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Madison Square Garden Entertainment Corp. MSGE
Communication Services - Entertainment - NYSE - US
Watchlist
$ 29.51
-0.606 %
$ 1.41 B
Market Cap
11.26
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MSGE stock under the worst case scenario is HIDDEN Compared to the current market price of 29.5 USD, Madison Square Garden Entertainment Corp. is HIDDEN

MSGE Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MSGE stock under the base case scenario is HIDDEN Compared to the current market price of 29.5 USD, Madison Square Garden Entertainment Corp. is HIDDEN

MSGE Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MSGE stock under the best case scenario is HIDDEN Compared to the current market price of 29.5 USD, Madison Square Garden Entertainment Corp. is HIDDEN

MSGE Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart MSGE

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1M -6%
6M -43%
1Y -33%
3Y -174%
5Y -158%
All
$44.0$44.0$42.0$42.0$40.0$40.0$38.0$38.0$36.0$36.0$34.0$34.0$32.0$32.0$30.0$30.0$28.0$28.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
959 M REVENUE
12.66%
Growth Rates
1Year 12.66%
3Years 127.18%
5Years -1.77%
7Years 4.37%
10Years 0.00%
112 M OPERATING INCOME
6.60%
Growth Rates
1Year 6.60%
3Years 35.21%
5Years 34.82%
7Years 17.74%
10Years 0.00%
144 M NET INCOME
89.76%
Growth Rates
1Year 89.76%
3Years 38.52%
5Years 46.67%
7Years 18.50%
10Years 0.00%
111 M OPERATING CASH FLOW
-18.00%
Growth Rates
1Year -18.00%
3Years 40.12%
5Years 3.94%
7Years 2.08%
10Years 0.00%
-62.4 M INVESTING CASH FLOW
-205.81%
Growth Rates
1Year -205.81%
3Years -82.04%
5Years 22.84%
7Years 18.45%
10Years 0.00%
-99.7 M FINANCING CASH FLOW
30.87%
Growth Rates
1Year 30.87%
3Years -6.58%
5Years -63.16%
7Years -14.51%
10Years 0.00%
407 M REVENUE
203.92%
Growth Rates
1Year 12.66%
3Years 127.18%
5Years -1.77%
7Years 4.37%
10Years 0.00%
139 M OPERATING INCOME
852.09%
Growth Rates
1Year 6.60%
3Years 35.21%
5Years 34.82%
7Years 17.74%
10Years 0.00%
75.9 M NET INCOME
492.80%
Growth Rates
1Year 89.76%
3Years 38.52%
5Years 46.67%
7Years 18.50%
10Years 0.00%
113 M OPERATING CASH FLOW
512.51%
Growth Rates
1Year -18.00%
3Years 40.12%
5Years 3.94%
7Years 2.08%
10Years 0.00%
-9.59 M INVESTING CASH FLOW
-43.38%
Growth Rates
1Year -205.81%
3Years -82.04%
5Years 22.84%
7Years 18.45%
10Years 0.00%
-85.7 M FINANCING CASH FLOW
-224.79%
Growth Rates
1Year 30.87%
3Years -6.58%
5Years -63.16%
7Years -14.51%
10Years 0.00%
Balance Sheet Madison Square Garden Entertainment Corp.
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Current Assets 219 M
Cash & Short-Term Investments 33.3 M
Receivables 103 M
Other Current Assets 83.3 M
Non-Current Assets 1.33 B
Long-Term Investments 6.32 M
PP&E 1.02 B
Other Non-Current Assets 305 M
6.61 %5.36 %65.83 %19.65 %Total Assets$1.6b
Current Liabilities 506 M
Accounts Payable 26.6 M
Short-Term Debt 44 M
Other Current Liabilities 435 M
Non-Current Liabilities 1.07 B
Long-Term Debt 1.03 B
Other Non-Current Liabilities 43.8 M
2.79 %27.62 %65.12 %2.78 %Total Liabilities$1.6b
EFFICIENCY
Earnings Waterfall Madison Square Garden Entertainment Corp.
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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
1b1b900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00959m(623m)337m(207m)112m32m144mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
35.08% GROSS MARGIN
35.08%
Averages
1Year 35.08%
3Years 37.38%
5Years 25.88%
7Years 28.75%
10Years 0.00%
11.67% OPERATING MARGIN
11.67%
Averages
1Year 11.67%
3Years 4.69%
5Years -47.49%
7Years -34.99%
10Years 0.00%
15.04% NET MARGIN
15.04%
Averages
1Year 15.04%
3Years -2.33%
5Years -49.14%
7Years -35.24%
10Years 0.00%
-622.92% ROE
-622.92%
Averages
1Year -622.92%
3Years 4339.36%
5Years 2595.98%
7Years 1854.21%
10Years 0.00%
9.29% ROA
9.29%
Averages
1Year 9.29%
3Years 0.49%
5Years -1.37%
7Years -1.02%
10Years 0.00%
28.32% ROIC
28.32%
Averages
1Year 28.32%
3Years 11.08%
5Years 3.82%
7Years 2.51%
10Years 0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Madison Square Garden Entertainment Corp.
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150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)2018201820192019202020202021202120222022202320232024202420252025
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
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Madison Square Garden Entertainment Corp.
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Wall Street analysts predict an average 1-year price target for MSGE of $45.2 , with forecasts ranging from a low of $42 to a high of $48 .
MSGE Lowest Price Target Wall Street Target
42 USD 42.32%
MSGE Average Price Target Wall Street Target
45.2 USD 53.34%
MSGE Highest Price Target Wall Street Target
48 USD 62.66%
Price
Max Price Target
Min Price Target
Average Price Target
48484646444442424040383836363434323230302828May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 5
6. Ownership
Insider Ownership Madison Square Garden Entertainment Corp.
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Sold
0-3 MONTHS
2.27 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
255 K USD 1
9-12 MONTHS
0 USD 0
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
7. News
3 Public Companies Dominating the Sports Industry With the Super Bowl officially wrapped up, and the Eagles taking the mantle away from the Chiefs in an epic showdown (beat down, whatever you want to call it), many investors are turning their attention to the business of sports. 247wallst.com - 1 month ago
DIS vs. MSGE: Which Stock Should Value Investors Buy Now? Investors with an interest in Media Conglomerates stocks have likely encountered both Walt Disney (DIS) and Madison Square Garden Entertainment (MSGE). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 2 months ago
Madison Square Garden Entertainment: Tactical Move To Side-Step The Visible Near-Term Weakness (Downgrade) I am downgrading Madison Square Garden Entertainment from buy to hold due to visible near-term weakness in concert bookings and uncertainty in replacing the Billy Joel residency. Despite strong consumer demand for premium live entertainment, 2H25 bookings are weak, and 1Q26 trends, though better, remain uncertain. MSGE's revenue from sponsorships and premium hospitality is growing, but this won't offset the decline in high-margin event-related revenue. seekingalpha.com - 2 months ago
Madison Square Garden Entertainment Corp. (MSGE) Q2 2025 Earnings Call Transcript Madison Square Garden Entertainment Corp. (NYSE:MSGE ) Q2 2025 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Ari Danes - Senior Vice President, Investor Relations & Treasury Lee Weinberg - Interim Chief Financial Officer & Senior Vice President, Business & Financial Operations Conference Call Participants Peter Henderson - Bank of America Stephen Laszczyk - Goldman Sachs David Karnovsky - JPMorgan Cameron Mansson-Perrone - Morgan Stanley Peter Supino - Wolfe Research David Joyce - Seaport Research Operator Good morning. Thank you for standing by and welcome to the Madison Square Garden Entertainment Corp. Fiscal 2025 Second Quarter Earnings Conference Call. seekingalpha.com - 2 months ago
Madison Square Garden Entertainment (MSGE) Misses Q2 Earnings Estimates Madison Square Garden Entertainment (MSGE) came out with quarterly earnings of $1.56 per share, missing the Zacks Consensus Estimate of $2.16 per share. This compares to earnings of $2.59 per share a year ago. zacks.com - 2 months ago
MADISON SQUARE GARDEN ENTERTAINMENT CORP. REPORTS FISCAL 2025 SECOND QUARTER RESULTS Christmas Spectacular Production Delivers Another Year of Record-Setting Revenues Approximately 1.1 Million Tickets Sold During 91st Holiday Season $25 Million in MSGE Class A Shares Repurchased During Fiscal 2025 Second Quarter NEW YORK , Feb. 6, 2025 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment" or the "Company") today reported financial results for the fiscal second quarter ended December 31, 2024. The fiscal 2025 second quarter was highlighted by another record-setting run for the Christmas Spectacular. prnewswire.com - 2 months ago
Madison Square Garden Entertainment Corp. to Host Fiscal 2025 Second Quarter Conference Call NEW YORK , Jan. 31, 2025 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2024 on Thursday, February 6, 2025 at 10:00 a.m. Eastern Time. prnewswire.com - 2 months ago
WATERLOO SPARKLING WATER NAMED AN OFFICIAL PARTNER OF THE NEW YORK RANGERS AND MADISON SQUARE GARDEN Waterloo Sparkling Water to be Available at Concession Stands Throughout MSG,  Including at a New Dedicated Concession Stand,  Providing Fans with Even More Beverage Options at The World's Most Famous Arena NEW YORK , Jan. 14, 2025 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) ("MSG Sports") and Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") announced today a partnership with Waterloo Sparkling Water, naming the brand known for its authentic flavors and lively carbonation an official partner of the New York Rangers and Madison Square Garden. With this new partnership, fans can now enjoy refreshing Waterloo Sparkling Water products at concession stands throughout Madison Square Garden, including at a brand-new Waterloo dedicated concession stand on The Garden's sixth floor Infosys Level concourse. prnewswire.com - 2 months ago
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 - 4 months 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 - 4 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 - 5 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 - 5 months ago
8. Profile Summary

Madison Square Garden Entertainment Corp. MSGE

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COUNTRY US
INDUSTRY Entertainment
MARKET CAP $ 1.41 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. 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. Lee Weinberg Interim Chief Financial Officer Mr. Philip Gerard D'Ambrosio Executive Vice President & Treasurer Mr. Layth Taki Senior Vice President, Controller & Principal Accounting Officer Mr. James Lawrence Dolan Executive Chairman & Chief Executive Officer