Analysts predict that Six Flags Entertainment Corp (NYSE:SIX) will announce earnings of $0.12 per share for the current quarter, according to Zacks. Nine analysts have made estimates for Six Flags Entertainment’s earnings, with estimates ranging from $0.06 to $0.20. Six Flags Entertainment reported earnings of $0.02 per share during the same quarter last year, which would indicate a positive year over year growth rate of 500%. The business is scheduled to report its next earnings results on Wednesday, February 28th.

On average, analysts expect that Six Flags Entertainment will report full-year earnings of $2.14 per share for the current fiscal year, with EPS estimates ranging from $2.06 to $2.20. For the next financial year, analysts expect that the business will post earnings of $2.29 per share, with EPS estimates ranging from $1.76 to $2.61. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover Six Flags Entertainment.

Six Flags Entertainment (NYSE:SIX) last released its quarterly earnings results on Wednesday, October 25th. The company reported $2.11 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.31. Six Flags Entertainment had a net margin of 13.24% and a negative return on equity of 47.41%. The firm had revenue of $580.40 million during the quarter, compared to analysts’ expectations of $583.59 million. During the same period in the previous year, the company earned $1.09 EPS. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year.

A number of equities analysts recently commented on SIX shares. TheStreet raised shares of Six Flags Entertainment from a “c+” rating to a “b-” rating in a research note on Wednesday, October 25th. FBR & Co reaffirmed a “buy” rating on shares of Six Flags Entertainment in a research note on Wednesday, October 25th. Stifel Nicolaus reaffirmed a “buy” rating and set a $72.00 price target on shares of Six Flags Entertainment in a research note on Thursday, October 12th. SunTrust Banks reaffirmed a “buy” rating and set a $70.00 price target on shares of Six Flags Entertainment in a research note on Friday, October 27th. Finally, Hilliard Lyons raised shares of Six Flags Entertainment from a “neutral” rating to a “buy” rating and set a $59.00 price target for the company in a research note on Wednesday, August 30th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. Six Flags Entertainment has an average rating of “Buy” and a consensus price target of $66.78.

In other Six Flags Entertainment news, Chairman James Reid-Anderson sold 78,614 shares of the business’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $66.32, for a total value of $5,213,680.48. Following the completion of the sale, the chairman now directly owns 3,520,146 shares of the company’s stock, valued at approximately $233,456,082.72. The transaction was disclosed in a filing with the SEC, which is available through this link. Over the last three months, insiders sold 281,085 shares of company stock valued at $18,702,788. 6.90% of the stock is owned by corporate insiders.

Several large investors have recently bought and sold shares of SIX. Janus Henderson Group PLC raised its holdings in shares of Six Flags Entertainment by 985.4% in the 2nd quarter. Janus Henderson Group PLC now owns 3,393,204 shares of the company’s stock valued at $202,268,000 after purchasing an additional 3,080,574 shares in the last quarter. Thrivent Financial For Lutherans raised its holdings in shares of Six Flags Entertainment by 542.2% in the 2nd quarter. Thrivent Financial For Lutherans now owns 783,720 shares of the company’s stock valued at $46,718,000 after purchasing an additional 661,690 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Six Flags Entertainment by 75.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,411,729 shares of the company’s stock valued at $86,030,000 after purchasing an additional 605,027 shares in the last quarter. Davidson Kempner Capital Management LP raised its holdings in shares of Six Flags Entertainment by 438.3% in the 2nd quarter. Davidson Kempner Capital Management LP now owns 740,223 shares of the company’s stock valued at $44,125,000 after purchasing an additional 602,723 shares in the last quarter. Finally, Cramer Rosenthal Mcglynn LLC bought a new stake in shares of Six Flags Entertainment in the 2nd quarter valued at about $35,168,000. Institutional investors and hedge funds own 99.45% of the company’s stock.

Six Flags Entertainment (NYSE:SIX) traded down $0.25 during mid-day trading on Thursday, hitting $67.33. 367,900 shares of the company were exchanged, compared to its average volume of 1,066,976. Six Flags Entertainment has a 52-week low of $51.25 and a 52-week high of $67.93. The company has a debt-to-equity ratio of -3.53, a quick ratio of 0.71 and a current ratio of 0.80. The stock has a market cap of $5,660.00, a PE ratio of 32.22, a PEG ratio of 3.95 and a beta of 1.18.

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Thursday, November 30th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.16%. This is a boost from Six Flags Entertainment’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend was Wednesday, November 29th. Six Flags Entertainment’s payout ratio is 133.97%.

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Six Flags Entertainment Company Profile

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.

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Earnings History and Estimates for Six Flags Entertainment (NYSE:SIX)

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