Endeavor Group Holdings, Inc. (NYSE:EDR) Receives $27.86 Consensus Price Target from Brokerages

Shares of Endeavor Group Holdings, Inc. (NYSE:EDR) have earned an average rating of “Hold” from the nine ratings firms that are presently covering the stock, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $27.86.

Separately, StockNews.com assumed coverage on Endeavor Group in a report on Friday, November 15th. They set a “hold” rating for the company.

Endeavor Group Stock Up 0.4 %

Shares of Endeavor Group stock opened at $29.52 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $20.19 billion, a P/E ratio of -14.40 and a beta of 0.77. The business has a 50-day moving average of $28.86 and a two-hundred day moving average of $27.72. Endeavor Group has a 1 year low of $22.64 and a 1 year high of $29.67.

Endeavor Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend was Monday, September 16th. Endeavor Group’s payout ratio is presently -11.71%.

Insider Activity

In other Endeavor Group news, CEO Ariel Emanuel sold 149,280 shares of the firm’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $28.10, for a total transaction of $4,194,768.00. Following the completion of the sale, the chief executive officer now owns 1,831,247 shares of the company’s stock, valued at $51,458,040.70. This trade represents a 7.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 225,272 shares of company stock valued at $6,372,925 in the last quarter. Company insiders own 63.90% of the company’s stock.

Institutional Investors Weigh In On Endeavor Group

A number of institutional investors have recently made changes to their positions in the company. Arizona State Retirement System boosted its holdings in Endeavor Group by 1.8% in the 2nd quarter. Arizona State Retirement System now owns 50,444 shares of the company’s stock valued at $1,364,000 after purchasing an additional 898 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Endeavor Group by 2.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 40,789 shares of the company’s stock valued at $1,165,000 after buying an additional 1,066 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Endeavor Group by 3.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 46,054 shares of the company’s stock worth $1,245,000 after acquiring an additional 1,346 shares during the period. Mirador Capital Partners LP boosted its position in shares of Endeavor Group by 6.7% during the 3rd quarter. Mirador Capital Partners LP now owns 26,265 shares of the company’s stock worth $750,000 after acquiring an additional 1,655 shares in the last quarter. Finally, Comerica Bank increased its stake in Endeavor Group by 11.7% in the first quarter. Comerica Bank now owns 17,529 shares of the company’s stock valued at $451,000 after acquiring an additional 1,832 shares during the last quarter. Institutional investors own 71.37% of the company’s stock.

Endeavor Group Company Profile

Endeavor Group Holdings, Inc operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc, Professional Bull Rider, and Euroleague.