Investors’ Patience Is Being Tested Right Now By Endeavor Group Holdings Inc (NYSE: EDR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Endeavor Announces Q1 2024 Cash Dividend.

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Stocks Info

Endeavor Group Holdings Inc is listed on the NYSE as a member of the Communication Services sector and is a part of the Entertainment industry. The current market capitalization of Endeavor Group Holdings Inc is $7.37B. A total of 2.43 million shares were traded on the day, compared to an average of 2.91M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, EDR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 11 BUYs and 13 SELLs from insiders. Insiders purchased 1,208,555 shares during that period but sold 976,279.

In the most recent transaction, SHAPIRO MARK S sold 22,805 shares of EDR for 24.15 per share on Feb 23. After the transaction, the insider now owns 102,966 company shares. In a previous transaction on Feb 23, Lublin Jason sold 18,525 shares at 24.15 per share. EDR shares that Chief Financial Officer owns now total 130,187.

Among the insiders who sold shares, KRAUSS SETH D disposed of 6,220 shares on Feb 23 at a per-share price of $24.15. This resulted in the CAO & Senior Counsel holding 67,920 shares of EDR after the transaction. In another insider transaction, SHAPIRO MARK S sold 70,600 shares at $24.08 per share on Feb 22. Company shares held by the insider now total 81,460.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Endeavor Group Holdings Inc pays an annual dividend of $0.12, resulting in a dividend yield of 0.49%, and it has a price to earnings (P/E) ratio of 21.86. EDR’s most recent ex-dividend date was 3/14/2024 when it declared a $0.06 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 12/14/2023. The EDR stock dividend was $0.06 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, EDR has a high of $26.26 and a low of $17.65.

As of this writing, EDR has an earnings estimate of $0.32 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.43 per share and a lower estimate of $0.18. The company reported an EPS of $0.34 in the last quarter, which was 21.40% higher than expectations of $0.28.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EDR’s latest balance sheet shows that the firm has $1.56B in Cash & Short Term Investments as of fiscal 2021. There were $6.14B in debt and $2.71B in liabilities at the time. Its Book Value Per Share was $16.02, while its Total Shareholder’s Equity was $2.33B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EDR is Buy with a score of 5.00.

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