NYSE:MSGE Madison Square Garden Entertainment (MSGE) Stock Price, News & Analysis → Pentagon contract could send this $2 AI stock soaring (From Behind the Markets) (Ad) Free MSGE Stock Alerts $39.69 +1.23 (+3.20%) (As of 02:28 PM ET) Add Compare Share Share Today's Range$38.41▼$39.7650-Day Range$36.75▼$39.7952-Week Range$27.55▼$40.81Volume93,325 shsAverage Volume478,214 shsMarket Capitalization$1.63 billionP/E Ratio25.77Dividend YieldN/APrice Target$39.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Madison Square Garden Entertainment alerts: Email Address Madison Square Garden Entertainment MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside0.4% Upside$39.83 Price TargetShort InterestBearish5.36% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.64Based on 2 Articles This WeekInsider TradingSelling Shares$7.22 M Sold Last QuarterProj. Earnings Growth25.93%From $1.08 to $1.36 Per ShareSee Full Details Hide Full Details 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.1.07 out of 5 starsConsumer Discretionary Sector232nd out of 267 stocksMiscellaneous Amusement & Recreation Services Industry17th out of 17 stocks 1.3 Analyst's Opinion Consensus RatingMadison Square Garden Entertainment has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageMadison Square Garden Entertainment has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.36% of the float of Madison Square Garden Entertainment has been sold short.Short Interest Ratio / Days to CoverMadison Square Garden Entertainment has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Madison Square Garden Entertainment has recently increased by 9.69%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldMadison Square Garden Entertainment does not currently pay a dividend.Dividend GrowthMadison Square Garden Entertainment does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MSGE. Previous Next 2.0 News and Social Media Coverage News SentimentMadison Square Garden Entertainment has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Madison Square Garden Entertainment this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 3 people have added Madison Square Garden Entertainment to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Madison Square Garden Entertainment insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,221,633.00 in company stock.Percentage Held by Insiders18.72% of the stock of Madison Square Garden Entertainment is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions96.86% of the stock of Madison Square Garden Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Madison Square Garden Entertainment are expected to grow by 25.93% in the coming year, from $1.08 to $1.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Madison Square Garden Entertainment is 25.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Madison Square Garden Entertainment is 25.77, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.59.Price to Earnings Growth RatioMadison Square Garden Entertainment has a PEG Ratio of 2.27. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsPentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...Get all the info here >>> 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.Read More MSGE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MSGE Stock News HeadlinesApril 18, 2024 | yahoo.comBilly Joel’s Madison Square Garden Special Reaches 5.7 Million Viewers on CBSApril 16, 2024 | msn.comWhy Billy Joel’s Madison Square Garden concert on CBS ended abruptlyApril 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 15, 2024 | finance.yahoo.comDo Madison Square Garden Entertainment's (NYSE:MSGE) Earnings Warrant Your Attention?April 14, 2024 | yahoo.comHow to Watch ‘The 100th: Billy Joel at Madison Square Garden’: Is the Concert Special Streaming?April 14, 2024 | yahoo.comBilly Joel at Madison Square Garden: How to Watch Tonight’s Concert Special On TV and Online for FreeApril 14, 2024 | americanbankingnews.comHead to Head Analysis: Archon (OTCMKTS:ARHN) and Madison Square Garden Entertainment (NYSE:MSGE)April 13, 2024 | yahoo.comA Dungeons & Dragons actual play show is going to sell out Madison Square GardenApril 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 11, 2024 | msn.comInside Billy Joel's 100th Madison Square Garden Concert Event: Surprise Appearances, Set List and More!April 11, 2024 | msn.comSensory room opens at Madison Square Garden with help from Yankees star Aaron Judge, wife SamanthaApril 11, 2024 | msn.com2024 Jazz in the Garden schedule, lineup announcedApril 10, 2024 | msn.comWhat to know about the Dane County Farmers Market, opening this weekend in MadisonApril 9, 2024 | seekingalpha.comMadison Square Garden Entertainment: Strong Visibility Into FY24/25 GrowthApril 8, 2024 | forbes.comDimension 20 Claims Madison Square Garden For Dungeons & DragonsApril 3, 2024 | finance.yahoo.comAre Consumer Discretionary Stocks Lagging Madison Square Garden Entertainment Corp. (MSGE) This Year?April 3, 2024 | bizjournals.comThe Yards Greenhouse expands club’s entertainment spaceApril 1, 2024 | yahoo.comMadison County School System breaks ground on new ‘Culinary Garden’April 1, 2024 | sports.yahoo.comSphere Leads Sports Stocks in March as Dolan More Than Doubles StakeMarch 28, 2024 | msn.comMarch Madness brings legions of fans, and big business, to bars around TD GardenMarch 28, 2024 | msn.comSouth Bend's 'Madison Lifestyle District' to replace parking lots with apartments, hotelMarch 28, 2024 | msn.comGarden of Laughs returns with comedy's biggest stars to raise money for charityMarch 18, 2024 | finance.yahoo.comCtrlChain is optimizing supply chains from Amsterdam to ChicagoMarch 18, 2024 | finance.yahoo.comAWS and FieldAlytics by Ever.Ag: A New Frontier in AI-Enhanced Crop Management and SustainabilityMarch 17, 2024 | msn.comJasper Green Ceremony held in Madison SquareMarch 17, 2024 | finance.yahoo.comMSGE Jul 2024 30.000 putMarch 13, 2024 | msn.comWeekend events coming to the Madison areaSee More Headlines Receive MSGE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Madison Square Garden Entertainment and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/07/2024Today4/23/2024Next Earnings (Estimated)5/16/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Miscellaneous amusement & recreation services Sub-IndustryN/A Current SymbolNYSE:MSGE CUSIPN/A CIK1795250 Webwww.msgentertainment.com Phone(212) 465-6000FaxN/AEmployees5,820Year FoundedN/APrice Target and Rating Average Stock Price Target$39.83 High Stock Price Target$43.00 Low Stock Price Target$36.00 Potential Upside/Downside+0.4%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.54 Trailing P/E Ratio25.77 Forward P/E Ratio36.75 P/E Growth2.27Net Income$76.60 million Net Margins8.03% Pretax Margin8.19% Return on Equity-94.05% Return on Assets5.98% Debt Debt-to-Equity RatioN/A Current Ratio0.47 Quick Ratio0.47 Sales & Book Value Annual Sales$851.50 million Price / Sales1.92 Cash Flow$3.26 per share Price / Cash Flow12.17 Book Value($1.54) per share Price / Book-25.77Miscellaneous Outstanding Shares41,120,000Free Float33,424,000Market Cap$1.63 billion OptionableOptionable BetaN/A 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. James Lawrence Dolan (Age 69)Executive Chairman & CEO Comp: $3.46MMs. Courtney M. Zeppetella (Age 47)Senior VP, Controller & Chief Accounting Officer Comp: $492.41kMr. Michael J. Grau (Age 58)CFO & Executive VP of Finance Mr. Ari Danes C.F.A.Senior Vice President of Investor Relations, Financial Communications & TreasuryMs. Laura Franco (Age 61)Executive VP, Chief Legal Officer & General Counsel Key CompetitorsSuper GroupNYSE:SGHCRush Street InteractiveNYSE:RSICedar FairNYSE:FUNSix Flags EntertainmentNYSE:SIXGolden EntertainmentNASDAQ:GDENView All CompetitorsInsiders & InstitutionsRadnor Capital Management LLCBought 1,125 shares on 4/11/2024Ownership: 0.056%NBC Securities Inc.Sold 1,155 shares on 4/5/2024Ownership: 0.011%PNC Financial Services Group Inc.Bought 450 shares on 3/22/2024Ownership: 0.021%Vanguard Group Inc.Sold 359,923 shares on 3/11/2024Ownership: 8.817%James Lawrence DolanSold 37,000 sharesTotal: $1.41 M ($38.10/share)View All Insider TransactionsView All Institutional Transactions MSGE Stock Analysis - Frequently Asked Questions Should I buy or sell Madison Square Garden Entertainment stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Madison Square Garden Entertainment in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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 brokers have issued 12-month 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 share price to reach $39.83 in the next year. This suggests a possible upside of 0.4% 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 shares have increased by 24.9% and is now trading at $39.69. 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) issued its earnings results on Wednesday, February, 7th. The company reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.69. The business earned $402.67 million during 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%. Madison Square Garden Entertainment's quarterly revenue was up 13.1% on a year-over-year basis. During the same period last year, the company posted $1.95 EPS. What ETFs hold Madison Square Garden Entertainment's stock? ETFs with the largest weight of Madison Square Garden Entertainment (NYSE:MSGE) stock in their portfolio include Invesco Leisure and Entertainment ETF (PEJ), MUSQ Global Music Industry ETF (MUSQ), Schwab Ariel ESG ETF (SAEF) and Zacks Small/Mid Cap Core Portfolio ETF (SMIZ).Janus Henderson Small Cap Growth Alpha ETF (JSML). 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 (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 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 4/23/2024 by MarketBeat.com Staff From Our PartnersPentagon contract could send this $2 AI stock soaringBehind the MarketsThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThis Apple-like Innovator is Revolutionizing HealthcareWall Street Startop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Madison Square Garden Entertainment Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
