madison square garden entmt corp - MSGE
MSGE
Close Chg Chg %
36.23 0.02 0.06%
Closed Market
36.25
+0.02 (0.06%)
Volume: 367.69K
Last Updated:
Nov 22, 2024, 3:59 PM EDT
Company Overview: madison square garden entmt corp - MSGE
MSGE Key Data
| Open $36.25 | Day Range 36.13 - 36.67 |
| 52 Week Range N/A - N/A | Market Cap $1.76B |
| Shares Outstanding 48.47M | Public Float 40.50M |
| Beta 0.17 | Rev. Per Employee N/A |
| P/E Ratio 9.86 | EPS $3.69 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 400.72K |
MSGE Performance
| 1 Week | -0.30% | ||
| 1 Month | -14.01% | ||
| 3 Months | -13.23% | ||
| 1 Year | 15.10% | ||
| 5 Years | N/A |
MSGE Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
8
Full Ratings ➔
About madison square garden entmt corp - MSGE
Madison Square Garden Entertainment Corp. engages in the provision of entertainment services. Its portfolio of venues includes The Garden, Radio City Music Hall, the Beacon Theatre, The Theater at Madison Square, and The Chicago Theatre. The company was founded in 1879 and is headquartered in New York, NY.
MSGE At a Glance
Madison Square Garden Entertainment Corp.
Two Pennsylvania Plaza
New York, New York 10121
| Phone | 1-212-465-6000 | Revenue | 959.27M | |
| Industry | Movies/Entertainment | Net Income | 144.30M | |
| Sector | Consumer Services | 2024 Sales Growth | 12.656% | |
| Fiscal Year-end | 06 / 2025 | Employees | 4,700 | |
| View SEC Filings |
MSGE Valuation
| P/E Current | 9.861 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 11.526 |
| Price to Sales Ratio | 1.734 |
| Price to Book Ratio | N/A |
| Price to Cash Flow Ratio | 14.948 |
| Enterprise Value to EBITDA | 14.716 |
| Enterprise Value to Sales | 2.815 |
| Total Debt to Enterprise Value | 0.396 |
MSGE Efficiency
| Revenue/Employee | 204,098.936 |
| Income Per Employee | 30,702.128 |
| Receivables Turnover | 9.352 |
| Total Asset Turnover | 0.607 |
MSGE Liquidity
| Current Ratio | 0.433 |
| Quick Ratio | 0.425 |
| Cash Ratio | 0.066 |
MSGE Profitability
| Gross Margin | 35.084 |
| Operating Margin | 13.509 |
| Pretax Margin | 5.451 |
| Net Margin | 15.043 |
| Return on Assets | 9.136 |
| Return on Equity | N/A |
| Return on Total Capital | 13.781 |
| Return on Invested Capital | 16.179 |
MSGE Capital Structure
| Total Debt to Total Equity | N/A |
| Total Debt to Total Capital | 102.212 |
| Total Debt to Total Assets | 62.666 |
| Long-Term Debt to Equity | N/A |
| Long-Term Debt to Total Capital | 98.012 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Madison Square Garden Entmt Corp - MSGE
Collapse All in section
| All values USD millions. | 2021 | 2022 | 2023 | 2024 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 81.81M | 653.49M | 851.50M | 959.26M | |
Sales Growth
| -86.01% | +698.77% | +30.30% | +12.66% | |
Cost of Goods Sold (COGS) incl D&A
| 167.81M | 486.83M | 560.39M | 622.71M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 77.04M | 81.25M | 73.27M | 53.88M | |
Depreciation
| 76.05M | 75.41M | 72.52M | 53.88M | |
Amortization of Intangibles
| - | 988.00K | 5.84M | 754.00K | |
COGS Growth
| -63.69% | +190.11% | +15.11% | +11.12% | |
Gross Income
| (86.00M) | 166.66M | 291.10M | 336.55M | |
Gross Income Growth
| -170.21% | +293.78% | +74.67% | +15.61% | |
Gross Profit Margin
| -105.12% | +25.50% | +34.19% | +35.08% |
| 2021 | 2022 | 2023 | 2024 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 136.60M | 167.13M | 180.22M | 206.96M | |
Research & Development
| - | - | - | - | - |
Other SG&A
| 136.60M | 167.13M | 180.22M | 206.96M | |
SGA Growth
| -0.97% | +22.35% | +7.83% | +14.84% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| (38.81M) | 90.64M | (5.81M) | 18.75M | |
EBIT after Unusual Expense
| (183.78M) | (91.12M) | 116.70M | 110.84M | |
Non Operating Income/Expense
| 3.56M | 7.96M | 12.94M | (600.00K) | |
Non-Operating Interest Income
| 6.44M | 7.15M | 7.24M | 2.98M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 33.73M | 53.11M | 51.87M | 57.95M | |
Interest Expense Growth
| +7,837.65% | +57.43% | -2.34% | +11.73% | |
Gross Interest Expense
| 33.73M | 53.11M | 51.87M | 57.95M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| (213.96M) | (136.27M) | 77.77M | 52.29M | |
Pretax Income Growth
| -179.00% | +36.31% | +157.07% | -32.76% | |
Pretax Margin
| -261.53% | -20.85% | +9.13% | +5.45% | |
Income Tax
| 5.35M | (70.00K) | 1.73M | (92.01M) | |
Income Tax - Current - Domestic
| 4.78M | (295.00K) | 1.01M | 188.00K | |
Income Tax - Current - Foreign
| - | - | - | - | - |
Income Tax - Deferred - Domestic
| 566.00K | 225.00K | 720.00K | (92.20M) | |
Income Tax - Deferred - Foreign
| - | - | - | - | - |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| (219.31M) | (136.20M) | 76.04M | 144.30M | |
Minority Interest Expense
| - | (694.00K) | (2.86M) | (553.00K) | |
Net Income
| (218.61M) | (133.34M) | 76.60M | 144.30M | |
Net Income Growth
| -227.30% | +39.01% | +157.45% | +88.39% | |
Net Margin Growth
| -267.22% | -20.40% | +9.00% | +15.04% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| (218.61M) | (133.34M) | 76.60M | 144.30M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| (218.61M) | (133.34M) | 76.60M | 144.30M | |
EPS (Basic)
| -4.8688 | -2.9696 | 1.5004 | 2.9891 | |
EPS (Basic) Growth
| -227.30% | +39.01% | +150.53% | +99.22% | |
Basic Shares Outstanding
| 44.90M | 44.90M | 51.05M | 48.27M | |
EPS (Diluted)
| -4.8688 | -2.9696 | 1.5004 | 2.9698 | |
EPS (Diluted) Growth
| -227.30% | +39.01% | +150.53% | +97.93% | |
Diluted Shares Outstanding
| 44.90M | 44.90M | 51.05M | 48.59M | |
EBITDA
| (145.56M) | 80.77M | 184.16M | 183.47M | |
EBITDA Growth
| -300.27% | +155.49% | +127.99% | -0.38% | |
EBITDA Margin
| -177.92% | +12.36% | +21.63% | +19.13% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 46.143 | |
| Number of Ratings | 8 | Current Quarters Estimate | 2.16 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 1.769 | |
| Last Quarter’s Earnings | -0.40 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 2.97 | Next Fiscal Year Estimate | 1.752 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 8 | 8 | 7 | 8 |
| Mean Estimate | 2.16 | 0.23 | 1.77 | 1.75 |
| High Estimates | 2.42 | 0.36 | 2.10 | 2.11 |
| Low Estimate | 1.89 | 0.11 | 1.33 | 1.41 |
| Coefficient of Variance | 10.25 | 40.76 | 15.41 | 13.22 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 5 | 5 | 5 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 3 | 3 | 3 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Madison Square Garden Entmt Corp - MSGE
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Madison Square Garden Entmt Corp - MSGE
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Aug 23, 2024 | Frederic V. Salerno Director | 17,348 | Open market or private purchase of non-derivative security Non-derivative transaction at $41.25 per share | 715,605.00 |
| Apr 29, 2024 | Michael J. Grau EVP and CFO | 10,252 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Apr 29, 2024 | Michael J. Grau EVP and CFO | 5,340 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Apr 29, 2024 | Laura Franco EVP & General Counsel | 3,738 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Apr 29, 2024 | Laura Franco EVP & General Counsel | 23,664 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 20, 2024 | Charles Francis Dolan Director | 5,079 | Other acquisition or disposition Non-derivative transaction at $37.63 per share | 191,122.77 |
| Mar 11, 2024 | James Lawrence Dolan Executive Chairman / CEO; Director | 155,143 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.1 per share | 5,910,948.30 |
| Mar 4, 2024 | James Lawrence Dolan Executive Chairman / CEO; Director | 292,143 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.93 per share | 11,080,983.99 |
| Feb 22, 2024 | Philip Gerard D'Ambrosio EVP and Treasurer | 9,088 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.76 per share | 343,162.88 |
| Feb 22, 2024 | Philip Gerard D'Ambrosio EVP and Treasurer | 9,285 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.71 per share | 350,137.35 |
| Feb 22, 2024 | Philip Gerard D'Ambrosio EVP and Treasurer | 10,285 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.75 per share | 388,258.75 |
| Feb 22, 2024 | Philip Gerard D'Ambrosio EVP and Treasurer | 10,863 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.01 per share | 412,902.63 |
| Feb 22, 2024 | Philip Gerard D'Ambrosio EVP and Treasurer | 13,363 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.83 per share | 505,522.29 |
| Feb 22, 2024 | Philip Gerard D'Ambrosio EVP and Treasurer | 17,363 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.81 per share | 656,495.03 |
| Feb 22, 2024 | Philip Gerard D'Ambrosio EVP and Treasurer | 8,285 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.74 per share | 312,675.90 |
| Dec 13, 2023 | Donna M. Coleman Director | 8,636 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Dec 13, 2023 | Charles P. Dolan Director | 8,636 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Dec 13, 2023 | Martin Neal Bandier Director | 8,636 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Dec 13, 2023 | Paul J. Dolan Director | 8,636 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Dec 13, 2023 | Brian G. Sweeney Director | 8,636 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
Madison Square Garden Entmt Corp in the News
Judge slams James Dolan for 'totally crazy' facial recognition ban on legal foes from venues
MSG Entertainment CEO James Dolan's use of facial recognition to ban legal foes from venues like Madison Square Garden was labeled "totally crazy" by a judge.