Madison Square Garden Entertainment Corp. (MSGE)

NYSE: MSGE · IEX Real-Time Price · USD
36.92
-0.35 (-0.94%)
Feb 27, 2024, 4:00 PM EST - Market closed
-0.94%
Market Cap 1.77B
Revenue (ttm) 894.04M
Net Income (ttm) 71.82M
Shares Out 47.99M
EPS (ttm) 1.53
PE Ratio 24.13
Forward PE 26.80
Dividend n/a
Ex-Dividend Date n/a
Volume 512,836
Open 37.27
Previous Close 37.27
Day's Range 36.62 - 37.41
52-Week Range 21.02 - 40.81
Beta 1.26
Analysts Buy
Price Target 39.29 (+6.42%)
Earnings Date Feb 7, 2024

About 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 incorp... [Read more]

Industry Entertainment
Founded 2020
Employees 5,820
Stock Exchange NYSE
Ticker Symbol MSGE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for MSGE stock is "Buy." The 12-month stock price forecast is $39.29, which is an increase of 6.42% from the latest price.

Price Target
$39.29
(6.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

20 days 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...

22 days 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...

26 days ago - PRNewsWire

MSG ENTERTAINMENT AND SPHERE ENTERTAINMENT NAME LAURA FRANCO EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL

NEW YORK , Feb. 1, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") and Sphere Entertainment Co. (NYSE: SPHR) today announced that Laura Franco, an acc...

Other symbols: SPHR
26 days ago - PRNewsWire

Sphere To Feature First-Of-Its-Kind Exosphere Activation With The Radio City Rockettes This Holiday Season

It's Beginning To Look A Lot Like Christmas In Las Vegas! The Radio City Rockettes Iconic Precision Choreography To Be Showcased In New Festive Activation  Featuring Dancing Wrapping 360 Degrees Aroun...

Other symbols: SPHR
3 months ago - PRNewsWire

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

Company Continues to See FY2024 Revenues of $900-930 Million and AOI of $160-$170 Million (1) Company Updates FY2024 Operating Income Range to $85-$95 Million (2) On Track to Deliver Low Double-Digit ...

4 months ago - PRNewsWire

Earth Brands Adds $4M in Equity Funding and Secures Deals with Madison Square Garden and Formula 1 in Q4

New York, New York--(Newsfile Corp. - November 2, 2023) - Earth Brands, the eco-conscious startup dedicated to combating the use of single-use plastic products, announced today that it has successfull...

4 months ago - Newsfile Corp

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

NEW YORK , Oct. 31, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2023 on ...

4 months ago - PRNewsWire

Knicks sign jersey patch deal with owner James Dolan's Sphere Entertainment

The New York Knicks will debut a new jersey patch sponsor this season with Sphere Entertainment, a company also owned by the team's owner James Dolan.

Other symbols: SPHR
4 months ago - CNBC

Madison Square Garden Entertainment Corp. Announces Pricing of Secondary Offering and Share Repurchase

NEW YORK , Sept. 19, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced the pricing of the previously announced underwri...

5 months ago - PRNewsWire

MSG Entertainment Stock Looks Set to Rise

The latest and final stock sale of Madison Square Garden Entertainment by its former parent, Sphere Entertainment, looks bullish for the owner of the Madison Square Garden arena in Manhattan.

5 months ago - Barrons

Madison Square Garden Entertainment says shareholder Sphere has commenced a secondary offering of 7.2 million shares

Madison Square Garden Entertainment Corp.'s stock MSGE, -0.58% fell 5.3% premarket Monday, after the company said selling shareholder Sphere Entertainment Group LLC has launched a secondary offering o...

5 months ago - Market Watch

Madison Square Garden Entertainment Corp. Announces Secondary Offering and Share Repurchase

NEW YORK , Sept. 18, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced that Sphere Entertainment Group, LLC (the "Selli...

5 months ago - PRNewsWire

OAK VIEW GROUP TOGETHER WITH MSG ENTERTAINMENT AND SPHERE ENTERTAINMENT ANNOUNCE FORMATION OF 'CROWN PROPERTIES COLLECTION' TO MANAGE ELITE VENUE PARTNERSHIPS AND SPONSORSHIPS WORLDWIDE

New Entity 'Crown Properties Collection' to Manage Global Partnerships Portfolio for Premier Assets Including Sphere, MSG Entertainment's Venues and Live Entertainment Properties, and MSG Sports' Prof...

Other symbols: SPHR
6 months ago - PRNewsWire

Hawaiian Electric, MSG Entertainment, WeWork: Trending stocks August 18, 2023

The S&P 500 (^GSPC) ticks down this morning, signaling another losing week for stocks amid elevated inflation and the Fed's ongoing interest rate cycle debate. Utility company Hawaiian Electric (HE) r...

Other symbols: HE
6 months ago - Yahoo Finance

MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2023 FOURTH QUARTER AND FULL YEAR RESULTS

Delivered First Full Year of Live Events at the Company's Venues Since Fiscal 2019 Hosted More than 5.5 Million Guests at Nearly 900 Live Events in Fiscal 2023 $90 Million in MSGE Class A Shares Repur...

6 months ago - PRNewsWire

Madison Square Garden Entertainment Corp. to Host Fiscal 2023 Fourth Quarter and Year-End Conference Call

NEW YORK , Aug. 11, 2023 /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...

7 months ago - PRNewsWire

Madison Square Garden Entertainment Corp. Announces Pricing of Secondary Offering and Concurrent Share Repurchase

NEW YORK , June 22, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced the pricing of the previously announced underwrit...

8 months ago - PRNewsWire

Madison Square Garden says Sphere Entertainment is selling 5.25 million shares

Live entertainment provider Sphere Entertainment Co. SPHR, -5.16% will sell 5.25 million shares of Madison Square Garden Entertainment Corp. MSGE, +1.59%, Madison Square Garden said on Tuesday. Sphere...

Other symbols: SPHR
9 months ago - Market Watch

Madison Square Garden Entertainment Corp. Announces Secondary Offering and Concurrent Share Repurchase

NEW YORK , June 20, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced that Sphere Entertainment Group, LLC (the "Sellin...

9 months ago - PRNewsWire

Madison Square Garden Entertainment stock surges on Q3 earnings

Yahoo Finance Live's Diane King Hall reports on the surge in Madison Square Garden Entertainment stock after the company's Q3 earnings report, its first earnings report as a standalone company, and th...

10 months ago - Yahoo Finance

MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2023 THIRD QUARTER RESULTS

Spin-off Completed in April Creating Pure-Play Live Entertainment Company NEW YORK , May 18, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") today rep...

Other symbols: SPHR
10 months ago - PRNewsWire

Madison Square Garden Entertainment Corp. to Host Fiscal 2023 Third Quarter Conference Call

NEW YORK , May 11, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") will host a conference call to discuss results for its fiscal third quarter ended M...

Other symbols: SPHR
10 months ago - PRNewsWire

Madison Square Garden Entertainment Corp. Completes Spin-Off from Sphere Entertainment Co.

NEW YORK , April 21, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") (formerly MSGE Spinco, Inc.) today announced that it has complet...

Other symbols: SPHR
11 months ago - PRNewsWire

Madison Square Garden Entertainment Corp. Agrees to Sell Majority Interest in Tao Group Hospitality

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment” or “Company”) today announced that it has agreed to sell its 66.9% majority interest in Tao Group...

11 months ago - Business Wire