Live Nation Entertainment, Inc. (LYV)
| Market Cap | 21.54B |
| Revenue (ttm) | 23.42B |
| Net Income (ttm) | 252.10M |
| Shares Out | 229.74M |
| EPS (ttm) | 1.05 |
| PE Ratio | 89.28 |
| Forward PE | 51.40 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,489,759 |
| Open | 93.00 |
| Previous Close | 93.32 |
| Day's Range | 92.75 - 94.04 |
| 52-Week Range | 76.48 - 107.24 |
| Beta | 1.34 |
| Analysts | Strong Buy |
| Price Target | 114.47 (+22.11%) |
| Earnings Date | Jul 25, 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]
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 StatementsAnalyst Forecast
According to 15 analysts, the average rating for LYV stock is "Strong Buy." The 12-month stock price forecast is $114.47, which is an increase of 22.11% from the latest price.
News
Hackers Stole Ticketmaster User Data And Tried To Sell It On The Dark Web, Parent Company Live Nation Says
In an unsettling end-of-week regulatory filing, Ticketmaster parent Live Nation Entertainment reported Friday that it had caught a hacker trying to sell user data via the dark web. The episode dates t...
Live Nation confirms Ticketmaster was hacked, says personal information stolen in data breach
Entertainment giant Live Nation has confirmed its ticketing subsidiary Ticketmaster has been hacked.
LIVE NATION UPDATE: Rosen Law Firm Provides Live Nation Entertainment, Inc. Investors Update in Securities Class Action – LYV
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, provides this update to purchasers of Live Nation Entertainment, Inc. (NYSE: LYV) securities in regard to the pending secu...
The US Wants to Break Up Ticketmaster and Live Nation: Everything to Know
A federal lawsuit alleges that Live Nation and Ticketmaster have "monopolistic control over the live events industry."
Lawsuit Update: Investors who lost money with Live Nation Entertainment, Inc. (NYSE: LYV) shares should contact the Shareholders Foundation
SAN DIEGO , May 29, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in NYSE: LYV shares against Live Nation Entertainmen...
Calls of the Day: Live Nation and Netflix
The Investment Committee breaks down the latest Calls of the Day on Live Nation and Netflix.
Will The Justice Department's Monopolization Lawsuit Kill Live Nation?
The U.S. Department of Justice sued concert promoter Live Nation and its ticketing company subsidiary Ticketmaster for monopolization on May 23. Thirty state and district attorneys general joined the ...
SeatGeek CEO Groetzinger on Live Nation suit
Jack Groetzinger, SeatGeek co-founder and CEO, joins 'Squawk Box' to discuss his take on the DOJ suing Live Nation over alleged antitrust violations, their business model, SeatGeek's presence in Europ...
Post Lawsuit, Live Nation Entertainment Stock Flat As Sales Seen Up 5%
On May 23, the U.S. Department of Justice filed a lawsuit against Live Nation Entertainment Live Nation Entertainment — aiming to break up the company, according to the Wall Street Journal.
Live Nation Faces Consumer Antitrust Lawsuit, Day After DOJ Suit
Live Nation and its Ticketmaster business are reportedly facing a consumer antitrust lawsuit that comes on the heels of a suit filed by the Justice Department. The consumer suit is the first of what's...
DOJ Attacks Live Nation For Seeing a Future Its Competitors Did Not
“Some monopolies are just so entrenched, and some problems so difficult to address, that they require decisive and effective solutions.” Those are the words of Jonathan Kanter, who runs the Department...
The Score: Target, Nvidia, Live Nation and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Live Nation Facing Class Action Suit Over ‘Excessively High Fees' In Wake Of Federal Antitrust Lawsuit
A New York ticket buyer filed a proposed class action suit against Ticketmaster and its parent company Live Nation on Thursday, alleging consumers are forced to pay high prices because the company has...
DOJ files lawsuit seeking to break up Live Nation and Ticketmaster
US Department of Justice (DOJ) officials filed an antitrust lawsuit against concert promoter and ticket seller Live Nation (LYV) on Thursday, making the case that Live Nation created a monopoly throug...
Breakingviews: Live Nation breakup will leave Swifties unsated
Live Nation Entertainment is a company with few groupies, and the $22 billion venue owner and ticket seller can now add Uncle Sam to its list of detractors. The Department of Justice sued Live Nation ...
DOJ's Doha Mekki on suing Live Nation over exerting 'monopoly power' on live music industry
Doha Mekki, DOJ principal deputy assistant attorney general for the antitrust division, joins 'Squawk Box' to discuss how much prices would come down if the DOJ is successful in its lawsuit against Li...
Live Nation ticket buyers sue in wake of US Justice Department case
Live Nation and its Ticketmaster unit have been hit with the first in a likely wave of new consumer antitrust lawsuits after the U.S. government and states sued to break up the two companies on Thursd...
Why is the Justice Department Suing Live Nation and Ticketmaster?
The DOJ and 30 states sued Live Nation and Ticketmaster for allegedly monopolizing live events like concerts and stand-up shows. Leah Nylen explains https://trib.al/GpaanuR More on Bloomberg Televisio...
Washington D.C. Attorney General explains why he's joining the DOJ suit against Live Nation
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
DOJ sues Live Nation alleging the company monopolized live events
Alleging a monopoly over live events, US Justice Department officials have filed an antitrust lawsuit against event promoter and ticket vendor Live Nation (LYV). Northeastern University School of Law ...
Live Nation President Berchtold: We don't see enough profitability to sustain a monopoly as DOJ says
Live Nation President Joe Berchtold and CNBC's Julia Boorstin join 'Closing Bell' to discuss the DOJ's lawsuit against the company.
Law Offices of Howard G. Smith Announces Investigation of Live Nation Entertainment, Inc. (LYV) on Behalf of Investors
BENSALEM, Pa. , May 23, 2024 /PRNewswire/ -- Law Offices of Howard G.
DOJ Files Antitrust Suit Against Live Nation
The US Justice Department and almost 30 states sued Live Nation Entertainment Inc., alleging an “entrenched” illegal monopoly over the live events industry and seeking to force the company to sell off...
Live Nation Entertainment Stock Tumbles as DOJ Announces Antitrust Suit
UPDATE: This article has been updated with a photo from the DOJ news conference, the latest stock price information and a stock price chart.
Live Nation Entertainment Stock Continues Slide as DOJ Announces Antitrust Suit
Ticketmaster parent Live Nation Entertainment's (LYV) stock continued to slide Thursday as the U.S. Department of Justice announced an antitrust suit against the ticketing and concert giant.