubCorp Charity Classic Raises Record-Breaking $3,053,312 - February 16 at 6:18 PM logoCLUBCORP HOLDINGS, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhib - February 10 at 7:37 PM logoClubCorp Acquires Eagle’s Nest Country Club - February 8 at 7:36 PM logoCLUBCORP HOLDINGS, INC. Files SEC form 8-K, Change in Directors or Principal Officers - January 28 at 2:15 AM



ClubCorp Holdings (MYCC) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by Staff