Communication Services -
Entertainment - NYSE - US
$ 35.96
1.35 %
$ 1.74 B
Market Cap
10.07
P/E
1. INTRINSIC VALUE
Balance Sheet
Madison Square Garden Entertainment Corp.
| Current Assets | 219 M |
| Cash & Short-Term Investments | 33.6 M |
| Receivables | 103 M |
| Other Current Assets | 83 M |
| Non-Current Assets | 1.33 B |
| Long-Term Investments | 6.32 M |
| PP&E | 1.02 B |
| Other Non-Current Assets | 305 M |
| Current Liabilities | 506 M |
| Accounts Payable | 26.6 M |
| Short-Term Debt | 71.7 M |
| Other Current Liabilities | 408 M |
| Non-Current Liabilities | 1.07 B |
| Long-Term Debt | 1.03 B |
| Other Non-Current Liabilities | 43.8 M |
EFFICIENCY
Earnings Waterfall
Madison Square Garden Entertainment Corp.
| Revenue | 959 M |
| Cost Of Revenue | 623 M |
| Gross Profit | 337 M |
| Operating Expenses | 207 M |
| Operating Income | 112 M |
| Other Expenses | -32.4 M |
| Net Income | 144 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Madison Square Garden Entertainment Corp.
| Net Income | 144 M |
| Depreciation & Amortization | 53.9 M |
| Capital Expenditures | -24.2 M |
| Stock-Based Compensation | 31.2 M |
| Change in Working Capital | -31.5 M |
| Others | 43.8 M |
| Free Cash Flow | 87.1 M |
Wall Street Analysts Price Targets
Madison Square Garden Entertainment Corp.
Wall Street analysts predict an average 1-year price target for MSGE of $45 , with forecasts ranging from
a
low of
$42 to a high of $48 .
MSGE Lowest Price Target
Wall Street Target
42 USD
16.80%
MSGE Average Price Target
Wall Street Target
45 USD
25.14%
MSGE Highest Price Target
Wall Street Target
48 USD
33.48%
4. DIVIDEND
ANALYSIS
MSGE does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Madison Square Garden Entertainment Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
255 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
3.81 M USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
3 months ago
Sep 30, 2024
|
Sell 255 K
USD
|
D'Ambrosio Philip Gerard
EVP and Treasurer
|
- 6000
|
42.43 USD |
|
10 months ago
Feb 28, 2024
|
Sell 272 K
USD
|
DOLAN JAMES LAWRENCE
director, officer, other: Executive Chairman / CEO
|
- 7349
|
37.0562 USD |
|
10 months ago
Feb 28, 2024
|
Sell 813 K
USD
|
DOLAN JAMES LAWRENCE
director, officer, other: Executive Chairman / CEO
|
- 21447
|
37.9278 USD |
|
10 months ago
Feb 26, 2024
|
Sell 906 K
USD
|
DOLAN JAMES LAWRENCE
director, officer, other: Executive Chairman / CEO
|
- 24284
|
37.306 USD |
|
10 months ago
Feb 27, 2024
|
Sell 1.45 M
USD
|
DOLAN JAMES LAWRENCE
director, officer, other: Executive Chairman / CEO
|
- 39303
|
36.95 USD |
|
11 months ago
Feb 16, 2024
|
Sell 22.7 K
USD
|
D'Ambrosio Philip Gerard
EVP and Treasurer
|
- 600
|
37.81 USD |
|
11 months ago
Feb 16, 2024
|
Sell 151 K
USD
|
D'Ambrosio Philip Gerard
EVP and Treasurer
|
- 4000
|
37.83 USD |
|
11 months ago
Feb 16, 2024
|
Sell 95 K
USD
|
D'Ambrosio Philip Gerard
EVP and Treasurer
|
- 2500
|
38.01 USD |
|
10 months ago
Feb 20, 2024
|
Sell 21.8 K
USD
|
D'Ambrosio Philip Gerard
EVP and Treasurer
|
- 578
|
37.75 USD |
|
10 months ago
Feb 20, 2024
|
Sell 37.7 K
USD
|
D'Ambrosio Philip Gerard
EVP and Treasurer
|
- 1000
|
37.71 USD |
|
10 months ago
Feb 20, 2024
|
Sell 7.44 K
USD
|
D'Ambrosio Philip Gerard
EVP and Treasurer
|
- 197
|
37.76 USD |
|
10 months ago
Feb 20, 2024
|
Sell 30.3 K
USD
|
D'Ambrosio Philip Gerard
EVP and Treasurer
|
- 803
|
37.74 USD |
|
1 year ago
Sep 22, 2023
|
Sell 257 M
USD
|
Sphere Entertainment Co.
10 percent owner
|
- 8221188
|
31.2 USD |
|
1 year ago
Jun 27, 2023
|
Sell 25 M
USD
|
Sphere Entertainment Co.
10 percent owner
|
- 840053
|
29.76 USD |
|
1 year ago
Jun 27, 2023
|
Sell 180 M
USD
|
Sphere Entertainment Co.
10 percent owner
|
- 6037500
|
29.76 USD |
|
1 year ago
Jun 27, 2023
|
Bought
10 M USD
|
DOLAN THOMAS CHARLES
director, other: Member of 13(d) Group
|
+ 322580
|
31 USD |
|
3 years ago
Jan 26, 2021
|
Sell 15.9 K
USD
|
Dolan Leinauer Corby
10 percent owner
|
- 164
|
97.12 USD |
|
2 years ago
Aug 02, 2022
|
Sell 952
USD
|
Dolan Leinauer Corby
10 percent owner
|
- 16
|
59.53 USD |
|
4 years ago
May 27, 2020
|
Sell 4.38 K
USD
|
Dolan Leinauer Corby
10 percent owner
|
- 60
|
73.02 USD |
|
1 year ago
Mar 09, 2023
|
Sell 54.4 K
USD
|
Thomas Isiah III
Director
|
- 931
|
58.48 USD |
|
2 years ago
Sep 22, 2022
|
Bought
29.5 K USD
|
D'Ambrosio Philip Gerard
SVP and Treasurer
|
+ 600
|
49.22 USD |
|
3 years ago
Sep 24, 2021
|
Sell 244 K
USD
|
Yospe Joseph F
SVP, Controller & PAO
|
- 3052
|
80.09 USD |
|
4 years ago
Dec 22, 2020
|
Sell 25.7 K
USD
|
D'Ambrosio Philip Gerard
SVP and Treasurer
|
- 300
|
85.67 USD |
|
4 years ago
Dec 22, 2020
|
Sell 51.9 K
USD
|
D'Ambrosio Philip Gerard
SVP and Treasurer
|
- 600
|
86.51 USD |
|
4 years ago
Dec 23, 2020
|
Sell 43.9 K
USD
|
D'Ambrosio Philip Gerard
SVP and Treasurer
|
- 500
|
87.75 USD |
|
4 years ago
Nov 23, 2020
|
Sell 31.7 K
USD
|
D'Ambrosio Philip Gerard
SVP, Treasurer and Secretary
|
- 400
|
79.28 USD |
|
4 years ago
Nov 23, 2020
|
Sell 31.7 K
USD
|
D'Ambrosio Philip Gerard
SVP, Treasurer and Secretary
|
- 400
|
79.28 USD |
|
4 years ago
Nov 24, 2020
|
Sell 48.7 K
USD
|
D'Ambrosio Philip Gerard
SVP, Treasurer and Secretary
|
- 600
|
81.18 USD |
|
4 years ago
Nov 24, 2020
|
Sell 48.7 K
USD
|
D'Ambrosio Philip Gerard
SVP, Treasurer and Secretary
|
- 600
|
81.18 USD |
|
4 years ago
May 20, 2020
|
Sell 128 K
USD
|
Yospe Joseph F
SVP, Controller & PAO
|
- 1702
|
75.27 USD |
|
4 years ago
May 20, 2020
|
Sell 264 K
USD
|
Yospe Joseph F
SVP, Controller & PAO
|
- 3451
|
76.54 USD |
|
4 years ago
May 20, 2020
|
Sell 100 K
USD
|
Yospe Joseph F
SVP, Controller & PAO
|
- 1297
|
77.47 USD |
7. News
Madison Square Garden Entertainment Corp. Repurchases $25 Million of MSGE Class A Common Stock
NEW YORK , Dec. 3, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the "Company" or "MSG Entertainment") today announced that the Company repurchased 681,593 shares of MSGE Class A common stock at an average price of $36.68 per share for an aggregate purchase price of approximately $25 million from November 20, 2024 through December 2, 2024. The share repurchases were funded using cash on hand.
prnewswire.com
- 1 month ago
Madison Square Garden Entertainment: Medium-Term Outlook Remains Positive
Despite near-term demand challenges, I remain confident in MSGE's medium-term demand outlook, supported by strong leading indicators and positive underlying demand. MSGE's latest earnings showed a slight revenue decline but beat expectations on adjusted operating income due to a better cost structure. Positive indicators include sold-out concerts, strong demand for premium suites, and potential growth in non-concert events like UFC and the Tony Awards.
seekingalpha.com
- 2 months ago
Madison Square Garden Entertainment Corp. (MSGE) Q1 2025 Earnings Call Transcript
Madison Square Garden Entertainment Corp. (NYSE:MSGE ) Q1 2025 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasury Mike Grau - Executive Vice President & Chief Financial Officer Conference Call Participants Peter Henderson - Bank of America Stephen Laszczyk - Goldman Sachs Brandon Ross - LightShed Partners Peter Supino - Wolfe Research Cameron Mansson-Perrone - Morgan Stanley David Joyce - Seaport Research Operator Good morning. Thank you for standing by and welcome to the Madison Square Garden Entertainment Corp, Fiscal 2025 First Quarter Earnings Conference Call.
seekingalpha.com
- 2 months ago
Madison Square Garden Entertainment (MSGE) Reports Q1 Loss, Lags Revenue Estimates
Madison Square Garden Entertainment (MSGE) came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.78. This compares to loss of $0.73 per share a year ago.
zacks.com
- 2 months ago
MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2025 FIRST QUARTER RESULTS
NEW YORK , Nov. 8, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal first quarter ended September 30, 2024. Since the start of fiscal 2025, the Madison Square Garden Arena ("The Garden") has hosted a record number of concerts for a fiscal first quarter and, last month, welcomed back the New York Knicks ("Knicks") and the New York Rangers ("Rangers") for the start of their 2024-25 regular seasons at The Garden.
prnewswire.com
- 2 months ago
Madison Square Garden Entertainment Corp. to Host Fiscal 2025 First Quarter Conference Call
NEW YORK , Nov. 4, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2024 on Friday, November 8, 2024 at 8:30 a.m. Eastern Time.
prnewswire.com
- 2 months ago
DJT stock price: Truth Social shares are still surging days after controversial Trump rally at Madison Square Garden
Shares of Trump Media & Technology Group Corp. (Nasdaq: DJT) are surging for the second day in a row after the former president's highly controversial rally at New York's Madison Square Garden on Sunday.
fastcompany.com
- 2 months ago
Trump's Madison Square Garden Rally was Historic, says Former Amb. McMullen
Former US Ambassador to Switzerland Ed McMullen discusses former President Donald Trump's rally at Madison Square Garden, addressing incendiary rhetoric used by speakers at the event as well as Donald Trump's economic plan on "Bloomberg Surveillance." -------- More on Bloomberg Television and Markets Like this video?
youtube.com
- 2 months ago
Trump at Madison Square Garden: Rally or reckoning?
Donald Trump's decision to hold a rally at Madison Square Garden, in the heart of Manhattan, nine days before US voters go to the polls has been compared to the 1939 pro-Nazi German American Bund. Is this a fair comparison?
news.sky.com
- 2 months ago
‘DJT' stock climbs again after Trump's Madison Square Garden rally
Shares of Trump Media & Technology Group are up 7% in premarket trades.
marketwatch.com
- 2 months ago
Was Trump's Madison Square Garden rally an evocation of Nazism?
An evocation of Nazism? Of course it was, and of course it wasn't.
news.sky.com
- 2 months ago
Are You Looking for a Top Momentum Pick? Why Madison Square Garden Entertainment (MSGE) is a Great Choice
Does Madison Square Garden Entertainment (MSGE) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
- 3 months ago
8. Profile
Summary
Madison Square Garden Entertainment Corp. MSGE
COUNTRY
US
INDUSTRY
Entertainment
MARKET CAP
$ 1.74 B
Dividend Yield
0.00%
Description
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.
Contact
Two Pennsylvania Plaza, New York, NY, 10121
https://www.msgentertainment.com
IPO
Date
May 2, 2023
Employees
1200
Officers
Mr. Layth Taki
Senior Vice President, Controller & Principal Accounting Officer
Mr. Philip Gerard D'Ambrosio
Executive Vice President & Treasurer
Mr. Lee Weinberg
Interim Chief Financial Officer
Mr. Mark C. Cresitello
Secretary
Ms. Laura Franco
Executive Vice President, Chief Legal Officer & General Counsel
Mr. Ari Danes C.F.A.
Senior Vice President of Investor Relations, Financial Communications & Treasury
Mr. James Lawrence Dolan
Executive Chairman & Chief Executive Officer