TKO Group Holdings, Inc. (NYSE:TKO) Declares None Dividend of $3.86

TKO Group Holdings, Inc. (NYSE:TKOGet Free Report) announced a None dividend on Wednesday, September 13th, Zacks reports. Stockholders of record on Friday, September 22nd will be paid a dividend of 3.86 per share on Friday, September 29th. The ex-dividend date is Thursday, September 21st.

TKO Group Stock Performance

NYSE:TKO opened at $104.13 on Tuesday. The company has a current ratio of 3.78, a quick ratio of 3.76 and a debt-to-equity ratio of 0.42. TKO Group has a 52-week low of $98.65 and a 52-week high of $104.50. The company has a market cap of $8.66 billion, a P/E ratio of 51.04 and a beta of 1.14.

TKO Group (NYSE:TKOGet Free Report) last posted its quarterly earnings results on Wednesday, August 2nd. The company reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.02). The business had revenue of $410.30 million during the quarter, compared to analysts’ expectations of $398.54 million. TKO Group had a net margin of 12.65% and a return on equity of 34.50%. As a group, equities research analysts predict that TKO Group will post 2.65 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Roth Mkm assumed coverage on TKO Group in a report on Tuesday, September 12th. They issued a “buy” rating and a $132.00 price target for the company. UBS Group assumed coverage on TKO Group in a report on Friday. They issued a “buy” rating for the company. Seaport Res Ptn raised TKO Group from a “neutral” rating to a “buy” rating in a report on Tuesday, September 12th. Finally, Guggenheim started coverage on TKO Group in a research note on Tuesday, September 12th. They issued a “buy” rating and a $130.00 target price for the company.

Check Out Our Latest Stock Report on TKO Group

Insider Activity at TKO Group

In other news, Director Jonathan Kraft purchased 5,000 shares of the stock in a transaction on Thursday, September 14th. The stock was purchased at an average price of $101.53 per share, with a total value of $507,650.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at $507,650. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 38.90% of the company’s stock.

TKO Group Company Profile

(Get Free Report)

TKO Group Holdings, Inc operates as a sports and entertainment company. The company produces live events, as well as broadcasts to TV households across approximately 170 countries. Its digital offerings include UFC FIGHT PASS, a streaming service for combat sports. The company is also involved in sports entertainment business, including entertainment on television programming, premium live events, digital media, and publishing platforms.

Read More

Receive News & Ratings for TKO Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TKO Group and related companies with's FREE daily email newsletter.