Six Flags Entertainment Corp. (NYSE:SIX) has earned an average recommendation of “Buy” from the thirteen research firms that are currently covering the company. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $60.88.

SIX has been the topic of a number of research reports. B. Riley reiterated a “buy” rating and set a $65.00 target price on shares of Six Flags Entertainment Corp. in a research report on Tuesday, July 26th. Janney Montgomery Scott reissued a “buy” rating and set a $64.00 price target on shares of Six Flags Entertainment Corp. in a research note on Thursday, September 15th. Credit Suisse Group AG set a $67.00 price target on shares of Six Flags Entertainment Corp. and gave the stock a “buy” rating in a research note on Monday, September 12th. Hilliard Lyons initiated coverage on shares of Six Flags Entertainment Corp. in a research note on Tuesday, August 23rd. They set a “buy” rating for the company. Finally, TheStreet raised shares of Six Flags Entertainment Corp. from a “hold” rating to a “buy” rating in a research note on Wednesday, July 27th.

In other news, SVP Walter Hawrylak sold 22,883 shares of the stock in a transaction on Friday, August 26th. The shares were sold at an average price of $50.47, for a total transaction of $1,154,905.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Marshall Barber sold 6,424 shares of the stock in a transaction on Tuesday, November 8th. The stock was sold at an average price of $57.00, for a total transaction of $366,168.00. Following the sale, the chief financial officer now directly owns 88,036 shares of the company’s stock, valued at approximately $5,018,052. The disclosure for this sale can be found here. Insiders own 7.10% of the company’s stock.

Several large investors have recently modified their holdings of SIX. Weatherstone Capital Management increased its stake in shares of Six Flags Entertainment Corp. by 0.7% in the second quarter. Weatherstone Capital Management now owns 6,299 shares of the company’s stock valued at $365,000 after buying an additional 41 shares in the last quarter. Checchi Capital Advisers LLC boosted its position in shares of Six Flags Entertainment Corp. by 2.9% in the second quarter. Checchi Capital Advisers LLC now owns 1,971 shares of the company’s stock valued at $114,000 after buying an additional 56 shares during the last quarter. Utah Retirement Systems boosted its position in shares of Six Flags Entertainment Corp. by 0.8% in the second quarter. Utah Retirement Systems now owns 13,000 shares of the company’s stock valued at $753,000 after buying an additional 100 shares during the last quarter. Commerce Bank boosted its position in shares of Six Flags Entertainment Corp. by 2.3% in the third quarter. Commerce Bank now owns 4,500 shares of the company’s stock valued at $242,000 after buying an additional 100 shares during the last quarter. Finally, First Quadrant L P CA boosted its position in shares of Six Flags Entertainment Corp. by 4.7% in the second quarter. First Quadrant L P CA now owns 2,617 shares of the company’s stock valued at $152,000 after buying an additional 117 shares during the last quarter. 91.72% of the stock is owned by institutional investors.

Shares of Six Flags Entertainment Corp. (NYSE:SIX) traded up 0.188% during midday trading on Friday, hitting $56.055. 221,410 shares of the company’s stock were exchanged. The company has a 50-day moving average of $53.62 and a 200-day moving average of $54.99. Six Flags Entertainment Corp. has a 52 week low of $45.24 and a 52 week high of $62.69. The firm has a market cap of $5.16 billion, a price-to-earnings ratio of 45.610 and a beta of 1.17.

Six Flags Entertainment Corp. (NYSE:SIX) last announced its earnings results on Wednesday, October 26th. The company reported $1.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.65 by $0.56. Six Flags Entertainment Corp. had a negative return on equity of 297.44% and a net margin of 9.14%. The company had revenue of $558 million for the quarter, compared to analyst estimates of $586.44 million. During the same quarter in the previous year, the company posted $1.64 earnings per share. Six Flags Entertainment Corp.’s revenue for the quarter was down 3.1% on a year-over-year basis. Equities research analysts expect that Six Flags Entertainment Corp. will post $1.30 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 12th. Stockholders of record on Thursday, December 1st will be given a dividend of $0.64 per share. This is an increase from Six Flags Entertainment Corp.’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Tuesday, November 29th. This represents a $2.56 annualized dividend and a dividend yield of 4.58%. Six Flags Entertainment Corp.’s dividend payout ratio is currently 185.60%.

Six Flags Entertainment Corp. 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 20 regional theme and water parks. Its parks occupy approximately 4,500 acres of land, and it owns approximately 800 acres of other developable land.

5 Day Chart for NYSE:SIX

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