Six Flags is a well-established theme park company with a long history of growth and innovation.
The company was founded in 1961 by Angus Wynne in Dallas, Texas.
Six Flags operates over 20 theme and water parks across North America, making it one of the largest theme park companies in the world.
Its parks attract millions of visitors each year, generating significant revenue from ticket sales, food, and merchandise.
On a similar theme: Flags Close
Company News
Six Flags Entertainment Corporation is now the largest theme park operator in North America following its merger with Cedar Fair Entertainment Company. This merger brings together the strengths of both companies, combining Cedar Fair's reputation for delivering exceptional experiences with Six Flags' extensive portfolio of parks.
The merger was completed on Monday, creating a company valued at $8 billion. This significant move in the amusement park industry is expected to unlock $200 million in synergies, as noted by Jefferies analyst David Katz, who initiated coverage on Six Flags with a Buy rating and a price target of $59.00.
The combined company will operate under the name Six Flags Entertainment Corporation, with Cedar Fair's reputation for delivering exceptional experiences now part of the larger entity. Six Flags called this merger "the largest and most diverse amusement park operator in North America".
Analyst Insights
Analysts are overwhelmingly bullish on Six Flags stock, with an average rating of "Strong Buy" from 14 analysts.
The average 12-month stock price forecast is $56.21, representing a 23.97% increase from the latest price.
Analysts are also optimistic about the company's future revenue, with an average estimate of $3,594 USD for 2026, a 4.35% increase from the estimated 2025 revenue of $3,424 USD.
Here's a breakdown of the average analyst estimates for 2025 and 2026:
Analysts are predicting a significant increase in the company's earnings per share (EPS) in 2026, with an average estimate of $3.47 USD, a 44.3% increase from the estimated 2025 EPS of $2.41 USD.
Shareholder Information
As a shareholder of Six Flags, it's essential to stay informed about the company's financial performance and operations. Six Flags is a leading regional theme park operator with a diverse portfolio of parks across North America.
The company's stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol SIX. This provides investors with a convenient and accessible way to buy and sell shares.
To stay up-to-date with the latest news and announcements, shareholders can visit the company's investor relations website, which is regularly updated with financial reports, earnings releases, and other important information.
Related reading: Canaccord Financial Stock
Dividend Calendar
Six Flags Entertainment Corporation has a dividend history that dates back to 2009, with the first recorded dividend payment of $1.23 per share in that year.
The corporation typically pays dividends on a quarterly basis, with the exact date varying from year to year. For example, in 2023, the dividend payment was $1.20 per share.
Here's a breakdown of the dividend payments made by Six Flags Entertainment Corporation over the years:
The yield on the dividend payments has varied significantly over the years, ranging from 0.00% in 2021 to 10.78% in 2009.
Shareholder Returns
As a shareholder, it's essential to understand the performance of your investment over different time periods. Let's take a look at the 7-day and 1-year returns for FUN, a company in the US Hospitality industry.
FUN's 7-day return was 2.0%, which is significantly higher than the US Market's return of -0.05% over the same period.
The 1-year return for FUN was 13.1%, which may seem impressive, but it's actually lower than the returns achieved by the US Hospitality industry and the US Market.
Broaden your view: What Is Market Value in Stocks
Here's a summary of the returns for FUN, the US Hospitality industry, and the US Market over the past 7 days and 1 year:
As you can see, FUN underperformed the US Hospitality industry and the US Market over the past year, with returns of 13.1%, 20.6%, and 22.7%, respectively.
Frequently Asked Questions
How much is 6 flags worth?
The combined company of Six Flags and Cedar Fair has a net worth of $8 billion. This valuation reflects the merger's creation of a large and diverse portfolio of amusement parks, water parks, and resort properties.
Is FUN stock a good buy?
According to analyst ratings, FUN stock has a Moderate Buy consensus, indicating a neutral outlook. However, individual results may vary, and further research is recommended to make an informed investment decision.
What happened to my Six Flags stock?
Your Six Flags stock is now trading under the new ticker symbol "FUN" on the NYSE, effective July 2, 2024. You can continue to trade your shares under this new symbol.
Featured Images: pexels.com