Six Flags Entertainment Corp (SIX) Declares Quarterly Dividend of $0.47
Six Flags Entertainment Corp (NYSE:SIX) declared a quarterly dividend on Wednesday, August 20th, AnalystRatingsNetwork reports. Shareholders of record on Wednesday, September 3rd will be given a dividend of 0.47 per share on Monday, September 15th. This represents a $1.88 dividend on an annualized basis and a yield of 4.96%.
A number of research firms have recently commented on SIX. Analysts at Goldman Sachs reiterated a “positive” rating on shares of Six Flags Entertainment Corp in a research note on Monday, June 23rd. Analysts at Credit Suisse raised their price target on shares of Six Flags Entertainment Corp from $47.00 to $49.00 in a research note on Friday, June 20th. They now have an “outperform” rating on the stock.
Shares of Six Flags Entertainment Corp (NYSE:SIX) opened at 37.92 on Wednesday. Six Flags Entertainment Corp has a 52-week low of $31.86 and a 52-week high of $43.19. The stock’s 50-day moving average is $39.3 and its 200-day moving average is $40.0. The company has a market cap of $3.613 billion and a P/E ratio of 27.38.
Six Flags Entertainment Corp (NYSE:SIX) last released its earnings data on Monday, July 21st. The company reported $1.03 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.65 by $0.38. The company had revenue of $376.60 million for the quarter, compared to the consensus estimate of $396.22 million. During the same quarter last year, the company posted $0.47 earnings per share. Six Flags Entertainment Corp’s revenue was up 3.5% compared to the same quarter last year. On average, analysts predict that Six Flags Entertainment Corp will post $1.45 earnings per share for the current fiscal year.
In other Six Flags Entertainment Corp news, SVP Walter Hawrylak sold 12,645 shares of the stock on the open market in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $36.82, for a total value of $465,588.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Six Flags Entertainment Corporation (NYSE:SIX), incorporated on December 09, 1997, owns and operates regional theme, water and zoological parks.
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