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MSGE Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
74.960
Open
73.250
VWAP
73.84
Vol
665.84K
Mkt Cap
3.47B
Low
73.127
Amount
49.16M
EV/EBITDA(TTM)
17.83
Total Shares
47.31M
EV
3.73B
EV/OCF(TTM)
10.93
P/S(TTM)
3.44
Madison Square Garden Entertainment Corp. is a live entertainment company. The Company's portfolio includes a collection of venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a range of sporting events, concerts, family shows, and special events. In addition, the Company features the original production, the Christmas Spectacular Starring the Radio City Rockettes. In addition, the Company hosts two of the franchises in professional sports - the National Basketball Association’s Knicks and the National Hockey League’s Rangers. The Company also promotes, produces and/or presents a range of live sporting events, including professional boxing, college basketball, college hockey, professional bull riding, mixed martial arts, esports and wrestling. It conducts a significant portion of its operations at venues that it either owns or operates under long-term leases.
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Events Timeline

(ET)
2026-05-08
11:20:00
Kalshi Partners with Madison Square Garden Entertainment Corp.
select
2026-05-07 (ET)
2026-05-07
06:50:00
Company Reports Q3 Revenue of $246.3M
select
2026-04-08 (ET)
2026-04-08
10:10:00
Madison Square Garden Partners with Impossible Foods for New Collaboration
select

News

NASDAQ.COM
8.5
06-19NASDAQ.COM
Knicks Championship Impacts Investment Strategies
  • Championship Effect: The Knicks' NBA championship after 53 years enhances the team's global brand value, expected to increase fan engagement and merchandise sales, thereby boosting attractiveness to sponsors and media partners.
  • Investment Choices: While both MSGE and MSGS have risen about 40% due to the championship effect, MSGS, owning the Knicks, may be the more direct investment choice, especially considering its close ties to the team's value.
  • Financial Performance: According to Zacks estimates, MSGE's sales are expected to rise 9% this year, reaching $1.1 billion by fiscal 2027, while MSGS is projected to grow 5% in FY26 but contract 4% in FY27.
  • Valuation Comparison: MSGE's price-to-sales ratio stands at 3x with a stock price around $70, indicating a more attractive valuation, while MSGS trades over $370 with an 8x ratio, although much of the future growth potential may already be priced in.
CNBC
8.5
06-19CNBC
Investors Should Consider MSG Sports Stock
  • Stock Performance: MSG Sports shares surged 22.5% from early April to June 11, reaching a record high following the Knicks' championship parade, although they recently pulled back 6% as investors took profits.
  • Valuation Discrepancy: Cramer highlighted that MSG Sports' market capitalization is less than the combined value of its franchises, with the Knicks valued at approximately $10.1 billion and the Rangers at $3.8 billion, totaling nearly $14 billion, while MSG Sports' enterprise value is under $10 billion.
  • Potential Spin-off: MSG Sports is exploring a spin-off of the Rangers into a standalone business, which could help unlock hidden value for investors, drawing parallels to its successful entertainment venue spin-off in 2020.
  • Investment Appeal: While Cramer cautioned that MSG Sports remains a unique investment due to Chairman James Dolan's control over voting rights, he believes the current setup is attractive following the stock's recent pullback.
CNBC
1.0
06-09CNBC
Trump's Attendance at NBA Finals Sparks Controversy
  • Presidential Booing: Trump's attendance at Game 3 of the NBA Finals was met with loud boos from the crowd, highlighting his unpopularity in heavily Democratic New York City and reflecting the strained relationship he has with local residents.
  • Entry Delays for Fans: His presence caused ticket-holding fans to wait over two hours to enter Madison Square Garden, leading to frustration and chaos among attendees, which negatively impacted the overall atmosphere of the game.
  • Protest Signs: As Trump's motorcade passed, signs reading “Nobody wants you here” were displayed, indicating strong public opposition to his presence and exacerbating the divide between him and New York citizens.
  • NBA Commissioner’s Remarks: Despite the controversy, NBA Commissioner Adam Silver stated that Trump is “welcome to be here,” emphasizing the unifying power of sports and reflecting the league's inclusive stance amidst political divisions.
stocktwits
8.5
05-26stocktwits
New York Knicks Reach NBA Finals for First Time in 24 Years
  • Historic Advancement: The New York Knicks swept the Cleveland Cavaliers 4-0 in the Eastern Conference Finals, marking their first NBA Finals appearance since 1999, significantly enhancing the team's brand value and market visibility.
  • Stock Surge: Following the Knicks' advancement, Madison Square Garden Sports Corp. (MSGS) saw its stock rise 3% on Tuesday, reaching an all-time high of $361.50 per share, reflecting investor optimism regarding the potential financial windfall from the playoffs.
  • Optimistic Financial Outlook: Analysts anticipate that the Knicks' deep postseason run will drive substantial increases in ticket sales, merchandise revenue, and television broadcast licensing, further strengthening the company's financial performance and competitive position in the market.
  • Spin-off Plans: MSG Sports is considering a tax-free spinoff of the Knicks and New York Rangers into standalone entities, with analysts suggesting that this strategic move could provide the company with greater flexibility and growth opportunities in an increasingly competitive sports market.
Newsfilter
7.5
05-08Newsfilter
MSG Partners with Kalshi, Renaming Sixth-Floor Concourse
  • Partnership Announcement: Kalshi has entered into a multi-year partnership with Madison Square Garden Entertainment, becoming its official prediction market partner, marking a significant milestone in Kalshi's history.
  • Brand Visibility: As part of the partnership, the sixth-floor concourse at MSG will be renamed the Kalshi Concourse, expected to attract millions of visitors annually, thereby enhancing Kalshi's brand recognition in the market.
  • Interactive Engagement: Kalshi will create interactive digital activations within the concourse to deepen audience engagement with the brand, while enhancing customer experience through multiple touchpoints, including digital boards and LED signage.
  • Cultural Significance: Since its opening in 1879, Madison Square Garden has been a cultural hub in New York, and this partnership will further solidify Kalshi's status as a significant institution in the city.
NASDAQ.COM
2.0
05-07NASDAQ.COM
MSGE Q3 2026 Earnings Transcript
Wall Street analysts forecast MSGE stock price to rise
7 Analyst Rating
Wall Street analysts forecast MSGE stock price to rise
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
47.00
Averages
59.17
High
64.00
Current: 0.000
sliders
Low
47.00
Averages
59.17
High
64.00
Susquehanna
Positive
upgrade
$77 -> $80
AI Analysis
2026-05-28
Reason
Susquehanna
Price Target
$77 -> $80
AI Analysis
2026-05-28
upgrade
Positive
Reason
Susquehanna raised the firm's price target on MSG Entertainment to $80 from $77 and keeps a Positive rating on the shares. The firm said they view the company as a lower-vol live-events play with significant visibility and no weather risk on what is/has been a strong concert outlook
Morgan Stanley
Equal Weight
maintain
$67 -> $70
2026-05-08
Reason
Morgan Stanley
Price Target
$67 -> $70
2026-05-08
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on MSG Entertainment to $70 from $67 and keeps an Equal Weight rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MSGE
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Valuation Metrics

The current forward P/E ratio for Madison Square Garden Entertainment Corp (MSGE.N) is 26.11, compared to its 5-year average forward P/E of 25.25. For a more detailed relative valuation and DCF analysis to assess Madison Square Garden Entertainment Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
25.25
Current PE
26.11
Overvalued PE
29.98
Undervalued PE
20.52

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
15.11
Current EV/EBITDA
17.73
Overvalued EV/EBITDA
19.11
Undervalued EV/EBITDA
11.12

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.98
Current PS
3.15
Overvalued PS
2.35
Undervalued PS
1.61

Financials

AI Analysis
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Quarterly

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Whales Holding MSGE

S
Systematic Financial Management LP
Holding
MSGE
+23.12%
3M Return
D
Dolan Family Trust
Holding
MSGE
+22.65%
3M Return
C
Channing Capital Management, LLC
Holding
MSGE
+17.67%
3M Return
J
Jericho Capital Asset Management L.P.
Holding
MSGE
+13.53%
3M Return
A
Ariel Investments, LLC
Holding
MSGE
+8.40%
3M Return

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Frequently Asked Questions

What is Madison Square Garden Entertainment Corp (MSGE) stock price today?

The current price of MSGE is 73.43 USD — it has increased 0.59

What is Madison Square Garden Entertainment Corp (MSGE)'s business?

Madison Square Garden Entertainment Corp. is a live entertainment company. The Company's portfolio includes a collection of venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a range of sporting events, concerts, family shows, and special events. In addition, the Company features the original production, the Christmas Spectacular Starring the Radio City Rockettes. In addition, the Company hosts two of the franchises in professional sports - the National Basketball Association’s Knicks and the National Hockey League’s Rangers. The Company also promotes, produces and/or presents a range of live sporting events, including professional boxing, college basketball, college hockey, professional bull riding, mixed martial arts, esports and wrestling. It conducts a significant portion of its operations at venues that it either owns or operates under long-term leases.

What is the price predicton of MSGE Stock?

Wall Street analysts forecast MSGE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MSGE is59.17 USD with a low forecast of 47.00 USD and a high forecast of 64.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Madison Square Garden Entertainment Corp (MSGE)'s revenue for the last quarter?

Madison Square Garden Entertainment Corp revenue for the last quarter amounts to 246.26M USD, increased 1.57

What is Madison Square Garden Entertainment Corp (MSGE)'s earnings per share (EPS) for the last quarter?

Madison Square Garden Entertainment Corp. EPS for the last quarter amounts to 0.11 USD, decreased -35.29

How many employees does Madison Square Garden Entertainment Corp (MSGE). have?

Madison Square Garden Entertainment Corp (MSGE) has 1200 emplpoyees as of June 21 2026.

What is Madison Square Garden Entertainment Corp (MSGE) market cap?

Today MSGE has the market capitalization of 3.47B USD.