S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
BREAKING: Tiny biotech successfully treats blindness (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
BREAKING: Tiny biotech successfully treats blindness (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
BREAKING: Tiny biotech successfully treats blindness (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
MarketBeat Week in Review – 6/4 - 6/9
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
How major US stock indexes fared Friday 6/9/2023
FuelCell Is Back To Realistic Valuation
Wall Street Legend Warns "Mass Bank Run" is Coming (Ad)
New Mexico reaches $500M settlement with Walgreens in opioid case
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
BREAKING: Tiny biotech successfully treats blindness (Ad)
Nigeria's central bank chief arrested after being suspended by president
Closing prices for crude oil, gold and other commodities
NYSE:SPHR

Sphere Entertainment (SPHR) Stock Forecast, Price & News

$26.40
+0.81 (+3.17%)
(As of 06/9/2023 ET)
Compare
Today's Range
$25.45
▼
$26.43
50-Day Range
N/A
52-Week Range
$20.68
▼
$69.97
Volume
341,007 shs
Average Volume
511,487 shs
Market Capitalization
$912.12 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.00
ProfileAnalyst RatingsChartCompetitorsFinancialsHeadlinesSEC FilingsShort InterestSocial Media

Sphere Entertainment MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.3% Downside
$25.00 Price Target
Short Interest
Bearish
12.13% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of Sphere Entertainment in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($5.43) to ($1.77) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.31 out of 5 stars

Consumer Discretionary Sector

250th out of 259 stocks

Amusement & Recreation Services Industry

12th out of 13 stocks

See Top Rated MarketRank™ Stocks Here

SPHR stock logo

About Sphere Entertainment (NYSE:SPHR) Stock

Madison 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.

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SPHR Stock News Headlines

June 7, 2023 | msn.com
JP Morgan Maintains Sphere Entertainment Co - (SPHR) Prior Recommendation
June 7, 2023 | markets.businessinsider.com
The Latest Analyst Ratings for Sphere Entertainment
June 10, 2023 | Behind the Markets (Ad)
BREAKING: Tiny biotech successfully treats blindness
There'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.
June 3, 2023 | americanbankingnews.com
Macquarie Downgrades Sphere Entertainment (NYSE:SPHR) to Neutral
June 1, 2023 | msn.com
Macquarie Downgrades Sphere Entertainment Co - (SPHR)
June 1, 2023 | finance.yahoo.com
Bear of the Day: Sphere Entertainment (SPHR)
June 1, 2023 | americanbankingnews.com
Head-To-Head Survey: Sphere Entertainment (NYSE:SPHR) versus Warner Music Group (NASDAQ:WMG)
May 30, 2023 | finance.yahoo.com
Should You Hold Sphere Entertainment Co. (SPHR)?
June 10, 2023 | Stansberry Research (Ad)
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May 30, 2023 | finance.yahoo.com
Is Madison Square Garden Entertainment Corp. (MSGE) a Long-Term Profitable Investment?
May 30, 2023 | americanbankingnews.com
Sphere Entertainment (SPHR) and Its Competitors Financial Review
May 29, 2023 | americanbankingnews.com
Sphere Entertainment (SPHR) vs. Its Rivals Critical Contrast
May 29, 2023 | americanbankingnews.com
Financial Comparison: Sphere Entertainment (SPHR) vs. Its Peers
May 28, 2023 | americanbankingnews.com
Reviewing Sphere Entertainment (SPHR) & The Competition
May 26, 2023 | markets.businessinsider.com
Morgan Stanley Maintains Equal-Weight Rating for Sphere Entertainment: Here's What You Need To Know
May 26, 2023 | msn.com
Morgan Stanley Maintains Sphere Entertainment Co - (SPHR) Equal-Weight Recommendation
May 26, 2023 | americanbankingnews.com
Sphere Entertainment (SPHR) & Its Rivals Critical Analysis
May 26, 2023 | americanbankingnews.com
Sphere Entertainment (SPHR) and Its Peers Critical Comparison
May 24, 2023 | americanbankingnews.com
Head to Head Contrast: Sphere Entertainment (NYSE:SPHR) & Live Nation Entertainment (NYSE:LYV)
May 24, 2023 | americanbankingnews.com
Sphere Entertainment (SPHR) and The Competition Head-To-Head Comparison
May 22, 2023 | americanbankingnews.com
Sphere Entertainment (SPHR) versus Its Rivals Critical Survey
May 22, 2023 | americanbankingnews.com
Sphere Entertainment (SPHR) versus The Competition Head-To-Head Review
May 22, 2023 | americanbankingnews.com
Financial Contrast: Sphere Entertainment (SPHR) & Its Competitors
May 21, 2023 | americanbankingnews.com
Reviewing Sphere Entertainment (SPHR) and Its Rivals
May 20, 2023 | americanbankingnews.com
Analyzing Madison Square Garden Entertainment (SPHR) and Its Rivals
May 20, 2023 | americanbankingnews.com
Financial Survey: Madison Square Garden Entertainment (SPHR) vs. Its Peers
May 19, 2023 | americanbankingnews.com
Madison Square Garden Entertainment (NYSE:SPHR) Downgraded by Guggenheim to Neutral
See More Headlines

SPHR Price History

SPHR Company Calendar

Today
6/10/2023
Fiscal Year End
6/30/2023
Next Earnings (Estimated)
8/18/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Amusement & recreation services
Sub-Industry
N/A
Sector
Consumer Discretionary
Current Symbol
NYSE:SPHR
CUSIP
N/A
CIK
1795250
Web
www.msgentertainment.com
Phone
212-465-6000
Fax
N/A
Employees
10,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$25.00
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
-5.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($3.99)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net 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 Ratio
0.88
Current Ratio
0.85
Quick Ratio
0.85

Sales & Book Value

Annual Sales
$1.72 billion
Price / Sales
0.53
Cash Flow
$0.45 per share
Price / Cash Flow
58.49
Book Value
$57.70 per share
Price / Book
0.46

Miscellaneous

Outstanding Shares
34,550,000
Free Float
26,054,000
Market Cap
$912.12 million
Optionable
Not Optionable
Beta
1.27














SPHR Stock - Frequently Asked Questions

Should I buy or sell Sphere Entertainment stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sphere Entertainment in the last twelve months. There are currently 3 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?

3 analysts have issued 12-month price targets for Sphere Entertainment's stock. Their SPHR share price forecasts range from $25.00 to $25.00. On average, they expect the company's share price to reach $25.00 in the next twelve months. This suggests that the stock has a possible downside of 5.3%.
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 2.1% and is now trading at $26.40.
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 $26.40.

How much money does Sphere Entertainment make?

Sphere Entertainment (NYSE:SPHR) has a market capitalization of $912.12 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 6/10/2023 by MarketBeat.com Staff

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