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n September 26, 2025, Land & Buildings Investment Management publicly urged Six Flags Entertainment to unlock value by divesting or spinning off its extensive real‑estate portfolio, proposing a REIT structure or courting buyers such as VICI Properties and private‑equity firms. The call follows the turbulence surrounding Six Flags’ merger with Cedar Fair and reflects growing investor demand for a fundamental corporate overhaul amid mounting financial concerns.

    Monetizing the parks’ land could ease debt pressure and improve cash flow, potentially accelerating the company’s long‑term growth narrative. Yet the proposal also highlights persistent risks: high leverage, earnings volatility, and weather‑related revenue swings that remain the most immediate catalysts for instability.

    In parallel, Six Flags’ recent extension of its Peanuts licensing agreement through 2030 reinforces its family‑friendly brand, supporting attendance and merchandise sales—key levers as the company pushes operational improvements. Investors must weigh whether the real‑estate sale will truly offset the risks posed by rising interest rates and fluctuating revenue streams.

    The company projects $3.7 billion in revenue and $269.4 million in earnings by 2028, based on a 5.0 % annual growth rate and a $753 million earnings lift from the current $‑483.6 million loss. This outlook yields a fair‑value estimate of $31.23 per share, implying a 43 % upside to the current price.

    Community analysts on Simply Wall St offer a range of fair‑value estimates—from $31.23 to $73.01 per share—underscoring the potential upside while reminding investors of the lingering debt burden and sensitivity to revenue shocks. A deeper dive into alternative valuations suggests that the stock’s true worth may hover near the lower end of this spectrum.

    Rare‑earth metals are the new gold rush, with 31 stocks leading the charge—an unrelated but noteworthy trend in the broader investment landscape.

    In summary, Land & Buildings’ push to monetize Six Flags’ real‑estate assets could provide a much‑needed debt‑relief mechanism, but it does not eliminate core risks tied to leverage, weather, and interest rates. Investors should consider the company’s optimistic revenue trajectory, the reinforcing Peanuts partnership, and the wide spread in fair‑value estimates before forming a definitive outlook.