NYSE:TRK

Speedway Motorsports (TRK) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$19.74
$19.78
50-Day Range
$19.78
$19.78
52-Week Range
$13.47
$19.90
Volume
245,482 shs
Average Volume
542,522 shs
Market Capitalization
$808.01 million
P/E Ratio
19.78
Dividend Yield
3.03%
Price Target
N/A
TRK stock logo

About Speedway Motorsports Stock (NYSE:TRK)

Speedway Motorsports, Inc., through its subsidiaries, promotes, markets, and sponsors motorsports activities in the United States. The company owns and operates eight racing facilities, including Atlanta Motor Speedway, Bristol Motor Speedway, Charlotte Motor Speedway, Kentucky Speedway, Las Vegas Motor Speedway, New Hampshire Motor Speedway, Sonoma Raceway, and Texas Motor Speedway racing facilities. As of December 31, 2018, its racing facilities included total seating capacity of approximately 692,000, with 754 luxury suites. The company also provides souvenir merchandising, including screen-printing and embroidery, as well as food, beverage, and hospitality catering services; and radio programming, production, and distribution services. In addition, it manufactures and distributes modified racing cars and parts; produces and sells micro-lubricant; distributes, wholesales, and retails motorsports and other sports-related souvenir merchandise and apparel; leases natural gas mineral rights; and rents office, warehouse, and industrial park space, as well as track rentals for motorsports and non-motorsports events and activities, and driving schools. The company was founded in 1959 and is based in Concord, North Carolina. Speedway Motorsports, Inc. is a subsidiary of Sonic Financial Corporation.

TRK Stock News Headlines

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Second day of Indy 500 testing canceled
Sports on TV for Apr. 6 - 7
Sports on TV for Sunday, Apr. 7
Sports on TV for Friday, Apr. 5
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Company Calendar

Last Earnings
4/26/2018
Today
4/23/2024

Industry, Sector and Symbol

Industry
Racing, Including Track Operation
Sub-Industry
Leisure Facilities
CUSIP
84778810
Fax
N/A
Employees
1,030
Year Founded
N/A

Profitability

Net Income
$40.45 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$461.91 million
Cash Flow
$2.35 per share
Book Value
$22.89 per share

Miscellaneous

Free Float
N/A
Market Cap
$808.01 million
Optionable
Optionable
Beta
0.91
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Key Executives

  • Mr. O. Bruton Smith (Age 92)
    Exec. Chairman
  • Mr. Marcus G. Smith (Age 45)
    Pres, CEO & Director
  • Mr. William R. Brooks (Age 69)
    Vice-Chairman, CFO & Treasurer
  • Mr. James B. Scudder (Age 61)
    Chief Accounting Officer & Sr. VP
  • Mr. J. Cary Tharrington IV
    Sr. VP, Gen. Counsel & Sec.

TRK Stock Analysis - Frequently Asked Questions

How were Speedway Motorsports' earnings last quarter?

Speedway Motorsports, Inc. (NYSE:TRK) announced its quarterly earnings results on Thursday, April, 26th. The company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by $0.08. The company had revenue of $74.36 million for the quarter, compared to analyst estimates of $79.43 million. Speedway Motorsports had a trailing twelve-month return on equity of 4.22% and a net margin of 8.07%.

Is Speedway Motorsports a good dividend stock?

Speedway Motorsports (NYSE:TRK) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.02%. The dividend payout ratio is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRK will have a dividend payout ratio of 64.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRK.

What other stocks do shareholders of Speedway Motorsports own?
This page (NYSE:TRK) was last updated on 4/23/2024 by MarketBeat.com Staff

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