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

Lucky Strike Entertainment (NYSE:LUCK) declared a quarterly dividend on Wednesday, February 5th,RTT News reports. Shareholders 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 Stock Performance

Shares of LUCK traded up $0.15 during midday 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. Lucky Strike Entertainment has a one year low of $9.61 and a one year high of $15.47. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of -18.13 and a beta of 0.77.

Lucky Strike Entertainment (NYSE:LUCK) last issued its earnings results on Wednesday, February 5th. The company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates 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, research analysts forecast that Lucky Strike Entertainment will post 0.45 EPS for the current fiscal year.

Analysts Set New Price Targets

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

About Lucky Strike Entertainment

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.