SIX Six Flags Entertainment

Six Flags Entertainment Corporation is the world's largest regional theme park company and the largest operator of waterparks in North America, with 26 parks across the United States, Mexico and Canada. For 59 years, Six Flags has entertained millions of families with world-class coasters, themed rides, thrilling waterparks and unique attractions.
Company profile
Ticker
SIX
Exchange
Website
CEO
Michael Spanos
Employees
Location
Fiscal year end
Industry (SIC)
Former names
PREMIER PARKS INC, SIX FLAGS INC, SIX FLAGS, INC., TIERCO GROUP INC/DE/
SEC CIK
Corporate docs
IRS number
133995059
SIX stock data
()
News
Why Benzinga's Founder Expects Six Flags To Reach $60 By August
16 Apr 21
Six Flags Announces Reopening of Six Flags Great America Parks
22 Mar 21
Six Flags Magic Mountain Announces April 1 Re-Opening
18 Mar 21
Stocks That Hit 52-Week Highs On Monday
15 Mar 21
The SPAC Investment That Bill Gates, Peyton Manning Have In Common
8 Mar 21
Press releases
Six Flags Sets Date to Announce First Quarter 2021 Earnings
7 Apr 21
Six Flags Announces Reopening of Six Flags Great America Parks
22 Mar 21
Six Flags Announces Reopening of California and Mexico Theme Parks
18 Mar 21
Six Flags Nominates Denise M. Clark as Independent Director to Join Board
12 Mar 21
Six Flags Entertainment Corp. to Host Earnings Call
24 Feb 21
Investment data
Securities sold
Number of investors
Calendar
25 Feb 21
17 Apr 21
31 Dec 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 157.76M | 157.76M | 157.76M | 157.76M | 157.76M | 157.76M |
Cash burn (monthly) | 18.72M | 1.37M | 37.59M | 43.59M | 12.31M | 15.91M |
Cash used (since last report) | 66.8M | 4.88M | 134.18M | 155.57M | 43.92M | 56.77M |
Cash remaining | 90.96M | 152.88M | 23.58M | 2.19M | 113.84M | 100.99M |
Runway (months of cash) | 4.9 | 111.7 | 0.6 | 0.1 | 9.3 | 6.3 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 21 | Kurt Matthew Cellar | Common Stock, par value $0.025 per share | Sell | Dispose S | Yes | No | 50.2772 | 500 | 25.14K | 500 |
15 Mar 21 | Kurt Matthew Cellar | Common Stock, par value $0.025 per share | Sell | Dispose S | Yes | No | 50.2908 | 500 | 25.15K | 500 |
15 Mar 21 | Kurt Matthew Cellar | Common Stock, par value $0.025 per share | Sell | Dispose S | Yes | No | 50.366 | 1,500 | 75.55K | 1,500 |
15 Mar 21 | Kurt Matthew Cellar | Common Stock, par value $0.025 per share | Sell | Dispose S | Yes | No | 50.2606 | 2,000 | 100.52K | 3,000 |
9 Mar 21 | Kurt Matthew Cellar | Common Stock, par value $0.025 per share | Sell | Dispose S | No | No | 49.4623 | 11,500 | 568.82K | 56,503 |
8 Mar 21 | Spanos Mike | Common Stock, par value $0.025 per share | Grant | Aquire A | No | No | 0 | 34,972 | 0 | 420,544 |
8 Mar 21 | Kurt Matthew Cellar | Common Stock, par value $0.025 per share | Sell | Dispose S | No | No | 50.105 | 13,500 | 676.42K | 68,003 |
8 Mar 21 | Brooks Wilson Taylor | Common Stock, par value $0.025 per share | Grant | Aquire A | No | No | 0 | 1,613 | 0 | 14,932 |
8 Mar 21 | Sandeep Reddy | Common Stock, par value $0.025 per share | Grant | Aquire A | No | No | 0 | 7,993 | 0 | 98,583 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
84.9% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 271 |
Opened positions | 57 |
Closed positions | 38 |
Increased positions | 68 |
Reduced positions | 90 |
13F shares |
Current |
---|---|
Total value | 2.49B |
Total shares | 72.48M |
Total puts | 1.06M |
Total calls | 3.68M |
Total put/call ratio | 0.3 |
Largest owners |
Shares | Value |
---|---|---|
H Partners Management | 7.8M | $265.98M |
Vanguard | 7.09M | $241.88M |
BLK Blackrock | 6.62M | $225.6M |
Samlyn Capital | 4.15M | $141.62M |
Capital International Investors | 2.68M | $91.37M |
Thunderbird Partners | 2.5M | $85.27M |
Jericho Capital Asset Management | 1.91M | $65.22M |
STT State Street | 1.88M | $64.13M |
Kohlberg Kravis Roberts & Co. | 1.86M | $63.38M |
EMS Capital | 1.73M | $58.89M |
Financial report summary
?Management Discussion
- Revenue for the year ended December 31, 2020, totaled $356.6 million, a 76% decrease compared to $1,487.6 million for the year ended December 31, 2019. The decrease was driven primarily by a 79% decrease in attendance due to the ongoing COVID-19 pandemic, including as a result of the temporary suspension of operations of our theme parks and waterparks on March 13, 2020, and the limited capacity at our parks that operated during 2020. The decrease in revenue was also attributable to a decrease in sponsorship, international agreements and accommodations revenue, due primarily to the termination of our contracts in China and Dubai, which generated revenue in the comparable prior year period, and reduced revenue from sponsorships and the suspension of nearly all of our accommodations operations due to the COVID-19 pandemic.
Content analysis
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H.S. sophomore Avg
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Financial reports
10-K
2020 FY
Annual report
25 Feb 21
10-Q
2020 Q3
Quarterly report
28 Oct 20
10-Q
2020 Q2
Quarterly report
29 Jul 20
10-Q
2020 Q1
Quarterly report
30 Apr 20
10-K
2019 FY
Annual report
20 Feb 20
10-Q
2019 Q3
Quarterly report
23 Oct 19
10-Q
2019 Q2
Quarterly report
24 Jul 19
10-Q
2019 Q1
Quarterly report
24 Apr 19
10-K
2018 FY
Annual report
19 Feb 19
10-Q
2018 Q3
Quarterly report
24 Oct 18
Current reports
8-K
Other Events
29 Mar 21
8-K
Other Events
12 Mar 21
8-K
Six Flags Announces Fourth Quarter and Full Year 2020 Performance
24 Feb 21
8-K
Departure of Directors or Certain Officers
12 Feb 21
8-K
Entry into a Material Definitive Agreement
28 Dec 20
8-K
Six Flags Announces Third Quarter 2020 Earnings
28 Oct 20
8-K
Other Events
13 Oct 20
8-K/A
Departure of Directors or Certain Officers
11 Sep 20
8-K/A
Regulation FD Disclosure
27 Aug 20
8-K
Departure of Directors or Certain Officers
27 Aug 20
Registration and prospectus
8-A12B/A
Registration of securities on exchange (amended)
1 Apr 21
8-A12B
Registration of securities on exchange
31 Mar 20
S-8
Registration of securities for employees
27 Jul 17
S-3ASR
Automatic shelf registration
15 Jun 17
S-8
Registration of securities for employees
30 Jul 15
S-3ASR
Automatic shelf registration
19 Jun 14
S-8
Registration of securities for employees
1 May 12
S-3ASR
Automatic shelf registration
20 Jun 11
S-8
Registration of securities for employees
11 Nov 10
S-8
Registration of securities for employees
5 Aug 10
Proxies
DEFA14A
Additional proxy soliciting materials
29 Mar 21
DEFA14A
Additional proxy soliciting materials
23 Mar 21
DEF 14A
Definitive proxy
23 Mar 21
PRE 14A
Preliminary proxy
12 Mar 21
DEFA14A
Additional proxy soliciting materials
13 Apr 20
DEFA14A
Additional proxy soliciting materials
19 Mar 20
DEF 14A
Definitive proxy
19 Mar 20
DEFA14A
Additional proxy soliciting materials
19 Mar 19
DEF 14A
Definitive proxy
19 Mar 19
DEF 14A
Definitive proxy
19 Mar 18
Other
UPLOAD
Letter from SEC
28 Oct 18
UPLOAD
Letter from SEC
20 Nov 16
CORRESP
Correspondence with SEC
21 Sep 16
UPLOAD
Letter from SEC
12 Sep 16
CORRESP
Correspondence with SEC
23 Aug 16
UPLOAD
Letter from SEC
10 Aug 16
CORRESP
Correspondence with SEC
27 Jun 16
UPLOAD
Letter from SEC
14 Jun 16
UPLOAD
Letter from SEC
25 Jun 15
CORRESP
Correspondence with SEC
2 Jun 15
Ownership
4
Six Flags Entertainment / Kurt Matthew Cellar ownership change
16 Mar 21
4/A
Six Flags Entertainment / Wilson Taylor Brooks ownership change
12 Mar 21
4
Six Flags Entertainment / Laura W Doerre ownership change
10 Mar 21
4
Six Flags Entertainment / Reddy Sandeep ownership change
10 Mar 21
4
Six Flags Entertainment / Wilson Taylor Brooks ownership change
10 Mar 21
4
Six Flags Entertainment / Kurt Matthew Cellar ownership change
10 Mar 21
4
Six Flags Entertainment / Mike Spanos ownership change
10 Mar 21
SC 13G/A
Six Flags Entertainment / Capital Research Global Investors ownership change
16 Feb 21
SC 13G/A
Six Flags Entertainment / VANGUARD ownership change
10 Feb 21
4
Six Flags Entertainment / B BEN BALDANZA ownership change
2 Feb 21
Transcripts
2020 Q4
Earnings call transcript
24 Feb 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
29 Jul 20
2020 Q1
Earnings call transcript
30 Apr 20
2019 Q4
Earnings call transcript
20 Feb 20
2019 Q3
Earnings call transcript
23 Oct 19
2019 Q2
Earnings call transcript
24 Jul 19
2019 Q1
Earnings call transcript
24 Apr 19
2018 Q4
Earnings call transcript
14 Feb 19
2018 Q3
Earnings call transcript
24 Oct 18
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