FY2025 EPS Estimates for Live Nation Entertainment, Inc. Reduced by Analyst (NYSE:LYV)

Live Nation Entertainment, Inc. (NYSE:LYV) – Analysts at Zacks Research cut their FY2025 earnings per share estimates for shares of Live Nation Entertainment in a note issued to investors on Monday, April 22nd. Zacks Research analyst R. Department now forecasts that the company will post earnings of $1.82 per share for the year, down from their previous estimate of $1.93. The consensus estimate for Live Nation Entertainment’s current full-year earnings is $1.63 per share. Zacks Research also issued estimates for Live Nation Entertainment’s FY2026 earnings at $2.45 EPS.

Live Nation Entertainment (NYSE:LYV) last released its earnings results on Thursday, February 22nd. The company reported ($1.22) EPS for the quarter, missing the consensus estimate of ($1.13) by ($0.09). Live Nation Entertainment had a net margin of 2.48% and a return on equity of 118.42%. The business had revenue of $5.84 billion during the quarter, compared to analyst estimates of $4.72 billion.

A number of other equities analysts also recently weighed in on the stock. Roth Capital raised shares of Live Nation Entertainment from a “neutral” rating to a “buy” rating in a research note on Thursday, January 11th. Morgan Stanley boosted their price target on Live Nation Entertainment from $110.00 to $120.00 and gave the company an “overweight” rating in a research report on Friday, February 23rd. Oppenheimer raised their price objective on Live Nation Entertainment from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, February 21st. JPMorgan Chase & Co. increased their target price on shares of Live Nation Entertainment from $124.00 to $126.00 and gave the stock an “overweight” rating in a research report on Friday, February 23rd. Finally, TD Cowen reaffirmed a “buy” rating and set a $108.00 price target on shares of Live Nation Entertainment in a research report on Tuesday, April 16th. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $115.70.

Live Nation Entertainment Trading Down 1.7 %

NYSE LYV opened at $88.45 on Tuesday. The company has a 50-day moving average of $98.99 and a 200-day moving average of $91.52. The company has a debt-to-equity ratio of 9.30, a current ratio of 0.96 and a quick ratio of 0.96. Live Nation Entertainment has a 12 month low of $64.96 and a 12 month high of $107.24. The company has a market cap of $20.41 billion, a P/E ratio of 66.50 and a beta of 1.30.

Insider Activity at Live Nation Entertainment

In other Live Nation Entertainment news, Director Jeffrey T. Hinson sold 1,001 shares of Live Nation Entertainment stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $100.50, for a total transaction of $100,600.50. Following the sale, the director now directly owns 59,374 shares in the company, valued at approximately $5,967,087. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.85% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Live Nation Entertainment

Hedge funds have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. lifted its position in shares of Live Nation Entertainment by 133.6% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 23,365 shares of the company’s stock worth $2,471,000 after buying an additional 13,362 shares during the last quarter. Nilsine Partners LLC acquired a new stake in shares of Live Nation Entertainment in the 1st quarter worth approximately $2,008,000. Greystone Financial Group LLC acquired a new position in shares of Live Nation Entertainment during the first quarter valued at approximately $534,000. Raymond James & Associates raised its stake in shares of Live Nation Entertainment by 14.0% in the 1st quarter. Raymond James & Associates now owns 98,912 shares of the company’s stock worth $10,462,000 after buying an additional 12,128 shares in the last quarter. Finally, Trust Co. of Oklahoma acquired a new stake in Live Nation Entertainment in the 1st quarter valued at about $382,000. 74.52% of the stock is currently owned by institutional investors and hedge funds.

Live Nation Entertainment Company Profile

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.