Seaport Res Ptn Issues Pessimistic Estimate for LYV Earnings

Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) - Research analysts at Seaport Res Ptn cut their Q1 2025 earnings per share (EPS) estimates for shares of Live Nation Entertainment in a research report issued to clients and investors on Monday, March 17th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings of ($0.22) per share for the quarter, down from their prior estimate of $0.05. 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 $0.10 EPS, Q1 2026 earnings at ($0.24) EPS and Q4 2026 earnings at ($0.05) EPS.

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

LYV has been the topic of several other research reports. Morgan Stanley upped their target price on Live Nation Entertainment from $150.00 to $170.00 and gave the company an "overweight" rating in a research report on Tuesday, February 18th. Macquarie upped their target price on Live Nation Entertainment from $146.00 to $165.00 and gave the company an "outperform" rating in a research report on Thursday, March 6th. JPMorgan Chase & Co. upped their target price on Live Nation Entertainment from $150.00 to $170.00 and gave the company an "overweight" rating in a research report on Friday, February 21st. Roth Mkm upped their target price on Live Nation Entertainment from $152.00 to $174.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Finally, Rosenblatt Securities restated a "buy" rating and set a $146.00 target price on shares of Live Nation Entertainment in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. According to data from MarketBeat.com, Live Nation Entertainment presently has a consensus rating of "Moderate Buy" and an average price target of $157.27.

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Live Nation Entertainment Stock Performance

Shares of LYV stock traded up $0.79 during trading on Wednesday, reaching $122.93. 3,075,668 shares of the company's stock were exchanged, compared to its average volume of 2,143,932. Live Nation Entertainment has a twelve month low of $86.81 and a twelve month high of $157.75. The firm's fifty day moving average price is $138.74 and its 200-day moving average price is $127.49. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 6.10. The stock has a market capitalization of $28.69 billion, a PE ratio of 45.20, a PEG ratio of 1.81 and a beta of 1.38.

Insider Buying and Selling at Live Nation Entertainment

In other news, EVP Michael Rowles sold 63,136 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $155.40, for a total value of $9,811,334.40. Following the sale, the executive vice president now directly owns 195,346 shares in the company, valued at approximately $30,356,768.40. This trade represents a 24.43 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jeffrey T. Hinson sold 500 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $122.95, for a total transaction of $61,475.00. Following the completion of the sale, the director now owns 52,624 shares in the company, valued at approximately $6,470,120.80. The trade was a 0.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 68,702 shares of company stock worth $10,497,143 over the last 90 days. Insiders own 2.72% of the company's stock.

Institutional Trading of Live Nation Entertainment

Hedge funds have recently made changes to their positions in the company. Amundi boosted its stake in shares of Live Nation Entertainment by 3.7% during the fourth quarter. Amundi now owns 1,089,290 shares of the company's stock valued at $141,945,000 after purchasing an additional 39,302 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in shares of Live Nation Entertainment by 595.3% during the fourth quarter. Wealthfront Advisers LLC now owns 39,688 shares of the company's stock valued at $5,140,000 after purchasing an additional 33,980 shares in the last quarter. Atria Wealth Solutions Inc. acquired a new stake in shares of Live Nation Entertainment during the fourth quarter valued at about $226,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Live Nation Entertainment by 12.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 971,039 shares of the company's stock valued at $106,319,000 after purchasing an additional 107,844 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in Live Nation Entertainment by 392.4% during the 3rd quarter. Empowered Funds LLC now owns 17,336 shares of the company's stock worth $1,898,000 after buying an additional 13,815 shares during the period. 74.52% of the stock is owned by institutional investors and hedge funds.

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.