MSGE official logo MSGE
MSGE 2-star rating from Upturn Advisory
Madison Square Garden Entertainment Corp (MSGE) company logo

Madison Square Garden Entertainment Corp (MSGE)

Madison Square Garden Entertainment Corp (MSGE) 2-star rating from Upturn Advisory
$49.47
Last Close (24-hour delay)
Profit since last BUY17.56%
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BUY since 59 days
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Upturn Advisory Summary

11/28/2025: MSGE (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

2 star rating from financial analysts

9 Analysts rated it

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

1 Year Target Price $51.5

1 Year Target Price $51.5

Analysts Price Target For last 52 week
$51.5 Target price
52w Low $28.29
Current$49.47
52w High $49.76

Analysis of Past Performance

Type Stock
Historic Profit 31.91%
Avg. Invested days 63
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 5.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/28/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.34B USD
Price to earnings Ratio 69.68
1Y Target Price 51.5
Price to earnings Ratio 69.68
1Y Target Price 51.5
Volume (30-day avg) 9
Beta 0.48
52 Weeks Range 28.29 - 49.76
Updated Date 11/30/2025
52 Weeks Range 28.29 - 49.76
Updated Date 11/30/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.71

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-11-06
When Before Market
Estimate -0.59
Actual -0.29

Profitability

Profit Margin 3.65%
Operating Margin (TTM) -9.73%

Management Effectiveness

Return on Assets (TTM) 5.16%
Return on Equity (TTM) 4.67%

Valuation

Trailing PE 69.68
Forward PE 23.42
Enterprise Value 3521832544
Price to Sales(TTM) 2.43
Enterprise Value 3521832544
Price to Sales(TTM) 2.43
Enterprise Value to Revenue 3.66
Enterprise Value to EBITDA 21.52
Shares Outstanding 40364953
Shares Floating 35253274
Shares Outstanding 40364953
Shares Floating 35253274
Percent Insiders 3.91
Percent Institutions 100.65

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Madison Square Garden Entertainment Corp

Madison Square Garden Entertainment Corp(MSGE) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Madison Square Garden Entertainment Corp. (MSGE) was spun off from Madison Square Garden Company in April 2020. The original Madison Square Garden has a history dating back to the mid-19th century; however, MSGE as a separate entity is relatively new. MSGE focuses on live entertainment and venue management, distinct from MSG Sports.

Company business area logo Core Business Areas

  • Entertainment: Produces, promotes, and presents live entertainment events, including concerts, family shows, and special events.
  • Venues: Owns and operates venues, including Madison Square Garden, Radio City Music Hall, Beacon Theatre, and The Chicago Theatre, providing space for events.

leadership logo Leadership and Structure

James Dolan is the Executive Chairman and CEO. The organizational structure includes divisions for venue management, entertainment production, and marketing.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Live Entertainment Events: Concerts, family shows (e.g., Christmas Spectacular), and special events held at MSGE's venues. Revenue varies greatly depending on the acts. Competitors: Live Nation Entertainment (LYV), AEG Presents.
  • Venue Operations: Rental and management of venues for third-party events. Revenue is driven by event volume and rental rates. Competitors: ASM Global, Oak View Group.
  • Christmas Spectacular Starring the Radio City Rockettes: MSGE's signature production, it is a highly profitable entertainment property drawing large crowds during the holiday season. Competitors: Other holiday-themed shows and events.

Market Dynamics

industry overview logo Industry Overview

The live entertainment industry is competitive and dynamic, influenced by artist popularity, consumer preferences, and economic conditions. Demand for live experiences is generally growing.

Positioning

MSGE is positioned as a premium provider of live entertainment, particularly in the New York City area. Its iconic venues provide a competitive advantage.

Total Addressable Market (TAM)

The TAM for live entertainment events is estimated to be hundreds of billions of dollars globally. MSGE is positioned to capture a significant share of the premium segment, particularly in its key markets.

Upturn SWOT Analysis

Strengths

  • Iconic Venues
  • Strong Brand Recognition
  • Established Relationships with Artists and Promoters
  • Strategic Locations in Major Metropolitan Areas

Weaknesses

  • Reliance on Event Schedules and Artist Availability
  • High Operating Costs Associated with Venue Management
  • Sensitivity to Economic Downturns
  • Geographic Concentration

Opportunities

  • Expansion into New Markets
  • Development of New Entertainment Offerings
  • Leveraging Technology to Enhance the Fan Experience
  • Strategic Partnerships and Acquisitions

Threats

  • Competition from Other Entertainment Providers
  • Economic Recessions
  • Changes in Consumer Preferences
  • Disruptions from New Technologies (e.g., virtual events)

Competitors and Market Share

Key competitor logo Key Competitors

  • LYV
  • AEG
  • OVG

Competitive Landscape

MSGE has advantages in its iconic venues and NYC presence but faces strong competition from larger, more diversified companies like Live Nation and AEG. Oak View Group (OVG) also presents venue competition.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is tied to the performance of live events and venue operations. The pandemic significantly impacted growth in 2020 and 2021.

Future Projections: Future growth depends on the recovery of the live entertainment industry and MSGE's ability to capitalize on opportunities. Analyst estimates are available from financial data providers.

Recent Initiatives: Focus on optimizing venue operations, expanding entertainment offerings, and exploring strategic partnerships.

Summary

Madison Square Garden Entertainment Corp has iconic venues and a strong brand, particularly in New York City. Its reliance on live events makes it susceptible to economic downturns and changing consumer preferences. MSGE needs to successfully expand its entertainment offerings and capitalize on strategic opportunities to maintain its competitive position. The competition in the market is high, especially against the bigger companies.

Similar Stocks

Sources and Disclaimers

Data Sources:

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

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Market data and information is not guranteed to be fully up to date.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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
Full time employees 1200

Madison Square Garden Entertainment Corp., through its subsidiaries, engages in live entertainment business. The company produces, presents, and hosts live entertainment events, such as concerts, sporting events, family shows, family shows, performing arts events, and special events. It holds a portfolio of venues that include Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, the Beacon Theatre, and The Chicago Theatre. The company also owns and produces the original production, the Christmas Spectacular Starring the Radio City Rockettes. In addition, it engages in the entertainment and sports bookings business that showcase 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.