NYSE:SPHR Sphere Entertainment (SPHR) Stock Forecast, Price & News $24.02 -0.85 (-3.42%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$22.88▼$24.9050-Day Range N/A52-Week Range$20.68▼$69.97Volume680,400 shsAverage Volume322,121 shsMarket Capitalization$829.89 millionP/E RatioN/ADividend YieldN/APrice Target$25.00 ProfileProfileAnalyst RatingsChartCompetitorsFinancialsHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsFinancialsHeadlinesSEC FilingsShort InterestSocial Media Sphere Entertainment MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.1% Upside$25.00 Price TargetShort InterestBearish12.13% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.75Based on 9 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($5.43) to ($0.80) 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.1.32 out of 5 starsConsumer Discretionary Sector264th out of 277 stocksAmusement & Recreation Services Industry12th out of 13 stocks 1.0 Analyst's Opinion Consensus RatingSphere Entertainment has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.00, Sphere Entertainment has a forecasted upside of 4.1% from its current price of $24.02.Amount of Analyst CoverageSphere Entertainment has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted12.13% of the float of Sphere Entertainment has been sold short.Short Interest Ratio / Days to CoverSphere Entertainment has a short interest ratio ("days to cover") of 9.4.Change versus previous month Previous Next 0.0 Dividend Strength Dividend YieldSphere Entertainment does not currently pay a dividend.Dividend GrowthSphere 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 SPHR. Previous Next 2.1 News and Social Media Coverage News SentimentSphere Entertainment has a news sentiment score of 0.75. 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 0.64 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Sphere Entertainment this week, compared to 12 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sphere Entertainment insiders have not sold or bought any company stock.Percentage Held by Insiders24.60% of the stock of Sphere Entertainment is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions73.28% of the stock of Sphere Entertainment is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Sphere Entertainment are expected to grow in the coming year, from ($5.43) to ($0.80) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sphere Entertainment is -6.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Sphere Entertainment is -6.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSphere Entertainment has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sphere Entertainment (NYSE:SPHR) StockMadison Square Garden Entertainment Corp. provides entertainment experiences. The Company presents or hosts events in its diverse collection of venues: New York's Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre; the Forum in Inglewood, CA and The Chicago Theatre. Also under the MSG Entertainment umbrella is Tao Group Hospitality, with entertainment dining and nightlife brands including Tao, Marquee, Lavo, Avenue, Beauty & Essex and Cath?drale. Madison Square Garden Entertainment Corp. is based in NEW YORK.Read More Receive SPHR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sphere Entertainment and its competitors with MarketBeat's FREE daily newsletter. Email Address SPHR Stock News HeadlinesMay 29, 2023 | americanbankingnews.comSphere Entertainment (SPHR) vs. Its Rivals Critical ContrastMay 29, 2023 | americanbankingnews.comFinancial Comparison: Sphere Entertainment (SPHR) vs. Its PeersMay 30, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 28, 2023 | americanbankingnews.comReviewing Sphere Entertainment (SPHR) & The CompetitionMay 26, 2023 | markets.businessinsider.comMorgan Stanley Maintains Equal-Weight Rating for Sphere Entertainment: Here's What You Need To KnowMay 26, 2023 | msn.comMorgan Stanley Maintains Sphere Entertainment Co - (SPHR) Equal-Weight RecommendationMay 26, 2023 | americanbankingnews.comSphere Entertainment (SPHR) & Its Rivals Critical AnalysisMay 26, 2023 | americanbankingnews.comSphere Entertainment (SPHR) and Its Peers Critical ComparisonMay 30, 2023 | Edge On The Street (Ad)The Largest Ever Technology Wave Is Coming!This summer, a small tech company will launch a key technology to advance artificial intelligence, or AI, that can think, reason and make decisions like humans. It will change the world, just like electricity did.May 24, 2023 | americanbankingnews.comHead to Head Contrast: Sphere Entertainment (NYSE:SPHR) & Live Nation Entertainment (NYSE:LYV)May 24, 2023 | americanbankingnews.comSphere Entertainment (SPHR) and The Competition Head-To-Head ComparisonMay 22, 2023 | americanbankingnews.comSphere Entertainment (SPHR) versus Its Rivals Critical SurveyMay 22, 2023 | americanbankingnews.comSphere Entertainment (SPHR) versus The Competition Head-To-Head ReviewMay 22, 2023 | americanbankingnews.comFinancial Contrast: Sphere Entertainment (SPHR) & Its CompetitorsMay 21, 2023 | americanbankingnews.comReviewing Sphere Entertainment (SPHR) and Its RivalsMay 20, 2023 | americanbankingnews.comAnalyzing Madison Square Garden Entertainment (SPHR) and Its RivalsMay 20, 2023 | americanbankingnews.comFinancial Survey: Madison Square Garden Entertainment (SPHR) vs. Its PeersMay 19, 2023 | americanbankingnews.comMadison Square Garden Entertainment (NYSE:SPHR) Downgraded by Guggenheim to NeutralMay 19, 2023 | americanbankingnews.comContrasting Madison Square Garden Entertainment (SPHR) and Its CompetitorsMay 18, 2023 | americanbankingnews.comAnalyzing Madison Square Garden Entertainment (SPHR) & The CompetitionMay 18, 2023 | americanbankingnews.comStock Traders Buy Large Volume of Call Options on Madison Square Garden Entertainment (NYSE:SPHR)May 18, 2023 | americanbankingnews.comMadison Square Garden Entertainment (SPHR) & Its Competitors Financial AnalysisMay 16, 2023 | americanbankingnews.comFY2023 EPS Estimates for Madison Square Garden Entertainment Corp. (NYSE:SPHR) Lifted by Seaport Res PtnMay 15, 2023 | americanbankingnews.comMadison Square Garden Entertainment (SPHR) vs. Its Rivals Financial AnalysisMay 14, 2023 | americanbankingnews.comCritical Review: Madison Square Garden Entertainment (SPHR) and Its CompetitorsMay 14, 2023 | americanbankingnews.comHead-To-Head Comparison: Madison Square Garden Entertainment (SPHR) & Its CompetitorsMay 13, 2023 | americanbankingnews.comMadison Square Garden Entertainment (SPHR) & Its Competitors Financial SurveySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SPHR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sphere Entertainment and its competitors with MarketBeat's FREE daily newsletter. Email Address SPHR Company Calendar Today5/30/2023Fiscal Year End6/30/2023Next Earnings (Estimated)8/18/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Amusement & recreation services Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:SPHR CUSIPN/A CIK1795250 Webwww.msgentertainment.com Phone212-465-6000FaxN/AEmployees10,900Year FoundedN/APrice Target and Rating Average Stock Price Forecast$25.00 High Stock Price Forecast$25.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+4.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($3.99) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-194,400,000.00 Net Margins-7.20% Pretax Margin-7.89% Return on Equity-3.21% Return on Assets-1.12% Debt Debt-to-Equity Ratio0.88 Current Ratio0.85 Quick Ratio0.85 Sales & Book Value Annual Sales$1.72 billion Price / Sales0.48 Cash Flow$0.44 per share Price / Cash Flow54.90 Book Value$57.70 per share Price / Book0.42Miscellaneous Outstanding Shares34,550,000Free Float26,054,000Market Cap$829.89 million OptionableNot Optionable Beta1.26 Key CompetitorsAccel EntertainmentNYSE:ACELNeoGamesNASDAQ:NGMSReservoir MediaNASDAQ:RSVRBowleroNYSE:BOWLManchester UnitedNYSE:MANUView All Competitors SPHR Stock - Frequently Asked Questions Should I buy or sell Sphere Entertainment stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sphere Entertainment in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SPHR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPHR, but not buy additional shares or sell existing shares. View SPHR analyst ratings or view top-rated stocks. What is Sphere Entertainment's stock price forecast for 2023? 2 equities research analysts have issued 1-year price objectives for Sphere Entertainment's shares. Their SPHR share price forecasts range from $25.00 to $25.00. On average, they predict the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View analysts price targets for SPHR or view top-rated stocks among Wall Street analysts. How have SPHR shares performed in 2023? Sphere Entertainment's stock was trading at $26.97 at the beginning of 2023. Since then, SPHR shares have decreased by 10.9% and is now trading at $24.02. View the best growth stocks for 2023 here. When is Sphere Entertainment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 18th 2023. View our SPHR earnings forecast. What ETFs hold Sphere Entertainment's stock? ETFs with the largest weight of Sphere Entertainment (NYSE:SPHR) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD).Avantis U.S. Small Cap Equity ETF (AVSC). What is Sphere Entertainment's stock symbol? Sphere Entertainment trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPHR." How do I buy shares of Sphere Entertainment? Shares of SPHR 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 Sphere Entertainment's stock price today? One share of SPHR stock can currently be purchased for approximately $24.02. How much money does Sphere Entertainment make? Sphere Entertainment (NYSE:SPHR) has a market capitalization of $829.89 million and generates $1.72 billion in revenue each year. The company earns $-194,400,000.00 in net income (profit) each year or ($3.99) on an earnings per share basis. How many employees does Sphere Entertainment have? The company employs 10,900 workers across the globe. How can I contact Sphere Entertainment? Sphere 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:SPHR) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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