MSG Networks Company Profile (NYSE:MSG)

About MSG Networks

MSG Networks logoThe Madison Square Garden Company is a holding company, which is engaged in live experiences consisting of celebrated venues, sports teams, and entertainment productions. The Company operates in two segments, which include MSG Entertainment and MSG Sports. The MSG Sports segment includes the Company's professional sports franchises, which include the New York Knicks (the Knicks) of the National Basketball Association (the NBA), the New York Rangers (the Rangers) of the National Hockey League (the NHL), the New York Liberty (the Liberty) of the Women's National Basketball Association (the WNBA), the Hartford Wolf Pack of the American Hockey League (the AHL), which is the primary player development team for the Rangers, and the Westchester Knicks, an NBA Development League team. The MSG Entertainment segment includes the Company's live entertainment events. The Company presents or hosts live entertainment events, including concerts, family shows, performing arts and special events.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Entertainment - Diversified
  • Sub-Industry: Movies & Entertainment
  • Exchange: NYSE
  • Symbol: MSG
  • CUSIP: 55826P10
Key Metrics:
  • Previous Close: $178.99
  • 50 Day Moving Average: $173.90
  • 200 Day Moving Average: $173.43
  • 52-Week Range: $154.02 - $188.80
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 458.95
  • P/E Growth: -51.56
  • Market Cap: $4.29B
  • Outstanding Shares: 23,962,000
  • Beta: 1.23
Profitability:
  • Net Margins: -7.63%
  • Return on Equity: -2.55%
  • Return on Assets: -1.46%
Debt:
  • Current Ratio: 2.45%
  • Quick Ratio: 2.45%
Additional Links:
Companies Related to MSG Networks:

Analyst Ratings

Consensus Ratings for MSG Networks (NYSE:MSG) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $199.25 (11.32% upside)

Analysts' Ratings History for MSG Networks (NYSE:MSG)
Show:
DateFirmActionRatingPrice TargetDetails
2/6/2017MacquarieReiterated RatingHold$182.00View Rating Details
2/6/2017Jefferies Group LLCReiterated RatingHold$185.00View Rating Details
1/31/2017Bank of America CorpInitiated CoverageBuyView Rating Details
1/29/2017Morgan StanleyUpgradeEqual Weight -> Overweight$210.00View Rating Details
1/11/2017Albert Fried & CompanyReiterated RatingHoldView Rating Details
12/16/2016Loop CapitalDowngradeHold -> SellView Rating Details
12/10/2016GuggenheimUpgradeNeutral -> BuyView Rating Details
8/22/2016Stifel NicolausBoost Price TargetBuy$190.00 -> $210.00View Rating Details
5/4/2016FBN SecuritiesInitiated CoverageOutperform$240.77View Rating Details
4/1/2016Pacific CrestReiterated RatingEqual WeightView Rating Details
11/26/2015Miller TabakBoost Price TargetNeutral$37.00 -> $40.00View Rating Details
10/30/2015Topeka Capital MarketsInitiated CoverageBuyView Rating Details
10/7/2015Cantor FitzgeraldInitiated CoverageBuyView Rating Details
10/2/2015BTIG ResearchInitiated CoverageBuyView Rating Details
10/1/2015J P Morgan Chase & CoInitiated CoverageOverweightView Rating Details
9/22/2015GabelliInitiated Coverage$30.00View Rating Details
9/15/2015Evercore ISIUpgradeHold -> Buy$86.00 -> $95.00View Rating Details
3/30/2015Maxim GroupBoost Price TargetBuy$85.00 -> $92.00View Rating Details
3/26/2015Evercore Partners Inc.Reiterated RatingBuy -> Hold$82.00 -> $86.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for MSG Networks (NYSE:MSG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017        
2/3/2017Q217$2.02$2.39$440.08 million$445.20 millionViewN/AView Earnings Details
11/4/2016Q117($1.15)($1.19)$167.95 million$181.70 millionViewN/AView Earnings Details
8/19/2016Q416($1.00)($2.39)$217.80 millionViewListenView Earnings Details
5/6/2016Q3($0.35)($2.47)$325.40 million$336.30 millionViewListenView Earnings Details
2/4/2016Q216$1.23$1.74$413.86 million$410.80 millionViewN/AView Earnings Details
11/5/2015Q116($0.66)($0.06)$137.90 million$150.40 millionViewListenView Earnings Details
8/20/2015Q415$0.40$0.60$359.99 million$387.90 millionViewListenView Earnings Details
5/1/2015Q315$0.44$0.51$444.32 million$449.40 millionViewN/AView Earnings Details
2/6/2015Q215$0.73$0.78$523.55 million$542.50 millionViewN/AView Earnings Details
10/31/2014Q115$0.32$1.38$224.20 million$241.70 millionViewN/AView Earnings Details
8/20/2014Q414$0.22$0.15$348.78 million$371.70 millionViewListenView Earnings Details
5/2/2014Q414$0.41$0.24$436.60 million$459.00 millionViewListenView Earnings Details
2/7/2014Q214$0.67$0.77$496.33 million$509.40 millionViewListenView Earnings Details
11/1/2013Q114$0.22$0.31$212.79 million$215.60 millionViewN/AView Earnings Details
8/21/2013Q4 2013$0.29$0.47$320.07 million$36.40 millionViewN/AView Earnings Details
5/3/2013Q3 2013$0.33$0.49$485.11 million$412.40 millionViewN/AView Earnings Details
2/6/2013Q2 2013$0.36$0.60$407.00 million$387.90 millionViewN/AView Earnings Details
11/2/2012$0.21$0.26$202.11 million$204.16 millionViewN/AView Earnings Details
8/24/2012Q412$0.20$0.37$274.95 million$332.90 millionViewN/AView Earnings Details
5/4/2012$0.19$0.40ViewN/AView Earnings Details
11/4/2011$0.01$0.28ViewN/AView Earnings Details
8/26/2011$0.13$0.11ViewN/AView Earnings Details
5/6/2011$0.24$0.25ViewN/AView Earnings Details
3/4/2011$0.43$0.42ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MSG Networks (NYSE:MSG)
Current Year EPS Consensus Estimate: $-0.68 EPS
Next Year EPS Consensus Estimate: $0.39 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.62)($0.33)($0.48)
Q2 20162($0.52)($0.23)($0.38)
Q3 20162($0.28)$0.08($0.10)
Q4 20162($1.13)($0.24)($0.69)
Q1 20172($1.01)($0.01)($0.51)
Q2 20172$1.31$1.73$1.52
Q3 20172($0.68)($0.10)($0.39)
Q4 20172($1.58)($0.21)($0.90)
Q1 20181($1.42)($1.42)($1.42)
Q2 20181$2.87$2.87$2.87
Q3 20181($0.57)($0.57)($0.57)
Q4 20181($1.61)($1.61)($1.61)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for MSG Networks (NYSE:MSG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for MSG Networks (NYSE:MSG)
Insider Ownership Percentage: 18.64%
Institutional Ownership Percentage: 86.31%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2016Kathleen Margaret DolanInsiderBuy15,954$182.96$2,918,943.84View SEC Filing  
11/11/2015Vincent TeseDirectorSell2,500$174.24$435,600.00View SEC Filing  
9/3/2015Wilton J. Jr. HildenbrandDirectorSell2,944$71.92$211,732.48View SEC Filing  
8/24/2015Richard D ParsonsDirectorSell5,050$69.52$351,076.00View SEC Filing  
2/19/2015Nelson PeltzDirectorBuy12,800$77.98$998,144.00View SEC Filing  
2/13/2015Vincent TeseDirectorSell1,000$78.25$78,250.00View SEC Filing  
11/5/2014Vincent TeseDirectorSell5,079$75.10$381,432.90View SEC Filing  
8/22/2014Wilton J Jr. HildenbrandDirectorSell3,276$65.39$214,217.64View SEC Filing  
5/28/2014Patrick Francis DolanInsiderSell30,751$52.29$1,607,969.79View SEC Filing  
5/20/2014Lawrence BurianVPSell1,500$50.93$76,395.00View SEC Filing  
5/20/2014Robert PollichinoCFOSell3,875$50.91$197,276.25View SEC Filing  
5/20/2014Vincent TeseDirectorSell1,000$50.95$50,950.00View SEC Filing  
5/6/2014Jr. Thomas SmithCEOBuy26,300$50.60$1,330,780.00View SEC Filing  
5/7/2013Vincent TeseDirectorSell1,000$59.65$59,650.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for MSG Networks (NYSE:MSG)
DateHeadline
finance.yahoo.com logoTrader goes one-on-one with NBA legend Allan Houston (NYSE:MSG)
finance.yahoo.com - February 18 at 12:15 PM
capitalcube.com logoThe Madison Square Garden Co. breached its 50 day moving average in a Bullish Manner : MSG-US : February 15, 2017 (NYSE:MSG)
www.capitalcube.com - February 16 at 6:14 PM
marketwatch.com logoIn the NBA, teams don’t have to be good to make a lot of money (NYSE:MSG)
www.marketwatch.com - February 16 at 6:14 PM
News IconFormer NY Knicks Star Charles Oakley Allowed Back at Madison Square Garden ‘In Near Future’ (NYSE:MSG)
www.thewrap.com - February 14 at 12:48 AM
News IconReport: Charles Oakley expected to be invited back to Madison Square Garden (NYSE:MSG)
www.cbssports.com - February 14 at 12:48 AM
News IconAl Sharpton to picket MSG for Charles Oakley if ban sticks (NYSE:MSG)
www.upi.com - February 13 at 7:47 PM
News IconNBA Commissioner Silver’s statement re: Oakley and MSG (NYSE:MSG)
sports.abs-cbn.com - February 13 at 7:47 PM
News IconCharles Oakley, James Dolan Meet with Adam Silver Regarding MSG Arrest (NYSE:MSG)
bleacherreport.com - February 13 at 7:47 PM
nydailynews.com logoBrooklyn Borough prez discusses MSG doc showing Oakley was target (NYSE:MSG)
www.nydailynews.com - February 13 at 7:47 PM
forbes.com logoSpurs And Knicks Face Off After Busy Week At Madison Square Garden (NYSE:MSG)
www.forbes.com - February 13 at 10:09 AM
News IconJames Dolan’s culture of fear has ruined Madison Square Garden (NYSE:MSG)
nypost.com - February 13 at 10:09 AM
nydailynews.com logoEXCLUSIVE: UFC hypes $37M economic impact from first Madison Square Garden bouts (NYSE:MSG)
www.nydailynews.com - February 13 at 10:09 AM
us.rd.yahoo.com logoThe Madison Square Garden Company Announces New York Spectacular Starring the Radio City Rockettes Will Take One-Year Hiatus (NYSE:MSG)
us.rd.yahoo.com - February 10 at 7:35 PM
finance.yahoo.com logoMADISON SQUARE GARDEN CO Financials (NYSE:MSG)
finance.yahoo.com - February 9 at 7:43 PM
capitalcube.com logoThe Madison Square Garden Co. :MSG-US: Earnings Analysis: Q2, 2017 By the Numbers : February 7, 2017 (NYSE:MSG)
www.capitalcube.com - February 7 at 8:00 PM
finance.yahoo.com logo7:33 am Madison Square Garden beats by $0.43, reports revs in-line (NYSE:MSG)
finance.yahoo.com - February 5 at 6:27 PM
law360.com logoMSG Networks Adds 4 NHL Teams To Livestream Service (NYSE:MSG)
www.law360.com - February 4 at 12:25 AM
News IconBank of America Corporation Begins Coverage on MSG Networks Inc. (MSGN) (NYSE:MSG)
xboxonezone.com - February 4 at 12:25 AM
News IconMSG Networks Inc (MSGN) Releases Earnings Results, Beats Expectations By $0.04 EPS (NYSE:MSG)
prensariotiretail.com - February 4 at 12:25 AM
finance.yahoo.com logoEdited Transcript of MSG earnings conference call or presentation 3-Feb-17 3:00pm GMT (NYSE:MSG)
finance.yahoo.com - February 4 at 12:25 AM
biz.yahoo.com logoQ2 2017 Madison Square Garden Co Earnings Release - Before Market Open (NYSE:MSG)
us.rd.yahoo.com - February 3 at 7:23 PM
us.rd.yahoo.com logoThe Madison Square Garden Company Reports Fiscal 2017 Second Quarter Results (NYSE:MSG)
us.rd.yahoo.com - February 3 at 7:23 PM
sg.finance.yahoo.com logoThe Madison Square Garden Co. posts 2Q profit (NYSE:MSG)
us.rd.yahoo.com - February 3 at 7:23 PM
marketwatch.com logoMadison Square Garden beats profit and sales estimates (NYSE:MSG)
us.rd.yahoo.com - February 3 at 7:23 PM
wsj.com logo[$$] MSG Profit Easily Tops Expectations (NYSE:MSG)
us.rd.yahoo.com - February 3 at 7:23 PM
us.rd.yahoo.com logoWhy Earnings Season Could Be Great for Madison Square Garden (MSG) (NYSE:MSG)
us.rd.yahoo.com - February 3 at 12:31 AM
4-traders.com logoMadison Square Garden : MSG Networks Reaches Agreement With National Hockey League for Digital Rights to Local NHL Telecasts (NYSE:MSG)
www.4-traders.com - February 2 at 7:30 PM
bizjournals.com logoNHL, MSG approve deal for Sabres games to be streamed (NYSE:MSG)
www.bizjournals.com - February 2 at 5:45 AM
News IconMSG Networks Reaches Agreement with NHL to Live Stream Games (NYSE:MSG)
www.msgnetworks.com - February 2 at 12:43 AM
News IconDevils games to be made available via live streaming (NYSE:MSG)
www.northjersey.com - February 2 at 12:43 AM
bizjournals.com logoMSG gets deal to stream Rangers, Devils and Islanders games (NYSE:MSG)
www.bizjournals.com - February 2 at 12:43 AM
News IconMSG Networks to Live Stream NHL Games (NYSE:MSG)
www.nhl.com - February 2 at 12:43 AM
us.rd.yahoo.com logoThe Madison Square Garden Company Partners With TAO Group (NYSE:MSG)
us.rd.yahoo.com - February 1 at 7:42 PM
us.rd.yahoo.com logo7:32 am Madison Square Garden acquires a 62.5% equity interest a newly formed TAO Group partnership for $181 mln, plus a potential performance earn-out of up to $25.5 mln (NYSE:MSG)
us.rd.yahoo.com - February 1 at 7:42 PM
capitalcube.com logoThe Madison Square Garden Co. – Value Analysis (NYSE:MSG) : February 1, 2017 (NYSE:MSG)
us.rd.yahoo.com - February 1 at 7:42 PM
seekingalpha.com logoMadison Square Garden takes controlling stake in new TAO Group (NYSE:MSG)
seekingalpha.com - February 1 at 8:03 AM
capitalcube.com logoThe Madison Square Garden Co. breached its 50 day moving average in a Bullish Manner : MSG-US : January 31, 2017 (NYSE:MSG)
www.capitalcube.com - January 31 at 7:35 PM
4-traders.com logoMadison Square Garden : and Lexus Announce Renewed and Expanded Signature Partnership (NYSE:MSG)
www.4-traders.com - January 31 at 12:23 AM
finance.yahoo.com logoMadison Square Garden upgraded by Morgan Stanley (NYSE:MSG)
finance.yahoo.com - January 30 at 7:22 PM
finance.yahoo.com logoThe Madison Square Garden Company and Lexus Announce Renewed and Expanded Signature Partnership (NYSE:MSG)
finance.yahoo.com - January 30 at 7:22 PM
finance.yahoo.com logoThese guys have one of the most dangerous jobs in the world (NYSE:MSG)
finance.yahoo.com - January 28 at 11:48 PM
biz.yahoo.com logoMADISON SQUARE GARDEN CO Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exh (NYSE:MSG)
biz.yahoo.com - January 28 at 1:55 AM
News IconBob Saget Has Been Added To The All-star Lineup Of Garden Of Laughs (NYSE:MSG)
www.broadwayworld.com - January 25 at 8:08 PM
usatoday.com logoCarlos Cuadras-David Carmona bout added to Golovkin-Jacobs card on HBO PPV March 18 (NYSE:MSG)
boxingjunkie.usatoday.com - January 24 at 7:25 PM
finance.yahoo.com logoThe Madison Square Garden Company Announces Bob Saget Has Been Added to the All-Star Lineup of Garden of Laughs, Presented by Delta Air Lines, to Benefit The Garden of Dreams Foundation (NYSE:MSG)
finance.yahoo.com - January 24 at 7:25 PM
finance.yahoo.com logoThe Madison Square Garden Company to Host Fiscal 2017 Second Quarter Conference Call (NYSE:MSG)
finance.yahoo.com - January 23 at 7:00 PM
News IconNo partying tonight! Model Jordan Barrett enjoys low-key outing at the basketball as he appears to take a break from New York social scene (NYSE:MSG)
www.dailymail.co.uk - January 22 at 6:29 PM
News IconThe Beatles rock Madison Square Garden - thanks to Australian drummer (NYSE:MSG)
www.liverpoolecho.co.uk - January 20 at 7:25 PM
News IconAfter all-star snub, John Wall puts on a show at Madison Square Garden (NYSE:MSG)
www.washingtonpost.com - January 20 at 7:25 PM
News IconBella Hadid Bumps Into Ex The Weeknd During Concert at Madison Square Garden (NYSE:MSG)
www.aceshowbiz.com - January 20 at 2:24 AM

Social

What is MSG Networks' stock symbol?

MSG Networks trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSG."

Where is MSG Networks' stock going? Where will MSG Networks' stock price be in 2017?

10 brokerages have issued 12-month target prices for MSG Networks' stock. Their predictions range from $150.00 to $240.77. On average, they anticipate MSG Networks' stock price to reach $199.25 in the next year.

When will MSG Networks announce their earnings?

MSG Networks is scheduled to release their next quarterly earnings announcement on Thursday, May, 4th 2017.

What are analysts saying about MSG Networks stock?

Here are some recent quotes from research analysts about MSG Networks stock:

  • According to Zacks Investment Research, "The Madison Square Garden Company is involved in the sports, entertainment and media industries. The company's business segment consists of MSG Sports, MSG Media and MSG Entertainment. MSG Sports is involved in live sporting events. MSG Sports owns and operates sports franchises include the New York Knicks, the New York Rangers, the New York Liberty, the Westchester Knicks and the Hartford Wolf Pack. MSG Media is involved in production and content development for multiple distribution platforms. MSG Entertainment creates, produces and presents live productions, hosts live entertainment events. The Madison Square Garden Company is based in New York, United States. " (2/9/2017)

  • Jefferies Group LLC analysts commented, "MSG reported solid F2Q results with rev and AOI of $445M / $96M vs. JEFe $437M / $85M led by strong performance in the Ent. segment / Christmas Spectacular. As the core business continues to deliver consistent results, investor focus appears to be shifting to MSG's new ventures - namely its recently announced investment in the TAO Group and the construction of a concert venue in Las Vegas." (2/6/2017)

Who owns MSG Networks stock?

MSG Networks' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (3.84%), Gabelli Funds LLC (2.25%), Thompson Siegel & Walmsley LLC (2.14%), Renaissance Technologies LLC (0.19%), Russell Investments Group Ltd. (0.17%) and Employees Retirement System of Texas (0.16%). Company insiders that own MSG Networks stock include Kathleen Margaret Dolan, Richard D Parsons, Vincent Tese and Wilton J Jr Hildenbrand.

Who bought MSG Networks stock? Who is buying MSG Networks stock?

MSG Networks' stock was purchased by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Russell Investments Group Ltd., Renaissance Technologies LLC, Employees Retirement System of Texas, Gamco Investors INC. ET AL, Wall Street Associates, Pacad Investment Ltd. and Gabelli Funds LLC.

How do I buy MSG Networks stock?

Shares of MSG Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of MSG Networks stock cost?

One share of MSG Networks stock can currently be purchased for approximately $178.99.

MSG Networks (NYSE:MSG) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for MSG Networks (NYSE:MSG)

Earnings History Chart

Earnings by Quarter for MSG Networks (NYSE:MSG)

Dividend History Chart

Dividend Payments by Quarter for MSG Networks (NYSE:MSG)

Last Updated on 2/24/2017 by MarketBeat.com Staff