Canterbury Park Ownership

CPHC Stock  USD 21.74  0.63  2.98%   
The market capitalization of Canterbury Park Holding is $102.3 Million. Canterbury Park Holding retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
 
Shares in Circulation  
First Issued
1994-09-30
Previous Quarter
M
Current Value
M
Avarage Shares Outstanding
M
Quarterly Volatility
609.6 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Canterbury Park in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Canterbury Park, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
The current year's Dividend Yield is expected to grow to 0.02, whereas Dividends Paid is forecasted to decline to about 1.1 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 9.1 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 4.4 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canterbury Park Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Canterbury Stock Ownership Analysis

About 34.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.21. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canterbury Park Holding has Price/Earnings (P/E) ratio of 121.99. The entity last dividend was issued on the 30th of September 2024. Canterbury Park Holding Corporation, through its subsidiaries, engages in horse racing, card casino, food and beverage, and real estate development businesses. Canterbury Park Holding Corporation was founded in 1994 and is based in Shakopee, Minnesota. Canterbury Park operates under Gambling classification in the United States and is traded on NASDAQ Exchange. It employs 237 people. For more info on Canterbury Park Holding please contact the company at 952 445 7223 or go to https://www.canterburypark.com.
Besides selling stocks to institutional investors, Canterbury Park also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Canterbury Park's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Canterbury Park's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Canterbury Park Quarterly Liabilities And Stockholders Equity

114.23 Million

Canterbury Park Insider Trades History

About 34.0% of Canterbury Park Holding are currently held by insiders. Unlike Canterbury Park's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Canterbury Park's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Canterbury Park's insider trades
 
Covid

Canterbury Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Canterbury Park is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canterbury Park Holding backward and forwards among themselves. Canterbury Park's institutional investor refers to the entity that pools money to purchase Canterbury Park's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
T. Rowe Price Associates, Inc.2024-09-30
11.4 K
Northern Trust Corp2024-09-30
11.3 K
Blackrock Inc2024-06-30
8.1 K
Royal Bank Of Canada2024-09-30
6.4 K
Advisor Group Holdings, Inc.2024-06-30
1.3 K
Bank Of America Corp2024-06-30
1.1 K
Ubs Group Ag2024-09-30
536
Tower Research Capital Llc2024-09-30
380
Versant Capital Management Inc2024-09-30
135
Black Diamond Capital Management Llc2024-09-30
849.4 K
Gamco Investors, Inc. Et Al2024-09-30
373.5 K
Note, although Canterbury Park's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Canterbury Park Holding Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Canterbury Park insiders, such as employees or executives, is commonly permitted as long as it does not rely on Canterbury Park's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Canterbury Park insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Canterbury Park Outstanding Bonds

Canterbury Park issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Canterbury Park Holding uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Canterbury bonds can be classified according to their maturity, which is the date when Canterbury Park Holding has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Canterbury Park Corporate Filings

14th of November 2024
Other Reports
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10Q
8th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
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8K
18th of June 2024
An amendment to a previously filed Form 8-K
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8K
10th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
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When determining whether Canterbury Park Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canterbury Park's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canterbury Park Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canterbury Park Holding Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canterbury Park Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canterbury Park. If investors know Canterbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canterbury Park listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
0.98
Revenue Per Share
12.525
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0318
The market value of Canterbury Park Holding is measured differently than its book value, which is the value of Canterbury that is recorded on the company's balance sheet. Investors also form their own opinion of Canterbury Park's value that differs from its market value or its book value, called intrinsic value, which is Canterbury Park's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canterbury Park's market value can be influenced by many factors that don't directly affect Canterbury Park's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canterbury Park's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canterbury Park is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canterbury Park's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.