Garmin Ltd. vs Live Nation Entertainment, Inc. — how do they compare? Garmin Ltd. trades at $308 (market cap $59.72B), while Live Nation Entertainment, Inc. trades at $183.14 (market cap $42.71B). The key difference: Garmin Ltd. is the larger of the two by market cap, and Garmin Ltd. pays a 1.36% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| GRMN | LYV | |
|---|---|---|
Market Cap | $59.72B | $42.71B |
Sector | Technology | Industrials |
52-Week High | $313.16 | $186.59 |
52-Week Low | $187.10 | $125.61 |
Enterprise Value | $57.23B | $44.92B |
Dividend Yield | 1.36% | — |
Trailing returns across standard periods
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Read more on GRMN →Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 33% of Live Nation, held under its SiriusXM tracking stock.
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