Sphere Entertainment Co. (SPHR)

NYSE: SPHR · IEX Real-Time Price · USD
25.59
+0.01 (0.04%)
Jun 8, 2023, 4:00 PM EDT - Market closed
0.04%
Market Cap 888.32M
Revenue (ttm) 1.86B
Net Income (ttm) -133.96M
Shares Out 34.73M
EPS (ttm) -4.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 356,334
Open 25.28
Previous Close 25.58
Day's Range 24.86 - 26.02
52-Week Range 20.69 - 69.97
Beta n/a
Analysts Hold
Price Target 25.25 (-1.33%)
Earnings Date May 10, 2023

About 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 70 entertainment dining and nightlife v... [Read more]

Industry Entertainment
Founded 2020
Employees 2,200
Stock Exchange NYSE
Ticker Symbol SPHR
Full Company Profile

Financial Performance

In 2022, SPHR's revenue was $1.72 billion, an increase of 111.81% compared to the previous year's $814.21 million. Losses were -$194.40 million, 31.2% more than in 2021.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for SPHR stock is "Hold." The 12-month stock price forecast is $25.25, which is a decrease of -1.33% from the latest price.

Price Target
$25.25
(-1.33% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Harte Hanks Chosen to Provide Customer Support for Soon-to-Launch Streaming Service MSG+

MSG+ Win Boosts Harte Hanks Streaming Client Roster to 13 CHELMSFORD, MA / ACCESSWIRE / June 6, 2023 / Harte Hanks, Inc. (NASDAQ:HHS), a leading global customer experience company, today announced the...

Other symbols: HHS
2 days ago - Accesswire

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...

Other symbols: MSGE
3 weeks ago - Yahoo Finance
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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: MSGE
3 weeks 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: MSGE
1 month ago - PRNewsWire

Sphere Entertainment Co. Reports Fiscal 2023 Third Quarter Results

NEW YORK--(BUSINESS WIRE)--Sphere Entertainment Co. (NYSE: SPHR) ("Sphere Entertainment" or the "Company") today reported financial results for the fiscal third quarter ended March 31, 2023. On April ...

1 month ago - Business Wire

Sphere Entertainment Co. to Release Fiscal 2023 Third Quarter Results

NEW YORK--(BUSINESS WIRE)--Sphere Entertainment Co. (NYSE: SPHR) will issue a press release on Wednesday, May 10, 2023 before the market opens reporting results for its fiscal third quarter ended Marc...

1 month ago - Business Wire

MOHARI HOSPITALITY FINALIZES ACQUISITION OF TAO GROUP HOSPITALITY

NEW YORK , May 3, 2023 /PRNewswire/ -- Mohari Hospitality, an investment firm focused on the luxury lifestyle and hospitality sectors, announced today the completion of its acquisition of Tao Group Ho...

1 month ago - PRNewsWire
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Sphere Entertainment Co. Completes Sale of Its Majority Interest in Tao Group Hospitality

NEW YORK--(BUSINESS WIRE)--Sphere Entertainment Co. (NYSE: SPHR) (the “Company” or “Sphere Entertainment”) today announced it has completed the sale of its 66.9% majority interest in Tao Group Hospita...

1 month ago - Business Wire

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: MSGE
1 month ago - PRNewsWire

Sphere Entertainment Co. Completes Spin-Off of Traditional Live Entertainment Businesses

NEW YORK--(BUSINESS WIRE)--Sphere Entertainment Co. (NYSE: SPHR) (the “Company” or “Sphere Entertainment”) today announced that it has completed the spin-off of its traditional live entertainment busi...

1 month ago - Business Wire

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...

Other symbols: MSGE
1 month ago - Business Wire

MSG Entertainment Announces “Sphere Experiences” to Debut This Fall With First-Of-Its Kind Production – Postcard From Earth

BURBANK, Calif.--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) today announced “Sphere Experiences,” one of the core content categories to be featured a...

Other symbols: MSGE
2 months ago - Business Wire
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Madison Square Garden Entertainment Corp. Board Approves Spin-Off of Traditional Live Entertainment Business

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“Company”) today announced that its board of directors has approved the spin-off of its traditional live entertainmen...

Other symbols: MSGE
2 months ago - Business Wire

MSG Networks to launch streaming service for Knicks, Rangers games

MSG is the latest regional sports network to launch a streaming service

Other symbols: MSGE
3 months ago - CNBC

MSG Networks Provides Updates on New Streaming Initiatives

NEW YORK--(BUSINESS WIRE)--MSG Networks continues to build on its history of innovation with its announcement today of new digital initiatives that will make its content available to new audiences – M...

Other symbols: MSGE
3 months ago - Business Wire

Madison Square Garden Entertainment Corp. Provides Update on Proposed Spin-Off Transaction

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) today announced that it is continuing to make progress on the proposed tax-free spin-off of its traditional live enter...

Other symbols: MSGE
4 months ago - Business Wire

Madison Square Garden Entertainment Corp. Reports Fiscal 2023 Second Quarter Results

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") today reported financial results for the fiscal second quarter ended December 31, 2022. The fisc...

Other symbols: MSGE
4 months ago - Business Wire

Madison Square Garden Entertainment Corp. Provides Update on Tao Group Hospitality

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) today announced the Company is exploring a potential sale of its majority interest in Tao Group ...

Other symbols: MSGE
4 months ago - Business Wire

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

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2022 on Thursday, Fe...

Other symbols: MSGE
4 months ago - Business Wire

James Dolan defends use of facial recognition technology to ban entry into Madison Square Garden and Radio City Music Hall

The New York Knicks owner also threatened to stop serving alcohol at Rangers games in response to the outcry, which he later walked back.

Other symbols: MSGE
4 months ago - Business Insider

Madison Square Garden owner threatens not to serve alcohol

CNBC's Andrew Ross Sorkin reports on news from Madison Square Garden.

Other symbols: MSGE
4 months ago - CNBC Television

NY AG Letitia James presses MSG over use of facial recognition technology

New York Attorney General Letitia James pressed MSG Entertainment over its reported use of face scans to block certain lawyers from entering venues.

Other symbols: MSGE
4 months ago - CNBC

New York Attorney General Probing Madison Square Garden's Use of Facial Recognition Technology

The state attorney general's office said Wednesday that the company has reportedly used the technology to bar entry for lawyers who are currently suing it over unrelated matters.

Other symbols: MSGE
4 months ago - WSJ

Madison Square Garden moving ahead with live-entertainment spin-off

Madison Square Garden Entertainment Corp. MSGE, +0.39% on Friday said it would move ahead with a spin-off of its live entertainment business and planned to complete that spin-off by the end of March. ...

Other symbols: MSGE
5 months ago - Market Watch

Madison Square Garden Entertainment Corp. Confidentially Files Amended Form 10 Registration Statement for Proposed Spin-off of Live Entertainment Business

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) today announced that it is moving forward with the spin-off of its traditional live entertainment business, which in...

Other symbols: MSGE
5 months ago - Business Wire