Canterbury P Ord Stock Price, News & Analysis

Canterbury Park Holding Corporation (Nasdaq: CPHC) reported third quarter 2025 results with Q3 net revenues $18.3M (-5.0% YoY), Q3 net income $0.5M and Q3 Adjusted EBITDA $2.8M (-14.2% YoY). Year-to-date net revenues were $47.1M (-5.0% YoY) and Adjusted EBITDA was $6.6M (-25.6% YoY). Casino revenues declined, driven by lower hold and competition, while Food & Beverage grew 13.1% Q3. Company reported nearly $17M cash, no debt, and over $20M TIF receivables expected to begin payments late Q4 2025 or early 2026. Trackside/Boardwalk venue opened in June and residential/commercial JV leasing remains strong.

Canterbury Park Holding Corporation (NASDAQ: CPHC) has declared a quarterly cash dividend of $0.07 per share, payable on October 14, 2025, to shareholders of record as of September 30, 2025. The dividend equates to an annual distribution of $0.28 per common share.

Canterbury operates the only thoroughbred and quarter horse racing facility in Minnesota, offering live racing from May to September. The company's casino features 24/7 poker and table games. Additionally, Canterbury is developing approximately 140 acres of underutilized land surrounding the racetrack through the Canterbury Commons™ project, pursuing various mixed-use development opportunities directly and through joint ventures.

Canterbury Park Holding Corporation (NASDAQ: CPHC) reported Q2 2025 financial results showing net revenues of $15.7 million, down 3.3% year-over-year, and a net loss of $327,000 compared to net income of $338,000 in Q2 2024. Adjusted EBITDA declined 22.2% to $1.9 million.

The company faced increased competition impacting casino revenues and experienced weather-related cancellations affecting racing operations. However, Canterbury maintains a strong balance sheet with no debt, nearly $17 million in cash, and $20 million in TIF receivables.

Canterbury Commons development continues to progress with 95% leasing at Triple Crown Residences Phase II and The Omry, while construction advances on a new 19,000-seat amphitheater and 28,000 square-foot commercial office building.

Canterbury Park Holding Corporation has announced a quarterly cash dividend of $0.07 per share, payable on July 14, 2025, to stockholders of record on June 30, 2025. This quarterly dividend equates to an annual dividend of $0.28 per common share. Canterbury Park operates the only thoroughbred and quarter horse racing facility in Minnesota, offering live racing from May to September. The company's casino operates 24/7, featuring poker and table games. Additionally, Canterbury is developing approximately 140 acres of underutilized land surrounding the racetrack through various mixed-use development opportunities, both directly and through joint ventures.

Canterbury Park Holding (NASDAQ: CPHC) has declared a quarterly cash dividend of $0.07 per share, payable on April 14, 2025, to stockholders of record on March 31, 2025. The annual dividend amounts to $0.28 per common share.

The company owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, offering live thoroughbred and quarter horse racing from May to September. The facility features 24/7 casino operations with poker and table games, alongside simulcast horse racing and various entertainment events.

Canterbury is currently developing approximately 140 acres of underutilized land surrounding the Racetrack through mixed-use development opportunities, both directly and through joint ventures, as part of their strategy to enhance shareholder value.

Canterbury Park Holding (CPHC) reported Q4 2024 financial results with net revenues of $12.0 million, down from $12.5 million in Q4 2023, and an Adjusted EBITDA of $1.3 million. The company posted a Q4 net loss of $1.2 million ($0.25 per share).

For full-year 2024, CPHC achieved net revenues of $61.6 million, slightly up from $61.4 million in 2023. Net income was $2.1 million ($0.42 per share), including a $1.7 million gain from land transfer. Casino revenues declined to $38.8 million due to increased competition, while Food & Beverage and Other revenues showed growth.

The Canterbury Commons development continues to progress with nearly 1,000 residential units, multiple venues, and 57,000 square-feet of office space. Phase II of Triple Crown Residences reached 87% occupancy, while The Omry achieved 80% lease rate. The company maintains a strong balance sheet with over $15 million in unrestricted cash and expects reduced capital expenditures in 2025.

Canterbury Park Holding (NASDAQ: CPHC) has announced a quarterly cash dividend of $0.07 per share, payable on January 14, 2025, to stockholders of record on December 31, 2024. The annual dividend at this rate equals $0.28 per common share.

The company operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, offering live racing from May to September, 24/7 casino card games, and simulcast horse racing. Additionally, Canterbury is developing approximately 140 acres of underutilized land surrounding the Racetrack through various mixed-use development opportunities and joint ventures.

Canterbury Park Holding (Nasdaq: CPHC) announced its Q3 2024 financial results. Net revenues were $19.3M, a slight increase from $19.27M in Q3 2023. Net income rose 77.9% to $2.02M, and Basic EPS increased 73.9% to $0.40. Adjusted EBITDA saw a 2.8% rise to $3.28M. However, for the nine months ended September 30, 2024, net income dropped 63.5% to $3.36M, with Basic EPS down 64.2% to $0.67. Operating expenses fell slightly to $17.4M in Q3 2024 from $17.5M in Q3 2023. The company recorded a $1.7M gain from a land transfer, offsetting declines in Casino, Pari-mutuel, and Food & Beverage revenues. Canterbury Commons development continues, adding residential units, commercial spaces, and entertainment venues. CEO Randy Sampson emphasized future growth potential, backed by strong cash flow and real estate assets.

Canterbury Park Holding (NASDAQ: CPHC) has announced a quarterly cash dividend of $0.07 per share, payable on October 14, 2024 to stockholders of record on September 30, 2024. This equates to an annual dividend of $0.28 per common share. Canterbury owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, offering live racing from May to September, 24/7 casino card games, and simulcast horse racing wagering. The company is also pursuing mixed-use development opportunities on approximately 140 acres of underutilized land surrounding the racetrack, previously known as Canterbury Commons™, to enhance shareholder value.