Madison Square GardenMSGS
MSGS
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
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
63% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 30
5% more funds holding
Funds holding: 304 [Q2] → 320 (+16) [Q3]
5% more capital invested
Capital invested by funds: $3.25B [Q2] → $3.42B (+$167M) [Q3]
4.41% less ownership
Funds ownership: 88.93% [Q2] → 84.52% (-4.41%) [Q3]
10% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 105
11% less call options, than puts
Call options by funds: $27.3M | Put options by funds: $30.6M
38% less funds holding in top 10
Funds holding in top 10: 13 [Q2] → 8 (-5) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$240
11%
upside
Avg. target
$240
11%
upside
High target
$240
11%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Macquarie Paul Golding 71% 1-year accuracy 32 / 45 met price target | 11%upside $240 | Outperform Maintained | 6 Nov 2024 |
Financial journalist opinion
Based on 3 articles about MSGS published over the past 30 days
Neutral
PRNewsWire
6 days ago
WATERLOO SPARKLING WATER NAMED AN OFFICIAL PARTNER OF THE NEW YORK RANGERS AND MADISON SQUARE GARDEN
Waterloo Sparkling Water to be Available at Concession Stands Throughout MSG, Including at a New Dedicated Concession Stand, Providing Fans with Even More Beverage Options at The World's Most Famous Arena NEW YORK , Jan. 14, 2025 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) ("MSG Sports") and Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment") announced today a partnership with Waterloo Sparkling Water, naming the brand known for its authentic flavors and lively carbonation an official partner of the New York Rangers and Madison Square Garden. With this new partnership, fans can now enjoy refreshing Waterloo Sparkling Water products at concession stands throughout Madison Square Garden, including at a brand-new Waterloo dedicated concession stand on The Garden's sixth floor Infosys Level concourse.
Negative
Seeking Alpha
1 week ago
Using SA's Stock Screener: Sell 6 Overvalued Blue Chips, With Stagnating Growth
Seeking Alpha's Quant Valuation and Growth Grades identify 6 blue-chip stocks with extremely high valuations matched against limited operating growth potential. Costco, Cencora, West Pharmaceutical Services, Danaher, Madison Square Garden Sports, and Estée Lauder appear to be at risk of disappointing investors in 2025. Weakening technical performance vs. the S&P 500 is part of the bearish sell/avoid equation for each since summer.
Neutral
Benzinga
2 weeks ago
Optimum-MSGN Standoff Could Pressure MSG Networks' Finances: Analyst
JP Morgan analyst David Karnovsky shared views on the impact of the Optimum-MSGN carriage battle on Sphere Entertainment Co. SPHR and Madison Square Garden Sports Corp. MSGS.
Positive
Zacks Investment Research
2 months ago
Madison Square Garden (MSGS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Madison Square Garden (MSGS) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
2 months ago
Madison Square Garden (MSGS) Reports Q1 Loss, Tops Revenue Estimates
Madison Square Garden (MSGS) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.88. This compares to loss of $0.79 per share a year ago.
Neutral
PRNewsWire
2 months ago
MADISON SQUARE GARDEN SPORTS CORP. REPORTS FISCAL 2025 FIRST QUARTER RESULTS
NEW YORK , Nov. 1, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal first quarter ended September 30, 2024. Last month, the New York Knicks ("Knicks") and New York Rangers ("Rangers") began their 2024-25 regular seasons at the Madison Square Garden Arena.
Neutral
PRNewsWire
2 months ago
Madison Square Garden Sports Corp. to Release Fiscal 2025 First Quarter Results
NEW YORK , Oct. 28, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) will issue a press release on Friday, November 1, 2024 before the market opens reporting results for its fiscal first quarter ended September 30, 2024. The Company generally hosts two earnings conference calls per year, one for its fiscal second quarter and one for its fiscal fourth quarter – which schedule allows for a mid-season update, followed by a full-season review.
Neutral
PRNewsWire
3 months ago
NEW YORK RANGERS AND BENJAMIN MOORE RENEW AND EXPAND SIGNATURE MULTI-YEAR PARTNERSHIP
Benjamin Moore Remains In-Game Helmet Sponsor and Expands Sponsorship as the Official Paint, Stain and Coatings Partner of the NY Rangers NEW YORK , Oct. 10, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) announced today the renewal and expansion of their marketing partnership with Benjamin Moore, a Berkshire Hathaway company and a leader in paint, color and coatings. As part of the partnership, Benjamin Moore remains the Rangers in-game helmet sponsor, with a logo on either side of each player worn helmet during all home and away pre-season, regular season and if applicable, post-season games, with the exception of any NHL-controlled games.
Neutral
PRNewsWire
3 months ago
THE MSG FAMILY OF COMPANIES AND VERIZON EXPAND PARTNERSHIP, NAMING VERIZON THE OFFICIAL MOBILE WIRELESS PARTNER ACROSS THE COMPANIES' PORTFOLIO
New Verizon Access Platform Offers Customers Exclusive Access to Live Events at Madison Square Garden, Radio City Music Hall, Beacon Theatre, The Theater at MSG, The Chicago Theatre and Sphere Partnership Includes Creation of Two Verizon-Branded Hospitality Spaces at Madison Square Garden NEW YORK , Oct. 4, 2024 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) ("MSG Entertainment"), Madison Square Garden Sports Corp. (NYSE: MSGS) ("MSG Sports") and Sphere Entertainment Co. (NYSE: SPHR) (together, the "MSG Family of Companies") announced today an expanded partnership with Verizon (NYSE: VZ), naming America's leading telecommunications company the Official Mobile Wireless Partner across the MSG Family of Companies. This first-of-its-kind integrated marketing partnership provides exposure for Verizon across the MSG Family of Companies' portfolio of premier sports and entertainment assets, which includes New York's Madison Square Garden, Radio City Music Hall, The Theater at Madison Square Garden, Beacon Theatre; The Chicago Theatre; Sphere in Las Vegas; the New York Knicks, New York Rangers and Westchester Knicks professional sports franchises; the Christmas Spectacular Starring the Radio City Rockettes; and MSG Networks.
Negative
Benzinga
3 months ago
Top 2 Tech And Telecom Stocks That Are Ticking Portfolio Bombs
As of Oct. 3, 2024, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Charts implemented using Lightweight Charts™