Madison Square Garden Entertainment Corp. (MSGE)
Madison Square Garden Entertainment Corp. operates in the Entertainment industry of the Communication Services sector, headquartered in New York City, NY, US. The stock last traded at $85.24, up 7.40% on the session, giving a market capitalisation of $4.03B. On trailing twelve-month figures it carries a trailing P/E of 144.47, a net margin of 3.2%. Its beta of 0.57 implies it has historically moved less than the broad market.
Madison Square Garden Entertainment Corp., founded in New York, New York, in 2006, operates within the entertainment sector. The company specializes in producing, presenting, and hosting a diverse array of live events. This includes concerts, family-oriented shows, and various special events, as well as sporting competitions such as professional boxing, collegiate basketball and hockey, professional bull riding, mixed martial arts, esports, and wrestling. These events are staged across its portfolio of iconic venues, including The Garden, Hulu Theater, Radio City Music Hall, and the Beacon Theatre in New York City, alongside The Chicago Theatre. Beyond live performances, MSG Entertainment manages a significant hospitality division, overseeing 70 entertainment dining and nightlife venues under brands like Tao, Marquee, Lavo, Beauty & Essex, Cathédrale, Hakkasan, and Omnia, spanning 20 markets across five continents. The company also organizes New England's leading music festival and proudly features the renowned Radio City Rockettes, who are the stars of its annual Christmas Spectacular at Radio City Music Hall.
Madison Square Garden Entertainment Corp. is most often compared with the following Communication Services names: