From what 0 stock analysts predict, the share price for Madison Square Garden Entertainment Corp. Class A Common Stock (MSGE) might increase by 9.65% in the next year. This is based on a 12-month average estimation for MSGE. Price targets go from $45 to $50. The majority of stock analysts believe MSGE is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedMSGE 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Madison Square Garden Entertainment Corp. Class A Common Stock to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MSGE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of MSGE.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Paul Golding Macquarie | Outperform | $47 | Maintains | Aug 22, 2024 |
Peter Henderson B of A Securities | Buy | $48 | Maintains | Aug 19, 2024 |
Benjamin Swinburne Morgan Stanley | Equal-Weight | $45 | Maintains | Aug 19, 2024 |
Stephen Laszczyk Goldman Sachs | Buy | $45 | Upgrade | Jul 24, 2024 |
David Karnovsky JP Morgan | Neutral | $36 | Maintains | Nov 8, 2023 |
Benjamin Swinburne Morgan Stanley | Equal-Weight | $36 | Maintains | Sep 1, 2023 |
Curry Baker Guggenheim | Buy | $43 | Maintains | Aug 23, 2023 |
Curry Baker Guggenheim | Buy | $43 | Maintains | Aug 22, 2023 |
Peter Henderson B of A Securities | Buy | $41 | Initiates | Aug 22, 2023 |
David Karnovsky JP Morgan | Neutral | $38 | Initiates | Aug 11, 2023 |
Paul Golding Macquarie | Outperform | $43 | Initiates | Jun 1, 2023 |
Benjamin Swinburne Morgan Stanley | Equal-Weight | $40 | Initiates | May 26, 2023 |
Stephen Laszczyk Goldman Sachs | Neutral | $40 | Initiates | May 26, 2023 |
Curry Baker Guggenheim | Buy | $37 | Initiates | May 17, 2023 |
David Joyce Seaport Global | Buy | $36 | Initiates | Apr 24, 2023 |
Benjamin Swinburne Morgan Stanley | Equal-Weight | $70 | Maintains | Feb 10, 2023 |
Benjamin Swinburne Morgan Stanley | Equal-Weight | $50 | Upgrade | Dec 15, 2022 |
David Katz Jefferies | Hold | $49 | Downgrade | Nov 15, 2022 |
Benjamin Swinburne Morgan Stanley | Underweight | $50 | Maintains | Nov 11, 2022 |
Curry Baker Guggenheim | Buy | $85 | Maintains | Aug 23, 2022 |
When did it IPO
2020
Staff Count
1,200
Country
United States
Sector/Industry
Consumer Cyclical/Leisure
CEO
Mr. James Lawrence Dolan
Market Cap
$2.10B
In 2023, MSGE generated $851.5M in revenue, which was a increase of 30.30% from the previous year. This can be seen as a signal that MSGE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Madison Square Garden Entertainment Corp. (NYSE: MSGE) will hold a conference call on November 8, 2024, at 8:30 a.m. ET to discuss its fiscal Q1 results for the period ending September 30, 2024.
Why It Matters - The conference call on fiscal Q1 results could signal MSGE's financial health and performance trends, influencing stock valuation and investor sentiment.
Summary - The news excerpt suggests a discussion surrounding the implications or interpretations of an event or statement related to Nazism, indicating ambiguity in its characterization.
Why It Matters - Ambiguity in public discourse can affect market sentiment and investor confidence, potentially impacting stock prices and investment strategies related to affected sectors or companies.
Summary - Trump Media & Technology Group shares rose 7% in premarket trading.
Why It Matters - The 7% increase in Trump Media & Technology Group shares may indicate growing investor confidence or interest, potentially influencing market trends and valuations.
Summary - Madison Square Garden Entertainment (MSGE) is being evaluated for its potential as a top stock pick for momentum investors.
Why It Matters - The inquiry into MSGE's potential as a momentum stock indicates growing interest, which could drive price fluctuations and trading volume, impacting investor sentiment and strategies.
Summary - ZM, HCP, and MSGE have been designated as Zacks Rank #1 (Strong Buy) momentum stocks as of October 18, 2024.
Why It Matters - ZM, HCP, and MSGE's inclusion in the Zacks Rank #1 list signals strong momentum, indicating potential for price appreciation and favorable investment opportunities.
Summary - Verizon has partnered with Madison Square Garden Entertainment, Sports, and Sphere Entertainment to become the Official Mobile Wireless Partner, gaining exposure across major venues and events.
Why It Matters - Verizon's partnership with MSG enhances brand visibility across major entertainment venues, potentially boosting its customer base and revenue, influencing investor sentiment positively.