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

Lucky Strike Entertainment (NYSE:LUCK) declared a quarterly dividend on Wednesday, February 5th,RTT News reports. Investors of record on Friday, February 21st will be given a dividend of 0.055 per share on Friday, March 7th. This represents a $0.22 annualized dividend and a yield of 1.99%.

Lucky Strike Entertainment Price Performance

Shares of LUCK stock traded up $0.15 during mid-day trading on Wednesday, hitting $11.06. The company’s stock had a trading volume of 33,152 shares, compared to its average volume of 467,715. The stock has a market capitalization of $1.62 billion, a P/E ratio of -18.13 and a beta of 0.77. Lucky Strike Entertainment has a 52-week low of $9.61 and a 52-week high of $15.47.

Lucky Strike Entertainment (NYSE:LUCK) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. Lucky Strike Entertainment had a negative net margin of 6.63% and a negative return on equity of 31.58%. As a group, analysts anticipate that Lucky Strike Entertainment will post 0.45 earnings per share for the current year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a $12.00 target price (down previously from $15.00) on shares of Lucky Strike Entertainment in a research note on Friday, January 17th.

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.