Endeavor Group (EDR) Stock Price, News & Analysis

Company Overview

Endeavor Group Holdings, Inc. operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc., Professional Bull Rider, and Euroleague. The Events, Experiences & Rights segment provides services to live events, including sporting events, fashion, art fairs and music, culinary, lifestyle festivals, and major attractions. This segment also distributes sports programming; and operates events on behalf of third parties. The Representation segment offers services to talent across entertainment, sports, and fashion, such as actors, directors, writers, athletes, models, musicians, and other artists in various mediums. This segment provides brand strategy, marketing, advertising, public relations, analytics, digital, activation, and experiential services to corporate and other clients; intellectual property licensing services to a portfolio of entertainment, sports, and consumer product brands, including clients' licensing logos, trade names, and trademarks representation. The Sports Data & Technology segment delivers live streaming and data feeds for sports events to sportsbooks, rightsholders, and media partners, as well as on-demand virtual sports products and front-end solutions, including the UFC Event Centre. This segment also specializes in betting engine products, services and technology, and bet processing, as well as trading, pricing, and risk management tools; player account and wallet solutions; front-end user experiences and user interfaces; and content offerings, such as BetBuilder, DonBest pricing feeds, and a sports content aggregation platform. The company was founded in 1898 and is based in Beverly Hills, California.

Key Stats

• Today's Range: $27.59 to $27.66
• 50-Day Range: $27.05 to $27.63
• 52-Week Range: $17.65 to $27.66
• Volume: 2.94 million shs
• Average Volume: 3.71 million shs
• Market Capitalization: $19.16 billion
• P/E Ratio: 50.29
• Dividend Yield: 0.87%
• Price Target: $27.86
• Consensus Rating: Hold

Endeavor Group Stock Analysis - MarketRank™

Endeavor Group scored higher than 39% of companies evaluated by MarketBeat, and ranked 226th out of 297 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Endeavor Group has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 1 buy rating, 8 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Endeavor Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -35.00%

Earnings Growth

Earnings for Endeavor Group are expected to decrease by -35.00% in the coming year, from $1.40 to $0.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Endeavor Group is 50.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Endeavor Group is 50.24, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.10.

Price to Book Value per Share Ratio

Endeavor Group has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.71% of the float of Endeavor Group has been sold short.

Short Interest Ratio / Days to Cover

Endeavor Group has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in Endeavor Group has recently decreased by 23.57%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Endeavor Group has a dividend yield of 0.87%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Endeavor Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Endeavor Group is 43.64%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Endeavor Group will have a dividend payout ratio of 26.37% next year. This indicates that Endeavor Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.71% of the float of Endeavor Group has been sold short.

Short Interest Ratio / Days to Cover

Endeavor Group has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in Endeavor Group has recently decreased by 23.57%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 1.37

News Sentiment

Endeavor Group has a news sentiment score of 1.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Endeavor Group this week, compared to 5 articles on an average week.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Endeavor Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $568,297.00 in company stock.

Percentage Held by Insiders

63.90% of the stock of Endeavor Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

71.37% of the stock of Endeavor Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EDR Stock Analysis - Frequently Asked Questions

How have EDR shares performed this year?

Endeavor Group's stock was trading at $23.73 at the beginning of the year. Since then, EDR stock has increased by 16.4% and is now trading at $27.63.
View the best growth stocks for 2024 here.

How were Endeavor Group's earnings last quarter?

Endeavor Group Holdings, Inc. (NYSE:EDR) released its earnings results on Thursday, August, 8th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.06. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.87 billion. Endeavor Group had a positive trailing twelve-month return on equity of 4.45% and a negative net margin of 6.23%.

When did Endeavor Group IPO?

Endeavor Group (EDR) raised $501 million in an initial public offering (IPO) on Thursday, April 29th 2021. The company issued 21,300,000 shares at $23.00-$24.00 per share. Morgan Stanley, Goldman Sachs, J.P. Morgan, KKR and Deutsche Bank Securities served as the underwriters for the IPO and Barclays, Citigroup, Credit Suisse, Evercore ISI, HSBC, Jefferies, Moelis & Co., Piper Sandler, RBC Capital Markets, UBS Investment Bank, CODE Advisors, DBO Partners, LionTree, Academy Securities, R. Seelaus & Co., LLC, Ramirez & Co., Inc. and Siebert Williams Shank were co-managers.

Who are Endeavor Group's major shareholders?

Endeavor Group's top institutional shareholders include Pentwater Capital Management LP (1.91%), Davidson Kempner Capital Management LP (1.09%), Glazer Capital LLC (0.26%) and XN LP (0.20%). Insiders that own company stock include Patrick Whitesell, Ariel Emanuel, Jason Lublin, Mark S Shapiro, Seth D Krauss, William K Fullerton and Christian Muirhead.
View institutional ownership trends.

How do I buy shares of Endeavor Group?

Shares of EDR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Endeavor Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Endeavor Group investors own include Aircastle (AYR), Healthpeak Properties (DOC), American Campus Communities (ACC), Sirius XM (SIRI), Medtronic (MDT), MSA Safety (MSA) and Automatic Data Processing (ADP).

Company Calendar

• Ex-Dividend for 6/28 Dividend: 6/14/2024
• Dividend Payable: 6/28/2024
• Last Earnings: 8/08/2024
• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Today: 9/19/2024
• Dividend Payable: 9/30/2024
• Next Earnings (Estimated): 11/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Amusement & recreation services
• Sub-Industry: Entertainment
• Current Symbol: NYSE:EDR
• CUSIP: N/A
• CIK: 1766363
• Web: www.endeavorco.com
• Phone: 310-285-9000
• Fax: N/A
• Employees: 10,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $27.86
• High Stock Price Target: $30.00
• Low Stock Price Target: $27.50
• Potential Upside/Downside: +0.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.11
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.55
• Trailing P/E Ratio: 50.27
• Forward P/E Ratio: 19.75
• P/E Growth: N/A
• Net Income: $356.52 million
• Net Margins: -6.23%
• Pretax Margin: -7.58%
• Return on Equity: 4.45%
• Return on Assets: 2.32%

Debt

• Debt-to-Equity Ratio: 0.26
• Current Ratio: 0.62
• Quick Ratio: 0.62

Sales & Book Value

• Annual Sales: $6.67 billion
• Price / Sales: 2.87
• Cash Flow: $0.61 per share
• Price / Cash Flow: 45.60
• Book Value: $16.65 per share
• Price / Book: 1.66

Miscellaneous

• Outstanding Shares: 692,868,000
• Free Float: 250,125,000
• Market Cap: $19.16 billion
• Optionable: Optionable
• Beta: 0.77