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    M

    Madison Square Garden Entertainment Corp (MSGE)

    Official site

    COMMUNICATION SERVICES • LEISURE • NYSE

    $79.80
    +0.69 (+0.87%)

    Market Cap: $3.68B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    58%(15/26)
    Avg Surprise
    -26.29%
    Streak
    2 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.08
    Range$-0.14 - $0.30
    2 analysts
    EPS Revisions
    1
    0
    7d
    1
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$-0.28+129.1%
    60d ago$-0.28+129.1%
    30d ago$-0.28+129.1%
    7d ago$-0.14+157.1%
    Current$0.08
    Revenue Consensus
    $208M
    Range$203M - $212M
    8 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.51
    Range$2.10 - $2.92
    2 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$2.85-12.1%
    60d ago$2.85-11.9%
    30d ago$2.85-11.9%
    7d ago$2.92-14.0%
    Current$2.51
    Revenue Consensus
    $465M
    Range$464M - $468M
    8 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$2.51---
    Sep 26EST
    		-$0.08---
    Jun 26
    Reported Aug 12
    		$-0.13N/A+69.05%Beat+70.5%
    Mar 26
    Reported May 7
    		$0.23$0.18+27.78%Beat-14.8%
    Dec 25
    Reported Feb 3
    		$1.97$2.51-21.51%Miss+24.7%
    Sep 25
    Reported Nov 6
    		$-0.29N/A+50.85%Beat+27.5%
    Jun 25
    Reported Aug 13
    		$-0.44$-0.54+18.52%Beat-131.0%
    Mar 25
    Reported May 6
    		$0.27$0.20+35.00%Beat+17.4%
    Dec 24
    Reported Feb 6
    		$1.58$1.99-20.60%Miss-39.2%
    Sep 24
    Reported Nov 8
    		$-0.40$-0.72+44.44%Beat+36.5%
    Jun 24
    Reported Aug 16
    		$1.42$-0.50+384.00%Beat+395.8%
    Mar 24
    Reported May 9
    		$0.23$0.05+360.00%Beat-4.2%
    Dec 23
    Reported Feb 7
    		$2.60$1.89+37.57%Beat+33.3%
    Sep 23
    Reported Nov 7
    		$-0.63$-0.40-57.50%Miss+51.5%
    Jun 23
    Reported Aug 18
    		$-0.48$-0.68+29.41%Beat+74.5%
    Mar 23
    Reported May 18
    		$0.24$0.21+14.29%Beat+147.1%
    Dec 22
    Reported Feb 9
    		$1.95$1.14+71.05%Beat+2685.7%
    Sep 22
    Reported Nov 9
    		$-1.30$-0.97-34.02%Miss-4.8%
    Jun 22
    Reported Aug 19
    		$-1.88$-0.54-248.15%Miss+62.8%
    Mar 22
    Reported May 9
    		$-0.51$0.04-1375.00%Miss+82.9%
    Dec 21
    Reported Feb 9
    		$0.07N/A-93.00%Miss+101.4%
    Sep 21
    Reported Nov 9
    		$-1.24$-1.15-7.83%Miss+56.8%
    Jun 21
    Reported Aug 23
    		$-5.05$-3.31-52.57%Miss-6.5%
    Mar 21
    Reported May 7
    		$-2.98$-3.76+20.74%Beat-331.9%
    Dec 20
    Reported Feb 12
    		$-5.12$-3.97-28.97%Miss-768.8%
    Sep 20
    Reported Nov 16
    		$-2.87$-4.43+35.21%Beat-
    Jun 20
    Reported Aug 14
    		$-4.74$-4.17-13.67%Miss-
    Mar 20
    Reported May 18
    		$-0.69N/A+71.25%Beat-
    Dec 19
    Reported Feb 7
    		$0.77$0.00N/ABeat-

    Key Metrics

    Valuation
    P/E Ratio44.83EV/EBITDA20.44x
    Price/FCF11.72xFCF Yield8.53%
    Profitability
    Profit Margin6.24%Operating Margin-4.72%
    ROE40.70%ROIC14.84%
    Financial Health
    Debt/Equity12.47xInterest Coverage3.52x
    Current Ratio0.70xQuick Ratio0.70x
    Trading Statistics
    Beta0.56Avg Volume591.76K
    52-Week High$90.4152-Week Low$43.33

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$80.33
    SMA 20$80.20
    SMA 50$79.81
    SMA 200$69.21
    EMA 10$80.12
    EMA 20$80.00
    EMA 50$79.10
    EMA 200$69.47

    MACD

    Line: 0.24Signal: 0.39Hist: -0.15

    ADX

    ADX: 10.8+DI: 19.1-DI: 24.3

    Aroon & PSAR

    Aroon Up56.0
    Aroon DownN/A
    PSAR$76.60

    Bollinger Bands

    Upper Band$82.23
    Lower Band$78.17
    %B Position507%(Upper)
    Band Width0.40

    RSI (14-Day)

    Neutral
    49.8

    Momentum Oscillators

    Stoch %K49.5
    Stoch %D52.0
    Williams %R-49.2
    ROC (10d)-0.3%
    Momentum-0.25
    CCI (20d)-29.7
    MFI (14d)59.1

    Volatility Measures

    ATR (14d)$2.43(3.0%)
    StdDev (20d)1.02
    Hist Vol24.9%(Moderate)

    Volume Flow

    VWAP$79.82
    OBV16.3M
    AD Line10.2M
    CMF (20d)0.025

    Volume Metrics

    Avg Vol (20d)579.9K
    Vol Ratio0.6x
    VWMA (20d)$80.21

    Pivot Points

    R3$82.91
    R2$81.70
    R1$80.41
    Pivot Point$79.20
    S1$77.91
    S2$76.70
    S3$75.41

    Advanced Oscillators

    TSI3.54
    Ultimate Osc43.5
    KST11.35

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$196.32M$246.26M$459.94M$158.26M$154.14M$242.47M$407.42M$138.71M$186.07M$228.31M$402.67M$142.21M
    Cost of Revenue$-212,656,000$0$212.66M$0$199.70M$138.87M$0$0$122.38M$142.02M$202.76M$101.68M
    Gross Profit$408.98M$246.26M$247.28M$158.26M$-45,561,000$103.59M$407.42M$138.71M$63.70M$86.29M$199.91M$40.53M
    Operating Expenses$417.62M$230.16M$83.47M$188.00M$-19,807,000$76.27M$268.42M$157.20M$72.56M$69.49M$62.48M$73.96M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$67.21M$60.95M$68.36M$56.59M$59.93M$52.11M$57.19M$45.75M$55.81M$53.95M$48.39M$48.82M
    Operating Income$-8,641,000$16.10M$163.81M$-29,739,000$-25,754,000$27.33M$139.00M$-18,482,000$-8,860,000$16.80M$137.42M$-33,425,000
    Interest Income$2.62M$2.25M$813,000$520,000$881,000$710,000$365,000$372,000$701,000$341,000$1.08M$851,000
    Interest Expense$9.09M$9.42M$10.42M$11.03M$17.84M$11.80M$12.96M$14.04M$14.19M$14.43M$15.05M$14.29M
    Income Before Tax$-14,362,000$8.22M$153.53M$-40,419,000$-42,171,000$15.29M$125.37M$-32,922,000$-25,479,000$2.80M$126.30M$-51,330,000
    Income Tax Expense$-4,377,000$3.12M$60.82M$-18,765,000$-14,994,000$7.25M$49.47M$-13,601,000$-92,406,000$2,000$1.05M$-659,000
    Net Income$-9,985,000$5.11M$92.72M$-21,654,000$-27,177,000$8.04M$75.89M$-19,321,000$66.93M$2.79M$125.25M$-50,671,000
    EBITDA$6.83M$29.68M$177.62M$-15,310,000$-8,975,000$41.58M$152.99M$-4,618,000$2.76M$30.91M$154.32M$-23,497,000
    EBIT$-7,889,000$15.40M$163.14M$-29,911,000$-25,212,000$26.38M$137.96M$-19,251,000$-11,987,000$16.88M$140.27M$-37,894,000
    * Some calculated fields are derived from available data when not provided by source

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    News

    Madison Square Garden plans a teriyaki stand for 2026-27

    Madison Square Garden Entertainment (MSGE) and Madison Square Garden Sports (MSGS) have announced a new partnership with Glaze Teriyaki. This partnership will bring a dedicated Glaze Teriyaki concession stand to Madison...

    Stock Titan•9/30/26•Somewhat-Bullish

    Is MSG Entertainment’s (MSGE) Aggressive Stock Buyback A Playbook For Long-Term Growth?

    MSG Entertainment (MSGE) has been aggressively repurchasing its stock, buying back 314,349 shares for $25 million in a single week...

    Yahoo Finance•9/25/26•Neutral

    Madison Square Garden Entertainment stock gains 1.29 percent

    Madison Square Garden Entertainment (MSGE) stock rose 1.29% to USD 79.50 on September 24, 2026. This increase follows the company's disclosure of a USD 25 million share repurchase program and strong fiscal fourth-quarter...

    AD HOC NEWS•9/24/26•Somewhat-Bullish

    The Rockettes’ Christmas show will have 230 performances this season, the most in its history.

    Madison Square Garden Entertainment Corp. announced new elements for the 2026 Christmas Spectacular Starring the Radio City Rockettes...

    Stock Titan•9/24/26•Neutral

    Josephine Vaccarello Named President Of Madison Square Garden Entertainment

    Josephine Vaccarello has been appointed President of Madison Square Garden Entertainment, taking on an expanded role overseeing strategy and operations for the company's live experiences portfolio. Having worked with MSG...

    Pollstar News•9/22/26•Bullish

    MSGE Valuation and Fair Value

    P/E
    44.8x
    Forward P/E
    26.9x
    EV/EBITDA
    20.4x
    P/FCF
    11.7x
    P/B
    82.7x
    See GNG's fair value

    MSGE Profitability: Margins, ROIC and FCF

    Gross margin
    100.0%
    Operating margin
    -4.7%
    Net margin
    6.2%
    ROIC
    14.8%
    ROE
    40.7%
    FCF margin
    30.5%
    FCF yield
    8.5%

    MSGE Competitors

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    Planet Fitness IncPLNT
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    Marriot Vacations WorldwideVAC
    Ermenegildo Zegna NVZGN
    BRP IncDOOO
    Wingstop IncWING
    Meritage CorporationMTH
    Thor Industries IncTHO

    Sector: Consumer Cyclical

    MSGE Analyst Ratings

    Consensus
    Hold
    Analysts
    10
    Strong Buy
    0
    Buy
    4
    Hold
    6
    Sell
    0
    Strong Sell
    0

    MSGE Bull Case vs Bear Case

    Bull case

    • MSGE converts 30.5% of revenue into free cash flow.
    • MSGE beat EPS estimates in 75.0% of its last 8 reported quarters.
    • MSGE grew quarterly revenue 27.4% year over year.

    Bear case

    • MSGE trades at 44.8x trailing earnings.
    • MSGE has a debt-to-equity ratio of 12.5x.

    MSGE Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    25.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.08
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 0 down

    Frequently Asked Questions About MSGE

    Does MSGE pay dividends?

    Madison Square Garden Entertainment Corp (MSGE) does not currently pay a regular dividend.

    What is MSGE's P/E ratio?

    Madison Square Garden Entertainment Corp has a price-to-earnings (P/E) ratio of 44.83.

    What is MSGE's market cap?

    Madison Square Garden Entertainment Corp (MSGE) has a market capitalization of $3.68B with a current stock price of $79.80.

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