Cedar Fair, L.P. (FUN)

NYSE: FUN · IEX Real-Time Price · USD
39.19
-0.82 (-2.05%)
Apr 12, 2024, 4:00 PM EDT - Market closed
-2.05%
Market Cap 2.00B
Revenue (ttm) 1.80B
Net Income (ttm) 124.56M
Shares Out 51.03M
EPS (ttm) 2.42
PE Ratio 16.19
Forward PE 11.62
Dividend $1.20 (3.06%)
Ex-Dividend Date Mar 5, 2024
Volume 233,313
Open 39.61
Previous Close 40.01
Day's Range 39.00 - 39.74
52-Week Range 34.04 - 45.39
Beta 1.42
Analysts Strong Buy
Price Target 48.69 (+24.24%)
Earnings Date May 9, 2024

About FUN

Cedar Fair, L.P. owns and operates amusement and water parks, as well as complementary resort facilities. Its amusement parks include Cedar Point located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Knott's Berry Farm near Los Angeles, California; Canada's Wonderland near Toronto, Ontario; Kings Island near Cincinnati, Ohio; Carowinds in Charlotte, North Carolina; Kings Dominion situated near Richmond, Virginia; California's Great America located in Santa Clara, California; Dorney Park in Pennsylvania; Worlds of Fun located in K... [Read more]

Industry Leisure
IPO Date Apr 23, 1987
Employees 53,050
Stock Exchange NYSE
Ticker Symbol FUN
Full Company Profile

Financial Performance

In 2023, Cedar Fair's revenue was $1.80 billion, a decrease of -1.03% compared to the previous year's $1.82 billion. Earnings were $124.56 million, a decrease of -59.52%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for FUN stock is "Strong Buy." The 12-month stock price forecast is $48.69, which is an increase of 24.24% from the latest price.

Price Target
$48.69
(24.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Cedar Fair Announces Conditional Full Redemption of All Outstanding 5.500% Notes Due May 2025

SANDUSKY, Ohio--(BUSINESS WIRE)--CEDAR FAIR ANNOUNCES CONDITIONAL FULL REDEMPTION OF ALL OUTSTANDING 5.500% NOTES DUE MAY 2025.

2 days ago - Business Wire

Cedar Fair to Announce 2024 First Quarter Results on May 9th; Earnings Call Starts at 10 AM EDT

SANDUSKY, Ohio--(BUSINESS WIRE)--Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, said today it will issue its 2024 first-qu...

3 days ago - Business Wire

ValleyScare is Back from the Dead!

Valleyfair is Bringing Back Minnesota's Largest Halloween Event This Year Valleyfair is Bringing Back Minnesota's Largest Halloween Event This Year

11 days ago - GlobeNewsWire

Dorney Park & Wildwater Kingdom Announces Opening Dates for Iron Menace

The Fun Will Begin in April ALLENTOWN, Pa. , March 29, 2024 /PRNewswire/ -- The Northeast's highly anticipated, first-ever dive roller coaster Iron Menace is ready for a dynamic event spanning two wee...

15 days ago - PRNewsWire

Dorney Park & Wildwater Kingdom to Host Iron Menace Ride for a Cause Event to Benefit Eagles Autism Foundation

April 19th event offers chance to ride new roller coaster and special appearances April 19th event offers chance to ride new roller coaster and special appearances

16 days ago - GlobeNewsWire

VIDEO: Dorney Park Releases First Official ON RIDE Point of View Video from New Iron Menace Roller Coaster

Dive Roller Coaster Boasts 95-Degree Drop, 4 Inversions ALLENTOWN, Pa. , March 25, 2024 /PRNewswire/ -- The Northeast's highly anticipated, first-ever dive roller coaster Iron Menace is on the move an...

19 days ago - PRNewsWire

Cedar Fair Announces Availability of 2023 K-1 Tax Packages

SANDUSKY, Ohio--(BUSINESS WIRE)--CEDAR FAIR ANNOUNCES AVAILABILITY OF 2023 K-1 TAX PACKAGES.

5 weeks ago - Business Wire

Cedar Fair Reports Results for 2023

SANDUSKY, Ohio--(BUSINESS WIRE)--Cedar Fair Reports Results for 2023.

2 months ago - Business Wire

SIX FLAGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Six Flags Entertainment Corporation - SIX

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Six Flags Entert...

Other symbols: SIX
2 months ago - Business Wire

Valleyfair to Hire 1,600 Seasonal Associates for 2024 Season

Shakopee, MN, Feb. 13, 2024 (GLOBE NEWSWIRE) --  FOR IMMEDIATE RELEASE  Media Contact: Melissa Ferlaak PR@valleyfair.com Cell: 952-463-5932 Media Kit                                     Valleyfair to ...

2 months ago - GlobeNewsWire

The future of the American amusement park in a Disney, Universal dominated world of thrills

Can a merger of Six Flags and Cedar Fair give the amusement park operators a boost against much bigger, deeper-pocketed rivals at Disney and Universal?

Other symbols: DISCMCSASIX
2 months ago - CNBC

DOJ seeks additional info from Six Flags, Cedar Fair on $8 bln merger

Amusement park operators Six Flags Entertainment and Cedar Fair said they have received a request for additional information and documents from the U.S. Department of Justice (DOJ), which is reviewing...

Other symbols: SIX
2 months ago - Reuters

Cedar Fair to Announce 2023 Fourth Quarter and Full Year Results on Feb. 15, 2024; Earnings Call Scheduled for 10 AM EST

SANDUSKY, Ohio--(BUSINESS WIRE)--Cedar Fair to Announce 2023 Fourth Quarter and Full Year Results on Feb. 15, 2024; Earnings Call Scheduled for 10 AM EST.

3 months ago - Business Wire

Cedar Fair Announces Strategic Changes to Its Corporate Leadership Team

SANDUSKY, Ohio--(BUSINESS WIRE)--Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced a strategic reorganization...

4 months ago - Business Wire

Cedar Fair Announces Expiration and Results of Consent Solicitation For its Outstanding Notes

SANDUSKY, Ohio--(BUSINESS WIRE)--Cedar Fair, L.P. (NYSE: FUN) (the “Company”), a leader in regional amusement parks, water parks, and immersive entertainment, together with its wholly owned subsidiari...

5 months ago - Business Wire

Six Flags and Cedar Fair to merge: Here's what you need to know

David Katz, Jefferies Equity analyst, joins 'Power Lunch' to discuss theme parks after Six Flags announced its merger with Cedar Fair.

Other symbols: SIX
5 months ago - CNBC Television

SIX FLAGS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Six Flags Entertainment Corporation - SIX

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Six Flags Entert...

Other symbols: SIX
5 months ago - Business Wire

Cedar Fair Announces Consent Solicitation for its Outstanding Notes

SANDUSKY, Ohio--(BUSINESS WIRE)--Cedar Fair, L.P. (NYSE: FUN) (the “Company”), a leader in regional amusement parks, water parks, and immersive entertainment, together with its wholly owned subsidiari...

5 months ago - Business Wire

Six Flags and Cedar Fair Plan to Merge in an All-Stock Deal

Six Flags Entertainment (SIX) and Cedar Fair Entertainment (FUN) shares soared in pre-market trading after the companies announced an all-stock merger, creating one of the biggest theme park operators...

Other symbols: SIX
5 months ago - Investopedia

Significant Six Flags Shareholder Land & Buildings Issues Statement on the Company's Proposed Merger with Cedar Fair

STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”), a significant shareholder of Six Flags Entertainment Corporatio...

Other symbols: SIX
5 months ago - Business Wire

Six Flags, rival theme park brand Cedar Fair to merge in bid to spark post-pandemic recovery

Cedar Fair and Six Flags Entertainment on Thursday agreed to merge to spur a post-pandemic recovery that smaller US amusement park operators have been chasing as leisure spending remains low amid an u...

Other symbols: SIX
5 months ago - New York Post

Cedar Fair & Six Flags To Merge, Creating Amusement Park Giant

In what is described as a “merger of equals”, theme park operators Cedar Fair and Six Flags, are joining forces in an $8 billion deal, the companies announced Thursday.

Other symbols: SIX
5 months ago - Deadline

Six Flags and Cedar Fair Stocks Soar on News of Theme Park Merger

The combined company worth some $3.5 billion will operate under the name Six Flags and trade under Cedar Fair's ticker.

Other symbols: SIX
5 months ago - Barrons

Cedar Fair and Six Flags agree to merger of equals valued at about $8 billion including debt

Cedar Fair L.P. FUN, +5.66% and Six Flags Entertainment Corp. SIX, +5.53% said Thursday they have agreed to a merger of equals valued at about $8 billion including debt.

Other symbols: SIX
5 months ago - Market Watch

Cedar Fair Announces 2023 Third Quarter Results and Provides October Performance Update

SANDUSKY, Ohio--(BUSINESS WIRE)--CEDAR FAIR ANNOUNCES 2023 THIRD QUARTER RESULTS AND PROVIDES OCTOBER PERFORMANCE UPDATE.

5 months ago - Business Wire