NYSE:FUNCedar Fair Stock Price, Forecast & News

Cedar Fair's stock was trading at $29.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FUN stock has increased by 8.8% and is now trading at $31.81. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cedar Fair in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cedar Fair.

Cedar Fair is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Cedar Fair.

Cedar Fair, L.P. (NYSE:FUN) posted its quarterly earnings results on Wednesday, May, 6th. The company reported ($2.27) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($1.72) by $0.55. The business had revenue of $53.60 million for the quarter, compared to analysts' expectations of $51.16 million. Cedar Fair had a net margin of 2.74% and a negative return on equity of 159.40%. Cedar Fair's quarterly revenue was down 20.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($1.49) EPS. View Cedar Fair's earnings history.

Cedar Fair declared a quarterly dividend on Thursday, February 20th. Investors of record on Wednesday, March 4th will be given a dividend of $0.935 per share on Tuesday, March 17th. This represents a $3.74 dividend on an annualized basis and a yield of 11.76%. The ex-dividend date of this dividend is Tuesday, March 3rd. View Cedar Fair's dividend history.

Cedar Fair issued an update on its first quarter 2020 After-Hours earnings guidance on Thursday, April, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $51.977-56.977 million, compared to the consensus revenue estimate of $60.21 million.

8 Wall Street analysts have issued 12-month price targets for Cedar Fair's shares. Their forecasts range from $27.00 to $60.00. On average, they expect Cedar Fair's stock price to reach $37.38 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price. View analysts' price targets for Cedar Fair.

Press coverage about FUN stock has been trending positive on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cedar Fair earned a media sentiment score of 2.8 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutCedar Fair.

Cedar Fair saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,300,000 shares, an increase of 39.8% from the April 30th total of 2,360,000 shares. Based on an average trading volume of 1,220,000 shares, the short-interest ratio is presently 2.7 days. Approximately 6.3% of the shares of the stock are sold short. View Cedar Fair's Current Options Chain.

Some companies that are related to Cedar Fair include Madison Square Garden (MSG), Six Flags Entertainment (SIX), International Game Technology (IGT), SeaWorld Entertainment (SEAS), Everi (EVRI), Golden Entertainment (GDEN), 500.com (WBAI), Butler National (BUKS) and SCWorx (WORX). View all competitors.

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), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Gilead Sciences (GILD), Verizon Communications (VZ) and Intel (INTC).

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

Cedar Fair's stock is owned by a variety of institutional and retail investors. Top institutional investors include Janus Henderson Group PLC (6.54%), Morgan Stanley (4.74%), Morgan Stanley (4.74%), Alleghany Corp DE (2.38%), UBS Group AG (0.69%) and Invesco Ltd. (0.54%). Company insiders that own Cedar Fair stock include Carlos Ruisanchez, Craig Heckman, David R Hoffman, Eric Affeldt, John M Scott III, Milkie Duffield, Richard Zimmerman, Thomas Klein and Tim Fisher. View institutional ownership trends for Cedar Fair.

FUN stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Invesco Ltd., Janus Henderson Group PLC, JPMorgan Chase & Co., Wells Fargo & Company MN, Cetera Advisors LLC, and ING Groep NV. View insider buying and selling activity for Cedar Fair.

FUN stock was acquired by a variety of institutional investors in the last quarter, including Six Columns Capital LP, UBS Group AG, Advisor Group Holdings Inc., Private Advisor Group LLC, Oasis Management Co Ltd., Truehand Inc, RBF Capital LLC, and Sequoia Financial Advisors LLC. Company insiders that have bought Cedar Fair stock in the last two years include Carlos Ruisanchez, Craig Heckman, David R Hoffman, Eric Affeldt, John M Scott III, Milkie Duffield, Richard Zimmerman, Thomas Klein, and Tim Fisher. View insider buying and selling activity for Cedar Fair.

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

One share of FUN stock can currently be purchased for approximately $31.81.

Cedar Fair has a market capitalization of $1.80 billion and generates $1.47 billion in revenue each year. The company earns $172.37 million in net income (profit) each year or $3.08 on an earnings per share basis. Cedar Fair employs 51,200 workers across the globe.

The official website for Cedar Fair is www.cedarfair.com.

Cedar Fair's mailing address is ONE CEDAR POINT DRIVE, SANDUSKY OH, 44870. The company can be reached via phone at 419-626-0830 or via email at [email protected]