Endeavor Group (EDR) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Endeavor Group in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" EDR shares.
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6 brokers have issued 1 year price objectives for Endeavor Group's shares. Their EDR share price forecasts range from $25.00 to $36.00. On average, they predict the company's stock price to reach $30.89 in the next year. This suggests a possible upside of 38.4% from the stock's current price.
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Endeavor Group's stock was trading at $22.54 at the beginning of 2023. Since then, EDR shares have decreased by 1.0% and is now trading at $22.3250.
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Endeavor Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 7,510,000 shares, an increase of 5.8% from the April 30th total of 7,100,000 shares. Based on an average trading volume of 2,960,000 shares, the short-interest ratio is currently 2.5 days. Currently, 3.9% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
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Endeavor Group Holdings, Inc. (NYSE:EDR) announced its quarterly earnings results on Monday, November, 15th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.13 by $0.20. The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.31 billion. Endeavor Group had a negative net margin of 3.38% and a positive trailing twelve-month return on equity of 6.37%.

ETFs with the largest weight of Endeavor Group (NYSE:EDR) stock in their portfolio include Invesco Dynamic Leisure and Entertainment ETF (PEJ), Renaissance IPO ETF (IPO), Fidelity New Millennium ETF (FMIL), WisdomTree U.S. MidCap Fund (EZM), First Trust Mid Cap Growth AlphaDEX Fund (FNY), Fidelity MSCI Communication Services Index ETF (FCOM), Vanguard Communication Services ETF (VOX) and iShares Morningstar Small-Cap Growth ETF (ISCG).

Endeavor Group updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.67 billion-$5.82 billion, compared to the consensus revenue estimate of $5.90 billion.

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 $23.00-$24.00 per share. Morgan Stanley, Goldman Sachs, J.P. Morgan, KKR and Deutsche Bank Securities acted 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "EDR."

Endeavor Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Ameriprise Financial Inc. (1.56%), FMR LLC (0.88%), Price T Rowe Associates Inc. MD (0.83%), JPMorgan Chase & Co. (0.58%), Clearbridge Investments LLC (0.54%) and Meritage Group LP (0.53%). Insiders that own company stock include Ariel Emanuel, Christian Muirhead, Jason Lublin, Mark S Shapiro, Mark S Shapiro, 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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One share of EDR stock can currently be purchased for approximately $22.33.

Endeavor Group (NYSE:EDR) has a market capitalization of $15.70 billion and generates $5.27 billion in revenue each year. The company earns $129.13 million in net income (profit) each year or ($0.64) on an earnings per share basis.

The company employs 11,000 workers across the globe.

Endeavor Group's mailing address is 9601 WILSHIRE BOULEVARD 3RD FLOOR, BEVERLY HILLS CA, 90210. The official website for the company is www.endeavorco.com. The company can be reached via phone at 310-285-9000 or via email at investor@endeavorco.com.