Speedway Motorsports Sets New 1-Year Low at $17.12 (TRK)
Speedway Motorsports (NYSE:TRK) shares reached a new 52-week low on Friday , AnalystRatings.NET reports. The stock traded as low as $17.12 and last traded at $17.32, with a volume of 14,416 shares changing hands. The stock had previously closed at $17.30.
The stock has a 50-day moving average of $17.79 and a 200-day moving average of $18.43. The company has a market cap of $713.9 million and a P/E ratio of 7.81.
Speedway Motorsports (NYSE:TRK) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.66 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.67 by $0.01. The company had revenue of $175.90 million for the quarter, compared to the consensus estimate of $173.92 million. On average, analysts predict that Speedway Motorsports will post $0.93 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 5th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.47%. The ex-dividend date is Wednesday, August 13th.
Speedway Motorsports, Inc (NYSE:TRK) is a promoter, marketer and sponsor of motorsports activities in the United States.
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