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Madison Square Garden Entertainment NYSE:MSGE Stock Report

Last Price

US$41.00

Market Cap

US$2.0b

7D

6.1%

1Y

29.7%

Updated

22 Aug, 2024

Data

Company Financials +

Madison Square Garden Entertainment Corp.

NYSE:MSGE Stock Report

Market Cap: US$2.0b

Madison Square Garden Entertainment Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Madison Square Garden Entertainment
Historical stock prices
Current Share PriceUS$41.00
52 Week HighUS$41.76
52 Week LowUS$27.55
Beta0
11 Month Change5.21%
3 Month Change15.40%
1 Year Change29.75%
33 Year Changen/a
5 Year Changen/a
Change since IPO28.13%

Recent News & Updates

Recent updates

Returns On Capital Are Showing Encouraging Signs At Madison Square Garden Entertainment (NYSE:MSGE)

Aug 05
Returns On Capital Are Showing Encouraging Signs At Madison Square Garden Entertainment (NYSE:MSGE)

Madison Square Garden Entertainment Corp. (NYSE:MSGE) Shares Could Be 38% Below Their Intrinsic Value Estimate

Jul 12
Madison Square Garden Entertainment Corp. (NYSE:MSGE) Shares Could Be 38% Below Their Intrinsic Value Estimate

Madison Square Garden Entertainment: Ride On The Rising Demand For Live Events

Jun 21

Madison Square Garden Entertainment Corp.'s (NYSE:MSGE) P/E Is On The Mark

May 10
Madison Square Garden Entertainment Corp.'s (NYSE:MSGE) P/E Is On The Mark

Here's Why We Think Madison Square Garden Entertainment (NYSE:MSGE) Is Well Worth Watching

Apr 16
Here's Why We Think Madison Square Garden Entertainment (NYSE:MSGE) Is Well Worth Watching

Madison Square Garden Entertainment: Strong Visibility Into FY24/25 Growth

Apr 09

Pinning Down Madison Square Garden Entertainment Corp.'s (NYSE:MSGE) P/S Is Difficult Right Now

Feb 09
Pinning Down Madison Square Garden Entertainment Corp.'s (NYSE:MSGE) P/S Is Difficult Right Now

Are Investors Undervaluing Madison Square Garden Entertainment Corp. (NYSE:MSGE) By 29%?

Jan 04
Are Investors Undervaluing Madison Square Garden Entertainment Corp. (NYSE:MSGE) By 29%?

Madison Square Garden Entertainment: Trophy Live Entertainment Infrastructure

Dec 22

Analyst Estimates: Here's What Brokers Think Of Madison Square Garden Entertainment Corp. (NYSE:MSGE) After Its First-Quarter Report

Nov 10
Analyst Estimates: Here's What Brokers Think Of Madison Square Garden Entertainment Corp. (NYSE:MSGE) After Its First-Quarter Report

Madison Square Garden Entertainment: Should Grow As Guided, And Experience Long-Term Secular Tailwinds

Oct 19

What Madison Square Garden Entertainment Corp.'s (NYSE:MSGE) P/S Is Not Telling You

Oct 18
What Madison Square Garden Entertainment Corp.'s (NYSE:MSGE) P/S Is Not Telling You

Is Madison Square Garden Entertainment Corp. (NYSE:MSGE) Trading At A 43% Discount?

Aug 16
Is Madison Square Garden Entertainment Corp. (NYSE:MSGE) Trading At A 43% Discount?

Madison Square Garden Entertainment: A Fairly Valued Pure Entertainment Play

Aug 09

McIntyre Partnerships - Madison Square Garden: Could Double In The Next Five Years

Jun 21

Shareholder Returns

MSGEUS EntertainmentUS Market
7D6.1%4.6%3.1%
1Y29.7%30.4%24.9%

Return vs Industry: MSGE matched the US Entertainment industry which returned 30.4% over the past year.

Return vs Market: MSGE exceeded the US Market which returned 24.9% over the past year.

Price Volatility

Is MSGE's price volatile compared to industry and market?
MSGE volatility
MSGE Average Weekly Movement3.8%
Entertainment Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: MSGE has not had significant price volatility in the past 3 months.

Volatility Over Time: MSGE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20223,950Jim Dolanwww.msgentertainment.com

Madison Square Garden Entertainment Corp., through its subsidiaries, engages in live entertainment business. The company produces, presents, and hosts live entertainment events, including concerts, sporting events, family shows, family shows, performing arts events, and special events. It operates a collection of venues, including Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, the Beacon Theatre, and The Chicago Theatre; owns and produces the original production, the Christmas Spectacular Starring the Radio City Rockettes; and engages in the entertainment and sports bookings business, which showcases a range of concerts, family shows, and special events, as well as various sporting events.

Madison Square Garden Entertainment Corp. Fundamentals Summary

How do Madison Square Garden Entertainment's earnings and revenue compare to its market cap?
MSGE fundamental statistics
Market capUS$1.97b
Earnings (TTM)US$144.30m
Revenue (TTM)US$959.27m

13.7x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MSGE income statement (TTM)
RevenueUS$959.27m
Cost of RevenueUS$547.05m
Gross ProfitUS$412.22m
Other ExpensesUS$267.92m
EarningsUS$144.30m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.00
Gross Margin42.97%
Net Profit Margin15.04%
Debt/Equity Ratio-2,657.0%

How did MSGE perform over the long term?

See historical performance and comparison