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

Lucky Strike Entertainment (NYSE:LUCK) declared a quarterly dividend on Thursday, August 27th. Stockholders of record on Tuesday, September 8th will be paid a dividend of 0.06 per share on Tuesday, September 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Tuesday, September 8th.

Lucky Strike Entertainment Stock Down 7.2%

Shares of LUCK stock opened at $6.26 on Friday. The stock has a market cap of $854.69 million, a P/E ratio of -10.09 and a beta of 0.63. Lucky Strike Entertainment has a fifty-two week low of $5.52 and a fifty-two week high of $11.19. The business has a fifty day simple moving average of $7.12 and a 200-day simple moving average of $7.82.

Lucky Strike Entertainment (NYSE:LUCK) last released its quarterly earnings data on Thursday, August 27th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.15). The company had revenue of $303.95 million for the quarter, compared to analyst estimates of $311.30 million. On average, sell-side analysts anticipate that Lucky Strike Entertainment will post -0.2 earnings per share for the current year.

Institutional Investors Weigh In On Lucky Strike Entertainment

Large investors have recently added to or reduced their stakes in the stock. State of Wyoming acquired a new position in shares of Lucky Strike Entertainment during the fourth quarter valued at $74,000. Bank of America Corp DE bought a new stake in Lucky Strike Entertainment in the 2nd quarter valued at about $94,000. Invesco Ltd. acquired a new position in Lucky Strike Entertainment during the 2nd quarter valued at about $114,000. Jain Global LLC acquired a new position in Lucky Strike Entertainment during the 3rd quarter valued at about $121,000. Finally, XTX Topco Ltd bought a new position in Lucky Strike Entertainment in the 2nd quarter worth about $123,000. 68.11% of the stock is owned by institutional investors and hedge funds.

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.