Cedar Fair (FUN) Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cedar Fair in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FUN shares.
View FUN analyst ratings or view top-rated stocks.

10 analysts have issued 12-month price objectives for Cedar Fair's shares. Their FUN share price forecasts range from $41.00 to $61.00. On average, they anticipate the company's share price to reach $48.91 in the next year. This suggests a possible upside of 23.0% from the stock's current price.
View analysts price targets for FUN or view top-rated stocks among Wall Street analysts.

Cedar Fair's stock was trading at $41.34 at the start of the year. Since then, FUN stock has decreased by 3.8% and is now trading at $39.75.
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Cedar Fair saw a decrease in short interest in the month of August. As of August 15th, there was short interest totaling 2,620,000 shares, a decrease of 13.0% from the July 31st total of 3,010,000 shares. Based on an average trading volume of 250,300 shares, the short-interest ratio is presently 10.5 days. Currently, 5.8% of the company's stock are short sold.
View Cedar Fair's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our FUN earnings forecast.

Cedar Fair, L.P. (NYSE:FUN) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $0.97 by $0.07. The company earned $500.98 million during the quarter, compared to the consensus estimate of $502.70 million. Cedar Fair had a net margin of 14.73% and a negative trailing twelve-month return on equity of 22.58%. During the same quarter in the prior year, the firm posted $0.89 EPS.

Cedar Fair declared a quarterly dividend on Thursday, August 3rd. Investors of record on Wednesday, September 6th will be paid a dividend of $0.30 per share on Wednesday, September 20th. This represents a $1.20 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Tuesday, September 5th.
Read our dividend analysis for FUN.

Neuberger Berman Next Generation Connected Consumer ETF holds 3,493 shares of FUN stock, representing 2.43% of its portfolio.

Cedar Fair (NYSE:FUN) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.04%. The dividend payout ratio is 26.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FUN will have a dividend payout ratio of 33.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FUN.

13 employees have rated Cedar Fair Chief Executive Officer Richard Zimmerman on Glassdoor.com. Richard Zimmerman has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cedar Fair investors own include Ballard Power Systems (BLDP), AT&T (T), Hawkins (HWKN), Walt Disney (DIS), NVIDIA (NVDA), Gilead Sciences (GILD), Johnson & Johnson (JNJ), Verizon Communications (VZ), Intel (INTC) and Pfizer (PFE).

Cedar Fair trades on the New York Stock Exchange (NYSE) under the ticker symbol "FUN."

Cedar Fair's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Goldman Sachs Group Inc. (7.39%), JPMorgan Chase & Co. (4.39%), Thrivent Financial for Lutherans (3.03%), Barclays PLC (2.68%), Centerbridge Partners L.P. (2.58%) and Bank of Montreal Can (1.36%).
View institutional ownership trends.

Shares of FUN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FUN stock can currently be purchased for approximately $39.75.

Cedar Fair (NYSE:FUN) has a market capitalization of $2.03 billion and generates $1.82 billion in revenue each year. The company earns $307.67 million in net income (profit) each year or $4.56 on an earnings per share basis.

The company employs 53,200 workers across the globe.

Cedar Fair's mailing address is ONE CEDAR POINT DRIVE, SANDUSKY OH, 44870. The official website for the company is www.cedarfair.com. The company can be reached via phone at (419) 626-0830, via email at investing@cedarfair.com, or via fax at 419-627-2260.