Live Nation Entertainment, Inc. (LYV)

NYSE: LYV · IEX Real-Time Price · USD
89.65
-0.44 (-0.49%)
At close: Apr 24, 2024, 4:00 PM
89.05
-0.60 (-0.67%)
After-hours: Apr 24, 2024, 7:10 PM EDT
-0.49%
Market Cap 20.69B
Revenue (ttm) 22.75B
Net Income (ttm) 563.28M
Shares Out 230.80M
EPS (ttm) 1.37
PE Ratio 65.44
Forward PE 50.51
Dividend n/a
Ex-Dividend Date n/a
Volume 1,368,259
Open 90.00
Previous Close 90.09
Day's Range 89.33 - 90.61
52-Week Range 64.96 - 107.24
Beta 1.31
Analysts Strong Buy
Price Target 113.79 (+26.93%)
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 $563.28 million, an increase of 90.31%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for LYV stock is "Strong Buy." The 12-month stock price forecast is $113.79, which is an increase of 26.93% from the latest price.

Price Target
$113.79
(26.93% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 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 ...

6 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 , April 18, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Live Nation Enterta...

6 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.

7 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...

8 days 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...

8 days 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.

8 days 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...

8 days 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.

8 days 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...

9 days 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...

9 days 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...

9 days 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.

9 days 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 ...

9 days 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.

9 days 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.

9 days ago - WSJ

HEATHER LOWERY'S FEMME IT FORWARD EXPANDS WITH NEW "MUSE" MENTORSHIP PROGRAM TO ELEVATE FEMALE CREATIVES IN MUSIC

Alicia Keys, Erykah Badu, and Teyana Taylor to Advise Emerging Creatives Across Various Disciplines, Alongside MUSE Mentors, Rapsody, Trina, and Amber Riley LOS ANGELES , April 10, 2024 /PRNewswire/ -...

14 days ago - PRNewsWire

Final Trades: Live Nation, Estee Lauder, Alphabet and Columbia Banking

The Investment Committee share their top stocks for the second half.

Other symbols: COLBELGOOGGOOGL
5 weeks ago - CNBC Television

Live Nation wants to price more concert tickets based on demand and add more VIP options

After a massive two-year rebound in concerts, Ticketmaster parent company Live Nation Entertainment Inc. is hoping to keep the momentum going for its top and bottom lines — in part via efforts to upse...

2 months ago - Market Watch

Live Nation CEO talks posting record revenue in Q4

Live Nation Entertainment CEO Michael Rapino joins 'The Exchange' with CNBC's Julia Boorstin to discuss recent earnings' record revenue, the future of live music venues, and more.

2 months ago - CNBC Television

Live Nation says ‘demand for live music continues to build.' Ticket-sale gains so far this year are mixed.

Live Nation Entertainment Inc. on Thursday said that concert-ticket sales have increased this year, albeit at a slower rate so far, following an explosion in demand over the past two years.

2 months ago - Market Watch

Ticketmaster parent Live Nation beats revenue estimates on strong concert demand

Ticketmaster parent Live Nation Entertainment beat market estimates for fourth-quarter revenue on Thursday, helped by strong concert demand during the holiday season.

2 months ago - Reuters

Live Nation Entertainment Reports Full Year And Fourth Quarter 2023 Results

LOS ANGELES , Feb. 22, 2024 /PRNewswire/ -- "The live music industry reached new heights in 2023, and demand for live music continues to build. Our digital world empowers artists to develop global fol...

2 months ago - PRNewsWire

Earnings Exchange: WBD, LYV & SQ

Quint Tatro, Joule Financial founder, joins ‘The Exchange' to discuss Warner Bros Discovery, Live Nation, Block and Dow Industrials.

Other symbols: SQWBD
2 months ago - CNBC Television

Live Nation Entertainment To Participate In Morgan Stanley's Technology, Media & Telecom Conference 2024

LOS ANGELES , Feb. 21, 2024 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV), the world's leading live entertainment company, announced today that management will participate in a fireside ...

2 months ago - PRNewsWire