Madison Square Garden Sports Corp. (NYSE:MSGS – Free Report) – Equities researchers at Seaport Res Ptn lowered their FY2025 earnings estimates for shares of Madison Square Garden Sports in a research note issued on Sunday, May 4th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will earn ($1.18) per share for the year, down from their prior forecast of ($0.58). The consensus estimate for Madison Square Garden Sports’ current full-year earnings is $0.73 per share. Seaport Res Ptn also issued estimates for Madison Square Garden Sports’ Q4 2025 earnings at ($0.32) EPS, Q1 2026 earnings at ($1.01) EPS, Q3 2026 earnings at $2.13 EPS, Q4 2026 earnings at $0.05 EPS and FY2026 earnings at $1.41 EPS.
Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. cut their target price on shares of Madison Square Garden Sports from $240.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday. Morgan Stanley lowered their target price on Madison Square Garden Sports from $235.00 to $215.00 and set an “equal weight” rating for the company in a report on Monday. Guggenheim reiterated a “buy” rating and issued a $314.00 price target on shares of Madison Square Garden Sports in a report on Tuesday. Susquehanna initiated coverage on Madison Square Garden Sports in a research note on Monday, April 28th. They set a “positive” rating and a $254.00 price objective for the company. Finally, Macquarie lifted their target price on Madison Square Garden Sports from $240.00 to $250.00 and gave the company an “outperform” rating in a research note on Tuesday, February 25th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $252.60.
Madison Square Garden Sports Trading Up 1.2 %
Shares of MSGS stock opened at $191.13 on Wednesday. The stock has a market capitalization of $4.59 billion, a price-to-earnings ratio of 80.64 and a beta of 0.78. Madison Square Garden Sports has a twelve month low of $173.26 and a twelve month high of $237.99. The stock has a fifty day simple moving average of $191.88 and a two-hundred day simple moving average of $210.25.
Madison Square Garden Sports (NYSE:MSGS – Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported ($0.59) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($2.07). The firm had revenue of $424.20 million during the quarter, compared to the consensus estimate of $436.84 million. Madison Square Garden Sports had a negative return on equity of 20.50% and a net margin of 5.33%. The firm’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period last year, the company earned $1.57 EPS.
Institutional Investors Weigh In On Madison Square Garden Sports
Large investors have recently made changes to their positions in the stock. Wedbush Securities Inc. increased its holdings in shares of Madison Square Garden Sports by 6.5% in the first quarter. Wedbush Securities Inc. now owns 6,924 shares of the company’s stock valued at $1,348,000 after purchasing an additional 420 shares during the period. Garner Asset Management Corp purchased a new position in Madison Square Garden Sports during the 1st quarter worth approximately $528,000. Victory Capital Management Inc. lifted its stake in Madison Square Garden Sports by 523.2% during the 1st quarter. Victory Capital Management Inc. now owns 347,800 shares of the company’s stock valued at $67,724,000 after acquiring an additional 291,989 shares during the period. Edgestream Partners L.P. purchased a new stake in shares of Madison Square Garden Sports in the 1st quarter valued at $1,255,000. Finally, MQS Management LLC acquired a new stake in shares of Madison Square Garden Sports in the first quarter worth $651,000. 68.94% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Madison Square Garden Sports
In related news, insider F. Dolan 2009 Revocabl Charles sold 31,825 shares of Madison Square Garden Sports stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $189.92, for a total value of $6,044,204.00. Following the completion of the sale, the insider now directly owns 5,097 shares in the company, valued at $968,022.24. This trade represents a 86.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 22.10% of the company’s stock.
About Madison Square Garden Sports
Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League.
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