Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
MSGE 
Madison Square Garden Entertainment Corp (MSGE)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
06/30/2025: MSGE (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
9 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $44.44
1 Year Target Price $44.44
| 6 | Strong Buy |
| 1 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 17.28% | Avg. Invested days 58 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.92B USD | Price to earnings Ratio 14.89 | 1Y Target Price 44.44 |
Price to earnings Ratio 14.89 | 1Y Target Price 44.44 | ||
Volume (30-day avg) 9 | Beta 0.4 | 52 Weeks Range 28.29 - 44.14 | Updated Date 06/30/2025 |
52 Weeks Range 28.29 - 44.14 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 2.72 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 13.5% | Operating Margin (TTM) 14.95% |
Management Effectiveness
Return on Assets (TTM) 5.79% | Return on Equity (TTM) 4.67% |
Valuation
Trailing PE 14.89 | Forward PE 19.84 | Enterprise Value 3037760249 | Price to Sales(TTM) 1.97 |
Enterprise Value 3037760249 | Price to Sales(TTM) 1.97 | ||
Enterprise Value to Revenue 3.12 | Enterprise Value to EBITDA 15.86 | Shares Outstanding 40593100 | Shares Floating 36618603 |
Shares Outstanding 40593100 | Shares Floating 36618603 | ||
Percent Insiders 3.32 | Percent Institutions 99.31 |
Analyst Ratings
Rating 3 | Target Price 44.44 | Buy 1 | Strong Buy 6 |
Buy 1 | Strong Buy 6 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Madison Square Garden Entertainment Corp
Company Overview
History and Background
Madison Square Garden Entertainment Corp (MSGE) was formed as a spin-off from Madison Square Garden Company in April 2020. Its history is rooted in the operations of iconic venues and live entertainment businesses previously under the Madison Square Garden Company umbrella. The spin-off was intended to separate the live entertainment and sports businesses from the sports teams segment.
Core Business Areas
- Entertainment: This segment focuses on live entertainment productions, including concerts, family shows, and special events hosted at MSGE-owned venues and other locations. It includes booking, marketing, and operating these events.
- Venues: This segment operates the iconic Madison Square Garden, Radio City Music Hall, Beacon Theatre, and The Chicago Theatre, along with other smaller venues. Venue operations include event-related services, concessions, and premium seating.
- MSG Networks: Operates regional sports and entertainment networks, including MSG Network and MSG+, delivering live games of the New York Knicks and New York Rangers, and other sports and entertainment programming.
Leadership and Structure
The leadership team consists of key executives responsible for overseeing the various business segments. The organizational structure is designed to manage and coordinate entertainment productions, venue operations, and media networks.
Top Products and Market Share
Key Offerings
- Madison Square Garden Venue: The primary venue hosting a wide range of events, generating revenue through event bookings, ticket sales, concessions, and sponsorships. Market share is difficult to determine precisely but it is a leading venue in New York City. Competitors include Barclays Center, Prudential Center, and MetLife Stadium. Revenue varies by event, sponsorship deals and advertising revenue and premium seating which varies by economic times.
- Radio City Music Hall: A historic venue known for its iconic architecture and performances, including the Rockettes. Revenue is generated through ticket sales and venue rentals. Competitors include Beacon Theatre, Carnegie Hall.
- MSG Networks: Regional sports networks broadcasting live games and related programming. Revenue is generated through subscriber fees and advertising sales. Competitors include YES Network, SNY.
Market Dynamics
Industry Overview
The live entertainment industry is characterized by high demand for concerts, sports events, and theatrical performances. It is subject to economic fluctuations, consumer preferences, and competitive pressures from other entertainment options.
Positioning
MSGE is positioned as a leading provider of live entertainment experiences in iconic venues. Its competitive advantages include its brand reputation, premium venue locations, and exclusive content offerings.
Total Addressable Market (TAM)
The global live music market is estimated at over $30 billion, and MSGE is positioned to capture a significant portion, particularly in major metropolitan areas like New York City and Chicago.
Upturn SWOT Analysis
Strengths
- Iconic venues
- Strong brand recognition
- Exclusive content rights
- Premium location in major markets
Weaknesses
- High operating costs
- Reliance on event attendance
- Sensitivity to economic downturns
- Significant debt load
Opportunities
- Expansion into new markets
- Development of new entertainment offerings
- Increased use of technology for event experiences
- Strategic partnerships
Threats
- Competition from other entertainment venues
- Changes in consumer preferences
- Economic recessions
- Impact of health crises on live events
Competitors and Market Share
Key Competitors
- LYV
- AEG
Competitive Landscape
MSGE competes with other live entertainment companies, venue operators, and media networks. Its advantages include its iconic venues and exclusive content, while its disadvantages include its high operating costs and debt levels.
Major Acquisitions
Boston Calling Events, LLC
- Year: 2014
- Acquisition Price (USD millions): 14.3
- Strategic Rationale: Expanded the company's portfolio of live entertainment events and festival production expertise.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been influenced by event attendance, media rights deals, and expansion efforts.
Future Projections: Future growth is projected to be driven by continued demand for live entertainment, strategic partnerships, and new venue developments.
Recent Initiatives: Recent initiatives include investments in venue upgrades, development of new entertainment offerings, and expansion into new markets.
Summary
Madison Square Garden Entertainment Corp. has iconic venues and a strong brand, but struggles with profitability and has a high debt load. Growth potential exists through new ventures and technological upgrades, though economic conditions and competitive pressure remain significant challenges. Future projections rely on consumer demand for live entertainment and new partnerships. MSGE needs to improve its financial efficiency and manage external risks effectively.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (SEC)
- Market research reports
- Industry news sources
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Financial data is subject to change. Market share data is estimated.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Madison Square Garden Entertainment Corp
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2020-04-09 | Executive Chairman & CEO Mr. James Lawrence Dolan | ||
Sector Consumer Cyclical | Industry Leisure | Full time employees 1200 | Website https://www.msgentertainment.com |
Full time employees 1200 | Website https://www.msgentertainment.com | ||
Madison Square Garden Entertainment Corp., through its subsidiaries, engages in live entertainment business. The company produces, presents, and hosts live entertainment events, including concerts, sporting events, family shows, family shows, performing arts events, and special events. It operates a collection of venues, including Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, the Beacon Theatre, and The Chicago Theatre; owns and produces the original production, the Christmas Spectacular Starring the Radio City Rockettes; and engages in the entertainment and sports bookings business, which showcases a range of concerts, family shows, and special events, as well as various sporting events. The company was formerly known as MSGE Spinco, Inc. Madison Square Garden Entertainment Corp. was incorporated in 2022 and is based in New York, New York.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.