cedar fair is a publicly traded partnership headquartered in sandusky, ohio, and one of the largest regional amusement-resort operators in the world. the partnership owns and operates 11 amusement parks, six outdoor water parks, one indoor water park and five hotels. amusement parks in the company’s northern region include two in ohio: cedar point, consistently voted “best amusement park in the world” in amusement today polls, and kings island; as well as canada’s wonderland, near toronto; dorney park, pa; valleyfair, mn; and michigan’s adventure, mi. in the southern region are kings dominion, va; carowinds, nc; and worlds of fun, mo. western parks in california include: knott’s berry farm; great america; and gilroy gardens family theme park, which is managed under contract.
![Cedar Fair logo](/files/LOGO/811532-FUN.png)
Company profile
Ticker
FUN
Exchange
Website
CEO
Richard Zimmerman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Millennium Operations LLC • Magnum Management Corporation • Cedar Fair Southwest Inc. • Michigan's Adventure, Inc. • Kings Island Company • Wonderland Company Inc. • Canada's Wonderland Company • Cedar Point Park LLC • Valleyfair LLC • Worlds of Fun LLC ...
IRS number
341560655
FUN stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
12 Jul 24
25-NSE
Exchange delisting
2 Jul 24
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Jul 24
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Jul 24
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Jul 24
8-K
Cedar Fair and Six Flags Merger of Equals Successfully Completed, Creating a Leading Amusement Park Operator
1 Jul 24
425
Business combination disclosure
26 Jun 24
8-K
Cedar Fair and Six Flags Announce the Satisfaction of Regulatory Conditions for the Proposed Merger of Equals
26 Jun 24
425
Business combination disclosure
18 Jun 24
8-K
Cedar Fair and Six Flags Announce Anticipated Closing Date of the Mergers and Six Flags’ Related Special Dividend
18 Jun 24
Transcripts
FUN
Earnings call transcript
2024 Q1
9 May 24
FUN
Earnings call transcript
2023 Q4
15 Feb 24
FUN
Earnings call transcript
2023 Q3
2 Nov 23
FUN
Earnings call transcript
2023 Q2
3 Aug 23
FUN
Earnings call transcript
2023 Q2
3 Aug 23
FUN
Earnings call transcript
2023 Q1
4 May 23
FUN
Earnings call transcript
2022 Q4
16 Feb 23
FUN
Earnings call transcript
2022 Q3
2 Nov 22
FUN
Earnings call transcript
2022 Q2
3 Aug 22
FUN
Earnings call transcript
2022 Q1
4 May 22
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Net income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
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) | 35.13 mm | 35.13 mm | 35.13 mm | 35.13 mm | 35.13 mm | 35.13 mm |
Cash burn (monthly) | 10.12 mm | (no burn) | 55.29 mm | (no burn) | 36.87 mm | (no burn) |
Cash used (since last report) | 39.13 mm | n/a | 213.80 mm | n/a | 142.56 mm | n/a |
Cash remaining | -4.00 mm | n/a | -178.67 mm | n/a | -107.43 mm | n/a |
Runway (months of cash) | -0.4 | n/a | -3.2 | n/a | -2.9 | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 39 |
Opened positions | 3 |
Closed positions | 3 |
Increased positions | 10 |
Reduced positions | 10 |
13F shares | Current |
---|---|
Total value | 322.23 bn |
Total shares | 16.93 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Goldman Sachs & Co | 4.34 mm | $170.85 mm |
GS Goldman Sachs | 3.47 mm | $128.37 bn |
JPM JPMorgan Chase & Co. | 3.37 mm | $124.72 bn |
BCS Barclays | 2.31 mm | $85.30 mm |
CCP SBS GP | 1.56 mm | $0.00 |
Neuberger Berman | 1.54 mm | $56.85 bn |
Keybank National Association | 78.10 k | $2.89 bn |
Aurora Investment Counsel | 57.89 k | $2.14 bn |
T. Rowe Price | 48.81 k | $1.80 bn |
Schulhoff & Co | 32.44 k | $1.20 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jul 24 | Jennifer Mason | Units of Limited Partner Interest | Sale back to company | Dispose D | No | No | 0 | 5,929 | 0.00 | 0 |
1 Jul 24 | Jennifer Mason | Units of Limited Partner Interest | Grant | Acquire A | No | No | 54.35 | 1,373 | 74.62 k | 5,929 |
1 Jul 24 | Barton Nina | Phantom Units Units of Limited Partner Interest | Sale back to company | Dispose D | No | No | 0 | 3,696 | 0.00 | 0 |
1 Jul 24 | Barton Nina | Phantom Units Units of Limited Partner Interest | Grant | Acquire A | No | No | 54.35 | 1,373 | 74.62 k | 3,696 |
1 Jul 24 | Michelle M Frymire | Units of Limited Partner Interest | Sale back to company | Dispose D | No | No | 0 | 5,929 | 0.00 | 0 |
1 Jul 24 | Michelle M Frymire | Units of Limited Partner Interest | Grant | Acquire A | No | No | 54.35 | 1,373 | 74.62 k | 5,929 |
1 Jul 24 | Richard Zimmerman | Units of Limited Partner Interest | Sale back to company | Dispose D | No | No | 0 | 325,388 | 0.00 | 0 |
1 Jul 24 | Louis Carr | Units of Limited Partner Interest | Sale back to company | Dispose D | No | No | 0 | 445 | 0.00 | 0 |
1 Jul 24 | Louis Carr | Phantom Units Units of Limited Partner Interest | Sale back to company | Dispose D | No | No | 0 | 11,219 | 0.00 | 0 |
1 Jul 24 | Louis Carr | Phantom Units Units of Limited Partner Interest | Grant | Acquire A | No | No | 54.35 | 1,373 | 74.62 k | 11,219 |
News
Macquarie Initiates Coverage On Six Flags Entertainment with Outperform Rating, Announces Price Target of $64
18 Jul 24
Goldman Sachs Assumes Six Flags Entertainment at Neutral, Announces Price Target of $63
10 Jul 24
Truist Securities Assumes Six Flags Entertainment at Buy, Announces Price Target of $62
9 Jul 24
Patterson Companies, Silk Road Medical, Micron, Hewlett Packard Enterprise And Other Big Stocks Moving Higher On Tuesday
18 Jun 24
Cedar Fair, Six Flags Entertainment Announce Senior Management Team That Will Lead Combined Company
18 Jun 24
Press releases
Six Flags Eliminates Guest Surcharge Fee at Participating Legacy Six Flags Parks
22 Jul 24
Six Flags to Announce 2024 Second Quarter Pre-Merger Results on Thursday August 8th; Earnings Call Starts at 10 AM EDT
16 Jul 24
Cedar Fair Announces Consent Solicitation Payment
18 Jun 24
Cedar Fair and Six Flags Announce Senior Management Team That Will Lead Combined Company Following Completion of Planned Merger of Equals
18 Jun 24
Cedar Fair and Six Flags Announce Senior Management Team That Will Lead Combined Company Following Completion of Planned Merger of Equals
18 Jun 24