FUN - Cedar Fair, L.P.

NYSE - NYSE Delayed Price. Currency in USD
53.29
-0.52 (-0.97%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close53.81
Open53.57
Bid53.20 x 1200
Ask53.25 x 1400
Day's Range52.92 - 53.81
52 Week Range45.73 - 67.85
Volume99,492
Avg. Volume205,529
Market Cap3.014B
Beta (3Y Monthly)0.92
PE Ratio (TTM)23.90
EPS (TTM)2.23
Earnings DateMay 8, 2019
Forward Dividend & Yield3.70 (7.03%)
Ex-Dividend Date2019-03-08
1y Target Est61.11
Trade prices are not sourced from all markets
  • 5 Leisure Stocks Set to Beat Estimates This Earnings Season
    Zacks5 days ago

    5 Leisure Stocks Set to Beat Estimates This Earnings Season

    Increasing demand for leisure goods and services, and an increase in personal income are likely to contribute to Q1 earnings of leisure companies.

  • CNW Group5 days ago

    OTT Pay and Canada's Wonderland partner to offer guests new mobile payment options

    TORONTO , April 17, 2019 /CNW/ - OTT Pay is announcing a partnership with Canada's Wonderland to seamlessly connect the amusement park to Chinese consumers. "This partnership helps us accommodate the diversity of our guests and their preferred payment methods," said Norm Pirtovshek, Canada's Wonderland General Manager. In addition, Canada's Wonderland will also be among the first North American amusement and entertainment organizations to launch an official WeChat account and Alipay Discovery account.

  • GlobeNewswire12 days ago

    Cedar Fair and Feld Entertainment Enter New Partnership to Launch Monster Jam® Thunder Alley™ In-Park Experience in 2019

    Sandusky, Ohio, April 11, 2019 -- Cedar Fair Entertainment Company (NYSE: FUN), a leader in amusement parks, water parks and immersive entertainment, is partnering with Feld.

  • Richard A. Zimmerman, Cedar Fair President and Chief Executive Officer, Joins Board of Directors
    Business Wire12 days ago

    Richard A. Zimmerman, Cedar Fair President and Chief Executive Officer, Joins Board of Directors

    Cedar Fair (FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced that Richard A. Zimmerman, Cedar Fair’s president and chief executive officer, has been appointed to the Board of Directors of its general partner, Cedar Fair Management, Inc. Zimmerman will serve the remaining portion of Tom Klein’s term, which expires in 2020. Klein, a member of the Board since 2012, stepped down from the Board effective April 10, 2019, to focus on his new role as managing partner at Certares Management LLC, a leading investment and management company.

  • GlobeNewswire12 days ago

    Cedar Fair Announces Its 2019 First-Quarter Earnings Call

    Sandusky, OH, April 10, 2019 -- Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive.

  • RCL vs. FUN: Which Stock Should Value Investors Buy Now?
    Zacks14 days ago

    RCL vs. FUN: Which Stock Should Value Investors Buy Now?

    RCL vs. FUN: Which Stock Is the Better Value Option?

  • 3 Top Dividend Stocks With Yields Over 5%
    Motley Fool17 days ago

    3 Top Dividend Stocks With Yields Over 5%

    United Microelectronics, Royal Dutch Shell, and Cedar Fair offer high yields and potential high returns.

  • 3 Dividend Stocks That Pay You More Than Exxon Does
    Motley Fool21 days ago

    3 Dividend Stocks That Pay You More Than Exxon Does

    Looking for big yield outside of the energy sector? These three stocks could power your portfolio.

  • PR Newswire21 days ago

    FreedomPay Announces New DecisionPoint Network™ Partner, Cedar Fair, At Its Amusement Parks And Hotels

    FreedomPay's fast growing digital network is engaging consumers at the point of purchase across all major venues, including theme parks, stadiums, universities, lodging, retail, restaurants, airports PHILADELPHIA ...

  • 3 Top Stocks for Retirees
    Motley Fool23 days ago

    3 Top Stocks for Retirees

    Searching for yield? Then check out these outstanding businesses.

  • Business Wire27 days ago

    Cedar Fair to Acquire the Land Beneath California’s Great America in Santa Clara

    Cedar Fair Entertainment Company (FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced it has entered into an agreement to acquire the land upon which its California’s Great America amusement park is located for approximately $150 million. The Company has leased the land from the City of Santa Clara since the origin of the park in 1976. Cedar Fair President and CEO Richard A. Zimmerman said, “This is a once in a generation opportunity to solidify our control of 112 acres in the heart of Santa Clara.

  • GlobeNewswire28 days ago

    Experience Cedar Fair’s All-New Grand Carnivale at Select Parks this Summer

    Sandusky, Ohio, March 26, 2019 -- Cedar Fair Entertainment Company (NYSE: FUN), a leader in amusement parks, water parks and immersive entertainment, will present Grand.

  • American City Business Journalslast month

    PHOTOS: Carowinds prepares to double launch into 2019 season with new roller coaster, themed area

    Carowinds' media event ahead of the 2019 season was somewhat of a Throwback Thursday for the amusement park.

  • GlobeNewswirelast month

    Carowinds Introduces Copperhead Strike, the Carolinas’ First Double Launch Coaster

    Carowinds marks a turning point in its evolution as a destination amusement park this year, introducing Copperhead Strike, the Carolinas’ first double launch coaster, for the 2019 season. Copperhead Strike is the central element of Blue Ridge Junction, a new immersive, richly themed area inspired by the majestic beauty and easy-going culture of the Blue Ridge Mountains. The area also features the new Blue Ridge Country Kitchen restaurant and the Mountain Gliders, a returning fan favorite family ride.

  • InvestorPlacelast month

    7 Winning High-Yield Dividend Stocks With Payouts Over 5%

    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. If 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. InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat 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 10 Best Stocks to Buy for the Bull Market's Anniversary 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 5.8%. It has paid a quarterly dividend for 32 consecutive quarters starting with a 42-cent payment in Q4 2010. 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. In March 2017, I gave 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. I don't know if BP will hit its guidance. However, the 5.8% dividend yield will help you while wait to find out. 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. Year-to-date, IEP has a total return of 20%. Over the past 15 years, IEP's annualized total return was 14.8% with approximately 43% of those gains from dividends. Currently yielding 11.2%, IEP increased its quarterly distribution by 11.3% to $2 a share, payable in April.The last two fiscal years have been good for IEP shareholders. In 2018, Icahn Enterprises' indicative net asset value increased by 3.7% to $8.2 billion. That might seem like a lot but you do that consistently for a decade, and it will show up in the company's stock price. 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.In 2015, Icahn invested $100 million in Lyft. At the time it was said to be worth $2.5 billion. Today, as Lyft readies to go public, it's thought to be worth $15 billion, which means Icahn's investment's grown by 500% in a little over three years. * 15 Stocks Sitting on Huge Piles of Cash 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.If you follow what's going on at the White House, 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. Brookfield increased its quarterly distribution by 5% in Q4 2018 to $1.32 a share on an annual basis, a current yield of 6.7%. BPY is also affiliated with Brookfield Asset Management (NYSE:BAM), who 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. 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.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. * 7 Retail Stocks Winning in 2019 and Beyond Cedar Fair might not grow revenues by double digits but its current yield of 7% 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).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. In 2018, it grew free cash flow by 4.4% to CAD$3.57 billion. In 2019, it expects to increase free cash flow by as much as 12%, which could take it over CAD$4 billion on the year. BCE aims to payout 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 5.3%, 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. 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. 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. * 7 Disruptive Tech ETFs to Buy That said, all Brookfield companies bring to the table a level of conservatism to their investment practices, ensuring that your 7% dividend is most certainly money in the bank. Ford (F)Ford (NYSE:F) is currently yielding 7%, 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. In October, while suggesting that Ford stock had likely fallen as far as it possibly could and was worth a sniff by investors, I argued 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 * 5 of the Best Stocks to Buy Under $10 * 7 Retail Stocks Winning in 2019 and Beyond * The 10 Best Stocks to Buy for the Bull Market's Anniversary Compare Brokers The post 7 Winning High-Yield Dividend Stocks With Payouts Over 5% appeared first on InvestorPlace.

  • Carowinds, popular Charlotte brewery collaborate on new beer
    American City Business Journalslast month

    Carowinds, popular Charlotte brewery collaborate on new beer

    Carowinds' Copperhead Strike roller coaster will have a companion beer. The local amusement park has teamed up with a Charlotte brewery for a brew that will be available this year.

  • Business Wire2 months ago

    Cedar Fair 2018 K-1 Tax Packages Now Available

    Cedar Fair Entertainment Company , a leader in regional amusement parks, water parks and immersive entertainment, today announced that its 2018 tax packages, including Schedule K-1, are now available online and may be accessed through Cedar Fair’s website https://ir.cedarfair.com under the Unitholder Resources tab and the K-1 Tax Package Support website www.taxpackagesupport.com/cedarfair.

  • Business Wire2 months ago

    Company Profile for Cedar Fair Entertainment Company

    Cedar Fair Entertainment Company , one of the largest regional amusement-resort operators in the world, is a publicly traded partnership headquartered in Sandusky, Ohio. Focused on its mission to become “THE place to be for FUN,” the Company owns and operates 11 amusement parks, including its flagship park, Cedar Point, along with two outdoor water parks, one indoor water park and four hotels.

  • Moody's2 months ago

    Canada's Wonderland Company -- Moody's affirms Cedar Fair's existing ratings; outlook remains stable

    Moody's Investors Service (Moody's) affirmed Cedar Fair, L.P.'s (Cedar Fair) Ba3 Corporate Family Rating (CFR), Ba1 senior secured credit facility, and B1 Senior Unsecured rating. The performance of the company continues to be in line with the existing rating levels with moderate debt leverage levels of 3.7x and EBITDA margins of 35% as of Q4 2018, despite slightly negative free cash flow after distributions in 2018 and 2017.

  • Business Wire2 months ago

    Cedar Fair Declares 2019 First-Quarter Cash Distribution

    Cedar Fair Entertainment Company (FUN), a leader in amusement parks, waters parks and immersive entertainment, today announced the declaration of a regular quarterly cash distribution of $0.925 per limited partner (LP) unit. The quarterly distribution rate is consistent with the Company’s annualized distribution rate of $3.70 per LP unit announced in October of last year. The distribution, which is payable on March 20, 2019, to unitholders of record as of March 11, 2019, represents the Company’s 33rd consecutive year of paying a cash distribution to its unitholders.

  • GuruFocus.com2 months ago

    Cedar Fair LP (FUN) Files 10-K for the Fiscal Year Ended on December 31, 2018

    Cedar Fair LP (NYSE:FUN) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018.

  • GlobeNewswire2 months ago

    Factors of Influence in 2019, Key Indicators and Opportunity within Sierra Wireless, United States Steel, CareDx, Cedar Fair, Unitil, and Cavco Industries — New Research Emphasizes Economic Growth

    NEW YORK, Feb. 19, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • How Strategy Changes Could Catalyze Cedar Fair's Turnaround
    GuruFocus.com2 months ago

    How Strategy Changes Could Catalyze Cedar Fair's Turnaround

    An evolving strategy could boost Cedar Fair LP's (FUN) financial performance. The amusement park operator is in the process of moving toward a long-term relationship-based program that focuses on the lifetime value of guests. It is also investing in its loyalty program as well as a customer relationship management system that offers greater personalization.

  • Cedar Fair Aims for a Smoother Ride for Investors
    Motley Fool2 months ago

    Cedar Fair Aims for a Smoother Ride for Investors

    After weather knocked the company below its 2018 earnings goal, the amusement park specialist plans to craft a more diverse business.

  • Charlotte's Women In Business: Pat Jones
    American City Business Journals2 months ago

    Charlotte's Women In Business: Pat Jones

    Pat Jones, general manager of Carowinds, is a 2019 honoree in the CBJ’s Women in Business awards program.