Seaport Res Ptn Issues Optimistic Outlook for MSGE Earnings

Madison Square Garden Entertainment Corp. (NYSE:MSGE) – Equities researchers at Seaport Res Ptn increased their Q2 2026 earnings per share (EPS) estimates for Madison Square Garden Entertainment in a research report issued on Wednesday, August 27th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings per share of $2.53 for the quarter, up from their prior forecast of $2.43. The consensus estimate for Madison Square Garden Entertainment’s current full-year earnings is $1.04 per share. Seaport Res Ptn also issued estimates for Madison Square Garden Entertainment’s FY2026 earnings at $1.79 EPS, Q1 2027 earnings at ($0.55) EPS, Q2 2027 earnings at $2.67 EPS, Q3 2027 earnings at $0.56 EPS and Q4 2027 earnings at ($0.18) EPS.

Madison Square Garden Entertainment (NYSE:MSGE) last issued its earnings results on Wednesday, August 13th. The company reported ($0.50) EPS for the quarter, missing the consensus estimate of ($0.47) by ($0.03). Madison Square Garden Entertainment had a negative return on equity of 458.14% and a net margin of 3.97%.The business had revenue of $154.14 million for the quarter, compared to the consensus estimate of $151.17 million. During the same quarter in the prior year, the firm posted $1.41 earnings per share. The business’s revenue was down 17.2% compared to the same quarter last year.

Other research analysts also recently issued reports about the company. Morgan Stanley lifted their target price on Madison Square Garden Entertainment from $41.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 12th. The Goldman Sachs Group lifted their target price on Madison Square Garden Entertainment from $36.00 to $41.00 and gave the stock a “buy” rating in a research note on Wednesday, May 7th. Finally, Wall Street Zen downgraded Madison Square Garden Entertainment from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $43.00.

Madison Square Garden Entertainment Stock Performance

Shares of NYSE MSGE opened at $40.90 on Friday. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 60.61. Madison Square Garden Entertainment has a 12 month low of $28.29 and a 12 month high of $44.14. The stock has a 50 day moving average of $39.03 and a 200-day moving average of $36.06. The company has a market capitalization of $1.94 billion, a P/E ratio of 53.81 and a beta of 0.44.

Institutional Trading of Madison Square Garden Entertainment

Institutional investors have recently added to or reduced their stakes in the company. KBC Group NV bought a new stake in Madison Square Garden Entertainment in the 1st quarter valued at $31,000. CWM LLC boosted its stake in Madison Square Garden Entertainment by 623.8% in the 2nd quarter. CWM LLC now owns 1,035 shares of the company’s stock valued at $41,000 after purchasing an additional 892 shares during the period. Cullen Frost Bankers Inc. raised its holdings in Madison Square Garden Entertainment by 163.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,086 shares of the company’s stock valued at $43,000 after acquiring an additional 673 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of Madison Square Garden Entertainment during the 1st quarter valued at $40,000. Finally, NBC Securities Inc. lifted its position in shares of Madison Square Garden Entertainment by 136,900.0% during the 1st quarter. NBC Securities Inc. now owns 1,370 shares of the company’s stock valued at $44,000 after acquiring an additional 1,369 shares during the period. 96.86% of the stock is currently owned by institutional investors.

About Madison Square Garden Entertainment

Madison Square Garden Entertainment Corp. engages in the provision of entertainment services. Its portfolio of venues includes The Garden, Radio City Music Hall, the Beacon Theatre, The Theater at Madison Square, and The Chicago Theatre. The company was founded in 1879 and is headquartered in New York, NY.