The 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: Movie, TV Production & Distribution
- Sub-Industry: Movies & Entertainment
- Symbol: NYSE:MSG
- CUSIP: 55826P10
- Web: www.themadisonsquaregardencompany.com
- Market Cap: $5.05 billion
- Outstanding Shares: 23,543,000
- 50 Day Moving Avg: $216.50
- 200 Day Moving Avg: $203.47
- 52 Week Range: $160.96 - $226.95
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 160.08
- P/E Growth: 1.98
- Annual Revenue: $1.32 billion
- Price / Sales: 3.83
- Book Value: $102.28 per share
- Price / Book: 2.10
- EBIDTA: $55.74 million
- Net Margins: -5.52%
- Return on Equity: -2.43%
- Return on Assets: -1.68%
- Debt-to-Equity Ratio: 0.04%
- Current Ratio: 1.90%
- Quick Ratio: 1.90%
- Average Volume: 157,259 shs.
- Beta: 1.18
- Short Ratio: 3.1
Frequently Asked Questions for The Madison Square Garden Company (NYSE:MSG)
What is The Madison Square Garden Company's stock symbol?
The Madison Square Garden Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSG."
How were The Madison Square Garden Company's earnings last quarter?
The Madison Square Garden Company (NYSE:MSG) issued its earnings results on Thursday, August, 17th. The company reported ($3.58) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($1.10) by $2.48. The company earned $305.60 million during the quarter, compared to analyst estimates of $279.19 million. The Madison Square Garden Company had a negative return on equity of 2.43% and a negative net margin of 5.52%. The Madison Square Garden Company's quarterly revenue was up 40.3% on a year-over-year basis. During the same period in the prior year, the business earned ($2.39) earnings per share. View The Madison Square Garden Company's Earnings History.
When will The Madison Square Garden Company make its next earnings announcement?
Where is The Madison Square Garden Company's stock going? Where will The Madison Square Garden Company's stock price be in 2017?
10 brokers have issued 1-year target prices for The Madison Square Garden Company's stock. Their predictions range from $93.00 to $260.00. On average, they anticipate The Madison Square Garden Company's stock price to reach $202.25 in the next twelve months. View Analyst Ratings for The Madison Square Garden Company.
What are analysts saying about The Madison Square Garden Company stock?
Here are some recent quotes from research analysts about The Madison Square Garden Company stock:
- 1. 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. " (7/18/2017)
- 2. Jefferies Group LLC analysts commented, "MSG reported solid F3Q results with rev and AOI of $386M / $44M vs. JEFe $365M / $21M led by strong performance in the Ent. segment and a 1x $15.5M NHL expansion fee." (5/5/2017)
Who are some of The Madison Square Garden Company's key competitors?
Some companies that are related to The Madison Square Garden Company include PVH Corp. (PVH), Intercontinental Hotels Group (IHG), Vail Resorts (MTN), Hanesbrands (HBI), Live Nation Entertainment (LYV), China Lodging Group, Limited (HTHT), Itv Plc. (ITVPY), Liberty Media Corporation (FWONK), Liberty Media Corporation (FWONA), lululemon athletica inc. (LULU), UbiSoft Entertainment (UBSFY), News Corporation (NWS), Hyatt Hotels Corporation (H), News Corporation (NWSA), Under Armour (UAA), Ralph Lauren Corporation (RL), Man Wah Holdings Ltd (MAWHY) and Michael Kors Holdings Limited (KORS).
Who are The Madison Square Garden Company's key executives?
The Madison Square Garden Company's management team includes the folowing people:
- James L. Dolan, Executive Chairman of the Board
- David O'Connor, President, Chief Executive Officer
- Donna Coleman, Chief Financial Officer, Executive Vice President
- Lawrence J. Burian, Executive Vice President, General Counsel, Secretary
- Joseph F. Yospe, Senior Vice President, Principal Accounting Officer, Controller
- Robert J. Lynn, Senior Vice President, Treasurer
- Charles F. Dolan, Director
- Charles P. Dolan, Director
- Kristin A. Dolan, Director
- Thomas C. Dolan, Director
Who owns The Madison Square Garden Company stock?
The Madison Square Garden Company's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.15%), Lazard Asset Management LLC (6.07%), First Eagle Investment Management LLC (4.84%), Gamco Investors INC. ET AL (4.72%), BlackRock Inc. (4.03%) and Gabelli Funds LLC (2.82%). Company insiders that own The Madison Square Garden Company stock include Joseph F Yospe, Kathleen Margaret Dolan and Vincent Tese. View Institutional Ownership Trends for The Madison Square Garden Company.
Who sold The Madison Square Garden Company stock? Who is selling The Madison Square Garden Company stock?
The Madison Square Garden Company's stock was sold by a variety of institutional investors in the last quarter, including First Eagle Investment Management LLC, Lazard Asset Management LLC, Vanguard Group Inc., Thompson Siegel & Walmsley LLC, Cutler Group LP, Wells Fargo & Company MN, Gruss Capital Management LP and River Road Asset Management LLC. View Insider Buying and Selling for The Madison Square Garden Company.
Who bought The Madison Square Garden Company stock? Who is buying The Madison Square Garden Company stock?
The Madison Square Garden Company's stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Los Angeles Capital Management & Equity Research Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., Russell Investments Group Ltd., Ameriprise Financial Inc., Teachers Advisors LLC and FMR LLC. View Insider Buying and Selling for The Madison Square Garden Company.
How do I buy The Madison Square Garden Company stock?
Shares of The Madison Square Garden Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is The Madison Square Garden Company's stock price today?
MarketBeat Community Rating for The Madison Square Garden Company (NYSE MSG)MarketBeat's community ratings are surveys of what our community members think about The Madison Square Garden Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of The Madison Square Garden Company stock can currently be purchased for approximately $214.51.
Consensus Ratings for The Madison Square Garden Company (NYSE:MSG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 3 Hold Ratings, 6 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$202.25 (5.72% downside)|
Analysts' Ratings History for The Madison Square Garden Company (NYSE:MSG)
(Data available from 9/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/11/2017||BTIG Research||Set Price Target||Buy||$260.00||Low|
|8/18/2017||Jefferies Group LLC||Boost Price Target||Hold||$185.00 -> $200.00||Low|
|7/25/2017||Morgan Stanley||Reiterated Rating||Overweight||$215.00 -> $245.00||Low|
|5/15/2017||Citigroup Inc.||Lower Price Target||Buy||$102.00 -> $93.00||Low|
|5/2/2017||Bank of America Corporation||Initiated Coverage||Buy -> Buy||$243.00||Low|
|4/20/2017||J P Morgan Chase & Co||Reiterated Rating||Overweight -> Overweight||$245.00||Low|
|1/11/2017||Albert Fried & Company||Reiterated Rating||Hold||N/A|
|12/16/2016||Loop Capital||Downgrade||Hold -> Sell||N/A|
|12/10/2016||Guggenheim||Upgrade||Neutral -> Buy||N/A|
|8/22/2016||Stifel Nicolaus||Boost Price Target||Buy||$190.00 -> $210.00||N/A|
|5/4/2016||FBN Securities||Initiated Coverage||Outperform||$240.77||N/A|
|4/1/2016||Pacific Crest||Reiterated Rating||Equal Weight||N/A|
|11/26/2015||Miller Tabak||Boost Price Target||Neutral||$37.00 -> $40.00||N/A|
|10/30/2015||Topeka Capital Markets||Initiated Coverage||Buy||N/A|
|10/7/2015||Cantor Fitzgerald||Initiated Coverage||Buy||N/A|
Earnings History for The Madison Square Garden Company (NYSE:MSG)Earnings History by Quarter for The Madison Square Garden Company (NYSE MSG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/17/2017||Q4 2017||($1.10)||($3.58)||$279.19 million||$305.60 million||View||N/A|
|5/4/2017||3/31/2017||($0.41)||($0.74)||$365.57 million||$386.00 million||View||Listen|
|2/3/2017||Q217||$2.02||$2.39||$440.08 million||$445.20 million||View||N/A|
|11/4/2016||Q117||($1.15)||($1.19)||$167.95 million||$181.70 million||View||N/A|
|8/19/2016||Q416||($1.00)||($2.39)||$227.02 million||$217.76 million||View||Listen|
|5/6/2016||Q3||($0.35)||($2.47)||$325.40 million||$336.30 million||View||Listen|
|2/4/2016||Q216||$1.23||$1.74||$413.86 million||$410.80 million||View||N/A|
|11/5/2015||Q116||($0.66)||($0.06)||$137.90 million||$150.40 million||View||Listen|
|8/20/2015||Q415||$0.40||$0.60||$359.99 million||$387.90 million||View||Listen|
|5/1/2015||Q315||$0.44||$0.51||$444.32 million||$449.40 million||View||N/A|
|2/6/2015||Q215||$0.73||$0.78||$523.55 million||$542.50 million||View||N/A|
|10/31/2014||Q115||$0.32||$1.38||$224.20 million||$241.70 million||View||N/A|
|8/20/2014||Q414||$0.22||$0.15||$348.78 million||$371.70 million||View||Listen|
|5/2/2014||Q414||$0.41||$0.24||$436.60 million||$459.00 million||View||Listen|
|2/7/2014||Q214||$0.67||$0.77||$496.33 million||$509.40 million||View||Listen|
|11/1/2013||Q114||$0.22||$0.31||$212.79 million||$215.60 million||View||N/A|
|8/21/2013||Q4 2013||$0.29||$0.47||$320.07 million||$36.40 million||View||N/A|
|5/3/2013||Q3 2013||$0.33||$0.49||$485.11 million||$412.40 million||View||N/A|
|2/6/2013||Q2 2013||$0.36||$0.60||$407.00 million||$387.90 million||View||N/A|
|11/2/2012||$0.21||$0.26||$202.11 million||$204.16 million||View||N/A|
|8/24/2012||Q412||$0.20||$0.37||$274.95 million||$332.90 million||View||N/A|
Earnings Estimates for The Madison Square Garden Company (NYSE:MSG)
2017 EPS Consensus Estimate: ($0.28)
2018 EPS Consensus Estimate: ($5.29)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for The Madison Square Garden Company (NYSE:MSG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for The Madison Square Garden Company (NYSE:MSG)
Insider Ownership Percentage: 18.64%Insider Trades by Quarter for The Madison Square Garden Company (NYSE:MSG)
Institutional Ownership Percentage: 87.71%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/10/2017||Joseph F Yospe||SVP||Sell||1,500||$204.17||$306,255.00|| |
|9/12/2016||Kathleen Margaret Dolan||Insider||Buy||15,954||$182.96||$2,918,943.84|| |
|11/11/2015||Vincent Tese||Director||Sell||2,500||$174.24||$435,600.00|| |
|9/3/2015||Wilton J. Jr. Hildenbrand||Director||Sell||2,944||$71.92||$211,732.48|| |
|8/24/2015||Richard D Parsons||Director||Sell||5,050||$69.52||$351,076.00|| |
|2/19/2015||Nelson Peltz||Director||Buy||12,800||$77.98||$998,144.00|| |
|2/13/2015||Vincent Tese||Director||Sell||1,000||$78.25||$78,250.00|| |
|11/5/2014||Vincent Tese||Director||Sell||5,079||$75.10||$381,432.90|| |
|8/22/2014||Wilton J Jr. Hildenbrand||Director||Sell||3,276||$65.39||$214,217.64|| |
|5/28/2014||Patrick Francis Dolan||Insider||Sell||30,751||$52.29||$1,607,969.79|| |
|5/20/2014||Lawrence Burian||VP||Sell||1,500||$50.93||$76,395.00|| |
|5/20/2014||Robert Pollichino||CFO||Sell||3,875||$50.91||$197,276.25|| |
|5/20/2014||Vincent Tese||Director||Sell||1,000||$50.95||$50,950.00|| |
|5/6/2014||Jr. Thomas Smith||CEO||Buy||26,300||$50.60||$1,330,780.00|| |
|5/7/2013||Vincent Tese||Director||Sell||1,000||$59.65||$59,650.00|| |
Headline Trends for The Madison Square Garden Company (NYSE:MSG)
Latest Headlines for The Madison Square Garden Company (NYSE:MSG)
The Madison Square Garden Company (MSG) Chart for Tuesday, September, 19, 2017