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MSGE

Madison Square Garden Entertainment Corp.

MSGE

NYSE·Communication Services·Entertainment·Mkt cap $3.8B

$78.74

-0.93%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$35.31 - $82.79

P/E

72.91

Fwd P/E

33.81

Beta

0.62

Div Yield

0.00%

Avg Vol

456.2K

Shares Out

47.3M

Mkt Cap

$3.8B

Price action

Price chart

Up 100.3% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

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

Stable outlook

Post-pandemic recovery in live events and venue attendance

Value

Significant premium - growth priced in

Momentum

Hot

+31.7% over 3m

Quality

Strong

Excellent business quality

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: May 4, 2026

Q2 26 RECAP

MAY 7, 2026

Reported EPS of $0.25 vs $0.14 consensus (+78.6% surprise). Revenue of $246.3M vs $243.0M expected (+1.4%). Beat on both top and bottom lines.

EPS beat +78.6%
Rev beat +1.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+78.6%

Next: May 4, 2026

Revenue trend · last 8Q

+1%

+6%

-17%

+14%

+13%

Q3 24

Q4 24

Q1 24

Q2 24

Q3 25

Q4 25

Q1 25

Q2 25

$228.3M

$186.1M

$138.7M

$407.4M

$242.5M

$154.1M

$158.3M

$459.9M

Margins · last 8Q

Gross

50.7%

Operating

35.9%

Profit

20.2%

Wall Street consensus

5 analysts · 60% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

60%

Hold

2

40%

Sell

0%

Median Price Target

$76.00

-3.5% vs $78.74

Low $70.00
Median $76.00
High $80.00

Latest: Seaport Global · Jun 29, 2026

3 analysts covering

vs Industry

How MSGE stacks vs Entertainment

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

Industry comparison data unavailable for this stock.