How to buy Madison Square Garden Entertainment stock

Madison Square Garden Entertainment Corp is an entertainment business based in the US. Madison Square Garden Entertainment shares (MSGE) are listed on the NYSE and all prices are listed in US Dollars. Madison Square Garden Entertainment employs 1,500 staff and has a trailing 12-month revenue of around 0.00.

Madison Square Garden Entertainment share price

Use our graph to track the performance of MSGE stocks over time.

Madison Square Garden Entertainment shares at a glance

• Key figures

Information last updated 2021-04-16.

52-week range	$58.67 - $121.42
50-day moving average	$99.03
200-day moving average	$87.41
Wall St. target price	$111.14
PE ratio	104.9861
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-2.04

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Is it a good time to buy Madison Square Garden Entertainment stock?

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Technical Analysis of Madison Square Garden Entertainment Corp by TradingView

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Is Madison Square Garden Entertainment under- or over-valued?

Valuing Madison Square Garden Entertainment stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Madison Square Garden Entertainment's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Madison Square Garden Entertainment's P/E ratio

Madison Square Garden Entertainment's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 105x. In other words, Madison Square Garden Entertainment shares trade at around 105x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Madison Square Garden Entertainment's EBITDA

Madison Square Garden Entertainment's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $7 million.

The EBITDA is a measure of a Madison Square Garden Entertainment's overall financial performance and is widely used to measure a its profitability.

Madison Square Garden Entertainment financials

Revenue TTM	$228.4 million
Gross profit TTM	$291.5 million
Return on assets TTM	-6.74%
Return on equity TTM	-9.79%
Profit margin	-97.55%
Book value	N/A
Market capitalisation	$2.1 billion

TTM: trailing 12 months

Shorting Madison Square Garden Entertainment shares

There are currently 609,737 Madison Square Garden Entertainment shares held short by investors – that's known as Madison Square Garden Entertainment's "short interest". This figure is 100.2% up from 304,626 last month.

There are a few different ways that this level of interest in shorting Madison Square Garden Entertainment shares can be evaluated.

Madison Square Garden Entertainment's "short interest ratio" (SIR)

Madison Square Garden Entertainment's "short interest ratio" (SIR) is the quantity of Madison Square Garden Entertainment shares currently shorted divided by the average quantity of Madison Square Garden Entertainment shares traded daily (recently around 420508.27586207). Madison Square Garden Entertainment's SIR currently stands at 1.45. In other words for every 100,000 Madison Square Garden Entertainment shares traded daily on the market, roughly 1450 shares are currently held short.

However Madison Square Garden Entertainment's short interest can also be evaluated against the total number of Madison Square Garden Entertainment shares, or, against the total number of tradable Madison Square Garden Entertainment shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Madison Square Garden Entertainment's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Madison Square Garden Entertainment shares in existence, roughly 30 shares are currently held short) or 0.0322% of the tradable shares (for every 100,000 tradable Madison Square Garden Entertainment shares, roughly 32 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Madison Square Garden Entertainment.

Find out more about how you can short Madison Square Garden Entertainment stock.

Madison Square Garden Entertainment share dividends

We're not expecting Madison Square Garden Entertainment to pay a dividend over the next 12 months.

Madison Square Garden Entertainment overview

Madison Square Garden Entertainment Corp. engages in the entertainment business. It produces, presents, or hosts various live entertainment events, including concerts, family shows, and special events, as well as sporting events, such as professional boxing, college basketball, professional bull riding, mixed martial arts, and esports in its venues, including New York's Madison Square Garden, Hulu Theater at Madison Square Garden, Radio City Music Hall and Beacon Theatre, and The Chicago Theatre. The company also operates entertainment dining and nightlife venues in New York City, Las Vegas, Los Angeles, Chicago, Singapore, and Australia under the Tao, Marquee, Lavo, Avenue, Beauty & Essex, and Cathédrale brand names; and creates and operates New England's premier music festival. In addition, it features the Radio City Rockettes, which serves as the star for its Christmas Spectacular at Radio City Music Hall. The company is based in New York, New York. .

Frequently asked questions

• What percentage of Madison Square Garden Entertainment is owned by insiders or institutions?

  Currently 3.462% of Madison Square Garden Entertainment shares are held by insiders and 85.111% by institutions.

• How many people work for Madison Square Garden Entertainment?

  Latest data suggests 1,500 work at Madison Square Garden Entertainment.

• When does the fiscal year end for Madison Square Garden Entertainment?

  Madison Square Garden Entertainment's fiscal year ends in June.

• Where is Madison Square Garden Entertainment based?

  Madison Square Garden Entertainment's address is: Two Pennsylvania Plaza, New York, NY, United States, 10121

• What is Madison Square Garden Entertainment's ISIN number?

  Madison Square Garden Entertainment's international securities identification number is: US55826T1025

• What is Madison Square Garden Entertainment's CUSIP number?

  Madison Square Garden Entertainment's Committee on Uniform Securities Identification Procedures number is: 55826T102