Live Nation Entertainment, Inc. (NYSE:LYV – Free Report) – Equities researchers at Seaport Res Ptn upped their FY2025 EPS estimates for shares of Live Nation Entertainment in a research note issued on Sunday, June 29th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings of $3.21 per share for the year, up from their previous forecast of $3.05. The consensus estimate for Live Nation Entertainment’s current full-year earnings is $2.38 per share. Seaport Res Ptn also issued estimates for Live Nation Entertainment’s Q4 2025 earnings at $0.17 EPS.
Other equities research analysts have also issued research reports about the company. Rosenblatt Securities cut their target price on Live Nation Entertainment from $174.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. Wolfe Research raised their price objective on shares of Live Nation Entertainment from $160.00 to $168.00 and gave the stock an “outperform” rating in a report on Tuesday, June 10th. Macquarie upped their target price on shares of Live Nation Entertainment from $146.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, March 6th. Susquehanna set a $165.00 price target on shares of Live Nation Entertainment and gave the stock a “positive” rating in a research note on Tuesday, June 10th. Finally, Guggenheim restated a “buy” rating and issued a $170.00 price objective on shares of Live Nation Entertainment in a research note on Wednesday, June 18th. One research analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company. According to data from MarketBeat, Live Nation Entertainment has an average rating of “Moderate Buy” and an average price target of $165.24.
Live Nation Entertainment Stock Down 0.5%
Shares of NYSE LYV opened at $149.15 on Wednesday. The business has a 50-day moving average of $141.88 and a two-hundred day moving average of $136.86. The company has a market capitalization of $34.57 billion, a price-to-earnings ratio of 50.90, a price-to-earnings-growth ratio of 5.81 and a beta of 1.45. Live Nation Entertainment has a 1 year low of $87.33 and a 1 year high of $157.75. The company has a debt-to-equity ratio of 7.43, a current ratio of 0.96 and a quick ratio of 0.96.
Live Nation Entertainment (NYSE:LYV – Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.29). The firm had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.63 billion. Live Nation Entertainment had a return on equity of 125.77% and a net margin of 4.28%. Live Nation Entertainment’s revenue for the quarter was down 11.0% on a year-over-year basis. During the same period last year, the firm posted $0.60 earnings per share.
Insider Activity
In other Live Nation Entertainment news, EVP John Hopmans sold 34,808 shares of the company’s stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $147.38, for a total transaction of $5,130,003.04. Following the completion of the sale, the executive vice president directly owned 189,456 shares of the company’s stock, valued at $27,922,025.28. This represents a 15.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.01% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the stock. Measured Risk Portfolios Inc. purchased a new position in Live Nation Entertainment in the 4th quarter valued at $29,000. Wayfinding Financial LLC purchased a new position in Live Nation Entertainment during the 1st quarter worth $30,000. Chilton Capital Management LLC purchased a new stake in shares of Live Nation Entertainment in the first quarter valued at about $33,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Live Nation Entertainment during the fourth quarter worth about $40,000. Finally, GW&K Investment Management LLC raised its holdings in Live Nation Entertainment by 690.2% during the first quarter. GW&K Investment Management LLC now owns 324 shares of the company’s stock worth $42,000 after purchasing an additional 283 shares in the last quarter. Institutional investors and hedge funds own 74.52% of the company’s stock.
About Live Nation Entertainment
Live Nation Entertainment, Inc operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists.
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