|Bid||18.10 x 800|
|Ask||18.87 x 800|
|Day's Range||17.42 - 18.69|
|52 Week Range||6.75 - 36.96|
|Beta (5Y Monthly)||2.11|
|PE Ratio (TTM)||20.71|
|Earnings Date||Aug. 04, 2020 - Aug. 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep. 27, 2016|
|1y Target Est||18.55|
Universal Orlando wants to reopen to day guests in two weeks. Don't expect Mickey Mouse to be as aggressive.
Universal Orlando will be the first major theme-park operator to present plans to reopen in Florida on Thursday, but Disney World and SeaWorld Orlando should follow soon.
Central Florida theme park operators can start submitting their reopening plans, but it's not as easy as it seems.
(Bloomberg) -- Florida Governor Ron DeSantis asked theme parks to submit plans to the state on how to safely reopen, boosting the shares of Walt Disney Co. and SeaWorld Entertainment Inc.Speaking Friday in Jacksonville, DeSantis said park operators should identify a date for reopening and provide details on how they’ll protect guests and staff from Covid-19. Before submitting plans to the state, DeSantis said they must be endorsed by a local official such as a mayor.Orlando is the theme-park capital of the world, with multiple resorts operated by Disney, Comcast Corp.’s Universal Studios and SeaWorld. Nationally, all three companies, and smaller players like Cedar Fair LP and Six Flags Entertainment Corp., were shut down by the Covid-19 outbreak and are facing a summer of reduced traffic and closure in some places.“My goal on all of this is, let’s keep safety first, but let’s work and innovate to get to yes on this stuff,” DeSantis told reporters. “I can’t tell you when this is going to be. But I think that we need to say, ‘Come up with your plan and show us what you got.’”Shares of SeaWorld surged 7.6% to $13.80 at the close in New York, while Disney rose 3% to $109.05 and Cedar Fair gained 2.4% to $25.10.Orange County, Florida, Mayor Jerry Demings -- whose jurisdiction includes Orlando -- said in a press conference Friday afternoon that he’s had conversations with the theme-park operators, but hasn’t received plans from them to reopen. The mayor said it would likely be June or later before they open.“Suffice it to say they’re looking at later dates to reopen, and I believe that what we can expect or anticipate in our community is a measured reopening,” Demings said. “They will likely start with smaller business units, maybe hotels and resort-type areas, before the major massive theme parks themselves will reopen. But in either case clearly that is going to be sometime in June or thereafter.”Florida RestartsDeSantis made his remarks as part of a broader announcement about reopening the state’s economy. Beginning Monday, DeSantis will allow gyms to reopen. Retailers and restaurants can operate at 50% indoor capacity, up from a previous 25%.Businesses began reopening last week, with the governor saying the local health-care system had held up and the Sunshine State dodged worst-case scenarios predicted by some analysts. He said Friday that ventilator use and Covid-19 patients in intensive-care units have both declined significantly since the start of Florida’s stay-home order on April 3.“The American people never signed up for a perpetual shelter in place,” DeSantis said.(Updates with Orange County mayor’s comments in fifth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Joining me this morning are Marc Swanson, interim chief executive officer; and Elizabeth Gulacsy, chief accounting officer and interim chief financial officer and treasurer. This morning, we will review our first-quarter financial results, and then we will open up the call to your questions. Before we begin, I would like to remind everyone that our comments today will contain forward-looking statements within the meaning of the federal securities laws.
SeaWorld (SEAS) delivered earnings and revenue surprises of 26.53% and 1.96%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Six Flags is requiring online reservations. Cedar Point is selling two years of access for the price of one. Disney, SeaWorld, and Universal are bracing for dramatically lower capacity levels to satisfy social distancing.
Comcast offers up a lot of info on its now shuttered theme parks business, just before Disney and SeaWorld post fresh financials in the new trading week.
SeaWorld (SEAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Although investors have become increasingly bullish on amusement park owners of late, medical news was probably behind the current advance.
Amusement parks got a shot in the arm as investors started to think about a future beyond the COVID-19 shutdown.
Wedbush Leisure Analyst James Hardiman joins Yahoo Finance’s Seana Smith to discuss how the coronavirus is impacting the cruise line industry.
SeaWorld (SEAS) delivered earnings and revenue surprises of 400.00% and 3.09%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Leisure stocks fourth quarter 2019 results are likely to have benefited from steady rise in wages, lower unemployment and increased demand for leisure products and services.
The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NYSE: SEAS shares. Investors, who purchased shares of SeaWorld Entertainment Inc (SEAS) in the March 2013 initial public offering (“IPO”) or shortly thereafter and continue to hold any of their NYSE: SEAS shares, have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554. On September 9, 2014, a lawsuit was filed against SeaWorld Entertainment Inc over alleged securities laws violations.
Adtalem Global Education's (ATGE) second-quarter fiscal 2020 earnings are likely to have been hurt by increased marketing spend and restructuring expenses.