Madison Square GardenMSGS
Market Cap: $4.85B
About: Madison Square Garden Sports Corp owns and operates a portfolio of assets featuring some of the recognized sports teams, including the Knicks of the NBA and the Rangers of the NHL. It generates revenue from several sources: ticket sales and a portion of suite rental fees at The Garden and others. It has one operating and reportable segment and one reporting unit for goodwill impairment testing purposes.
Employees: 983
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
18% more funds holding in top 10
Funds holding in top 10: 11 [Q1] → 13 (+2) [Q2]
2% more capital invested
Capital invested by funds: $3.08B [Q1] → $3.15B (+$73M) [Q2]
0.22% more ownership
Funds ownership: 86.1% [Q1] → 86.32% (+0.22%) [Q2]
1% less funds holding
Funds holding: 305 [Q1] → 303 (-2) [Q2]
1% less call options, than puts
Call options by funds: $23.4M | Put options by funds: $23.6M
5% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 40
19% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 108
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Macquarie Paul Golding 63% 1-year accuracy 10 / 16 met price target | 16%upside $235 | Outperform Maintained | 16 Aug 2024 |
Financial journalist opinion
Based on 3 articles about MSGS published over the past 30 days