Seaport Res Ptn Has Pessimistic Outlook of MSGS Q1 Earnings

Key Points

• Seaport Res Ptn has lowered its Q1 2026 EPS estimate for Madison Square Garden to ($1.34) from the previous ($1.01), reflecting a very pessimistic outlook.
• Madison Square Garden's latest quarterly earnings reported a loss of ($0.07) EPS, exceeding analysts’ expectations of a larger loss, with revenues reaching $203.96 million.
• The stock has a recent trading price of $197.03, with a market capitalization of $4.73 billion and an average rating of "Moderate Buy" among analysts.

The Madison Square Garden Company (NYSE:MSGS - Free Report) - Investment analysts at Seaport Res Ptn decreased their Q1 2026 earnings per share (EPS) estimates for Madison Square Garden in a report issued on Tuesday, August 12th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will earn ($1.34) per share for the quarter, down from their prior forecast of ($1.01). 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 Q2 2026 earnings at ($0.01) EPS, Q3 2026 earnings at $1.43 EPS, Q4 2026 earnings at ($1.57) EPS, FY2026 earnings at ($1.50) EPS and FY2027 earnings at $0.78 EPS.

A number of other research analysts also recently issued reports on MSGS. Morgan Stanley boosted their price target on Madison Square Garden from $215.00 to $220.00 and gave the company an "equal weight" rating in a report on Wednesday, August 13th. Susquehanna started coverage on Madison Square Garden in a report on Monday, April 28th. They issued a "positive" rating and a $254.00 price target for the company. Guggenheim reaffirmed a "buy" rating and set a $314.00 target price on shares of Madison Square Garden in a research note on Tuesday, May 6th. Finally, JPMorgan Chase & Co. reduced their target price on 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. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $253.60.

Madison Square Garden Price Performance

NYSE:MSGS traded down $0.8430 during trading hours on Friday, reaching $195.7970. The company had a trading volume of 155,950 shares, compared to its average volume of 156,857. Madison Square Garden has a 1-year low of $173.26 and a 1-year high of $237.99. The firm has a market cap of $4.70 billion, a PE ratio of -212.82 and a beta of 0.79. The business's 50 day moving average price is $201.67 and its 200-day moving average price is $197.40.

Madison Square Garden (NYSE:MSGS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 12th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.42) by $0.35. Madison Square Garden had a negative return on equity of 1.76% and a negative net margin of 2.16%.The company had revenue of $203.96 million during the quarter, compared to the consensus estimate of $151.00 million. During the same period in the previous year, the company posted $1.06 earnings per share. Madison Square Garden's revenue for the quarter was down 10.3% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in MSGS. LPL Financial LLC boosted its stake in Madison Square Garden by 12.0% during the 4th quarter. LPL Financial LLC now owns 2,272 shares of the company's stock worth $513,000 after purchasing an additional 244 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Madison Square Garden by 5.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,437 shares of the company's stock valued at $1,453,000 after buying an additional 322 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Madison Square Garden by 6.3% in the fourth quarter. Invesco Ltd. now owns 83,258 shares of the company's stock worth $18,790,000 after buying an additional 4,918 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Madison Square Garden during the fourth quarter worth about $4,425,000. Finally, Treasurer of the State of North Carolina grew its stake in Madison Square Garden by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 8,172 shares of the company's stock valued at $1,844,000 after acquiring an additional 50 shares in the last quarter. 68.94% of the stock is owned by institutional investors and hedge funds.

Madison Square Garden 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.