NYSE:FUNCedar Fair Stock Price, Forecast & News

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 stock has decreased by 5.1% and is now trading at $27.75. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cedar Fair in the last year. There are currently 2 hold ratings and 7 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) announced its quarterly earnings results on Wednesday, May, 6th. The company reported ($2.27) EPS for the quarter, missing the Zacks' consensus estimate of ($1.72) by $0.55. The company had revenue of $53.60 million for the quarter, compared to the consensus estimate of $51.16 million. Cedar Fair had a negative return on equity of 159.40% and a net margin of 2.74%. The firm's revenue for the quarter was down 20.0% compared to the same quarter last year. During the same period in the prior year, the business earned ($1.49) earnings per share. 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 paid a dividend of $0.935 per share on Tuesday, March 17th. This represents a $3.74 annualized dividend and a dividend yield of 13.48%. The ex-dividend date is Tuesday, March 3rd. View Cedar Fair's dividend history.

Cedar Fair updated 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.

9 equities research analysts have issued twelve-month price targets for Cedar Fair's shares. Their forecasts range from $29.00 to $60.00. On average, they expect Cedar Fair's share price to reach $39.78 in the next year. This suggests a possible upside of 43.3% from the stock's current price. View analysts' price targets for Cedar Fair.

Headlines about FUN stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cedar Fair earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave headlines 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 stock's share price in the next few days. View the latest news about Cedar Fair.

Cedar Fair saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 2,180,000 shares, a decline of 18.7% from the May 31st total of 2,680,000 shares. Based on an average trading volume of 1,350,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 4.1% 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), International Game Technology (IGT), Six Flags Entertainment (SIX), SeaWorld Entertainment (SEAS), Everi (EVRI), Golden Entertainment (GDEN), 500.com (WBAI), SCWorx (WORX) and Butler National (BUKS). 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 many different institutional and retail investors. Top institutional shareholders include Truehand Inc (0.10%), Carnegie Capital Asset Management LLC (0.08%), M&R Capital Management Inc. (0.01%) and Larson Financial Group LLC (0.00%). 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 Carnegie Capital Asset Management LLC, M&R Capital Management Inc., and Truehand Inc. View insider buying and selling activity for Cedar Fair.

FUN stock was purchased by a variety of institutional investors in the last quarter, including Larson Financial Group 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 $27.75.

Cedar Fair has a market capitalization of $1.57 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]