Seaworld Entertainment Declares Special Dividend of $0.20 (SEAS)

Seaworld Entertainment (NASDAQ:SEAS) announced a special dividend on Thursday, June 13th, Stock 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. The ex-dividend date is Tuesday, June 18th.

A number of analysts have recently weighed in on SEAS shares. Analysts at Lazard Capital Markets initiated coverage on shares of Seaworld Entertainment in a research note to investors on Thursday. They set a “neutral” rating on the stock. On a related note, 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. Finally, 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.

Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $40.14.

Seaworld Entertainment (NASDAQ: SEAS) traded up 1.37% on Thursday, hitting $37.13. Seaworld Entertainment has a 1-year low of $30.26 and a 1-year high of $39.65. The stock’s 50-day moving average is currently $35.77. The company has a market cap of $3.464 billion and a price-to-earnings ratio of 37.15.

Seaworld Entertainment (NASDAQ: SEAS) last issued its quarterly earnings data 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. On average, analysts predict that Seaworld Entertainment will post $1.12 earnings per share 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.