Madison Square Garden Entertainment (NYSE:MSGE) Stock Rating Raised to Buy at Wall Street Zen

Posted by Geri Gentry on Oct 4th, 2026

Wall Street Zen upgraded shares of Madison Square Garden Entertainment (NYSE:MSGE – Free Report) from a hold rating to a buy rating in a research note released on Saturday morning,Wall Street Zen reports.

A number of other analysts have also weighed in on MSGE. JPMorgan Chase & Co. increased their price objective on Madison Square Garden Entertainment from $75.00 to $83.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Madison Square Garden Entertainment in a research note on Friday, July 31st. Piper Sandler assumed coverage on shares of Madison Square Garden Entertainment in a report on Thursday, August 20th. They set a “neutral” rating and a $86.00 price target for the company. Seaport Research Partners reissued a “neutral” rating on shares of Madison Square Garden Entertainment in a research report on Monday, June 29th. Finally, Susquehanna raised their price target on shares of Madison Square Garden Entertainment from $80.00 to $103.00 and gave the stock a “positive” rating in a report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $91.62.

Get Our Latest Stock Analysis on Madison Square Garden Entertainment

Madison Square Garden Entertainment Stock Down 0.1%

MSGE opened at $79.94 on Friday. The company has a market cap of $3.23 billion, a P/E ratio of 57.93 and a beta of 0.55. The business’s 50-day moving average price is $79.29 and its 200-day moving average price is $72.12. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 11.80. Madison Square Garden Entertainment has a 12 month low of $41.65 and a 12 month high of $90.41.

Madison Square Garden Entertainment (NYSE:MSGE – Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported ($0.21) earnings per share for the quarter, beating the consensus estimate of ($0.44) by $0.23. Madison Square Garden Entertainment had a return on equity of 480.83% and a net margin of 6.24%.The company had revenue of $196.32 million during the quarter, compared to analysts’ expectations of $166.62 million. During the same period in the prior year, the business posted ($0.57) EPS. Madison Square Garden Entertainment’s quarterly revenue was up 27.4% compared to the same quarter last year. On average, equities analysts expect that Madison Square Garden Entertainment will post 2.5 EPS for the current year.

Institutional Investors Weigh In On Madison Square Garden Entertainment

A number of large investors have recently modified their holdings of the stock. The Manufacturers Life Insurance Company lifted its position in Madison Square Garden Entertainment by 1.2% during the 1st quarter. The Manufacturers Life Insurance Company now owns 17,519 shares of the company’s stock valued at $1,032,000 after acquiring an additional 212 shares during the period. Nykredit A S purchased a new stake in Madison Square Garden Entertainment in the second quarter worth about $46,000. Pictet Asset Management Holding SA grew its holdings in Madison Square Garden Entertainment by 19.6% in the first quarter. Pictet Asset Management Holding SA now owns 5,619 shares of the company’s stock worth $331,000 after purchasing an additional 921 shares during the period. Sanctuary Advisors LLC increased its stake in shares of Madison Square Garden Entertainment by 22.1% during the first quarter. Sanctuary Advisors LLC now owns 6,877 shares of the company’s stock valued at $405,000 after purchasing an additional 1,245 shares in the last quarter. Finally, Fifth Third Bancorp bought a new position in shares of Madison Square Garden Entertainment during the first quarter valued at approximately $113,000. Institutional investors own 96.86% of the company’s stock.

Madison Square Garden Entertainment Company Profile

(Get Free Report)

Madison Square Garden Entertainment Corp. (NYSE: MSGE) is a live entertainment company that owns, operates and produces experiences at prominent venues. Its portfolio includes Madison Square Garden and Radio City Music Hall in New York City, the Beacon Theatre in New York, and The Chicago Theatre in Chicago.

The company presents concerts, comedy shows, family entertainment, theatrical productions and other cultural events. It is also known for producing the Radio City Christmas Spectacular, featuring the Rockettes, and for developing original entertainment and hospitality experiences connected with its venues.

Madison Square Garden Entertainment was established as an independent public company following the separation of the entertainment businesses from Madison Square Garden Sports Corp.