NYSE:MSGE Madison Square Garden Entertainment (MSGE) Stock Price, News & Analysis → Nvidia CEO Says It Will Be “the Next Revolution” Beyond AI (From Banyan Hill Publishing) (Ad) Free MSGE Stock Alerts $40.10 +0.68 (+1.73%) (As of 04/29/2024 ET) Add Compare Share Share Today's Range$39.21▼$40.1650-Day Range$36.92▼$40.1052-Week Range$27.55▼$40.81Volume210,260 shsAverage Volume471,112 shsMarket Capitalization$1.65 billionP/E Ratio26.04Dividend 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 Buy2.50 Rating ScoreUpside/Downside0.7% Downside$39.83 Price TargetShort InterestBearish5.71% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider 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.1.25 out of 5 starsConsumer Discretionary Sector227th out of 261 stocksMiscellaneous Amusement & Recreation Services Industry17th out of 18 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 Shorted5.71% 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 5.Change versus previous monthShort interest in Madison Square Garden Entertainment has recently increased by 6.51%, 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 2.2 News and Social Media Coverage News SentimentMadison Square Garden Entertainment has a news sentiment score of 0.99. 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 0.42 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 1 news article for Madison Square Garden Entertainment this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 2 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 26.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Madison Square Garden Entertainment is 26.04, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.35.Price to Earnings Growth RatioMadison Square Garden Entertainment has a PEG Ratio of 2.35. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable ProsperityCharles Payne’s Gift to Stock InvestorsRight now, millions of good honest folks are feeling the squeeze. Last year's terrible market did a number on their accounts. Stock values plunged. Retirement accounts lost too.Watch Insider's Advantage Event Tuesday at 4:00 PM ET 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 28, 2024 | benzinga.comCHARLES F. DOLAN CHILDREN TRUST FBO DEBORAH DOLAN-SWEENEY's Net WorthApril 18, 2024 | yahoo.comBilly Joel’s Madison Square Garden Special Reaches 5.7 Million Viewers on CBSApril 29, 2024 | Unstoppable Prosperity (Ad)Charles Payne’s Gift to Stock InvestorsRight now, millions of good honest folks are feeling the squeeze. Last year's terrible market did a number on their accounts. Stock values plunged. Retirement accounts lost too.April 16, 2024 | msn.comWhy Billy Joel’s Madison Square Garden concert on CBS ended abruptlyApril 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 13, 2024 | yahoo.comA Dungeons & Dragons actual play show is going to sell out Madison Square GardenApril 29, 2024 | Banyan Hill Publishing (Ad)Nvidia CEO Says It Will Be “the Next Revolution” Beyond AINvidia’s CEO calls it the “next amazing revolution” … and even declared it “is going to be flat out of the biggest [revolution] ever.” Jeff Bezos, Bill Gates, and Mark Zuckerberg have invested billions in it.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 Earnings2/07/2024Today4/29/2024Next 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-0.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.54 Trailing P/E Ratio26.04 Forward P/E Ratio37.13 P/E Growth2.35Net 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 / Sales1.94 Cash Flow$3.17 per share Price / Cash Flow12.64 Book Value($1.54) per share Price / Book-26.04Miscellaneous Outstanding Shares41,120,000Free Float33,424,000Market Cap$1.65 billion OptionableOptionable BetaN/A Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.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 CompetitorsRush Street InteractiveNYSE:RSICedar FairNYSE:FUNSix Flags EntertainmentNYSE:SIXGolden EntertainmentNASDAQ:GDENXponential FitnessNYSE:XPOFView All CompetitorsInsiders & InstitutionsPinnacle Associates Ltd.Bought 2,034 shares on 4/26/2024Ownership: 0.036%Assenagon Asset Management S.A.Sold 167,280 shares on 4/24/2024Ownership: 0.279%Simplicity Wealth LLCBought 75,214 shares on 4/24/2024Ownership: 0.183%Radnor 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%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 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 brokerages have issued twelve-month price objectives for Madison Square Garden Entertainment's stock. Their MSGE share price targets range from $36.00 to $43.00. On average, they anticipate the company's stock price to reach $39.83 in the next twelve months. This suggests that the stock has a possible downside of 0.7%. 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 26.1% and is now trading at $40.10. 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 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 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%. The company's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 issued an update on 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 a number of 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%), 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 From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingCharles Payne’s Gift to Stock InvestorsUnstoppable ProsperityHe Is Giving Away BitcoinCrypto Swap ProfitsForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmithElon Musk Secret Crypto Plot ExposedCrypto 101 MediaThe AI stock to buy right nowStockEarnings 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.
