Six Flags Entertainment (SIX) to Release Earnings on Tuesday

Six Flags Entertainment (NYSE:SIX) is set to announce its earnings results before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.12 per share for the quarter.

Six Flags Entertainment (SIX) opened at $65.78 on Tuesday. The company has a current ratio of 0.80, a quick ratio of 0.71 and a debt-to-equity ratio of -3.53. The stock has a market cap of $5,510.00, a price-to-earnings ratio of 31.47, a price-to-earnings-growth ratio of 3.52 and a beta of 1.15. Six Flags Entertainment has a twelve month low of $51.25 and a twelve month high of $69.99.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 5th. Shareholders of record on Monday, February 19th will be issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a yield of 4.74%. This is an increase from Six Flags Entertainment’s previous quarterly dividend of $0.70. The ex-dividend date is Thursday, February 15th. Six Flags Entertainment’s dividend payout ratio (DPR) is presently 133.97%.

Several equities analysts have issued reports on SIX shares. Zacks Investment Research downgraded shares of Six Flags Entertainment from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. FBR & Co reaffirmed a “buy” rating on shares of Six Flags Entertainment in a report on Wednesday, October 25th. SunTrust Banks reaffirmed a “buy” rating and set a $70.00 price objective on shares of Six Flags Entertainment in a report on Friday, October 27th. TheStreet raised shares of Six Flags Entertainment from a “c+” rating to a “b-” rating in a report on Wednesday, October 25th. Finally, B. Riley reaffirmed a “buy” rating on shares of Six Flags Entertainment in a report on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company’s stock. Six Flags Entertainment has an average rating of “Buy” and a consensus price target of $68.10.

In other news, CEO James Reid-Anderson sold 50,931 shares of the firm’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $67.52, for a total value of $3,438,861.12. Following the transaction, the chief executive officer now directly owns 3,331,981 shares of the company’s stock, valued at $224,975,357.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last three months, insiders sold 240,131 shares of company stock worth $16,038,385. Insiders own 6.90% of the company’s stock.

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About Six Flags Entertainment

Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates in the theme parks segment. The Company operates approximately 19 regional theme and water parks. Its parks occupy approximately 4,500 acres of land. Its parks are located in geographically diverse markets across North America.

Earnings History for Six Flags Entertainment (NYSE:SIX)

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