Seaport Res Ptn Has Pessimistic View of MSGE Q1 Earnings

Madison Square Garden Entertainment Corp. (NYSE:MSGE) – Investment analysts at Seaport Res Ptn reduced their Q1 2026 earnings per share estimates for shares of Madison Square Garden Entertainment in a research note issued on Wednesday, August 13th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings per share of ($0.44) for the quarter, down from their previous estimate of ($0.38). The consensus estimate for Madison Square Garden Entertainment’s current full-year earnings is $1.04 per share. Seaport Res Ptn also issued estimates for Madison Square Garden Entertainment’s Q4 2026 earnings at ($0.60) EPS and FY2027 earnings at $2.48 EPS.

MSGE has been the subject of a number of other research reports. The Goldman Sachs Group raised their price objective on Madison Square Garden Entertainment from $36.00 to $41.00 and gave the company a “buy” rating in a research report on Wednesday, May 7th. Wall Street Zen lowered Madison Square Garden Entertainment from a “hold” rating to a “sell” rating in a report on Saturday. Morgan Stanley lifted their target price on Madison Square Garden Entertainment from $41.00 to $44.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 12th. Finally, Susquehanna initiated coverage on Madison Square Garden Entertainment in a report on Monday, April 28th. They issued a “positive” rating and a $39.00 target price for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Madison Square Garden Entertainment currently has an average rating of “Moderate Buy” and an average target price of $43.00.

Madison Square Garden Entertainment Stock Up 1.0%

MSGE stock opened at $36.71 on Monday. Madison Square Garden Entertainment has a twelve month low of $28.29 and a twelve month high of $44.14. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 60.61. The firm has a market cap of $1.74 billion, a PE ratio of 48.30 and a beta of 0.44. The business has a 50 day moving average of $38.76 and a 200 day moving average of $35.91.

Madison Square Garden Entertainment (NYSE:MSGE) last released its earnings results on Wednesday, August 13th. The company reported ($0.50) EPS for the quarter, missing analysts’ consensus estimates of ($0.47) by ($0.03). The firm had revenue of $154.14 million during the quarter, compared to analysts’ expectations of $151.17 million. Madison Square Garden Entertainment had a net margin of 3.97% and a negative return on equity of 458.14%. The company’s revenue for the quarter was down 17.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.41 EPS.

Institutional Trading of Madison Square Garden Entertainment

Several large investors have recently modified their holdings of MSGE. Ariel Investments LLC lifted its position in Madison Square Garden Entertainment by 14.5% during the fourth quarter. Ariel Investments LLC now owns 7,604,543 shares of the company’s stock valued at $270,722,000 after purchasing an additional 964,657 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Madison Square Garden Entertainment by 324.8% in the second quarter. Bank of America Corp DE now owns 667,248 shares of the company’s stock valued at $26,670,000 after acquiring an additional 510,191 shares in the last quarter. Long Pond Capital LP bought a new stake in shares of Madison Square Garden Entertainment in the first quarter worth about $13,630,000. Dendur Capital LP increased its holdings in shares of Madison Square Garden Entertainment by 60.1% in the second quarter. Dendur Capital LP now owns 925,500 shares of the company’s stock worth $36,992,000 after purchasing an additional 347,500 shares during the last quarter. Finally, Jericho Capital Asset Management L.P. increased its holdings in shares of Madison Square Garden Entertainment by 10.9% in the fourth quarter. Jericho Capital Asset Management L.P. now owns 2,733,724 shares of the company’s stock worth $97,321,000 after purchasing an additional 268,000 shares during the last quarter. Institutional investors own 96.86% of the company’s stock.

About Madison Square Garden Entertainment

Madison Square Garden Entertainment Corp. engages in the provision of entertainment services. Its portfolio of venues includes The Garden, Radio City Music Hall, the Beacon Theatre, The Theater at Madison Square, and The Chicago Theatre. The company was founded in 1879 and is headquartered in New York, NY.