Live Nation Entertainment Company Profile (NYSE:LYV)

About Live Nation Entertainment (NYSE:LYV)

Live Nation Entertainment logoLive Nation Entertainment, Inc. is a live entertainment company. The Company's businesses consist of the promotion of live events, including ticketing, sponsorship and advertising. Its segments include Concerts, Sponsorship & Advertising, Ticketing and Artist Nation. The Concerts segment is engaged in promotion of live music events in its owned or operated venues and in rented third-party venues; operation and management of music venues; production of music festivals, and creation of associated content. The Ticketing segment is an agency business that sells tickets for events on behalf of its clients. The Artist Nation segment provides management services to music artists in exchange for a commission on the earnings of artists. The Sponsorship & Advertising segment employs sales force that creates and maintains relationships with sponsors to allow businesses to reach customers through its concert, venue, artist relationship and ticketing assets, including advertising on its Websites.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Entertainment - Diversified
  • Sub-Industry: Movies & Entertainment
  • Symbol: NYSE:LYV
  • CUSIP: 53803410
  • Web: www.livenationentertainment.com
Capitalization:
  • Market Cap: $6.99 billion
  • Outstanding Shares: 204,449,000
Average Prices:
  • 50 Day Moving Avg: $32.59
  • 200 Day Moving Avg: $29.39
  • 52 Week Range: $22.20 - $35.13
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 83.41
  • P/E Growth: 3.22
Sales & Book Value:
  • Annual Revenue: $8.56 billion
  • Price / Sales: 0.82
  • Book Value: $5.46 per share
  • Price / Book: 6.26
Profitability:
  • EBIDTA: $615.59 million
  • Net Margins: 0.31%
  • Return on Equity: 1.80%
  • Return on Assets: 0.39%
Debt:
  • Debt-to-Equity Ratio: 1.31%
  • Current Ratio: 1.06%
  • Quick Ratio: 1.06%
Misc:
  • Average Volume: 1.18 million shs.
  • Beta: 0.79
  • Short Ratio: 4.29
 

Frequently Asked Questions for Live Nation Entertainment (NYSE:LYV)

What is Live Nation Entertainment's stock symbol?

Live Nation Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "LYV."

How were Live Nation Entertainment's earnings last quarter?

Live Nation Entertainment, Inc. (NYSE:LYV) released its earnings results on Thursday, May, 4th. The company reported ($0.22) EPS for the quarter, topping analysts' consensus estimates of ($0.33) by $0.11. The firm had revenue of $1.41 billion for the quarter, compared to analysts' expectations of $1.27 billion. Live Nation Entertainment had a return on equity of 1.80% and a net margin of 0.31%. Live Nation Entertainment's quarterly revenue was up 17.0% on a year-over-year basis. View Live Nation Entertainment's Earnings History.

Where is Live Nation Entertainment's stock going? Where will Live Nation Entertainment's stock price be in 2017?

8 analysts have issued twelve-month price targets for Live Nation Entertainment's stock. Their predictions range from $33.00 to $40.00. On average, they anticipate Live Nation Entertainment's stock price to reach $35.75 in the next twelve months. View Analyst Ratings for Live Nation Entertainment.

What are analysts saying about Live Nation Entertainment stock?

Here are some recent quotes from research analysts about Live Nation Entertainment stock:

  • 1. According to Zacks Investment Research, "Live Nation Entertainment, Inc. is the world's premier live entertainment company, consisting of Live Nation, Ticketmaster and Front Line Management Group. The Company engages in producing, marketing, and selling live concerts for artists via its concert pipe. Live Nation owns and operates many venues, including House of Blues music venues and locations, such as The Fillmore in San Francisco, Nikon at Jones Beach Theatre in New York and London's Wembley Arena. In addition, it also produces, promotes or hosts theatrical, specialized motor sports and other live entertainment events. The Company is driving major innovations in ticketing technology, marketing and service. It offers ticket sales, ticket resale services, and marketing and distribution through ticketmaster.com, an e-commerce site on the Internet. Live Nation Entertainment, Inc. was formerly known as Live Nation, Inc. and is based in Beverly Hills, California. " (5/11/2017)
  • 2. Jefferies Group LLC analysts commented, "LYV reported solid 1Q results – better than expected across all segments. The outlook remains unchanged for the year, as LYV continues to execute on its LT goals – expanding globally, gaining share in ticketing, and growing its onsite revs. We expect another year of DD AOI growth in ’17 (JEFe: +12%)." (5/5/2017)
  • 3. Macquarie analysts commented, "We raise our target to US$37 based on 14x our ’19E FCF/sh. This implies a 12x EBITDA multiple, conservative given its dominance in live events and resilience against technology changes. Impact Near-term opportunities include concert growth and increased onsite per fan spend: According to Billboard, the top 100 world tours last year grossed a record of ~US$5bn (Figs. 1-3). So far, the number of concerts booked is up 9%. Growth in this segment is the cornerstone for success, as management monetizes ~26k concerts and 70m+ attendees p.a. through other segments. Its aggressive acquisition strategy remains focused on the high-growth festivals niche to boost its existing 85-festival global portfolio." (4/24/2017)

Who are some of Live Nation Entertainment's key competitors?

Who owns Live Nation Entertainment stock?

Live Nation Entertainment's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.11%), Shapiro Capital Management LLC (3.83%), Sentry Investments Corp. (2.79%), Harris Associates L P (2.53%), Principal Financial Group Inc. (2.49%) and State Street Corp (1.66%). Company insiders that own Live Nation Entertainment stock include Brian Capo, James S Kahan, Margaret L Johnson, Mark S Shapiro, Michael Rapino, Randall Thomas Mays and Robert Ted Enloe III. View Institutional Ownership Trends for Live Nation Entertainment.

Who sold Live Nation Entertainment stock? Who is selling Live Nation Entertainment stock?

Live Nation Entertainment's stock was sold by a variety of institutional investors in the last quarter, including Metropolitan Life Insurance Co. NY, FMR LLC, Kalmar Investments Inc. DE, GMT Capital Corp, Renaissance Technologies LLC, Dimensional Fund Advisors LP, First Trust Advisors LP and AQR Capital Management LLC. Company insiders that have sold Live Nation Entertainment stock in the last year include James S Kahan, Margaret L Johnson, Mark S Shapiro, Michael Rapino and Robert Ted Enloe III. View Insider Buying and Selling for Live Nation Entertainment.

Who bought Live Nation Entertainment stock? Who is buying Live Nation Entertainment stock?

Live Nation Entertainment's stock was purchased by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., Harbor Spring Capital LLC, Sentry Investments Corp., Vanguard Group Inc., Fisher Asset Management LLC, Cornerstone Capital Management Holdings LLC., Baskin Financial Services Inc. and Clal Insurance Enterprises Holdings Ltd. View Insider Buying and Selling for Live Nation Entertainment.

How do I buy Live Nation Entertainment stock?

Shares of Live Nation Entertainment can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Live Nation Entertainment stock cost?

One share of Live Nation Entertainment stock can currently be purchased for approximately $34.20.

Analyst Ratings

Consensus Ratings for Live Nation Entertainment (NYSE:LYV) (?)
Ratings Breakdown: 1 Hold Rating, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $35.75 (4.53% upside)

Analysts' Ratings History for Live Nation Entertainment (NYSE:LYV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/24/2017GuggenheimInitiated CoverageBuy -> Buy$40.00MediumView Rating Details
5/19/2017Citigroup IncReiterated RatingBuy$32.00 -> $39.00MediumView Rating Details
5/15/2017Jefferies Group LLCReiterated RatingBuyN/AView Rating Details
5/14/2017MacquarieReiterated RatingOutperform$38.00LowView Rating Details
4/3/2017Goldman Sachs Group IncInitiated CoverageBuy$35.00MediumView Rating Details
1/11/2017Albert Fried & CompanyReiterated RatingHoldN/AView Rating Details
11/8/2016StephensUpgradeEqual Weight -> Overweight$33.00N/AView Rating Details
8/18/2016JPMorgan Chase & Co.Initiated CoverageOverweight$34.00N/AView Rating Details
5/2/2016Northcoast ResearchUpgradeNeutral -> Buy$27.00N/AView Rating Details
3/29/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
9/20/2015Maxim GroupInitiated CoverageBuyN/AView Rating Details
9/18/2015GabelliInitiated CoverageBuy$33.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Live Nation Entertainment (NYSE:LYV)
Earnings by Quarter for Live Nation Entertainment (NYSE:LYV)
Earnings History by Quarter for Live Nation Entertainment (NYSE:LYV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017($0.33)($0.22)$1.27 billion$1.41 billionViewListenView Earnings Details
2/23/2017Q416($0.58)($0.58)$1.77 billion$8.40 billionViewN/AView Earnings Details
7/28/2016Q216$0.08$0.13$1.88 billion$2.20 billionViewListenView Earnings Details
5/3/2016Q116($0.31)($0.29)$1.18 billion$73.40 billionViewN/AView Earnings Details
2/25/2016Q415($0.34)($0.39)$1.66 billion$1.81 billionViewListenView Earnings Details
10/29/2015Q315$0.43$0.44$2.44 billion$2.60 billionViewListenView Earnings Details
8/10/2015Q215$0.06$0.06$1.72 billion$1.77 billionViewListenView Earnings Details
4/30/2015Q1($0.27)($0.31)$1.14 billion$1.12 billionViewN/AView Earnings Details
2/26/2015Q414($0.40)($0.41)$1.60 billion$1.60 billionViewN/AView Earnings Details
10/30/2014Q314$0.38$0.49$2.45 billion$2.50 billionViewN/AView Earnings Details
7/31/2014Q214$0.16$0.11$1.61 billion$1.67 billionViewN/AView Earnings Details
5/6/2014Q114($0.35)($0.16)$963.77 million$1.13 billionViewN/AView Earnings Details
2/24/2014Q413($0.37)($0.25)$1.46 billion$1.61 billionViewListenView Earnings Details
8/6/2013Q2 2013$0.10$0.30$1.62 billion$1.68 billionViewListenView Earnings Details
5/7/2013Q1 2013($0.36)($0.33)$914.37 million$923.70 millionViewListenView Earnings Details
2/26/2013Q4 2012($0.36)($0.87)$1.29 billion$1.44 billionViewListenView Earnings Details
11/5/2012Q312$0.27$0.31$1.87 billion$1.96 billionViewN/AView Earnings Details
8/7/2012$0.05$0.04ViewN/AView Earnings Details
5/9/2012($0.40)($0.37)ViewN/AView Earnings Details
2/23/2012($0.32)($0.46)ViewN/AView Earnings Details
11/3/2011$0.35$0.27ViewN/AView Earnings Details
8/8/2011$0.01$0.07ViewN/AView Earnings Details
5/5/2011($0.42)($0.27)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Live Nation Entertainment (NYSE:LYV)
2017 EPS Consensus Estimate: ($0.04)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.36)($0.26)($0.31)
Q2 20173($0.32)$0.28$0.02
Q3 20173$0.36$0.80$0.62
Q4 20172($0.40)($0.36)($0.38)
Q1 20181($0.21)($0.21)($0.21)
Q2 20181$0.34$0.34$0.34
Q3 20181$0.77$0.77$0.77
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Live Nation Entertainment (NYSE:LYV)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Live Nation Entertainment (NYSE:LYV)
Insider Ownership Percentage: 4.16%
Institutional Ownership Percentage: 63.33%
Insider Trades by Quarter for Live Nation Entertainment (NYSE:LYV)
Institutional Ownership by Quarter for Live Nation Entertainment (NYSE:LYV)
Insider Trades by Quarter for Live Nation Entertainment (NYSE:LYV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/8/2017James S KahanDirectorSell10,000$34.01$340,100.00View SEC Filing  
3/13/2017Margaret L. JohnsonDirectorSell9,000$28.63$257,670.00View SEC Filing  
2/10/2017Michael RapinoCEOSell210,000$28.73$6,033,300.00View SEC Filing  
2/3/2017Michael RapinoCEOSell210,000$28.52$5,989,200.00View SEC Filing  
1/27/2017Michael RapinoCEOSell140,000$28.06$3,928,400.00View SEC Filing  
1/20/2017Michael RapinoCEOSell140,000$27.38$3,833,200.00View SEC Filing  
1/13/2017Michael RapinoCEOSell140,000$27.43$3,840,200.00View SEC Filing  
1/6/2017Michael RapinoCEOSell140,000$27.55$3,857,000.00View SEC Filing  
11/23/2016Robert Ted Enloe IIIDirectorSell10,000$27.78$277,800.00View SEC Filing  
11/21/2016Mark S ShapiroDirectorSell22,642$28.08$635,787.36View SEC Filing  
6/13/2016Robert Ted Enloe IIIDirectorSell5,363$23.54$126,245.02View SEC Filing  
11/2/2015Randall Thomas MaysDirectorSell50,000$27.00$1,350,000.00View SEC Filing  
6/11/2015Robert Ted Enloe IIIDirectorSell6,446$28.98$186,805.08View SEC Filing  
6/10/2015Brian CapoCAOSell7,500$28.95$217,125.00View SEC Filing  
6/9/2014Robert Ted Enloe IIIDirectorSell10,823$24.13$261,158.99View SEC Filing  
5/19/2014Media Corp LibertyDirectorBuy1,693,090$22.74$38,500,866.60View SEC Filing  
3/14/2014Brian CapoCAOSell7,043$23.04$162,270.72View SEC Filing  
1/3/2014Robert Ted Enloe IIIDirectorSell10,000$20.04$200,400.00View SEC Filing  
8/29/2013Elizabeth Kathleen WillardCFOSell50,000$17.26$863,000.00View SEC Filing  
8/12/2013Michael RapinoCEOSell640,000$18.30$11,712,000.00View SEC Filing  
8/9/2013James KahanDirectorSell35,000$18.63$652,050.00View SEC Filing  
8/8/2013Mark ShapiroDirectorSell27,000$18.56$501,120.00View SEC Filing  
6/13/2013James S KahanDirectorSell36,500$15.28$557,720.00View SEC Filing  
3/12/2013Media Corp LibertyDirectorBuy1,700,000$11.40$19,380,000.00View SEC Filing  
12/31/2012Media Corp LibertyDirectorBuy1,670,379$8.98$15,000,003.42View SEC Filing  
12/4/2012Irving AzoffChairmanSell78,200$8.74$683,468.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Live Nation Entertainment (NYSE:LYV)
Latest Headlines for Live Nation Entertainment (NYSE:LYV)
Source:
DateHeadline
finance.yahoo.com logoGuns N' Roses To Continue Thrilling Fans With Newly Added North American Stops On The Not In This Lifetime Tour
finance.yahoo.com - May 26 at 3:33 AM
finance.yahoo.com logoFor Live Nation, Concerts Are Just the Start
finance.yahoo.com - May 26 at 3:32 AM
americanbankingnews.com logoGuggenheim Initiates Coverage on Live Nation Entertainment, Inc. (LYV)
www.americanbankingnews.com - May 24 at 5:16 PM
bizjournals.com logoThe Weekend, Rae Sremmurd concert grosses $1.4M in Atlanta - Atlanta Business Chronicle
www.bizjournals.com - May 24 at 10:56 AM
finance.yahoo.com logo19 Dead, More Than 50 Seriously Injured in Possible Terror Bombing at U.K. Concert
finance.yahoo.com - May 23 at 10:38 AM
finance.yahoo.com logoLive Nation shares fall on terrorism concerns following Manchester Arena attack
finance.yahoo.com - May 23 at 10:38 AM
finance.yahoo.com logo​Atlanta producer Ian Schumacher gears up for second showcase
finance.yahoo.com - May 22 at 5:46 PM
americanbankingnews.com logoLive Nation Entertainment, Inc. (LYV) Given Buy Rating at Citigroup Inc
www.americanbankingnews.com - May 20 at 8:18 AM
finance.yahoo.com logoOne Game Amazon Might Lose
finance.yahoo.com - May 19 at 10:56 AM
finance.yahoo.com logoAttention Festival Fans: Travel The World's Music Festivals With The First-ever 'Festival Passport' Giving You Access To 90+ Live Nation Festivals For Just $799
finance.yahoo.com - May 19 at 10:56 AM
finance.yahoo.com logoPost Earnings Coverage as Viacom's Revenue Jumped 8%; Adjusted EPS Climbed 4%
finance.yahoo.com - May 19 at 10:56 AM
marketwatch.com logoRBC and Live Nation Canada Announce Partnership to Enhance Live Music Experiences for Canadians
www.marketwatch.com - May 18 at 8:45 AM
finance.yahoo.com logoHow much did the Sting concert at The Tabernacle in Atlanta gross?
finance.yahoo.com - May 16 at 10:37 AM
finance.yahoo.com logoTop Dawg Entertainment Recording Artist Kendrick Lamar to Visit Additional Cities on THE DAMN. TOUR this August and September
finance.yahoo.com - May 15 at 10:33 AM
finance.yahoo.com logoParamore Announce North American "Tour Two" Beginning September 6th In Jacksonville, FL
finance.yahoo.com - May 15 at 10:33 AM
americanbankingnews.com logoLive Nation Entertainment, Inc. (LYV) Stock Rating Reaffirmed by Macquarie
www.americanbankingnews.com - May 14 at 4:00 PM
americanbankingnews.com logoZacks Investment Research Downgrades Live Nation Entertainment, Inc. (LYV) to Hold
www.americanbankingnews.com - May 14 at 9:36 AM
finance.yahoo.com logoLogic Announces 29-Date "Everybody's Tour" With Support From Joey Bada$$ & Big Lenbo
finance.yahoo.com - May 12 at 7:03 PM
finance.yahoo.com logoJay Z partners with Live Nation for $200 million touring partnership
finance.yahoo.com - May 12 at 7:03 PM
finance.yahoo.com logoJay Z Just Inked a Blockbuster $200 Million Payday from Live Nation
finance.yahoo.com - May 11 at 6:56 PM
finance.yahoo.com logoJay Z signs 10-year touring deal with Live Nation, reportedly worth $200 million
finance.yahoo.com - May 11 at 6:56 PM
finance.yahoo.com logoLive Nation Signs Jay Z to $200 Million Partnership
finance.yahoo.com - May 11 at 6:56 PM
finance.yahoo.com logoShawn "JAY Z" Carter Signs 10-Year Touring Contract With Live Nation
finance.yahoo.com - May 11 at 6:56 PM
finance.yahoo.com logoETFs with exposure to Live Nation Entertainment, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 6:56 PM
americanbankingnews.com logoLive Nation Entertainment, Inc. (LYV) Director James S. Kahan Sells 10,000 Shares
www.americanbankingnews.com - May 10 at 11:22 PM
finance.yahoo.com logoLive Nation's $20 'National Concert Day' Promotion Sold Over One Million Tickets In Just One Week
finance.yahoo.com - May 10 at 5:59 PM
finance.yahoo.com logoLive Nation Entertainment, Inc. :LYV-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 6:08 PM
finance.yahoo.com logoImagine Dragons To Release New Album 'Evolve' On June 23rd Via KIDinaKORNER / Interscope Records - With Evolve Tour Coming This Fall
finance.yahoo.com - May 9 at 11:55 AM
finance.yahoo.com logoMeek Mill and Yo Gotti Announce 21-City Nationwide "Against All Odds Tour"
finance.yahoo.com - May 8 at 5:59 PM
finance.yahoo.com logoUS Unemployment Slips to a 10-Year Low: Top 5 Gainers
finance.yahoo.com - May 8 at 11:53 AM
finance.yahoo.com logoLinkin Park Announce Special Guest Snoop Dogg On October Dates Of One More Light World Tour
finance.yahoo.com - May 8 at 11:53 AM
americanbankingnews.com logoLive Nation Entertainment, Inc. (LYV) Forecasted to Earn Q2 2017 Earnings of $0.28 Per Share
www.americanbankingnews.com - May 8 at 8:27 AM
finance.yahoo.com logoIs a Surprise Coming for Live Nation Entertainment (LYV) This Earnings Season? - Yahoo Finance
finance.yahoo.com - May 5 at 11:24 PM
americanbankingnews.com logoZacks: Analysts Expect Live Nation Entertainment, Inc. (LYV) to Post $0.10 EPS
www.americanbankingnews.com - May 5 at 11:20 PM
seekingalpha.com logoLive Nation Entertainment (LYV) Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - May 5 at 6:23 PM
benzinga.com logoMario Gabelli Details His Top 3 Entertainment Picks - Benzinga
www.benzinga.com - May 5 at 6:23 PM
finance.yahoo.com logoEdited Transcript of LYV earnings conference call or presentation 4-May-17 9:00pm GMT
finance.yahoo.com - May 5 at 6:23 PM
americanbankingnews.com logoLive Nation Entertainment, Inc. (LYV) Posts Quarterly Earnings Results, Beats Expectations By $0.11 EPS
www.americanbankingnews.com - May 5 at 4:40 PM
americanbankingnews.com logoLive Nation Entertainment, Inc. (LYV) Receives Buy Rating from Jefferies Group LLC
www.americanbankingnews.com - May 5 at 12:00 PM
bizjournals.com logoTom Petty & the Heartbreakers gross $1.4M from sold-out Atlanta show - Atlanta Business Chronicle
www.bizjournals.com - May 5 at 8:41 AM
fool.com logoTime to Buy Live Nation Entertainment Stock? - Motley Fool
www.fool.com - May 5 at 8:41 AM
rttnews.com logoEARNINGS SUMMARY: Details of Live Nation Inc. Q1 Earnings Report
www.rttnews.com - May 4 at 6:31 PM
seekingalpha.com logoLive Nation Entertainment beats by $0.11, beats on revenue
seekingalpha.com - May 4 at 6:31 PM
finance.yahoo.com logoBon Jovi rocks out to tune of $1.4 million in Atlanta
finance.yahoo.com - May 4 at 6:31 PM
finance.yahoo.com logoLive Nation Entertainment Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 4 at 6:31 PM
finance.yahoo.com logoTime to Buy Live Nation Entertainment Stock?
finance.yahoo.com - May 4 at 6:31 PM
finance.yahoo.com logoLive Nation reports 1Q loss
finance.yahoo.com - May 4 at 6:31 PM
americanbankingnews.com logoLive Nation Entertainment, Inc. (LYV) Expected to Post Quarterly Sales of $1.27 Billion
www.americanbankingnews.com - May 4 at 12:26 PM
finance.yahoo.com logoLinkin Park Announce One More Light World Tour With Special Guest Machine Gun Kelly
finance.yahoo.com - May 3 at 8:13 PM
finance.yahoo.com logoIs a Beat in Store for Live Nation (LYV) in Q1 Earnings?
finance.yahoo.com - May 3 at 8:13 PM

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Chart

Live Nation Entertainment (LYV) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff