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Hall of Fame Resort & Entertainment Company (HOFV) Stock Forecast & Price Prediction

Live HOFV Stock Price & Analysis

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$1.03

-0.01 (-0.96%)

12 Month Price Forecast For HOFV

$1.03
Current Price
$6.36M
Market Cap
1 Ratings
Buy 0
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to HOFV Price Forecasts

N/A
To High Target of $N/A
N/A
To Median Target of $N/A
N/A
To Low Target of $N/A

HOFV Price Momentum

-7.2%
1 Week Change
-14.9%
1 Month Change
-66.9%
1 Year Change
-68.3%
Year-to-Date Change
-74.5%
From 52W High of $4.04
+27.0%
From 52W Low of $0.81

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: December 13, 2024 1:31 PM UTC

HOFV Analyst Ratings & Price Targets

Based on our analysis of 1 Wall Street analysts, HOFV has a consensus that is neutral. The median price target is $0.00, with forecasts ranging from $0.00 to $0.00. Currently, there are 0 Buy ratings, 1 Hold ratings, and 0 Sell ratings.

With HOFV currently trading at $1.03, the median price forecast suggests a -100.0% downside. The most optimistic forecast comes from Michael Diana at Maxim Group, projecting a -100.0% downside, while Michael Diana at Maxim Group provides the most conservative target, suggesting a -100.0% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

HOFV Analyst Consensus

0
Buy
1
Hold
0
Sell

HOFV Price Target Range

Low
N/A
Average
N/A
High
N/A
Current: $1.03

Latest HOFV Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for HOFV.

Date Firm Analyst Rating Change Price Target
Oct 25, 2024 Maxim Group Michael Diana Hold Downgrade $0.00
Jan 4, 2022 Maxim Group Michael Diana Buy Maintains $6.00

Hall of Fame Resort & Entertainment Company (HOFV) Financial Data

Hall of Fame Resort & Entertainment Company has a market capitalization of $6.36M with a P/E ratio of -0.1x. The company generates $23.77M in trailing twelve-month revenue with a -277.9% profit margin.

Revenue growth is -23.3% quarter-over-quarter, while maintaining an operating margin of -178.5% and return on equity of -51.3%.

Valuation Metrics

Market Cap $6.36M
Enterprise Value $306.40M
P/E Ratio -0.1x
PEG Ratio -0.1x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) -23.3%
Gross Margin +75.4%
Operating Margin -178.5%
Net Margin -277.9%
EPS Growth N/A

Financial Health

Cash/Price Ratio +21.6%
Current Ratio 0.1x
Debt/Equity 305.9x
ROE -51.3%
ROA -4.7%

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Hall of Fame Resort & Entertainment Company logo

Hall of Fame Resort & Entertainment Company (HOFV) Company Overview

About Hall of Fame Resort & Entertainment Company

What They Do

Operates a sports and entertainment resort.

Business Model

The company generates revenue through its ownership of the DoubleTree by Hilton and the Hall of Fame Village, which includes various sports and entertainment offerings. It capitalizes on tourism and events associated with the Pro Football Hall of Fame, creating a diverse income stream from hospitality, events, and media.

Additional Information

Headquartered in Canton, Ohio, the company is a subsidiary of Industrial Realty Group, LLC, which may provide additional resources and support for its operations and expansion plans.

Company Information

Sector

Communication Services

Industry

Entertainment

Employees

98

CEO

Mr. Michael Anthony Crawford

Country

United States

IPO Year

2019

Hall of Fame Resort & Entertainment Company (HOFV) Latest News & Analysis

HOFV stock latest news image

Hall of Fame Village Media Launches "Hometown Heroes" in Partnership with ReachTV

2 months ago
Quick Summary

Hall of Fame Village Media and ReachTV have launched "Hometown Heroes," showcasing a day in the life of high-level athletes across various sports.

Why It Matters

The launch of Hometown Heroes enhances Hall of Fame Village Media's content portfolio, potentially increasing viewer engagement and revenue, which could positively impact its financial performance.

Source: PRNewsWire
Market Sentiment: Neutral
HOFV stock latest news image

Hall of Fame Resort & Entertainment Company to Participate in Upcoming Conferences

3 months ago
Quick Summary

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) will attend upcoming investor conferences, highlighting its focus on professional football in the resort and entertainment sector.

Why It Matters

Participation in investor conferences can boost visibility, attract potential investors, and signal confidence in growth prospects for Hall of Fame Resort & Entertainment Company.

Source: PRNewsWire
Market Sentiment: Neutral
HOFV stock latest news image

Hall of Fame Resort & Entertainment Co. (HOFV) Q2 2024 Earnings Call Transcript

4 months ago
Quick Summary

Hall of Fame Resort & Entertainment Co. (NASDAQ:HOFV) will host its Q2 2024 earnings call on August 13, 2024, at 8:30 AM ET, featuring key executives discussing company performance.

Why It Matters

Earnings calls provide insights into a company's financial health and future outlook, influencing investor sentiment and stock performance. Watch for growth indicators and management's strategic plans.

Source: Seeking Alpha
Market Sentiment: Neutral
HOFV stock latest news image

Hall of Fame Resort & Entertainment Company Announces Second Quarter 2024 Results

4 months ago
Quick Summary

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV) reported improved operational efficiency in Q2 2024, as part of its "Eat, Stay, and Play" strategy.

Why It Matters

Improved operational efficiency and strategic evolution at Hall of Fame Resort could enhance profitability and growth prospects, influencing stock performance and investor sentiment.

Source: PRNewsWire
Market Sentiment: Neutral
HOFV stock latest news image

Hall of Fame Resort & Entertainment Company Announces Release Date for Second Quarter 2024 Results

4 months ago
Quick Summary

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV) will release Q2 fiscal 2024 results on August 12, 2024, and host a conference call on August 13 at 8:30 a.m. ET.

Why It Matters

Upcoming earnings results and conference call can influence HOFV stock price, impacting investor sentiment and trading decisions based on performance and future guidance.

Source: PRNewsWire
Market Sentiment: Neutral
HOFV stock latest news image

Hall of Fame Village LLC Receives Multimillion Dollar Funding through Constellation's Efficiency Made Easyยฎ Program

5 months ago
Quick Summary

Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV) secured $9.9 million from Constellation for energy efficiency measures and Gameday Bay Waterpark development in Canton, Ohio.

Why It Matters

Funding from Constellation enhances Hall of Fame Resort's development plans and sustainability efforts, potentially increasing the company's value and attractiveness to environmentally conscious investors.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About HOFV Stock

What is Hall of Fame Resort & Entertainment Company's (HOFV) stock forecast for 2025?

Analyst forecasts for Hall of Fame Resort & Entertainment Company (HOFV) are not currently available. The stock is trading at $1.03.

Is HOFV stock a good investment in 2025?

According to current analyst ratings, HOFV has 0 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.03. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for HOFV stock?

Price predictions from Wall Street analysts for HOFV are not currently available. The stock is trading at $1.03.

What is Hall of Fame Resort & Entertainment Company's business model?

The company generates revenue through its ownership of the DoubleTree by Hilton and the Hall of Fame Village, which includes various sports and entertainment offerings. It capitalizes on tourism and events associated with the Pro Football Hall of Fame, creating a diverse income stream from hospitality, events, and media.

What is the highest forecasted price for HOFV Hall of Fame Resort & Entertainment Company?

Price targets from Wall Street analysts for HOFV are not currently available. The stock is trading at $1.03.

What is the lowest forecasted price for HOFV Hall of Fame Resort & Entertainment Company?

Price targets from Wall Street analysts for HOFV are not currently available. The stock is trading at $1.03.

What is the overall HOFV consensus from analysts for Hall of Fame Resort & Entertainment Company?

The overall analyst consensus for HOFV is neutral. Out of 1 Wall Street analysts, 0 rate it as Buy, 1 as Hold, and 0 as Sell.

How accurate are HOFV stock price projections?

Stock price projections, including those for Hall of Fame Resort & Entertainment Company, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.