Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) - Investment analysts at Zacks Research dropped their FY2025 earnings per share (EPS) estimates for shares of Live Nation Entertainment in a report issued on Monday, April 22nd. Zacks Research analyst R. Department now expects that the company will earn $1.82 per share for the year, down from their previous forecast of $1.93. The consensus estimate for Live Nation Entertainment's current full-year earnings is $1.63 per share. Zacks Research also issued estimates for Live Nation Entertainment's FY2026 earnings at $2.45 EPS.
Live Nation Entertainment (NYSE:LYV - Get Free Report) last released its quarterly earnings results on Thursday, February 22nd. The company reported ($1.22) earnings per share for the quarter, missing the consensus estimate of ($1.13) by ($0.09). The firm had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $4.72 billion. Live Nation Entertainment had a net margin of 2.48% and a return on equity of 118.42%.
LYV has been the subject of several other reports. Morgan Stanley upped their price objective on Live Nation Entertainment from $110.00 to $120.00 and gave the stock an "overweight" rating in a research note on Friday, February 23rd. Rosenblatt Securities reduced their price objective on Live Nation Entertainment from $124.00 to $119.00 and set a "buy" rating for the company in a research note on Thursday, April 11th. TD Cowen reiterated a "buy" rating and issued a $108.00 price target on shares of Live Nation Entertainment in a research note on Tuesday, April 16th. Oppenheimer increased their price target on Live Nation Entertainment from $105.00 to $115.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 21st. Finally, JPMorgan Chase & Co. increased their price target on Live Nation Entertainment from $124.00 to $126.00 and gave the stock an "overweight" rating in a research note on Friday, February 23rd. One research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat, Live Nation Entertainment presently has a consensus rating of "Moderate Buy" and a consensus price target of $116.30.
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Live Nation Entertainment Stock Performance
Shares of NYSE:LYV traded up $1.63 during midday trading on Tuesday, hitting $90.08. The company had a trading volume of 2,133,468 shares, compared to its average volume of 2,295,083. The company has a debt-to-equity ratio of 9.30, a current ratio of 0.96 and a quick ratio of 0.96. The company has a market cap of $20.79 billion, a price-to-earnings ratio of 67.73 and a beta of 1.30. Live Nation Entertainment has a 12-month low of $64.96 and a 12-month high of $107.24. The company has a fifty day moving average of $99.04 and a two-hundred day moving average of $91.54.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Creative Financial Designs Inc. ADV lifted its stake in Live Nation Entertainment by 148.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 335 shares of the company's stock worth $31,000 after purchasing an additional 200 shares during the last quarter. Raleigh Capital Management Inc. bought a new stake in Live Nation Entertainment in the third quarter worth about $33,000. Rise Advisors LLC lifted its stake in Live Nation Entertainment by 90.3% in the first quarter. Rise Advisors LLC now owns 335 shares of the company's stock worth $35,000 after purchasing an additional 159 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in shares of Live Nation Entertainment by 9,800.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 495 shares of the company's stock valued at $41,000 after acquiring an additional 490 shares in the last quarter. Finally, Tobam bought a new stake in shares of Live Nation Entertainment during the fourth quarter valued at approximately $59,000. Institutional investors own 74.52% of the company's stock.
Insider Activity at Live Nation Entertainment
In related news, Director Jeffrey T. Hinson sold 1,001 shares of the stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $100.50, for a total value of $100,600.50. Following the completion of the transaction, the director now owns 59,374 shares of the company's stock, valued at approximately $5,967,087. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.85% of the stock is owned by insiders.
Live Nation Entertainment Company Profile
(
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Live Nation Entertainment, Inc operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists.
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