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Madison Square Garden Entertainment Corp. (MSGE)
NYSE:MSGE
RESEARCH TOOLSreports
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MSGE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$30.10 - $44.14
Previous Close$33.22
Volume807.14K
Average Volume (3M)366.89K
Market Cap
$1.61B
Enterprise Value$2.76B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.15B
Price to Earnings (P/E)9.0
Beta1.10
Next Earnings
Feb 05, 2025EPS Estimate
$2.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.67
Shares Outstanding48,472,545
10 Day Avg. Volume5,311,057
30 Day Avg. Volume366,895
Standard Deviation0.08
R-Squared0.00031
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-33.40
Price to Sales (P/S)1.68
Price to Cash Flow (P/CF)-14.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.88
Enterprise Value/Gross Profit7.06
Enterprise Value/Ebitda17.58
Forecast
1Y Price Target
$44.25Price Target Upside32.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Madison Square Garden Entertainment Corp. News
PremiumCompany Announcements
Madison Square Garden Entertainment Announces CFO Transition
PremiumCompany Announcements
MSG Entertainment’s Q1 2025: Revenue Dips, Losses NarrowBulls Say, Bears Say
Bulls Say
Concert DemandDemand still solid, particularly the case for the upcoming Christmas Spectacular.
Consumer DemandThere is a constructive view toward the supply and demand dynamics underpinning expectations for strong consumer demand for concerts.
Financial PerformanceF1Q25 revenue growth was in line with expectations, and adjusted operating income was ahead and up year-over-year.
Bears Say
Concert BookingsThe company's outlook for concert bookings growth has been revised lower, reflecting industry softness but also more idiosyncratic headwinds from Billy Joel and select cancellations.
EarningsFY25 earnings guide cut with extra costs on taking sponsorship back in-house.
Supply ConstraintsLower supply called out for 3Q from the recent cancellations, noting a lead time to bring a new performance online being approximately 6-9 months.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
MSGE FAQ
What was Madison Square Garden Entertainment Corp.’s price range in the past 12 months?
Madison Square Garden Entertainment Corp. lowest stock price was $30.10 and its highest was $44.14 in the past 12 months.
What is Madison Square Garden Entertainment Corp.’s market cap?
Currently, no data Available
When is Madison Square Garden Entertainment Corp.’s upcoming earnings report date?
Madison Square Garden Entertainment Corp.’s upcoming earnings report date is Feb 05, 2025 which is in 46 days.
How were Madison Square Garden Entertainment Corp.’s earnings last quarter?
Madison Square Garden Entertainment Corp. released its earnings results on Nov 08, 2024. The company reported -$0.4 earnings per share for the quarter, beating the consensus estimate of -$0.786 by $0.386.
Is Madison Square Garden Entertainment Corp. overvalued?
According to Wall Street analysts Madison Square Garden Entertainment Corp.’s price is currently Undervalued.
Does Madison Square Garden Entertainment Corp. pay dividends?
Madison Square Garden Entertainment Corp. does not currently pay dividends.
What is Madison Square Garden Entertainment Corp.’s EPS estimate?
Madison Square Garden Entertainment Corp.’s EPS estimate is $2.19.
How many shares outstanding does Madison Square Garden Entertainment Corp. have?
Madison Square Garden Entertainment Corp. has 41,605,790 shares outstanding.
What happened to Madison Square Garden Entertainment Corp.’s price movement after its last earnings report?
Madison Square Garden Entertainment Corp. reported an EPS of -$0.4 in its last earnings report, beating expectations of -$0.786. Following the earnings report the stock price went down -9.123%.
Which hedge fund is a major shareholder of Madison Square Garden Entertainment Corp.?
Among the largest hedge funds holding Madison Square Garden Entertainment Corp.’s share is Ariel Investments LLC. It holds Madison Square Garden Entertainment Corp.’s shares valued at 282M.
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Madison Square Garden Entertainment Corp. Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$44.25 (32.49% Upside)
$44.25 (32.49% Upside)
Blogger Sentiment
Bullish
MSGE Sentiment 75%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 655.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $254.6K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
3.90%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
19.41%
Trailing 12-Months
Company Description
Madison Square Garden Entertainment Corp.
Sphere Entertainment Co is premier live entertainment and media company. The firm creates, writes, cast, produce, and tour major shows and events. The company's portfolio includes Sphere, a next-generation entertainment medium to the world.
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MSGE Company Deck
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MSGE Earnings Call
Q1 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call revealed a mixed bag of outcomes. While there is notable success in ticket sales for the Christmas Spectacular and new partnerships, challenges persist with declining concert revenues, slowing bookings, and increased costs. The company is optimistic about its long-term prospects but is facing short-term headwinds.Read More>---
MSGE Stock 12 Month Forecast
Average Price Target
$44.25
▲(32.49% Upside)
Technical Analysis
Best Analysts Covering MSGE
1 Year
1 Year Success Rate
3/4 ratings generated profit
1 Year Average Return
+15.65%
reiterated a buy rating last month
Copying Curry Baker's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +15.65% per trade.
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