Tearsheet

Canterbury Park (CPHC)


Market Price (3/14/2026): $15.6 | Market Cap: $79.6 Mil
Sector: Consumer Discretionary | Industry: Casinos & Gaming

Canterbury Park (CPHC)


Market Price (3/14/2026): $15.6
Market Cap: $79.6 Mil
Sector: Consumer Discretionary
Industry: Casinos & Gaming

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -21%
Weak multi-year price returns
2Y Excs Rtn is -70%, 3Y Excs Rtn is -107%
Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 32x
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%
  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.7%
2 Attractive yield
FCF Yield is 5.9%
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.9%
3 Low stock price volatility
Vol 12M is 27%
  Key risks
CPHC key risks include [1] declining revenue and profitability in its core gaming operations and [2] a significant financial drag from its real estate joint ventures.
4 Megatrend and thematic drivers
Megatrends include Markets & Betting, Experience Economy & Premiumization, and Fintech & Digital Payments. Themes include Prediction Markets, Show more.
  
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -21%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%
2 Attractive yield
FCF Yield is 5.9%
3 Low stock price volatility
Vol 12M is 27%
4 Megatrend and thematic drivers
Megatrends include Markets & Betting, Experience Economy & Premiumization, and Fintech & Digital Payments. Themes include Prediction Markets, Show more.
5 Weak multi-year price returns
2Y Excs Rtn is -70%, 3Y Excs Rtn is -107%
6 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 32x
7 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.7%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.9%
9 Key risks
CPHC key risks include [1] declining revenue and profitability in its core gaming operations and [2] a significant financial drag from its real estate joint ventures.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Canterbury Park (CPHC) stock has gained about 5% since 11/30/2025 because of the following key factors:

1. Canterbury Park announced a consistent quarterly cash dividend of $0.07 per share. This dividend, approved on December 15, 2025, and payable on January 14, 2026, signifies ongoing financial stability and a commitment to returning value to shareholders, contributing to positive investor sentiment.

2. The company confirmed a stable and consistent 2026 live racing season with unchanged purse levels. On February 23, 2026, Canterbury Park released its condition book, detailing a 51-day thoroughbred and quarter horse season from May 23 through September 19, with estimated total purses of $8.5 million, identical to the 2025 season. This operational predictability and maintained prize money suggest steady revenue streams for its core business.

Show more

Stock Movement Drivers

Fundamental Drivers

The 4.7% change in CPHC stock from 11/30/2025 to 3/13/2026 was primarily driven by a 4.1% change in the company's P/S Multiple.
(LTM values as of)113020253132026Change
Stock Price ($)15.0215.724.7%
Change Contribution By: 
Total Revenues ($ Mil)59600.8%
P/S Multiple1.31.34.1%
Shares Outstanding (Mil)55-0.3%
Cumulative Contribution4.7%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/13/2026
ReturnCorrelation
CPHC4.7% 
Market (SPY)-3.1%-14.0%
Sector (XLY)-6.2%-7.5%

Fundamental Drivers

The -3.9% change in CPHC stock from 8/31/2025 to 3/13/2026 was primarily driven by a -2.3% change in the company's P/S Multiple.
(LTM values as of)83120253132026Change
Stock Price ($)16.3515.72-3.9%
Change Contribution By: 
Total Revenues ($ Mil)6060-0.8%
P/S Multiple1.41.3-2.3%
Shares Outstanding (Mil)55-0.8%
Cumulative Contribution-3.9%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/13/2026
ReturnCorrelation
CPHC-3.9% 
Market (SPY)3.0%0.7%
Sector (XLY)-4.2%-5.8%

Fundamental Drivers

The -24.7% change in CPHC stock from 2/28/2025 to 3/13/2026 was primarily driven by a -20.0% change in the company's P/S Multiple.
(LTM values as of)22820253132026Change
Stock Price ($)20.8715.72-24.7%
Change Contribution By: 
Total Revenues ($ Mil)6260-4.1%
P/S Multiple1.71.3-20.0%
Shares Outstanding (Mil)55-1.8%
Cumulative Contribution-24.7%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/13/2026
ReturnCorrelation
CPHC-24.7% 
Market (SPY)12.4%4.5%
Sector (XLY)3.4%0.0%

Fundamental Drivers

The -37.6% change in CPHC stock from 2/28/2023 to 3/13/2026 was primarily driven by a -25.9% change in the company's P/S Multiple.
(LTM values as of)22820233132026Change
Stock Price ($)25.2115.72-37.6%
Change Contribution By: 
Total Revenues ($ Mil)6860-12.0%
P/S Multiple1.81.3-25.9%
Shares Outstanding (Mil)55-4.4%
Cumulative Contribution-37.6%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/13/2026
ReturnCorrelation
CPHC-37.6% 
Market (SPY)73.4%6.7%
Sector (XLY)56.0%7.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CPHC Return44%84%-34%2%-24%2%39%
Peers Return8%-35%3%-2%-12%-4%-40%
S&P 500 Return27%-19%24%23%16%-1%80%

Monthly Win Rates [3]
CPHC Win Rate75%75%33%25%33%100% 
Peers Win Rate45%35%48%53%53%20% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
CPHC Max Drawdown-1%0%-54%-11%-28%-3% 
Peers Max Drawdown-21%-45%-21%-28%-35%-20% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-2% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: CHDN, PENN, BYD, CZR, BALY.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/13/2026 (YTD)

How Low Can It Go

Unique KeyEventCPHCS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-56.7%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven130.7%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-40.4%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven67.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven289 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-32.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven47.3%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven846 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-61.9%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven162.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven679 days1,480 days

Compare to CHDN, PENN, BYD, CZR, BALY

In The Past

Canterbury Park's stock fell -56.7% during the 2022 Inflation Shock from a high on 4/27/2022. A -56.7% loss requires a 130.7% gain to breakeven.

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About Canterbury Park (CPHC)

Canterbury Park Holding Corporation, through its subsidiaries, engages in horse racing, card casino, food and beverage, and real estate development businesses. The company's Horse Racing segment operates year-round simulcasting of horse races, as well as wagering on live thoroughbred and quarter horse races on a seasonal basis. Its Card Casino segment offers unbanked card games, such as poker and table games. The company's Food and Beverage segment operates concession stands, restaurants and buffets, bars, and other food venues, as well as café style restaurants and full-service bars within the Card Casino and simulcast area. This segment also provides lounge services along with a buffet restaurant; various concession style food and beverages during live racing; and catering and events services. Its Development segment engages in various development opportunities, such as residential development, office, restaurants, hotel, entertainment, and retail operations. The company is also involved in the provision of related services and activities, such as parking, advertising signage, publication sales, and other entertainment events and activities. Canterbury Park Holding Corporation was founded in 1994 and is based in Shakopee, Minnesota.

AI Analysis | Feedback

Here are 1-3 brief analogies for Canterbury Park:

  • A mini-Churchill Downs (CHDN) that's also a significant real estate developer.
  • Imagine a regional MGM Resorts (MGM), but focused on horse racing and card games, and developing the surrounding land into a community.

AI Analysis | Feedback

  • Horse Racing & Wagering: Operates live thoroughbred and quarter horse racing seasonally, alongside year-round simulcasting of races with associated wagering opportunities.
  • Card Casino Gaming: Offers various unbanked card games, including poker and other table games.
  • Food and Beverage Services: Provides diverse dining experiences through concession stands, restaurants, buffets, and bars across its properties.
  • Catering & Events: Offers catering and event services for various occasions and gatherings.
  • Real Estate Development: Engages in the development of residential, office, retail, hotel, and entertainment properties.

AI Analysis | Feedback

Canterbury Park (CPHC) primarily sells its services and products directly to individuals. Based on its business segments, its major customer categories are:

  1. Gambling and Wagering Patrons: Individuals who participate in horse race wagering (live and simulcast) and play card games such as poker and table games in the company's Card Casino.
  2. Leisure and Entertainment Guests: Individuals who attend live thoroughbred and quarter horse races, other entertainment events, and utilize related services such as parking.
  3. Food and Beverage Consumers: Individuals who frequent the company's various concession stands, restaurants, buffets, bars, and cafés located within its facilities.

AI Analysis | Feedback

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AI Analysis | Feedback

Randall D. Sampson, President and Chief Executive Officer

Randall D. Sampson co-founded Canterbury Park Holding Corporation in March 1994 with his father Curtis Sampson and Dale Schenian, acquiring the former Canterbury Downs racetrack and relaunching live horse racing in Minnesota. He has served as CEO since 1994 and was appointed Executive Chairman of the Board in 2020. Mr. Sampson has been actively involved in horse industry associations, having served as a Director and past Vice President of the Thoroughbred Racetracks of America, and a past President of the Minnesota Thoroughbred Association. He also currently serves as a director of Communications Systems, Inc. The Sampson family holds a majority stake in Canterbury Park.

Randy J. Dehmer, Senior Vice President of Finance and Chief Financial Officer

Randy J. Dehmer joined Canterbury Park as Vice President of Finance and Chief Financial Officer in May 2019. He previously held the position of Controller at Canterbury Park from March 2012 to August 2013, having been employed by the company from 2007 to 2013. Before rejoining Canterbury Park, Mr. Dehmer served as the Financial Controller for six years at Clearfield Inc., a publicly traded company. He began his career as an auditor with Ernst & Young.

John A. Groen, General Manager and Senior Vice President of Strategy

John A. Groen joined Canterbury Park in February 2003, initially leading the company's grassroots political efforts. In his current role, he oversees all aspects of the company's non-gaming operations and plays an active part in strategic planning. Prior to his tenure at Canterbury Park, Mr. Groen spent two years working at the Minnesota State Capitol.

Michael D. Hochman, Vice President of Casino Operations

Michael D. Hochman has been with Canterbury Park since the Card Casino commenced operations in April 2000. Before joining Canterbury Park, he was responsible for opening and managing the poker department for the Suquamish tribe in Suquamish, Washington, from 1996 to 2000. His career in gaming began in 1989 at the Sahara in Las Vegas, and he later opened the poker room at Luxor, Las Vegas in 1993.

Mary B. Fleming, Vice President of Human Resources

Mary B. Fleming brings over 25 years of experience in both public and private sectors to her role. She started at Canterbury Park in 1994 as Human Resources Manager and served as the Director of the department from 2000 to 2014. Prior to her time at Canterbury Park, Ms. Fleming held various positions within the staffing industry.

AI Analysis | Feedback

Key Risks for Canterbury Park Holding Corporation (CPHC)

  1. Regulatory and Competitive Landscape in Gaming: Canterbury Park operates within a highly regulated gaming environment, offering horse racing and unbanked card games. A primary risk stems from the significant competition posed by tribal casinos in Minnesota, which often have a broader scope of gaming offerings, including slot machines, that Canterbury Park may not be permitted to offer. Additionally, potential changes in state regulations, such as the legalization or expansion of sports betting or online gambling in Minnesota, could divert customer traffic and revenue from Canterbury Park's traditional horse racing and card casino operations.

  2. Dependence on Discretionary Consumer Spending and Evolving Entertainment Preferences: The company's core businesses, including horse racing, card casino, and food and beverage services, are largely dependent on consumers' discretionary income and their willingness to spend on entertainment. Economic downturns, recessions, or periods of high inflation can reduce consumer spending on leisure activities, directly impacting Canterbury Park's revenues. Furthermore, long-term shifts in entertainment preferences, particularly a declining interest in traditional horse racing, could pose a foundational challenge to a significant part of their business model.

  3. Real Estate Market Fluctuations and Development Risks: Canterbury Park's Development segment is engaged in various real estate opportunities, including residential, office, hotel, and retail projects. This segment introduces exposure to the cyclical nature of the real estate market. Risks include fluctuations in property values, changes in demand for residential and commercial spaces, rising construction costs, difficulties in securing financing, and sensitivity to interest rate changes, all of which can impact the profitability and progress of its development projects.

AI Analysis | Feedback

The widespread legalization and adoption of online sports betting and iGaming, which provides alternative platforms for wagering on horse races and playing card games, thereby competing with Canterbury Park's physical horse racing and card casino operations.

AI Analysis | Feedback

Canterbury Park Holding Corporation (CPHC) participates in several distinct markets, with varying addressable market sizes depending on the service and geographic region.

Horse Racing

The U.S. horse racing market was valued at approximately $6.4 billion in 2024. More broadly, the U.S. and Europe horse racing market was approximately $8.9 billion in 2024 and is projected to reach around $11.7 billion by 2033. The horse racing industry, including all related sectors, contributed an estimated $177 billion to the U.S. economy in 2023, with over $11.6 billion wagered on races in the same year.

Specifically within Minnesota, parimutuel wagering on horse races generated nearly $80 million in revenue last year.

Card Casino

The U.S. casino gaming market, encompassing various casino games, was estimated to be $5 billion in 2023. Land-based casino gaming alone was valued at $62.0 billion in 2024. The overall U.S. casino gaming market is projected to grow by $9.5 billion between 2023 and 2028.

In Minnesota, card rooms generated $87.8 million in revenue last year. The total casino revenue in Minnesota, including tribal casinos and charitable gambling, was reported at $4.9 billion in 2024. Tribal gaming revenue in Minnesota is estimated between $1.75 billion and $1.95 billion annually. Furthermore, illegal online casinos in Minnesota generated an estimated $1.5 billion in 2023, indicating a potential addressable market if regulated.

Food and Beverage

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Real Estate Development

For housing development, the market size of the Housing Developers industry in Minnesota is estimated at $2.8 billion in 2026. The Land Development industry in Minnesota has been growing at an average annual rate of 0.5% from 2020 to 2025.

In Shakopee, Minnesota, where Canterbury Park is based, the median home sale price was $472,000 in February 2026. The median home market worth in Shakopee was $252,900, with an average annual growth of 0.09% over the past ten years. The median gross rent in Shakopee is $1,194 per month.

AI Analysis | Feedback

Canterbury Park Holding Corporation (CPHC) is poised for future revenue growth over the next 2-3 years, driven by several strategic initiatives and ongoing developments: * Real Estate Development at Canterbury Commons: The company's extensive Canterbury Commons project, encompassing approximately 140 acres of underutilized land, is a significant long-term growth driver. This mixed-use development includes residential, commercial (office, retail, hotel, restaurants), and entertainment components. Phase II of the Triple Crown Residences is already approximately 94% leased, and recent agreements will add over 160 new residential units. The development of the remaining 50 acres for various commercial uses is also underway, aiming to create a vibrant "live, stay, work, and play" environment that will generate new revenue streams. * New Amphitheater and Expanded Entertainment Offerings: A major new 19,000-capacity amphitheater, operated by Live Nation, is scheduled to open in June 2026. This venue is expected to significantly boost entertainment revenue through ticket sales and associated food and beverage operations. Additionally, Canterbury Park is actively focusing on expanding its portfolio of mid- and large-scale events, a strategy that has already shown increased attendance and is expected to contribute to future revenue improvements. * Increased Casino Traffic through Enhanced Marketing and VIP Programs: To counter competitive pressures and grow its core Card Casino segment, Canterbury Park's management is concentrating on increasing casino visitation. This is being achieved through expanded VIP programs and enhanced advertising and marketing initiatives, as part of a five-year strategic plan focused on growing casino revenue. * Potential Legalization of Sports Betting in Minnesota: The ongoing legislative debate in Minnesota regarding the legalization of sports betting presents a significant potential new revenue driver for Canterbury Park. If legalized, this would allow the company to expand its gaming offerings into a new market, potentially generating substantial new income.

AI Analysis | Feedback

Share Repurchases

No significant corporate share repurchase programs or activity by Canterbury Park (CPHC) have been reported for the last 3-5 years (2021-2025).

Share Issuance

Shareholders have not been meaningfully diluted in the past year, indicating no significant share issuances.

Outbound Investments

  • As of December 31, 2025, Canterbury Development contributed approximately 40 acres of land to four separate joint ventures as part of its Canterbury Commons real estate strategy.
  • The Company recorded net losses from equity investments in these joint ventures of $5.2 million and $5.5 million for the years ended December 31, 2025, and 2024, respectively.

Capital Expenditures

  • Canterbury Park's capital expenditures (in millions USD) were approximately $4 million in 2021, $5 million in 2022, $8 million in 2023, and $16 million in 2024.
  • Projected capital expenditures are around $7 million for 2025, 2026, 2027, and 2028, increasing to $8 million in 2029.
  • The completion of large capital improvement projects contributed to an 11.5% increase in depreciation and amortization expense during the past year.

Better Bets vs. Canterbury Park (CPHC)

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1How Low Can Canterbury Park Stock Really Go?10/17/2025
Title
0ARTICLES

Trade Ideas

Select ideas related to CPHC.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MBLY_2272026_Dip_Buyer_HighCashEquity_ExInd02272026MBLYMobileye GlobalDip BuyDB | Cash/EquityDip Buyer with High Net Cash % Equity
Buying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation
0.0%0.0%0.0%
SAH_2202026_Insider_Buying_GTE_1Mil_EBITp+DE_V202202026SAHSonic AutomotiveInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-5.9%-5.9%-6.1%
MAT_2132026_Insider_Buying_GTE_1Mil_EBITp+DE_V202132026MATMattelInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
2.9%2.9%0.0%
SONO_2132026_Insider_Buying_GTE_1Mil_EBITp+DE_V202132026SONOSonosInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-0.7%-0.7%-4.6%
DECK_2062026_Dip_Buyer_ValueBuy02062026DECKDeckers OutdoorDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
1.6%1.6%-0.8%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CPHCCHDNPENNBYDCZRBALYMedian
NameCanterbu.Churchil.PENN Ent.Boyd Gam.Caesars .Ballys  
Mkt Price15.7286.3614.3181.6428.0612.6921.89
Mkt Cap0.16.01.96.45.80.83.8
Rev LTM602,9266,9614,09211,4862,5323,509
Op Inc LTM37362728772,07867504
FCF LTM5310-177303493-303
FCF 3Y Avg1155-95467257-155
CFO LTM97705089771,302-770
CFO 3Y Avg97164419491,395-716

Growth & Margins

CPHCCHDNPENNBYDCZRBALYMedian
NameCanterbu.Churchil.PENN Ent.Boyd Gam.Caesars .Ballys  
Rev Chg LTM-3.2%7.0%5.8%4.1%2.1%1.9%3.1%
Rev Chg 3Y Avg-3.7%18.0%2.9%4.8%2.1%9.1%3.8%
Rev Chg Q3.9%6.7%8.2%2.0%4.2%6.8%5.4%
QoQ Delta Rev Chg LTM0.8%1.4%2.0%0.5%1.0%1.7%1.2%
Op Mgn LTM4.2%25.2%3.9%21.4%18.1%2.6%11.2%
Op Mgn 3Y Avg6.8%25.0%4.0%24.1%20.2%3.4%13.5%
QoQ Delta Op Mgn LTM0.7%0.0%0.6%-1.7%-0.0%0.2%0.1%
CFO/Rev LTM14.9%26.3%7.3%23.9%11.3%-14.9%
CFO/Rev 3Y Avg14.8%26.4%6.6%24.2%12.2%-14.8%
FCF/Rev LTM7.9%10.6%-2.5%7.4%4.3%-7.4%
FCF/Rev 3Y Avg1.6%5.3%-1.4%12.0%2.2%-2.2%

Valuation

CPHCCHDNPENNBYDCZRBALYMedian
NameCanterbu.Churchil.PENN Ent.Boyd Gam.Caesars .Ballys  
Mkt Cap0.16.01.96.45.80.83.8
P/S1.32.10.31.60.50.30.9
P/EBIT31.87.3-4.62.63.1-4.52.8
P/E-151.415.8-2.33.5-11.5-1.2-1.7
P/CFO9.07.83.86.64.4-6.6
Total Yield0.2%6.3%-44.0%29.0%-8.7%-86.4%-4.2%
Dividend Yield0.9%0.0%0.0%0.2%0.0%0.0%0.0%
FCF Yield 3Y Avg1.4%1.8%-4.4%7.3%4.0%-1.8%
D/E0.00.95.90.44.37.32.6
Net D/E-0.20.85.50.44.27.12.5

Returns

CPHCCHDNPENNBYDCZRBALYMedian
NameCanterbu.Churchil.PENN Ent.Boyd Gam.Caesars .Ballys  
1M Rtn0.3%-8.9%7.1%-2.1%41.4%-12.7%-0.9%
3M Rtn3.6%-26.0%0.2%-4.1%14.4%-20.8%-1.9%
6M Rtn-3.5%-10.0%-27.0%-3.2%11.8%27.9%-3.3%
12M Rtn-18.0%-19.4%-11.8%24.9%5.4%-30.5%-14.9%
3Y Rtn-34.6%-27.4%-46.9%39.3%-39.0%-33.1%-33.8%
1M Excs Rtn2.6%-6.5%9.5%0.3%43.8%-10.3%1.5%
3M Excs Rtn6.2%-23.4%5.5%1.2%21.1%-15.8%3.3%
6M Excs Rtn-7.8%-15.1%-31.4%-7.5%5.5%24.0%-7.6%
12M Excs Rtn-39.4%-39.6%-34.1%1.6%-18.3%-51.4%-36.8%
3Y Excs Rtn-107.0%-98.6%-122.3%-40.0%-117.1%-104.5%-105.8%

Comparison Analyses

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Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Horse Racing10093715136
Development3935262629
Food and Beverage3633302725
Casino12233
Elimination of intercompany balances-66-58-38-24-24
Total110105928369


Price Behavior

Price Behavior
Market Price$15.72 
Market Cap ($ Bil)0.1 
First Trading Date12/29/2006 
Distance from 52W High-18.9% 
   50 Days200 Days
DMA Price$15.76$17.08
DMA Trenddownup
Distance from DMA-0.2%-8.0%
 3M1YR
Volatility27.4%28.6%
Downside Capture-32.497.82
Upside Capture-13.80-16.65
Correlation (SPY)-15.9%3.1%
CPHC Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta-0.91-0.72-0.58-0.050.050.16
Up Beta-3.05-1.44-1.40-0.630.03-0.02
Down Beta-0.17-0.64-0.65-0.270.180.35
Up Capture-56%-38%-18%11%-9%1%
Bmk +ve Days9203170142431
Stock +ve Days918285398313
Down Capture-52%-77%-53%34%15%49%
Bmk -ve Days12213054109320
Stock -ve Days7172553115334

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CPHC
CPHC-4.9%28.3%-0.23-
Sector ETF (XLY)13.0%23.7%0.46-2.4%
Equity (SPY)19.6%18.9%0.810.8%
Gold (GLD)71.9%26.3%2.0524.8%
Commodities (DBC)19.3%17.3%0.899.4%
Real Estate (VNQ)6.2%16.3%0.196.5%
Bitcoin (BTCUSD)-15.0%44.2%-0.24-6.0%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CPHC
CPHC5.4%48.4%0.29-
Sector ETF (XLY)8.0%23.7%0.305.8%
Equity (SPY)13.1%17.0%0.616.0%
Gold (GLD)24.1%17.3%1.142.4%
Commodities (DBC)11.2%19.0%0.471.5%
Real Estate (VNQ)4.8%18.8%0.166.0%
Bitcoin (BTCUSD)6.4%56.7%0.33-1.7%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CPHC
CPHC6.7%43.4%0.31-
Sector ETF (XLY)12.4%21.9%0.5211.1%
Equity (SPY)14.5%17.9%0.7011.0%
Gold (GLD)14.4%15.6%0.772.6%
Commodities (DBC)8.6%17.6%0.404.8%
Real Estate (VNQ)5.6%20.7%0.2310.7%
Bitcoin (BTCUSD)67.5%66.8%1.070.2%

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Short Interest

Short Interest: As Of Date2272026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 2152026-10.0%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest2.7 days
Basic Shares Quantity5.1 Mil
Short % of Basic Shares0.1%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

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Report DateFiling DateFiling
12/31/202503/10/202610-K
09/30/202511/07/202510-Q
06/30/202508/08/202510-Q
03/31/202505/09/202510-Q
12/31/202403/11/202510-K
09/30/202411/08/202410-Q
06/30/202408/09/202410-Q
03/31/202405/10/202410-Q
12/31/202303/12/202410-K
09/30/202311/13/202310-Q
06/30/202308/11/202310-Q
03/31/202305/12/202310-Q
12/31/202203/21/202310-K
09/30/202211/14/202210-Q
06/30/202208/12/202210-Q
03/31/202205/13/202210-Q