NYSE:MSGE Madison Square Garden Entertainment (MSGE) Stock Price, News & Analysis $40.02 -0.72 (-1.77%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$39.68▼$41.0350-Day Range$33.88▼$42.2652-Week Range$27.55▼$42.99Volume261,046 shsAverage Volume425,133 shsMarket Capitalization$1.65 billionP/E Ratio33.92Dividend YieldN/APrice Target$44.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Madison Square Garden Entertainment alerts: Email Address Madison Square Garden Entertainment MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside10.4% Upside$44.20 Price TargetShort InterestHealthy4.70% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.03Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth19.51%From $1.64 to $1.96 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.3.06 out of 5 starsConsumer Discretionary Sector142nd out of 269 stocksMiscellaneous Amusement & Recreation Services Industry11th out of 17 stocks 2.3 Analyst's Opinion Consensus RatingMadison Square Garden Entertainment has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageMadison Square Garden Entertainment has only been the subject of 4 research reports in the past 90 days.Read more about Madison Square Garden Entertainment's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.70% 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 5.2.Change versus previous monthShort interest in Madison Square Garden Entertainment has recently decreased by 16.37%, indicating that investor sentiment is improving significantly. 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 2.8 News and Social Media Coverage News SentimentMadison Square Garden Entertainment has a news sentiment score of 1.03. 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 2 news articles for Madison Square Garden Entertainment this week, compared to 4 articles on an average week.Search Interest3 people have searched for MSGE on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Madison Square Garden Entertainment to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Madison Square Garden Entertainment insiders have not sold or bought any company stock.Percentage Held by Insiders18.72% of the stock of Madison Square Garden Entertainment is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions96.86% 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.Read more about Madison Square Garden Entertainment's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Madison Square Garden Entertainment are expected to grow by 19.51% in the coming year, from $1.64 to $1.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Madison Square Garden Entertainment is 33.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Madison Square Garden Entertainment is 33.92, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.48.Price to Earnings Growth RatioMadison Square Garden Entertainment has a PEG Ratio of 3.70. PEG Ratios above 1 indicate that a company could be overvalued.Read more about Madison Square Garden Entertainment's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. About Madison Square Garden Entertainment Stock (NYSE:MSGE)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 formerly known as MSGE Spinco, Inc. Madison Square Garden Entertainment Corp. was incorporated in 2022 and is based in New York, New York.Read More MSGE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MSGE Stock News HeadlinesSeptember 1, 2024 | yahoo.comIncubus’ Morning View Show a “Wish” Come True for Fans at Madison Square Garden: Review, Photos + VideoAugust 31, 2024 | americanbankingnews.comMadison Square Garden Entertainment Corp. (NYSE:MSGE) Short Interest Down 16.4% in AugustSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 28, 2024 | americanbankingnews.comMacquarie Raises Madison Square Garden Entertainment (NYSE:MSGE) Price Target to $47.00August 25, 2024 | yahoo.com‘Billy Joel: The 100th — Live at Madison Square Garden’: How to Watch & Stream the Concert Special for FreeAugust 23, 2024 | seekingalpha.comMadison Square Garden Entertainment: Demand Remains RobustAugust 20, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: Madison Square Garden Entertainment Corp. (MSGE), Portillo’s (PTLO) and Tapestry (TPR)August 18, 2024 | msn.comMadison Square Garden Entertainment Corp. (NYSE:MSGE) Q4 2024 Earnings Call TranscriptSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 17, 2024 | gurufocus.comQ4 2024 Madison Square Garden Entertainment Corp Earnings Call TranscriptAugust 16, 2024 | msn.comMadison Square Garden Q4: Topline Growth, Events And Merchandise Lead ChargeAugust 16, 2024 | markets.businessinsider.comMadison Square Garden Entertainment Reports Profit In Q4 - Quick FactsAugust 16, 2024 | msn.comMadison Square Garden's food and beverage sales help fuel 26% revenue growthAugust 16, 2024 | investopedia.comMSG Entertainment Posts Surprise Profit as Event and Game-Related Revenues JumpAugust 16, 2024 | prnewswire.comMADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2024 FOURTH QUARTER AND FULL YEAR RESULTSAugust 16, 2024 | benzinga.comMadison Square Garden Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings CallAugust 15, 2024 | msn.comStocks Finish Higher on Solid US Economic NewsAugust 15, 2024 | yahoo.comSlipknot Take Fans on a Thrilling Time Warp to 1999 at Madison Square Garden: Review + PhotosSee More Headlines 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 Company Calendar Last Earnings8/16/2024Today9/07/2024Next Earnings (Estimated)11/05/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Miscellaneous amusement & recreation services Sub-IndustryEntertainment Current SymbolNYSE:MSGE CUSIPN/A CIK1795250 Webwww.msgentertainment.com Phone(212) 465-6000FaxN/AEmployees6,700Year FoundedN/APrice Target and Rating Average Stock Price Target$44.20 High Stock Price Target$48.00 Low Stock Price Target$36.00 Potential Upside/Downside+10.4%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.18 Trailing P/E Ratio33.92 Forward P/E Ratio24.40 P/E Growth3.7Net Income$144.30 million Net Margins15.04% Pretax Margin5.45% Return on Equity-138.81% Return on Assets10.93% Debt Debt-to-Equity RatioN/A Current Ratio0.43 Quick Ratio0.43 Sales & Book Value Annual Sales$959.27 million Price / Sales1.72 Cash Flow$5.05 per share Price / Cash Flow7.93 Book Value($0.56) per share Price / Book-71.46Miscellaneous Outstanding Shares41,158,000Free Float33,453,000Market Cap$1.65 billion OptionableOptionable Beta0.13 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. James Lawrence Dolan (Age 69)Executive Chairman & CEO Comp: $3.46MMs. Courtney M. Zeppetella (Age 47)Senior VP, Controller & Chief Accounting Officer Comp: $492.41kMr. Michael J. Grau (Age 58)CFO & Executive VP of Finance Mr. Ari Danes C.F.A.Senior Vice President of Investor Relations, Financial Communications & TreasuryMs. Laura Franco (Age 61)Executive VP, Chief Legal Officer & General Counsel Key CompetitorsLife Time GroupNYSE:LTHManchester UnitedNYSE:MANUAtlanta BravesNASDAQ:BATRACedar FairNYSE:FUNAtlanta BravesNASDAQ:BATRKView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 8,845 shares on 9/5/2024Ownership: 0.021%Clearbridge Investments LLCSold 26,088 shares on 8/27/2024Ownership: 2.423%Systematic Financial Management LPSold 36,995 shares on 8/16/2024Ownership: 2.056%Susquehanna International Group LLPBought 13,400 shares on 8/16/2024Ownership: 0.000%Algert Global LLCSold 1,603 shares on 8/16/2024Ownership: 0.032%View All Insider TransactionsView All Institutional Transactions MSGE Stock Analysis - Frequently Asked Questions How have MSGE shares performed this year? Madison Square Garden Entertainment's stock was trading at $31.79 at the beginning of 2024. Since then, MSGE shares have increased by 25.9% and is now trading at $40.02. View the best growth stocks for 2024 here. How were Madison Square Garden Entertainment's earnings last quarter? Madison Square Garden Entertainment Corp. (NYSE:MSGE) released its earnings results on Friday, August, 16th. The company reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.56) by $1.97. Madison Square Garden Entertainment's revenue was up 25.8% compared to the same quarter last year. Who are Madison Square Garden Entertainment's major shareholders? Top institutional investors of Madison Square Garden Entertainment include Ariel Investments LLC (15.91%), Dimensional Fund Advisors LP (2.52%), Clearbridge Investments LLC (2.42%) and Systematic Financial Management LP (2.06%). Insiders that own company stock include Thomas Charles Dolan, James Lawrence Dolan, Philip Gerard D'ambrosio, Leinauer Corby Dolan, Entertainment Co Sphere, Isiah Thomas III and Joseph F Yospe. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:MSGE) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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