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MSGE Overview

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$
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
70.675
Open
69.370
VWAP
69.88
Vol
318.34K
Mkt Cap
3.34B
Low
68.426
Amount
22.25M
EV/EBITDA(TTM)
17.18
Total Shares
47.31M
EV
3.59B
EV/OCF(TTM)
10.53
P/S(TTM)
3.31
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.
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2026-05-07 (ET)
2026-05-07
06:50:00
Company Reports Q3 Revenue of $246.3M
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2026-04-08 (ET)
2026-04-08
10:10:00
Madison Square Garden Partners with Impossible Foods for New Collaboration
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2026-03-25 (ET)
2026-03-25
11:00:00
NBA Board Approves Exploration of Expansion Teams in Las Vegas and Seattle
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link

News

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
seekingalpha
9.5
05-07seekingalpha
Madison Square Garden Entertainment Reports Q3 Fiscal 2026 Earnings
  • Financial Performance: In Q3 of fiscal 2026, Madison Square Garden Entertainment reported revenues of $246.3 million, a 2% increase year-over-year, but adjusted operating income fell to $46 million, down $12 million from the previous year, primarily due to increased direct operating and SG&A expenses, indicating heightened cost pressures.
  • Audience Engagement: The company welcomed over 1.4 million guests across 165 events this quarter, reflecting strong demand for live entertainment, particularly with the upcoming 30-night residency of Harry Styles expected to further boost audience participation.
  • Future Outlook: Management anticipates a significant increase in concert numbers for Q4 of fiscal 2026, particularly with the Harry Styles residency and the upcoming Christmas Spectacular, demonstrating confidence in future revenue growth.
  • Cash Flow and Buybacks: As of March 31, the company had $323 million in unrestricted cash, up from $157 million at the end of last year, and has repurchased approximately 623,000 shares of Class A common stock, showcasing proactive capital management strategies.
seekingalpha
9.5
05-07seekingalpha
Madison Square Garden Entertainment Q3 Earnings Report
  • Earnings Performance: Madison Square Garden Entertainment reported a Q3 GAAP EPS of $0.11, missing expectations by $0.04, indicating pressure on profitability that may affect investor confidence.
  • Revenue Growth: The company achieved Q3 revenue of $246.3 million, a 1.6% year-over-year increase, surpassing market expectations by $3.35 million, demonstrating a degree of growth in a competitive market.
  • Stock Price Reaction: Following the earnings release, Madison Square Garden Entertainment's shares rose 3% in after-hours trading, reflecting investor optimism regarding revenue growth despite the earnings miss.
  • Market Outlook: With global recorded music revenue projected to hit $31.7 billion in 2025 due to surging paid streaming, this trend could provide new momentum for the company's future revenue growth, particularly in the entertainment and events sector.
seekingalpha
9.5
05-06seekingalpha
Madison Square Garden Entertainment to Announce Q3 Earnings on May 7
  • Earnings Announcement Schedule: Madison Square Garden Entertainment is set to announce its Q3 earnings on May 7 before market open, with a consensus EPS estimate of $0.18, reflecting a 5.9% year-over-year increase, indicating stable profitability.
  • Revenue Expectations: The revenue estimate for Q3 stands at $242.95 million, showing a modest 0.2% year-over-year growth, despite facing six downward revisions, suggesting a cautious market outlook on the company's revenue growth.
  • Estimate Revision Dynamics: Over the past three months, EPS estimates have seen no upward revisions and two downward adjustments, while revenue estimates also faced no upward revisions, indicating a lack of analyst confidence that could affect investor sentiment.
  • Market Environment Impact: Despite these downward adjustments, Madison Square Garden Entertainment remains a key player in the global music market, with global recorded music revenue projected to reach $31.7 billion by 2025, reflecting the overall growth potential of the industry.
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
New
Reason
Susquehanna
Price Target
$77 -> $80
AI Analysis
2026-05-28
New
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 24.69, compared to its 5-year average forward P/E of 25.24. 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
25.24
Current PE
24.69
Overvalued PE
30.01
Undervalued PE
20.46

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
15.07
Current EV/EBITDA
16.61
Overvalued EV/EBITDA
19.09
Undervalued EV/EBITDA
11.05

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
1.96
Current PS
2.99
Overvalued PS
2.30
Undervalued PS
1.62

Financials

AI Analysis
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Quarterly

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Whales Holding MSGE

J
Jericho Capital Asset Management L.P.
Holding
MSGE
+24.84%
3M Return
S
Systematic Financial Management LP
Holding
MSGE
+15.87%
3M Return
D
Dolan Family Trust
Holding
MSGE
+14.79%
3M Return
C
Channing Capital Management, LLC
Holding
MSGE
-2.28%
3M Return
A
Ariel Investments, LLC
Holding
MSGE
-3.53%
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 70.53 USD — it has increased 1.26

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 01 2026.

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

Today MSGE has the market capitalization of 3.34B USD.