SeaWorld Entertainment (SEAS): Dividend Cut Was Telegraphed - FBR

September 20, 2016 6:55 AM EDT
Get Alerts SEAS Hot Sheet
Price: $18.67 --0%

Rating Summary:
    6 Buy, 9 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 6 | Down: 10 | New: 6
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FBR Capital analyst, Barton Crockett, reiterated his Outperform rating on SeaWorld Entertainment (NYSE: SEAS) believing that the dividend cut being out of the way may bring value investors to table.

The analyst believes that the CEO had telegraphed limited support for the dividend on the 2Q16 earnings call, and investors reacted accordingly. No change to the price target of $15.

For an analyst ratings summary and ratings history on SeaWorld Entertainment click here. For more ratings news on SeaWorld Entertainment click here.

Shares of SeaWorld Entertainment closed at $12.69 yesterday.

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