Seaport Res Ptn Has Negative Outlook of MSGS FY2025 Earnings

The Madison Square Garden Company (NYSE:MSGS - Free Report) - Stock analysts at Seaport Res Ptn reduced their FY2025 EPS estimates for shares of Madison Square Garden in a research report issued on Wednesday, July 9th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings per share of ($1.50) for the year, down from their previous estimate of ($1.18). The consensus estimate for Madison Square Garden's current full-year earnings is $0.73 per share. Seaport Res Ptn also issued estimates for Madison Square Garden's Q4 2025 earnings at ($0.64) EPS and FY2026 earnings at $1.13 EPS.

Several other equities research analysts have also commented on the stock. Morgan Stanley decreased their price objective on shares of Madison Square Garden from $235.00 to $215.00 and set an "equal weight" rating for the company in a research note on Monday, May 5th. Susquehanna initiated coverage on shares of Madison Square Garden in a research note on Monday, April 28th. They issued a "positive" rating and a $254.00 price objective for the company. Guggenheim restated a "buy" rating and set a $314.00 price target on shares of Madison Square Garden in a research note on Tuesday, May 6th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Madison Square Garden from $240.00 to $230.00 and set an "overweight" rating for the company in a research note on Monday, May 5th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Madison Square Garden presently has an average rating of "Moderate Buy" and an average price target of $252.60.

Madison Square Garden Stock Performance

NYSE:MSGS traded up $2.19 on Monday, hitting $210.69. The stock had a trading volume of 250,866 shares, compared to its average volume of 125,700. The stock has a market cap of $5.06 billion, a P/E ratio of 1,003.31 and a beta of 0.79. Madison Square Garden has a 1 year low of $173.26 and a 1 year high of $237.99. The firm's fifty day simple moving average is $197.55 and its two-hundred day simple moving average is $200.30.

Madison Square Garden (NYSE:MSGS - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported ($0.59) 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 analysts' expectations of $436.84 million. Madison Square Garden had a net margin of 0.45% and a negative return on equity of 1.76%. The company's quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the business posted $1.57 EPS.

Institutional Investors Weigh In On Madison Square Garden

Several large investors have recently modified their holdings of the stock. State of Alaska Department of Revenue increased its stake in shares of Madison Square Garden by 5.5% during the 2nd quarter. State of Alaska Department of Revenue now owns 13,229 shares of the company's stock worth $2,763,000 after purchasing an additional 691 shares during the last quarter. Fifth Third Bancorp grew its stake in Madison Square Garden by 59.5% in the 2nd quarter. Fifth Third Bancorp now owns 185 shares of the company's stock valued at $39,000 after buying an additional 69 shares in the last quarter. Argent Capital Management LLC grew its stake in Madison Square Garden by 5.8% in the 2nd quarter. Argent Capital Management LLC now owns 3,096 shares of the company's stock valued at $647,000 after buying an additional 170 shares in the last quarter. GAMMA Investing LLC grew its stake in Madison Square Garden by 24.8% in the 2nd quarter. GAMMA Investing LLC now owns 880 shares of the company's stock valued at $184,000 after buying an additional 175 shares in the last quarter. Finally, Park Avenue Securities LLC grew its stake in Madison Square Garden by 15.6% in the 2nd quarter. Park Avenue Securities LLC now owns 5,936 shares of the company's stock valued at $1,240,000 after buying an additional 801 shares in the last quarter. Hedge funds and other institutional investors own 68.94% of the company's stock.

About Madison Square Garden

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.