MSGE Stock Summary and Trading Ideas (Madison Square Garden Entertainment Corp. Class A | NYSE:MSGE)

Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The company's portfolio includes a collection of world-renowned venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 89 years.

Madison Square Garden Entertainment Corp. Class A trades on the NYSE stock market under the symbol MSGE.

As of March 5, 2025, MSGE stock price declined to $32.71 with 434,138 million shares trading.

MSGE has a beta of 0.94, meaning it tends to be less sensitive to market movements. MSGE has a correlation of 0.19 to the broad based SPY ETF.

MSGE has a market cap of $1.56 billion. This is considered a Small Cap stock.

Last quarter Madison Square Garden Entertainment Corp. Class A reported $407 million in Revenue and $1.56 earnings per share. This beat revenue expectation by $6 million and missed earnings estimates by -$.43.

In the last 3 years, MSGE traded as high as $84.57 and as low as $27.55.

The top ETF exchange traded funds that MSGE belongs to (by Net Assets): VTI, IWM, VB, VXF, VBK.

MSGE has underperformed the market in the last year with a price return of -14.2% while the SPY ETF gained +15.2%. MSGE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -15.4% and -11.7%, respectively, while the SPY returned -3.7% and -4.6%, respectively.

MSGE support price is $32.38 and resistance is $33.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MSGE shares will trade within this expected range on the day.