Live Nation Entertainment, Inc. (LYV)

NYSE: LYV · Real-Time Price · USD
132.60
+3.60 (2.79%)
Nov 18, 2024, 4:00 PM EST - Market closed
2.79%
Market Cap 30.58B
Revenue (ttm) 23.32B
Net Income (ttm) 206.78M
Shares Out 230.60M
EPS (ttm) 0.89
PE Ratio 148.68
Forward PE 59.15
Dividend n/a
Ex-Dividend Date n/a
Volume 2,013,450
Open 128.71
Previous Close 129.00
Day's Range 128.55 - 132.73
52-Week Range 81.38 - 132.73
Beta 1.33
Analysts Strong Buy
Price Target 138.20 (+4.22%)
Earnings Date Nov 11, 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
Founded 2005
Employees 31,700
Stock Exchange NYSE
Ticker Symbol LYV
Full Company Profile

Financial Performance

In 2023, Live Nation Entertainment'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 $138.2, which is an increase of 4.22% from the latest price.

Price Target
$138.2
(4.22% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Calls of the Day: Live Nation, Netflix, Costco and Oil stocks

The Investment Committee's debate the latest Calls of The Day.

Other symbols: COSTIEONFLX
4 days ago - CNBC Television

Live Nation CEO: Live entertainment is a very scarce commodity

Live Nation CEO Michael Rapino joins, 'Mad Money' host Jim Cramer to talk the changing music and entertainment consumer, concerts, ticket pricing and scalping and more.

5 days ago - CNBC Television

Live Nation CEO talks consumer demand, says live music is 'a very scarce commodity'

Live Nation CEO Michael Rapino told CNBC's Jim Cramer on Tuesday that the nature of live music keeps it in demand. "It's a very scarce commodity," he said.

5 days ago - CNBC

Ticketmaster Parent Live Nation Stock Hits Record High on Q3 Earnings Beat

Shares of Ticketmaster's parent company Live Nation (LYV) were up by midday Tuesday after the company's third quarter earnings came in better than expected.

6 days ago - Investopedia

SHOP Pops After Earnings, ONON Steps Down, LYV Takes Spotlight

Shopify (SHOP) surged to the upside after earnings, which Caroline Woods points to another sign that "people keep spending" despite recent economic crutches. ON Holding (ONON) traded down after report...

Other symbols: ONONSHOP
6 days ago - Schwab Network

LYV Rides Concert Ticket Sales Higher, SHOP Soars After Earnings

Jenny Horne examines 2 early winners in Tuesday's trading action: Live Nation (LYV) and Shopify (SHOP). Live Nation reported a revenue miss, but its highest-ever concert profitability.

6 days ago - Schwab Network

Live Nation Entertainment, Inc. (LYV) Q3 2024 Earnings Call Transcript

Live Nation Entertainment, Inc. (NYSE:LYV) Q3 2024 Earnings Conference Call November 11, 2024 5:00 PM ET Company Participants Amy Yong - Investor Relations Joe Berchtold - President and Chief Financi...

6 days ago - Seeking Alpha

Live Nation posts upbeat quarterly profit on lower costs, shares rise

Ticketmaster-parent Live Nation Entertainment beat Wall Street estimates for third-quarter profit on Monday, helped by cost controls, sending its shares up 5.1% in extended trading.

6 days ago - Reuters

Live Nation Entertainment Reports Third Quarter 2024 Results

LOS ANGELES , Nov. 11, 2024 /PRNewswire/ -- "We wrapped up our most active summer concert season ever, our show pipeline has never been bigger, and brand sponsorships are accelerating. While operating...

7 days ago - PRNewsWire

Earnings Exchange: Live Nation, Shopify, & Tyson Foods

Gina Sanchez, chief market strategist at Lido Advisors, joins 'The Exchange' to discuss companies reporting earnings this week: Live Nation, Shopify, and Tyson Foods.

Other symbols: SHOPTSN
7 days ago - CNBC Television

Live Nation Entertainment Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Live Nation Entertainment, Inc. LYV will release earnings results for its third quarter, after the closing bell on Monday, Nov. 11.

7 days ago - Benzinga

Live Nation stock forms a bullish pattern: could it surge to $150?

Live Nation (LYV) stock price continued its strong rally, reaching a record high of $127.50 as traders eyed its upcoming earnings. It jumped to a high of $127.50, up by 100% from its lowest level last...

9 days ago - Invezz

NEW SHOW SIDE HUSTLES TO DEBUT ON VEEPS, TAKING US ALL BEHIND THE SCENES OF THE BRAND POWERHOUSES OF AVALINE, COOKIES, MDDN, HOUSLEY, AND MORE

Season One features intimate conversations with Cameron Diaz and Katherine Power, Benji and Joel Madden, Tamera Mowry-Housley and Adam Housley, rapper-turned-Cookies Founder Berner, and WWE Hall of Fa...

10 days ago - PRNewsWire

Live Nation Entertainment Schedules Earlier Date For Third Quarter 2024 Earnings Release And Teleconference

LOS ANGELES , Nov. 4, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, will release its third quarter financial results after market ho...

14 days ago - PRNewsWire

Live Nation must face consumer lawsuit over ticket prices, US appeals court rules

Live Nation Entertainment and its subsidiary Ticketmaster have failed to persuade a U.S. appeals court to block a proposed class action accusing them of charging artificially high ticket prices.

21 days ago - Reuters

Calls of the Day: Live Nation and Verizon

The Investment Committee breaks down the latest calls of the day.

Other symbols: VZ
25 days ago - CNBC Television

Final Trades: Pfizer, S&P Aerospace and Defense, and Live Nation

Today's Final Trades from the Investment Committee.

Other symbols: PFEXAR
25 days ago - CNBC Television

Live Nation Entertainment Schedules Third Quarter 2024 Earnings Release and Teleconference, Sets Dates for Investor Presentations

LOS ANGELES , Oct. 23, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, has scheduled a series of investor events. The week-long schedu...

26 days ago - PRNewsWire

Live Nation Will Prevail Over DOJ Suit, Rapino Says

Live Nation CEO Michael Rapino says the ticket seller will prevail over an antitrust lawsuit brought by the US Department of Justice. He speaks to Lucas Shaw at Bloomberg Screentime in Los Angeles.

5 weeks ago - Bloomberg Markets and Finance

Live Nation seeks to end US states' claim of damages for concertgoers

Live Nation Entertainment asked a federal judge in New York on Thursday to dismiss several states' claims that the live event promoter harmed event-goers by stifling competition with its ticket-sellin...

2 months ago - Reuters

Globally Acclaimed Music Group Black Eyed Peas Announce New Las Vegas Residency at PH Live at Planet Hollywood Resort & Casino

LAS VEGAS--(BUSINESS WIRE)--Multiple GRAMMY-winning, multi-platinum global supergroup Black Eyed Peas announce their arrival to the iconic Las Vegas Strip with Black Eyed Peas: 3008 The Las Vegas Resi...

Other symbols: CZR
2 months ago - Business Wire

Live Nation Benefits From Consumer Shift To Experiences, Social Media Trends, And Rising Sponsorships: Analyst

BofA Securities analyst Peter Henderson initiated coverage on Live Nation Entertainment, Inc. LYV with a Buy rating with a price forecast of $125.

2 months ago - Benzinga

Live Nation Entertainment To Participate In Bank Of America Securities Media, Communications & Entertainment Conference And Goldman Sachs Communacopia & Technology Conference

LOS ANGELES , Aug. 21, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, announced today that management will be presenting at Bank of A...

3 months ago - PRNewsWire

Calls of the Day: Ferrari, Snowflake, Lululemon, Mastercard, Sweetgreen, Shake Shack and Live Nation

The Investment Committee discuss the latest Calls of the Day.

Other symbols: LULUMARACESGSHAKSNOW
3 months ago - CNBC Television

Thirty-nine state AGs now support Live Nation-Ticketmaster lawsuit

The United States Department of Justice filed a major lawsuit against Live Nation-Ticketmaster in May, arguing that the entertainment giant is acting as a monopoly. An additional 10 state attorneys ge...

3 months ago - TechCrunch