Madison Square Garden Entertainment (MSGE)

Communication Services · Entertainment
$80.84 -1.00% on the day Market cap $4.0B 52-week range $41.69 to $90.41 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Madison Square Garden Entertainment's free cash flow isn't comparable to its market value here, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

D

Five factors scored 1 to 9 from MSGE's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation3
Profitability6
Growth7
Financial health1

Results from SEC filings

Fiscal years, from Madison Square Garden Entertainment's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20222023202420252026
Revenue$582M$780M$959M$943M$1.1B
Net income-$133M$77M$144M$37M$66M
Free cash flow—————
EPS (diluted)-$2.58$1.47$2.97$0.77$1.38
Operating margin-0.97%13.5%11.7%13.0%13.3%

Where the revenue comes from

Revenue by products, fiscal 2026. Every breakdown, year by year.

Revenues from entertainment offerings$810M76%
Food, beverage, and merchandise direct operating expenses$164M15%
Arena license fees and other leasing revenue$86M8%

Superinvestors who own MSGE

From each investor's latest 13F filing (what a 13F shows). 7 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
John Rogers
Ariel Investments
Trimmed $429M4.3%Q2 2026
Hersh Cohen
ClearBridge Investments
Trimmed $60M0.05%Q2 2026
Mario Gabelli
GAMCO Investors
Trimmed $49M0.44%Q2 2026
Mark Boyar
Boyar Asset Management
Trimmed $4M2.5%Q2 2026
Murray Stahl
Horizon Kinetics LLC
Trimmed $3M0.03%Q2 2026
Cliff Asness
AQR Capital Management
Added $3M0.00%Q2 2026
Joel Greenblatt
Gotham Asset Management
Trimmed $1M0.00%Q2 2026

Insider buying

Open-market purchases by Madison Square Garden Entertainment's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of MSGE in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Madison Square Garden Entertainment insiders buying the stock?

No open-market insider purchases of MSGE in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Madison Square Garden Entertainment?

7 of the superinvestors Investingly tracks hold MSGE in their latest 13F, including John Rogers, Hersh Cohen, Mario Gabelli.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.