Q1 EPS Estimate for Live Nation Entertainment Cut by Analyst

Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) - Stock analysts at Seaport Res Ptn cut their Q1 2025 EPS estimates for shares of Live Nation Entertainment in a research note issued to investors on Friday, February 21st. Seaport Res Ptn analyst D. Joyce now anticipates that the company will earn $0.05 per share for the quarter, down from their prior estimate of $0.11. 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 Q2 2025 earnings at $1.10 EPS, Q3 2025 earnings at $1.94 EPS and Q1 2026 earnings at $0.07 EPS.

LYV has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft raised their price target on shares of Live Nation Entertainment from $130.00 to $150.00 and gave the company a "buy" rating in a research report on Tuesday, November 19th. Citigroup lifted their target price on shares of Live Nation Entertainment from $130.00 to $163.00 and gave the stock a "buy" rating in a research note on Wednesday, November 20th. Evercore ISI lifted their target price on shares of Live Nation Entertainment from $110.00 to $150.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 12th. Oppenheimer lifted their target price on shares of Live Nation Entertainment from $120.00 to $155.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 12th. Finally, StockNews.com upgraded shares of Live Nation Entertainment from a "sell" rating to a "hold" rating in a report on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $156.00.

Live Nation Entertainment Stock Down 0.8 %

Shares of LYV traded down $1.19 during trading hours on Monday, reaching $140.97. 2,989,466 shares of the stock traded hands, compared to its average volume of 2,162,196. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 6.10. The stock has a fifty day simple moving average of $139.87 and a 200 day simple moving average of $123.69. Live Nation Entertainment has a 52 week low of $86.81 and a 52 week high of $157.75. The company has a market cap of $32.76 billion, a price-to-earnings ratio of 51.83, a PEG ratio of 1.81 and a beta of 1.38.

Live Nation Entertainment (NYSE:LYV - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.56 earnings per share for the quarter, beating analysts' consensus estimates of ($0.93) by $1.49. Live Nation Entertainment had a net margin of 3.90% and a return on equity of 139.09%. The company had revenue of $5.68 billion for the quarter, compared to analyst estimates of $5.67 billion.

Hedge Funds Weigh In On Live Nation Entertainment

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. lifted its stake in Live Nation Entertainment by 12.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 971,039 shares of the company's stock valued at $106,319,000 after acquiring an additional 107,844 shares during the period. Empowered Funds LLC lifted its stake in shares of Live Nation Entertainment by 392.4% in the 3rd quarter. Empowered Funds LLC now owns 17,336 shares of the company's stock worth $1,898,000 after purchasing an additional 13,815 shares during the period. Natixis Advisors LLC lifted its stake in shares of Live Nation Entertainment by 12.0% in the 3rd quarter. Natixis Advisors LLC now owns 66,481 shares of the company's stock worth $7,279,000 after purchasing an additional 7,136 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Live Nation Entertainment in the 3rd quarter worth approximately $441,000. Finally, Friedenthal Financial bought a new position in shares of Live Nation Entertainment in the 4th quarter worth approximately $754,000. Institutional investors own 74.52% of the company's stock.

Insider Buying and Selling

In other Live Nation Entertainment news, EVP Michael Rowles sold 63,136 shares of the company's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $155.40, for a total transaction of $9,811,334.40. Following the transaction, the executive vice president now owns 195,346 shares in the company, valued at approximately $30,356,768.40. This represents a 24.43 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.72% of the stock is currently owned by company insiders.

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.