Six Flags Entertainment Corporation is the world's largest regional theme park company and the largest operator of waterparks in North America, with 26 parks across the United States, Mexico and Canada. For 59 years, Six Flags has entertained millions of families with world-class coasters, themed rides, thrilling waterparks and unique attractions.
Company profile
Ticker
SIX
Exchange
Website
CEO
Michael Spanos
Employees
Location
Fiscal year end
Industry (SIC)
Former names
PREMIER PARKS INC, SIX FLAGS INC, SIX FLAGS, INC., TIERCO GROUP INC/DE/
SEC CIK
Corporate docs
Subsidiaries
9103-2359 Quebec Inc. • Assenzio S.r.l. • Entertainment Services Latam S.A. de C.V. • Fiesta Texas Hospitality LLC • Fiesta Texas, Inc. • Flags Beverages, Inc. • Funtime Inc. • Funtime Parks, Inc. • GP Holdings Inc. • Great America LLC ...
IRS number
133995059
SIX stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
12 May 23
10-Q
2023 Q1
Quarterly report
8 May 23
8-K
Six Flags Reports First Quarter 2023 Performance
8 May 23
8-K
Six Flags Announces Closing of $800 Million Notes Offering
4 May 23
8-K
Six Flags Announces Private Offering of $800 Million of Senior Notes
26 Apr 23
ARS
2023 FY
Annual report to shareholders
28 Mar 23
DEFA14A
Additional proxy soliciting materials
28 Mar 23
DEF 14A
Definitive proxy
28 Mar 23
PRE 14A
Preliminary proxy
17 Mar 23
8-K/A
Departure of Directors or Certain Officers
10 Mar 23
Transcripts
SIX
Earnings call transcript
2023 Q1
8 May 23
SIX
Earnings call transcript
2022 Q4
2 Mar 23
SIX
Earnings call transcript
2022 Q3
10 Nov 22
SIX
Earnings call transcript
2022 Q2
11 Aug 22
SIX
Earnings call transcript
2022 Q1
12 May 22
SIX
Earnings call transcript
2021 Q4
24 Feb 22
SIX
Earnings call transcript
2021 Q3
28 Oct 21
SIX
Earnings call transcript
2021 Q2
28 Jul 21
SIX
Earnings call transcript
2021 Q1
28 Apr 21
SIX
Earnings call transcript
2020 Q4
24 Feb 21
Financial summary
| Quarter (USD) | Apr 23 | Jan 23 | Oct 22 | Jul 22 | |
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| Diluted EPS |
| Annual (USD) | Jan 23 | Jan 22 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 64.75 mm | 64.75 mm | 64.75 mm | 64.75 mm | 64.75 mm | 64.75 mm |
| Cash burn (monthly) | 5.12 mm | 15.62 mm | 29.24 mm | (no burn) | 18.76 mm | (no burn) |
| Cash used (since last report) | 9.69 mm | 29.54 mm | 55.29 mm | n/a | 35.47 mm | n/a |
| Cash remaining | 55.06 mm | 35.21 mm | 9.46 mm | n/a | 29.28 mm | n/a |
| Runway (months of cash) | 10.7 | 2.3 | 0.3 | n/a | 1.6 | n/a |
Institutional ownership, Q1 2023
| 13F holders | Current |
|---|---|
| Total holders | 288 |
| Opened positions | 57 |
| Closed positions | 42 |
| Increased positions | 85 |
| Reduced positions | 86 |
| 13F shares | Current |
|---|---|
| Total value | 2.15 tn |
| Total shares | 86.62 mm |
| Total puts | 1.05 mm |
| Total calls | 1.02 mm |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| H Partners Management | 11.40 mm | $304.49 bn |
| BLK Blackrock | 10.01 mm | $267.37 bn |
| Vanguard | 7.92 mm | $211.53 bn |
| Jaffer Rehan | 5.03 mm | $308.44 mm |
| Thunderbird Partners | 4.34 mm | $115.82 bn |
| Jericho Capital Asset Management | 3.59 mm | $96.00 bn |
| Northwood Liquid Management | 2.50 mm | $66.74 bn |
| STT State Street | 2.31 mm | $61.59 bn |
| JPM JPMorgan Chase & Co. | 1.70 mm | $45.46 bn |
| Candlestick Capital Management | 1.64 mm | $43.85 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 12 May 23 | Bassoul Selim A | Common Stock, par value $0.025 per share | Payment of exercise | Dispose F | No | No | 26.62 | 484 | 12.88 k | 540,973 |
| 10 May 23 | Gary Mick | Common Stock, par value $0.025 per share | Buy | Acquire P | No | No | 26.625 | 5,000 | 133.13 k | 82,237 |
| 10 May 23 | Baldanza B Ben | Common Stock, par value $0.025 per share | Grant | Acquire A | No | No | 0 | 7,499 | 0.00 | 37,741 |
| 10 May 23 | Esi Eggleston Bracey | Common Stock, par value $0.025 per share | Grant | Acquire A | No | No | 0 | 7,499 | 0.00 | 31,984 |
| 10 May 23 | Chieh E. Huang | Common Stock, par value $0.025 per share | Grant | Acquire A | No | No | 0 | 7,499 | 0.00 | 14,259 |
News
Where Six Flags Entertainment Stands With Analysts
25 May 23
Benzinga's Top Ratings Upgrades, Downgrades For May 25, 2023
25 May 23
Keybanc Initiates Coverage On Six Flags Entertainment with Overweight Rating, Announces Price Target of $35
25 May 23
Deutsche Bank Maintains Buy Rating for Six Flags Entertainment: Here's What You Need To Know
9 May 23
Deutsche Bank Maintains Buy on Six Flags Entertainment, Raises Price Target to $38
9 May 23
Press releases
Thinking about buying stock in Braskem, Six Flags, Western Alliance, Energizer, or Banc of California?
8 May 23
Six Flags Reports First Quarter 2023 Performance
8 May 23
Six Flags Announces Closing of Amendments to Credit Facility
3 May 23
Six Flags Announces Closing of $800 Million Notes Offering
3 May 23
Results of Cash Tender Offer for Any and All of its 4.875% Senior Notes due 2024
3 May 23