FY2025 EPS Estimates for TKO Group Cut by Seaport Res Ptn

TKO Group Holdings, Inc. (NYSE:TKO - Free Report) - Equities researchers at Seaport Res Ptn dropped their FY2025 earnings per share (EPS) estimates for TKO Group in a research report issued on Friday, July 11th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings of $1.77 per share for the year, down from their previous forecast of $1.78. The consensus estimate for TKO Group's current full-year earnings is $3.88 per share. Seaport Res Ptn also issued estimates for TKO Group's FY2026 earnings at $3.42 EPS.

TKO Group (NYSE:TKO - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.55 by $0.14. TKO Group had a return on equity of 2.52% and a net margin of 4.98%. The business had revenue of $1.27 billion during the quarter, compared to analysts' expectations of $1.07 billion. During the same period in the previous year, the business earned ($1.26) earnings per share. The firm's revenue was up 3.8% on a year-over-year basis.

Several other equities research analysts have also issued reports on the company. JPMorgan Chase & Co. lifted their price target on TKO Group from $158.00 to $182.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 21st. The Goldman Sachs Group lifted their price target on TKO Group from $170.00 to $188.00 and gave the stock a "buy" rating in a research note on Monday, May 12th. Susquehanna began coverage on TKO Group in a research note on Monday, April 28th. They set a "positive" rating and a $180.00 price target for the company. Sanford C. Bernstein began coverage on TKO Group in a research note on Wednesday, June 4th. They set an "outperform" rating and a $190.00 price target for the company. Finally, Northcoast Research lowered TKO Group from a "buy" rating to a "neutral" rating in a research note on Thursday. Three investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, TKO Group has an average rating of "Moderate Buy" and an average target price of $168.08.

TKO Group Price Performance

TKO stock traded up $2.28 during mid-day trading on Monday, hitting $174.28. 756,170 shares of the stock were exchanged, compared to its average volume of 1,343,744. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.25 and a quick ratio of 1.25. The business has a fifty day moving average price of $167.59 and a 200 day moving average price of $157.35. TKO Group has a 12 month low of $102.46 and a 12 month high of $182.60. The stock has a market capitalization of $34.49 billion, a price-to-earnings ratio of 88.47 and a beta of 0.73.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in TKO. Vanguard Group Inc. raised its position in shares of TKO Group by 19.4% in the 1st quarter. Vanguard Group Inc. now owns 7,976,904 shares of the company's stock worth $1,218,951,000 after acquiring an additional 1,295,817 shares in the last quarter. Invesco Ltd. raised its position in shares of TKO Group by 569.7% in the 1st quarter. Invesco Ltd. now owns 1,423,052 shares of the company's stock worth $217,457,000 after acquiring an additional 1,210,563 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in TKO Group by 242.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,496,462 shares of the company's stock valued at $228,675,000 after buying an additional 1,059,636 shares in the last quarter. Norges Bank bought a new position in TKO Group during the 4th quarter valued at approximately $104,613,000. Finally, Ameriprise Financial Inc. increased its position in TKO Group by 57.3% during the 4th quarter. Ameriprise Financial Inc. now owns 1,678,258 shares of the company's stock valued at $238,574,000 after buying an additional 611,178 shares in the last quarter. Institutional investors own 89.79% of the company's stock.

Insider Activity at TKO Group

In other news, major shareholder Lake West Voteco L.L.C Silver bought 1,579,080 shares of TKO Group stock in a transaction on Tuesday, June 3rd. The shares were purchased at an average price of $158.32 per share, for a total transaction of $249,999,945.60. Following the acquisition, the insider owned 4,158,517 shares of the company's stock, valued at approximately $658,376,411.44. The trade was a 61.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Nick Khan sold 9,519 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $158.46, for a total value of $1,508,380.74. Following the completion of the transaction, the director directly owned 210,967 shares of the company's stock, valued at $33,429,830.82. This represents a 4.32% decrease in their position. The disclosure for this sale can be found here. 61.30% of the stock is owned by company insiders.

TKO Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were issued a dividend of $0.38 per share. The ex-dividend date was Friday, June 13th. This represents a $1.52 dividend on an annualized basis and a yield of 0.87%. TKO Group's dividend payout ratio is presently 77.16%.

About TKO Group

TKO Group Holdings, Inc operates as a sports and entertainment company. The company produces and licenses live events, television programs, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets.