Sectors & Industries Communication ServicesEntertainment
Best Entertainment Stocks to Buy Now (2024)
Top entertainment stocks in 2024 ranked by overall Zen Score. See the best entertainment stocks to buy now, according to analyst forecasts for the entertainment industry.

Industry: Entertainment

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Ex-dividend Date	Div. Payment Date
NFLX	NETFLIX INC	$237.77B	N/A	0.00%	N/A	N/A	N/A	N/A
LYV	LIVE NATION ENTERTAINMENT INC	$20.61B	N/A	0.00%	N/A	N/A	N/A	N/A
AMCX	AMC NETWORKS INC	$481.36M	N/A	0.00%	N/A	N/A	N/A	N/A
EDR	ENDEAVOR GROUP HOLDINGS INC	$7.93B	N/A	5.00%	N/A	N/A	N/A	N/A
SIRI	SIRIUS XM HOLDINGS INC	$11.73B	3.33%	30.00%	$0.0266	$0.10	59%	1	2024-05-09	2024-05-29
MCS	MARCUS CORP	$415.88M	1.98%	64.60%	$0.0700	$0.26	39%	1
NWSA	NEWS CORP	$13.62B	0.84%	50.00%	$0.1000	$0.20	15%	0
SPHR	SPHERE ENTERTAINMENT CO	$1.39B	N/A	0.00%	N/A	N/A	N/A	N/A
NXST	NEXSTAR MEDIA GROUP INC	$5.40B	1.67%	41.40%	$1.3500	$2.70	33%	0
AGAE	ALLIED GAMING & ENTERTAINMENT INC	$37.29M	N/A	0.00%	N/A	N/A	N/A	N/A
FOXA	FOX CORP	$14.88B	0.83%	30.20%	$0.2600	$0.26	15%	0
HUYA	HUYA INC	$1.07B	N/A	0.00%	N/A	N/A	N/A	N/A
LVO	LIVEONE INC	$168.65M	N/A	0.00%	N/A	N/A	N/A	N/A
IQ	IQIYI INC	$4.80B	N/A	0.00%	N/A	N/A	N/A	N/A
ROKU	ROKU INC	$8.52B	N/A	0.00%	N/A	N/A	N/A	N/A
IMAX	IMAX CORP	$851.95M	N/A	0.00%	N/A	N/A	N/A	N/A
DIS	WALT DISNEY CO	$202.65B	N/A	0.00%	$0.8800	N/A	N/A	1
TOON	KARTOON STUDIOS INC	$38.55M	N/A	0.00%	N/A	N/A	N/A	N/A
ADD	COLOR STAR TECHNOLOGY CO LTD	$3.46M	N/A	0.00%	N/A	N/A	N/A	N/A
ANGH	ANGHAMI INC	$32.68M	N/A	0.00%	N/A	N/A	N/A	N/A
RSVR	RESERVOIR MEDIA INC	$562.01M	N/A	N/A	N/A	N/A	N/A	N/A
PROP	PRAIRIE OPERATING CO	$151.14M	N/A	0.00%	N/A	N/A	N/A	N/A
RDI	READING INTERNATIONAL INC	$37.33M	N/A	0.00%	N/A	N/A	N/A	N/A
BREA	BRERA HOLDINGS PLC	$14.31M	N/A	0.00%	N/A	N/A	N/A	N/A
PLAY	DAVE & BUSTER's ENTERTAINMENT INC	$2.11B	N/A	0.00%	$0.1600	N/A	N/A	0
AENT	ALLIANCE ENTERTAINMENT HOLDING CORP	$227.41M	N/A	0.00%	N/A	N/A	N/A	N/A
WMG	WARNER MUSIC GROUP CORP	$17.31B	0.51%	55.70%	$0.1700	$0.17	8%	0
CNVS	CINEVERSE CORP	$10.46M	N/A	0.00%	N/A	N/A	N/A	N/A
CNK	CINEMARK HOLDINGS INC	$2.12B	N/A	0.00%	$0.3600	N/A	N/A	0
WBD	WARNER BROS DISCOVERY INC	$18.59B	N/A	0.00%	N/A	N/A	N/A	N/A
PARA	PARAMOUNT GLOBAL	$8.17B	1.63%	-133.30%	$0.0500	$0.20	32%	1	2024-06-17	2024-07-01
BATRA	ATLANTA BRAVES HOLDINGS INC	$2.53B	N/A	0.00%	N/A	N/A	N/A	N/A
AMC	AMC ENTERTAINMENT HOLDINGS INC	$781.94M	N/A	0.00%	$0.1000	N/A	N/A	3
GAIA	GAIA INC	$86.86M	N/A	0.00%	N/A	N/A	N/A	N/A
CPOP	POP CULTURE GROUP CO LTD	$3.94M	N/A	0.00%	N/A	N/A	N/A	N/A
HOFV	HALL OF FAME RESORT & ENTERTAINMENT CO	$19.57M	N/A	0.00%	N/A	N/A	N/A	N/A
TKO	TKO GROUP HOLDINGS INC	$16.46B	0.13%	-925.60%	$0.1200	$0.12	1%	0
FWONA	LIBERTY MEDIA CORP	$20.58B	2.01%	N/A	$1.2682	$1.27	40%	0
MANU	MANCHESTER UNITED PLC	$2.62B	N/A	0.00%	$0.0900	N/A	N/A	0
MSGS	MADISON SQUARE GARDEN SPORTS CORP	$4.45B	N/A	0.00%	$7.0000	N/A	N/A	0
SBGI	SINCLAIR INC	$813.47M	5.86%	-22.40%	$0.2500	$0.75	83%	0
KUKE	KUKE MUSIC HOLDING LTD	$79.98M	N/A	N/A	N/A	N/A	N/A	N/A
CSSE	CHICKEN SOUP FOR THE SOUL ENTERTAINMENT INC	$11.08M	N/A	0.00%	$0.4500	N/A	N/A	0
LGF.B	LIONS GATE ENTERTAINMENT CORP	$2.30B	N/A	0.00%	$0.0900	N/A	N/A	0
MMV	MULTIMETAVERSE HOLDINGS LTD	$17.71M	N/A	0.00%	N/A	N/A	N/A	N/A

Entertainment Stocks FAQ

What are the best entertainment stocks to buy right now in May 2024?

According to Zen Score, the 3 best entertainment stocks to buy right now are:

1. Netflix (NASDAQ:NFLX)

Netflix (NASDAQ:NFLX) is the top entertainment stock with a Zen Score of 52, which is 31 points higher than the entertainment industry average of 21. It passed 18 out of 33 due diligence checks and has strong fundamentals. Netflix has seen its stock return 70.22% over the past year, overperforming other entertainment stocks by 61 percentage points.

Netflix has an average 1 year price target of $649.82, an upside of 17.78% from Netflix's current stock price of $551.71.

Netflix stock has a consensus Buy recommendation according to Wall Street analysts. Of the 28 analysts covering Netflix, 42.86% have issued a Strong Buy rating, 25% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 3.57% have issued a Strong Sell.

2. Live Nation Entertainment (NYSE:LYV)

Live Nation Entertainment (NYSE:LYV) is the second best entertainment stock with a Zen Score of 46, which is 25 points higher than the entertainment industry average of 21. It passed 16 out of 33 due diligence checks and has strong fundamentals. Live Nation Entertainment has seen its stock return 30.53% over the past year, overperforming other entertainment stocks by 21 percentage points.

Live Nation Entertainment has an average 1 year price target of $119.00, an upside of 33.29% from Live Nation Entertainment's current stock price of $89.28.

Live Nation Entertainment stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Live Nation Entertainment, 85.71% have issued a Strong Buy rating, 14.29% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Amc Networks (NASDAQ:AMCX)

Amc Networks (NASDAQ:AMCX) is the third best entertainment stock with a Zen Score of 45, which is 24 points higher than the entertainment industry average of 21. It passed 14 out of 33 due diligence checks and has strong fundamentals. Amc Networks has seen its stock lose -38.51% over the past year, underperforming other entertainment stocks by -48 percentage points.

Amc Networks has an average 1 year price target of $11.00, a downside of -0.45% from Amc Networks's current stock price of $11.05.

Amc Networks stock has a consensus Strong Sell recommendation according to Wall Street analysts. Of the 1 analyst covering Amc Networks, 0% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 100% have issued a Strong Sell.

What are the entertainment stocks with highest dividends?

Out of 6 entertainment stocks that have issued dividends in the past year, the 3 entertainment stocks with the highest dividend yields are:

1. Sirius Xm Holdings (NASDAQ:SIRI)

Sirius Xm Holdings (NASDAQ:SIRI) has an annual dividend yield of 3.33%, which is 1 percentage points higher than the entertainment industry average of 1.88%. Sirius Xm Holdings's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Sirius Xm Holdings's dividend has shown consistent growth over the last 10 years.

Sirius Xm Holdings's dividend payout ratio of 30% indicates that its dividend yield is sustainable for the long-term.

2. Liberty Media (NASDAQ:FWONA)

Liberty Media (NASDAQ:FWONA) has an annual dividend yield of 2.01%, which is the same as the entertainment industry average of 1.88%.

3. Marcus (NYSE:MCS)

Marcus (NYSE:MCS) has an annual dividend yield of 1.98%, which is the same as the entertainment industry average of 1.88%. Marcus's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Marcus's dividend has not shown consistent growth over the last 10 years.

Marcus's dividend payout ratio of 64.6% indicates that its dividend yield is sustainable for the long-term.

Why are entertainment stocks up?

Entertainment stocks were up 0.58% in the last day, and down -1.02% over the last week.

We couldn't find a catalyst for why entertainment stocks are up.

What are the most undervalued entertainment stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued entertainment stocks right now are:

1. Nexstar Media Group (NASDAQ:NXST)

Nexstar Media Group (NASDAQ:NXST) is the most undervalued entertainment stock based on WallStreetZen's Valuation Score. Nexstar Media Group has a valuation score of 100, which is 79 points higher than the entertainment industry average of 21. It passed 7 out of 7 valuation due diligence checks.

Nexstar Media Group's stock has dropped -6.87% in the past year. It has underperformed other stocks in the entertainment industry by -17 percentage points.

2. Sirius Xm Holdings (NASDAQ:SIRI)

Sirius Xm Holdings (NASDAQ:SIRI) is the second most undervalued entertainment stock based on WallStreetZen's Valuation Score. Sirius Xm Holdings has a valuation score of 86, which is 65 points higher than the entertainment industry average of 21. It passed 6 out of 7 valuation due diligence checks.

Sirius Xm Holdings's stock has dropped -19.31% in the past year. It has underperformed other stocks in the entertainment industry by -29 percentage points.

3. Fox (NASDAQ:FOXA)

Fox (NASDAQ:FOXA) is the third most undervalued entertainment stock based on WallStreetZen's Valuation Score. Fox has a valuation score of 71, which is 50 points higher than the entertainment industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Fox's stock has dropped -5.92% in the past year. It has underperformed other stocks in the entertainment industry by -16 percentage points.

Are entertainment stocks a good buy now?

37.04% of entertainment stocks rated by analysts are a buy right now. On average, analysts expect entertainment stocks to rise by 25.06% over the next year.

What is the average p/e ratio of the entertainment industry?

The average P/E ratio of the entertainment industry is 34.24x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.