NYSE:MSGE Madison Square Garden Entertainment (MSGE) Stock Forecast, Price & News $38.45 +1.03 (+2.75%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$37.10▼$39.5950-Day Range$28.70▼$60.6952-Week Range$28.09▼$40.81Volume222,418 shsAverage Volume356,338 shsMarket Capitalization$1.99 billionP/E RatioN/ADividend YieldN/APrice Target$43.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Madison Square Garden Entertainment MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside13.1% Upside$43.50 Price TargetShort InterestBearish6.12% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.39Based on 7 Articles This WeekInsider TradingSelling Shares$54,445 Sold Last QuarterProj. Earnings Growth17.05%From $0.88 to $1.03 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.28 out of 5 starsConsumer Discretionary Sector104th out of 260 stocks 3.3 Analyst's Opinion Consensus RatingMadison Square Garden Entertainment has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $43.50, Madison Square Garden Entertainment has a forecasted upside of 13.1% from its current price of $38.45.Amount of Analyst CoverageMadison Square Garden Entertainment has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.12% 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 4.5.Change versus previous month 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 3.5 News and Social Media Coverage News SentimentMadison Square Garden Entertainment has a news sentiment score of 1.39. 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 0.60 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Madison Square Garden Entertainment this week, compared to 2 articles on an average week.Search Interest5 people have searched for MSGE on MarketBeat in the last 30 days. Previous Next 2.5 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 $54,445.00 in company stock.Percentage Held by Institutions73.28% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Madison Square Garden Entertainment are expected to grow by 17.05% in the coming year, from $0.88 to $1.03 per share. Previous Next See Top Rated MarketRank™ Stocks Here About Madison Square Garden Entertainment (NYSE:MSGE) StockMadison Square Garden Entertainment Corp. 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 70 entertainment dining and nightlife venues spanning 20 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its Christmas Spectacular at Radio City Music Hall. The company was founded in 2006 and is based in New York, New York.Read More 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 MSGE Stock News HeadlinesJune 1, 2023 | msn.comMacquarie Initiates Coverage of Madison Square Garden Entertainment - (MSGE) with Outperform RecommendationJune 1, 2023 | finance.yahoo.comTHE GREATEST ARENA RUN OF ALL TIME TO COME TO AN ENDJune 7, 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.June 1, 2023 | finance.yahoo.comMadison Square Garden Entertainment Corp. (MSGE) Advanced on Strength in Entertainment BusinessJune 1, 2023 | americanbankingnews.comMacquarie Initiates Coverage on Madison Square Garden Entertainment (NYSE:MSGE)May 29, 2023 | americanbankingnews.comMadison Square Garden Entertainment (NYSE:MSGE) Research Coverage Started at Morgan StanleyMay 27, 2023 | americanbankingnews.comMadison Square Garden Entertainment Corp. (NYSE:MSGE) Receives $56.20 Consensus Price Target from AnalystsMay 26, 2023 | msn.comGoldman Sachs Initiates Coverage of Madison Square Garden Entertainment - (MSGE) with Neutral RecommendationJune 7, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 26, 2023 | americanbankingnews.comThe Goldman Sachs Group Initiates Coverage on Madison Square Garden Entertainment (NYSE:MSGE)May 26, 2023 | americanbankingnews.comMadison Square Garden Entertainment (NYSE:MSGE) Shares Down 6% May 26, 2023 | markets.businessinsider.comMadison Square Garden Entertainment Corp. (MSGE) Gets a Hold from Morgan StanleyMay 26, 2023 | markets.businessinsider.comMadison Square Garden Entertainment Corp. (MSGE) Gets a Hold from Goldman SachsMay 23, 2023 | americanbankingnews.comSeaport Res Ptn Weighs in on Madison Square Garden Entertainment Corp.'s Q2 2024 Earnings (NYSE:MSGE)May 20, 2023 | americanbankingnews.comMadison Square Garden Entertainment (NYSE:MSGE) Earns Buy Rating from Analysts at GuggenheimMay 19, 2023 | msn.comWhy Madison Square Garden Entertainment Was a Rock Star Stock This WeekMay 18, 2023 | msn.comMadison Square Garden Stock Blasts Up on Earnings, Possible Asset SaleMay 18, 2023 | msn.comMSGE stock up after robust results, reports say company to sell former Hulu Theater for $1BMay 18, 2023 | msn.comWhy Madison Square Garden Entertainment Stock Jumped on ThursdayMay 18, 2023 | sports.yahoo.comMSG Entertainment Stock Jumps on News of Manhattan Property SaleMay 18, 2023 | msn.comMadison Square Garden Sock Soars After Q3 Earnings: Here's WhyMay 18, 2023 | finance.yahoo.comMadison Square Garden Entertainment stock surges on Q3 earningsMay 18, 2023 | seekingalpha.comMadison Square Garden near $1B sale of former Hulu Theater - reportMay 18, 2023 | finance.yahoo.comMADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2023 THIRD QUARTER RESULTSMay 17, 2023 | msn.comGuggenheim Initiates Coverage of Madison Square Garden Entertainment - (MSGE) with Buy RecommendationMay 11, 2023 | finance.yahoo.comMadison Square Garden Entertainment Corp. to Host Fiscal 2023 Third Quarter Conference CallMay 10, 2023 | finance.yahoo.comMadison Square Garden Entertainment Corp. (MSGE) Completed SpinoffSee More Headlines MSGE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MSGE Company Calendar Last Earnings5/18/2023Today6/07/2023Fiscal Year End6/30/2023Next Earnings (Estimated)8/17/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry N/A Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:MSGE CUSIPN/A CIK1795250 Webwww.msgentertainment.com PhoneN/AFaxN/AEmployees10,900Year FoundedN/APrice Target and Rating Average Stock Price Forecast$43.50 High Stock Price Forecast$52.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside+13.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares51,770,000Free FloatN/AMarket Cap$1.99 billion OptionableOptionable BetaN/A Key ExecutivesMr. James Lawrence Dolan (Age 68)Exec. Chairman & CEO Comp: $8.09MMr. David F. Byrnes (Age 53)Exec. VP & CFO Comp: $2.72MMr. Jamal H. Haughton (Age 48)Exec. VP & Gen. Counsel Comp: $2.88MMr. Philip Gerard D'Ambrosio (Age 55)Sr. VP & Treasurer Comp: $1.47MMr. Joseph F. Yospe CPA (Age 65)Sr. VP, Controller & Principal Accounting Officer Ms. Andrea Greenberg (Age 64)Pres & CEO of MSG Networks Comp: $4.01MMs. Courtney Zeppetella (Age 46)Sr. VP, Controller & Chief Accounting Officer Ms. Sandra P. KapellExec. VP & Chief Admin. OfficerMr. Ari Danes C.F.A.Sr. VP of Investor Relations & TreasuryMr. Alan SimkowskiSr. VP of Marketing PartnershipsMore ExecutivesKey CompetitorsSonosNASDAQ:SONOCorsair GamingNASDAQ:CRSRLaureate EducationNASDAQ:LAURCentral Garden & PetNASDAQ:CENTAtour LifestyleNASDAQ:ATATView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 6,505 shares on 5/18/2023Ownership: 0.000%Squarepoint Ops LLCSold 4,300 shares on 5/16/2023Ownership: 0.000%Belpointe Asset Management LLCBought 4,900 shares on 5/16/2023Ownership: 0.000%ArrowMark Colorado Holdings LLCSold 2,878 shares on 5/16/2023Ownership: 0.000%Jane Street Group LLCBought 4,500 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions MSGE Stock - Frequently Asked Questions Should I buy or sell Madison Square Garden Entertainment stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Madison Square Garden Entertainment in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MSGE shares. View MSGE analyst ratings or view top-rated stocks. What is Madison Square Garden Entertainment's stock price forecast for 2023? 6 Wall Street analysts have issued twelve-month target prices for Madison Square Garden Entertainment's stock. Their MSGE share price forecasts range from $37.00 to $52.00. On average, they anticipate the company's share price to reach $43.50 in the next year. This suggests a possible upside of 13.1% 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 14.5% and is now trading at $38.45. 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 Thursday, August 17th 2023. View our MSGE earnings forecast. How were Madison Square Garden Entertainment's earnings last quarter? Madison Square Garden Entertainment Corp. (NYSE:MSGE) announced its quarterly earnings data on Thursday, May, 18th. The company reported $0.42 EPS for the quarter, topping analysts' consensus estimates of ($1.30) by $1.72. The business had revenue of $201.23 million for the quarter, compared to the consensus estimate of $147.10 million. 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 Schwab Ariel ESG ETF (SAEF), Invesco S&P Spin-Off ETF (CSD), First Trust Small Cap Growth AlphaDEX Fund (FYC), Fidelity MSCI Communication Services Index ETF (FCOM).Vanguard Communication Services ETF (VOX), What guidance has Madison Square Garden Entertainment issued on next quarter's earnings? Madison Square Garden Entertainment updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $835.00 million-$845.00 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." Who are Madison Square Garden Entertainment's major shareholders? Madison Square Garden Entertainment's stock is owned by a number of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (0.00%), BlackRock Inc. (0.00%), Channing Capital Management LLC (0.00%), Dimensional Fund Advisors LP (0.00%), Gamco Investors INC. ET AL (0.00%) and Gabelli Funds LLC (0.00%). Insiders that own company stock include Isiah Thomas III, Joseph F Yospe, Leinauer Corby Dolan and Philip Gerard D'ambrosio. 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 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 $38.45. How much money does Madison Square Garden Entertainment make? Madison Square Garden Entertainment (NYSE:MSGE) has a market capitalization of $1.99 billion. How many employees does Madison Square Garden Entertainment have? The company employs 10,900 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 email at investor@msg.com. This page (NYSE:MSGE) was last updated on 6/7/2023 by MarketBeat.com Staff 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. 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