MSGE
Madison Square Garden Entertainment Corp. Consumer Cyclical - Leisure Investor Relations →
Madison Square Garden Entertainment Corp. (MSGE) closed at $56.16 as of 2026-03-20, trading 44.5% above its 200-week moving average of $38.85. The stock moved further from the line this week, up from 43.8% last week. The 14-week RSI sits at 53, indicating neutral momentum.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.82 ratio) is neutral — neither side is clearly dominating.
Over the past 104 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 +50.8%.
With a market cap of $2.7 billion, MSGE is a mid-cap stock. The company generates a free cash flow yield of 7.2%, which is healthy. Return on equity stands at 224.1%, indicating strong profitability. The stock trades at 73.7x 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 2.1 years, a hypothetical investment of $100 in MSGE would have grown to $143, compared to $127 for the S&P 500. That represents an annualized return of 18.8% vs 12.3% for the index — confirming MSGE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 5.4% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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 +50.3% after 12 months (median +51.0%), compared to +16.7% 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 +50.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2024 | Jul 2024 | 4 | 3.4% | +10.3% | +64.1% |
| Dec 2024 | Jan 2025 | 5 | 6.6% | +59.2% | +63.4% |
| Feb 2025 | May 2025 | 10 | 16.3% | +82.9% | +62.6% |
| Average | 6 | — | +50.8% | — |
Frequently Asked Questions
Is MSGE below its 200-week moving average?
No. Madison Square Garden Entertainment Corp. (MSGE) is currently 44.5% above its 200-week moving average of $38.85. It would need to fall to $38.85 to cross below the line.
What is MSGE's 200-week moving average price?
Madison Square Garden Entertainment Corp.'s 200-week moving average is $38.85 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MSGE drops below its 200-week moving average?
MSGE has crossed below its 200-week moving average 3 times in our data. On average, buying at that moment produced a one-year return of +50.8%. These dips have historically been decent entry points. These episodes lasted 6 weeks on average.
Is MSGE a good value right now?
Here's what our data says about MSGE as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 53. Free cash flow yield is 7.2%. Return on equity is 224.1%. Price-to-book is 73.7x. This is not a buy or sell recommendation — always do your own research.
How does MSGE compare to the S&P 500?
Over the past 2.1 years, $100 invested in MSGE would have grown to $143, compared to $127 for the S&P 500. That's 18.8% annualized vs 12.3% for the index. MSGE has outperformed the broader market over this period.
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 week of 2026-03-20