NYSE:MSGE

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

$39.35
-0.14 (-0.35%)
(As of 02:16 PM ET)
Today's Range
$39.24
$39.72
50-Day Range
$36.92
$39.79
52-Week Range
$27.55
$40.81
Volume
50,039 shs
Average Volume
470,914 shs
Market Capitalization
$1.62 billion
P/E Ratio
25.55
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
1.2% Upside
$39.83 Price Target
Short Interest
Bearish
5.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
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.

1.18 out of 5 stars

Consumer Discretionary Sector

228th out of 267 stocks

Miscellaneous Amusement & Recreation Services Industry

17th out of 18 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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The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
MSGE Jul 2024 30.000 put
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
4/26/2024
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
+0.9%
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 expect the company's stock price to reach $39.83 in the next year. This suggests a possible upside of 1.2% 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 beginning of the year. Since then, MSGE shares have increased by 23.8% and is now trading at $39.35.
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 results on Wednesday, February, 7th. The company reported $2.59 EPS for the quarter, topping analysts' consensus estimates of $1.90 by $0.69. The firm had revenue of $402.67 million for the quarter, compared to analysts' expectations of $385.92 million. Madison Square Garden Entertainment had a negative trailing twelve-month return on equity of 94.05% and a net margin of 8.03%. The firm's revenue was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.95 EPS.

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 EPS 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 retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.28%), Simplicity Wealth LLC (0.18%), Radnor Capital Management LLC (0.06%) 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 4/26/2024 by MarketBeat.com Staff

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