Seaworld Entertainment Declares Quarterly Dividend of $0.20 (SEAS)

Seaworld Entertainment (NASDAQ:SEAS) announced a quarterly dividend on Wednesday, June 12th, Analyst Ratings Network.com reports. Shareholders of record on Thursday, June 20th will be paid a dividend of $0.20 per share on Monday, July 1st. This represents a $0.80 annualized dividend and a dividend yield of 2.18%.

A number of research firms have also recently commented on SEAS. Analysts at Wells Fargo initiated coverage on shares of Seaworld Entertainment in a research note to investors on Tuesday, June 4th. They set an “outperform” rating on the stock. On a related note, analysts at Barclays Capital initiated coverage on shares of Seaworld Entertainment in a research note to investors on Friday, May 31st. They set an “overweight” rating and a $40.00 price target on the stock. Finally, analysts at Macquarie initiated coverage on shares of Seaworld Entertainment in a research note to investors on Wednesday, May 29th. They set an “outperform” rating on the stock.

Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $40.14.

Seaworld Entertainment (NASDAQ: SEAS) opened at 36.63 on Thursday. Seaworld Entertainment has a 52-week low of $30.26 and a 52-week high of $39.65. The stock’s 50-day moving average is currently $35.77. The company has a market cap of $3.418 billion and a price-to-earnings ratio of 37.15.

Seaworld Entertainment (NASDAQ: SEAS) last announced its earnings results on Wednesday, May 22nd. The company reported ($0.49) earnings per share (EPS) for the quarter. The company had revenue of $238.60 million for the quarter, compared to the consensus estimate of $212.44 million. Analysts expect that Seaworld Entertainment will post $1.12 EPS for the current fiscal year.

SeaWorld Entertainment, Inc. is a theme park and entertainment company. The Company is engaged in delivering personal, interactive and educational experiences that blend imagination with nature and enable its customers to celebrate, connect with and care for the natural world.