During the recent session, Live Nation Entertainment Inc (NYSE:LYV)’s traded shares were 1.72 million, with the beta value of the company hitting 1.46. At the last check today, the stock’s price was $136.13, reflecting an intraday loss of -2.91% or -$4.09. The 52-week high for the LYV share is $157.75, that puts it down -15.88 from that peak though still a striking 36.23% gain since the share price plummeted to a 52-week low of $86.81. The company’s market capitalization is $31.55B, and the average trade volume was 2.55 million shares over the past three months.
Live Nation Entertainment Inc (LYV) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.52. LYV has a Sell rating from 0 analyst(s) out of 16 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 16 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.14.
Live Nation Entertainment Inc (NYSE:LYV) trade information
Live Nation Entertainment Inc (LYV) registered a -2.91% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.91% in intraday trading to $136.13, hitting a weekly high. The stock’s 5-day price performance is -5.57%, and it has moved by 2.90% in 30 days. Based on these gigs, the overall price performance for the year is 41.82%.
The consensus price target of analysts on Wall Street is $125, which implies a decrease of -8.9% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $80 and $146 respectively. As a result, LYV is trading at a discount of -7.25% off the target high and 41.23% off the low.
Live Nation Entertainment Inc (LYV) estimates and forecasts
In the rating firms’ projections, revenue will increase 12.01% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 6.93B as predicted by 18 analyst(s). Meanwhile, a consensus of 17 analyst(s) estimates revenue growth to 9.31B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 6.02B and 7.65B respectively. In this case, analysts expect current quarter sales to grow by 15.08% and then jump by 21.73% in the coming quarter.
LYV Dividends
Live Nation Entertainment Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Live Nation Entertainment Inc (NYSE:LYV)’s Major holders
The next largest institutional holding, with 13.59 million shares, is of BLACKROCK INC.’s that is approximately 5.9105% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.27 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Live Nation Entertainment Inc (LYV) shares are SELECT SECTOR SPDR TRT-The Communication Services Select Sector SPDR F and Principal Funds, Inc-MidCap Fund (f/k/a MidCap Blend Fund). Data provided on Apr 30, 2025 indicates that SELECT SECTOR SPDR TRT-The Communication Services Select Sector SPDR F owns about 7.17 shares. This amounts to just over 3.09 percent of the company’s overall shares, with a $979.4 million market value. The same data shows that the other fund manager holds slightly less at 5.45, or about 2.35% of the stock, which is worth about $744.89 million.
