NYSE:SPHR Sphere Entertainment (SPHR) Stock Price, News & Analysis $41.80 -0.62 (-1.46%) (As of 10/31/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About Sphere Entertainment Stock (NYSE:SPHR) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Sphere Entertainment alerts:Sign Up Key Stats Today's Range$41.79▼$43.2450-Day Range$39.76▼$50.0752-Week Range$27.02▼$51.83Volume706,502 shsAverage Volume741,760 shsMarket Capitalization$1.48 billionP/E RatioN/ADividend YieldN/APrice Target$50.71Consensus RatingHold Company OverviewSphere 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… Banking failure dead ahead (Ad)If you missed it, my emergency election broadcast is now available - but will be removed soonClick here to watch it now. Sphere Entertainment Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks54th Percentile Overall ScoreSPHR MarketRank™: Sphere Entertainment scored higher than 54% of companies evaluated by MarketBeat, and ranked 179th out of 289 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.1 / 5Analyst RatingHold Consensus RatingSphere Entertainment has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageSphere Entertainment has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Sphere Entertainment's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Sphere Entertainment are expected to grow in the coming year, from ($9.60) to ($7.45) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sphere Entertainment is -7.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sphere Entertainment is -7.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSphere Entertainment has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Sphere Entertainment's valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted27.88% 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 9.Change versus previous monthShort interest in Sphere Entertainment has recently increased by 11.01%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldSphere Entertainment does not currently pay a dividend.Dividend GrowthSphere Entertainment does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted27.88% 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 9.Change versus previous monthShort interest in Sphere Entertainment has recently increased by 11.01%, indicating that investor sentiment is decreasing significantly. News and Social Media2.4 / 5News Sentiment1.33 News SentimentSphere Entertainment has a news sentiment score of 1.33. 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 0.58 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Sphere Entertainment this week, compared to 5 articles on an average week. Company Ownership3.3 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Sphere Entertainment insiders have not sold or bought any company stock.Percentage Held by Insiders25.08% 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.Read more about Sphere Entertainment's insider trading history. 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 SPHR Stock News HeadlinesThe world’s second Sphere will be built in the UAE capital after the first opened in Las VegasThe world’s second Sphere will be built in the capital of the United Arab Emirates after the opening of the first in Las VegasOctober 15, 2024 | marketbeat.comMacquarie Reaffirms "Neutral" Rating for Sphere Entertainment (NYSE:SPHR)October 25, 2024 | americanbankingnews.comBanking failure dead aheadIf you missed it, my emergency election broadcast is now available - but will be removed soonOctober 31, 2024 | Porter & Company (Ad)Las Vegas Strip Sphere brings back huge rock band residencyOctober 21, 2024 | thestreet.comSphere Entertainment Expands Beyond Las Vegas, CEO Calls New Venue In Abu Dhabi 'Significant Milestone'October 16, 2024 | benzinga.comAnalysts Have Conflicting Sentiments on These Communication Services Companies: Cable ONE (CABO) and Sphere Entertainment (SPHR)October 16, 2024 | markets.businessinsider.comSPHERE ENTERTAINMENT AND THE DEPARTMENT OF CULTURE AND TOURISM - ABU DHABI ANNOUNCE PLANS TO MAKE ABU DHABI NEXT SPHERE VENUE LOCATIONOctober 15, 2024 | prnewswire.comSPHERE ENTERTAINMENT AND THE DEPARTMENT OF CULTURE AND TOURISM - ABU DHABI ANNOUNCE PLANS TO MAKE ABU DHABI NEXT SPHERE VENUE LOCATIONOctober 15, 2024 | prnewswire.comSee More Headlines SPHR Stock Analysis - Frequently Asked Questions How have SPHR shares performed this year? Sphere Entertainment's stock was trading at $33.96 at the start of the year. Since then, SPHR shares have increased by 23.1% and is now trading at $41.80. View the best growth stocks for 2024 here. How were Sphere Entertainment's earnings last quarter? Sphere Entertainment Co. (NYSE:SPHR) announced its quarterly earnings results on Wednesday, August, 14th. The company reported ($2.00) EPS for the quarter, beating analysts' consensus estimates of ($2.47) by $0.47. The firm's quarterly revenue was up 111.8% on a year-over-year basis. Who are Sphere Entertainment's major shareholders? Top institutional investors of Sphere Entertainment include O Keefe Stevens Advisory Inc. (0.53%), Carnegie Investment Counsel (0.47%), North Star Investment Management Corp. (0.38%) and Portman Square Capital LLP. Insiders that own company stock include Andrea Greenberg and Entertainment Co Sphere. 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. What other stocks do shareholders of Sphere Entertainment own? Based on aggregate information from My MarketBeat watchlists, some other companies that Sphere Entertainment investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Salesforce (CRM), Meta Platforms (META), Broadcom (AVGO), Manhattan Associates (MANH) and Advanced Micro Devices (AMD). Company Calendar Last Earnings8/14/2024Today10/31/2024Next Earnings (Estimated)11/13/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Amusement & recreation services Sub-IndustryEntertainment Current SymbolNYSE:SPHR CUSIPN/A CIK1795250 Webwww.msgentertainment.com Phone212-465-6000FaxN/AEmployees3,100Year FoundedN/APrice Target and Rating Average Stock Price Target$50.71 High Stock Price Target$63.00 Low Stock Price Target$40.00 Potential Upside/Downside+19.6%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($5.66) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-200,650,000.00 Net Margins-19.54% Pretax Margin-35.08% Return on Equity-9.02% Return on Assets-4.63% Debt Debt-to-Equity Ratio0.22 Current Ratio0.63 Quick Ratio0.63 Sales & Book Value Annual Sales$1.03 million Price / Sales1,455.94 Cash Flow$1.50 per share Price / Cash Flow28.23 Book Value$68.38 per share Price / Book0.62Miscellaneous Outstanding Shares35,360,000Free Float26,492,000Market Cap$1.50 billion OptionableNot Optionable Beta1.41 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. 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