Last $46.95 USD
Change Today +1.70 / 3.76%
Volume 474.9K
FUN On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

cedar fair lp (FUN) Snapshot

Open
$46.06
Previous Close
$45.25
Day High
$47.27
Day Low
$46.06
52 Week High
06/6/14 - $55.77
52 Week Low
10/15/14 - $42.75
Market Cap
2.6B
Average Volume 10 Days
272.6K
EPS TTM
$2.59
Shares Outstanding
55.9M
EX-Date
09/2/14
P/E TM
18.1x
Dividend
$2.80
Dividend Yield
5.96%
Current Stock Chart for CEDAR FAIR LP (FUN)

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cedar fair lp (FUN) Details

Cedar Fair, L.P. owns and operates amusement and water parks in the United States and Canada. As of March 3, 2014, the company operated 11 amusement parks, 3 outdoor water parks, 1 indoor water park, and 5 hotels. Its amusement parks include Cedar Point located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Kings Island near Cincinnati, Ohio; Canada's Wonderland near Toronto, Canada; Dorney Park & Wildwater Kingdom located near Allentown in South Whitehall Township, Pennsylvania; Valleyfair located near Minneapolis/St. Paul in Shakopee, Minnesota; Michigan's Adventure located near Muskegon, Michigan; Kings Dominion near Richmond, Virginia; Carowinds in Charlotte, North Carolina; Worlds of Fun located in Kansas City, Missouri; Knott's Berry Farm located near Los Angeles in Buena Park, California; and California's Great America located in Santa Clara, California. The company also manages and operates Gilroy Gardens Family Theme Park in Gilroy, California; and owns and operates the Castaway Bay Indoor Waterpark Resort in Sandusky, Ohio. Cedar Fair Management, Inc. serves as the general partner of Cedar Fair, L.P. The company was founded in 1983 and is based in Sandusky, Ohio.

1,700 Employees
Last Reported Date: 02/26/14
Founded in 1983

cedar fair lp (FUN) Top Compensated Officers

Chief Executive Officer of Cedar Fair Managem...
Total Annual Compensation: $875.0K
Chief Financial Officer of Cedar Fair Managem...
Total Annual Compensation: $376.0K
Chief Operating Officer of Cedar Fair Managem...
Total Annual Compensation: $457.0K
Corporate Vice President of Cedar Fair Manage...
Total Annual Compensation: $335.0K
Executive Vice President of Operations - Ceda...
Total Annual Compensation: $335.0K
Compensation as of Fiscal Year 2013.

cedar fair lp (FUN) Key Developments

Cedar Fair Entertainment Company Announces Preliminary Revenue Results for the Year to Date Ended September 1, 2014; Revises Earnings Guidance for the Full Year of Fiscal 2014

Cedar Fair Entertainment Company announced preliminary revenue results for the year to date ended September 1, 2014. The company announced that preliminary year-to-date net revenues through September 1, 2014, were a record $939 million, on attendance of 19.0 million, average in-park guest per capita spending of $45.53 and out-of-park revenues of $96 million. On a comparable-park basis, excluding a stand-alone water park sold in August 2013, year-to-date net revenues increased 1%, or $12 million. The 1% increase in net revenues is the result of a 3%, or $1.44, increase in average in-park guest per capita spending, offset somewhat by a 1%, or 266,000-visit, decrease in attendance and a $3 million decrease in out-of-park revenues, including resort accommodations. The company revised earnings guidance for the full year of fiscal 2014. For the year, the company now expects to generate net revenues between $1.15 billion and $1.17 billion and full-year Adjusted EBITDA between $425 million and $435 million. The company's previously stated guidance for 2014 was net revenues between $1.16 billion and $1.18 billion and adjusted EBITDA between $435 million and $445 million.

Cedar Fair Declares Quarterly Cash Distribution, Payable on September 15, 2014

Cedar Fair declared a quarterly cash distribution of $0.7 per Limited Partner (LP) unit payable on September 15, 2014.

Cedar Fair, L.P. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 29, 2014; Revises Earnings Guidance for the Year of 2014; Reports Loss on Impairment/Retirement of Fixed Assets

Cedar Fair, L.P. announced unaudited consolidated financial results for the second quarter and six months ended June 29, 2014. For the quarter, the company reported net revenues of $363.014 million against $361.620 million a year ago. Operating income was $91.847 million against $97.455 million a year ago. Income before taxes was $51.090 million against $59.050 million a year ago. Net income allocated to limited partners was $43.901 million or $0.79 per diluted share against $47.390 million or $0.85 per diluted share a year ago. Adjusted EBITDA was $141.080 million against $144.077 million a year ago. For the six months, the company reported net revenues of $403.480 million against $403.419 million a year ago. Operating income was $20.270 million against $31.135 million a year ago. Loss before taxes was $62.701 million against $85.735 million a year ago. Net loss allocated to limited partners was $39.638 million or $0.71 per diluted share against $61.736 million or $1.11 per diluted share a year ago. Adjusted EBITDA was $79.115 million against $86.804 million a year ago. The company now expects to achieve record, full-year 2014 net revenues between $1.16 billion and $1.18 billion and adjusted EBITDA between $435 million and $445 million. For the quarter, the company reported loss on impairment/retirement of fixed assets, net was $0.215 million against $0.029 million a year ago.

 

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FUN

Industry Average

Valuation FUN Industry Range
Price/Earnings 19.4x
Price/Sales 2.2x
Price/Book 107.0x
Price/Cash Flow 10.0x
TEV/Sales 0.7x
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