What is Seaport Res Ptn's Forecast for MSGS FY2025 Earnings?

Madison Square Garden Sports Corp. (NYSE:MSGS - Free Report) - Stock analysts at Seaport Res Ptn decreased their FY2025 earnings estimates for Madison Square Garden Sports in a research report issued to clients and investors on Sunday, May 4th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings of ($1.18) per share for the year, down from their previous estimate 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.

MSGS has been the subject of a number of other reports. Morgan Stanley reduced their price target on shares of Madison Square Garden Sports from $235.00 to $215.00 and set an "equal weight" rating for the company in a research note on Monday, May 5th. Susquehanna began coverage on shares of Madison Square Garden Sports in a research note on Monday, April 28th. They set a "positive" rating and a $254.00 target price for the company. Guggenheim restated a "buy" rating and issued a $314.00 price target on shares of Madison Square Garden Sports in a research note on Tuesday. Macquarie lifted their price objective on Madison Square Garden Sports from $240.00 to $250.00 and gave the stock an "outperform" rating in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Madison Square Garden Sports from $240.00 to $230.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $252.60.

Madison Square Garden Sports Price Performance

Shares of Madison Square Garden Sports stock traded up $0.87 during trading on Wednesday, hitting $191.78. 105,539 shares of the company's stock traded hands, compared to its average volume of 113,391. Madison Square Garden Sports has a 1 year low of $173.26 and a 1 year high of $237.99. The business has a 50-day simple moving average of $191.27 and a 200-day simple moving average of $209.75. The stock has a market capitalization of $4.60 billion, a P/E ratio of 80.92 and a beta of 0.78.

Madison Square Garden Sports (NYSE:MSGS - Get Free Report) last issued its earnings results on Friday, May 2nd. The company reported ($0.59) EPS for the quarter, missing the consensus estimate of $1.48 by ($2.07). Madison Square Garden Sports had a net margin of 5.33% and a negative return on equity of 20.50%. The business had revenue of $424.20 million for the quarter, compared to analysts' expectations of $436.84 million. During the same quarter in the prior year, the business posted $1.57 earnings per share. The business's revenue for the quarter was down 1.3% on a year-over-year basis.

Insider Buying and Selling at Madison Square Garden Sports

In other news, insider F. Dolan 2009 Revocabl Charles sold 31,825 shares of the stock in a transaction 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 sale, the insider now owns 5,097 shares of the company's stock, valued at approximately $968,022.24. This represents a 86.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 18.05% of the company's stock.

Hedge Funds Weigh In On Madison Square Garden Sports

Several hedge funds have recently added to or reduced their stakes in the company. OFI Invest Asset Management bought a new position in shares of Madison Square Garden Sports during the fourth quarter valued at approximately $1,032,000. Proficio Capital Partners LLC purchased a new stake in Madison Square Garden Sports in the fourth quarter worth $3,413,000. Levin Capital Strategies L.P. lifted its position in shares of Madison Square Garden Sports by 118.5% during the fourth quarter. Levin Capital Strategies L.P. now owns 3,039 shares of the company's stock worth $686,000 after purchasing an additional 1,648 shares during the last quarter. Wealthfront Advisers LLC bought a new stake in shares of Madison Square Garden Sports during the fourth quarter worth $16,844,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Madison Square Garden Sports during the fourth quarter valued at $685,000. 68.94% of the stock is currently owned by institutional investors.

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.