MADISON SQUARE GARDEN ENTERTAINMENT CORP.
In the published model solve dated 2026-Q2, anchored at $78.30, MADISON SQUARE GARDEN ENTERTAINMENT CORP. (MSGE) is priced for today's economics sustained for ~5.8 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• MSG Entertainment owns and operates a small set of irreplaceable venues anchored by Madison Square Garden, and its principal revenue stream is leasing and live events the 10-K describes as the business's ⟦"principal revenue stream"⟧. • The biggest risk is that the price already pays roughly 24x operating income, a multiple that needs years of high-teens operating-income growth from a venue business whose Q3 operating income just fell 41% year over year. • Watch concert booking pace into fiscal
Is MSGE overvalued? See what's priced in →
234 institutional managers reported holding MSGE in 13F filings for the quarter ended 2026-03-31. Together they hold about 84% of the company; the top 10 hold 51%. 34 opened new positions that quarter. Held by Vanguard Group, BlackRock, Point72, among others. On the short side, 1.6M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (3.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
Open-market insider buys at MSGE over the trailing three years: 2024: 1 buy totaling $206k. 12 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
MSGE's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-11-08 | -2.9% | +4.0% |
| 2024-02-08 | +6.9% | +7.2% |
| 2024-05-10 | -6.5% | +0.2% |
| 2024-08-17 | +4.8% | +7.2% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
MSGE's latest 8-K filings: 2026-08-12 (items 2.02, 9.01); 2026-06-08 (items 7.01); 2026-05-07 (items 2.02, 9.01); 2026-03-27 (items 5.02, 9.01); 2026-02-03 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.