Streetbeat News

MSGE

Madison Square Garden Entertainment Corp.

https://www.msgentertainment.com

Industry

Entertainment

Madison Square Garden Entertainment Corp. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball and hockey, professional bull riding, mixed martial arts, and esports and wrestling in its venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City; and The Chicago Theatre. The company also operates 70 entertainment dining and nightlife venues spanning 20 markets across five continents under the Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its Christmas Spectacular at Radio City Music Hall. The company was founded in 2006 and is based in New York, New York.

Open

35.91

Mkt cap

1.8B

Volume

509K

High

36.86

P/E Ratio

10.19

52-wk high

44.14

Low

35.55

Div yield

N/A

52-wk low

29.71

Madison Square Garden Entertainment Corp. (MSGE) held its Q1 2025 earnings call on November 8, 2024. Key participants included Ari Danes, Mike Grau, and analysts from major financial institutions.

Portfolio Pulse from

November 09, 2024 | 8:15 pm

Madison Square Garden Entertainment (MSGE) reported a Q1 loss of $0.40 per share, which was better than the Zacks Consensus Estimate of a $0.78 loss. This is an improvement from the $0.73 loss per share reported a year ago.

Portfolio Pulse from

November 08, 2024 | 2:45 pm

Madison Square Garden Inc. (NYSE:MSGE) is trading at $41.51, with a 0.27% increase in the current session. Over the past month, MSGE stock rose by 3.72% and by 27.49% over the past year. The company's P/E ratio is lower than the Entertainment industry's average, suggesting potential undervaluation or low future growth expectations.

Portfolio Pulse from Benzinga Insights

October 04, 2024 | 4:15 pm

Benzinga's Stock Whisper Index highlights five stocks gaining interest: Mohawk Industries, Banner Bank, Madison Square Garden Entertainment, Schlumberger, and Tompkins Financial. These stocks are being monitored due to factors like interest rate cuts, upcoming earnings reports, and geopolitical tensions.

Portfolio Pulse from Chris Katje

October 04, 2024 | 3:14 pm

The MSG Family of Companies, including MSG Entertainment, MSG Sports, and Sphere Entertainment, has expanded its partnership with Verizon, making Verizon the Official Mobile Wireless Partner. This partnership includes exclusive access to live events and the creation of Verizon-branded hospitality spaces at Madison Square Garden.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 1:04 pm

Insider trades reveal significant purchases in American Public Education, Comstock Resources, and Madison Square Garden Entertainment. These trades suggest confidence in the companies' prospects despite recent challenges.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 1:33 pm

Macquarie analyst Paul Golding maintains an Outperform rating on Madison Square Garden (NYSE:MSGE) and raises the price target from $46 to $47.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 2:47 pm

Morgan Stanley analyst Benjamin Swinburne maintains an Equal-Weight rating on Madison Square Garden (NYSE:MSGE) and raises the price target from $42 to $45.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 5:01 pm

B of A Securities has maintained a Buy rating on Madison Square Garden (NYSE:MSGE) and raised its price target from $43 to $48, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 4:38 pm

Madison Square Garden Entertainment Corp (NYSE:MSGE) reported a 26% year-on-year revenue increase to $186.1 million for its fiscal fourth quarter, beating analyst estimates. Despite an adjusted EPS loss of $(0.53), the company saw significant growth in event-related and merchandise revenues. MSGE stock gained 9.60% premarket following the announcement.

Portfolio Pulse from Anusuya Lahiri

August 16, 2024 | 12:38 pm

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