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

Company Overview

Madison Square Garden Entertainment Corp. (NYSE: MSGE) is a premier live entertainment company focused on producing and hosting a wide range of events across North America. Established as a separate publicly traded entity in April 2020 through a spin-off from Madison Square Garden Company, MSGE owns and operates iconic venues such as Madison Square Garden in New York City, Radio City Music Hall, The Chicago Theatre and Sphere in Las Vegas. These facilities serve as flagship stages for concerts, sports events, family shows and cultural performances.

The company’s core business activities center on venue management, event promotion and production services. MSGE books and presents headline touring artists, family entertainment franchises and seasonal spectacles—most notably the annual Radio City Christmas Spectacular. In addition to marquee concerts and live theatre, MSGE offers tailored packages for corporate and private events, blending catering, hospitality and technical support to deliver end-to-end event solutions.

Sphere in Las Vegas represents MSGE’s foray into next-generation immersive entertainment. Featuring a domed structure with high-resolution LED screens and spatial audio, Sphere is designed to host unique multimedia performances and cinematic experiences. This investment underlines the company’s commitment to innovation in live content delivery, expanding its reach beyond traditional arena shows into cutting-edge, tech-driven experiences.

Under the leadership of Chairman and Chief Executive Officer James L. Dolan, Madison Square Garden Entertainment continues to leverage its portfolio of historic venues and new-build projects to deepen audience engagement. With a focus on expanding its digital presence and exploring global touring partnerships, the company aims to maintain its position as a leader in the live entertainment industry.

Key Stats

• Today's Range: $78.60 to $80.28
• 50-Day Range: $72.99 to $88.78
• 52-Week Range: $37.86 to $90.41
• Volume: 244,775 shs
• Average Volume: 356,311 shs
• Market Capitalization: $3.23 billion
• P/E Ratio: 57.96
• Dividend Yield: N/A
• Price Target: $91.63
• Consensus Rating: Moderate Buy

Madison Square Garden Entertainment Stock Analysis - MarketRank™

Madison Square Garden Entertainment scored higher than 73% of companies evaluated by MarketBeat, and ranked 74th out of 244 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Madison Square Garden Entertainment has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 1 strong buy rating, 4 buy ratings, 6 hold ratings, and no sell ratings.

Upside Potential

Madison Square Garden Entertainment has a consensus price target of $91.63, representing about 14.5% upside from its current price of $79.99.

Amount of Analyst Coverage

Madison Square Garden Entertainment has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 13.31%

Earnings Growth

Earnings for Madison Square Garden Entertainment are expected to grow by 13.31% in the coming year, from $2.48 to $2.81 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Madison Square Garden Entertainment is 57.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.64.

Price to Earnings Ratio vs. Sector

The P/E ratio of Madison Square Garden Entertainment is 57.96, which means that it is trading at a more expensive P/E ratio than the Communication Services sector average P/E ratio of about 24.55.

Price to Book Value per Share Ratio

Madison Square Garden Entertainment has a P/B Ratio of 70.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.68% of the float of Madison Square Garden Entertainment has been sold short.

Short Interest Ratio / Days to Cover

Madison Square Garden Entertainment has a short interest ratio ("days to cover") of 3.49, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Madison Square Garden Entertainment has recently increased by 5.12%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Madison Square Garden Entertainment does not currently pay a dividend.

Dividend Growth

Madison Square Garden Entertainment does not have a long track record of dividend growth.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.30

News Sentiment

Madison Square Garden Entertainment has a news sentiment score of 1.30. 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 0.59 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Madison Square Garden Entertainment this week, compared to 3 articles on an average week.

MarketBeat Follows

1 people have added Madison Square Garden Entertainment to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.0 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $737,873.00 in company stock.

Percentage Held by Insiders

16.41% 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 Institutions

96.86% 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.

Company Calendar

• Last Earnings: 8/12/2026
• Today: 8/22/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 6/30/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Communication Services
• Industry: Entertainment
• Sub-Industry: Movies & Entertainment
• Current Symbol: NYSE:MSGE
• Previous Symbol: NYSE:MSGE
• CIK: 1952073
• Web: www.msgentertainment.com
• Phone: (212) 465-6000
• Fax: N/A
• Employees: 6,260
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Madison Square Garden Entertainment: $91.63
• High Price Target: $103.00
• Low Price Target: $80.00
• Potential Upside/Downside: +14.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.55
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.38
• Trailing P/E Ratio: 57.96
• Forward P/E Ratio: 32.25
• P/E Growth: N/A
• Net Income: $66.19 million
• Net Margins: 6.24%
• Pretax Margin: 10.09%
• Return on Equity: 480.83%
• Return on Assets: 4.16%

Debt

• Debt-to-Equity Ratio: 11.80
• Current Ratio: 0.70
• Quick Ratio: 0.70

Sales & Book Value

• Annual Sales: $1.06 billion
• Price / Sales: 3.05
• Cash Flow: $3.85 per share
• Price / Cash Flow: 20.77
• Book Value: $1.13 per share
• Price / Book: 70.79

Miscellaneous

• Outstanding Shares: 40,440,000
• Free Float: 33,802,000
• Market Cap: $3.23 billion
• Optionable: Optionable
• Beta: 0.56