NYSE:FUNCedar Fair Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cedar Fair, L.P. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $31.81 -1.14 (-3.46 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$30.50Now: $31.81▼$33.1750-Day Range$18.28MA: $26.76▼$33.2952-Week Range$13.00Now: $31.81▼$64.86Volume1.11 million shsAverage Volume1.03 million shsMarket Capitalization$1.80 billionP/E Ratio47.48Dividend Yield11.35%Beta1.87 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Cedar Fair, L.P. owns and operates amusement and water parks, and hotels in the United States and Canada. The company operates approximately 11 amusement parks, 2 outdoor water parks, 1 indoor water park, and 4 hotels. Its amusement parks include Cedar Point located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Knott's Berry Farm near Los Angeles, California; Canada's Wonderland near Toronto, Canada; Kings Island near Cincinnati, Ohio; Carowinds in Charlotte, North Carolina; Dorney Park & Wildwater Kingdom in Allentown, Pennsylvania; Kings Dominion located near Richmond, Virginia; California's Great America located in Santa Clara, California; Valleyfair located near Minneapolis/St. Paul, Minnesota; Worlds of Fun located in Kansas City, Missouri; and Michigan's Adventure located near Muskegon, Michigan. The company also manages and operates Gilroy Gardens Family Theme Park in Gilroy, California; and owns and operates the Castaway Bay Indoor Waterpark Resort in Sandusky, Ohio, as well as two gated outdoor water parks. Cedar Fair Management, Inc. serves as the general partner of Cedar Fair, L.P. The company was founded in 1983 and is based in Sandusky, Ohio.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingCedar Fair has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.38, Cedar Fair has a potential upside of 17.5% from its current price of $31.81.Amount of Analyst CoverageCedar Fair has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesCedar Fair has received 551 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCedar Fair has received 463 “underperform” votes. (Add your “underperform” vote.)Community SentimentCedar Fair has received 54.34% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Cedar Fair and other stocks. Vote “Outperform” if you believe FUN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FUN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipCedar Fair is a leading dividend payer. It pays a dividend yield of 11.35%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCedar Fair has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Cedar Fair is 121.43 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Cedar Fair will have a dividend payout ratio of 1,780.95 % in the coming year. This indicates that Cedar Fair may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cedar Fair insiders have bought more of their company's stock than they have sold. Specifically, they have bought $769,988.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.20% of the stock of Cedar Fair is held by insiders.Percentage Held by Institutions41.82% of the stock of Cedar Fair is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Cedar Fair are expected to grow in the coming year, from ($4.21) to $0.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cedar Fair is 47.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Cedar Fair is 47.48, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.14. Previous Next Analyst Opinion: 3.4Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.64 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Miscellaneous amusement & recreation services Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:FUN Previous Symbol CUSIPN/A CIK811532 Webwww.cedarfair.com Phone419-626-0830Debt Debt-to-Equity Ratio50.48 Current Ratio0.52 Quick Ratio0.48Price-To-Earnings Trailing P/E Ratio47.48 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.47 billion Price / Sales1.22 Cash Flow$5.88 per share Price / Cash Flow5.41 Book Value($4.84) per share Price / Book-6.57Profitability EPS (Most Recent Fiscal Year)$3.08 Net Income$172.37 million Net Margins2.74% Return on Equity-159.40% Return on Assets5.36%Miscellaneous Employees51,200 Outstanding Shares56,700,000Market Cap$1.80 billion Next Earnings Date8/5/2020 (Estimated) OptionableOptionable FUN Rates by TradingView Receive FUN News and Ratings via Email Sign-up to receive the latest news and ratings for FUN and its competitors with MarketBeat's FREE daily newsletter. Cedar Fair (NYSE:FUN) Frequently Asked Questions How has Cedar Fair's stock been impacted by COVID-19 (Coronavirus)? Cedar Fair's stock was trading at $29.25 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FUN shares have increased by 8.8% and is now trading at $31.81. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Cedar Fair? 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. When is Cedar Fair's next earnings date? Cedar Fair is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Cedar Fair. How were Cedar Fair's earnings last quarter? Cedar Fair, L.P. (NYSE:FUN) announced its earnings results on Wednesday, May, 6th. The company reported ($2.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.72) by $0.55. The business earned $53.60 million during the quarter, compared to analysts' expectations of $51.16 million. Cedar Fair had a negative return on equity of 159.40% and a net margin of 2.74%. The company's revenue was down 20.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($1.49) EPS. View Cedar Fair's earnings history. How often does Cedar Fair pay dividends? What is the dividend yield for Cedar Fair? Cedar Fair declared a quarterly dividend on Thursday, February 20th. Stockholders 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 is Tuesday, March 3rd. View Cedar Fair's dividend history. What guidance has Cedar Fair issued on next quarter's earnings? 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. What price target have analysts set for FUN? 8 brokerages have issued twelve-month price targets for Cedar Fair's stock. Their forecasts range from $27.00 to $60.00. On average, they anticipate Cedar Fair's share 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. Has Cedar Fair been receiving favorable news coverage? Media stories about FUN stock have been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cedar Fair earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutCedar Fair. Are investors shorting Cedar 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 daily volume of 1,220,000 shares, the short-interest ratio is currently 2.7 days. Currently, 6.3% of the shares of the stock are short sold. View Cedar Fair's Current Options Chain. Who are some of Cedar Fair's key competitors? 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. What other stocks do shareholders of Cedar Fair own? 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). Who are Cedar Fair's key executives? Cedar Fair's management team includes the following people: Mr. Matthew A. Ouimet, Exec. Chairman of Cedar Fair Management Inc. (Age 61)Mr. Richard A. Zimmerman, Pres & CEO of Cedar Fair Management Inc. (Age 58)Mr. Brian C. Witherow, Exec. VP & CFO - Cedar Fair Management Inc. (Age 52)Mr. Duffield E. Milkie, Exec. VP, Corp. Sec. & Gen. Counsel of Cedar Fair Management Inc. (Age 53)Ms. Kelley S. Semmelroth, Exec. VP & Chief Marketing Officer of Cedar Fair Management Inc. (Age 54) What is Cedar Fair's stock symbol? Cedar Fair trades on the New York Stock Exchange (NYSE) under the ticker symbol "FUN." Who are Cedar Fair's major shareholders? Cedar Fair's stock is owned by a number of institutional and retail investors. Top institutional shareholders 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. Which institutional investors are selling Cedar Fair stock? 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. Which institutional investors are buying Cedar Fair stock? FUN stock was bought 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. How do I buy shares of 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. What is Cedar Fair's stock price today? One share of FUN stock can currently be purchased for approximately $31.81. How big of a company is Cedar Fair? 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. What is Cedar Fair's official website? The official website for Cedar Fair is www.cedarfair.com. How can I contact Cedar Fair? 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] This page was last updated on 5/30/2020 by MarketBeat.com Staff
