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66,000% upside on tiny biotech? (Ad)
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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
66,000% upside on tiny biotech? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
66,000% upside on tiny biotech? (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
66,000% upside on tiny biotech? (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
66,000% upside on tiny biotech? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
66,000% upside on tiny biotech? (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
66,000% upside on tiny biotech? (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
66,000% upside on tiny biotech? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
66,000% upside on tiny biotech? (Ad)
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
66,000% upside on tiny biotech? (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
NYSE:MSGE

Madison Square Garden Entertainment (MSGE) Stock Forecast, Price & News

$32.91
-0.12 (-0.36%)
(As of 09/29/2023 ET)
Compare
Today's Range
$32.76
▼
$33.30
50-Day Range
$30.65
▼
$35.41
52-Week Range
$28.09
▼
$40.81
Volume
280,561 shs
Average Volume
624,682 shs
Market Capitalization
$1.41 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$42.75
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Madison Square Garden Entertainment MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
29.9% Upside
$42.75 Price Target
Short Interest
Healthy
4.69% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.41mentions of Madison Square Garden Entertainment in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$256.50 M Sold Last Quarter
Proj. Earnings Growth
7.96%
From $1.13 to $1.22 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.55 out of 5 stars

Consumer Discretionary Sector

88th out of 269 stocks

Miscellaneous Amusement & Recreation Services Industry

5th out of 16 stocks

See Top Rated MarketRank™ Stocks Here

MSGE stock logo

About Madison Square Garden Entertainment (NYSE:MSGE) Stock

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.

MSGE Price History

MSGE Stock News Headlines

September 30, 2023 | finance.yahoo.com
Estimating The Fair Value Of Madison Square Garden Entertainment Corp. (NYSE:MSGE)
September 27, 2023 | markets.businessinsider.com
Positive Growth Indicators and Financial Performance Bolster Buy Rating for Madison Square Garden Entertainment Corp.
October 1, 2023 | Behind the Markets (Ad)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
September 26, 2023 | americanbankingnews.com
Madison Square Garden Entertainment Corp. (NYSE:MSGE) Given Average Recommendation of "Moderate Buy" by Brokerages
September 24, 2023 | americanbankingnews.com
Entertainment Co. Sphere Sells 8,221,188 Shares of Madison Square Garden Entertainment Corp. (NYSE:MSGE) Stock
September 22, 2023 | finance.yahoo.com
Las Vegas Sphere Will Open With a U2 Concert. These 3 Stocks Could Get a Lift.
September 19, 2023 | prnewswire.com
Madison Square Garden Entertainment Corp. Announces Pricing of Secondary Offering and Share Repurchase
September 18, 2023 | msn.com
Madison Square Garden Entertainment says shareholder Sphere has commenced a secondary offering of 7.2 million shares
October 1, 2023 | Behind the Markets (Ad)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
September 18, 2023 | markets.businessinsider.com
Madison Square Garden Entertainment Announces 7.15 Mln Secondary Offering, $50 Mln Share Repurchase
September 14, 2023 | msn.com
Madison Square Garden's operating permit up for 5-year extension
September 7, 2023 | msn.com
Oak View Group, MSGE and Sphere Entertainment introduce "Crown Properties Collection"
September 1, 2023 | finance.yahoo.com
YouTube Promotes NFL Sunday Ticket in Las Vegas Sphere’s First Paid Ad
August 25, 2023 | markets.businessinsider.com
Analyst Ratings for Madison Square Garden
August 23, 2023 | msn.com
4 big analyst picks: Madison Square Garden Entertainment a new Buy at BofA
August 22, 2023 | msn.com
B of A Securities Initiates Coverage of Madison Square Garden Entertainment - (MSGE) with Buy Recommendation
August 22, 2023 | za.investing.com
Madison Square Garden Entertainment a new Buy at BofA, shares gain 4%
August 22, 2023 | msn.com
BofA starts Madison Square Garden Entertainment with buy rating
August 18, 2023 | finance.yahoo.com
MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2023 FOURTH QUARTER AND FULL YEAR RESULTS
August 9, 2023 | msn.com
Madison Square Garden Entertainment: A Fairly Valued Pure Entertainment Play
August 7, 2023 | finance.yahoo.com
ACCLAIMED FAMILY HOLIDAY THEATRICAL 'TWAS THE NIGHT BEFORE… BY CIRQUE DU SOLEIL MAKES ITS HIGHLY-ANTICIPATED RETURN TO NYC & CHICAGO
August 2, 2023 | finance.yahoo.com
Madison Square Garden Entertainment Corp. (NYSE:MSGE) is definitely on the radar of institutional investors who own 29% of the company
August 1, 2023 | finance.yahoo.com
Third Avenue Management Small-Cap Value Fund Exited Madison Square Garden Entertainment Corp. (MSGE) After Spinoff
July 28, 2023 | wsj.com
Madison Square Garden Entertainment Corp.
July 26, 2023 | finance.yahoo.com
MERRY CHRISTMAS IN JULY! AMERICA'S #1 HOLIDAY PRODUCTION RETURNS!
July 26, 2023 | finance.yahoo.com
MERRY CHRISTMAS IN JULY! AMERICA'S #1 HOLIDAY PRODUCTION RETURNS!
July 12, 2023 | yahoo.com
Madison Square Garden owners to aid Penn Station rebuild process under permit OKd by NYC City Planning; City Council vote up next
See More Headlines
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MSGE Company Calendar

Last Earnings
8/18/2023
Today
9/30/2023
Next Earnings (Estimated)
11/17/2023
Fiscal Year End
6/30/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Miscellaneous amusement & recreation services
Sub-Industry
N/A
Sector
Consumer Discretionary
Current Symbol
NYSE:MSGE
CUSIP
N/A
CIK
1795250
Web
www.msgentertainment.com
Phone
(212) 465-6000
Fax
N/A
Employees
5,820
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$42.75
High Stock Price Forecast
$52.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+29.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
14.79
Current Ratio
0.55
Quick Ratio
0.55

Sales & Book Value

Annual Sales
$851.50 million
Price / Sales
1.65
Cash Flow
$3.11 per share
Price / Cash Flow
10.59
Book Value
($1.54) per share
Price / Book
-21.37

Miscellaneous

Outstanding Shares
42,705,000
Free Float
32,200,000
Market Cap
$1.41 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. James Lawrence Dolan (Age 68)
    Exec. Chairman & CEO
    Comp: $3.46M
  • Mr. David F. Byrnes (Age 53)
    Exec. VP & CFO
    Comp: $1.02M
  • Ms. Courtney M. Zeppetella (Age 46)
    Sr. VP, Controller & Chief Accounting Officer
    Comp: $492.41k
  • Mr. Jamal H. Haughton (Age 47)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $1.4M
  • Mr. Philip Gerard D'Ambrosio (Age 55)
    Exec. VP & Treasurer
    Comp: $821.24k
  • Mr. Ari Danes C.F.A.
    Sr. VP of Investor Relations, Financial Communications & Treasury

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













MSGE Stock - Frequently Asked Questions

Should I buy or sell Madison Square Garden Entertainment stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Madison Square Garden Entertainment in the last twelve months. There are currently 4 hold ratings and 4 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 forecast for 2023?

8 brokers have issued twelve-month target prices for Madison Square Garden Entertainment's stock. Their MSGE share price forecasts range from $36.00 to $52.00. On average, they predict the company's stock price to reach $42.75 in the next twelve months. This suggests a possible upside of 29.9% 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 2023?

Madison Square Garden Entertainment's stock was trading at $44.97 at the start of the year. Since then, MSGE shares have decreased by 26.8% and is now trading at $32.91.
View the best growth stocks for 2023 here.

When is Madison Square Garden Entertainment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, November 17th 2023.
View our MSGE earnings forecast.

How were Madison Square Garden Entertainment's earnings last quarter?

Madison Square Garden Entertainment Corp. (NYSE:MSGE) posted its quarterly earnings data on Friday, August, 18th. The company reported ($0.47) EPS for the quarter, beating analysts' consensus estimates of ($0.63) by $0.16. The company earned $147.90 million during the quarter, compared to analysts' expectations of $140.52 million. The business's quarterly revenue was down 17.0% compared to the same quarter last year.

What ETF holds Madison Square Garden Entertainment's stock ?

MUSQ Global Music Industry ETF holds 3,393 shares of MSGE stock, representing 1.79% of its portfolio.

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 Friday, August, 18th. The company provided EPS guidance of for the period. The company issued revenue guidance of $900.00 million-$930.00 million, compared to the consensus revenue estimate of $898.44 million.

What is Madison Square Garden Entertainment's stock symbol?

Madison Square Garden Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSGE."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Madison Square Garden Entertainment's stock price today?

One share of MSGE stock can currently be purchased for approximately $32.91.

How much money does Madison Square Garden Entertainment make?

Madison Square Garden Entertainment (NYSE:MSGE) has a market capitalization of $1.41 billion and generates $851.50 million in revenue each year.

How many employees does Madison Square Garden Entertainment have?

The company employs 5,820 workers across the globe.

How can I contact Madison Square Garden Entertainment?

Madison Square Garden Entertainment's mailing address is TWO PENNSYLVANIA PLAZA, NEW YORK NY, 10121. The official website for the company is www.msgentertainment.com. The company can be reached via phone at (212) 465-6000 or via email at investor@msg.com.

This page (NYSE:MSGE) was last updated on 10/1/2023 by MarketBeat.com Staff

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