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Madison Square Garden Approves Redomestication to Nevada

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Madison Square Garden Approves Redomestication to Nevada

Confident Investing Starts Here:

Madison Square Garden Entertainment Corp. ( (MSGE) ) has shared an announcement.

On June 9, 2025, Madison Square Garden Entertainment Corp. held a Special Meeting where stockholders voted on a proposal to redomesticate the company from Delaware to Nevada. The proposal was approved by both Class A and Class B stockholders, with a significant majority voting in favor of the move.

The most recent analyst rating on (MSGE) stock is a Hold with a $43.00 price target. To see the full list of analyst forecasts on Madison Square Garden Entertainment Corp. stock, see the MSGE Stock Forecast page.

Spark’s Take on MSGE Stock

According to Spark, TipRanks’ AI Analyst, MSGE is a Neutral.

MSGE’s stock score reflects a balanced view of its financial performance, technical analysis, valuation, and recent updates. Financially, the company is stable but faces challenges with high leverage. Technical indicators provide caution due to potential overbought conditions. Valuation appears fair, and recent earnings calls and corporate events add positive sentiment, indicating a cautiously optimistic outlook.

To see Spark’s full report on MSGE stock, click here.

More about Madison Square Garden Entertainment Corp.

Average Trading Volume: 300,709

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.79B

For an in-depth examination of MSGE stock, go to TipRanks’ Stock Analysis page.

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