RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Sphere Entertainment Stock

Sphere Entertainment P/E 2024

Sphere Entertainment P/E

-6.64

Ticker

SPHR

ISIN

US55826T1025

As of Oct 2, 2024, Sphere Entertainment's P/E ratio was -6.64, a -515% change from the 1.6 P/E ratio recorded in the previous year.

The Sphere Entertainment P/E history

Sphere Entertainment Aktienanalyse

What does Sphere Entertainment do?

Madison Square Garden Entertainment Corp is a company that was founded in 2020 and is headquartered in New York City. The company is a leading provider of live entertainment experiences in the United States and employs over 3,000 employees. The history of Madison Square Garden Entertainment Corp dates back to 1879 when the first Madison Square Garden was opened in New York City. The building initially served as a venue for horse and dog shows, as well as boxing matches and circus performances. Over the years, the building has been renovated, expanded, and modernized to offer different types of live entertainment. Today, Madison Square Garden Entertainment Corp operates in various business sectors, including concerts, sports events, theater productions, comedy shows, and art and cultural events. The company offers a wide range of products and services tailored to the different interests and preferences of its customers. In the concerts sector, Madison Square Garden Entertainment Corp is one of the leading providers in the United States. The company organizes concerts by international stars such as Bruce Springsteen, Lady Gaga, Elton John, or Justin Timberlake. Emerging artists are also supported by the company to give them the chance to showcase their talent to a wide audience. In the sports events sector, Madison Square Garden Entertainment Corp organizes some of the most prestigious events such as the annual US Open in tennis or the Masters in golf. The company is also active in basketball and ice hockey, operating two of the most well-known NBA and NHL teams, the New York Knicks and the New York Rangers. The company also operates several theaters in New York City, offering a wide range of Broadway productions. Madison Square Garden Entertainment Corp also organizes annual events such as the Tony Awards ceremonies or the Macy's Thanksgiving Day Parade. Additionally, the company recently launched a new division called "MSG Sphere." This is a high-tech entertainment arena equipped with state-of-the-art AV, VR, and AI technology, aiming to provide viewers with a unique experience. Madison Square Garden Entertainment Corp has managed to establish itself as a leading provider of live entertainment in the United States over the years. The company offers its customers a wide range of events and products tailored to different interests and preferences. With the new division "MSG Sphere," the company is also focusing on innovative technologies to offer even more unique experiences in the future. Sphere Entertainment ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Sphere Entertainment's P/E Ratio

The Price to Earnings (P/E) Ratio of Sphere Entertainment is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Sphere Entertainment's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Sphere Entertainment is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Sphere Entertainment’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Sphere Entertainment stock

What is the price-to-earnings ratio of Sphere Entertainment?

The price-earnings ratio of Sphere Entertainment is currently -6.64.

How has the price-earnings ratio of Sphere Entertainment changed compared to last year?

The price-to-earnings ratio of Sphere Entertainment has increased by -515% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Sphere Entertainment high compared to other companies?

Yes, the price-to-earnings ratio of Sphere Entertainment is high compared to other companies.

How does an increase in the price-earnings ratio of Sphere Entertainment affect the company?

An increase in the price-earnings ratio of Sphere Entertainment would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Sphere Entertainment affect the company?

A decrease in the price-earnings ratio of Sphere Entertainment would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Sphere Entertainment?

Some factors that influence the price-earnings ratio of Sphere Entertainment are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Sphere Entertainment pay?

Over the past 12 months, Sphere Entertainment paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Sphere Entertainment is expected to pay a dividend of 0 USD.

What is the dividend yield of Sphere Entertainment?

The current dividend yield of Sphere Entertainment is .

When does Sphere Entertainment pay dividends?

Sphere Entertainment pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Sphere Entertainment?

Sphere Entertainment paid dividends every year for the past 0 years.

What is the dividend of Sphere Entertainment?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Sphere Entertainment located?

Sphere Entertainment is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Sphere Entertainment kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sphere Entertainment from 10/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/2/2024.

When did Sphere Entertainment pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of Sphere Entertainment in the year 2023?

In the year 2023, Sphere Entertainment distributed 0 USD as dividends.

In which currency does Sphere Entertainment pay out the dividend?

The dividends of Sphere Entertainment are distributed in USD.

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Andere Kennzahlen von Sphere Entertainment

Our stock analysis for Sphere Entertainment Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sphere Entertainment Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.