TKO Group FY2027 EPS Forecast Boosted by Seaport Res Ptn

TKO Group Holdings, Inc. (NYSE:TKO) – Analysts at Seaport Res Ptn boosted their FY2027 EPS estimates for shares of TKO Group in a research report issued to clients and investors on Wednesday, October 15th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings of $4.03 per share for the year, up from their previous forecast of $3.97. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for TKO Group’s current full-year earnings is $3.88 per share. Seaport Res Ptn also issued estimates for TKO Group’s FY2028 earnings at $4.99 EPS and FY2029 earnings at $5.38 EPS.

TKO has been the topic of several other reports. Bank of America boosted their price objective on shares of TKO Group from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, August 12th. Morgan Stanley boosted their target price on shares of TKO Group from $165.00 to $205.00 and gave the company an “equal weight” rating in a research note on Thursday, September 25th. UBS Group boosted their target price on shares of TKO Group from $200.00 to $235.00 and gave the company a “buy” rating in a research note on Wednesday, September 17th. Zacks Research raised shares of TKO Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th. Finally, JPMorgan Chase & Co. boosted their target price on shares of TKO Group from $182.00 to $212.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $210.21.

TKO Group Price Performance

TKO Group stock opened at $188.98 on Friday. TKO Group has a 52 week low of $114.01 and a 52 week high of $212.49. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.28. The firm’s 50-day simple moving average is $193.02 and its 200 day simple moving average is $173.52. The firm has a market capitalization of $37.47 billion, a PE ratio of 78.09 and a beta of 0.76.

TKO Group (NYSE:TKO) last released its quarterly earnings data on Wednesday, August 6th. The company reported $1.17 EPS for the quarter, missing the consensus estimate of $1.23 by ($0.06). TKO Group had a return on equity of 2.82% and a net margin of 5.40%.The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the prior year, the firm earned $0.72 earnings per share. TKO Group’s quarterly revenue was up 53.7% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TKO. Hemington Wealth Management grew its holdings in shares of TKO Group by 425.0% during the 1st quarter. Hemington Wealth Management now owns 168 shares of the company’s stock worth $25,000 after purchasing an additional 136 shares during the period. Whittier Trust Co. grew its holdings in shares of TKO Group by 350.0% during the 2nd quarter. Whittier Trust Co. now owns 135 shares of the company’s stock worth $25,000 after purchasing an additional 105 shares during the period. N.E.W. Advisory Services LLC purchased a new stake in shares of TKO Group during the 1st quarter worth about $26,000. Golden State Wealth Management LLC grew its holdings in shares of TKO Group by 840.0% during the 2nd quarter. Golden State Wealth Management LLC now owns 141 shares of the company’s stock worth $26,000 after purchasing an additional 126 shares during the period. Finally, Bartlett & CO. Wealth Management LLC purchased a new stake in shares of TKO Group during the 1st quarter worth about $27,000. Institutional investors and hedge funds own 89.79% of the company’s stock.

Insider Transactions at TKO Group

In other news, Director Nick Khan sold 45,168 shares of the company’s stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $170.82, for a total transaction of $7,715,597.76. Following the completion of the transaction, the director owned 156,494 shares of the company’s stock, valued at $26,732,305.08. This represents a 22.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Peter C. B. Bynoe acquired 740 shares of the company’s stock in a transaction dated Tuesday, September 16th. The shares were bought at an average cost of $203.00 per share, with a total value of $150,220.00. Following the purchase, the director owned 5,187 shares in the company, valued at approximately $1,052,961. The trade was a 16.64% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 73,725 shares of company stock valued at $12,966,373. Corporate insiders own 61.30% of the company’s stock.

TKO Group announced that its Board of Directors has initiated a share buyback program on Monday, September 15th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to buy up to 2.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

TKO Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a dividend of $0.76 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.6%. This is an increase from TKO Group’s previous quarterly dividend of $0.38. TKO Group’s dividend payout ratio is currently 125.62%.

About TKO Group

TKO Group Holdings, Inc operates as a sports and entertainment company. The company produces and licenses live events, television programs, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets.