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MSGE logo

Madison Square Garden Entertainment Corp (MSGE)

Upturn stock ratingUpturn stock rating
$36.33
Last Close (24-hour delay)
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PASS
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

08/14/2025: MSGE (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

9 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $45.38

1 Year Target Price $45.38

Analysts Price Target For last 52 week
$45.38 Target price
52w Low $28.29
Current$36.33
52w High $44.14

Analysis of Past Performance

Type Stock
Historic Profit 12.21%
Avg. Invested days 64
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.72B USD
Price to earnings Ratio 47.18
1Y Target Price 45.38
Price to earnings Ratio 47.18
1Y Target Price 45.38
Volume (30-day avg) 9
Beta 0.44
52 Weeks Range 28.29 - 44.14
Updated Date 08/15/2025
52 Weeks Range 28.29 - 44.14
Updated Date 08/15/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.77

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-08-13
When Before Market
Estimate -0.39
Actual -0.57

Profitability

Profit Margin 3.97%
Operating Margin (TTM) -15.05%

Management Effectiveness

Return on Assets (TTM) 5.11%
Return on Equity (TTM) 4.67%

Valuation

Trailing PE 47.18
Forward PE 19.53
Enterprise Value 2882032640
Price to Sales(TTM) 1.83
Enterprise Value 2882032640
Price to Sales(TTM) 1.83
Enterprise Value to Revenue 3.06
Enterprise Value to EBITDA 16.58
Shares Outstanding 40593100
Shares Floating 36618603
Shares Outstanding 40593100
Shares Floating 36618603
Percent Insiders 3.32
Percent Institutions 96.95

ai summary icon Upturn AI SWOT

Madison Square Garden Entertainment Corp

stock logo

Company Overview

overview logo History and Background

Madison Square Garden Entertainment Corp. (MSGE) was formed in 2020 as a spin-off from Madison Square Garden Company. Its roots trace back to the original Madison Square Garden arenas. Significant milestones include the development of immersive entertainment venues and live event experiences.

business area logo Core Business Areas

  • Entertainment: Produces and presents live entertainment events, including concerts, family shows, and special events, primarily at its venues.
  • Venues: Owns and operates iconic venues such as Madison Square Garden, Hulu Theater at MSG, Radio City Music Hall, and the Beacon Theatre.
  • Regional Entertainment Networks: Formerly operating the MSG Networks until its sale to Standard General in 2021.

leadership logo Leadership and Structure

Executive Chairman and CEO: James L. Dolan. The company structure involves various departments overseeing venue operations, entertainment production, marketing, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Live Entertainment Events: Concerts, family shows, and special events held at MSG venues. Market share data is variable and event-dependent. Competitors include AEG Presents and Live Nation Entertainment (LYV).
  • Venue Operations: Rental and operation of MSG venues. Market share is difficult to pinpoint due to regional specificity but MSG is a major player in the NY Metro area. Competitors include Barclays Center and Prudential Center.
  • Christmas Spectacular Starring the Radio City Rockettes: Annual holiday stage show. High brand recognition and annual ticket revenue. Competitors include other holiday-themed stage shows, but none at the scale and history of the Rockettes show.

Market Dynamics

industry overview logo Industry Overview

The live entertainment industry is experiencing growth, driven by increased consumer spending on experiences and events. Digital content and streaming services are both competing with and complementing live shows. Concerts, theatrical performances, and sporting events remain popular draws. High inflation and economic uncertainty may impact consumer spending habits.

Positioning

MSGE holds a strong position in the live entertainment market, particularly in the New York metropolitan area, due to its iconic venues and established brand. Competitive advantages include its prime locations, established relationships with artists and promoters, and history.

Total Addressable Market (TAM)

The global live music market alone is expected to reach approximately $35 billion by 2027. MSGE's positioning in major metropolitan areas and its portfolio of venues allows it to capture a significant portion of this TAM.

Upturn SWOT Analysis

Strengths

  • Iconic Venues
  • Strong Brand Recognition
  • Prime Locations
  • Established Relationships with Artists and Promoters

Weaknesses

  • High Operating Costs
  • Dependence on Event Schedules
  • Geographic Concentration (New York Metro Area)
  • Reliance on Single Events or Limited Types of Events

Opportunities

  • Expansion into New Markets
  • Development of New Entertainment Formats
  • Leveraging Technology for Enhanced Fan Experiences
  • Strategic Partnerships and Acquisitions

Threats

  • Economic Downturns
  • Increased Competition from Streaming Services
  • Changing Consumer Preferences
  • Public Health Crises/Pandemics

Competitors and Market Share

competitor logo Key Competitors

  • LYV
  • AEG Presents
  • SeatGeek
  • Ticketmaster

Competitive Landscape

MSGE's advantages include its iconic venues and prime locations. Disadvantages include its geographic concentration and dependence on event schedules. Competitors such as Live Nation have a broader global reach and diversified revenue streams.

Major Acquisitions

Boston Calling Events LLC

  • Year: 2023
  • Acquisition Price (USD millions): 17.5
  • Strategic Rationale: Expand the company's portfolio of live events and festivals.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been variable due to dependence on event schedules and market conditions. Data is taken from past statements.

Future Projections: Analyst estimates suggest moderate growth, dependent on the successful execution of strategic initiatives. Data is taken from analyst reports.

Recent Initiatives: Development of new entertainment venues (MSG Sphere in Las Vegas), strategic partnerships with technology companies, and expansion of event offerings.

Summary

MSGE possesses strong brand recognition with its iconic venues and entertainment experiences, which provides it a competitive edge. However, its geographic concentration and dependency on specific event schedules present weaknesses. Opportunities for growth lie in expanding into new markets and leveraging technology. Threats include economic downturns and competition from streaming services.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Analyst Reports
  • Industry Publications
  • Company Website

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change. Market share numbers are rough estimates.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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 -
Full time employees -

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.