Madison Square Garden Entertainment Corp. (MSGE)

NYSE: MSGE · Real-Time Price · USD
35.65
+0.10 (0.28%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.28%
Market Cap 1.73B
Revenue (ttm) 955.77M
Net Income (ttm) 175.65M
Shares Out 48.47M
EPS (ttm) 3.66
PE Ratio 9.75
Forward PE 22.74
Dividend n/a
Ex-Dividend Date n/a
Volume 443,674
Open 35.59
Previous Close 35.55
Day's Range 35.32 - 36.21
52-Week Range 29.71 - 44.14
Beta 1.26
Analysts Strong Buy
Price Target 46.00 (+29.03%)
Earnings Date Nov 8, 2024

About MSGE

Madison Square Garden Entertainment Corp., through its subsidiaries, engages in live entertainment business. The company produces, presents, and hosts live entertainment events, including concerts, sporting events, family shows, family shows, performing arts events, and special events. It operates a collection of venues, including Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, the Beacon Theatre, and The Chicago Theatre; owns and produces the original production, the Christmas Spectacular Starring the Radio ... [Read more]

Industry Leisure
Founded 2020
Employees 6,700
Stock Exchange NYSE
Ticker Symbol MSGE
Full Company Profile

Financial Performance

In 2024, MSGE's revenue was $959.27 million, an increase of 12.66% compared to the previous year's $851.50 million. Earnings were $144.30 million, an increase of 88.39%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MSGE stock is "Strong Buy." The 12-month stock price forecast is $46.0, which is an increase of 29.03% from the latest price.

Price Target
$46.0
(29.03% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Madison Square Garden Entertainment: Medium-Term Outlook Remains Positive

Despite near-term demand challenges, I remain confident in MSGE's medium-term demand outlook, supported by strong leading indicators and positive underlying demand. MSGE's latest earnings showed a sli...

5 days ago - Seeking Alpha

Madison Square Garden Entertainment Corp. (MSGE) Q1 2025 Earnings Call Transcript

Madison Square Garden Entertainment Corp. (NYSE:MSGE) Q1 2025 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasur...

11 days ago - Seeking Alpha

MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2025 FIRST QUARTER RESULTS

NEW YORK , Nov. 8, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal first quarter ende...

12 days ago - PRNewsWire

Madison Square Garden Entertainment Corp. to Host Fiscal 2025 First Quarter Conference Call

NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2024 on F...

16 days ago - PRNewsWire

‘DJT' stock climbs again after Trump's Madison Square Garden rally

Shares of Trump Media & Technology Group are up 7% in premarket trades.

Other symbols: DJT
23 days ago - Market Watch

Was Trump's Madison Square Garden rally an evocation of Nazism?

An evocation of Nazism? Of course it was, and of course it wasn't.

24 days ago - Skynews

THE MSG FAMILY OF COMPANIES AND VERIZON EXPAND PARTNERSHIP, NAMING VERIZON THE OFFICIAL MOBILE WIRELESS PARTNER ACROSS THE COMPANIES' PORTFOLIO

New Verizon Access Platform Offers Customers Exclusive Access to Live Events at Madison Square Garden, Radio City Music Hall, Beacon Theatre, The Theater at MSG, The Chicago Theatre and Sphere Partner...

Other symbols: MSGSSPHRVZ
6 weeks ago - PRNewsWire

Over $34M Bet On Comstock Resources? Check Out These 3 Stocks Executives Are Buying

Although U.S. stocks closed lower on Thursday, there were a few notable insider trades.

Other symbols: APEICRK
3 months ago - Benzinga

Madison Square Garden Entertainment: Demand Remains Robust

MSGE benefits from strong demand for live events in popular US venues. Robust demand indicators include stable event bookings, strong ticket sales, and positive sponsorship traction. I believe MSGE sh...

3 months ago - Seeking Alpha

Madison Square Garden Entertainment Corp. (MSGE) Q4 2024 Earnings Call Transcript

Madison Square Garden Entertainment Corp. (NYSE:MSGE) Q4 2024 Earnings Conference Call August 16, 2024 8:30 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasury...

3 months ago - Seeking Alpha

MSG Entertainment Posts Surprise Profit as Event and Game-Related Revenues Jump

Shares of Madison Square Garden Entertainment (MSGE) hit an all-time high Friday as the New York-based company reported a surprise fourth-quarter profit on higher revenue from events and purchases by ...

3 months ago - Investopedia

MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2024 FOURTH QUARTER AND FULL YEAR RESULTS

Fiscal 2024 Revenues of $959.3 Million, up 13% Versus Prior Year and Above High-End of Guidance Range(1) Fiscal 2024 Operating Income of $111.9 Million and AOI of $211.5 Million, Both Above High-End o...

3 months ago - PRNewsWire

Madison Square Garden Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Madison Square Garden Entertainment Corp. MSGE is expected to release earnings results for its fiscal fourth quarter, before the opening bell on Friday, Aug. 16.

3 months ago - Benzinga

Madison Square Garden Entertainment Corp. to Host Fiscal 2024 Fourth Quarter and Year-End Conference Call

NEW YORK , Aug. 13, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal fourth quarter and full-year ended June 30...

3 months ago - PRNewsWire

Madison Square Garden Has Room For 'Robust Growth' Thanks To Concert Lineup, Christmas Spectacular: Analyst

Shares of Madison Square Garden Entertainment Corp MSGE climbed in early trading on Wednesday.

4 months ago - Benzinga

Madison Square Garden Entertainment: Ride On The Rising Demand For Live Events

MSGE is a buy due to strong secular tailwinds and exclusive operation of popular venues in the US. Growing demand for live events benefits MSGE through increased venue bookings and sponsorship opportu...

5 months ago - Seeking Alpha

Madison Square Garden Entertainment Corp. (MSGE) Q3 2024 Earnings Call Transcript

Madison Square Garden Entertainment Corp. (NYSE:MSGE) Q3 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasury Mi...

6 months ago - Seeking Alpha

MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2024 THIRD QUARTER RESULTS

FY24 Revenue Range Narrowed to $940-950 Million, as Compared to Prior Range of $930-950 Million  FY24 Operating Income Range Increased to $100-110 Million, Versus Prior $95-105 Million  FY24 AOI Range...

6 months ago - PRNewsWire

Madison Square Garden Entertainment Corp. to Host Fiscal 2024 Third Quarter Conference Call

NEW YORK , May 2, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal third quarter ended March 31, 2024 on Thursd...

7 months ago - PRNewsWire

Madison Square Garden Entertainment: Strong Visibility Into FY24/25 Growth

Madison Square Garden Entertainment is recommended as a buy due to strong growth outlook and visibility through FY24 and FY25. MSGE's recent results show revenue growth of 13% and strong adj. EBIT per...

8 months ago - Seeking Alpha

EARTH BRANDS NAMED AN OFFICIAL PARTNER OF MADISON SQUARE GARDEN

Earth Brands Products will be Available Throughout Arena, As Part of the Venue's Ongoing Commitment to Sustainability   NEW YORK , Feb. 28, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Cor...

9 months ago - PRNewsWire

Madison Square Garden Entertainment Corp. (MSGE) Q2 2024 Earnings Call Transcript

Madison Square Garden Entertainment Corp. (MSGE) Q2 2024 Earnings Call Transcript

10 months ago - Seeking Alpha

MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2024 SECOND QUARTER RESULTS

FY24 Revenue Range Increased to $930-950 Million, a 10% Increase Year-Over-Year at Midpoint of Range FY24 Operating Income Range Increased to $95-105 Million and AOI Range Increased to $170-180 Millio...

10 months ago - PRNewsWire

MSG ENTERTAINMENT NAMES MICHAEL GRAU EXECUTIVE VICE PRESIDENT, FINANCE

Grau to Become Executive Vice President and Chief Financial Officer on April 1 NEW YORK , Feb. 5, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") toda...

10 months ago - PRNewsWire

Madison Square Garden Entertainment Corp. to Host Fiscal 2024 Second Quarter Conference Call

NEW YORK , Feb. 1, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2023 on W...

10 months ago - PRNewsWire