Zacks Research Analysts Cut Earnings Estimates for Live Nation Entertainment, Inc. (NYSE:LYV)

Live Nation Entertainment, Inc. (NYSE:LYV) – Investment analysts at Zacks Research decreased their FY2025 earnings estimates for shares of Live Nation Entertainment in a research note issued to investors on Monday, April 22nd. Zacks Research analyst R. Department now anticipates that the company will earn $1.82 per share for the year, down from their prior forecast 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 quarterly earnings data on Thursday, February 22nd. The company reported ($1.22) EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $4.72 billion.

LYV has been the subject of a number of other research reports. Roth Capital upgraded Live Nation Entertainment from a “neutral” rating to a “buy” rating in a report on Thursday, January 11th. JPMorgan Chase & Co. increased their target price on Live Nation Entertainment from $124.00 to $126.00 and gave the stock an “overweight” rating in a report on Friday, February 23rd. Oppenheimer increased their target price on Live Nation Entertainment from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, February 21st. TD Cowen reiterated a “buy” rating and set a $108.00 target price on shares of Live Nation Entertainment in a report on Tuesday, April 16th. Finally, Rosenblatt Securities lowered their target price on Live Nation Entertainment from $124.00 to $119.00 and set a “buy” rating for the company in a report on Thursday, April 11th. One investment analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $116.30.

Live Nation Entertainment Price Performance

LYV stock opened at $89.65 on Tuesday. The stock has a 50-day moving average price of $99.05 and a two-hundred day moving average price of $91.53. The stock has a market cap of $20.69 billion, a PE ratio of 67.41 and a beta of 1.30. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 9.30. Live Nation Entertainment has a 1 year low of $64.96 and a 1 year high of $107.24.

Institutional Investors Weigh In On Live Nation Entertainment

Several hedge funds have recently bought and sold shares of the stock. Czech National Bank lifted its position in Live Nation Entertainment by 0.5% during the first quarter. Czech National Bank now owns 24,965 shares of the company’s stock worth $2,641,000 after acquiring an additional 115 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in Live Nation Entertainment by 0.4% during the third quarter. DekaBank Deutsche Girozentrale now owns 27,819 shares of the company’s stock worth $2,324,000 after acquiring an additional 117 shares during the last quarter. Hohimer Wealth Management LLC lifted its position in Live Nation Entertainment by 1.1% during the third quarter. Hohimer Wealth Management LLC now owns 11,512 shares of the company’s stock worth $956,000 after acquiring an additional 123 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Live Nation Entertainment by 1.0% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 13,252 shares of the company’s stock worth $1,100,000 after acquiring an additional 130 shares during the last quarter. Finally, Western Pacific Wealth Management LP lifted its position in Live Nation Entertainment by 15.8% during the fourth quarter. Western Pacific Wealth Management LP now owns 981 shares of the company’s stock worth $92,000 after acquiring an additional 134 shares during the last quarter. 74.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Live Nation Entertainment

In related news, Director Jeffrey T. Hinson sold 1,001 shares of the firm’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $100.50, for a total value of $100,600.50. Following the completion of the sale, the director now directly owns 59,374 shares in the company, valued at approximately $5,967,087. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.85% of the stock is currently owned by company insiders.

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.