NYSE:SPHR Sphere Entertainment (SPHR) Stock Price, News & Analysis → The Best AI Stock to Own in the World Today is Trading for Just $25 (From Banyan Hill Publishing) (Ad) Free SPHR Stock Alerts $40.23 -0.89 (-2.16%) (As of 03:15 PM ET) Add Compare Share Share Today's Range$38.92▼$40.7650-Day Range$37.95▼$50.8852-Week Range$20.68▼$51.83Volume441,590 shsAverage Volume719,625 shsMarket Capitalization$1.41 billionP/E Ratio3.80Dividend YieldN/APrice Target$35.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Sphere Entertainment alerts: Email Address Sphere Entertainment MarketRank™ Stock AnalysisAnalyst RatingHold2.14 Rating ScoreUpside/Downside11.5% Downside$35.60 Price TargetShort InterestBearish24.21% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.52Based on 3 Articles This WeekInsider TradingAcquiring Shares$10.71 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($3.88) to ($3.78) 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.1.43 out of 5 starsConsumer Discretionary Sector224th out of 270 stocksAmusement & Recreation Services Industry10th out of 13 stocks 1.1 Analyst's Opinion Consensus RatingSphere Entertainment has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageSphere Entertainment has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted24.21% of the float of Sphere Entertainment has been sold short.Short Interest Ratio / Days to CoverSphere Entertainment has a short interest ratio ("days to cover") of 8.6.Change versus previous monthShort interest in Sphere Entertainment has recently increased by 5.61%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSphere Entertainment does not currently pay a dividend.Dividend GrowthSphere 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 SPHR. Previous Next 2.0 News and Social Media Coverage News SentimentSphere Entertainment has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Sphere Entertainment this week, compared to 4 articles on an average week.Search InterestOnly 5 people have searched for SPHR on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat Follows11 people have added Sphere Entertainment to their MarketBeat watchlist in the last 30 days. This is an increase of 267% compared to the previous 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sphere Entertainment insiders have bought 1,630.47% more of their company's stock than they have sold. Specifically, they have bought $10,706,120.00 in company stock and sold $618,681.00 in company stock.Percentage Held by Insiders24.46% of the stock of Sphere Entertainment is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions92.03% of the stock of Sphere 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 Sphere Entertainment are expected to grow in the coming year, from ($3.88) to ($3.78) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sphere Entertainment is 3.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Sphere Entertainment is 3.80, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.52.Price to Book Value per Share RatioSphere Entertainment has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. About Sphere Entertainment Stock (NYSE:SPHR)Sphere Entertainment Co. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates entertainment dining and nightlife venues markets under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York.Read More SPHR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPHR Stock News HeadlinesApril 8, 2024 | marketbeat.comThe 5 Hottest CEO Stock Purchases So Far This YearInsider buying is good. It shows management's confidence in a business, helping to support investor sentiment, and no insider is more significant than the CEO.April 8, 2024 | marketbeat.comThe 5 Hottest CEO Stock Purchases So Far This YearInsider buying is a telling indicator for investors, and no insider is as significant as the CEO. This is a look at the five hottest CEO buys this year.April 25, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.April 22, 2024 | seekingalpha.comThe Sizzle Is Fading For Sphere EntertainmentApril 21, 2024 | nasdaq.comNotable Two Hundred Day Moving Average Cross - SPHRApril 21, 2024 | americanbankingnews.comSphere Entertainment (NYSE:SPHR) Trading Up 4.7%April 8, 2024 | msn.comIt’s time for Sphere shares to ‘take a breather’ says Seaport, downgrading the entertainment venue’s stockApril 8, 2024 | msn.comSphere Entertainment cut to Neutral at SeaportApril 25, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.April 3, 2024 | finance.yahoo.comSphere Entertainment Co. (SPHR) Fell Due to Concerns Over Its High Fixed Costs and LeverageMarch 29, 2024 | msn.comExecutive Turntable: Sphere Gets Creative; PushaRod Joins Hallwood; Wasserman Orchestrates DivisionMarch 27, 2024 | benzinga.comSphere Entertainment Stock (NYSE:SPHR), Quotes and News SummaryMarch 20, 2024 | finance.yahoo.comSPHERE ANNOUNCES FIRST KEYNOTE EVENT WITH HEWLETT PACKARD ENTERPRISE - NEXT-GENERATION VENUE POISED TO REDEFINE BRAND STORYTELLING AND KEYNOTE CATEGORYMarch 17, 2024 | msn.comFor St. Patrick’s Day, U2 toasts Sphere finaleMarch 17, 2024 | finance.yahoo.comSPHR Apr 2024 57.000 callMarch 16, 2024 | finance.yahoo.comSPHR Mar 2024 57.000 callMarch 16, 2024 | finance.yahoo.comSPHR Mar 2024 40.000 putMarch 15, 2024 | msn.comSphere launches student design challenge to feature artwork on exosphereMarch 14, 2024 | finance.yahoo.comShareholders in Sphere Entertainment (NYSE:SPHR) are in the red if they invested three years agoMarch 14, 2024 | prnewswire.comSPHERE LAUNCHES "SPHERE XO STUDENT DESIGN CHALLENGE" A FIRST-OF-ITS-KIND PARTNERSHIP WITH THE LAS VEGAS COMMUNITY MARKING THE FIRST TIME MEMBERS OF THE GENERAL PUBLIC WILL SEE THEIR ART FEATURED ON THE EXOSPHEREMarch 14, 2024 | ca.finance.yahoo.comSphere Entertainment Co (MQ2.SG)March 13, 2024 | benzinga.comDogwifhat Raises $650K To Put Meme Coin On Las Vegas Sphere: 'This Cycle Is Going To Get Crazier' Crypto Writer SaysMarch 13, 2024 | msn.comU2 at Sphere: 5 best moments of 2024 showsMarch 11, 2024 | finance.yahoo.comSPHR Mar 2024 52.500 putMarch 10, 2024 | finance.yahoo.comSPHR Apr 2024 50.000 callMarch 10, 2024 | msn.com3 Entertainment Stocks Set to Soar as the Digital Future UnfoldsMarch 10, 2024 | 247wallst.comBuffett Loads Up on This Stock Again, Plus CEO Insider BuyingSee More Headlines Receive SPHR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sphere Entertainment and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/05/2024Today4/25/2024Next Earnings (Estimated)5/08/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Amusement & recreation services Sub-IndustryN/A Current SymbolNYSE:SPHR CUSIPN/A CIK1795250 Webwww.msgentertainment.com Phone212-465-6000FaxN/AEmployees1,100Year FoundedN/APrice Target and Rating Average Stock Price Target$35.60 High Stock Price Target$43.00 Low Stock Price Target$26.00 Potential Upside/Downside-13.4%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$10.58 Trailing P/E Ratio3.89 Forward P/E RatioN/A P/E GrowthN/ANet Income$502.77 million Net Margins40.36% Pretax Margin18.18% Return on Equity8.91% Return on Assets4.17% Debt Debt-to-Equity Ratio0.21 Current Ratio0.63 Quick Ratio0.63 Sales & Book Value Annual Sales$723.33 million Price / Sales2.00 Cash Flow$7.97 per share Price / Cash Flow5.16 Book Value$74.78 per share Price / Book0.55Miscellaneous Outstanding Shares35,139,000Free Float26,544,000Market Cap$1.44 billion OptionableNot Optionable Beta1.40 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. James Lawrence Dolan (Age 69)Executive Chairman & CEO Comp: $5.34MMr. David F. Byrnes (Age 54)Executive VP, CFO & Treasurer Comp: $1.46MMr. Gregory Brunner (Age 41)Senior VP, Controller & Principal Accounting Officer Comp: $176.05kMr. David Granville-Smith (Age 57)Executive Vice President Comp: $946.54kMs. Andrea Greenberg (Age 65)President & CEO of MSG Networks Comp: $4.12MMr. Ari Danes C.F.A.Senior Vice President of Investor Relations, Financial Communications & TreasuryMikyl CordovaExecutive Vice President of Communications & MarketingMr. Joel FisherExecutive Vice President of Marquee Events and OperationsMr. Richard ConstableExecutive VP & Global Head of Government Affairs and Social ImpactMr. James J. Claffey Jr.Executive Vice President of Venue ManagementMore ExecutivesKey CompetitorsBowleroNYSE:BOWLNeoGamesNASDAQ:NGMSAccel EntertainmentNYSE:ACELReservoir MediaNASDAQ:RSVRManchester UnitedNYSE:MANUView All CompetitorsInsiders & InstitutionsRedmont Wealth Advisors LLCBought 1,948 shares on 4/19/2024Ownership: 0.044%Allspring Global Investments Holdings LLCBought 5,186 shares on 4/18/2024Ownership: 0.015%Cannon Global Investment Management LLCBought 5,900 shares on 4/17/2024Ownership: 0.017%O Keefe Stevens Advisory Inc.Bought 2,383 shares on 4/11/2024Ownership: 0.474%Radnor Capital Management LLCBought 925 shares on 4/11/2024Ownership: 0.065%View All Insider TransactionsView All Institutional Transactions SPHR Stock Analysis - Frequently Asked Questions Should I buy or sell Sphere Entertainment stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sphere Entertainment in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SPHR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPHR, but not buy additional shares or sell existing shares. View SPHR analyst ratings or view top-rated stocks. What is Sphere Entertainment's stock price target for 2024? 7 Wall Street analysts have issued 12 month target prices for Sphere Entertainment's shares. Their SPHR share price targets range from $26.00 to $43.00. On average, they anticipate the company's stock price to reach $35.60 in the next twelve months. This suggests that the stock has a possible downside of 11.5%. View analysts price targets for SPHR or view top-rated stocks among Wall Street analysts. How have SPHR shares performed in 2024? Sphere Entertainment's stock was trading at $33.96 on January 1st, 2024. Since then, SPHR stock has increased by 18.5% and is now trading at $40.23. View the best growth stocks for 2024 here. When is Sphere Entertainment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our SPHR earnings forecast. How were Sphere Entertainment's earnings last quarter? Sphere Entertainment Co. (NYSE:SPHR) posted its quarterly earnings results on Monday, February, 5th. The company reported ($4.91) earnings per share for the quarter, missing the consensus estimate of ($0.49) by $4.42. The firm had revenue of $314.16 million for the quarter, compared to analyst estimates of $303.28 million. Sphere Entertainment had a trailing twelve-month return on equity of 8.91% and a net margin of 40.36%. The company's quarterly revenue was up 96.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.25 EPS. What ETFs hold Sphere Entertainment's stock? ETFs with the largest weight of Sphere Entertainment (NYSE:SPHR) stock in their portfolio include MUSQ Global Music Industry ETF (MUSQ), Invesco Leisure and Entertainment ETF (PEJ), Invesco S&P Spin-Off ETF (CSD) and EA Bridgeway Omni Small-Cap Value ETF (BSVO).WisdomTree U.S. SmallCap Fund (EES). Who are Sphere Entertainment's major shareholders? Sphere Entertainment's stock is owned by a number of institutional and retail investors. Top institutional investors include O Keefe Stevens Advisory Inc. (0.47%), Radnor Capital Management LLC (0.07%), Redmont Wealth Advisors LLC (0.04%), Cannon Global Investment Management LLC (0.02%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Andrea Greenberg, Entertainment Co Sphere and James Lawrence Dolan. View institutional ownership trends. How do I buy shares of Sphere Entertainment? Shares of SPHR 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:SPHR) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarThe A.I. story nobody is telling you (Read ASAP)TradeSmithRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldHe Is Giving Away BitcoinCrypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyYour Money is Not SafeAmerican Alternative 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 Sphere Entertainment Co. 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.
