Madison Square Garden Entertainment (NYSE:MSGE) Price Target Raised to $75.00 at JPMorgan Chase & Co.

Posted by George Bondi on Jul 21st, 2026

Madison Square Garden Entertainment (NYSE:MSGE – Get Free Report) had its target price lifted by JPMorgan Chase & Co. from $67.00 to $75.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential downside of 1.33% from the company’s previous close.

Other equities analysts have also issued research reports about the company. Weiss Ratings lowered Madison Square Garden Entertainment from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 4th. Morgan Stanley boosted their price objective on Madison Square Garden Entertainment from $70.00 to $80.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 23rd. BTIG Research reaffirmed a “buy” rating on shares of Madison Square Garden Entertainment in a research note on Thursday, May 21st. Susquehanna raised their target price on shares of Madison Square Garden Entertainment from $77.00 to $80.00 and gave the stock a “positive” rating in a report on Thursday, May 28th. Finally, Seaport Research Partners reissued a “neutral” rating on shares of Madison Square Garden Entertainment in a research report on Monday, June 29th. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Madison Square Garden Entertainment currently has a consensus rating of “Hold” and an average price target of $79.83.

Read Our Latest Analysis on Madison Square Garden Entertainment

Madison Square Garden Entertainment Price Performance

Shares of NYSE:MSGE traded down $0.63 on Tuesday, reaching $76.01. 79,432 shares of the company traded hands, compared to its average volume of 405,253. The stock has a market capitalization of $3.07 billion, a PE ratio of 74.62 and a beta of 0.54. The company has a debt-to-equity ratio of 11.40, a current ratio of 0.72 and a quick ratio of 0.72. The company’s 50 day moving average is $73.34 and its 200-day moving average is $64.74. Madison Square Garden Entertainment has a fifty-two week low of $35.31 and a fifty-two week high of $82.79.

Madison Square Garden Entertainment (NYSE:MSGE – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.03). The company had revenue of $246.26 million during the quarter, compared to analyst estimates of $242.99 million. Madison Square Garden Entertainment had a return on equity of 4,795.27% and a net margin of 4.81%.The business’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.17 earnings per share. As a group, analysts anticipate that Madison Square Garden Entertainment will post 1.34 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Philip Gerard D’ambrosio sold 9,907 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $74.48, for a total value of $737,873.36. Following the completion of the sale, the executive vice president owned 15,772 shares of the company’s stock, valued at $1,174,698.56. This trade represents a 38.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 16.41% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Madison Square Garden Entertainment by 5.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,679 shares of the company’s stock worth $775,000 after acquiring an additional 1,193 shares during the period. Millennium Management LLC acquired a new position in shares of Madison Square Garden Entertainment in the 1st quarter valued at about $4,994,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Madison Square Garden Entertainment in the 1st quarter valued at about $210,000. Jane Street Group LLC purchased a new stake in shares of Madison Square Garden Entertainment in the first quarter worth approximately $1,468,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Madison Square Garden Entertainment by 53.5% during the second quarter. JPMorgan Chase & Co. now owns 102,307 shares of the company’s stock worth $4,089,000 after purchasing an additional 35,678 shares during the period. 96.86% of the stock is owned by institutional investors and hedge funds.

About Madison Square Garden Entertainment

(Get Free Report)

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.