Six Flags Entertainment Corporation (FUN)Consumer Cyclical | Leisure | Charlotte, United States | NYSE
9.62 USD
-0.59
(-5.735%) ⇩
(Oct. 14, 2026, 10:20 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 11:30 a.m. EDT
The investment case for Six Flags is currently broken by a catastrophic balance sheet and deteriorating operational reality. The company is drowning under debt, with a debt-to-equity ratio of 1,455% and a current ratio of just 0.42, meaning it cannot cover its immediate liabilities without selling assets. Fundamentally, the business is failing; revenue has contracted by 7%, and the company is posting massive losses with negative earnings per share of -$17.31. While the forward P/E looks artificially low due to the loss, the forward EPS of $0.0266 implies a recovery that feels speculative rather than grounded in current cash flows. The dividend is a non-factor here; while the payout ratio appears mathematically low because earnings are negative, the company lacks the free cash flow cushion to sustain a meaningful distribution without jeopardizing solvency. The stock trades at a premium to book value despite generating negative returns on equity, signaling a severe market disconnect or a potential value trap. Options activity confirms the pessimism, with traders aggressively buying cheap puts to hedge against further drops. The statistical forecast also leans negative, though with low confidence. This is a distressed situation where the fundamental risks of insolvency and shrinking revenues far outweigh any potential turnaround story. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.178979 |
| AutoETS | 0.213139 |
| AutoARIMA | 0.213140 |
| MSTL | 0.213686 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 24.19 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.207 |
| Excess Kurtosis | -1.16 |
| Attribute | Value |
|---|---|
| Sector | Consumer Cyclical |
| Ex Dividend Date | 2024-06-04 |
| Last Dividend Date | 2024-06-04 |
| Debt to Equity Ratio | 1455.3 |
| Revenue per Share | 30.198 |
| Market Cap | 983,771,328 |
| Forward P/E | 361.47 |
| Beta | 0.45 |
| Profit Margins | -57.25% |
| Previous Name | Cedar Fair, L.P. |
| Website | https://www.sixflags.com |
As of Oct. 10, 2026, 11:30 a.m. EDT: Speculators are heavily positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 10.0 and 7.5) compared to calls. The put/call ratio is skewed significantly toward selling, with deep OTM put volume suggesting a fear of further decline or a 'crash' scenario. Call activity is sparse and concentrated in very distant strikes, indicating a lack of near-term bullish conviction.
| Date | Dividend | Yield % |
|---|---|---|
| 2024-06-05 | 0.3000 | 0.692521 |
| 2024-03-05 | 0.3000 | 0.717360 |
| 2023-12-05 | 0.3000 | 0.759494 |
| 2023-09-05 | 0.3000 | 0.748503 |
| 2023-06-06 | 0.3000 | 0.714286 |
| 2023-03-06 | 0.3000 | 0.645300 |
| 2022-11-30 | 0.3000 | 0.720115 |
| 2022-08-30 | 0.3000 | 0.710900 |
| 2020-03-03 | 0.9350 | 2.322404 |
| 2019-12-03 | 0.9350 | 1.719698 |
| 2019-09-03 | 0.9250 | 1.666066 |
| 2019-06-03 | 0.9250 | 1.856311 |
| 2019-03-08 | 0.9250 | 1.762912 |
| 2018-12-03 | 0.9250 | 1.736437 |
| 2018-09-04 | 0.8900 | 1.690087 |
| 2018-06-01 | 0.8900 | 1.348894 |
| 2018-03-08 | 0.8900 | 1.347668 |
| 2017-12-01 | 0.8900 | 1.342788 |
| 2017-09-01 | 0.8550 | 1.279940 |
| 2017-06-01 | 0.8550 | 1.201687 |
| 2017-03-01 | 0.8550 | 1.271375 |
| 2016-12-01 | 0.8550 | 1.422156 |
| 2016-09-01 | 0.8250 | 1.422659 |
| 2016-06-01 | 0.8250 | 1.395703 |
| 2016-03-10 | 0.8250 | 1.461470 |
| 2015-12-01 | 0.8250 | 1.437282 |
| 2015-09-01 | 0.7500 | 1.420186 |
| 2015-06-01 | 0.7500 | 1.282709 |
| 2015-03-11 | 0.7500 | 1.397689 |
| 2014-12-01 | 0.7500 | 1.597784 |
| 2014-09-02 | 0.7000 | 1.428571 |
| 2014-06-02 | 0.7000 | 1.320506 |
| 2014-03-12 | 0.7000 | 1.318267 |
| 2013-12-02 | 0.7000 | 1.440922 |
| 2013-09-03 | 0.6250 | 1.467481 |
| 2013-06-03 | 0.6250 | 1.548947 |
| 2013-03-13 | 0.6250 | 1.649947 |
| 2012-12-03 | 0.4000 | 1.202646 |
| 2012-08-31 | 0.4000 | 1.246494 |
| 2012-06-01 | 0.4000 | 1.565558 |
| 2012-03-01 | 0.4000 | 1.412429 |
| 2011-12-01 | 0.7000 | 3.127793 |
| 2011-09-01 | 0.1200 | 0.609137 |
| 2011-06-01 | 0.1000 | 0.502513 |
| 2011-03-01 | 0.0800 | 0.407332 |
| 2010-12-01 | 0.2500 | 1.689189 |
| 2009-11-02 | 0.2500 | 2.626050 |
| 2009-08-03 | 0.2500 | 2.093802 |
| 2009-05-01 | 0.2500 | 2.299908 |
| 2009-02-02 | 0.4800 | 4.646660 |
| 2008-11-03 | 0.4800 | 2.683063 |
| 2008-08-01 | 0.4800 | 2.479339 |
| 2008-05-01 | 0.4800 | 2.122016 |
| 2008-02-01 | 0.4750 | 2.154195 |
| 2007-11-01 | 0.4750 | 2.015274 |
| 2007-08-01 | 0.4750 | 1.702509 |
| 2007-05-01 | 0.4750 | 1.655052 |
| 2007-02-01 | 0.4700 | 1.659019 |
| 2006-11-01 | 0.4700 | 1.733678 |
| 2006-07-03 | 0.4700 | 1.804223 |
| 2006-04-03 | 0.4700 | 1.649123 |
| 2006-01-03 | 0.4600 | 1.627167 |
| 2005-10-03 | 0.4600 | 1.573187 |
| 2005-07-01 | 0.4600 | 1.448819 |
| 2005-04-01 | 0.4600 | 1.493992 |
| 2005-01-03 | 0.4500 | 1.387176 |
| 2004-10-01 | 0.4500 | 1.505017 |
| 2004-07-01 | 0.4500 | 1.440000 |
| 2004-04-01 | 0.4500 | 1.315789 |
| 2004-01-02 | 0.4400 | 1.453584 |
| 2003-10-01 | 0.4400 | 1.597676 |
| 2003-07-01 | 0.4400 | 1.606426 |
| 2003-04-01 | 0.4400 | 1.795918 |
| 2003-01-02 | 0.4200 | 1.787234 |
| 2002-10-01 | 0.4200 | 1.837270 |
| 2002-07-01 | 0.4100 | 1.790393 |
| 2002-04-01 | 0.4100 | 1.776430 |
| 2002-01-02 | 0.4100 | 1.714764 |
| 2001-10-01 | 0.4100 | 2.156760 |
| 2001-07-02 | 0.3900 | 1.719577 |
| 2001-04-02 | 0.3900 | 1.840491 |
| 2001-01-02 | 0.3900 | 2.163061 |
| 2000-10-02 | 0.3900 | 2.151724 |
| 2000-07-03 | 0.3750 | 1.960784 |
| 2000-04-03 | 0.3750 | 1.929260 |
| 2000-01-03 | 0.3630 | 1.916832 |
| 1999-10-01 | 0.3630 | 1.733731 |
| 1999-07-01 | 0.3500 | 1.428571 |
| 1999-04-01 | 0.3500 | 1.393035 |
| 1999-01-04 | 0.3250 | 1.323155 |
| 1998-10-01 | 0.3250 | 1.340206 |
| 1998-06-30 | 0.3200 | 1.158371 |
| 1998-04-01 | 0.3200 | 1.182448 |
| 1997-12-29 | 0.3200 | 1.245742 |
| 1997-10-01 | 0.3200 | 1.350923 |
| 1997-07-01 | 0.3125 | 1.451379 |
| 1997-04-01 | 0.3125 | 1.677852 |
| 1997-01-02 | 0.3125 | 1.748252 |
| 1996-10-01 | 0.3125 | 1.724138 |
| 1996-07-01 | 0.2875 | 1.548822 |
| 1996-04-01 | 0.2875 | 1.538462 |
| 1996-01-02 | 0.2875 | 1.569966 |
| 1995-10-02 | 0.2875 | 1.840000 |
| 1995-07-03 | 0.2810 | 1.784127 |
| 1995-04-03 | 0.2810 | 1.812903 |
| 1995-01-03 | 0.2810 | 1.929614 |
| 1994-10-03 | 0.2810 | 1.798400 |
| 1994-07-01 | 0.2500 | 1.556420 |
| 1994-04-04 | 0.2500 | 1.544402 |
| 1994-01-03 | 0.2500 | 1.459854 |
| 1993-10-01 | 0.2500 | 1.538462 |
| 1993-07-01 | 0.2310 | 1.540000 |
| 1993-04-01 | 0.2310 | 1.566102 |
| 1993-01-04 | 0.2310 | 1.680000 |
| 1992-10-01 | 0.2310 | 2.030769 |
| 1992-07-01 | 0.2000 | 2.051282 |
| 1992-04-01 | 0.2000 | 2.077922 |
| 1992-01-02 | 0.2000 | 2.222222 |
| 1991-10-01 | 0.2000 | 2.519685 |
| 1991-07-01 | 0.1810 | 2.177444 |
| 1991-04-01 | 0.1810 | 2.373770 |
| 1991-01-02 | 0.1810 | 2.784615 |
| 1990-10-01 | 0.1810 | 3.147826 |
| 1990-07-02 | 0.1560 | 2.521212 |
| 1990-04-02 | 0.1560 | 2.447059 |
| 1990-01-02 | 0.1560 | 2.332710 |
| 1989-10-02 | 0.1560 | 2.400000 |
| 1989-07-03 | 0.1385 | 2.435165 |
| 1989-04-03 | 0.1385 | 2.607059 |
| 1989-01-03 | 0.1350 | 2.734177 |
| 1988-10-03 | 0.1350 | 2.734177 |
| 1988-07-01 | 0.1350 | 2.700000 |
| 1988-04-04 | 0.1350 | 3.000000 |
| 1988-01-04 | 0.1310 | 3.082353 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.5048544 |
| Address1 | 8,701 Red Oak Boulevard |
| All Time High | 72.56 |
| All Time Low | 2.875 |
| Ask | 9.75 |
| Ask Size | 200 |
| Audit Risk | 5 |
| Average Analyst Rating | 2.1 - Buy |
| Average Daily Volume10 Day | 4,529,860 |
| Average Daily Volume3 Month | 2,525,159 |
| Average Volume | 2,525,159 |
| Average Volume10Days | 4,529,860 |
| Beta | 0.446 |
| Bid | 9.74 |
| Bid Size | 100 |
| Board Risk | 6 |
| Book Value | 1.121 |
| City | Charlotte |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 4 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 9.615 |
| Current Ratio | 0.42 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 10.02 |
| Day Low | 9.57 |
| Debt To Equity | 1,455.3 |
| Display Name | Six Flags Entertainment |
| Dividend Date | 1,718,755,200 |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,908,800 |
| Earnings Call Timestamp Start | 1,793,908,800 |
| Earnings Timestamp | 1,793,881,800 |
| Earnings Timestamp End | 1,793,881,800 |
| Earnings Timestamp Start | 1,793,881,800 |
| Ebitda | 793,822,016 |
| Ebitda Margins | 0.25956 |
| Enterprise To Ebitda | 7.944 |
| Enterprise To Revenue | 2.062 |
| Enterprise Value | 6,305,828,352 |
| Eps Current Year | -2.79708 |
| Eps Forward | 0.0266 |
| Eps Trailing Twelve Months | -17.31 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,717,545,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.1438 |
| Fifty Day Average Change | -4.5288 |
| Fifty Day Average Change Percent | -0.32019684 |
| Fifty Two Week Change Percent | -50.48544 |
| Fifty Two Week High | 27.37 |
| Fifty Two Week High Change | -17.755001 |
| Fifty Two Week High Change Percent | -0.648703 |
| Fifty Two Week Low | 9.57 |
| Fifty Two Week Low Change | 0.045000076 |
| Fifty Two Week Low Change Percent | 0.0047022025 |
| Fifty Two Week Range | 9.57 - 27.37 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 546,183,000,000 |
| Five Year Avg Dividend Yield | 5.71 |
| Float Shares | 86,668,055 |
| Forward Eps | 0.0266 |
| Forward P E | 361.46616 |
| Free Cashflow | 483,434,880 |
| Full Exchange Name | NYSE |
| Full Time Employees | 4,225 |
| Fullday Change | -1.7049999 |
| Fullday Change Percent | -14.303691 |
| Fullday Price | 9.615 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.38197 |
| Gross Profits | 1,168,221,952 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.02836 |
| Held Percent Institutions | 1.0782499 |
| Implied Shares Outstanding | 102,316,312 |
| Industry | Leisure |
| Industry Disp | Leisure |
| Industry Key | leisure |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,717,545,600 |
| Last Dividend Value | 0.3 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 879,811,200 |
| Last Split Factor | 2:1 |
| Long Business Summary | Six Flags Entertainment Corporation operates amusement parks and resort properties in North America. It operates amusement parks, water parks, and resorts in the United States, Mexico, and Canada. The company was formerly known as Cedar Fair, L.P. and changed its name to Six Flags Entertainment Corporation in July 2024. The company was founded in 1983 and is headquartered in Charlotte, North Carolina. |
| Long Name | Six Flags Entertainment Corporation |
| Market | us_market |
| Market Cap | 983,771,328 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_96760 |
| Most Recent Quarter | 1,782,604,800 |
| Name Change Date | 2,026-10-14 |
| Net Income To Common | -1,750,951,936 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,271,791,758 |
| Number Of Analyst Opinions | 13 |
| Open | 9.96 |
| Operating Cashflow | 471,220,000 |
| Operating Margins | 0.12994 |
| Overall Risk | 4 |
| Payout Ratio | 3.0 |
| Peg Ratio | 2.43 |
| Phone | 704 414 4700 |
| Prev Name | Cedar Fair, L.P. |
| Previous Close | 10.2 |
| Price Eps Current Year | -3.4375134 |
| Price Hint | 2 |
| Price To Book | 8.577163 |
| Price To Sales Trailing12 Months | 0.32166335 |
| Profit Margins | -0.57251 |
| Quick Ratio | 0.268 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.14286 |
| Region | US |
| Regular Market Change | -0.58500004 |
| Regular Market Change Percent | -5.735295 |
| Regular Market Day High | 10.02 |
| Regular Market Day Low | 9.57 |
| Regular Market Day Range | 9.57 - 10.02 |
| Regular Market Open | 9.96 |
| Regular Market Previous Close | 10.2 |
| Regular Market Price | 9.615 |
| Regular Market Time | 1,791,987,635 |
| Regular Market Volume | 1,094,913 |
| Return On Assets | 0.02437 |
| Return On Equity | -1.4315801 |
| Revenue Growth | -0.07 |
| Revenue Per Share | 30.198 |
| Sand P52 Week Change | 0.17004645 |
| Sector | Consumer Cyclical |
| Sector Disp | Consumer Cyclical |
| Sector Key | consumer-cyclical |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 102,316,312 |
| Shares Percent Shares Out | 0.2251 |
| Shares Short | 23,028,129 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 19,590,521 |
| Short Name | Six Flags Entertainment Corpora |
| Short Percent Of Float | 0.2715 |
| Short Ratio | 10.04 |
| Source Interval | 15 |
| State | NC |
| Symbol | FUN |
| Target High Price | 28.0 |
| Target Low Price | 10.0 |
| Target Mean Price | 20.38462 |
| Target Median Price | 22.0 |
| Total Cash | 134,712,992 |
| Total Cash Per Share | 1.317 |
| Total Debt | 5,157,263,872 |
| Total Revenue | 3,058,387,968 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -17.31 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 17.4383 |
| Two Hundred Day Average Change | -7.8232994 |
| Two Hundred Day Average Change Percent | -0.44862744 |
| Type Disp | Equity |
| Volume | 1,094,913 |
| Website | https://www.sixflags.com |
| Zip | 28,217 |