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.
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Industry, Sector and Symbol
Industry Racing, including track operation
Sub-IndustryLeisure Facilities
SectorConsumer Discretionary
Phone704-455-3239
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$461.91 million
Profitability
Miscellaneous
Employees1,030
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable
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 declared a quarterly dividend on Tuesday, July 23rd. Investors of record on Thursday, August 15th will be paid a dividend of $0.15 per share on Friday, September 6th. This represents a $0.60 annualized dividend and a yield of 3.03%. The ex-dividend date is Wednesday, August 14th. View Speedway Motorsports' Dividend History.
How will Speedway Motorsports' stock buyback program work?
Speedway Motorsports announced that its board has authorized a stock buyback program on Wednesday, March 7th 2018, which authorizes the company to buyback 1,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually 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, July, 31st. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.03. The company had revenue of $141.87 million for the quarter, compared to the consensus estimate of $143.46 million. Speedway Motorsports had a net margin of 8.07% and a return on equity of 4.22%. View Speedway Motorsports' Earnings History.
When is Speedway Motorsports' next earnings date?
What guidance has Speedway Motorsports issued on next quarter's earnings?
Speedway Motorsports issued an update on its FY 2019 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $0.90-1.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.94.
What is the consensus analysts' recommendation for Speedway Motorsports?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Speedway Motorsports in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Speedway Motorsports.
Has Speedway Motorsports been receiving favorable news coverage?
Headlines about TRK stock have been trending negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Speedway Motorsports earned a news impact score of -2.8 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Speedway Motorsports.
Who are some of Speedway Motorsports' key competitors?
Some companies that are related to Speedway Motorsports include Cedar Fair (FUN), PROSIEBENSAT 1/ADR (PBSFY), Eldorado Resorts (ERI), Strategic Education (STRA), HUGO BOSS AG/S (BOSSY), Steven Madden (SHOO), Boyd Gaming (BYD), International Game Technology (IGT), Hilton Grand Vacations (HGV), Extended Stay America (STAY), Amc Networks (AMCX), DouYu International (DOYU), Belmond (BEL), Monro (MNRO) and Yeti (YETI).
What other stocks do shareholders of Speedway Motorsports own?
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.
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, Robinhood, Fidelity and Charles Schwab.
What is Speedway Motorsports' stock price today?
One share of TRK stock can currently be purchased for approximately $19.78.
How big of a company is Speedway Motorsports?
Speedway Motorsports has a market capitalization of $808.01 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?
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)
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.
