NYSE:SPHR Sphere Entertainment (SPHR) Stock Price, News & Analysis → Urgent Nvidia Warning (From Altimetry) (Ad) Free SPHR Stock Alerts $40.51 +0.12 (+0.30%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$40.33▼$41.9550-Day Range$37.95▼$50.8852-Week Range$20.68▼$51.83Volume436,062 shsAverage Volume707,770 shsMarket Capitalization$1.42 billionP/E Ratio3.83Dividend YieldN/APrice Target$35.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Sphere Entertainment alerts: Email Address Sphere Entertainment MarketRank™ Stock AnalysisAnalyst RatingHold2.14 Rating ScoreUpside/Downside12.1% Downside$35.60 Price TargetShort InterestBearish24.21% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$10.71 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($3.89) to ($3.77) Per ShareSee Full Details Hide Full Details 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.1.42 out of 5 starsConsumer Discretionary Sector1237th out of 1,584 stocksAmusement & Recreation Services Industry49th out of 78 stocks 1.1 Analyst's Opinion Consensus RatingSphere Entertainment has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageSphere Entertainment has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted24.21% 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 8.6.Change versus previous monthShort interest in Sphere Entertainment has recently increased by 5.61%, indicating that investor sentiment is decreasing significantly. 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 1.9 News and Social Media Coverage News SentimentSphere Entertainment has a news sentiment score of 0.50. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 1 news article for Sphere Entertainment this week, compared to 4 articles on an average week.Search InterestOnly 4 people have searched for SPHR on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows10 people have added Sphere Entertainment to their MarketBeat watchlist in the last 30 days. This is an increase of 900% compared to the previous 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sphere Entertainment insiders have bought 1,630.47% more of their company's stock than they have sold. Specifically, they have bought $10,706,120.00 in company stock and sold $618,681.00 in company stock.Percentage Held by Insiders24.46% 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 Institutions92.03% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Sphere Entertainment are expected to grow in the coming year, from ($3.89) to ($3.77) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sphere Entertainment is 3.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Sphere Entertainment is 3.83, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.84.Price to Book Value per Share RatioSphere Entertainment has a P/B Ratio of 0.54. 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 Ad Stansberry ResearchGold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).See his free reveal right here. About Sphere Entertainment Stock (NYSE:SPHR)Sphere Entertainment Co. 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 entertainment dining and nightlife venues markets under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names. The company was formerly known as Madison Square Garden Entertainment Corp. and changed its name to Sphere Entertainment Co. in April 2023. Sphere Entertainment Co. was founded in 2006 and is based in New York, New York.Read More SPHR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SPHR Stock News HeadlinesApril 8, 2024 | marketbeat.comThe 5 Hottest CEO Stock Purchases So Far This YearInsider buying is good. It shows management's confidence in a business, helping to support investor sentiment, and no insider is more significant than the CEO.April 8, 2024 | marketbeat.comThe 5 Hottest CEO Stock Purchases So Far This YearInsider buying is a telling indicator for investors, and no insider is as significant as the CEO. This is a look at the five hottest CEO buys this year.May 4, 2024 | Colonial Metals (Ad)The asset beating inflation by 4x"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.May 3, 2024 | prnewswire.comSphere Entertainment Co. to Host Fiscal 2024 Third Quarter Conference CallApril 22, 2024 | seekingalpha.comThe Sizzle Is Fading For Sphere EntertainmentApril 21, 2024 | nasdaq.comNotable Two Hundred Day Moving Average Cross - SPHRApril 8, 2024 | msn.comIt’s time for Sphere shares to ‘take a breather’ says Seaport, downgrading the entertainment venue’s stockApril 8, 2024 | msn.comSphere Entertainment cut to Neutral at SeaportMay 4, 2024 | Colonial Metals (Ad)The asset beating inflation by 4x"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.April 3, 2024 | finance.yahoo.comSphere Entertainment Co. (SPHR) Fell Due to Concerns Over Its High Fixed Costs and LeverageMarch 29, 2024 | msn.comExecutive Turntable: Sphere Gets Creative; PushaRod Joins Hallwood; Wasserman Orchestrates DivisionMarch 27, 2024 | benzinga.comSphere Entertainment Stock (NYSE:SPHR), Quotes and News SummaryMarch 20, 2024 | finance.yahoo.comSPHERE ANNOUNCES FIRST KEYNOTE EVENT WITH HEWLETT PACKARD ENTERPRISE - NEXT-GENERATION VENUE POISED TO REDEFINE BRAND STORYTELLING AND KEYNOTE CATEGORYMarch 17, 2024 | msn.comFor St. Patrick’s Day, U2 toasts Sphere finaleMarch 17, 2024 | finance.yahoo.comSPHR Apr 2024 57.000 callMarch 16, 2024 | finance.yahoo.comSPHR Mar 2024 57.000 callMarch 16, 2024 | finance.yahoo.comSPHR Mar 2024 40.000 putMarch 15, 2024 | msn.comSphere launches student design challenge to feature artwork on exosphereMarch 14, 2024 | finance.yahoo.comShareholders in Sphere Entertainment (NYSE:SPHR) are in the red if they invested three years agoMarch 14, 2024 | prnewswire.comSPHERE LAUNCHES "SPHERE XO STUDENT DESIGN CHALLENGE" A FIRST-OF-ITS-KIND PARTNERSHIP WITH THE LAS VEGAS COMMUNITY MARKING THE FIRST TIME MEMBERS OF THE GENERAL PUBLIC WILL SEE THEIR ART FEATURED ON THE EXOSPHEREMarch 14, 2024 | ca.finance.yahoo.comSphere Entertainment Co (MQ2.SG)March 13, 2024 | benzinga.comDogwifhat Raises $650K To Put Meme Coin On Las Vegas Sphere: 'This Cycle Is Going To Get Crazier' Crypto Writer SaysMarch 13, 2024 | msn.comU2 at Sphere: 5 best moments of 2024 showsMarch 11, 2024 | finance.yahoo.comSPHR Mar 2024 52.500 putMarch 10, 2024 | finance.yahoo.comSPHR Apr 2024 50.000 callMarch 10, 2024 | msn.com3 Entertainment Stocks Set to Soar as the Digital Future UnfoldsMarch 10, 2024 | 247wallst.comBuffett Loads Up on This Stock Again, Plus CEO Insider BuyingSee More Headlines 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 Company Calendar Last Earnings2/05/2024Today5/03/2024Next Earnings (Estimated)5/08/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Amusement & recreation services Sub-IndustryN/A Current SymbolNYSE:SPHR CUSIPN/A CIK1795250 Webwww.msgentertainment.com Phone212-465-6000FaxN/AEmployees1,100Year FoundedN/APrice Target and Rating Average Stock Price Target$35.60 High Stock Price Target$43.00 Low Stock Price Target$26.00 Potential Upside/Downside-12.1%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$10.58 Trailing P/E Ratio3.83 Forward P/E RatioN/A P/E GrowthN/ANet Income$502.77 million Net Margins40.36% Pretax Margin18.18% Return on Equity8.91% Return on Assets4.17% Debt Debt-to-Equity Ratio0.21 Current Ratio0.63 Quick Ratio0.63 Sales & Book Value Annual Sales$723.33 million Price / Sales1.97 Cash Flow$8.25 per share Price / Cash Flow4.91 Book Value$74.78 per share Price / Book0.54Miscellaneous Outstanding Shares35,139,000Free Float26,544,000Market Cap$1.42 billion OptionableNot Optionable Beta1.46 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. James Lawrence Dolan (Age 69)Executive Chairman & CEO Comp: $5.34MMr. Gregory Brunner (Age 41)Senior VP, Controller & Principal Accounting Officer Comp: $176.05kMr. David Granville-Smith (Age 57)Executive Vice President Comp: $946.54kMs. Andrea Greenberg (Age 65)President & CEO of MSG Networks Comp: $4.12MMr. Michael J. Grau (Age 58)Executive VP & CFO Mr. Ari Danes C.F.A.Senior Vice President of Investor Relations, Financial Communications & TreasuryMs. Laura Franco (Age 61)Executive VP & General Counsel Mikyl CordovaExecutive Vice President of Communications & MarketingMr. Joel FisherExecutive Vice President of Marquee Events and OperationsMr. Richard ConstableExecutive VP & Global Head of Government Affairs and Social ImpactMore ExecutivesKey CompetitorsNeoGamesNASDAQ:NGMSBowleroNYSE:BOWLAccel EntertainmentNYSE:ACELReservoir MediaNASDAQ:RSVRManchester UnitedNYSE:MANUView All CompetitorsInsiders & InstitutionsCentral Pacific Bank Trust DivisionBought 9,446 shares on 5/3/2024Ownership: 0.027%Jennison Associates LLCBought 15,776 shares on 5/2/2024Ownership: 0.045%Quent Capital LLCBought 2,624 shares on 5/2/2024Ownership: 0.008%Mirae Asset Global Investments Co. Ltd.Bought 2,334 shares on 5/1/2024Ownership: 0.046%North Star Investment Management Corp.Bought 620 shares on 4/30/2024Ownership: 0.357%View All Insider TransactionsView All Institutional Transactions SPHR Stock Analysis - Frequently Asked Questions Should I buy or sell Sphere Entertainment stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sphere Entertainment in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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 target for 2024? 7 Wall Street analysts have issued 12-month price targets for Sphere Entertainment's stock. Their SPHR share price targets range from $26.00 to $43.00. On average, they predict the company's stock price to reach $35.60 in the next twelve months. This suggests that the stock has a possible downside of 12.1%. View analysts price targets for SPHR or view top-rated stocks among Wall Street analysts. How have SPHR shares performed in 2024? Sphere Entertainment's stock was trading at $33.96 on January 1st, 2024. Since then, SPHR shares have increased by 19.3% and is now trading at $40.51. View the best growth stocks for 2024 here. When is Sphere Entertainment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our SPHR earnings forecast. How were Sphere Entertainment's earnings last quarter? Sphere Entertainment Co. (NYSE:SPHR) issued its earnings results on Monday, February, 5th. The company reported ($4.91) earnings per share for the quarter, missing the consensus estimate of ($0.49) by $4.42. The company earned $314.16 million during the quarter, compared to analysts' expectations of $303.28 million. Sphere Entertainment had a net margin of 40.36% and a trailing twelve-month return on equity of 8.91%. The business's quarterly revenue was up 96.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.25 earnings per share. What ETFs hold Sphere Entertainment's stock? ETFs with the largest weight of Sphere Entertainment (NYSE:SPHR) stock in their portfolio include Invesco Leisure and Entertainment ETF (PEJ), MUSQ Global Music Industry ETF (MUSQ), Invesco S&P Spin-Off ETF (CSD) and EA Bridgeway Omni Small-Cap Value ETF (BSVO).WisdomTree U.S. SmallCap Fund (EES). Who are Sphere Entertainment's major shareholders? Sphere Entertainment's stock is owned by many different institutional and retail investors. Top institutional investors include O Keefe Stevens Advisory Inc. (0.47%), North Star Investment Management Corp. (0.36%), Pinnacle Associates Ltd. (0.22%), Radnor Capital Management LLC (0.07%), Mirae Asset Global Investments Co. Ltd. (0.05%) and Jennison Associates LLC (0.04%). Insiders that own company stock include Andrea Greenberg, Entertainment Co Sphere and James Lawrence Dolan. View institutional ownership trends. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:SPHR) was last updated on 5/4/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? 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