YOLFTbeta
Madison Square Garden Entertainment Corp

Madison Square Garden Entertainment Corp

MSGE · NYSE · Communication Services / Entertainment

79.49USD+0.69 (+0.88%)

Price History

Full chart

Market Stats

Previous Close78.80
Open79.56
Day Range77.82 – 79.89
52-Week Range41.65 – 90.41
Volume369.93K
Market Cap3.87B
P/E (TTM)57.58
Forward P/E26.88
EPS1.42
Dividend Yield0.00%
Beta0.56
50-Day Avg78.98
200-Day Avg67.45

About

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 Infosys 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.

Company Details

  • SectorCommunication Services
  • IndustryEntertainment
  • CEOMr. James Lawrence Dolan
  • Employees1.06K
  • HeadquartersTwo Pennsylvania Plaza, New York, NY, United States, 10121, USA
  • Websitehttps://www.msgentertainment.com

Leadership

  • Mr. James Lawrence DolanExecutive Chairman & CEO · b. 1955
  • Mr. David J. CollinsExecutive VP & CFO · b. 1969
  • Mr. Philip Gerard D'AmbrosioExecutive VP & Treasurer · b. 1967

Financials

Income Statement

Currency: USD2017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue711.02M988.99M1.05B584.60M81.81M653.49M851.50M959.26M942.73M1.06B
Growth (%)-+39.09%+6.06%-44.27%-86.01%+698.77%+30.30%+12.66%-1.72%+12.52%
Cost of Revenue517.08M635.22M670.64M380.53M75.85M394.79M499.93M547.05M535.64M582.30M
Gross Profit193.94M353.77M378.27M204.07M5.96M258.70M351.57M412.22M407.09M478.49M
Gross Margin27.28%35.77%36.06%34.91%7.29%39.59%41.29%42.97%43.18%45.11%
Operating Expense292.35M385.05M423.87M-21.26M243.25M264.34M246.56M300.27M272.74M336.95M
Operating Income-98.41M-31.28M-45.60M225.33M-237.29M-5.65M105.01M111.94M134.35M141.54M
Operating Margin-13.84%-3.16%-4.35%38.54%-290.04%-0.86%12.33%11.67%14.25%13.34%
EBITDA-20.43M95.27M99.51M359.40M-151.28M69.90M202.91M180.02M173.84M273.98M
EBITDA Margin-2.87%9.63%9.49%61.48%-184.91%10.70%23.83%18.77%18.44%25.83%
Net Income-108.55M6.90M-17.89M171.73M-218.61M-133.34M76.60M144.30M37.43M66.19M
Net Income Margin-15.27%0.70%-1.71%29.38%-267.22%-20.40%9.00%15.04%3.97%6.24%
Interest Expense1.93M12.15M15.26M425.00K33.73M53.11M51.87M57.95M50.51M39.96M
Interest Expense % of Total Revenue0.27%1.23%1.46%0.07%41.23%8.13%6.09%6.04%5.36%3.77%

Balance Sheet

Currency: USD2017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets-3.29B3.32B3.72B1.70B1.53B1.40B1.55B1.67B4.04B
Total Liabilities-721.47M662.29M844.77M1.20B1.53B1.47B1.58B1.68B1.81B
Total Equity-2.48B2.57B2.84B495.90M-1.59M-69.47M-23.16M-13.30M2.23B
Cash-1.23B1.08B906.55M317.82M58.10M76.09M33.26M43.02M552.02M
Total Debt-105.70M54.60M261.16M735.92M1.72B902.92M1.07B1.20B913.31M
Net Debt--1.12B-1.03B-645.39M418.10M898.69M826.83M1.04B1.16B361.29M

Cash Flow

Currency: USD2017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow96.31M144.38M91.72M31.53M-148.12M95.35M135.69M111.27M115.30M102.58M
Investing Cash Flow-260.06M-169.62M-228.06M276.39M-84.44M-804.16M30.30M-62.37M-23.69M-19.63M
Financing Cash Flow-38.63M15.36M-8.62M-315.38M473.49M-396.29M-144.22M-99.69M-81.62M-52.13M
Capital Expenditure41.83M187.36M184.00M29.64M10.31M15.80M15.19M24.18M22.22M19.36M
Free Cash Flow54.48M-42.98M-92.28M1.88M-158.43M79.55M120.51M87.08M93.08M83.22M
Dividends Paid----1.77M2.26M----
FCF to OCF56.57%-29.77%-100.60%5.98%106.96%83.43%88.81%78.27%80.73%81.12%
Dividend Paid to FCF-----1.12%2.84%----

Earnings

Report DateFeb 7, 2020May 18, 2020Aug 14, 2020Nov 16, 2020Feb 12, 2021May 7, 2021Aug 23, 2021Nov 9, 2021Feb 9, 2022May 9, 2022Aug 19, 2022Nov 9, 2022Feb 9, 2023May 18, 2023Aug 18, 2023Nov 7, 2023Feb 7, 2024May 9, 2024Aug 16, 2024Nov 8, 2024Feb 6, 2025May 6, 2025Aug 13, 2025Nov 6, 2025Feb 3, 2026May 7, 2026Aug 12, 2026Nov 5, 2026
EPS Estimate0.00-2.40-4.17-4.43-3.97-3.76-3.31-1.151.000.04-0.54-0.971.140.21-0.68-0.401.890.05-0.50-0.721.990.20-0.54-0.592.510.18-0.42-0.06
EPS Actual0.77-0.69-4.74-2.87-5.12-2.98-5.05-1.240.07-0.51-1.88-1.301.950.24-0.48-0.632.600.231.42-0.401.580.27-0.44-0.291.970.23-0.13-
Surprise-71.25%-13.67%35.21%-28.97%20.74%-52.57%-7.83%-93.00%-1375.00%-248.15%-34.02%71.05%14.29%29.41%-57.50%37.57%360.00%384.00%44.44%-20.60%35.00%18.52%50.85%-21.51%27.78%69.05%-
TimingAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap3.87B
Enterprise Value4.59B
Trailing P/E57.58
Forward P/E26.88
Price / Sales3.65
Price / Book81.10
EPS1.42
Book Value0.968
Revenue (TTM)1.06B
Gross Profit (TTM)502.16M
EBITDA223.62M
Profit Margin6.24%
Operating Margin-4.72%
Return on Equity40.75%
Return on Assets5.81%
Shares Outstanding40.44M
Shares Float35.44M
Beta0.56
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 9 analystsTarget 91.63
  • Strong Buy
    6
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
103.28%
Insiders
3.88%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    3.91M10.88%
  • Jericho Capital Asset Management LP
    2.61M7.26%
  • Morgan Stanley - Brokerage Accounts
    2.05M5.70%
  • Ariel Investments, LLC
    1.67M4.64%
  • Vanguard Portfolio Management, LLC
    1.54M4.29%
  • Sands Capital Management, LLC
    1.36M3.78%
  • Vanguard Capital Management, LLC
    1.20M3.34%
  • State Street Corp
    1.02M2.85%
  • Dimensional Fund Advisors, Inc.
    891.80K2.48%
  • Gamco Investors, Inc. Et Al
    765.91K2.13%
  • Geode Capital Management, LLC
    730.31K2.03%
  • Gilder Gagnon Howe & CO LLC
    561.46K1.56%
  • Renaissance Technologies Corp
    559.93K1.56%
  • Steadfast Capital Management LLC
    550.66K1.53%
  • HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
    523.93K1.46%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    1.64M4.57%
  • Vanguard MStar Total Stk Mkt Idx Invest
    828.52K2.31%
  • iShares Russell 2000 ETF
    713.35K1.99%
  • Columbia Small Cap Growth Inst
    679.66K1.89%
  • Vanguard Small Cap Index
    598.63K1.67%