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NYSE:MSGE

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

$38.91
+0.25 (+0.65%)
(As of 07/26/2024 ET)
Today's Range
$38.64
$39.25
50-Day Range
$33.08
$38.97
52-Week Range
$27.55
$41.58
Volume
333,029 shs
Average Volume
431,969 shs
Market Capitalization
$1.60 billion
P/E Ratio
32.97
Dividend Yield
N/A
Price Target
$40.20

Madison Square Garden Entertainment MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
3.3% Upside
$40.20 Price Target
Short Interest
Healthy
6.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.89mentions of Madison Square Garden Entertainment in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.01%
From $1.23 to $1.39 Per Share

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.

1.58 out of 5 stars

Consumer Discretionary Sector

221st out of 279 stocks

Miscellaneous Amusement & Recreation Services Industry

17th out of 18 stocks

MSGE stock logo

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.

MSGE Stock Price History

MSGE Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Billy Joel bids Madison Square Garden adieu
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Next Earnings (Estimated)
8/16/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Miscellaneous amusement & recreation services
Sub-Industry
Entertainment
Fax
N/A
Employees
5,820
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.20
High Stock Price Target
$45.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+3.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$76.60 million
Pretax Margin
5.89%

Debt

Sales & Book Value

Annual Sales
$921.13 million
Cash Flow
$3.14 per share
Book Value
($1.54) per share

Miscellaneous

Free Float
33,453,000
Market Cap
$1.61 billion
Optionable
Optionable
Beta
0.18
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Key Executives

  • Mr. James Lawrence Dolan (Age 69)
    Executive Chairman & CEO
    Comp: $3.46M
  • Ms. Courtney M. Zeppetella (Age 47)
    Senior VP, Controller & Chief Accounting Officer
    Comp: $492.41k
  • Mr. Michael J. Grau (Age 58)
    CFO & Executive VP of Finance
  • Mr. Ari Danes C.F.A.
    Senior Vice President of Investor Relations, Financial Communications & Treasury
  • Ms. Laura Franco (Age 61)
    Executive VP, Chief Legal Officer & General Counsel

MSGE Stock Analysis - Frequently Asked Questions

How have MSGE shares performed this year?

Madison Square Garden Entertainment's stock was trading at $31.79 at the start of the year. Since then, MSGE stock has increased by 22.4% and is now trading at $38.91.
View the best growth stocks for 2024 here
.

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

Madison Square Garden Entertainment Corp. (NYSE:MSGE) issued its earnings results on Thursday, May, 9th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.01. The business's revenue for the quarter was up 13.5% compared to the same quarter last year.

Who are Madison Square Garden Entertainment's major shareholders?

Top institutional shareholders of Madison Square Garden Entertainment include Bank of New York Mellon Corp (0.41%), Simplicity Wealth LLC (0.18%), Assenagon Asset Management S.A. (0.14%) and SG Americas Securities LLC (0.03%). Insiders that own company stock include Thomas Charles Dolan, James Lawrence Dolan, Philip Gerard D'ambrosio, Leinauer Corby Dolan, Entertainment Co Sphere, Isiah Thomas III and Joseph F Yospe.
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 7/26/2024 by MarketBeat.com Staff

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