Madison Square GardenMSGE
Market Cap: 1.87B
About: Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The company's portfolio includes a collection of world-renowned venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 89 years.
Employees: 5,820
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
2,387% more call options, than puts
Call options by funds: $69.1M | Put options by funds: $2.78M
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
24% more capital invested
Capital invested by funds: $1.25B [Q4 2023] → $1.55B (+$297M) [Q1 2024]
7% more funds holding
Funds holding: 161 [Q4 2023] → 173 (+12) [Q1 2024]
0.29% more ownership
Funds ownership: 95.68% [Q4 2023] → 95.97% (+0.29%) [Q1 2024]
29% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 59
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
Goldman Sachs Stephen Laszczyk | 16%upside $45 | Buy Upgraded | 24 Jul 2024 |