Should I buy or sell Cedar Fair stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cedar Fair in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FUN shares. View FUN analyst ratings or view top-rated stocks .

What is Cedar Fair's stock price target for 2024?

10 analysts have issued twelve-month target prices for Cedar Fair's stock. Their FUN share price targets range from $43.00 to $56.00. On average, they expect the company's share price to reach $50.30 in the next twelve months. This suggests a possible upside of 31.7% from the stock's current price. View analysts price targets for FUN or view top-rated stocks among Wall Street analysts .

How have FUN shares performed in 2024?

Cedar Fair's stock was trading at $39.80 at the beginning of 2024. Since then, FUN stock has decreased by 4.0% and is now trading at $38.19. View the best growth stocks for 2024 here .

When is Cedar Fair's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our FUN earnings forecast .

How can I listen to Cedar Fair's earnings call?

Cedar Fair will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "3720518#".

How were Cedar Fair's earnings last quarter?

Cedar Fair, L.P. (NYSE:FUN) announced its quarterly earnings results on Thursday, February, 15th. The company reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by $0.08. The business earned $371.12 million during the quarter, compared to the consensus estimate of $365.13 million. Cedar Fair had a net margin of 6.96% and a negative trailing twelve-month return on equity of 21.06%.

How often does Cedar Fair pay dividends? What is the dividend yield for Cedar Fair?

Cedar Fair announced a quarterly dividend on Thursday, February 15th. Stockholders of record on Wednesday, March 6th will be paid a dividend of $0.30 per share on Wednesday, March 20th. This represents a $1.20 annualized dividend and a yield of 3.14%. The ex-dividend date of this dividend is Tuesday, March 5th. Read our dividend analysis for FUN .

Is Cedar Fair a good dividend stock?

Cedar Fair (NYSE:FUN) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.11%. The dividend payout ratio is 48.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FUN will have a dividend payout ratio of 31.58% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FUN .

What is Richard Zimmerman's approval rating as Cedar Fair's CEO?

13 employees have rated Cedar Fair Chief Executive Officer Richard Zimmerman on Glassdoor.com . Richard Zimmerman has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Cedar Fair own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cedar Fair investors own include Ballard Power Systems (BLDP) , AT&T (T) , Hawkins (HWKN) , Walt Disney (DIS) , NVIDIA (NVDA) , Gilead Sciences (GILD) , Johnson & Johnson (JNJ) , Verizon Communications (VZ) , Intel (INTC) and Pfizer (PFE) .

Who are Cedar Fair's major shareholders?

Cedar Fair's stock is owned by a variety of retail and institutional investors. Top institutional investors include Salem Investment Counselors Inc. (0.00%). View institutional ownership trends .

How do I buy shares of Cedar Fair?

Shares of FUN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NYSE:FUN

Cedar Fair (FUN) Stock Price, News & Analysis

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$38.19

-0.27 (-0.70%)

(As of 04/19/2024 ET)

Compare

Today's Range: $38.01
▼
$38.79
50-Day Range: $38.19
▼
$43.10
52-Week Range: $34.04
▼
$45.39

Volume: 41,399 shs
Average Volume: 223,395 shs
Market Capitalization: $1.95 billion

P/E Ratio: 15.59
Dividend Yield: 3.14%
Price Target: $50.30

Get Cedar Fair alerts:

Cedar Fair MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 31.7% Upside
$50.30 Price Target
Short Interest: Bearish
6.64% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.71
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 15.85%
From $3.28 to $3.80 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.24 out of 5 stars

Consumer Discretionary Sector

76th out of 265 stocks

Miscellaneous Amusement & Recreation Services Industry

5th out of 18 stocks

4.5

Analyst's Opinion

Consensus Rating
Cedar Fair has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Cedar Fair has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

0.0

Short Interest

Percentage of Shares Shorted
6.64% of the float of Cedar Fair has been sold short.
Short Interest Ratio / Days to Cover
Cedar Fair has a short interest ratio ("days to cover") of 13.1, which indicates bearish sentiment.
Change versus previous month
Short interest in Cedar Fair has recently increased by 3.07%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Cedar Fair pays a meaningful dividend of 3.11%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cedar Fair does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cedar Fair is 48.98%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cedar Fair will have a dividend payout ratio of 31.58% next year. This indicates that Cedar Fair will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FUN.

2.6

News and Social Media Coverage

News Sentiment
Cedar Fair has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Cedar Fair this week, compared to 5 articles on an average week.
Search Interest
Only 2 people have searched for FUN on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Cedar Fair to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cedar Fair insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Cedar Fair is held by insiders.
Percentage Held by Institutions
64.65% of the stock of Cedar Fair is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Cedar Fair are expected to grow by 15.85% in the coming year, from $3.28 to $3.80 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cedar Fair is 15.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cedar Fair is 15.59, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.04.

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About Cedar Fair Stock (NYSE: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 Kansas City, Missouri; Valleyfair situated near Minneapolis/St. Paul, Minnesota; Michigan's Adventure situated near Muskegon, Michigan; Schlitterbahn Waterpark & Resort New Braunfels in New Braunfels, Texas; and Schlitterbahn Waterpark Galveston in Galveston, Texas. The company also owns and operates the Castaway Bay Indoor Waterpark Resort, Hotel Breakers, Cedar Point's Express Hotel, and Sawmill Creek Resort. Cedar Fair, L.P. was founded in 1983 and is based in Sandusky, Ohio.

FUN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FUN Stock News Headlines

April 19, 2024 | americanbankingnews.com

Cedar Fair, L.P. (NYSE:FUN) Given Average Rating of "Buy" by Analysts

April 18, 2024 | msn.com

What’s it like to ride Iron Menace? Dorney Park gives previews of new roller coaster

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April 18, 2024 | bizjournals.com

Six Flags to sell $850M in bonds, reorganize debt ahead of merger with Schlitterbahn owner

April 17, 2024 | stockhouse.com

NEW PHOTOS/VIDEO & FREE SATELLITE FEED AVAILABLE: Northeast's First Dive Coaster Ready to Thrill at Dorney Park & Wildwater Kingdom

April 17, 2024 | finance.yahoo.com

NEW PHOTOS/VIDEO & FREE SATELLITE FEED AVAILABLE: Northeast’s First Dive Coaster Ready to Thrill at Dorney Park & Wildwater Kingdom

April 13, 2024 | americanbankingnews.com

Cedar Fair (NYSE:FUN) Now Covered by Analysts at StockNews.com

April 13, 2024 | yahoo.com

On Foxwoods' Great Cedar Concourse, things are sweet

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April 12, 2024 | msn.com

Woman hit by metal from roller coaster, Cedar Fair reach settlement

April 12, 2024 | msn.com

Cedar Point hosts second annual Jobs Fun Fair this weekend

April 11, 2024 | businesswire.com

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

April 10, 2024 | msn.com

6 Best Spring Fragrances and Colognes for Men

April 9, 2024 | msn.com

Cedar Point to host 2nd annual ‘Jobs Fun Fair’

April 9, 2024 | businesswire.com

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

April 7, 2024 | msn.com

Shopper Blog: 60,000 eggs come with a message for 1,200 kids at Grace Baptist

April 4, 2024 | yahoo.com

Can’t Put a Price on Value: Why $10K Bikes Can’t Compete With My Cheap Fixie

April 4, 2024 | msn.com

Things to do in the Austin area this weekend: CMT Music Awards, Statesman Cap10K

April 4, 2024 | theglobeandmail.com

Highlights of the 2024 season at Canada’s Wonderland include new giant boomerang water slide and expanded event dates

April 4, 2024 | msn.com

The Best Iowa Road Trip: Cruising Down the Great River Road

April 4, 2024 | yahoo.com

Gen-Z Has Spoken: Here Are 65 Gifts for Teen Girls That *Actually* Won’t Embarrass Them

April 4, 2024 | msn.com

Where to watch the eclipse in Carbondale, Illinois

April 2, 2024 | globenewswire.com

ValleyScare is Back from the Dead!

April 1, 2024 | msn.com

Cedar Ridge softball is on a tear, ranked No. 2 in Class 6A after 21 straight wins

April 1, 2024 | msn.com

Where to watch the eclipse in Northeast Ohio: Your guide to dozens of out-of-this-world events in Cleveland, nearby communities

April 1, 2024 | msn.com

Top 34 Free Things To Do in Singapore (Apr 2024): Easter Egg-stravaganza Farmers’ Market, Magic Hour at Raffles Hotel, And More

March 31, 2024 | omaha.com

Judge considers motion to move Laurel quadruple homicide trial out of Cedar County, Nebraska

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Ex-Dividend for 3/20 Dividend: 3/05/2024
Dividend Payable: 3/20/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Miscellaneous amusement & recreation services
Sub-Industry: N/A
Current Symbol: NYSE:FUN
CUSIP: N/A
CIK: 811532
Web: www.cedarfair.com
Phone: (419) 626-0830
Fax: 419-627-2260
Employees: 53,050
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $50.30
High Stock Price Target: $56.00
Low Stock Price Target: $43.00
Potential Upside/Downside: +32.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.45
Trailing P/E Ratio: 15.54
Forward P/E Ratio: 11.61
P/E Growth: N/A
Net Income: $124.56 million
Net Margins: 6.96%
Pretax Margin: 9.60%
Return on Equity: -21.06%
Return on Assets: 6.27%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.52
Quick Ratio: 0.41

Sales & Book Value

Annual Sales: $1.80 billion
Price / Sales: 1.08
Cash Flow: $5.89 per share
Price / Cash Flow: 6.47
Book Value: ($11.43) per share
Price / Book: -3.33

Miscellaneous

Outstanding Shares: 51,030,000
Free Float: 50,110,000
Market Cap: $1.94 billion
Optionable: Optionable
Beta: 1.41

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Key Executives

Mr. Richard A. Zimmerman (Age 63)
President, CEO & Director of Cedar Fair Management Inc.
Comp: $2.91M
Mr. Brian C. Witherow (Age 57)
Executive VP & CFO of Cedar Fair Management Inc.
Comp: $1.4M
Mr. Tim V. Fisher (Age 63)
Chief Operating Officer of Cedar Fair Management Inc.
Comp: $1.8M
Mr. Brian M. Nurse (Age 51)
Executive VP, Chief Legal & Compliance Officer and Corporate Secretary
Comp: $1.08M
Mr. David R. Hoffman (Age 55)
Senior VP & Chief Accounting Officer of Cedar Fair Management Inc.
Comp: $294.8k
Mr. Ty Tastepe
Senior VP & Chief Information Officer
Mr. Michael Russell
Corporate Director of Investor Relations
Mr. Scott Tanner
Corporate Vice President of Sales - Cedar Fair Management Co.
Ms. Monica Sauls
Senior VP & Chief Human Resources Officer
Mr. Charles E. Myers (Age 60)
Senior Vice President of Creative Development at Cedar Fair Management Inc.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

FUN Stock Analysis - Frequently Asked Questions

Should I buy or sell Cedar Fair stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cedar Fair in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" FUN shares.
View FUN analyst ratings or view top-rated stocks.
What is Cedar Fair's stock price target for 2024?: 10 analysts have issued twelve-month target prices for Cedar Fair's stock. Their FUN share price targets range from $43.00 to $56.00. On average, they expect the company's share price to reach $50.30 in the next twelve months. This suggests a possible upside of 31.7% from the stock's current price.
View analysts price targets for FUN or view top-rated stocks among Wall Street analysts.
How have FUN shares performed in 2024?: Cedar Fair's stock was trading at $39.80 at the beginning of 2024. Since then, FUN stock has decreased by 4.0% and is now trading at $38.19.
View the best growth stocks for 2024 here.
When is Cedar Fair's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our FUN earnings forecast.
How can I listen to Cedar Fair's earnings call?: Cedar Fair will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "3720518#".
How were Cedar Fair's earnings last quarter?: Cedar Fair, L.P. (NYSE:FUN) announced its quarterly earnings results on Thursday, February, 15th. The company reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by $0.08. The business earned $371.12 million during the quarter, compared to the consensus estimate of $365.13 million. Cedar Fair had a net margin of 6.96% and a negative trailing twelve-month return on equity of 21.06%.

How often does Cedar Fair pay dividends? What is the dividend yield for Cedar Fair?: Cedar Fair announced a quarterly dividend on Thursday, February 15th. Stockholders of record on Wednesday, March 6th will be paid a dividend of $0.30 per share on Wednesday, March 20th. This represents a $1.20 annualized dividend and a yield of 3.14%. The ex-dividend date of this dividend is Tuesday, March 5th.
Read our dividend analysis for FUN.
Is Cedar Fair a good dividend stock?: Cedar Fair (NYSE:FUN) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.11%. The dividend payout ratio is 48.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FUN will have a dividend payout ratio of 31.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FUN.
What is Richard Zimmerman's approval rating as Cedar Fair's CEO?: 13 employees have rated Cedar Fair Chief Executive Officer Richard Zimmerman on Glassdoor.com. Richard Zimmerman has an approval rating of 90% among the company's employees.
What other stocks do shareholders of Cedar Fair own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cedar Fair investors own include Ballard Power Systems (BLDP), AT&T (T), Hawkins (HWKN), Walt Disney (DIS), NVIDIA (NVDA), Gilead Sciences (GILD), Johnson & Johnson (JNJ), Verizon Communications (VZ), Intel (INTC) and Pfizer (PFE).
Who are Cedar Fair's major shareholders?: Cedar Fair's stock is owned by a variety of retail and institutional investors. Top institutional investors include Salem Investment Counselors Inc. (0.00%).
View institutional ownership trends.
How do I buy shares of Cedar Fair?: Shares of FUN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FUN) was last updated on 4/19/2024 by MarketBeat.com Staff

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Cedar Fair (FUN) Stock Price, News & Analysis

Cedar Fair MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cedar Fair Stock (NYSE:FUN)

FUN Stock Price History

FUN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

FUN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™