Sphere Entertainment Co. (SPHR)
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]
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 StatementsAnalyst 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.
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...
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...

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...

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...

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 ...

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...

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...

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...

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...

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...

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...

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...

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...

MSG Networks to launch streaming service for Knicks, Rangers games
MSG is the latest regional sports network to launch a streaming service

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...

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...

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...

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 ...

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...

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.
Madison Square Garden owner threatens not to serve alcohol
CNBC's Andrew Ross Sorkin reports on news from Madison Square Garden.

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.

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.

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. ...

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...