Should I buy or sell Six Flags Entertainment stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Six Flags Entertainment in the last year. There are currently 2 sell ratings, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SIX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SIX, but not buy additional shares or sell existing shares. View SIX analyst ratings or view top-rated stocks .

What is Six Flags Entertainment's stock price target for 2024?

12 brokers have issued 1-year price objectives for Six Flags Entertainment's shares. Their SIX share price targets range from $16.00 to $35.00. On average, they predict the company's share price to reach $27.38 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price. View analysts price targets for SIX or view top-rated stocks among Wall Street analysts .

How have SIX shares performed in 2023?

Six Flags Entertainment's stock was trading at $23.25 at the beginning of the year. Since then, SIX stock has increased by 8.3% and is now trading at $25.17. View the best growth stocks for 2023 here .

Are investors shorting Six Flags Entertainment?

Six Flags Entertainment saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 5,830,000 shares, a drop of 22.5% from the October 31st total of 7,520,000 shares. Based on an average daily volume of 2,110,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 7.1% of the shares of the stock are sold short. View Six Flags Entertainment's Short Interest .

When is Six Flags Entertainment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024. View our SIX earnings forecast .

How were Six Flags Entertainment's earnings last quarter?

Six Flags Entertainment Co. (NYSE:SIX) issued its quarterly earnings results on Thursday, November, 2nd. The company reported $1.32 EPS for the quarter, missing analysts' consensus estimates of $1.44 by $0.12. The firm had revenue of $547.46 million for the quarter, compared to analyst estimates of $538.76 million. Six Flags Entertainment had a negative trailing twelve-month return on equity of 9.18% and a net margin of 5.29%.

Is Six Flags Entertainment a good dividend stock?

Six Flags Entertainment (NYSE:SIX) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 112.36%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SIX will have a dividend payout ratio of 51.81% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SIX .

What ETFs hold Six Flags Entertainment's stock?

ETFs with the largest weight of Six Flags Entertainment (NYSE:SIX) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) . SPDR S&P 600 Small Cap ETF (SLY) .

What is Michael Spanos' approval rating as Six Flags Entertainment's CEO?

81 employees have rated Six Flags Entertainment Chief Executive Officer Michael Spanos on Glassdoor.com . Michael Spanos has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Six Flags Entertainment own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Six Flags Entertainment investors own include AT&T (T) , Alibaba Group (BABA) , Cisco Systems (CSCO) , Walt Disney (DIS) , AbbVie (ABBV) , Cedar Fair (FUN) , Carnival Co. & (CCL) , Tesla (TSLA) , Verizon Communications (VZ) and Boeing (BA) .

Who are Six Flags Entertainment's major shareholders?

Six Flags Entertainment's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Rush Island Management LP (4.15%), Cooper Creek Partners Management LLC (3.94%), JPMorgan Chase & Co. (2.10%), Clearbridge Investments LLC (1.73%), Land & Buildings Investment Management LLC (1.66%) and Charles Schwab Investment Management Inc. (1.45%). Insiders that own company stock include Aimee Williams-Ramey, Arik W Ruchim , Gary Mick, Holly Paul, Kurt Matthew Cellar, Rehan Jaffer, Selim A Bassoul and Wilson Taylor Brooks . View institutional ownership trends .

How do I buy shares of Six Flags Entertainment?

Shares of SIX 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. Compare Top Brokerages Here .

Six Flags Entertainment Stock Price, News & Analysis (NYSE:SIX)

$25.17

+0.27 (+1.08%)

(As of 12/1/2023 ET)

Compare

Today's Range: $24.26
▼
$25.20
50-Day Range: $18.30
▼
$25.17
52-Week Range: $18.29
▼
$31.29

Volume: 1.47 million shs
Average Volume: 1.79 million shs
Market Capitalization: $2.10 billion

P/E Ratio: 28.28
Dividend Yield: N/A
Price Target: $27.38

Six Flags Entertainment MarketRank™ Stock Analysis

Analyst Rating: Hold
2.42 Rating Score
Upside/Downside: 8.8% Upside
$27.38 Price Target
Short Interest: Healthy
7.06% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.40
Upright™ Environmental Score
News Sentiment: 0.90
Based on 3 Articles This Week
Insider Trading: Selling Shares
$284,354 Sold Last Quarter
Proj. Earnings Growth: 93.00%
From $1.00 to $1.93 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Consumer Discretionary Sector

81st out of 264 stocks

Miscellaneous Amusement & Recreation Services Industry

8th out of 16 stocks

2.2

Analyst's Opinion

Consensus Rating
Six Flags Entertainment has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 7 buy ratings, 3 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $27.38, Six Flags Entertainment has a forecasted upside of 8.8% from its current price of $25.17.
Amount of Analyst Coverage
Six Flags Entertainment has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
7.06% of the float of Six Flags Entertainment has been sold short.
Short Interest Ratio / Days to Cover
Six Flags Entertainment has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Six Flags Entertainment has recently decreased by 22.47%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Six Flags Entertainment does not currently pay a dividend.
Dividend Growth
Six Flags Entertainment does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Six Flags Entertainment is 112.36%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Six Flags Entertainment will have a dividend payout ratio of 51.81% next year. This indicates that Six Flags Entertainment will be able to sustain or increase its dividend.

2.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Six Flags Entertainment has received a 20.67% net impact score from Upright. The largest positive contribution comes from its "Meaning & joy" impact, which is mostly driven by its "Amusement park services", "Waterpark services", and "Retail of snacks" products. See details.
Environmental Sustainability
The Environmental Impact score for Six Flags Entertainment is -2.40.

3.3

News and Social Media Coverage

News Sentiment
Six Flags Entertainment has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Six Flags Entertainment this week, compared to 10 articles on an average week.
Search Interest
10 people have searched for SIX on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
MarketBeat Follows
2 people have added Six Flags Entertainment to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Six Flags Entertainment insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $284,354.00 in company stock.
Percentage Held by Insiders
Only 0.49% of the stock of Six Flags Entertainment is held by insiders.
Percentage Held by Institutions
99.03% of the stock of Six Flags Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Six Flags Entertainment are expected to grow by 93.00% in the coming year, from $1.00 to $1.93 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Six Flags Entertainment is 28.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Six Flags Entertainment is 28.28, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.70.

See Top Rated MarketRank™ Stocks Here

About Six Flags Entertainment Stock (NYSE:SIX)

Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company also sells food, beverages, merchandise, and other products and services within its parks. It operates parks in the United States, Mexico, and Canada. The company was formerly known as Six Flags, Inc. and changed its name to Six Flags Entertainment Corporation in April 2010. Six Flags Entertainment Corporation was founded in 1961 and is based in Arlington, Texas.

SIX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SIX Stock News Headlines

December 1, 2023 | msn.com

Wild holiday celebration at Six Flags Discovery Kingdom

November 30, 2023 | americanbankingnews.com

Six Flags Entertainment (NYSE:SIX) Coverage Initiated by Analysts at StockNews.com

December 3, 2023 | DTI Trader (Ad)

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November 25, 2023 | msn.com

Amazon's 'Just Walk Out' technology makes its way to Six Flags, other retailers

November 24, 2023 | sfgate.com

Six Flags Discovery Kingdom's Holiday In The Park Festivities Start Friday

November 23, 2023 | americanbankingnews.com

Stifel Nicolaus Raises Six Flags Entertainment (NYSE:SIX) Price Target to $32.00

November 22, 2023 | msn.com

Rosenblatt Downgrades Six Flags Entertainment (SIX)

November 22, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for Six Flags Entertainment

December 3, 2023 | DTI Trader (Ad)

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November 22, 2023 | msn.com

World’s tallest, fastest roller coaster is coming to a Six Flags theme park

November 21, 2023 | markets.businessinsider.com

Rosenblatt Downgrades Six Flags Entertainment: Here's What You Need To Know

November 20, 2023 | news.yahoo.com

Holiday at the Park event returns to Six Flags Magic Mountain

November 20, 2023 | finance.yahoo.com

Six Flags-Cedar Fair merger offers 'stable operating model'

November 20, 2023 | ca.investing.com

Six Flags Entertainment and Cedar Fair merger 'materially increases value for SIX holders' - Jefferies

November 20, 2023 | markets.businessinsider.com

Six Flags Entertainment To Rally Around 35%? Here Are 10 Top Analyst Forecasts For Monday

November 20, 2023 | msn.com

Six Flags lands buy rating from Jefferies on merger upside

November 17, 2023 | msn.com

Arlington hopes to have air taxis flying into entertainment district by 2026 World Cup

November 17, 2023 | businesswire.com

Six Flags Magic Mountain Dazzles Southern California During Holiday in the Park

November 16, 2023 | benzinga.com

Six Flags Magic Mountain Dazzles Southern California During Holiday in the Park®

November 13, 2023 | bizjournals.com

SeaWorld could feel some Texas heat after Six Flags merger

November 9, 2023 | news.yahoo.com

Six Flags Kings Island? Here's whether the park will change its name after merger

November 6, 2023 | markets.businessinsider.com

What 13 Analyst Ratings Have To Say About Six Flags Entertainment

November 6, 2023 | finance.yahoo.com

Six Flags' pact with Cedar Fair; Disney's Hulu buy: 4 big deal reports

November 5, 2023 | msn.com

What the Six Flags-Cedar Fair merger means for Calif. theme parks, according to experts

November 4, 2023 | msn.com

What will Six Flags' merger mean for OKC's Frontier City, which it operates? What we know

November 3, 2023 | bizjournals.com

Cedar Fair, Six Flags CEOs explain why now is the right time for a merger

November 3, 2023 | seekingalpha.com

Six Flags And Cedar Fair Decide To Ride Together

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 12/03/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous amusement & recreation services
Sub-Industry: Leisure Facilities
Sector: Consumer Discretionary
Current Symbol: NYSE:SIX
CUSIP: 83001A10
CIK: 701374
Web: www.sixflags.com
Phone: (972) 595-5000
Fax: 212-354-3089
Employees: 1,450
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $27.38
High Stock Price Target: $35.00
Low Stock Price Target: $16.00
Potential Upside/Downside: +8.8%
Consensus Rating: Hold
Rating Score (0-4): 2.42
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.89
Trailing P/E Ratio: 28.28
Forward P/E Ratio: 25.17
P/E Growth: N/A
Net Income: $108.93 million
Net Margins: 5.29%
Pretax Margin: 11.31%
Return on Equity: -9.18%
Return on Assets: 3.28%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.49
Quick Ratio: 0.42

Sales & Book Value

Annual Sales: $1.28 billion
Price / Sales: 1.65
Cash Flow: $3.17 per share
Price / Cash Flow: 7.95
Book Value: ($10.53) per share
Price / Book: -2.39

Miscellaneous

Outstanding Shares: 83,537,000
Free Float: 83,128,000
Market Cap: $2.10 billion
Optionable: Optionable
Beta: 2.12

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Key Executives

Mr. Selim A. Bassoul (Age 66)
CEO, President & Executive Director
Comp: $1.89M
Mr. Gary Mick (Age 61)
Executive VP, CFO & Interim Controller
Comp: $437.25k
Mr. Jason Freeman (Age 56)
Vice President of Operations, Public Safety, Maintenance & Engineering
Mr. Derek Sample (Age 36)
VP & Chief Accounting Officer
Ms. Edithann Ramey (Age 50)
Chief Marketing Officer
Mr. Omar Jacques Omran (Age 31)
Chief Digital Officer
Richard Douaihy
Park President of Six Flags Over Texas & Hurricane Harbor Arlington

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SIX Stock Analysis - Frequently Asked Questions

Should I buy or sell Six Flags Entertainment stock right now?: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Six Flags Entertainment in the last year. There are currently 2 sell ratings, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SIX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SIX, but not buy additional shares or sell existing shares.
View SIX analyst ratings or view top-rated stocks.
What is Six Flags Entertainment's stock price target for 2024?: 12 brokers have issued 1-year price objectives for Six Flags Entertainment's shares. Their SIX share price targets range from $16.00 to $35.00. On average, they predict the company's share price to reach $27.38 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price.
View analysts price targets for SIX or view top-rated stocks among Wall Street analysts.
How have SIX shares performed in 2023?: Six Flags Entertainment's stock was trading at $23.25 at the beginning of the year. Since then, SIX stock has increased by 8.3% and is now trading at $25.17.
View the best growth stocks for 2023 here.
Are investors shorting Six Flags Entertainment?: Six Flags Entertainment saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 5,830,000 shares, a drop of 22.5% from the October 31st total of 7,520,000 shares. Based on an average daily volume of 2,110,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 7.1% of the shares of the stock are sold short.
View Six Flags Entertainment's Short Interest.
When is Six Flags Entertainment's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024.
View our SIX earnings forecast.
How were Six Flags Entertainment's earnings last quarter?: Six Flags Entertainment Co. (NYSE:SIX) issued its quarterly earnings results on Thursday, November, 2nd. The company reported $1.32 EPS for the quarter, missing analysts' consensus estimates of $1.44 by $0.12. The firm had revenue of $547.46 million for the quarter, compared to analyst estimates of $538.76 million. Six Flags Entertainment had a negative trailing twelve-month return on equity of 9.18% and a net margin of 5.29%.

Is Six Flags Entertainment a good dividend stock?: Six Flags Entertainment (NYSE:SIX) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 112.36%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, SIX will have a dividend payout ratio of 51.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SIX.
What ETFs hold Six Flags Entertainment's stock?: ETFs with the largest weight of Six Flags Entertainment (NYSE:SIX) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG).SPDR S&P 600 Small Cap ETF (SLY).
What is Michael Spanos' approval rating as Six Flags Entertainment's CEO?: 81 employees have rated Six Flags Entertainment Chief Executive Officer Michael Spanos on Glassdoor.com. Michael Spanos has an approval rating of 83% among the company's employees.
What other stocks do shareholders of Six Flags Entertainment own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Six Flags Entertainment investors own include AT&T (T), Alibaba Group (BABA), Cisco Systems (CSCO), Walt Disney (DIS), AbbVie (ABBV), Cedar Fair (FUN), Carnival Co. & (CCL), Tesla (TSLA), Verizon Communications (VZ) and Boeing (BA).
Who are Six Flags Entertainment's major shareholders?: Six Flags Entertainment's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Rush Island Management LP (4.15%), Cooper Creek Partners Management LLC (3.94%), JPMorgan Chase & Co. (2.10%), Clearbridge Investments LLC (1.73%), Land & Buildings Investment Management LLC (1.66%) and Charles Schwab Investment Management Inc. (1.45%). Insiders that own company stock include Aimee Williams-Ramey, Arik W Ruchim, Gary Mick, Holly Paul, Kurt Matthew Cellar, Rehan Jaffer, Selim A Bassoul and Wilson Taylor Brooks.
View institutional ownership trends.
How do I buy shares of Six Flags Entertainment?: Shares of SIX 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.
Compare Top Brokerages Here.

This page (NYSE:SIX) was last updated on 12/3/2023 by MarketBeat.com Staff

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