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High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
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This Stock Could Go Up 66% or More. (Ad)
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Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Options Trading Plan–Perfect For Beginners (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This Stock Could Go Up 66% or More. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This Stock Could Go Up 66% or More. (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Options Trading Plan–Perfect For Beginners (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This Stock Could Go Up 66% or More. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This Stock Could Go Up 66% or More. (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Options Trading Plan–Perfect For Beginners (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
This Stock Could Go Up 66% or More. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This Stock Could Go Up 66% or More. (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Options Trading Plan–Perfect For Beginners (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NYSE:MSGE

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

$32.84
-0.01 (-0.03%)
(As of 09/22/2023 ET)
Compare
Today's Range
$32.72
$33.78
50-Day Range
$30.65
$35.41
52-Week Range
$28.09
$40.81
Volume
603,604 shs
Average Volume
581,226 shs
Market Capitalization
$1.45 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$42.75

Madison Square Garden Entertainment MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
30.2% Upside
$42.75 Price Target
Short Interest
Healthy
4.22% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.90mentions of Madison Square Garden Entertainment in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$461.18 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.

2.61 out of 5 stars

Consumer Discretionary Sector

75th out of 271 stocks

Miscellaneous Amusement & Recreation Services Industry

6th out of 18 stocks


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 incorporated in 2022 and is based in New York, New York.

MSGE Price History

MSGE Stock News Headlines

Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
Analyst Ratings for Madison Square Garden
Sphere Entertainment (NYSE: SPHE)
See More Headlines
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MSGE Company Calendar

Last Earnings
8/18/2023
Today
9/24/2023
Next Earnings (Estimated)
11/17/2023
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Miscellaneous amusement & recreation services
Sub-Industry
N/A
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
+30.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$851.50 million
Cash Flow
$3.12 per share
Book Value
($1.54) per share

Miscellaneous

Free Float
33,315,000
Market Cap
$1.45 billion
Optionable
Optionable
Beta
N/A
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Key Executives

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













MSGE Stock - Frequently Asked Questions

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

8 Wall Street 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 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 1 year target prices for Madison Square Garden Entertainment's shares. 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 30.2% 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 on January 1st, 2023. Since then, MSGE stock has decreased by 27.0% and is now trading at $32.84.
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) released its earnings results on Friday, August, 18th. The company reported ($0.47) earnings per share for the quarter, beating the consensus estimate of ($0.63) by $0.16. The business had revenue of $147.90 million for the quarter, compared to the consensus estimate of $140.52 million. The company's revenue for the quarter was down 17.0% on a year-over-year basis.

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 earnings per share (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."

Who are Madison Square Garden Entertainment's major shareholders?

Madison Square Garden Entertainment's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Ariel Investments LLC (27.53%), BlackRock Inc. (9.89%), Dimensional Fund Advisors LP (5.14%), Gamco Investors INC. ET AL (3.98%), State Street Corp (2.94%) and Gabelli Funds LLC (2.79%). Insiders that own company stock include Entertainment Co Sphere, Isiah Thomas III, Joseph F Yospe, Leinauer Corby Dolan, Philip Gerard D'ambrosio and Thomas Charles Dolan.
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 $32.84.

How much money does Madison Square Garden Entertainment make?

Madison Square Garden Entertainment (NYSE:MSGE) has a market capitalization of $1.45 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 9/24/2023 by MarketBeat.com Staff

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