|Bid||50.39 x 800|
|Ask||50.53 x 1000|
|Day's Range||50.37 - 50.80|
|52 Week Range||45.73 - 65.96|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||22.69|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||3.70 (7.24%)|
|1y Target Est||61.89|
Moody's Investors Service (Moody's) assigned Cedar Fair, L.P.'s (Cedar Fair) proposed senior unsecured note a B1 rating. The Ba3 Corporate Family Rating (CFR), Ba1 senior secured credit facility, and B1 Senior Unsecured rating for the existing notes were all affirmed. While the acquisition of the land in Santa Clara underneath the Great America park is a positive and results in Cedar Fair owning the land under all of its amusement parks, it does contribute to higher leverage levels.
Cedar Fair, L.P. (FUN) (the “Company” or “Cedar Fair”) today announced that it, together with its wholly owned subsidiaries Magnum Management Corporation (“Magnum”), Canada’s Wonderland Company (“Cedar Canada”) and Millennium Operations LLC (“Millennium” and, together with Magnum and Cedar Canada, the “Co-Issuers”), intends to commence a private offering of $500 million aggregate principal amount of senior unsecured notes due 2029 (the “Notes”). Obligations under the Notes will be guaranteed by the Company’s wholly owned subsidiaries that guarantee its senior secured credit facilities (other than the Co-Issuers).
The New Braunfels water park could get a big lift from a multimillion-dollar capital infusion with a new owner.
Cedar Fair Entertainment Co. has signed a definitive agreement to acquire Schlitterbahn Waterpark and Resort New Braunfels and Schlitterbahn Waterpark Galveston. The Sandusky, Ohio-based company will pay $261 million for the two parks. It has also secured the right to acquire Schlitterbahn’s Kansas City, Kansas, water park for an additional $6 million.
Cedar Fair Entertainment Company (FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced that it has signed a definitive agreement to acquire two iconic water parks and one resort in Texas – Schlitterbahn Waterpark and Resort New Braunfels and Schlitterbahn Waterpark Galveston for a cash purchase price of $261 million, subject to certain working capital adjustments related to the timing of the closing. Additionally, Cedar Fair has the right to acquire a property located in Kansas City, Kansas, for a cash purchase price of $6 million.
Cedar Fair Entertainment Company (FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced that its unitholders elected Carlos A. Ruisanchez and re-elected D. Scott Olivet and John M. Scott, III to the Board of Directors of its general partner, Cedar Fair Management, Inc., for three-year terms expiring in 2022. The limited partners also confirmed the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm and approved an advisory vote on the compensation of the Company’s named executive officers.
Cedar Fair Entertainment Company , a leader in regional amusement parks, water parks and immersive entertainment, today announced it will present to investors attending the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference on Monday, June 3, 2019, in New York City.
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. 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. SEE ALSO FROM KIPLINGER: 33 Ways to Get Higher Yields
SANDUSKY, Ohio-- -- Company anticipates 2019 will yield its 10 th consecutive year of record-setting revenues, driven by investments in new rides; multi-week, immersive entertainment offerings; season-extending events; and data-driven marketing Early-season sales for advance purchase commitments up double-digits Board declares cash distribution of $0.925 per limited partner unit payable on June 17, ...
On CNBC's "Mad Money Lightning Round," Jim Cramer said Interpublic Group of Companies (NYSE: IPG ) is a very inexpensive stock, but he doesn't want to pull the trigger. Cedar Fair, L.P. (NYSE: ...
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
Increasing demand for leisure goods and services, and an increase in personal income are likely to contribute to Q1 earnings of leisure companies.
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.
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.
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.
Sandusky, OH, April 10, 2019 -- Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive.
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 ...