Equities analysts expect Six Flags Entertainment Corp (NYSE:SIX) to post earnings per share (EPS) of $1.00 for the current quarter, Zacks reports. Ten analysts have made estimates for Six Flags Entertainment’s earnings. The lowest EPS estimate is $0.91 and the highest is $1.10. Six Flags Entertainment posted earnings per share of $0.88 in the same quarter last year, which would indicate a positive year over year growth rate of 13.6%. The firm is scheduled to announce its next earnings report before the market opens on Wednesday, July 24th.
On average, analysts expect that Six Flags Entertainment will report full-year earnings of $2.81 per share for the current year, with EPS estimates ranging from $2.55 to $3.00. For the next fiscal year, analysts forecast that the company will report earnings of $3.00 per share, with EPS estimates ranging from $2.60 to $3.36. Zacks’ earnings per share averages are an average based on a survey of research analysts that follow Six Flags Entertainment.
Six Flags Entertainment (NYSE:SIX) last issued its quarterly earnings data on Tuesday, April 23rd. The company reported ($0.82) EPS for the quarter, topping analysts’ consensus estimates of ($0.86) by $0.04. Six Flags Entertainment had a net margin of 18.40% and a negative return on equity of 41.58%. The business had revenue of $128.19 million during the quarter, compared to analysts’ expectations of $123.63 million. During the same period last year, the company posted ($0.74) EPS. The business’s revenue was down .6% on a year-over-year basis.
SIX stock opened at $49.68 on Wednesday. Six Flags Entertainment has a 12 month low of $46.68 and a 12 month high of $72.39. The business’s 50-day moving average price is $51.55. The stock has a market cap of $4.14 billion, a PE ratio of 15.38, a PEG ratio of 3.34 and a beta of 1.13.
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Thursday, May 30th were given a $0.82 dividend. The ex-dividend date of this dividend was Wednesday, May 29th. This represents a $3.28 annualized dividend and a yield of 6.60%. Six Flags Entertainment’s dividend payout ratio (DPR) is 101.55%.
Institutional investors have recently added to or reduced their stakes in the business. Synovus Financial Corp bought a new stake in shares of Six Flags Entertainment in the 1st quarter valued at about $25,000. Ffcm LLC raised its holdings in shares of Six Flags Entertainment by 50.0% in the 4th quarter. Ffcm LLC now owns 492 shares of the company’s stock valued at $27,000 after purchasing an additional 164 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of Six Flags Entertainment by 5,463.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,564,983 shares of the company’s stock valued at $28,000 after purchasing an additional 1,536,851 shares in the last quarter. Next Capital Management LLC bought a new position in shares of Six Flags Entertainment during the 1st quarter worth approximately $34,000. Finally, Pinnacle Bank bought a new position in shares of Six Flags Entertainment during the 4th quarter worth approximately $58,000. 84.16% of the stock is owned by institutional investors.
Six Flags Entertainment Company Profile
Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags name. The company's parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 25 parks, including 22 parks in the United States; 2 parks in Mexico; and 1 park in Montreal, Canada.
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