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Ariel Appreciation Fund's investment thesis on Madison Square Garden Entertainment Corp. ($MSGE) — Q4 2024 | Buyside Digest

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$MSGENASDAQMadison Square Garden Entertainment Corp.

BULL

Ariel Appreciation Fund—MSGE

Fund Letter

Q4 2024

Published December 31, 2024

View Fund Profile

$78.30USD

+1.1% vs last month

$35.89Pitched

+118.2% since pitch

Market Cap$3.6B

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

MSGE shares declined because of lowered fiscal year 2025 operating income guidance caused by temporary tour cancellations and transitioned marketing costs. The company's exceptional...

— John W. Rogers

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What other investors think about $MSGE, and what else Ariel Appreciation Fund is buying.

Other pitches on $MSGE

Other investors who've written on Madison Square Garden Entertainment Corp.

Ariel Focus FundNEUTRAL

Pitched Jul 17, 2026

MSGE leverages its irreplaceable physical venues and strong pricing power to capture resilient demand in live entertainment. Strong financial positioning...

View all $MSGE pitches →