Live Nation Entertainment, Inc. (LYV)

NYSE: LYV · IEX Real-Time Price · USD
95.83
+0.24 (0.25%)
At close: May 14, 2024, 4:00 PM
96.15
+0.32 (0.33%)
Pre-market: May 15, 2024, 4:16 AM EDT
0.25%
Market Cap 22.18B
Revenue (ttm) 23.42B
Net Income (ttm) 252.10M
Shares Out 231.44M
EPS (ttm) 1.05
PE Ratio 91.27
Forward PE 51.97
Dividend n/a
Ex-Dividend Date n/a
Volume 993,008
Open 96.20
Previous Close 95.59
Day's Range 95.27 - 96.93
52-Week Range 76.48 - 107.24
Beta 1.34
Analysts Strong Buy
Price Target 115.13 (+20.14%)
Earnings Date May 2, 2024

About LYV

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. The Ticketing segment manages the ticketing operations, including the provision of ticketing software a... [Read more]

Industry Entertainment
CEO Michael Rapino
Employees 31,700
Stock Exchange NYSE
Ticker Symbol LYV
Full Company Profile

Financial Performance

In 2023, LYV's revenue was $22.75 billion, an increase of 36.38% compared to the previous year's $16.68 billion. Earnings were $315.84 million, an increase of 111.67%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for LYV stock is "Strong Buy." The 12-month stock price forecast is $115.13, which is an increase of 20.14% from the latest price.

Price Target
$115.13
(20.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Live Nation's All-In Pricing Policy Delivers Increased Ticketing Transparency for Fans and More Sales for Artists in its First Six Months

Nearly 9,000 Shows Display Total Ticket Costs at Checkout as Policy Ramps up across 33 States plus Washington D.C. LOS ANGELES , May 14, 2024 /PRNewswire/ -- Live Nation Entertainment's all-in pricing...

17 hours ago - PRNewsWire

Global Icon Shania Twain Celebrates Spectacular Debut of New COME ON OVER Residency at Bakkt Theater at Planet Hollywood Resort & Casino

LAS VEGAS--(BUSINESS WIRE)--This past weekend, one of music's most renowned trailblazers and the top-selling female country artist of all-time, Shania Twain, took the stage at Bakkt Theater at Planet ...

Other symbols: CZR
1 day ago - Business Wire

Final Trades: Live Nation, Delta Air Lines and SPLV

The Investment Committee gives you their top stocks to watch for the second half.

Other symbols: DALSPLV
5 days ago - CNBC Television

Live Nation Entertainment To Participate In J.P. Morgan's 52nd Annual Global Technology, Media And Communications Conference

LOS ANGELES , May 7, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, announced today that Joe Berchtold, Live Nation Entertainment's P...

7 days ago - PRNewsWire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Live Nation Entertainment, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Live Nation Enterta...

9 days ago - Accesswire

Concert Demand Drives Live Nation Higher

The post-pandemic concert and live event boon shows no sense of slowing down. Live Nation reported record revenue in the 1st quarter - Renita Young takes us through the report.

11 days ago - Schwab Network

Live Nation's revenue beats estimates as boom in concerts drive ticket sales

Ticketmaster parent Live Nation Entertainment beat estimates for first-quarter revenue on Thursday, driven by the popularity of live events such as concerts, sending its shares up more than 3% in afte...

12 days ago - Reuters

Live Nation Entertainment Reports First Quarter 2024 Results

LOS ANGELES , May 2, 2024 /PRNewswire/ -- "Our Q1 results demonstrate that live events remain a priority for fans around the world. Global fan demand is stronger than ever, more artists are out on the...

12 days ago - PRNewsWire

Calls of the Day: Live Nation, Citigroup and Boeing

The Investment Committee discuss the latest Calls Of The Day.

Other symbols: BAC
14 days ago - CNBC Television

Law Offices of Howard G. Smith Announces Investigation of Live Nation Entertainment, Inc. (LYV) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it has commenced an investigation of potential claims against the board of directors of Live Nation Entertainment, Inc. (“...

19 days ago - Business Wire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Live Nation Entertainment, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Live Nation Ente...

23 days ago - Accesswire

Live Nation Entertainment Schedules First Quarter 2024 Earnings Release And Teleconference

LOS ANGELES , April 18, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, will release its first quarter financial results after market ...

26 days ago - PRNewsWire

Live Nation Stock Could Rise 29% As Analysts Doubt Antitrust Suit's Bite

The U.S. Department of Justice plans to file an antitrust lawsuit against Live Nation, according to the Wall Street Journal.

27 days ago - Forbes

DOJ Preparing Suit Against Live Nation

Matthew Harrigan, Benchmark Equity Analyst spoke with Romaine Bostick and Alix Steel about the DOJ preparing a suit against Live Nation, the owner of Ticketmaster. -------- More on Bloomberg Televisio...

4 weeks ago - Bloomberg Markets and Finance

Live Nation's stock is sinking on a possible antitrust suit — but Wall Street analysts aren't worried

Following reports that an antitrust lawsuit could soon hit Ticketmaster parent Live Nation Entertainment Inc., some analysts seem neither surprised or all that worried about the stock — saying there i...

4 weeks ago - Market Watch

Chart of the Day: Live Nation

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to discuss reports that the DOJ is preparing to file an antitrust suit against Live Nation.

4 weeks ago - CNBC Television

Expensive Concert Tickets? DOJ Looking Into It

Live Nation could be getting a ticket of its own, as reports say the DOJ is preparing to hand the Ticketmaster parent company an antitrust lawsuit. Share prices fell on the news, so Ben Lichtenstein d...

4 weeks ago - Schwab Network

Live Nation Stock Tumbles. It Could Be Facing an Antitrust Lawsuit.

The Wall Street Journal reports the Justice Department is preparing to sue Live Nation, the parent of Ticketmaster, as soon as next month.

4 weeks ago - Barrons

Live Nation Stock Tumbles As Company Reportedly Facing Antitrust Lawsuit

Shares in Ticketmaster parent Live Nation Entertainment (LYV) slid more than 8% in extended trading Monday evening after The Wall Street Journal reported that the U.S. Department of Justice is prepari...

4 weeks ago - Investopedia

Live Nation May Face Antitrust Lawsuit

Live Nation reportedly may be facing an antitrust lawsuit as early as May. The Justice Department is preparing to sue the concert promotion and ticketing company after investigating its size and negot...

4 weeks ago - PYMNTS

Live Nation could be hit with antitrust suit as soon as next month: report

Live Nation is expected to be hit with an antitrust lawsuit as soon as next month, The WSJ reported. The anticipated suit follows a probe into the concert giant's handling of ticket and venue negotiat...

4 weeks ago - Business Insider

TicketMaster parent Live Nation facing DOJ antitrust lawsuit as soon as May: report

Live Nation's subsidiary Ticketmaster was also widely criticized in 2022 after botched ticket sales for Taylor Swift's "Eras" tour.

4 weeks ago - New York Post

Live Nation stock falls on report of pending Justice Department antitrust suit

Shares of Ticketmaster parent Live Nation Entertainment Inc. fell after hours on Monday following a report that the Justice Department could file an antitrust suit against the concert-ticketing giant ...

4 weeks ago - Market Watch

US Justice Department to file antitrust suit against Live Nation, WSJ reports

The U.S. Department of Justice is preparing to file an antitrust lawsuit against Live Nation as soon as next month, the Wall Street Journal reported on Monday.

4 weeks ago - Reuters

Justice Department to File Antitrust Suit Against Live Nation

The agency has probed the concert giant's heft and negotiating power in ticketing and venues.

4 weeks ago - WSJ