Summary

41.81 0.41(0.99%)10/04/2024
Madison Square Garden Entertainment Corp (MSGE)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
0.99-0.782.7321.406.4727.940.00-52.76


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Trading Data
Close41.81
Open42.11
High42.24
Low41.28
Volume90,039
Change0.41
Change %0.99
Avg Volume (20 Days)174,680
Volume/Avg Volume (20 Days) Ratio0.52
52 Week Range27.55 - 42.99
Price vs 52 Week High-2.74%
Price vs 52 Week Low51.76%
Range-0.71
Gap Up/Down-0.01
Fundamentals
Market Capitalization (Mln)1,999
EBIDTA7,003,000
PE Ratio0.0000
PEG Ratio0.0000
WallStreet Target Price96.88
Book Value59.5490
Earnings Per Share-19.5010
EPS Estimate Current Quarter-1.1400
EPS Estimate Next Quarter1.7300
EPS Estimate Current Year-15.4300
EPS Estimate Next Year-0.1800
Diluted EPS (TTM)-19.5010
Revenues
Profit Marging-1.5207
Operating Marging (TTM)-1.4715
Return on asset (TTM)-0.0632
Return on equity (TTM)-0.1900
Revenue TTM304,364,992
Revenue per share TTM12.5840
Quarterly Revenue Growth (YOY)0.7270
Quarterly Earnings Growth (YOY)0.0000
Gross Profit (TTM)41,361,000
Dividends
Dividend Share0.0000
Dividend Yield
Valuations
Trailing PE0.0000
Forward PE75.7576
Price Sales (TTM)0.0000
Price Book (MRQ)1.1443
Revenue Enterprise Value 10.2626
EBITDA Enterprise Value27.6788
Shares
Shares Outstanding27,325,000
Shares Float26,577,574
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.00
Insider (%)3.82
Institutions (%)91.29


09/25 12:05 EST - zacks.com
MSGE Teams Up With Lenovo: How Should You Play the Stock?
Madison Square Garden's recently inked partnership with Lenovo is expected to boost engagement with small businesses.
09/02 13:00 EST - zacks.com
Madison Square Garden Entertainment (MSGE) is a Great Momentum Stock: Should You Buy?
Does Madison Square Garden Entertainment (MSGE) have what it takes to be a top stock pick for momentum investors? Let's find out.
09/02 09:51 EST - zacks.com
3 Media Stocks Worth Buying From a Prospering Industry
The Zacks Media Conglomerates industry players like MSGE, SBGI and RSVR are gaining from the rising demand for high-speed Internet and increased media consumption.
08/23 09:33 EST - benzinga.com
Over $34M Bet On Comstock Resources? Check Out These 3 Stocks Executives Are Buying
Although U.S. stocks closed lower on Thursday, there were a few notable insider trades.
08/23 07:13 EST - seekingalpha.com
Madison Square Garden Entertainment: Demand Remains Robust
MSGE benefits from strong demand for live events in popular US venues. Robust demand indicators include stable event bookings, strong ticket sales, and positive sponsorship traction. I believe MSGE should trade at a premium to other entertainment peers because of the better demand outlook.
08/16 13:35 EST - seekingalpha.com
Madison Square Garden Entertainment Corp. (MSGE) Q4 2024 Earnings Call Transcript
Madison Square Garden Entertainment Corp. (NYSE:MSGE ) Q4 2024 Earnings Conference Call August 16, 2024 8:30 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasury Mike Grau - Executive Vice President & Chief Financial Officer Conference Call Participants Peter Henderson - Bank of America Stephen Laszczyk - Goldman Sachs Cameron Mansson-Perrone - Morgan Stanley Brandon Ross - LightShed David Karnovsky - JP Morgan Peter Supino - Wolfe Research Operator Good morning. Thank you for standing by and welcome to the Madison Square Garden Entertainment Fiscal 2024 Fourth Quarter and Year End Earnings Conference Call.
08/16 11:43 EST - investopedia.com
MSG Entertainment Posts Surprise Profit as Event and Game-Related Revenues Jump
Shares of Madison Square Garden Entertainment (MSGE) hit an all-time high Friday as the New York-based company reported a surprise fourth-quarter profit on higher revenue from events and purchases by fans of the city's sports teams.
08/16 09:25 EST - zacks.com
Madison Square Garden Entertainment (MSGE) Tops Q4 Earnings and Revenue Estimates
Madison Square Garden Entertainment (MSGE) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of a loss of $0.57 per share. This compares to loss of $0.47 per share a year ago.
08/16 07:00 EST - prnewswire.com
MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2024 FOURTH QUARTER AND FULL YEAR RESULTS
Fiscal 2024 Revenues of $959.3 Million, up 13% Versus Prior Year and Above High-End of Guidance Range(1) Fiscal 2024 Operating Income of $111.9 Million and AOI of $211.5 Million, Both Above High-End of Guidance Range(1)(2) NEW YORK, Aug. 16, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2024. Fiscal 2024 marked the first full year of operations for MSG Entertainment as a standalone public company.
08/16 03:55 EST - benzinga.com
Madison Square Garden Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Madison Square Garden Entertainment Corp. MSGE is expected to release earnings results for its fiscal fourth quarter, before the opening bell on Friday, Aug. 16.
08/13 09:00 EST - prnewswire.com
Madison Square Garden Entertainment Corp. to Host Fiscal 2024 Fourth Quarter and Year-End Conference Call
NEW YORK , Aug. 13, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal fourth quarter and full-year ended June 30, 2024 on Friday, August 16, 2024 at 8:30 a.m. Eastern Time.
07/24 11:29 EST - benzinga.com
Madison Square Garden Has Room For 'Robust Growth' Thanks To Concert Lineup, Christmas Spectacular: Analyst
Shares of Madison Square Garden Entertainment Corp MSGE climbed in early trading on Wednesday.
05/20 01:18 EST - https://www.defenseworld.net
Madison Square Garden Entertainment (NYSE:MSGE) vs. Six Flags Entertainment (NYSE:SIX) Head to Head Survey
Madison Square Garden Entertainment (NYSE:MSGE – Get Free Report) and Six Flags Entertainment (NYSE:SIX – Get Free Report) are both consumer discretionary companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, valuation, risk, institutional ownership, earnings, analyst recommendations and dividends. Valuation and Earnings This table compares Madison Square Garden Entertainment and Six Flags Entertainment’s gross revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Madison Square Garden Entertainment $851.50 million 1.79 $76.60 million $1.18 31.42 Six Flags Entertainment $1.43 billion 1.52 $39.00 million $0.32 80.41 Madison Square Garden Entertainment has higher earnings, but lower revenue than Six Flags Entertainment. Madison Square Garden Entertainment is trading at a lower price-to-earnings ratio than Six Flags Entertainment, indicating that it is currently the more affordable of the two stocks. Analyst Recommendations This is a breakdown of recent ratings and recommmendations for Madison Square Garden Entertainment and Six Flags Entertainment, as provided by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Madison Square Garden Entertainment 0 3 3 0 2.50 Six Flags Entertainment 2 3 7 0 2.42 Madison Square Garden Entertainment presently has a consensus target price of $39.83, suggesting a potential upside of 7.43%. Six Flags Entertainment has a consensus target price of $28.00, suggesting a potential upside of 8.82%. Given Six Flags Entertainment’s higher probable upside, analysts clearly believe Six Flags Entertainment is more favorable than Madison Square Garden Entertainment. Institutional & Insider Ownership 96.9% of Madison Square Garden Entertainment shares are owned by institutional investors. Comparatively, 98.0% of Six Flags Entertainment shares are owned by institutional investors. 18.7% of Madison Square Garden Entertainment shares are owned by insiders. Comparatively, 0.5% of Six Flags Entertainment shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth. Profitability This table compares Madison Square Garden Entertainment and Six Flags Entertainment’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Madison Square Garden Entertainment 5.74% -53.05% 4.72% Six Flags Entertainment 1.84% -6.61% 2.28% Summary Madison Square Garden Entertainment beats Six Flags Entertainment on 7 of the 13 factors compared between the two stocks. About Madison Square Garden Entertainment (Get Free Report) Madison Square Garden Entertainment Corp. engages in live entertainment business. The company produces, presents, and hosts live entertainment events, including concerts, sports events, and other live events, such as family shows, performing arts events, and special events. Its operations include a collection of venues, the entertainment and sports bookings business, and the Christmas Spectacular Starring the Radio City Rockettes production. The company was formerly known as MSGE Spinco, Inc. Madison Square Garden Entertainment Corp. was incorporated in 2022 and is based in New York, New York. About Six Flags Entertainment (Get Free Report) Six Flags Entertainment Corporation owns and operates regional theme and waterparks under the Six Flags name. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company sells food, beverages, merchandise, and other products and services within its parks. It operates parks in the United States, Mexico, and Canada. The company was formerly known as Six Flags, Inc. and changed its name to Six Flags Entertainment Corporation in April 2010. Six Flags Entertainment Corporation was founded in 1961 and is based in Arlington, Texas.
05/10 14:24 EST - seekingalpha.com
Madison Square Garden Entertainment Corp. (MSGE) Q3 2024 Earnings Call Transcript
Madison Square Garden Entertainment Corp. (NYSE:MSGE ) Q3 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasury Mike Grau - Executive Vice President & Chief Financial Officer Phil D'Ambrosio - Executive Vice President & Treasurer Conference Call Participants Stephen Laszczyk - Goldman Sachs Daniel Duran - Morgan Stanley Peter Henderson - Bank of America David Karnovsky - JPMorgan Logan Angress - Wolfe Research Paul Golding - Macquarie Capital Operator Good morning. Thank you for standing by and welcome to the Madison Square Garden Entertainment Corporation Fiscal 2024 Third Quarter Earnings Conference Call.
05/09 07:30 EST - prnewswire.com
MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2024 THIRD QUARTER RESULTS
FY24 Revenue Range Narrowed to $940-950 Million, as Compared to Prior Range of $930-950 Million  FY24 Operating Income Range Increased to $100-110 Million, Versus Prior $95-105 Million  FY24 AOI Range Increased to $200-210 Million, as Compared to $195-205 Million Previously (1) NEW YORK , May 9, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal third quarter ended March 31, 2024. The fiscal 2024 third quarter was highlighted by the continued strength of the Company's bookings business, led by robust growth in the number of concerts held at the Company's venues.
05/02 17:00 EST - prnewswire.com
Madison Square Garden Entertainment Corp. to Host Fiscal 2024 Third Quarter Conference Call
NEW YORK , May 2, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal third quarter ended March 31, 2024 on Thursday, May 9, 2024 at 10:00 a.m. Eastern Time.
04/09 16:42 EST - seekingalpha.com
Madison Square Garden Entertainment: Strong Visibility Into FY24/25 Growth
Madison Square Garden Entertainment is recommended as a buy due to strong growth outlook and visibility through FY24 and FY25. MSGE's recent results show revenue growth of 13% and strong adj. EBIT performance, validating expectations for FY24 estimates. Strong demand and high visibility into bookings, including record-breaking concerts and sold-out shows, support the positive outlook for MSGE.
04/03 10:46 EST - zacks.com
Are Consumer Discretionary Stocks Lagging Madison Square Garden Entertainment Corp. (MSGE) This Year?
Here is how Madison Square Garden Entertainment (MSGE) and Rush Street Interactive, Inc. (RSI) have performed compared to their sector so far this year.
03/18 08:55 EST - zacks.com
3 Media Stocks to Watch From a Prospering Industry
Media Conglomerates like Disney (DIS), Paramount Global (PARA) and Madison Square Garden Entertainment (MSGE) are gaining from the rising demand for high-speed Internet and increased media consumption.
03/08 05:32 EST - finbold.com
Las Vegas Sphere stock is up 50% in 2024
Following its separation from Madison Square Garden Entertainment Corp (NYSE: MSGE) in April 2023, Sphere Entertainment (NYSE: SPHR) appears to be thriving, with its stock surging by over 50% since the beginning of 2024.