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Madison Square Garden Entertainment Corp. (MSGE)

NYSE - NYSE Delayed Price. Currency in USD
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66.21-1.24 (-1.84%)
At close: 04:00PM EST
66.21 0.00 (0.00%)
After hours: 06:03PM EST
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  • R
    R
    Madison Square Garden alone is worth the market cap...and they have a billion in cash. It doesn't make sense. I thought this would be the top opening up play.
  • Y
    Yahoo Finance Insights
    Madison Square Garden Entertainment is up 6.23% to 67.00
  • G
    GNOME ON THE RANGE
    Billy Joel thrilled a sold-out crowd at MSG last night and the Dave Matthews Band will be performing next weekend. The Knicks & Rangers have been averaging over 17,000 fans a night and the Rockettes are kicking it at RCMH, the season started on November 5th. Looks like a great reopening investment now, perhaps an upgrade next week after earnings (10:00 a.m. Eastern Time) on Tuesday?
  • J
    Janet
    Refused to sell this because I've been so solid in my thesis. Done the numbers a million times, it just didn't make sense and knew eventually itd kick back to fair value and maybe even price in some growth w the sphere. we're getting there.
  • J
    Jonathon
    Is this just the market freaking about the Nu variant or have I missed something?
  • c
    contrarian
    Sum of the parts analysis, conservatively calculated:

    MSG Arena 1500m
    Radio City Music Hall/Xmas Spectacular 200m
    Beacon Theater, Hulu, Chicago Theater, Rockettes 200m
    Tao/Hakkasan 400m (way below purchase prices)
    Networks 800m
    Cash 1170m
    air rights 500m (probably triple due to Penn Station renovation and Vornado activities)
    Sphere 0m (may fail)

    - 954m debt

    = 3.616 bn USD enterprise value minimum. Equates to 50% upside minimum in the stock valuation.
  • J
    Janet
    Pretty meh, MSGN bleeding out to a slow death still, 6.5% decrease in subscribers and 16m decrease in revenue from the pandemic. Hospitality just starting to wake up. Next quarter we ride.
  • Y
    Yahoo Finance Insights
    Madison Square Garden Entertainment is down 6.20% to 64.46
  • J
    James
    John Rogers Ariel funds doubled down on MSGE in Q3. Now it’s largest holding. Also took a position in sports.
  • J
    Johnny7321..923
    It’s overpriced for a company doesn’t have profit. Wait until it rocks bottom and buy more shares.
  • B
    Bobby
    Significantly under fair value. Revenue is really picking quarter by quarter (more than doubled qoq). Earnings are expected to grow well over 100% with revenue growth of 37% per year from here. Price/book is under 1 now. MSGE beginning to reopen just about everything now.
  • J
    Johnny7321..923
    The price is overrated for a 6 months old company that has made zero profit.
  • Y
    Yahoo Finance Insights
    Madison Square Garden Entertainment is down 6.47% to 64.42
  • E
    Eddie
    Knicks season starts in 2 weeks... Covid restrictions ease November 1st..... This stock is a Ewing slam dunk to go to 80 and probably much higher which is why I bought options and more stock at these levels.
  • Y
    Yahoo Finance Insights
    Madison Square Garden Entertainment is down 6.04% to 76.59
  • Y
    Yahoo Finance Insights
    Madison Square Garden Entertainment is up 5.58% to 77.53
  • E
    Eddie
    Boom! Multi year Verizon deal!!
  • J
    Janet
    good lord.
  • B
    Bobby
    The China crackdown should bode well for MSGE. Places where MSGE has a presence like NYC, Vegas, and London should see a big increase in tourism due to China's actions against pretty much anything entertainment related.