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Madison Square Garden Entertainment Corp. (MSGE)

Communication Services | Entertainment | New York, United States | NYSE
78.30 USD +0.15 (0.192%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 78.30

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:37 a.m. EDT

Madison Square Garden Entertainment presents a classic high-risk, high-reward scenario where aggressive revenue growth collides with a fragile financial structure. While the company boasts a robust 27% revenue growth rate and has rallied 20% over the past two years, the balance sheet is a significant liability with a debt-to-equity ratio exceeding 2,500% and negative operating margins. This disconnect suggests the market is pricing in a future earnings turnaround rather than current profitability. Options flow confirms this speculative thesis, with traders accumulating call positions at strikes above the current price, betting on a recovery toward the analyst target of $91. However, the lack of a dividend and the precarious liquidity position (current ratio below 1.0) make this a pure momentum play unsuitable for defensive portfolios. Investors should watch closely whether the upcoming earnings can bridge the gap between the high valuation and the current operational losses.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.019573
MSTL0.079682
AutoETS0.089448
AutoARIMA0.092148

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 54%
H-stat 0.85
Ljung-Box p 0.000
Jarque-Bera p 0.002
Excess Kurtosis 0.87
Attribute Value
Sector Communication Services
Debt to Equity Ratio 2567.364
Revenue per Share 22.351
Market Cap 3,703,999,744
Trailing P/E 56.33
Forward P/E 26.95
Beta 0.57
Profit Margins 6.24%
Previous Name Live Entertainment and MSG Networks Businesses of Madison Square Garden Entertainment Corp.
Website https://www.msgentertainment.com

As of Aug. 22, 2026, 2:37 a.m. EDT: Call open interest dominates put open interest in out-of-the-money strikes, particularly for January 2027 expiration where call OI is more than double the put OI. ATM call volume shows new inflow exceeding existing open interest, indicating speculative positioning for upside. Implied volatility remains moderate, suggesting a balanced view on near-term risk despite the bullish skew in longer-dated contracts.


Info Dump

Attribute Value
52 Week Change 0.9344059
Address1 Two Pennsylvania Plaza
All Time High 90.41
All Time Low 27.55
Ask 79.0
Ask Size 300
Audit Risk 4
Average Analyst Rating 2.2 - Buy
Average Daily Volume10 Day 273,740
Average Daily Volume3 Month 453,748
Average Volume 453,748
Average Volume10Days 273,740
Beta 0.566
Bid 75.0
Bid Size 300
Board Risk 10
Book Value 0.968
City New York
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 78.3
Current Ratio 0.698
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 79.18
Day Low 77.755
Debt To Equity 2,567.364
Display Name Madison Square Garden Entertainment
Earnings Call Timestamp End 1,786,543,200
Earnings Call Timestamp Start 1,786,543,200
Earnings Timestamp 1,786,537,800
Earnings Timestamp End 1,793,881,800
Earnings Timestamp Start 1,793,881,800
Ebitda 223,620,992
Ebitda Margins 0.21080999
Enterprise To Ebitda 20.507
Enterprise To Revenue 4.323
Enterprise Value 4,585,765,888
Eps Current Year 1.12
Eps Forward 2.905
Eps Trailing Twelve Months 1.39
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 77.9778
Fifty Day Average Change 0.3222046
Fifty Day Average Change Percent 0.004132004
Fifty Two Week Change Percent 93.44059
Fifty Two Week High 90.41
Fifty Two Week High Change -12.110001
Fifty Two Week High Change Percent -0.13394536
Fifty Two Week Low 39.85
Fifty Two Week Low Change 38.450005
Fifty Two Week Low Change Percent 0.9648684
Fifty Two Week Range 39.85 - 90.41
Financial Currency USD
First Trade Date Milliseconds 1,681,738,200,000
Float Shares 35,558,398
Forward Eps 2.905
Forward P E 26.95353
Free Cashflow 343,931,744
Full Exchange Name NYSE
Full Time Employees 1,060
Fullday Change 0.150002
Fullday Change Percent 0.191941
Fullday Price 78.3
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.47338
Gross Profits 502,158,016
Has Pre Post Market Data 1
Held Percent Insiders 0.03876
Held Percent Institutions 1.0321499
Implied Shares Outstanding 47,305,234
Industry Entertainment
Industry Disp Entertainment
Industry Key entertainment
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,782,777,600
Long Business Summary 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.
Long Name Madison Square Garden Entertainment Corp.
Market us_market
Market Cap 3,703,999,744
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1814625476
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-28
Net Income To Common 66,186,000
Next Fiscal Year End 1,814,313,600
Non Diluted Market Cap 3,696,904,037
Number Of Analyst Opinions 8
Open 78.31
Operating Cashflow 351,435,008
Operating Margins -0.04718
Overall Risk 10
Payout Ratio 0.0
Phone 212 465 6000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 78.3
Post Market Time 1,787,959,806
Prev Name Live Entertainment and MSG Networks Businesses of Madison Square Garden Entertainment Corp.
Previous Close 78.15
Price Eps Current Year 69.91071
Price Hint 2
Price To Book 80.888435
Price To Sales Trailing12 Months 3.491757
Profit Margins 0.06239
Quick Ratio 0.559
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.2
Region US
Regular Market Change 0.150002
Regular Market Change Percent 0.191941
Regular Market Day High 79.18
Regular Market Day Low 77.755
Regular Market Day Range 77.755 - 79.18
Regular Market Open 78.31
Regular Market Previous Close 78.15
Regular Market Price 78.3
Regular Market Time 1,787,947,202
Regular Market Volume 312,649
Return On Assets 0.0581
Return On Equity 4.07537
Revenue Growth 0.274
Revenue Per Share 22.351
Sand P52 Week Change 0.20504117
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 10
Shares Outstanding 40,438,480
Shares Percent Shares Out 0.0215
Shares Short 1,015,448
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 1,182,464
Short Name Madison Square Garden Entertain
Short Percent Of Float 0.0325
Short Ratio 2.64
Source Interval 15
State NY
Symbol MSGE
Target High Price 103.0
Target Low Price 80.0
Target Mean Price 91.625
Target Median Price 91.0
Total Cash 293,599,008
Total Cash Per Share 6.206
Total Debt 1,175,364,992
Total Revenue 1,060,784,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.39
Trailing P E 56.330936
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 64.34725
Two Hundred Day Average Change 13.952751
Two Hundred Day Average Change Percent 0.21683523
Type Disp Equity
Volume 312,649
Website https://www.msgentertainment.com
Zip 10,121