Canterbury Park is upgraded to "Outperform" on successful diversification execution, the upcoming amphitheater catalyst, casino cross-traffic potential, expense discipline and hidden real estate value.
CPHC returns to profit in Q1 as strong event demand and development growth boost revenues and lift adjusted EBITDA y/y.
CPHC's Q4 revenues rise 3.9% y/y, while loss per share narrowed to 8 cents as casino growth and higher visitation lift the results despite softer pari-mutuel revenues.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Christian Keedy Guardian Wealth Advisors LLC / Nc | 41,644 | $826,609.53 | $664,388.38 | -$162,221.15 | -19.62% |
| CY Cathy Yasui Central Pacific Bank - Trust Division | 4,600 | $104,834 | $73,600 | -$31,234 | -29.79% |
| WM William Mueller Mink Brook Asset Management LLC | 14,589 | $299,075 | $231,089.76 | -$67,985.24 | -22.73% |
Stephen H. Deckoff Black Diamond Capital Management I LLLP | 859,169 | $14.08M | $13.59M | -$489,726.42 | -3.48% |
| Hotel & Resort REITs Industry | Real Estate Sector | Randall D. Sampson CEO | NASDAQ (NMS) Exchange | 13811E101 CUSIP |
| US Country | 746 Employees | 30 Jun 2026 Last Dividend | - Last Split | - IPO Date |
Canterbury Park Holding Corporation, headquartered in Shakopee, Minnesota, operates through its subsidiaries in a diversified manner encompassing horse racing, casino operations, food and beverage services, and real estate development. Initiated in 1994, the corporation has carved a niche in delivering entertainment and hospitality services. It is prominently recognized for its seasonal live thoroughbred and quarter horse racing events, complemented by year-round simulcast horse racing. With a dynamic business model that stretches beyond racing into casino gaming, comprehensive food and beverage services, and strategic development endeavors, Canterbury Park Holding Corporation positions itself as a multifaceted entertainment hub.
This segment is the cornerstone of Canterbury Park Holding Corporation, offering live thoroughbred and quarter horse racing seasonally, alongside year-round simulcast horse racing from across the globe. Patrons can wager on these races, engaging directly with the age-old sport of kings.
The casino segment thrives on providing unbanked card games, including popular offerings like poker and various table games. This segment caters to a diverse audience seeking the thrill of strategic gaming in a vibrant atmosphere.
This vast segment ensures visitors are well-fed and refreshed, operating everything from concession stands to full-service restaurants and bars. Offerings range from casual café dining and buffet services within the Casino and simulcast areas to upscale lounge services. Additionally, the company caters to private events, underscoring its versatile culinary capabilities.
Engaging in real estate development, Canterbury Park sees diverse opportunities including residential, office, restaurant, hotel, entertainment, and retail operations. This segment aims to leverage the company’s real estate to foster growth and community engagement, outlining a vision beyond entertainment to encompass lifestyle and convenience.
Supplementary to its core offerings, the corporation provides essential services such as parking, advertising signage, publication sales, and the hosting of various entertainment events and activities. These services play a critical role in enhancing the overall customer experience.