Madison Square Garden Sports Corp. (NYSE:MSGS – Free Report) – Stock analysts at Seaport Res Ptn decreased their FY2025 earnings estimates for shares of Madison Square Garden Sports in a research report issued to clients and investors on Tuesday, February 4th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will earn $0.65 per share for the year, down from their previous estimate of $0.94. The consensus estimate for Madison Square Garden Sports’ current full-year earnings is $0.81 per share. Seaport Res Ptn also issued estimates for Madison Square Garden Sports’ Q4 2025 earnings at ($1.01) EPS and FY2026 earnings at $2.36 EPS.
Separately, Macquarie increased their price target on shares of Madison Square Garden Sports from $235.00 to $240.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th.
Madison Square Garden Sports Trading Up 0.7 %
NYSE MSGS opened at $210.25 on Friday. Madison Square Garden Sports has a 1 year low of $178.35 and a 1 year high of $237.99. The company has a fifty day simple moving average of $222.18 and a 200 day simple moving average of $214.88. The company has a market cap of $5.04 billion, a P/E ratio of 72.25 and a beta of 0.91.
Madison Square Garden Sports (NYSE:MSGS – Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.25). The firm had revenue of $357.80 million for the quarter, compared to the consensus estimate of $352.68 million. Madison Square Garden Sports had a negative return on equity of 23.81% and a net margin of 6.75%. Madison Square Garden Sports’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.59 earnings per share.
Hedge Funds Weigh In On Madison Square Garden Sports
Hedge funds have recently made changes to their positions in the business. Allworth Financial LP raised its stake in shares of Madison Square Garden Sports by 81.4% in the 4th quarter. Allworth Financial LP now owns 127 shares of the company’s stock valued at $28,000 after buying an additional 57 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of Madison Square Garden Sports by 119.0% in the 4th quarter. Fifth Third Bancorp now owns 138 shares of the company’s stock valued at $31,000 after buying an additional 75 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of Madison Square Garden Sports in the 4th quarter valued at $43,000. Venturi Wealth Management LLC raised its stake in shares of Madison Square Garden Sports by 31.2% in the 3rd quarter. Venturi Wealth Management LLC now owns 223 shares of the company’s stock valued at $46,000 after buying an additional 53 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Madison Square Garden Sports by 35.3% in the 4th quarter. Versant Capital Management Inc now owns 234 shares of the company’s stock valued at $53,000 after buying an additional 61 shares in the last quarter. Institutional investors and hedge funds own 68.94% of the company’s stock.
Madison Square Garden Sports Company Profile
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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