Lucky Strike Entertainment Plans Quarterly Dividend of $0.06 (NYSE:LUCK)

Lucky Strike Entertainment (NYSE:LUCK) declared a quarterly dividend on Tuesday, May 5th. Investors of record on Friday, May 22nd will be given a dividend of 0.06 per share on Friday, June 5th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, May 22nd.

Lucky Strike Entertainment Trading Down 0.6%

LUCK stock opened at $7.78 on Wednesday. Lucky Strike Entertainment has a 12 month low of $5.70 and a 12 month high of $11.61. The company has a 50-day moving average price of $8.23 and a 200 day moving average price of $8.30. The stock has a market cap of $1.07 billion, a PE ratio of -11.97 and a beta of 0.60.

Lucky Strike Entertainment (NYSE:LUCK) last posted its quarterly earnings data on Wednesday, February 4th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.14). The company had revenue of $306.86 million during the quarter, compared to the consensus estimate of $313.83 million.

Wall Street Analyst Weigh In

LUCK has been the subject of a number of recent analyst reports. Wall Street Zen cut Lucky Strike Entertainment from a “hold” rating to a “sell” rating in a report on Saturday, January 31st. Canaccord Genuity Group set a $13.00 price objective on Lucky Strike Entertainment in a report on Thursday, February 5th. Roth Mkm restated a “neutral” rating and set a $7.50 price objective on shares of Lucky Strike Entertainment in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. cut shares of Lucky Strike Entertainment from a “neutral” rating to an “underweight” rating and lowered their price objective for the company from $8.00 to $6.00 in a research report on Thursday, April 23rd. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $11.08.

Lucky Strike Entertainment Company Profile

Lucky Strike Entertainment Corp. engages in operating bowling centers. It offers entertainment concepts with lounge seating, arcades, food and beverage offerings, and hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. The company was founded by Thomas F. Shannon in 1997 and is headquartered in Mechanicsville, VA.