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MSGE

Madison Square Garden Entertainment Corp.

MSGE

NYSE·Communication Services·Entertainment·Mkt cap $3.6B

$77.09

+0.06%

P/E

-453.47

Mkt Cap

$3.6B

52-Wk Range

$40.11–$90.41

52-Week Range

$40.11 - $90.41

P/E

-453.47

Fwd P/E

32.03

Beta

0.57

Div Yield

0.00%

Avg Vol

447.3K

Shares Out

47.3M

Mkt Cap

$3.6B

Price action

Price chart

Up 90.7% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Iconic venue portfolio with unmatched locations in major markets (NYC, Chicago)
  • Diversified entertainment offerings reducing dependence on single event categories
  • Global hospitality brand ecosystem generating recurring dining and nightlife revenue
  • Exclusive entertainment properties (Radio City Rockettes, Christmas Spectacular)
  • Strong brand recognition and customer loyalty across multiple demographics

Bear Case

2 risks

  • Low volatility (beta 0.6).
  • Significant premium - growth priced in

Growth

Turning profitable

Post-pandemic recovery in live events and venue attendance

Value

Significant premium - growth priced in

Momentum

Strong

+6.9% over 3m

Quality

Strong

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 5, 2026

Q3 26 RECAP

AUG 12, 2026

Reported EPS of -$0.21 vs -$0.44 consensus (+52.3% surprise). Revenue of $196.3M vs $166.6M expected (+17.8%). Beat on both top and bottom lines.

EPS beat +52.3%
Rev beat +17.8%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+52.3%

Revenue trend · last 8Q

+1%

+6%

-17%

+14%

+13%

+103%

Q4 24

Q1 24

Q2 24

Q3 25

Q4 25

Q1 25

Q2 25

Q4 26

$186.1M

$138.7M

$407.4M

$242.5M

$154.1M

$158.3M

$459.9M

$313.6M

Margins · last 8Q

Gross

51.8%

Operating

-19.5%

Profit

-12.4%

Wall Street consensus

7 analysts · 57% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

4

57%

Hold

3

43%

Sell

0%

Median Price Target

Latest: Piper Sandler · Aug 20, 2026

vs Industry

How MSGE stacks vs Entertainment

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.