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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― - ―
52-Week Range$32.40 - $44.14
Previous CloseN/A
Volume54.38K
Average Volume (3M)447.19K
Market Cap
$1.72B
Enterprise Value$3.16B
Total Cash (Recent Filing)$1.23B
Total Debt (Recent Filing)$101.33M
Price to Earnings (P/E)9.7
Beta1.09
Next Earnings
Feb 05, 2025EPS Estimate
2.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.67
Shares Outstanding41,605,790
10 Day Avg. Volume405,066
30 Day Avg. Volume447,195
Standard Deviation0.07
R-Squared0.00049
Alpha0.00666
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.78
Price to Cash Flow (P/CF)-15.60
P/FCF Ratio0.00
Enterprise Value/Market Cap1.84
Enterprise Value/Revenue3.30
Enterprise Value/Gross Profit8.09
Enterprise Value/Ebitda20.14
Forecast
1Y Price Target
$44.25Price Target Upside24.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Madison Square Garden Entertainment Corp. News
PremiumCompany Announcements
Madison Square Garden Entertainment Announces CFO Transition
Bulls Say, Bears Say
Bulls Say
Consumer DemandDespite the lowered outlook, there 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.
Market OutlookConsumer health remains solid, and shares should benefit if the concert calendar firms up.
Bears Say
CancellationsLower supply called out for 3Q from the recent cancellations, noting a lead time to bring a new performance online being approximately 6-9 months.
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.
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Ownership Overview
1.81% Insiders
30.98% Mutual Funds
2.21% Other Institutional Investors
50.43% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 $32.40 and its highest was $44.14 in the past 12 months.
What is Madison Square Garden Entertainment Corp.’s market cap?
Madison Square Garden Entertainment Corp.’s market cap is $1.72B.
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 18 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.?
Currently, no hedge funds are holding shares in MSGE
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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 (24.72% Upside)
$44.25 (24.72% Upside)
Blogger Sentiment
Bullish
MSGE Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 655.2K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.84%
12-Months-Change
Fundamentals
Return on Equity
-360.69%
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
▲(24.72% Upside)
Technical Analysis
Best Analysts Covering MSGE
1 Year
1 Year Success Rate
3/5 ratings generated profit
1 Year Average Return
+13.00%
reiterated a buy rating 19 days ago
Copying Curry Baker's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +13.00% per trade.
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