FY2026 EPS Estimates for Live Nation Entertainment, Inc. Decreased by Seaport Res Ptn (NYSE:LYV)

Live Nation Entertainment, Inc. (NYSE:LYV) – Analysts at Seaport Res Ptn dropped their FY2026 earnings per share estimates for shares of Live Nation Entertainment in a research note issued to investors on Monday, October 14th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings per share of $2.17 for the year, down from their prior forecast of $2.29. The consensus estimate for Live Nation Entertainment’s current full-year earnings is $1.21 per share. Seaport Res Ptn also issued estimates for Live Nation Entertainment’s FY2028 earnings at $2.44 EPS.

Several other analysts have also recently commented on LYV. Macquarie raised their target price on Live Nation Entertainment from $125.00 to $130.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. JPMorgan Chase & Co. lifted their target price on Live Nation Entertainment from $116.00 to $118.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft increased their price target on shares of Live Nation Entertainment from $121.00 to $122.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Benchmark reaffirmed a “buy” rating and set a $132.00 price objective on shares of Live Nation Entertainment in a research report on Tuesday, September 10th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $123.00 target price on shares of Live Nation Entertainment in a research report on Thursday, August 15th. One analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.77.

Live Nation Entertainment Trading Down 0.8 %

NYSE LYV opened at $114.41 on Wednesday. The firm’s 50 day moving average price is $101.75 and its two-hundred day moving average price is $97.03. The company has a debt-to-equity ratio of 9.22, a quick ratio of 0.92 and a current ratio of 0.92. Live Nation Entertainment has a twelve month low of $76.48 and a twelve month high of $116.57. The stock has a market cap of $26.29 billion, a price-to-earnings ratio of 108.96, a PEG ratio of 2.65 and a beta of 1.35.

Live Nation Entertainment (NYSE:LYV) last released its earnings results on Tuesday, July 30th. The company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.06 by ($0.03). The firm had revenue of $6.02 billion during the quarter, compared to analysts’ expectations of $6.02 billion. Live Nation Entertainment had a return on equity of 84.78% and a net margin of 2.20%. The business’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the business earned $1.02 earnings per share.

Insider Buying and Selling at Live Nation Entertainment

In other Live Nation Entertainment news, EVP Michael Rowles sold 35,000 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $97.64, for a total transaction of $3,417,400.00. Following the transaction, the executive vice president now owns 167,447 shares in the company, valued at $16,349,525.08. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CAO Brian Capo sold 5,000 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $96.61, for a total transaction of $483,050.00. Following the completion of the transaction, the chief accounting officer now owns 12,327 shares of the company’s stock, valued at approximately $1,190,911.47. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michael Rowles sold 35,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $97.64, for a total value of $3,417,400.00. Following the completion of the sale, the executive vice president now directly owns 167,447 shares in the company, valued at $16,349,525.08. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 177,000 shares of company stock worth $17,238,181 over the last three months. Corporate insiders own 2.85% of the company’s stock.

Institutional Investors Weigh In On Live Nation Entertainment

Several hedge funds have recently modified their holdings of the business. Vontobel Holding Ltd. lifted its stake in shares of Live Nation Entertainment by 1.4% in the third quarter. Vontobel Holding Ltd. now owns 6,648 shares of the company’s stock valued at $728,000 after buying an additional 95 shares during the period. Mystic Asset Management Inc. grew its holdings in shares of Live Nation Entertainment by 2.1% during the 2nd quarter. Mystic Asset Management Inc. now owns 5,240 shares of the company’s stock worth $491,000 after purchasing an additional 110 shares in the last quarter. Czech National Bank raised its stake in shares of Live Nation Entertainment by 0.5% in the first quarter. Czech National Bank now owns 24,965 shares of the company’s stock valued at $2,641,000 after purchasing an additional 115 shares in the last quarter. Meiji Yasuda Life Insurance Co lifted its position in Live Nation Entertainment by 3.2% in the second quarter. Meiji Yasuda Life Insurance Co now owns 3,840 shares of the company’s stock worth $360,000 after purchasing an additional 120 shares during the period. Finally, Baker Tilly Wealth Management LLC boosted its stake in Live Nation Entertainment by 5.4% during the second quarter. Baker Tilly Wealth Management LLC now owns 2,527 shares of the company’s stock worth $237,000 after buying an additional 130 shares in the last quarter. 74.52% of the stock is owned by institutional investors.

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.