CPHC

Shares of Canterbury Park Holding Corporation CPHC have gained 0.5% since reporting first-quarter 2026 results, marginally ahead of the S&P 500 index’s 0.1% return. However, the stock has underperformed over the past month, rising 1.7% compared with the S&P 500’s 5% advance. Canterbury Park reported first-quarter 2026 net revenues of $13.5 million, up 2.8% from $13.1 million in the prior-year quarter. The company posted net income of $170,000, or 3 cents per diluted share, against a net loss of $299,000, or 6 cents per share, a year earlier. Adjusted EBITDA climbed 35.6% year over year to $2.8 million. Revenue growth was driven by higher food and beverage sales, and stronger event-related business, while lower operating expenses and reduced equity investment losses supported profitability improvements. Canterbury Park Holding Corporation price-consensus-eps-surprise-chart | Canterbury Park Holding Corporation Quote Casino revenues, Canterbury Park’s largest revenue contributor, increased 0.5% year over year to $9.24 million in the first quarter. Management said growth reflected increased visitation and higher spending per visit, although unusually low table game hold percentages in March tempered stronger gains. Poker revenues declined to $2.82 million from $2.9 million, while table games revenues rose to $6.42 million from $6.29 million. Pari-mutuel revenues declined 5.6% year over year to $1.02 million due to fewer simulcast race days nationwide during the quarter. Simulcast revenues fell to $719,000 from $781,000 in the prior-year period. Food and beverage revenues posted strongest growth among operating segments, rising 13.8% to $1.85 million. The company attributed the increase to higher visitation tied to large-scale special events and the rollout of a point-of-sale system that improved service speed and transaction volume. Other revenues, which include admissions, sponsorships and space rentals, increased 12.5% to $1.4 million, supported by higher admissions revenues from expanded event activity. Total operating expenses edged down 0.3% year over year to $12.45 million despite inflationary pressures and higher event-related activity. Salaries and benefits expenses decreased 4% to $6.06 million as the company continued implementing labor-efficiency initiatives. However, depreciation and amortization expenses rose 12.6% to $1.05 million due to recently...

SHAKOPEE, Minn., May 11, 2026 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (Nasdaq: CPHC), today reported financial results for the first quarter ended March 31, 2026. Management Commentary Randy Sampson, President and Chief Executive Officer of Canterbury Park, commented, “Our transformation and diversification initiatives drove solid first-quarter results, as revenue growth and disciplined expense management significantly enhanced cash flows. Revenue grew 2.8% year-over-year to $13.5 million, reflecting a 13.8% increase in Food and beverage sales and a 12.5% increase in Other revenues. While Casino play was healthy throughout the quarter, growth was tempered by unusually low table games hold in March—the lowest in Company history. Absent this anomaly, Casino table games revenue would likely have seen double-digit growth, consistent with our F&B and Other revenue segments. Adjusted EBITDA of $2.8 million rose 36% year-over-year with an adjusted EBITDA margin of 21.1%, reflecting the quarter’s higher revenue and flat operating expenses compared to last year. We are managing operating expenses within our control, such as labor which was reduced by 4% during the quarter. This decline was partially offset by increased other operating expenses such as property taxes and event promoter fees, though the higher promoter fees reflect the success and growth of our event business. Non-cash depreciation and amortization expense also increased with the completion of large capital improvement projects over the past year. “Minnesota’s South Metro region is a thriving market currently undergoing a high-growth evolution across its residential and economic landscapes. Our vision of a unique ‘live, stay, work, and play’ destination leverages the region’s economic strength to drive new revenue and visitation to Canterbury, while providing a robust foundation for our future development pipeline. Overall residential occupancy within our joint ventures is currently 84% and is positioned perfectly for the seasonal spring leasing surge. Meanwhile, the newest 28,000-square-foot office building in the Winners Circle development is already 80% leased just months after completion. Also, this year marks the first full year of operations for Boardwalk Kitchen & Bar, a joint venture with Trackside Holdings, LLC, a 6,000-square-foot upscale restau...

SHAKOPEE, Minn., March 11, 2026 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (NASDAQ: CPHC), today announced that the Company’s Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on April 14, 2026 to stockholders of record on March 31, 2026. At this quarterly rate, the annual dividend is equivalent to $0.28 per common share. About Canterbury Park Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State. The Company generally offers live racing from May to September. The Casino hosts card games 24 hours a day, seven days a week, dealing both poker and table games. The Company also conducts year-round wagering on simulcast horse racing and hosts a variety of other entertainment and special events at its Shakopee facility. The Company is also pursuing a strategy to enhance shareholder value by the ongoing development of approximately 140 acres of underutilized land surrounding the Racetrack that was originally designated for a project known as Canterbury Commons™. The Company is pursuing several mixed-use development opportunities for the remaining underutilized land, directly and through joint ventures. For more information about the Company, please visit www.canterburypark.com. Cautionary Statement From time to time, in press releases and in other communications to shareholders or the investing public, Canterbury Park Holding Corporation may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans based on management’s beliefs and assumptions. These forward looking statements are typically preceded by the words such as "believes," "expects," "anticipates," "intends" or similar expressions. Shareholders and the investing public should understand that these forward-looking statements are subject to risks and uncertainties, including those disclosed in our periodic filings with the Securities and Exchange Commission, which could cause actual performance, activities, future dividends or plans after the date the statements are made to differ significantly from those indicated in the forward-looking statements when made. Investor Contacts: Ran...

SHAKOPEE, Minn., March 09, 2026 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (Nasdaq: CPHC) today reported financial results for the fourth quarter and full year ended December 31, 2025. Management Commentary Randy Sampson, President and Chief Executive Officer of Canterbury Park, commented, “Fourth quarter results are consistent with historical seasonality and conclude a year of transformation and diversification. Fourth quarter revenue increased 3.9% to $12.4 million, driven largely by 5.4% growth in Casino revenue. Visitation rose in the fourth quarter, and we remain focused on increasing casino traffic through our expanded VIP programs as well as enhanced advertising and marketing initiatives. Food and Beverage revenue grew slightly in the quarter, while Pari-Mutuel revenues declined slightly because of fewer races compared to last year. Adjusted EBITDA of $2.3 million rose 53% year-over-year with an adjusted EBITDA margin of 18.4%, reflecting the quarter’s higher revenue and flat operating expense compared to last year. We continue to take measures to improve operating efficiencies, particularly labor, our largest expense, while pursuing opportunities to grow our entertainment and hospitality businesses and further develop our valuable real estate. “2025 marked a pivotal year of our growth and diversification strategy, as the process of creating a unique regional destination to live, stay, work and play is now well underway. Portfolio-wide, residential occupancy has reached 84% as we approach the strongest part of the year for residential leasing of the remaining living and housing units. The Omry Senior Apartments and Pulte Townhomes have a couple of units left between them - a significant and positive signal to the market potential for additional residential development in future phases. Greystone completed a 28,000 square-foot commercial office building in October which is currently 66% leased and there is strong interest for the remaining space. Last summer, Canterbury’s real estate joint venture partner, Trackside Holdings, LLC, completed construction of the Boardwalk Kitchen & Bar. Boardwalk is a 6,000-square-foot upscale restaurant and bar with live entertainment featuring an 18,000-square-foot patio with trackside views. During our live meet last summer, Boardwalk generated a strong response from consum...

SHAKOPEE, Minn., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (NASDAQ: CPHC), today announced that the Company’s Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on January 14, 2026 to stockholders of record on December 31, 2025. At this quarterly rate, the annual dividend is equivalent to $0.28 per common share. About Canterbury Park Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State. The Company generally offers live racing from May to September. The Casino hosts card games 24 hours a day, seven days a week, dealing both poker and table games. The Company also conducts year-round wagering on simulcast horse racing and hosts a variety of other entertainment and special events at its Shakopee facility. The Company is also pursuing a strategy to enhance shareholder value by the ongoing development of approximately 140 acres of underutilized land surrounding the Racetrack that was originally designated for a project known as Canterbury Commons™. The Company is pursuing several mixed-use development opportunities for the remaining underutilized land, directly and through joint ventures. For more information about the Company, please visit www.canterburypark.com. Cautionary Statement From time to time, in press releases and in other communications to shareholders or the investing public, Canterbury Park Holding Corporation may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans based on management’s beliefs and assumptions. These forward looking statements are typically preceded by the words such as "believes," "expects," "anticipates," "intends" or similar expressions. Shareholders and the investing public should understand that these forward-looking statements are subject to risks and uncertainties, including those disclosed in our periodic filings with the Securities and Exchange Commission, which could cause actual performance, activities, future dividends or plans after the date the statements are made to differ significantly from those indicated in the forward-looking statements when made. Investor Contacts:...

Shares of Canterbury Park Holding Corporation CPHC have risen 3.1% since reporting third-quarter 2025 results, outpacing the S&P 500 index’s 0.8% growth over the same period. However, the stock has fallen 2.9% over the past month, lagging the S&P 500’s 3.6% rally. Canterbury Park generated net revenues of $18.3 million in the latest quarter, down 5% from the year-ago period. Net income plummeted 75.9% to $487,000 from $2 million, as last year’s results benefited from a $1.7-million gain tied to a land transfer. Diluted earnings per share declined to 10 cents from 40 cents, while adjusted EBITDA decreased 14.2% to $2.8 million. The company cited reduced casino revenues, affected by lower hold early in the quarter, and stable but lower-spending patron behavior as the key drivers of the year-over-year downturn. Canterbury Park Holding Corporation price-consensus-eps-surprise-chart | Canterbury Park Holding Corporation Quote Casino revenues, the company’s largest segment, dropped 9.7% year over year due to increased competition and lower-than-average hold rates. Pari-mutuel revenues slipped 2.7%, and other revenues declined 11.1%, partially reflecting one fewer live race day and reduced admissions tied to concerts. Food and beverage operations were a bright spot, posting 13.1% growth, supported by the rollout of a point-of-sale system that improved service speed, and boosted transactions and average spend on race and event days. Operating expenses were effectively flat, declining 0.6% year over year, as lower Purse expenses offset increased advertising, marketing and depreciation tied to recent capital improvements. The company also reported a $936,000 loss from equity investments, primarily related to depreciation, amortization and interest expenses from its Doran Canterbury joint ventures. However, this represented an improvement from the prior-year loss of $1.4 million, reflecting a better leasing performance at the Doran I property following its 2025 reopening. Management emphasized that quarterly results aligned with trends for the first nine months of 2025, highlighting stable casino patron counts despite lower per-patron wagering. Executives pointed to strong momentum in food and beverage, and underscored ongoing efforts to improve operational efficiency, especially in labor, the company’s largest expense category. Management also highlighted the strong i...

SHAKOPEE, Minn., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (Nasdaq: CPHC) today reported financial results for the three and nine months ended September 30, 2025. Management Commentary “The quarterly results were consistent with year-to-date trends as we remain focused on increasing casino traffic and our ongoing growth and development strategies. Third quarter revenues of $18.3 million reflect a 5.0% decline versus the third quarter of 2024, largely related to reduced casino revenues partially as a result of low hold early in the quarter. Similar to recent prior quarters, casino visits and player counts remain relatively stable, while per patron wagering levels declined. We saw strong quarterly growth in our food and beverage operations and pari-mutuel revenues were in line with prior year results. Adjusted EBITDA of $2.8 million resulted in an adjusted EBITDA margin of 15.4%, reflecting lower casino revenue partially offset by a slight year-over-year decline in operating expenses. We continue to take measures to improve operating efficiencies, particularly labor which is our largest expense, while pursuing opportunities to continue to grow our entertainment and hospitality businesses and develop our real estate,” said Randy Sampson, President and Chief Executive Officer of Canterbury Park. “The third quarter marked the first full quarter of operation of the Boardwalk Kitchen & Bar, an upscale restaurant and live entertainment venue which opened to very positive customer response. Canterbury’s real estate joint venture partner, Trackside Holdings, LLC, completed construction in June at which time the lessee, Boardwalk Kitchen & Bar, began operations. The success of this venue, particularly the large outdoor patio located adjacent to the racetrack, is confirming the development opportunity of the unique experience and views of horses and the track’s greenspace. We are currently exploring additional entertainment and hospitality opportunities for the remaining trackside parcels that would add to the nearly 1,000 residential units, five restaurants and breweries, two music and entertainment venues, 57,000 square-feet of office space, and other distinct amenities already open in the trackside and adjacent Winner’s Circle developments. This, coupled with our successful events business, is validating our...

SHAKOPEE, Minn., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (NASDAQ: CPHC), today announced that the Company’s Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on October 14, 2025 to stockholders of record on September 30, 2025. At this quarterly rate, the annual dividend is equivalent to $0.28 per common share. About Canterbury Park Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State. The Company generally offers live racing from May to September. The Casino hosts card games 24 hours a day, seven days a week, dealing both poker and table games. The Company also conducts year-round wagering on simulcast horse racing and hosts a variety of other entertainment and special events at its Shakopee facility. The Company is also pursuing a strategy to enhance shareholder value by the ongoing development of approximately 140 acres of underutilized land surrounding the Racetrack that was originally designated for a project known as Canterbury Commons™. The Company is pursuing several mixed-use development opportunities for the remaining underutilized land, directly and through joint ventures. For more information about the Company, please visit www.canterburypark.com. Cautionary Statement From time to time, in press releases and in other communications to shareholders or the investing public, Canterbury Park Holding Corporation may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans based on management’s beliefs and assumptions. These forward looking statements are typically preceded by the words such as "believes," "expects," "anticipates," "intends" or similar expressions. Shareholders and the investing public should understand that these forward-looking statements are subject to risks and uncertainties, including those disclosed in our periodic filings with the Securities and Exchange Commission, which could cause actual performance, activities, future dividends or plans after the date the statements are made to differ significantly from those indicated in the forward-looking statements when made. Investor Contact...

Shares of Canterbury Park Holding Corporation CPHC have declined 2.8% since reporting results for the second quarter of 2025. This compares unfavorably with the S&P 500 index’s 0.8% growth over the same time frame. Over the past month, the CPHC stock has fallen 5.6%, while the S&P 500 has advanced 2.3%. The company reported second-quarter 2025 net revenues of $15.7 million, a 3.3% decrease from $16.2 million in the year-ago period. Net loss came in at $327,000, reversing from net income of $338,000 last year. Diluted earnings per share were at a loss of 6 cents compared to earnings of 7 cents in the prior-year quarter. Adjusted EBITDA fell 22.2% to $1.87 million, with the margin declining to 12% from 14.9% a year earlier. The drop in profitability was led by lower revenues across major business segments and higher marketing costs. Canterbury Park Holding Corporation price-consensus-eps-surprise-chart | Canterbury Park Holding Corporation Quote Casino revenues declined 3.6% year over year to $9.49 million, with table games collections and poker collections both down amid heightened competition. Pari-mutuel revenues dropped 12.9% to $2.26 million, pressured by fewer live race days (14 in 2025 versus 17 last year) and reduced simulcast wagering. Food and beverage sales edged down 1.6% to $2.07 million, reflecting softer casino activity and fewer race days. Offsetting these declines, other revenues rose 11.4% to $1.85 million, buoyed by strong admission receipts for special events. Operating expenses increased 1% year over year to $15.23 million, driven by higher salaries, advertising and marketing outlays tied to new casino promotions, and increased professional fees, partially offset by lower purse expenses. Loss from equity investments widened to $1.39 million from $1.17 million, reflecting depreciation, amortization and interest costs from joint ventures. CEO Randy Sampson emphasized ongoing initiatives to recalibrate and expand casino marketing programs to attract high-value guests, as well as renovations to horse racing facilities that aim to enhance the racing experience. The events business saw record attendance at several 2025 events, with plans to broaden the lineup of large-scale offerings. Management reiterated its focus on unlocking value from the Canterbury Commons real estate development, which it views as central to transforming the property into...

Explore Canterbury Park Holding's Fair Values from the Community and select yours Revenue: US$15.7m (down 3.3% from 2Q 2024). Net loss: US$327.4k (down by 197% from US$338.3k profit in 2Q 2024). US$0.065 loss per share (down from US$0.068 profit in 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Canterbury Park Holding shares are down 2.2% from a week ago. Before we wrap up, we've discovered 4 warning signs for Canterbury Park Holding (1 is potentially serious!) that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

SHAKOPEE, Minn., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (Nasdaq: CPHC) today reported financial results for the three and six months ended June 30, 2025. Management Commentary “Throughout the first half of 2025, we remained focused on our development and growth strategies and mitigating the impact of increased competition. Second quarter revenues of $15.7 million reflect a smaller year-over-year decline versus the first quarter of 2025. Similar to the first quarter, our second quarter results reflect the competitive environment in addition to the impact of fewer live race days versus the prior year period. Notably, casino visits and player counts remain relatively stable though betting levels declined. Adjusted EBITDA of $1.9 million resulted in an adjusted EBITDA margin of 12.0%, slightly lower than the prior year period, partially reflecting the costs to ramp up our casino marketing efforts that are delivering some early signs of success,” said Randy Sampson, President and Chief Executive Officer of Canterbury Park. “For the casino business, we are re-calibrating and expanding our marketing programs to attract and retain new customers, and increase visitation from high-value guests. For our horse racing operations, we finished the barn relocation and are completing several other renovations which are dramatically improving the racing experience and the environment for our horsemen. In our events business, we have already driven record attendance for several 2025 events and intend to further expand our special event offerings with more large-scale events planned for the balance of the year. “At the same time, we continue to unlock the monetary value of our real estate through our Canterbury Commons expansion, as our vision to transform Canterbury into a premier regional destination to live, play, work and stay continues to take hold. We are exploring additional trackside development opportunities that would add to the nearly 1,000 residential units, five restaurants and breweries, two music and entertainment venues, 57,000 square-feet of office space, and other distinct amenities already open or under construction. “While our growth and efficiency initiatives are focused on 2025 and beyond, we continue to believe that our record of consistent annual cash flow generation, return of capital throug...

SHAKOPEE, Minn., June 13, 2025 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (NASDAQ: CPHC), today announced that the Company’s Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on July 14, 2025 to stockholders of record on June 30, 2025. At this quarterly rate, the annual dividend is equivalent to $0.28 per common share. About Canterbury Park Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State. The Company generally offers live racing from May to September. The Casino hosts card games 24 hours a day, seven days a week, dealing both poker and table games. The Company also conducts year-round wagering on simulcast horse racing and hosts a variety of other entertainment and special events at its Shakopee facility. The Company is also pursuing a strategy to enhance shareholder value by the ongoing development of approximately 140 acres of underutilized land surrounding the Racetrack that was originally designated for a project known as Canterbury Commons™. The Company is pursuing several mixed-use development opportunities for the remaining underutilized land, directly and through joint ventures. For more information about the Company, please visit www.canterburypark.com. Cautionary Statement From time to time, in press releases and in other communications to shareholders or the investing public, Canterbury Park Holding Corporation may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans based on management’s beliefs and assumptions. These forward looking statements are typically preceded by the words such as "believes," "expects," "anticipates," "intends" or similar expressions. Shareholders and the investing public should understand that these forward-looking statements are subject to risks and uncertainties, including those disclosed in our periodic filings with the Securities and Exchange Commission, which could cause actual performance, activities, future dividends or plans after the date the statements are made to differ significantly from those indicated in the forward-looking statements when made. Investor Contacts: Randy...