International Speedway Corp (NASDAQ:ISCA) had declared a cash dividend of $0.4100 on Apr 13, 2016. The shares will quote ex-dividend on May 26, 2016 and the record date has been fixed on May 31, 2016. At Apr 13, 2016 share price, the yield comes out to be 1.1724%. The dividend payable date has been fixed on Jun 30, 2016.
In a different note, On Jan 27, 2016, Macquarie said it Maintains its rating on International Speedway Corp. In the research note, the firm Lowers the price-target to $51.00 per share. The shares have been rated ‘Outperform’ by the firm.
International Speedway Corp (ISCA) shares turned negative on Fridays trading session with the shares closing down -0.5 points or -1.43% at a volume of 2,19,848. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $35.15. The peak price level was also seen at $35.15 while the days lowest was $34.23. Finally the shares closed at $34.4. The 52-week high of the shares is $38.27 while the 52-week low is $28.96. According to the latest information available, the market cap of the company is $1,598 M.
International Speedway Corp(ISCA) last announced its earnings results on Jan 26, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $219.32M. Analysts had an estimated revenue of $216.98M. Earnings per share were $0.74. Analysts had estimated an EPS of $0.67.
Several Insider Transactions has been reported to the SEC. On Feb 23, 2016, James C France (CEO) purchased 100 shares at $34.80 per share price.Also, On Jan 28, 2016, Hyatt J Brown (director) purchased 10,000 shares at $33.05 per share price.On Oct 14, 2015, Edsel B Ii Ford (director) sold 24,708 shares at $36.35 per share price, according to the Form-4 filing with the securities and exchange commission.
International Speedway Corporation is an owner of motorsports entertainment facilities and promoter of motorsports themed entertainment activities. The Company’s business is a motorsports themed amusement enterprise furnishing amusement in the form of motorsports themed entertainment. Its motorsports themed event operations consist principally of racing events at its major motorsports entertainment facilities which include providing catering and food and beverage concessions at its motorsports entertainment facilities. The Company owns and/or operates approximately 13 motorsports entertainment facilities. It owns Americrown Service Corporation and also owns and operates the Motor Racing Network Inc. The Company also uses its motorsports entertainment facilities for testing for teams driving schools riding experiences car shows auto fairs concerts and settings for television commercials print advertisements and motion pictures. It also rents show cars for promotional events.