MSGE
Madison Square Garden Entertainment Corp. Consumer Cyclical - Leisure Investor Relations →
Madison Square Garden Entertainment Corp. (MSGE) closed at $60.85 as of 2026-02-02, trading 60.2% above its 200-week moving average of $37.99. The stock is currently moving closer to the line, down from 63.5% last week. With a 14-week RSI of 85, MSGE is in overbought territory.
Over the past 98 weeks of data, MSGE has crossed below its 200-week moving average 3 times. On average, these episodes lasted 6 weeks. Historically, investors who bought MSGE at the start of these episodes saw an average one-year return of +34.8%.
With a market cap of $2.9 billion, MSGE is a mid-cap stock. The company generates a free cash flow yield of 6.6%, which is healthy. Return on equity stands at 224.1%, indicating strong profitability. The stock trades at 79.9x book value.
The company has been aggressively buying back shares, reducing its share count by 8.0% over the past three years.
Over the past 2 years, a hypothetical investment of $100 in MSGE would have grown to $155, compared to $135 for the S&P 500. That represents an annualized return of 24.6% vs 16.3% for the index — confirming MSGE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 5.4% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: MSGE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MSGE Crosses Below the Line?
Across 3 historical episodes, buying MSGE when it crossed below its 200-week moving average produced an average return of +48.0% after 12 months (median +51.0%), compared to +17.0% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year.
Each line shows $100 invested at the moment MSGE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MSGE has crossed below its 200-week MA 3 times with an average 1-year return of +34.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2024 | Jul 2024 | 4 | 3.4% | +10.3% | +77.8% |
| Dec 2024 | Jan 2025 | 5 | 6.6% | +59.2% | +77.0% |
| Feb 2025 | May 2025 | 10 | 16.3% | N/A | +76.2% |
| Average | 6 | — | +34.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02