NYSE:SPHR Sphere Entertainment (SPHR) Stock Price, News & Analysis → The new financial threat that could wipe out millions… (From InvestorPlace) (Ad) Free SPHR Stock Alerts $39.82 -0.86 (-2.11%) (As of 05:12 PM ET) Add Compare Share Share Today's Range$39.34▼$40.7350-Day Range$37.95▼$50.8852-Week Range$20.68▼$51.83Volume533,077 shsAverage Volume697,113 shsMarket Capitalization$1.40 billionP/E Ratio3.76Dividend 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/Downside11.2% Downside$35.60 Price TargetShort InterestBearish24.21% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.01Based on 3 Articles This WeekInsider 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.1.73 out of 5 starsConsumer Discretionary Sector206th out of 264 stocksAmusement & Recreation Services Industry9th out of 13 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 1 research reports in the past 90 days.Read more about Sphere Entertainment's stock forecast and price target. 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 2.8 News and Social Media Coverage News SentimentSphere Entertainment has a news sentiment score of 1.01. 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 0.43 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Sphere Entertainment this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for SPHR on MarketBeat in the last 30 days. This is a decrease of -71% 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.Read more about Sphere Entertainment's insider trading history. 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 3.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Sphere Entertainment is 3.79, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.45.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.Read more about Sphere Entertainment's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. Click here to register for free. 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 8, 2024 | InvestorPlace (Ad)The new financial threat that could wipe out millions…During the Internet boom, companies like Pets.com were supposed to be promising investments riding the wave of a new tech boom. But then they were gone within a blink of an eye. One of the most successful investors in history just stepped forward to say the same thing is about to happen to AI stocks.May 7, 2024 | americanbankingnews.comSphere Entertainment Co. (NYSE:SPHR) Receives Consensus Rating of "Hold" from AnalystsMay 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 stockMay 8, 2024 | InvestorPlace (Ad)The new financial threat that could wipe out millions…During the Internet boom, companies like Pets.com were supposed to be promising investments riding the wave of a new tech boom. But then they were gone within a blink of an eye. One of the most successful investors in history just stepped forward to say the same thing is about to happen to AI stocks.April 8, 2024 | msn.comSphere Entertainment cut to Neutral at SeaportApril 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 UnfoldsSee 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 Earnings2/05/2024Today5/08/2024Next Earnings (Confirmed)5/10/2024Fiscal 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-11.3%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$10.58 Trailing P/E Ratio3.79 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$573.83 million Price / Sales2.46 Cash Flow$7.96 per share Price / Cash Flow5.04 Book Value$74.78 per share Price / Book0.54Miscellaneous Outstanding Shares35,140,000Free Float26,544,000Market Cap$1.41 billion OptionableNot Optionable Beta1.46 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsBowleroNYSE:BOWLNeoGamesNASDAQ:NGMSAccel EntertainmentNYSE:ACELReservoir MediaNASDAQ:RSVRManchester UnitedNYSE:MANUView All CompetitorsInsiders & InstitutionsWashington Trust Advisors Inc.Sold 2,555 shares on 5/8/2024Ownership: 0.520%ProShare Advisors LLCBought 4,783 shares on 5/8/2024Ownership: 0.014%QRG Capital Management Inc.Bought 4,136 shares on 5/8/2024Ownership: 0.012%Swiss National BankBought 800 shares on 5/7/2024Ownership: 0.143%Allegheny Financial Group LTDSold 932 shares on 5/7/2024Ownership: 0.015%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 analysts have issued "buy," "hold," and "sell" ratings for Sphere Entertainment in the last twelve months. There are currently 6 hold ratings and 1 buy rating 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 target for 2024? 7 Wall Street research analysts have issued 1 year price targets for Sphere Entertainment's shares. Their SPHR share price targets range from $26.00 to $43.00. On average, they expect the company's share price to reach $35.60 in the next twelve months. This suggests that the stock has a possible downside of 11.2%. 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 at the beginning of 2024. Since then, SPHR shares have increased by 18.0% and is now trading at $40.07. 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 Friday, May 10th 2024. View our SPHR earnings forecast. How can I listen to Sphere Entertainment's earnings call? Sphere Entertainment will be holding an earnings conference call on Friday, May 10th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 800-770-2030 with passcode "8089430". How were Sphere Entertainment's earnings last quarter? Sphere Entertainment Co. (NYSE:SPHR) released its quarterly earnings results on Monday, February, 5th. The company reported ($4.91) EPS for the quarter, missing the consensus estimate of ($0.49) by $4.42. The company earned $314.16 million during the quarter, compared to analyst estimates 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 company's revenue for the quarter was up 96.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.25 EPS. 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 a number of retail and institutional investors. Top institutional shareholders include Washington Trust Advisors Inc. (0.52%), O Keefe Stevens Advisory Inc. (0.47%), Empowered Funds LLC (0.43%), North Star Investment Management Corp. (0.36%), Pinnacle Associates Ltd. (0.22%) and Swiss National Bank (0.14%). 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. 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