Madison Square Garden Entertainment Corp. (MSGE)
Market Cap | 1.62B |
Revenue (ttm) | 955.77M |
Net Income (ttm) | 175.65M |
Shares Out | 48.47M |
EPS (ttm) | 3.66 |
PE Ratio | 9.13 |
Forward PE | 19.82 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 469,578 |
Open | 32.83 |
Previous Close | 33.22 |
Day's Range | 32.77 - 33.69 |
52-Week Range | 30.10 - 44.14 |
Beta | 1.26 |
Analysts | Strong Buy |
Price Target | 46.00 (+37.73%) |
Earnings Date | Feb 5, 2025 |
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]
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 StatementsAnalyst 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 37.73% from the latest price.
News
Top 3 Tech And Telecom Stocks That Could Blast Off In December
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
Madison Square Garden Entertainment Corp. Repurchases $25 Million of MSGE Class A Common Stock
NEW YORK , Dec. 3, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced that the Company repurchased 681,593 shares of MSG...
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...
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...
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...
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...
‘DJT' stock climbs again after Trump's Madison Square Garden rally
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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.
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...
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.
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...
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...
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 ...
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...
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.
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...
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.
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...
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...
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...
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...
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...
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...
Madison Square Garden Entertainment Corp. (MSGE) Q2 2024 Earnings Call Transcript
Madison Square Garden Entertainment Corp. (MSGE) Q2 2024 Earnings Call Transcript
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...