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69.04 USD
P/E
66.34
EPS
1.03
P/B
89.67
ROE
170.32
Beta
0.61
Target Price
76.00 USD
Madison Square Garden Entertainment Corp. logo

Madison Square Garden Entertainment Corp.

🧾 Earnings Recap – Q2 2026

Madison Square Garden Entertainment Corp. reported robust fiscal Q2 2026 revenues of $460 million, with adjusted operating income of $190 million, driven by record performances and strategic growth across its business segments.

  • Revenues increased 13% year-over-year with a strong contribution from the Christmas Spectacular, generating approximately $195 million for the season.
  • Total attendance reached 2.9 million guests across over 475 events, marking the highest attendance for the Christmas Spectacular in 25 years.
  • Significant growth was seen in marketing partnerships, including multiyear renewals and expanded agreements with Anheuser-Busch and Infosys.
  • Premium hospitality sales continue to thrive, showing strong new sales and renewals for suites at Madison Square Garden.
  • Looking ahead, the company anticipates continued momentum with a robust schedule of events, including a 30-night Harry Styles residency launching in August.
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Key Metrics
Earnings dateAug. 12, 2026
P/E66.34
EPS1.03
Book Value0.76
Price to Book89.67
Debt/Equity2473.06
% Insiders3.949%
Growth
Revenue Growth0.02%
Earnings Growth-0.36%
Estimates
Forward P/E27.01
Forward EPS2.53
Target Mean Price76.00

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Madison Square Garden Entertainment Corp. Logo Madison Square Garden Entertainment Corp. Analysis (MSGE)

United States Communication Services Official Website Stock

Is Madison Square Garden Entertainment Corp. a good investment? Madison Square Garden Entertainment Corp. (MSGE) is currently trading at 69.04 USD. Market analysts have a consensus price target of 76.00 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 66.34. This high multiple suggests investors have priced in significant future growth expectations.

Earnings Schedule: Madison Square Garden Entertainment Corp. is expected to release its next earnings report on Aug. 12, 2026. The market consensus estimate for Forward EPS is 2.53.

Investor FAQ

Does Madison Square Garden Entertainment Corp. pay a dividend?

No, it does not currently pay a dividend.

What asset class is Madison Square Garden Entertainment Corp.?

Madison Square Garden Entertainment Corp. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be Aug. 12, 2026. The company currently has a trailing EPS of 1.03.

Company Profile

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 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.

Exchange Ticker
NYQ (United States) MSGE

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