NYSE:MSGE

Madison Square Garden Entertainment (MSGE) Stock Price, News & Analysis

$39.42
-0.07 (-0.18%)
(As of 04/26/2024 08:53 PM ET)
Today's Range
$39.24
$39.72
50-Day Range
$36.92
$39.79
52-Week Range
$27.55
$40.81
Volume
324,200 shs
Average Volume
474,332 shs
Market Capitalization
$1.62 billion
P/E Ratio
25.60
Dividend Yield
N/A
Price Target
$39.83

Madison Square Garden Entertainment MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.0% Upside
$39.83 Price Target
Short Interest
Bearish
5.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.99mentions of Madison Square Garden Entertainment in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$7.22 M Sold Last Quarter
Proj. Earnings Growth
25.93%
From $1.08 to $1.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.22 out of 5 stars

Consumer Discretionary Sector

220th out of 252 stocks

Miscellaneous Amusement & Recreation Services Industry

17th out of 17 stocks

MSGE stock logo

About Madison Square Garden Entertainment Stock (NYSE:MSGE)

Madison Square Garden Entertainment Corp. engages in live entertainment business. The company produces, presents, and hosts live entertainment events, including concerts, sports events, and other live events, such as family shows, performing arts events, and special events. Its operations include a collection of venues, the entertainment and sports bookings business, and the Christmas Spectacular Starring the Radio City Rockettes production. The company was formerly known as MSGE Spinco, Inc. Madison Square Garden Entertainment Corp. was incorporated in 2022 and is based in New York, New York.

MSGE Stock Price History

MSGE Stock News Headlines

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Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
His win rate puts Warren Buffett to shame…
Not long ago I joined Phil Ash for a private one-on-one interview. And during our time together I pulled the covers of my investing system that’s delivered 779 winners and 43,509% total profits since November of 2015… Without a single loss.
MSGE Jul 2024 30.000 put
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
4/28/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous amusement & recreation services
Sub-Industry
N/A
Fax
N/A
Employees
5,820
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$39.83
High Stock Price Target
$43.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+1.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$76.60 million
Pretax Margin
8.19%

Debt

Sales & Book Value

Annual Sales
$851.50 million
Cash Flow
$3.12 per share
Book Value
($1.54) per share

Miscellaneous

Free Float
33,424,000
Market Cap
$1.62 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. James Lawrence Dolan (Age 69)
    Executive Chairman & CEO
    Comp: $3.46M
  • Ms. Courtney M. Zeppetella (Age 47)
    Senior VP, Controller & Chief Accounting Officer
    Comp: $492.41k
  • Mr. Michael J. Grau (Age 58)
    CFO & Executive VP of Finance
  • Mr. Ari Danes C.F.A.
    Senior Vice President of Investor Relations, Financial Communications & Treasury
  • Ms. Laura Franco (Age 61)
    Executive VP, Chief Legal Officer & General Counsel

MSGE Stock Analysis - Frequently Asked Questions

Should I buy or sell Madison Square Garden Entertainment stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Madison Square Garden Entertainment in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MSGE shares.
View MSGE analyst ratings
or view top-rated stocks.

What is Madison Square Garden Entertainment's stock price target for 2024?

6 Wall Street analysts have issued 1 year target prices for Madison Square Garden Entertainment's shares. Their MSGE share price targets range from $36.00 to $43.00. On average, they anticipate the company's share price to reach $39.83 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price.
View analysts price targets for MSGE
or view top-rated stocks among Wall Street analysts.

How have MSGE shares performed in 2024?

Madison Square Garden Entertainment's stock was trading at $31.79 at the start of the year. Since then, MSGE stock has increased by 24.0% and is now trading at $39.42.
View the best growth stocks for 2024 here
.

When is Madison Square Garden Entertainment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our MSGE earnings forecast
.

How were Madison Square Garden Entertainment's earnings last quarter?

Madison Square Garden Entertainment Corp. (NYSE:MSGE) released its quarterly earnings data on Wednesday, February, 7th. The company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.69. The company earned $402.67 million during the quarter, compared to analyst estimates of $385.92 million. Madison Square Garden Entertainment had a net margin of 8.03% and a negative trailing twelve-month return on equity of 94.05%. The business's revenue was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.95 earnings per share.

What ETFs hold Madison Square Garden Entertainment's stock?
What guidance has Madison Square Garden Entertainment issued on next quarter's earnings?

Madison Square Garden Entertainment updated its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $930.0 million-$950.0 million, compared to the consensus revenue estimate of $918.1 million.

Who are Madison Square Garden Entertainment's major shareholders?

Madison Square Garden Entertainment's stock is owned by many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.28%), Simplicity Wealth LLC (0.18%), Radnor Capital Management LLC (0.06%), Pinnacle Associates Ltd. (0.04%) and NBC Securities Inc. (0.01%). Insiders that own company stock include Entertainment Co Sphere, Isiah Thomas III, James Lawrence Dolan, Joseph F Yospe, Leinauer Corby Dolan, Philip Gerard D'ambrosio and Thomas Charles Dolan.
View institutional ownership trends
.

How do I buy shares of Madison Square Garden Entertainment?

Shares of MSGE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MSGE) was last updated on 4/29/2024 by MarketBeat.com Staff

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