Speedway Motorsports Company Profile (NYSE:TRK)

About Speedway Motorsports (NYSE:TRK)

Speedway Motorsports logoSpeedway Motorsports, Inc. (SMI), through its operating subsidiaries, is a promoter, marketer and sponsor of motorsports activities in the United States. The Company's operations consist of promoting, marketing and sponsoring motorsports racing events, merchandising and other related activities conducted at its various speedway facilities located in the United States. Its segments include motorsports event related and all other. Its motorsports event related segment consists of National Association for Stock Car Auto Racing, Inc. (NASCAR) broadcasting and event motorsports merchandising activities. Its all other operations consist of SMIP subsidiary non-event motorsports and non-motorsports merchandising, US Legend Cars International subsidiary (Legend Cars) non-event merchandising and sanctioning body activities, Oil-Chem micro-lubricant activities, Texas Motor Speedway (TMS) natural gas mineral rights lease and related revenues, and office rentals at certain Company speedways.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Professional Sports Venues
  • Sub-Industry: Leisure Facilities
  • Symbol: NYSE:TRK
  • CUSIP: 84778810
  • Web: www.speedwaymotorsports.com
Capitalization:
  • Market Cap: $854.87 million
  • Outstanding Shares: 41,001,000
Average Prices:
  • 50 Day Moving Avg: $19.38
  • 200 Day Moving Avg: $19.19
  • 52 Week Range: $16.80 - $22.29
P/E:
  • Trailing P/E Ratio: 21.61
  • Foreward P/E Ratio: 19.86
  • P/E Growth: 10.65
Sales & Book Value:
  • Annual Revenue: $512.87 million
  • Price / Sales: 1.67
  • Book Value: $19.73 per share
  • Price / Book: 1.06
Dividend:
  • Annual Dividend: $0.60
  • Dividend Yield: 2.9%
Profitability:
  • EBIDTA: $130.33 million
  • Net Margins: 7.66%
  • Return on Equity: 5.33%
  • Return on Assets: 2.83%
Debt:
  • Debt-to-Equity Ratio: 0.28%
  • Current Ratio: 1.28%
  • Quick Ratio: 1.21%
Misc:
  • Average Volume: 46,145 shs.
  • Beta: 0.84
  • Short Ratio: 5.83
 
Frequently Asked Questions for Speedway Motorsports (NYSE:TRK)

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 Thursday, July 20th. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.15 per share on Tuesday, September 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date is Friday, August 11th. View Speedway Motorsports' Dividend History.

How were Speedway Motorsports' earnings last quarter?

Speedway Motorsports, Inc. (NYSE:TRK) issued its quarterly earnings data on Wednesday, July, 26th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.05. The company earned $179.25 million during the quarter. Speedway Motorsports had a return on equity of 5.33% and a net margin of 7.66%. View Speedway Motorsports' Earnings History.

When will Speedway Motorsports make its next earnings announcement?

Speedway Motorsports is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Speedway Motorsports.

Who are some of Speedway Motorsports' key competitors?

Who are Speedway Motorsports' key executives?

Speedway Motorsports' management team includes the folowing people:

  • Ollen Bruton Smith, Executive Chairman of the Board
  • Marcus G. Smith, President, Chief Executive Officer, Director
  • William R. Brooks, Vice Chairman of the Board, Chief Financial Officer, Treasurer
  • Edwin R. Clark, President and General Manager of Atlanta Motor Speedway, LLC
  • William E. Gossage, President of Texas Motor Speedway Inc.
  • Stephen Page, President and General Manager of Sonoma
  • Russell Christopher Powell, President of Las Vegas Motor Speedway, LLC
  • Jerry N. Caldwell, Executive Vice President and General Manager of Bristol Motor Speedway, LLC
  • David McGrath, Executive Vice President and General Manager of New Hampshire Motor Speedway
  • Mark F. Simendinger, Executive Vice President and General Manager of Kentucky Speedway

Who owns Speedway Motorsports stock?

Speedway Motorsports' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.71%), Vanguard Group Inc. (2.53%), Clark Estates Inc. NY (0.71%), potrero capital research llc (0.70%), State Street Corp (0.55%) and Vivaldi Asset Management LLC (0.54%). View Institutional Ownership Trends for Speedway Motorsports.

Who sold Speedway Motorsports stock? Who is selling Speedway Motorsports stock?

Speedway Motorsports' stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Goldman Sachs Group Inc., Citigroup Inc., California Public Employees Retirement System, Brandywine Global Investment Management LLC, California State Teachers Retirement System, Bank of New York Mellon Corp and Arrowstreet Capital Limited Partnership. View Insider Buying and Selling for Speedway Motorsports.

Who bought Speedway Motorsports stock? Who is buying Speedway Motorsports stock?

Speedway Motorsports' stock was acquired by a variety of institutional investors in the last quarter, including Vivaldi Asset Management LLC, Vanguard Group Inc., Brandes Investment Partners LP, Clark Estates Inc. NY, AXA, Dimensional Fund Advisors LP, potrero capital research llc and Balter Liquid Alternatives LLC. View Insider Buying and Selling for Speedway Motorsports.

How do I buy Speedway Motorsports stock?

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

What is Speedway Motorsports' stock price today?

One share of Speedway Motorsports stock can currently be purchased for approximately $20.85.


MarketBeat Community Rating for Speedway Motorsports (NYSE TRK)
Community Ranking:  1.1 out of 5 ()
Outperform Votes:  25 (Vote Outperform)
Underperform Votes:  84 (Vote Underperform)
Total Votes:  109
MarketBeat's community ratings are surveys of what our community members think about Speedway Motorsports and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Speedway Motorsports (NYSE:TRK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Speedway Motorsports (NYSE:TRK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/5/2017MacquarieUpgradeUnderperform -> NeutralMediumView Rating Details
(Data available from 8/16/2015 forward)

Earnings

Earnings History for Speedway Motorsports (NYSE:TRK)
Earnings by Quarter for Speedway Motorsports (NYSE:TRK)
Earnings History by Quarter for Speedway Motorsports (NYSE TRK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.29N/AView Earnings Details
7/26/2017Q2 2017$0.63$0.68$179.25 millionViewN/AView Earnings Details
4/28/2017Q1 2017$0.04$0.02$80.33 millionViewN/AView Earnings Details
3/1/2017Q4 2016$0.02$0.01$82.63 millionViewListenView Earnings Details
10/26/2016Q316$0.30$0.33$145.48 million$170.70 millionViewListenView Earnings Details
7/27/2016Q216$0.70$0.60$179.30 million$175.70 millionViewListenView Earnings Details
4/27/2016Q116$0.05$0.02$85.87 million$83.20 millionViewListenView Earnings Details
10/28/2015Q315$0.28$0.31$142.90 million$144.10 millionViewListenView Earnings Details
7/29/2015Q215$0.67$0.68$180.83 million$179.30 millionViewListenView Earnings Details
4/29/2015Q115$0.03$0.05$85.77 million$85.30 millionViewListenView Earnings Details
3/4/2015Q414$0.03$0.04$81.65 million$84.10 millionViewListenView Earnings Details
10/29/2014Q3$0.26$0.28$137.56 million$139.84 millionViewListenView Earnings Details
7/30/2014Q2$0.67$0.66$173.92 million$175.90 millionViewListenView Earnings Details
4/30/2014Q1$0.03$0.03$84.22 million$84.54 millionViewListenView Earnings Details
3/5/2014Q4$0.02$0.03$83.60 million$82.20 millionViewListenView Earnings Details
10/30/2013Q313$0.33$0.26$144.10 million$137.50 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.63$0.61$181.80 million$176.80 millionViewListenView Earnings Details
5/1/2013Q1 2013$0.01$0.03$86.00 million$84.20 millionViewListenView Earnings Details
11/2/2011$0.52$0.58ViewN/AView Earnings Details
8/3/2011$0.34$0.49ViewN/AView Earnings Details
5/4/2011$0.15$0.08ViewN/AView Earnings Details
3/9/2011($0.05)$0.09ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Speedway Motorsports (NYSE:TRK)
Current Year EPS Consensus Estimate: $1.00 EPS
Next Year EPS Consensus Estimate: $1.05 EPS

Dividends

Current Dividend Information for Speedway Motorsports (NYSE:TRK)
Next Dividend:9/5/2017
Annual Dividend:$0.60
Dividend Yield:2.88%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:62.50% (Trailing 12 Months of Earnings)
60.00% (Based on This Year's Estimates)
57.14% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Speedway Motorsports (NYSE:TRK)

Dividend History by Quarter for Speedway Motorsports (NYSE TRK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/20/2017quarterly$0.153.12%8/11/20178/15/20179/5/2017
4/20/2017quarterly$0.153.08%5/11/20175/15/20176/5/2017
2/16/2017quarterly$0.152.74%2/27/20173/1/20173/17/2017
10/20/2016quarterly$0.153.37%11/8/201611/11/201612/2/2016
7/20/2016quarterly$0.153.25%8/11/20168/15/20169/5/2016
4/21/2016quarterly$0.153.27%5/12/20165/16/20166/6/2016
2/18/2016quarterly$0.153.26%2/26/20163/1/20163/18/2016
10/15/2015quarterly$0.153.15%11/10/201511/13/201512/4/2015
7/16/2015quarterly$0.152.59%8/12/20158/14/20159/4/2015
4/16/2015quarterly$0.152.36%5/13/20155/15/20156/5/2015
2/12/2015quarterly$0.152.57%2/26/20153/2/20153/13/2015
10/16/2014quarterly$0.153.43%11/12/201411/14/201412/5/2014
7/17/2014quarterly$0.153.39%8/13/20148/15/20149/5/2014
4/15/2014quarterly$0.153.32%5/14/20145/16/20146/6/2014
2/12/2014quarterly$0.153.13%2/26/20142/28/20143/14/2014
10/17/2013quarterly$0.153.06%11/13/201311/15/201312/6/2013
7/18/2013quarterly$0.153.05%8/14/20138/16/20139/6/2013
4/16/2013quarterly$0.153.45%5/15/20135/17/20136/7/2013
2/13/2013quarterly$0.153.54%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Speedway Motorsports (NYSE:TRK)
Insider Ownership Percentage: 72.00%
Institutional Ownership Percentage: 21.76%
Insider Trades by Quarter for Speedway Motorsports (NYSE:TRK)
Institutional Ownership by Quarter for Speedway Motorsports (NYSE:TRK)
Insider Trades by Quarter for Speedway Motorsports (NYSE:TRK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/15/2014O Bruton SmithCEOBuy10,000$17.19$171,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Speedway Motorsports (NYSE:TRK)
Latest Headlines for Speedway Motorsports (NYSE:TRK)
Source:
DateHeadline
finance.yahoo.com logoEdited Transcript of TRK earnings conference call or presentation 26-Jul-17 2:00pm GMT
finance.yahoo.com - August 12 at 8:43 AM
americanbankingnews.com logoBidaskClub Upgrades Speedway Motorsports, Inc. (TRK) to "Buy"
www.americanbankingnews.com - August 3 at 1:12 PM
americanbankingnews.com logo Analysts Expect Speedway Motorsports, Inc. (NYSE:TRK) Will Post Earnings of $0.32 Per Share
www.americanbankingnews.com - August 3 at 12:32 AM
americanbankingnews.com logoAnalyzing Speedway Motorsports (NYSE:TRK) and Dover Motorsports (DVD)
www.americanbankingnews.com - August 2 at 8:22 PM
finance.yahoo.com logoSpeedway Motorsports, Inc. :TRK-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017
finance.yahoo.com - August 2 at 7:57 AM
americanbankingnews.com logoDover Motorsports (DVD) and Speedway Motorsports (NYSE:TRK) Head to Head Survey
www.americanbankingnews.com - July 31 at 9:33 AM
americanbankingnews.com logoSpeedway Motorsports, Inc. (TRK) Expected to Earn FY2017 Earnings of $1.00 Per Share
www.americanbankingnews.com - July 31 at 8:20 AM
americanbankingnews.com logoSpeedway Motorsports, Inc. (NYSE:TRK) Upgraded to B at TheStreet
www.americanbankingnews.com - July 30 at 7:52 PM
americanbankingnews.com logoSpeedway Motorsports, Inc. to Post FY2019 Earnings of $1.14 Per Share, Gabelli Forecasts (TRK)
www.americanbankingnews.com - July 28 at 7:23 PM
americanbankingnews.com logoSpeedway Motorsports, Inc. (NYSE:TRK) Issues Earnings Results
www.americanbankingnews.com - July 27 at 3:45 PM
americanbankingnews.com logoZacks: Speedway Motorsports, Inc. (TRK) Given $17.00 Average Target Price by Analysts
www.americanbankingnews.com - July 27 at 10:50 AM
finance.yahoo.com logoSpeedway Motorsports Reports Results for the Three and Six Months Ended June 30, 2017 and Reaffirms Full Year 2017 Guidance 
finance.yahoo.com - July 26 at 9:10 AM
finance.yahoo.com logoSpeedway posts 2Q profit
finance.yahoo.com - July 26 at 9:10 AM
finance.yahoo.com logoInvestor Network: Speedway Motorsports, Inc. to Host Earnings Call
finance.yahoo.com - July 26 at 9:10 AM
americanbankingnews.com logoSpeedway Motorsports, Inc. (TRK) Upgraded to Hold at BidaskClub
www.americanbankingnews.com - July 24 at 7:52 PM
finance.yahoo.com logoSpeedway Motorsports, Inc. Schedules 2017 Second Quarter Earnings Conference Call
finance.yahoo.com - July 22 at 9:49 AM
americanbankingnews.com logoSpeedway Motorsports, Inc. (TRK) Announces $0.15 Quarterly Dividend
www.americanbankingnews.com - July 20 at 6:49 PM
americanbankingnews.com logoBrokerages Expect Speedway Motorsports, Inc. (NYSE:TRK) to Announce $0.63 Earnings Per Share
www.americanbankingnews.com - July 20 at 12:41 PM
finance.yahoo.com logoSpeedway Motorsports (TRK) In Focus: Stock Moves 8.5% Higher
finance.yahoo.com - July 20 at 8:57 AM
finance.yahoo.com logoSpeedway Motorsports, Inc. breached its 50 day moving average in a Bullish Manner : TRK-US : July 19, 2017
finance.yahoo.com - July 19 at 8:27 AM
americanbankingnews.com logoSpeedway Motorsports, Inc. (NYSE:TRK) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - July 15 at 10:34 AM
americanbankingnews.com logoBidaskClub Lowers Speedway Motorsports, Inc. (TRK) to Sell
www.americanbankingnews.com - July 13 at 12:08 AM
americanbankingnews.com logo$0.63 EPS Expected for Speedway Motorsports, Inc. (TRK) This Quarter
www.americanbankingnews.com - July 11 at 6:16 PM
finance.yahoo.com logoSpeedway Motorsports, Inc. – Value Analysis (NYSE:TRK) : July 10, 2017
finance.yahoo.com - July 11 at 8:39 AM
finance.yahoo.com logoSpeedway Motorsports, Inc. breached its 50 day moving average in a Bearish Manner : TRK-US : July 7, 2017
finance.yahoo.com - July 8 at 2:50 PM
americanbankingnews.com logoCritical Analysis: Dover Motorsports (DVD) versus Speedway Motorsports (NYSE:TRK)
www.americanbankingnews.com - July 4 at 8:24 AM
americanbankingnews.com logoInternational Speedway Corporation (ISCA) versus Speedway Motorsports (TRK) Head to Head Analysis
www.americanbankingnews.com - July 4 at 12:14 AM
americanbankingnews.com logoSpeedway Motorsports, Inc. (NYSE:TRK) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - July 2 at 4:58 PM
americanbankingnews.com logoAnalyzing International Speedway Corporation (ISCA) and Speedway Motorsports (NYSE:TRK)
www.americanbankingnews.com - June 30 at 6:30 PM
finance.yahoo.com logoNASCAR Heat 2 to Include $50 Ticket-Coupon for Speedway Motorsports NASCAR-Sanctioned Events
finance.yahoo.com - June 29 at 7:32 AM
americanbankingnews.com logoAnalyzing International Speedway Corporation (ISCA) and Speedway Motorsports (TRK)
www.americanbankingnews.com - June 27 at 7:48 AM
finance.yahoo.com logoETFs with exposure to Speedway Motorsports, Inc. : June 15, 2017
finance.yahoo.com - June 15 at 8:42 PM
americanbankingnews.com logo Analysts Anticipate Speedway Motorsports, Inc. (TRK) Will Post Earnings of $0.63 Per Share
www.americanbankingnews.com - June 15 at 6:08 PM
americanbankingnews.com logoHead-To-Head Survey: Planet Fitness (PLNT) versus Speedway Motorsports (TRK)
www.americanbankingnews.com - June 12 at 8:34 PM
finance.yahoo.com logoSpeedway Motorsports, Inc. breached its 50 day moving average in a Bullish Manner : TRK-US : June 12, 2017
finance.yahoo.com - June 12 at 7:45 PM
americanbankingnews.com logoSpeedway Motorsports, Inc. (TRK) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - June 7 at 7:46 AM
americanbankingnews.com logoTheStreet Downgrades Speedway Motorsports, Inc. (TRK) to C+
www.americanbankingnews.com - May 25 at 3:02 PM
abcnews.go.com logoColumn: NASCAR turns to softer tires to goose All-Star race
abcnews.go.com - May 15 at 7:29 PM
finance.yahoo.com logoSpeedway Motorsports, Inc. : TRK-US: Dividend Analysis : May 15th, 2017 (record date) : By the numbers : May 11, 2017
finance.yahoo.com - May 12 at 2:39 AM
americanbankingnews.com logoSpeedway Motorsports, Inc. (TRK) Rating Increased to Neutral at Macquarie
www.americanbankingnews.com - May 6 at 2:40 PM
americanbankingnews.com logoSpeedway Motorsports (TRK) Receiving Somewhat Critical News Coverage, AlphaOne Reports
www.americanbankingnews.com - May 3 at 9:49 AM
finance.yahoo.com logoETFs with exposure to Speedway Motorsports, Inc. : May 2, 2017
finance.yahoo.com - May 2 at 6:19 PM
finance.yahoo.com logoSpeedway Motorsports, Inc. :TRK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 7:25 PM
americanbankingnews.com logoSpeedway Motorsports, Inc. (TRK) to Post FY2019 Earnings of $1.07 Per Share, Gabelli Forecasts
www.americanbankingnews.com - May 1 at 2:36 PM
americanbankingnews.com logoSpeedway Motorsports (TRK) Getting Somewhat Negative Media Coverage, Report Finds
www.americanbankingnews.com - April 30 at 11:57 AM
finance.yahoo.com logoFunding talks resume between MLS bid group, city leaders
finance.yahoo.com - April 28 at 11:07 PM
americanbankingnews.com logoSpeedway Motorsports, Inc. to Post FY2017 Earnings of $0.93 Per Share, Gabelli Forecasts (TRK)
www.americanbankingnews.com - April 28 at 3:14 PM
americanbankingnews.com logoSpeedway Motorsports, Inc. (TRK) Expected to Announce Earnings of $0.63 Per Share
www.americanbankingnews.com - April 27 at 11:24 PM
finance.yahoo.com logoEdited Transcript of TRK earnings conference call or presentation 26-Apr-17 2:00pm GMT
finance.yahoo.com - April 27 at 9:56 PM
finance.yahoo.com logoSpeedway Motorsports, Inc. – Value Analysis (NYSE:TRK) : April 27, 2017
finance.yahoo.com - April 27 at 9:56 PM

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Chart

Speedway Motorsports (TRK) Chart for Wednesday, August, 16, 2017

This page was last updated on 8/16/2017 by MarketBeat.com Staff