Gabelli reiterated their buy rating on shares of Dover Motorsports, Inc. (NYSE:DVD) in a report released on Wednesday morning.

Shares of Dover Motorsports (NYSE:DVD) remained flat at $2.25 during mid-day trading on Wednesday. 527 shares of the stock traded hands. The firm has a market capitalization of $81.48 million, a price-to-earnings ratio of 22.50 and a beta of 0.80. The stock has a 50-day moving average of $2.31 and a 200-day moving average of $2.33. Dover Motorsports has a 52 week low of $2.03 and a 52 week high of $2.54.

Dover Motorsports (NYSE:DVD) last issued its earnings results on Thursday, January 26th. The company reported $0.09 earnings per share for the quarter. The company had revenue of $20.10 million for the quarter, compared to analysts’ expectations of $21 million. Dover Motorsports had a net margin of 8.29% and a return on equity of 7.72%. Equities research analysts expect that Dover Motorsports will post $0.12 EPS for the current fiscal year.

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Dover Motorsports Company Profile

Dover Motorsports, Inc is a marketer and promoter of motorsports entertainment in the United States. The Company, through its subsidiaries, owns and operates Dover International Speedway in Dover, Delaware, and Nashville Superspeedway near Nashville, Tennessee. The Dover International Speedway is located in Dover, Delaware, on approximately 770 acres of land.

5 Day Chart for NYSE:DVD

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