FY2025 Earnings Estimate for LYV Issued By Seaport Res Ptn

Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) - Equities research analysts at Seaport Res Ptn raised their FY2025 earnings per share (EPS) estimates for shares of Live Nation Entertainment in a report released on Sunday, June 29th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings of $3.21 per share for the year, up from their previous forecast of $3.05. The consensus estimate for Live Nation Entertainment's current full-year earnings is $2.38 per share. Seaport Res Ptn also issued estimates for Live Nation Entertainment's Q4 2025 earnings at $0.17 EPS.

A number of other research firms have also issued reports on LYV. Wolfe Research upped their target price on Live Nation Entertainment from $160.00 to $168.00 and gave the company an "outperform" rating in a research note on Tuesday, June 10th. Roth Mkm reduced their target price on Live Nation Entertainment from $174.00 to $164.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Guggenheim reaffirmed a "buy" rating and issued a $170.00 target price on shares of Live Nation Entertainment in a research note on Wednesday, June 18th. Rosenblatt Securities reduced their target price on Live Nation Entertainment from $174.00 to $170.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Finally, Benchmark reaffirmed a "buy" rating and issued a $178.00 target price on shares of Live Nation Entertainment in a research note on Tuesday, April 1st. One equities research analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $165.24.

Live Nation Entertainment Price Performance

LYV stock traded up $0.16 on Wednesday, reaching $149.27. The company had a trading volume of 925,403 shares, compared to its average volume of 2,336,666. Live Nation Entertainment has a 1 year low of $87.33 and a 1 year high of $157.75. The company has a debt-to-equity ratio of 7.43, a quick ratio of 0.96 and a current ratio of 0.96. The company's fifty day moving average is $142.53 and its 200 day moving average is $137.05. The company has a market cap of $34.60 billion, a P/E ratio of 50.95, a PEG ratio of 5.79 and a beta of 1.45.

Live Nation Entertainment (NYSE:LYV - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.29). The firm had revenue of $3.38 billion for the quarter, compared to analysts' expectations of $3.63 billion. Live Nation Entertainment had a return on equity of 125.77% and a net margin of 4.28%. Live Nation Entertainment's revenue was down 11.0% compared to the same quarter last year. During the same period last year, the firm earned $0.60 EPS.

Insider Activity at Live Nation Entertainment

In other news, EVP John Hopmans sold 34,808 shares of the company's stock in a transaction on Friday, May 16th. The stock was sold at an average price of $147.38, for a total transaction of $5,130,003.04. Following the completion of the sale, the executive vice president directly owned 189,456 shares in the company, valued at $27,922,025.28. This represents a 15.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 3.01% of the stock is currently owned by insiders.

Institutional Trading of Live Nation Entertainment

Several large investors have recently added to or reduced their stakes in the stock. Central Pacific Bank Trust Division increased its holdings in Live Nation Entertainment by 1.8% in the 2nd quarter. Central Pacific Bank Trust Division now owns 5,521 shares of the company's stock valued at $835,000 after purchasing an additional 97 shares in the last quarter. AG2R LA Mondiale Gestion D Actifs acquired a new stake in Live Nation Entertainment in the 1st quarter valued at $915,000. Voya Investment Management LLC grew its stake in shares of Live Nation Entertainment by 7.4% during the first quarter. Voya Investment Management LLC now owns 191,031 shares of the company's stock valued at $24,945,000 after acquiring an additional 13,128 shares in the last quarter. First Hawaiian Bank grew its stake in shares of Live Nation Entertainment by 6.6% during the first quarter. First Hawaiian Bank now owns 9,024 shares of the company's stock valued at $1,178,000 after acquiring an additional 558 shares in the last quarter. Finally, Anderson Financial Strategies LLC grew its stake in shares of Live Nation Entertainment by 26.9% during the first quarter. Anderson Financial Strategies LLC now owns 13,578 shares of the company's stock valued at $1,773,000 after acquiring an additional 2,880 shares in the last quarter. 74.52% of the stock is currently owned by institutional investors and hedge funds.

About Live Nation Entertainment

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.