Cedar Fair - FUN Stock Forecast, Price & News

8 Wall Street equities research 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. The consensus among Wall Street equities research analysts is that investors should "buy" FUN shares.
View FUN analyst ratings or view top-rated stocks.

8 Wall Street analysts have issued twelve-month price objectives for Cedar Fair's stock. Their FUN share price forecasts range from $41.00 to $58.00. On average, they expect the company's share price to reach $51.50 in the next twelve months. This suggests a possible upside of 24.5% 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 $50.06 on January 1st, 2022. Since then, FUN shares have decreased by 17.3% and is now trading at $41.38.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our FUN earnings forecast.

Cedar Fair, L.P. (NYSE:FUN) issued its earnings results on Wednesday, November, 3rd. The company reported $2.60 EPS for the quarter, topping analysts' consensus estimates of $2.19 by $0.41. The firm had revenue of $753.40 million for the quarter, compared to analysts' expectations of $663.44 million. Cedar Fair had a net margin of 14.88% and a negative trailing twelve-month return on equity of 23.14%. The company's revenue was up 761.0% compared to the same quarter last year. During the same period in the prior year, the business posted ($2.12) EPS.

Cedar Fair announced a quarterly dividend on Wednesday, November 2nd. Investors of record on Thursday, December 1st will be paid a dividend of $0.30 per share on Thursday, December 15th. This represents a $1.20 annualized dividend and a yield of 2.90%. The ex-dividend date is Wednesday, November 30th.
Read our dividend analysis for FUN.

Cedar Fair (NYSE:FUN) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.90%. The dividend payout ratio is 25.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FUN will have a dividend payout ratio of 42.70% 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 institutional and retail investors. Top institutional shareholders include ING Groep NV (5.15%), Barclays PLC (3.34%), Neuberger Berman Group LLC (3.02%), Thrivent Financial for Lutherans (2.11%), York Capital Management Global Advisors LLC (1.44%) and CI Investments Inc. (0.83%). Insiders that own company stock include Carlos Ruisanchez, Craig Heckman, David R Hoffman, John M Scott III, Matthew A Ouimet, Milkie Duffield, Richard Zimmerman and Tim Fisher.
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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 $41.38.

Cedar Fair (NYSE:FUN) has a market capitalization of $2.25 billion and generates $1.34 billion in revenue each year. The company earns $-48,520,000.00 in net income (profit) each year or $4.71 on an earnings per share basis.

The company employs 46,000 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.