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Profile - Dover Downs Entertainment (NYSE:DVD)
As of 31-Aug-2001
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Upcoming Events
Sep 10Dividend payment of $0.045
Location
1131 North Dupont Highway
Dover, DE 19901
Phone: (302) 674-4600
Fax: (302) 734-3142
Employees (last reported count): 656
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Free Annual Report
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Services
 ·Industry: Recreational Activities
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Ownership
·Insider and 5%+ Owners: 66%
·Over the last 6 months:
 · one insider buy; 1,000  shares
·Institutional: 22% (63% of float)
(111 institutions)
·Net Inst. Buying: 524.0K shares (+6.02%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Dover Downs, Inc. is a promoter of motor sports events in the United States. The Company operates five motor sports tracks, comprised of four permanent facilities and one temporary circuit, in four states, and promoted 16 major events during calendar year 2000 for the National Association for Stock Car Auto Racing (NASCAR), Championship Auto Racing Teams (CART) and the National Hot Rod Association (NHRA). The Company operates the historic Nashville Speedway at the Tennessee State Fairgrounds, and is constructing a new superspeedway and motor sports complex near Nashville, Tennessee. The Company also organizes and promotes the Toyota Grand Prix of Long Beach in Long Beach, California, and owns and operates Gateway International Raceway near St. Louis, Missouri and Memphis Motor sports Park near Memphis, Tennessee.
More from Market Guide: Expanded Business Description

Financial Summary
DVD is a leading promoter of NASCAR, CART and NHRA auto racing. DVD also owns and operates the Dover Downs Raceway harness racing track and a video lottery (slot) casino at a multi-purpose gaming and entertainment complex in Dover, DE. For the comparable six months ended 6/30/01, revenues rose 8% to $140 million. Net income fell 8% to $16.8 million. Results reflect higher gaming and motorsports revenues, offset by the negative impact of inclement weather at four major motorsports events.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Henry Tippie, 74
Chairman
--  
Denis McGlynn, 55
Pres, CEO, Director
$264K
Timothy Horne, 34
CFO, VP-Fin.
107K
Edward Sutor, 50
Exec. VP
133K
Klaus Belohoubek, 41
VP, Gen. Counsel and Sec.
--  
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:DVDAs of 31-Aug-2001
Price and Volume
52-Week Low
on 11-Sep-2000
$9.875
Recent Price$14.12 
52-Week High
on 29-June-2001
$15.40 
Beta0.31 
Daily Volume (3-month avg)40.4K
Daily Volume (10-day avg)45.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y]
52-Week Change+38.6%
52-Week Change
relative to S&P500
+85.9%
Share-Related Items
Market Capitalization$536.1M
Shares Outstanding38.0M
Float13.0M
Dividends & Splits
Annual Dividend (indicated)$0.18 
Dividend Yield1.27%
Last Split: 2 for 1 on 16-Sep-1998
Per-Share Data
Book Value (mrq)$6.42 
Earnings (ttm)$0.86 
Earnings (mrq)$0.38 
Sales (ttm)$6.93 
Cash (mrq)$0.32 
Valuation Ratios
Price/Book (mrq)2.20 
Price/Earnings (ttm)16.50 
Price/Sales (ttm)2.04 
Income Statements
Sales (ttm)$264.5M
EBITDA (ttm)$67.7M
Income available to common (ttm)$32.7M
Profitability
Profit Margin (ttm)12.3%
Operating Margin (ttm)21.5%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)8.94%
Return on Equity (ttm)14.17%
Financial Strength
Current Ratio (mrq)0.88 
Debt/Equity (mrq)0.42 
Total Cash (mrq)$12.2M
Short Interest
As of 8-Aug-2001
Shares Short232.0K
Percent of Float1.8%
Shares Short
(Prior Month)
200.0K
Short Ratio5.39 
Daily Volume43.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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