TKO Group (TKO) Expected to Announce Earnings on Thursday

TKO Group (NYSE:TKO - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $0.55 per share and revenue of $1.07 billion for the quarter.

TKO Group Stock Performance

Shares of NYSE:TKO traded up $0.51 on Monday, reaching $166.94. 741,021 shares of the company's stock were exchanged, compared to its average volume of 1,104,184. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.34. TKO Group has a twelve month low of $97.37 and a twelve month high of $179.09. The company has a fifty day moving average of $149.91 and a 200-day moving average of $144.70. The company has a market capitalization of $28.57 billion, a price-to-earnings ratio of -397.47 and a beta of 0.90.

TKO Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 0.91%. TKO Group's payout ratio is 7,600.00%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TKO. UBS Group upped their price objective on shares of TKO Group from $135.00 to $170.00 and gave the stock a "buy" rating in a research report on Tuesday, January 7th. Pivotal Research reiterated a "buy" rating and set a $195.00 price target (up previously from $145.00) on shares of TKO Group in a research report on Thursday, February 27th. Morgan Stanley boosted their price objective on shares of TKO Group from $128.00 to $160.00 and gave the company an "equal weight" rating in a research report on Monday, February 24th. Benchmark reissued a "hold" rating on shares of TKO Group in a report on Monday, March 3rd. Finally, Susquehanna assumed coverage on TKO Group in a research note on Monday, April 28th. They issued a "positive" rating and a $180.00 price objective on the stock. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, TKO Group has a consensus rating of "Moderate Buy" and a consensus price target of $161.08.

Insider Buying and Selling at TKO Group

In other TKO Group news, major shareholder Patrick Whitesell purchased 81,019 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was purchased at an average cost of $159.72 per share, for a total transaction of $12,940,354.68. Following the acquisition, the insider now owns 1,938,135 shares in the company, valued at approximately $309,558,922.20. The trade was a 4.36 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ariel Emanuel acquired 76,587 shares of the company's stock in a transaction dated Tuesday, February 4th. The stock was acquired at an average cost of $157.13 per share, for a total transaction of $12,034,115.31. Following the completion of the purchase, the chief executive officer now directly owns 1,857,116 shares in the company, valued at $291,808,637.08. This trade represents a 4.30 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 822,641 shares of company stock worth $137,905,307. 53.80% of the stock is currently owned by company insiders.

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.