The crystalline structure, magnetism, and magnetocaloric effect of a single crystal grown with the laser-diode-heated floating-zone technique have been studied. The single crystal crystallizes into an orthorhombic structure with the space group at room temperature. Upon cooling, under a magnetic field of 0.1 T, it undergoes a magnetic phase transition at K with ions forming a canted antiferromagnetic (AFM) structure, accompanied by weak ferromagnetism. Subsequently, a spin reorientation takes place at K due to magnetic couplings. Finally, the long-range AFM order of ions establishes at K. Taking into account the temperature-(in)dependent components of moments, we obtained an ideal model for describing the paramagnetic behavior of ions within 30–140 K. We observed a magnetic reversal (positive negative positive) at 50 Oe with a minimum centering around 162 K. In the studied temperature range of 1.8–300 K, there exists a strong competition between magnetic susceptibilities of and ions, leading to puzzling magnetic phenomena. We have built the magnetic-field-dependent phase diagrams of , , and , shedding light on the nature of the intriguing magnetism. Moreover, we calculated the magnetic entropy change and obtained a maximum value at 6 K and T, i.e., J/kg K. Among all ( rare earths, 7–14) compounds, the single-crystal compound exhibits the highest magnetic entropy change, as well as an enhanced adiabatic temperature, creating a prominent magnetocaloric effect for potential application in magnetic refrigeration.