Endeavor Group Stock Price, News & Analysis (NYSE:EDR)

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Endeavor Group in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EDR shares.
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5 Wall Street analysts have issued twelve-month price objectives for Endeavor Group's stock. Their EDR share price targets range from $28.00 to $35.00. On average, they predict the company's stock price to reach $32.00 in the next year. This suggests a possible upside of 31.9% from the stock's current price.
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Endeavor Group's stock was trading at $22.54 at the beginning of the year. Since then, EDR shares have increased by 7.6% and is now trading at $24.26.
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Endeavor Group saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 11,150,000 shares, a decrease of 20.1% from the October 31st total of 13,950,000 shares. Based on an average trading volume of 3,730,000 shares, the days-to-cover ratio is currently 3.0 days. Approximately 5.8% of the shares of the stock are sold short.
View Endeavor Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our EDR earnings forecast.

Endeavor Group Holdings, Inc. (NYSE:EDR) announced its earnings results on Wednesday, November, 8th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.14. The firm earned $1.34 billion during the quarter, compared to the consensus estimate of $1.26 billion. Endeavor Group had a negative trailing twelve-month return on equity of 0.87% and a net margin of 2.41%.

Endeavor Group declared a quarterly dividend on Friday, December 1st. Stockholders of record on Friday, December 15th will be paid a dividend of $0.06 per share on Friday, December 29th. This represents a $0.24 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for EDR.

Endeavor Group (NYSE:EDR) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.99%. The dividend payout ratio is 68.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EDR will have a dividend payout ratio of 20.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EDR.

ETFs with the largest weight of Endeavor Group (NYSE:EDR) stock in their portfolio include Invesco Leisure and Entertainment ETF (PEJ), MUSQ Global Music Industry ETF (MUSQ), Renaissance IPO ETF (IPO), Vanguard Communication Services ETF (VOX) and Fidelity MSCI Communication Services Index ETF (FCOM).First Trust US Equity Opportunities ETF (FPX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Endeavor Group investors own include Aircastle (AYR), Physicians Realty Trust (DOC), American Campus Communities (ACC), Sirius XM (SIRI), Medtronic (MDT), MSA Safety (MSA), Automatic Data Processing (ADP), Aflac (AFL), Allena Pharmaceuticals (ALNA) and A. O. Smith (AOS).

(EDR) raised $501 million in an initial public offering on Thursday, April 29th 2021. The company issued 21,300,000 shares at a price of $23.00-$24.00 per share. Morgan Stanley, Goldman Sachs, J.P. Morgan, KKR and Deutsche Bank Securities served as the underwriters for the IPO and Barclays, Citigroup, Credit Suisse, Evercore ISI, HSBC, Jefferies, Moelis & Co., Piper Sandler, RBC Capital Markets, UBS Investment Bank, CODE Advisors, DBO Partners, LionTree, Academy Securities, R. Seelaus & Co., LLC, Ramirez & Co., Inc. and Siebert Williams Shank were co-managers.

Endeavor Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Morgan Stanley (1.74%), Ameriprise Financial Inc. (1.60%), FMR LLC (0.73%), Clearbridge Investments LLC (0.61%), Dendur Capital LP (0.51%) and Charles Schwab Investment Management Inc. (0.23%). Insiders that own company stock include Ariel Emanuel, Christian Muirhead, Jason Lublin, Mark S Shapiro, Mark S Shapiro, Patrick Whitesell, Seth D Krauss and William K Fullerton.
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Shares of EDR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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