NEW CANTERBURY PARK HOLDING CORP (CPHC)
NASDAQConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-09-04
$15.96+0.63%
Close 2026-09-04 · 1-day change
NASDAQConsumer DiscretionaryGambling, Resorts & CasinosSnapshot 2026-09-04
Broken: Recent financial performance freshly dropped to the bottom half of its industry.
Canterbury Park is growing revenue from $12.4M to $13.5M in recent quarters. Operating income improved from $329K to over $1M, showing better cost control. The company keeps paying a stable $0.07 dividend per share. These signs show progress in fixing the business.
Revenue is expected to decline about 3% next year. The company is still loss-making and faces sector headwinds. If cost improvements stall, profits may not recover.
The stock price is about 18% above our valuation level. Analysts expect revenue to shrink about 3% next year. Our view is more cautious on growth and profit recovery.
Breaks if: Dividend per share falls below $0.07
Breaks if: Operating income falls below $329K next quarter
Breaks if: Revenue falls below $12.4M next quarter
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a Consumer Discretionary company with a focus on revenue growth and maintaining dividends. The current thesis state is weakened, reflecting challenges in the sector and recent financial performance.
The market appears to have priced in a durable premium for CPHC, suggesting that investors expect stable performance despite recent challenges. The expectations gap is relatively low, indicating that the market does not anticipate significant changes in performance in the near term.
Management has shown a robust focus on increasing revenue and improving operating income, with recent results indicating progress in these areas. However, there is elevated risk due to a high probability of missing expectations in a challenging sector backdrop.
The future performance of CPHC hinges on broader sector trends, particularly the performance of key competitors like LVS, DKNG, and MGM. If these companies continue to perform well, it could support CPHC, but any downturn in their performance could negatively impact CPHC's prospects.
The most important moves since the prior daily snapshot.
Yes, our read has weakened. Recent financial performance dropped from the top half to the bottom half of its industry. This change indicates a decline in the reasons to own the company. The market reaction has been muted, showing little response to this shift.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Over the next 1 to 3 years, CPHC's performance will depend on its ability to navigate sector headwinds and maintain its growth trajectory. Not investment advice.