NYSE:TRK - Speedway Motorsports Stock Price, News, & Analysis

$18.40
+0.02 (+0.11 %)
(As of 06/18/2019 11:13 AM ET)
Today's Range
$18.40
Now: $18.40
$18.40
50-Day Range
$18.02
MA: $18.37
$18.80
52-Week Range
$13.47
Now: $18.40
$18.84
Volume100 shs
Average Volume35,543 shs
Market Capitalization$751.46 million
P/E Ratio18.40
Dividend Yield3.23%
Beta0.97
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. Read More…

Industry, Sector and Symbol

Industry Racing, including track operation
Sub-IndustryLeisure Facilities
SectorConsumer Discretionary
CUSIP84778810
Phone704-455-3239

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$461.91 million
Cash Flow$2.3350 per share
Book Value$22.89 per share

Profitability

Net Income$40.45 million

Miscellaneous

Employees1,030
Market Cap$751.46 million
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

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Speedway Motorsports (NYSE:TRK) Frequently Asked Questions

What is Speedway Motorsports' stock symbol?

Speedway Motorsports trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRK."

How often does Speedway Motorsports pay dividends? What is the dividend yield for Speedway Motorsports?

Speedway Motorsports announced a quarterly dividend on Wednesday, April 24th. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.15 per share on Wednesday, June 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date of this dividend is Tuesday, May 14th. View Speedway Motorsports' Dividend History.

How will Speedway Motorsports' stock buyback program work?

Speedway Motorsports declared that its board has approved a share repurchase plan on Wednesday, March 7th 2018, which allows the company to repurchase 1,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

How were Speedway Motorsports' earnings last quarter?

Speedway Motorsports, Inc. (NYSE:TRK) issued its quarterly earnings results on Wednesday, May, 1st. The company reported $0.22 EPS for the quarter, topping the Zacks' consensus estimate of ($0.07) by $0.29. The company earned $107.89 million during the quarter, compared to analysts' expectations of $74.35 million. Speedway Motorsports had a net margin of 10.63% and a return on equity of 5.62%. View Speedway Motorsports' Earnings History.

When is Speedway Motorsports' next earnings date?

Speedway Motorsports is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Speedway Motorsports.

What guidance has Speedway Motorsports issued on next quarter's earnings?

Speedway Motorsports updated its FY 2019 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of $0.90-1.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.95.

Has Speedway Motorsports been receiving favorable news coverage?

Headlines about TRK stock have trended positive on Tuesday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Speedway Motorsports earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Speedway Motorsports.

Are investors shorting Speedway Motorsports?

Speedway Motorsports saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 56,900 shares, a decrease of 17.7% from the April 15th total of 69,100 shares. Based on an average daily trading volume, of 62,900 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.5% of the shares of the company are sold short. View Speedway Motorsports' Current Options Chain.

Who are some of Speedway Motorsports' key competitors?

What other stocks do shareholders of Speedway Motorsports own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Speedway Motorsports investors own include Mattel (MAT), Ultra Clean (UCTT), General Electric (GE), US Foods (USFD), American National BankShares (AMNB), Enterprise Bancorp (EBTC), Twitter (TWTR), New York Times (NYT), CLEAR CHANNEL O/SH (CCO) and General Motors (GM).

Who are Speedway Motorsports' key executives?

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

Who are Speedway Motorsports' major shareholders?

Speedway Motorsports' stock is owned by many different of retail and institutional investors. Top institutional shareholders include North Star Investment Management Corp. (0.37%), First Quadrant L P CA (0.20%), Alambic Investment Management L.P. (0.16%), Cigna Investments Inc. New (0.09%), Strs Ohio (0.09%) and O Shaughnessy Asset Management LLC (0.06%). View Institutional Ownership Trends for Speedway Motorsports.

Which major investors are selling Speedway Motorsports stock?

TRK stock was sold by a variety of institutional investors in the last quarter, including Alambic Investment Management L.P., Cigna Investments Inc. New, Connor Clark & Lunn Investment Management Ltd. and Martingale Asset Management L P. View Insider Buying and Selling for Speedway Motorsports.

Which major investors are buying Speedway Motorsports stock?

TRK stock was acquired by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., Shell Asset Management Co., First Quadrant L P CA, O Shaughnessy Asset Management LLC, Meeder Asset Management Inc., Strs Ohio, Carroll Financial Associates Inc. and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Speedway Motorsports.

How do I buy shares of Speedway Motorsports?

Shares of TRK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Speedway Motorsports' stock price today?

One share of TRK stock can currently be purchased for approximately $18.40.

How big of a company is Speedway Motorsports?

Speedway Motorsports has a market capitalization of $751.46 million and generates $461.91 million in revenue each year. The company earns $40.45 million in net income (profit) each year or $1.00 on an earnings per share basis. Speedway Motorsports employs 1,030 workers across the globe.View Additional Information About Speedway Motorsports.

What is Speedway Motorsports' official website?

The official website for Speedway Motorsports is http://www.speedwaymotorsports.com/.

How can I contact Speedway Motorsports?

Speedway Motorsports' mailing address is 5555 CONCORD PARKWAY SOUTH, CONCORD NC, 28027. The company can be reached via phone at 704-455-3239.


MarketBeat Community Rating for Speedway Motorsports (NYSE TRK)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  144 (Vote Outperform)
Underperform Votes:  225 (Vote Underperform)
Total Votes:  369
MarketBeat's community ratings are surveys of what our community members think about Speedway Motorsports and other stocks. Vote "Outperform" if you believe TRK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/18/2019 by MarketBeat.com Staff

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