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Stock of the Day: Madison Square Garden Entertainment

Madison Square Garden Entertainment
MSGE 90-day performance NYSE:MSGE Madison Square Garden Entertainment
Current Price
$52.98
+0.71 (+1.35%)
(As of 03:59 PM ET)
30 Day Performance
13.66%
  
 
90 Day Performance
24.12%
  
 
1 Year Performance
43.52%
  
 
Market Capitalization
$2.14B
P/E Ratio
75.68
Price Target
$45.50

Madison Square Garden Entertainment Corp. (NYSE: MSGE) is a premier live entertainment company focused on producing and hosting a wide range of events across North America. Established as a separate publicly traded entity in April 2020 through a spin-off from Madison Square Garden Company, MSGE owns and operates iconic venues such as Madison Square Garden in New York City, Radio City Music Hall, The Chicago Theatre and Sphere in Las Vegas. These facilities serve as flagship stages for concerts, sports events, family shows and cultural performances.

The company’s core business activities center on venue management, event promotion and production services. MSGE books and presents headline touring artists, family entertainment franchises and seasonal spectacles—most notably the annual Radio City Christmas Spectacular. In addition to marquee concerts and live theatre, MSGE offers tailored packages for corporate and private events, blending catering, hospitality and technical support to deliver end-to-end event solutions.

Sphere in Las Vegas represents MSGE’s foray into next-generation immersive entertainment. Featuring a domed structure with high-resolution LED screens and spatial audio, Sphere is designed to host unique multimedia performances and cinematic experiences. This investment underlines the company’s commitment to innovation in live content delivery, expanding its reach beyond traditional arena shows into cutting-edge, tech-driven experiences.

Under the leadership of Chairman and Chief Executive Officer James L. Dolan, Madison Square Garden Entertainment continues to leverage its portfolio of historic venues and new-build projects to deepen audience engagement. With a focus on expanding its digital presence and exploring global touring partnerships, the company aims to maintain its position as a leader in the live entertainment industry.

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