Canterbury Park Holding Corp Overview
Canterbury Park Holding Corp, a U.S.-based company, operates primarily in the pari-mutuel wagering sector, focusing on live thoroughbred and quarter horse racing. The company functions as a holding entity with its headquarters situated in Shakopee, Minnesota. Beyond its core operations, Canterbury Park is also involved in the broader Consumer Discretionary sector, specifically within the Hotels, Restaurants & Leisure industry.
Stock Performance and Financials
As of May 18, 2025, the closing price of Canterbury Park Holding Corp’s stock was $17.4. Over the past year, the stock has experienced fluctuations, reaching a 52-week high of $24.05 on June 16, 2024, and a 52-week low of $16.908 on April 21, 2025. The company’s market capitalization stands at $89,450,000 USD, reflecting its current valuation in the market.
The price-to-earnings (P/E) ratio of Canterbury Park Holding Corp is notably high at 109.17, indicating that investors are willing to pay a premium for the company’s earnings. This could be attributed to the company’s established presence in the racing industry and its potential for future growth.
Operational Footprint
Canterbury Park Holding Corp’s operations are primarily based in Minnesota, where it hosts wagering activities. The company’s official website, www.canterburypark.com , provides further information and access to its services. The stock of Canterbury Park Holding Corp is traded on the Nasdaq stock exchange, a detail that underscores its public trading status since its initial public offering (IPO) on December 5, 1994.
Conclusion
Canterbury Park Holding Corp remains a significant player in the pari-mutuel wagering industry, with a strong historical presence and a strategic location in Minnesota. Despite the high P/E ratio, the company’s market position and operational focus continue to attract investor interest. As the company navigates the competitive landscape of the Consumer Discretionary sector, its performance on the Nasdaq will be closely watched by stakeholders and market analysts alike.