Stocks · Communication Services · Entertainment
Madison Square Garden Entertainment Corp. MSGE
$79.87 -0.22% Close, Oct 2, 2026 · NYSE · Market cap $3.78B
Strong growthStrong trend
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $1.38, up 81.6% year over year.
- The stock is in an uptrend: above its 200-day average for 327 trading days, with the 50-day average above the 200-day.
- Over the past year the stock returned +67.8%, ahead of the S&P 500 by 52.7 percentage points.
PromtFinance scores
Each score is a percentile within the Communication Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 30%
- EPS growth (TTM, YoY)Top 19%
- FCF growth (TTM, YoY)Top 6%
- Revenue growth, 3-year CAGRTop 41%
- Revenue growth accelerationTop 11%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 42%
- Gross marginBottom 37%
- Operating marginTop 31%
- Cash conversion (OCF / net income)Top 17%
- Accruals (lower is better)Top 40%
- Net debt / EBITDA (lower is better)Top 41%
- Interest coverTop 37%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 44%
- Free-cash-flow yieldTop 27%
- EBITDA / enterprise valueTop 46%
- Sales / enterprise valueBottom 22%
- P/E vs own 5-year history (lower is better)Bottom 21%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 9%
- 6-month returnTop 18%
- 1-year return vs S&P 500Top 8%
- Distance from 52-week highTop 17%
- Trend checklist (0–4)Top 6%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 45%
- Consecutive EPS beatsBottom 47%
- Share of analysts rating BuyBottom 38%
- Upside to consensus price targetBottom 23%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 35%
- Maximum drawdown, 3 yearsTop 19%
- Beta vs S&P 500 (lower is better)Top 49%
- Net debt / EBITDA (lower is better)Top 41%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 4.5% | 12.5% | ↑ |
| EPS growth (YoY) | -62.8% | 81.6% | ↑ |
| Gross margin | 45.6% | 45.1% | ↓ |
| Operating margin | 14.0% | 13.3% | ↓ |
| FCF margin | 9.9% | 41.6% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 12.5% | 4.5% | ↑ | Top 30% |
| EPS growth (TTM, YoY) | 81.6% | -62.8% | ↑ | Top 19% |
| Gross margin | 45.1% | 45.6% | ↓ | Bottom 37% |
| Operating margin | 13.3% | 14.0% | ↓ | Top 31% |
| Net margin | 6.2% | 4.0% | ↑ | — |
| Free-cash-flow margin | 41.6% | 9.9% | ↑ | — |
| Return on invested capital | 2.5% | — | Bottom 42% | |
| Revenue growth, 3-year CAGR | 7.6% | — | Top 41% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -10.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 5.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +53.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.32×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.48%
- Shareholder yield
- 0.48%
- Share count change, 1 year
- +0.8%
- Share count change, 3-year CAGR
- -2.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 12, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- +8.9%
- Average 2-day reaction, last 8
- -0.7%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $92.33
- Target vs current price
- +15.6%
- Analysts with a rating
- 13
- Share rating Buy or Strong Buy
- 46%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 12, 2026 | +52.3% | +11.4% | +3.2% | -3.9% | — |
| May 7, 2026 | -21.4% | -0.3% | -1.1% | +6.5% | +15.0% |
| Feb 3, 2026 | -17.4% | -2.6% | -2.0% | -1.9% | +4.5% |
| Nov 6, 2025 | +22.0% | -0.6% | +9.0% | +15.7% | +35.5% |
| Aug 13, 2025 | -6.4% | -8.5% | -6.6% | +6.3% | +10.7% |
| May 6, 2025 | -32.0% | +4.8% | +10.1% | +9.3% | +11.2% |
| Feb 6, 2025 | -36.6% | -0.3% | +7.3% | -10.0% | -6.5% |
| Nov 8, 2024 | +48.7% | -9.1% | -16.9% | -12.8% | -17.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 12, 2026 | -$0.21 | -$0.44 | +52.3% | $196.3M |
| May 7, 2026 | $0.11 | $0.14 | -21.4% | $246.3M |
| Feb 3, 2026 | $1.94 | $2.35 | -17.4% | $459.9M |
| Nov 6, 2025 | -$0.46 | -$0.59 | +22.0% | $158.3M |
| Aug 13, 2025 | -$0.50 | -$0.47 | -6.4% | $154.1M |
| May 6, 2025 | $0.17 | $0.25 | -32.0% | $242.5M |
| Feb 6, 2025 | $1.56 | $2.46 | -36.6% | $407.4M |
| Nov 8, 2024 | -$0.40 | -$0.78 | +48.7% | $134.1M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 57.9× | 34.5× | 69th | Top 44% |
| P/E (forward) | 33.0× | — | — | — |
| EV / EBITDA | 15.1× | — | — | Top 46% |
| EV / Sales | 3.90× | — | — | Bottom 22% |
| Free-cash-flow yield | 11.68% | — | — | Top 27% |
| Earnings yield | 1.73% | — | — | Top 44% |
P/E over the past five years
Range 10.7× – 64.7× since Jun 30, 2023. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +67.8%
- Earnings per share growth (TTM)
- +81.6%
- Change in P/E multiple
- +25.1%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 7
- Days above the 200-day average
- 327
- 50-day average slope (20 days)
- +1.3%
- 200-day average slope (20 days)
- +4.4%
- Distance from 50-day average
- +0.8%
- Distance from 200-day average
- +17.5%
- RSI (14)
- 51.5
- Relative volume
- 0.96×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 35.7%
- Volatility vs own 5-year history
- 48th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.89
- Correlation with S&P 500
- 0.42
- Current drawdown from 1-year high
- -9.7%
- Maximum drawdown, 3 years
- -33.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 8, 2021 | Nov 9, 2023 | -75.9% | 675 days | Not yet recovered |
| Dec 31, 2020 | Jan 29, 2021 | -15.5% | 19 days | 19 days (Feb 26, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $3.78B
- P/E (TTM)
- 57.9
- EPS, diluted (TTM)
- $1.38
- Revenue (TTM)
- $1.06B
- 52-week range
- $41.65 – $90.41
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $653.5M | $851.5M | $959.3M | $942.7M | $1.06B |
| Gross profit | $258.7M | $351.6M | $412.2M | $407.1M | $478.5M |
| Operating income | -$5.6M | $105.0M | $111.9M | $134.3M | $141.5M |
| Net income | -$133.3M | $76.6M | $144.3M | $37.4M | $66.2M |
| EPS (diluted) | -$2.61 | $1.47 | $2.97 | $0.77 | $1.38 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $138.7M | $407.4M | $242.5M | $154.1M | $158.3M | $459.9M | $246.3M | $196.3M |
| Net income | -$19.3M | $75.9M | $8.0M | -$27.2M | -$21.7M | $92.7M | $5.1M | -$10.0M |
| EPS (diluted) | -$0.40 | $1.56 | $0.17 | -$0.57 | -$0.46 | $1.94 | $0.11 | -$0.21 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $95.4M | $135.7M | $111.3M | $115.3M | $102.6M |
| Capital expenditure | -$15.8M | -$15.2M | -$24.2M | -$22.2M | -$19.4M |
| Free cash flow | $79.6M | $120.5M | $87.1M | $93.1M | $83.2M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $0 | -$25.0M | -$50.9M | -$39.7M | $7.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $552.0M
- Total assets
- $4.04B
- Total liabilities
- $1.81B
- Total debt
- $913.3M
- Net debt
- $361.3M
- Shareholders’ equity
- $2.23B
As of Jun 30, 2026 (filed Aug 12, 2026).
Short interest
- Shares sold short
- 1,454,056
- Days to cover
- 3.82
- Change vs previous report
- +32.5%
FINRA short interest, settlement date Sep 15, 2026.