FUN - Cedar Fair, L.P.
55.12 0.00 (0.00%)
After hours: 4:17PM EDT
| Previous Close | 55.67 |
| Open | 55.23 |
| Bid | 55.00 x 900 |
| Ask | 56.20 x 800 |
| Day's Range | 54.88 - 55.89 |
| 52 Week Range | 45.58 - 57.98 |
| Volume | 250,536 |
| Avg. Volume | 322,606 |
| Market Cap | 3.12B |
| Beta (3Y Monthly) | 0.66 |
| PE Ratio (TTM) | 18.40 |
| EPS (TTM) | 3.00 |
| Earnings Date | Oct 28, 2019 - Nov 1, 2019 |
| Forward Dividend & Yield | 3.70 (6.65%) |
| Ex-Dividend Date | 2019-09-03 |
| 1y Target Est | 62.00 |
- GlobeNewswire
ValleySCARE Returns this Saturday with Fresh Frights
The Twin Cities’ largest Halloween attraction, ValleySCARE, will begin terrifying guests on Saturday, September 21, 2019. ValleySCARE takes place on select nights through October 27, 2019. Halloween Haunt offers six haunted mazes, each with its own frightening theme in a standalone experience, plus four scare zones, where guests encounter midways that have been completely transformed with ghoulish monsters and rampant scares.
- Zacks
Leisure & Recreation Services Industry Prospects Look Dim
Leisure & Recreation Services Industry Prospects Look Dim
- Zacks
Moving Average Crossover Alert: Cedar Fair
Cedar Fair is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
- Zacks
Top Ranked Income Stocks to Buy for September 16th
Top Ranked Income Stocks to Buy for September 16th
- Zacks
Looking for a Growth Stock? 3 Reasons Why Cedar Fair, L.P. (FUN) is a Solid Choice
Cedar Fair, L.P. (FUN) could produce exceptional returns because of its solid growth attributes.
- Business Wire
Cedar Fair Recipient of Multiple 2019 Golden Ticket Awards
Cedar Fair Entertainment Company (FUN), a leader in regional amusement parks, water parks and immersive entertainment, received four top honors in Amusement Today’s annual Golden Ticket Awards (GTA). For an unprecedented 22 years in a row, Schlitterbahn Waterpark in New Braunfels, Texas has been recognized as the “World’s Best Water Park,” and for the fourth year in a row, the much-desired “Best Steel Coaster” award was given to giga coaster, Fury 325 at Carowinds in Charlotte, North Carolina.
- American City Business Journals
Schlitterbahn deal exceeding expectations, new Ohio owner says
The New Braunfels and Galveston water parks have contributed to record revenue and a big spike in turnstile counts.
- TheStreet.com
Summer Lovin' Was a Blast, Is the FUN Over?
Dividend investors should be rather comfortable with Cedar Fair's dividend prospects over the coming year.
- Benzinga
Cramer's Battle Of Amusement Park Stocks: Cedar Fair Vs. Six Flags
CNBC's Jim Cramer has a growing portfolio of acronyms, with the latest being "AHY," or accidentally high yields. Two "AHY" stocks that investors may want to take a look at are the amusement companies Cedar Fair, L.P. (NYSE: FUN) and Six Flags Entertainment Corp (NYSE: SIX), Cramer said during his daily "Mad Money" show Monday. Six Flags is the largest theme park operator in the world, mostly in the U.S. but with some international exposure, including in Montreal, Canada.
- TheStreet.com
Six Flags or Cedar Fair: Which Stock Will Provide a Better Ride for Investors?
Both names have been posting solid earnings that makes their bountiful dividend yields very attractive.
- Thomson Reuters StreetEvents
Edited Transcript of FUN earnings conference call or presentation 7-Aug-19 2:00pm GMT
Q2 2019 Cedar Fair LP Earnings Call
- American City Business Journals
VIDEO: Here's a look at Carowinds' new attraction, festival coming in 2020
The park announced a new water-slide feature to open in its waterpark and the start of a Mardi Gras-style festival and street party, complete with tossed beads, for its 2020 season.
- GlobeNewswire
Knott’s Berry Farm Celebrates Its 100th Anniversary With Grand Summer-Long Celebration
In 2020, Knott’s Berry Farm will present “A Knott’s Family Reunion,“ a summer-long event paying tribute to the Knott family’s transcendent history by celebrating the last 100 years of memories in the making. The Knott family’s American dream began in the berry fields of Buena Park from a curbside berry stand in 1920 and grew into the world-renowned theme park it is today. What started with a humble farm evolved into a premier destination that has come to witness 100 years of historical and timeless memories shared among friends, neighbors and families from around the world. To commemorate Knott’s Berry Farm’s milestone anniversary, the park will present “A Knott’s Family Reunion,” a summer-long event paying tribute to Knott’s history and legacy of family fun. Guests will be immersed in a once-in-a-lifetime celebration featuring festive park décor, themed food items, unique entertainment, exclusive merchandise and special surprises along the way, all paying homage to the nostalgia that surrounds the historic theme park.
- GlobeNewswire
Valleyfair Announces Its Largest Ever Event: Grand Carnivale - Coming in 2020
“We are excited to produce this new immersive event on a scale that Valleyfair guests have never seen before,” said Raul Rehnborg, Valleyfair’s general manager. Grand Carnivale is Valleyfair’s largest-ever event and entertainment line-up that features 150 costumed performers and seven massive, Marti Gras-inspired multicolor floats.
- GlobeNewswire
New Multi-level Interactive Water Park Attraction coming to Dorney Park & Wildwater Kingdom in 2020
Allentown, Pennsylvania, Aug. 15, 2019 -- Dorney Park & Wildwater Kingdom will be making waves in its water park when the new beach-themed multi-level play structure,.
- GlobeNewswire
NEW MAT RACING WATER SLIDE ATTRACTION, “GRAND CARNIVALE” INTERNATIONAL FESTIVAL COMING TO CAROWINDS IN 2020
Longest mat racing water slide in the Southeast plus addition of highly immersive nighttime summer festival enhance and expand the guest experience. Charlotte, NC, Aug. 15, 2019 (GLOBE NEWSWIRE) -- World-class water slide racing is coming to Carowinds in 2020 when Boogie Board Racer, the longest mat racing slide in the Southeast, debuts next summer at Carolina Harbor waterpark. On Boogie Board Racer, guests will ascend to nearly 60 feet, grab a mat, and choose one of six lanes where they’ll wait for the green light to begin an exhilarating competitive ride.
- GlobeNewswire
Canada’s Wonderland announces exhilarating cliff jumping water park attraction and kids’ airplane ride for 2020
Canada’s Wonderland is taking guest adventures to new heights in 2020 with the addition of a multi-level cliff jumping attraction in the water park and an exciting airplane ride for children in Planet Snoopy. Adventure awaits at Mountain Bay Cliffs, situated high above the landscape of Splash Works water park. Guests can experience the exhilaration of cliff jumping from a variety of heights into the water below, with the ultimate challenge of conquering the highest peak at seven-and-a-half metres (25 feet).
- Motley Fool
Visitors Spend More; Cedar Fair Earnings Rise
Recent acquisitions should help to fuel the amusement park operator's growth.
- GlobeNewswire
California’s Great America Makes Waves with Completely Transformed Waterpark, “South Bay Shores”
Northern California’s premiere amusement park is getting bigger and better in summer 2020, when California’s Great America debuts the new South Bay Shores waterpark. Guests will be immersed in a completely transformed waterpark experience featuring seven new water attractions including four drop slides, two tube slides, and a new lagoon area. Guests will also enjoy new and upgraded food and merchandise locations, upgraded cabanas and a sandy beach play area – all richly themed to reflect the excitement and fun of the Northern California coast and South Bay regions.
- InvestorPlace
7 Winning High-Yield Dividend Stocks With Payouts Over 5%
Editor's note: This story was previously published in May 2019. It has since been updated and republished.Google the question "What's considered a high dividend yield?" and you get more than 65 million results. That's because many investors are on the hunt for dividend stocks to buy that not only appreciate over time but also pay a high dividend. So what is a high-dividend yield stock? One that pays 1%? 3%? 5%? The truth is there is no strict rule. InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf you are interested in high-yield dividend stocks, it's better to focus on a company's history of growing its dividend rather than just looking for the juiciest dividend yields. That's because dividend yields are often high due to some problem with the business that's knocked its share price lower. * 7 A-Rated Stocks Under $10 That said, if you can find a group of stocks that yield 5% and have demonstrated the ability to grow the annual payment over a decent amount of time, double-digit total returns won't be nearly as difficult to achieve.The trick is finding those stocks. Here are seven high-yield dividend stocks to buy with a payout of 5% or more that I believe can get the job done. BP (BP)The integrated oil and gas company has come a long way since the Deepwater Horizon oil spill in 2010. BP (NYSE:BP) currently yields 6.55%. It has paid a quarterly dividend for 34 consecutive quarters starting with a 42-cent payment in Q4 2010.Source: Shutterstock For 15 quarters between Q3 2014 and Q1 2018, it paid a 60-cent quarterly dividend, opting to retain more of its cash flow. With the September 2018 payment, BP increased its quarterly dividend to $0.6150 and has continued that right into 2019. In the past I have given InvestorPlace readers five reasons to own BP stock. Included in the mix was the company's projection that its free cash flow would grow from $1.8 billion to $24 billion by 2021. That projection was based on a $55 barrel of oil. In fiscal 2018, BP finished the year with $7.8 billion in free cash flow. It now expects to generate between $14-15 billion in free cash flow by 2021, down from its earlier projections, but much higher than where it was in fiscal 2016. It expects to achieve its free cash flow projection for 2021 by adding approximately 900,000 barrels of oil equivalent per day with many of the 16 projects required to add this capacity already underway. Icahn Enterprises (IEP)Love him or hate him, Carl Icahn sure knows how to make money for his investors, and Icahn Enterprises (NYSE:IEP) is next on our list of high-yield dividend stocks.Source: Steve Pisano via FlickrOver the past 15 years, IEP's annualized total return was 14.8% with approximately 43% of those gains from dividends. Currently yielding just under 11%, IEP increased its quarterly distribution to $2 a share.In 2018, Icahn's investment fund made 7.8% on the year, when most hedge funds lost money and the S&P 500 was also down. Although Icahn is in his 80s, he's still able to jump on the latest trends. * 10 Stocks to Buy on the Trade War Dip He might appear grumpy at times, but who cares when he delivers for shareholders. Brookfield Property Partners (BPY)Brookfield Property Partners (NASDAQ:BPY) invests in real estate. Whether we're talking office, retail, multi-family residential, self-storage, student housing, you name it, if there's money to be made, BPY is in the mix.Source: Shutterstock BPY acquired a 100% leasehold interest in 666 Fifth Avenue in New York in August 2018. The property, bought at the height of the real estate market, was Jared Kushner's money pit. He paid $1.8 billion for it. BPY took it off his hands for $1.3 billion. It plans to redevelop the building to bring up the rents and then hang on to it until the property is worth significantly more than the price Brookfield paid for it. Over the last five years, this high-yield dividend stock has completely reshaped its business, taking five publicly traded companies private, a move that kept a lid on its share price. As a result, the company's board's approved a $500 million substantial issuer bid to buy back its shares at prices between $19 and $21.AThe company offers a current yield of 6.9%. BPY is also affiliated with Brookfield Asset Management (NYSE:BAM), which owns 52% of the company. You could do a lot worse when it comes to high-yield dividend stocks. Cedar Fair (FUN)Who can resist a stock with the symbol FUN? Cedar Fair (NYSE:FUN) has been providing fun for kids and adults alike since 1870. Source: Jeremy Thompson via Flickr (Modified)It hasn't been a public company for 148 years, though. It went public in 1987. And a $10,000 investment in its IPO would be worth approximately $875,000 today. Its first park was in Sandusky, Ohio. Since then it's added ten additional amusement parks, two outdoor water parks, one indoor water park, and four hotels. The entire system welcomes close to 26 million guests each year generating more than $1.3 billion in annual revenue. The average guest spends almost $48 visiting one of its amusement parks spread across North America. * 10 Cyclical Stocks to Buy (or Sell) Now Set up as a publicly traded partnership, Cedar Fair pays out most of its profits tax-free to its unitholders. Since going public, it's paid out more than $2.6 billion in distributions to unitholders.Cedar Fair might not grow its revenues by double digits but its current yield of 7.18% more than makes up for its lack of growth, making it one of the best high-yield dividend stocks to buy. BCE (BCE)BCE (NYSE:BCE) could best be described as a Canadian version of AT&T (NYSE:T).Source: BCE, Inc. Canada's largest communications company, BCE generates 53% of its annual revenue from its wireline business, which includes broadband, TV, and voice, 36% from wireless, and the remaining 11% from Bell Media. Its media business includes 30 TV stations, 30 specialty networks, four pay-TV channels, 109 radio stations, and more than 200 websites. BCE aims to pay out between 65%-75% of its free cash flow annually. In 2018, it paid out CAD$2.68 billion for dividends, 6.6% higher than a year earlier. It currently yields 5.18%, 140 basis points less than AT&T. However, its long-term debt is just CAD$19.8 billion, less than 10% of Randall Stephenson's baby.BCE continues to be a stock for widows and orphans -- in other words, one of the safest high-yield dividend stocks. Brookfield Renewable Partners (BEP)The second of two Brookfield picks, you might think I have a thing for the Brookfield group of companies; and, you'd be right. Brookfield Renewable Partners (NYSE:BEP) is the renewable energy arm of Brookfield Asset Management, who own 60% of the company. Source: Shutterstock Of the seven high-yield dividend stocks on this list, BEP has the most risk and reward of the bunch. On February 8, the company announced its Q4 results. On the top line, it had $3.0 billion in revenue, 13.6% higher than a year earlier. On the bottom line, it had $403 million in net income, almost eight times higher than in 2017. On a cash flow basis, its funds from operations (FFO) increased by 16.4% to $676 million. So, where's the risk, you might be asking? Well, renewable energy projects aren't cheap. * 10 Generation Z Stocks to Buy Long In 2018, Brookfield finished the year with $10.7 billion in corporate and non-recourse debt. That debt comes with $6.5 billion in interest payments over the life of the obligations, 61% of which is due within five years.That said, all Brookfield companies bring to the table a level of conservatism to their investment practices, ensuring that your 5.53% dividend is most certainly money in the bank. Ford (F)Ford (NYSE:F) is currently yielding 6.3%, a mouth-watering number for any dividend investor. However, as anyone who follows the car company, an investment in the Detroit-based business comes with more than its fair share of risk.One of the risks is the company's CEO, Jim Hackett. I'm sure he's a fine man, but I've said many times in the past that he's the wrong person for the job.I argue that someone along the lines of General Motors' (NYSE:GM) CEO Mary Barra is what is needed to revive Ford glory. Ford Executive Chairman Bill Ford feels I'm 100% wrong about Hackett."I think the ability to hold the now, the near and the far all together at one time is something you don't always see in executives. And Jim (Hackett) has that," Ford told Reuters on the sidelines of the CERAWeek energy conference in Houston. "We're changing a lot. And change is difficult."It sure is. That said, I do believe if you're going to buy a stock under $10, Ford is the one to buy because it's not going out of business anytime soon despite the lack of innovation. As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own The post 7 Winning High-Yield Dividend Stocks With Payouts Over 5% appeared first on InvestorPlace.
Motley FoolCedar Fair LP (FUN) Q2 2019 Earnings Call Transcript
FUN earnings call for the period ending June 30, 2019.
- Business Wire
Cedar Fair Announces 2019 Second-Quarter Results and Reports Record Performance for First Seven Months
SANDUSKY, Ohio-- -- Declares quarterly cash distribution of $0.925 per LP unit payable September 17, 2019 Cedar Fair Entertainment Company , a leader in regional amusement parks, water parks and immersive entertainment, today announced results for the second quarter ended June 30, 2019, and year-to-date performance trends through August 4, 2019. The Company also announced the declaration of a quarterly ...
- Benzinga
Q2 Earnings Outlook For Cedar Fair
On Wednesday, August 7, Cedar Fair (NYSE: FUN ) will release its latest earnings report. Check out Benzinga's preview to understand the implications. Earnings and Revenue Wall Street analysts see Cedar ...
- Motley Fool
Theme Parks Cash In on the Last Days of Summer
Disney, Comcast, and Cedar Fair are among the major park operators wrapping up what seems to be a mixed summer season.
- InvestorPlace
Disney Stock Probably Won’t Move Much on Q3 Earnings
Media giant Disney (NYSE:DIS) is set to report third-quarter numbers after the bell on Tuesday, August 6. And while bulls are hoping for another magical quarter to spark a big rally, the reality is that DIS stock likely won't budge much following this earnings report.In the big picture, the Q3 earnings report isn't all that important for Disney -- or Disney stock. First, this quarter will likely be more of the same -- strong box office and parks performance, weighed by persistent cord-cutting weakness. Nothing in the report will be jaw-dropping or eyebrow-raising. It will all be par for the course.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSecond, the entire Disney growth narrative is building towards the launch of Disney+ in late 2019. Investors likely won't trade DIS stock much ahead of that narrative changing catalyst. Instead, they'll hold through the bumps, wait for the catalyst to arrive, see how it plays out, and then DIS stock will start to make big moves again. * 3 Earnings Reports to Watch Next Week But, until then, investors should expected rather muted moves from Disney stock.As such, Q3 earnings project to largely be a non-event for DIS stock. Long term, this stock is going higher. But, until Disney+ launches, DIS stock will likely be stuck in neutral around the $130 to $150 range. Q3 Earnings Project To Be Very NormalDisney's Q3 earnings report will be very much like all of its previous earnings reports. The box office and parks businesses will be very strong, while the media business -- hampered by cord-cutting headwinds -- will remain depressed.On the box office side, Disney is absolutely dominating the box office this year. Not only is the company behind all of the top movies in 2019, but it's only August, and Disney has already set the record for global box office haul in a year. Further, Disney isn't done yet. New Frozen and Star Wars movies in the last few months of 2019 promise to boost Disney's box office numbers even more.On the parks side, Disney's parks business has long been a steady and stable grower, characterized by steady traffic growth, steady per capita spend growth, steady revenue growth, steady margin expansion, and steady profit growth. All of this steadiness appears to have persisted in the summer months. Peer theme park operators Sea World (NASDAQ:SEAS), Six Flags (NASDAQ:SIX), and Cedar Fair (NYSE:FUN) have all either hinted at or directly reported huge traffic growth this summer. The implication is that Disney parks were also very busy in the first part of summer 2019.The opening of the new Star-Wars themed land in Disneyland and upcoming opening in Disney World should also help DIS's park business through the rest of the year.Meanwhile, cord-cutting trends haven't let up recently. Nor will they any time soon. But Disney's media business has reported stabilizing results. Thus, this quarter's media numbers will likely be bad, but not awful -- which is on-par with what the company has reported over the past several quarters.All in all, the Q3 earnings report projects to be rather normal, and rather normal likely won't spark either a big rally or a big selloff in DIS stock. Disney+ Is What MattersZooming out, what really matters to the Disney growth narrative is Disney+. The launch of this service in November 2019 promises to be a game-changing catalyst for DIS stock. Either the service does really well, and Disney has found a solution to its cord-cutting woes through sustained big growth in the streaming market. Or the service doesn't do really well, and Disney's cord-cutting woes will persist.Either way, the Q3 print isn't terribly important to the big picture growth narrative here. Disney+ is. As such, until Disney+ launches, I don't think DIS stock will do much besides bounce between $130 and $150.I fully expect Disney+ to be a big hit. In short, the platform has enough content firepower to attract subscribers in bulk, and it has generated enough hype pre-launch to attract subscribers quickly. It's also cheap enough to gain mainstream traction. Net net, the launch of Disney+ during the 2019 holiday season will likely be a huge success. That huge success should shoot DIS stock to fresh all-time highs by the end of the year. Bottom Line on DIS StockDIS stock has healthy long-term growth potential here because the company is on the verge of a game-changing catalyst which will breathe life back into the company's core growth narrative. But ahead of that catalyst, the stock likely won't move much. Not even on an earnings report. * 10 Generation Z Stocks to Buy Long As such, Q3 earnings project to be a non-event in the big picture. But, if DIS stock drops on worse-than-expected numbers, that's probably a buying opportunity ahead of the launch of Disney+.As of this writing, Luke Lango was long DIS. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Generation Z Stocks to Buy Long * 5 Growth Stocks to Buy After the Rate Cut * 5 Dependable Dividend ETFs to Invest In The post Disney Stock Probably Won't Move Much on Q3 Earnings appeared first on InvestorPlace.
