NYSE:LYV - Live Nation Entertainment Stock Price, Price Target & More

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$51.54 +0.36 (+0.70 %)
(As of 07/15/2018 04:00 PM ET)
Previous Close$51.54
Today's Range$51.14 - $52.19
52-Week Range$35.12 - $51.23
Volume1.57 million shs
Average Volume1.17 million shs
Market Capitalization$10.77 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.04
Live Nation Entertainment logoLive Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Sponsorship & Advertising, and Ticketing segments. The Concerts segment promotes live music events in its owned and/or operated venues, and in rented third-party venues; operates and manages music venues; and produces music festivals and creates associated content. This segment also provides management and other services to artists. The Sponsorship & Advertising segment sells sponsorships and placement of advertising, including signage, online advertising, and promotional programs, as well as live streaming and music-related content; and ads across its distribution network of venues, events, and Websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events for specific brands. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients, as well as ticket resale services; and offers online access for customers relating to ticket and event information through its primary Websites, livenation.com and ticketmaster.com. It sells tickets through Websites, mobile apps, ticket outlets, and telephone call centers. This segment sells tickets for its events, as well as for third-party clients in various live event categories, such as arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. As of December 31, 2017, it owned, operated, or leased 115 entertainment venues and 140 other facilities in North America; and 35 entertainment venues and 118 other facilities internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Amusement & recreation services
Sub-IndustryMovies & Entertainment
SectorConsumer Discretionary
SymbolNYSE:LYV
CUSIP53803410
Phone310-867-7000

Debt

Debt-to-Equity Ratio2.00
Current Ratio1.05
Quick Ratio1.05

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$10.34 billion
Price / Sales1.04
Cash Flow$2.2370 per share
Price / Cash23.04
Book Value$6.86 per share
Price / Book7.51

Profitability

EPS (Most Recent Fiscal Year)($0.48)
Net Income$-97,640,000.00
Net Margins-0.25%
Return on Equity-1.76%
Return on Assets-0.32%

Miscellaneous

Employees36,800
Outstanding Shares208,920,000
Market Cap$10,767.63

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Live Nation Entertainment (NYSE:LYV) Frequently Asked Questions

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) posted its quarterly earnings results on Thursday, May, 3rd. The company reported ($0.24) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.29) by $0.05. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.32 billion. Live Nation Entertainment had a negative return on equity of 1.76% and a negative net margin of 0.25%. The firm's quarterly revenue was up 19.2% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.22) EPS. View Live Nation Entertainment's Earnings History.

When is Live Nation Entertainment's next earnings date?

Live Nation Entertainment is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Live Nation Entertainment.

What price target have analysts set for LYV?

9 analysts have issued 12 month price targets for Live Nation Entertainment's shares. Their predictions range from $44.00 to $56.00. On average, they expect Live Nation Entertainment's stock price to reach $50.8729 in the next year. This suggests that the stock has a possible downside of 1.3%. View Analyst Ratings for Live Nation Entertainment.

What is the consensus analysts' recommendation for Live Nation Entertainment?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Live Nation Entertainment in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street 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. " (7/11/2018)
  • 2. Macquarie analysts commented, "We model ’18 sponsorship and ad revenue/AOI of US$501m/US$315m. Ticket sales are up 5% YTD vs double-digits in Feb. ’17, driven by a lower stadium mix; Live expects mid-single-digit growth in ’18. Ticketmaster is in growth mode as Live focuses on Verified Fan/mobile, building its inventory, and adding new clients. In ’17, 33% of tickets were sold through mobile apps, proof that its investments are paying off. We remain confident in its NFL partnership despite headlines around individual teams partnering with SeatGeek, and view Amazon’s temporary shutdown of its ticketing business as favorable. We model ’18 ticketing revenue/AOI of US$2.1bn/US$403m and concert revenue/AOI of US$8.3bn/US$225m. The AOI/FCF conversion continues to improve, now at ~60%: Capex is expected to be US$250m, with 50% allocated to revenue generating projects. We model ’18 FCF of US$538m." (3/1/2018)

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

Who are Live Nation Entertainment's key executives?

Live Nation Entertainment's management team includes the folowing people:
  • Mr. Michael Rapino, Pres, CEO & Director (Age 52)
  • Mr. Joe Berchtold, Pres (Age 53)
  • Ms. Elizabeth Kathleen Willard, Chief Financial Officer (Age 51)
  • Mr. Brian Capo, Chief Accounting Officer & Sr. VP (Age 51)
  • Mr. Michael G. Rowles, Exec. VP, Gen. Counsel & Sec. (Age 52)

Has Live Nation Entertainment been receiving favorable news coverage?

Headlines about LYV stock have trended positive this week, according to Accern. The research firm scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Live Nation Entertainment earned a media sentiment score of 0.28 on Accern's scale. They also assigned headlines about the company an impact score of 45.74 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Live Nation Entertainment's major shareholders?

Live Nation Entertainment's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.20%), Leith Wheeler Investment Counsel Ltd. (0.05%), NN Investment Partners Holdings N.V. (0.02%), State of Alaska Department of Revenue (0.01%), DnB Asset Management AS (0.01%) and Xact Kapitalforvaltning AB (0.00%). Company insiders that own Live Nation Entertainment stock include Ariel Emanuel, Brian Capo, Elizabeth Kathleen Willard, James S Kahan, Joe Berchtold, Margaret L Johnson, Mark S Shapiro, Michael Rapino, Michael Rowles and Robert Ted Enloe III. View Institutional Ownership Trends for Live Nation Entertainment.

Which institutional investors are selling Live Nation Entertainment stock?

LYV stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC and Xact Kapitalforvaltning AB. Company insiders that have sold Live Nation Entertainment company stock in the last year include Ariel Emanuel, Brian Capo, Joe Berchtold, Michael Rapino, Michael Rowles and Robert Ted Enloe III. View Insider Buying and Selling for Live Nation Entertainment.

Which institutional investors are buying Live Nation Entertainment stock?

LYV stock was purchased by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., IFM Investors Pty Ltd, State of Alaska Department of Revenue, Leith Wheeler Investment Counsel Ltd. and DnB Asset Management AS. View Insider Buying and Selling for Live Nation Entertainment.

How do I buy shares of Live Nation Entertainment?

Shares of LYV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Live Nation Entertainment's stock price today?

One share of LYV stock can currently be purchased for approximately $51.54.

How big of a company is Live Nation Entertainment?

Live Nation Entertainment has a market capitalization of $10.77 billion and generates $10.34 billion in revenue each year. The company earns $-97,640,000.00 in net income (profit) each year or ($0.48) on an earnings per share basis. Live Nation Entertainment employs 36,800 workers across the globe.

How can I contact Live Nation Entertainment?

Live Nation Entertainment's mailing address is 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA, 90210. The company can be reached via phone at 310-867-7000 or via email at [email protected]


MarketBeat Community Rating for Live Nation Entertainment (NYSE LYV)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  314 (Vote Outperform)
Underperform Votes:  170 (Vote Underperform)
Total Votes:  484
MarketBeat's community ratings are surveys of what our community members think about Live Nation Entertainment and other stocks. Vote "Outperform" if you believe LYV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LYV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/15/2018 by MarketBeat.com Staff

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