The biggest stars in Latin music will be honored Thursday night at the 26th annual Premio Lo Nuestro of Music America 2014 in Miami.

Some of the artists expected to make an appearance at the star-studded event include Carlos Vives, Alejandro Sanz and Marc Anthony, who are nominated for five awards each, reports infobabe.com.

A number of artists will also hit the stage, including Enrique Iglesias, who will perform two singles from his upcoming album, Luis Fonsi, who will perform his new debut single "Heart in a Suitcase" for the first time on television, Marco Antonio Solis, who will perform her new single "With all my heart." Daddy Yankee, Pitbull, Alejandra Guzmán and Gloria Trevi will also show off their talents at the award show.

Hosting the annual ceremony is singer and actress Ninel Conde and telenovela heartthrob William Levy. It will be broadcast by the Univision from the stadium American Airlines Arena.

A litany of Telenovela stars like Altair Jarabo, Ana Brenda Contreras, Ariadne Díaz, Elizabeth Alvarez, Jorge Salinas and Marjorie de Sousa will present awards. Other presenters include breakout pop teen star Austin Mahone and Diego Luna and both the actor and director of the film "Cesar Chavez," according to a Univision press release.

Starting at 7 p.m. ET/PT (and 6 p.m. Central), Univision will provide exclusive live coverage of of stars at the "Premio Lo Nuestro" red carpet in a pre-awards special hosted by Univision's Alejandra Espinoza and Chiquinquirá Delgado, the co-hosts of "Nuestra Belleza Latina."

Watch the award show via live stream below.