Seaworld Entertainment (NASDAQ:SEAS) declared a quarterly dividend on Tuesday, March 4th, American Banking News.com reports. Stockholders of record on Thursday, March 20th will be given a dividend of 0.20 per share on Tuesday, April 1st. This represents a $0.80 dividend on an annualized basis and a yield of 2.33%.
On the ratings front, analysts at Zacks downgraded shares of Seaworld Entertainment from an “outperform” rating to a “neutral” rating in a research note on Wednesday, January 15th. They now have a $36.00 price target on the stock. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $39.12.
Shares of Seaworld Entertainment (NASDAQ:SEAS) opened at 34.40 on Wednesday. Seaworld Entertainment has a 1-year low of $27.48 and a 1-year high of $39.65. The stock’s 50-day moving average is $32.69 and its 200-day moving average is $30.8. The company has a market cap of $3.157 billion and a P/E ratio of 53.85.
In other Seaworld Entertainment news, Insider Daniel Bruce Brown unloaded 2,000 shares of the company’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $33.75, for a total value of $67,500.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
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.
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