Endeavor Group (EDR) to Release Quarterly Earnings on Thursday

Endeavor Group (NYSE:EDR) will post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Endeavor Group to post earnings of $0.56 per share for the quarter.

Endeavor Group (NYSE:EDR) last released its earnings results on Thursday, August 8th. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.06). The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.87 billion. Endeavor Group had a negative net margin of 6.23% and a positive return on equity of 4.45%. On average, analysts expect Endeavor Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Endeavor Group Trading Up 0.1 %

Endeavor Group stock opened at $29.03 on Wednesday. The firm has a market cap of $19.86 billion, a price-to-earnings ratio of -20.16 and a beta of 0.77. Endeavor Group has a 1 year low of $22.64 and a 1 year high of $29.67. The firm’s 50 day moving average price is $28.45 and its two-hundred day moving average price is $27.50. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.62 and a current ratio of 0.62.

Endeavor Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend was Monday, September 16th. Endeavor Group’s payout ratio is -16.67%.

Insider Buying and Selling at Endeavor Group

In other Endeavor Group news, CEO Ariel Emanuel sold 27,816 shares of Endeavor Group stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $28.01, for a total transaction of $779,126.16. Following the transaction, the chief executive officer now owns 1,831,247 shares of the company’s stock, valued at $51,293,228.47. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold a total of 225,272 shares of company stock valued at $6,372,925 in the last three months. 63.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Endeavor Group in a report on Wednesday, October 30th. They set a “hold” rating for the company. Nine investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Endeavor Group currently has an average rating of “Hold” and an average price target of $27.86.

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.