Six Flags Entertainment (SIX) Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Six Flags Entertainment in the last year. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research 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.

12 equities research analysts have issued 1-year price targets for Six Flags Entertainment's stock. Their SIX share price forecasts range from $22.00 to $47.00. On average, they expect the company's share price to reach $30.00 in the next year. This suggests a possible upside of 29.1% from the stock's current price.
View analysts price targets for SIX or view top-rated stocks among Wall Street analysts.

Six Flags Entertainment's stock was trading at $23.25 at the beginning of 2023. Since then, SIX shares have decreased by 0.0% and is now trading at $23.24.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our SIX earnings forecast.

Six Flags Entertainment Co. (NYSE:SIX) posted its earnings results on Thursday, August, 10th. The company reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by $0.53. The firm had revenue of $443.71 million for the quarter, compared to analyst estimates of $465.25 million. Six Flags Entertainment had a net margin of 5.83% and a negative trailing twelve-month return on equity of 9.50%. The business's revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business posted $0.69 EPS.

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).

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 104.17%. 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 47.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SIX.

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.

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).

Six Flags Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "SIX."

Six Flags Entertainment's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.96%), Thunderbird Partners LLP (4.83%), Rush Island Management LP (3.36%), State Street Corp (3.25%), Jericho Capital Asset Management L.P. (3.18%) and JPMorgan Chase & Co. (2.34%). Insiders that own company stock include Aimee Williams-Ramey, Arik W Ruchim, Gary Mick, Holly Paul, Kurt Matthew Cellar, Mike Spanos, Rehan Jaffer, Selim A Bassoul and Wilson Taylor Brooks.
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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.
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One share of SIX stock can currently be purchased for approximately $23.24.

Six Flags Entertainment (NYSE:SIX) has a market capitalization of $1.94 billion and generates $1.37 billion in revenue each year. The company earns $108.93 million in net income (profit) each year or $0.96 on an earnings per share basis.

The company employs 1,450 workers across the globe.

Six Flags Entertainment's mailing address is 1000 BALLPARK WAY SUITE 400, ARLINGTON TX, 76011. The official website for the company is www.sixflags.com. The company can be reached via phone at (972) 595-5000, via email at spurtell@sftp.com, or via fax at 212-354-3089.