NYSE:MSG - Madison Square Garden Stock Price, Forecast & News

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

Madison Square Garden Co (NYSE:MSG) announced its quarterly earnings data on Friday, November, 8th. The company reported ($3.36) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.29) by $1.07. The business earned $214.78 million during the quarter, compared to analysts' expectations of $227.52 million. Madison Square Garden had a negative return on equity of 1.38% and a negative net margin of 2.23%. The firm's revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the company posted ($1.36) earnings per share. View Madison Square Garden's Earnings History.

Madison Square Garden is scheduled to release their next quarterly earnings announcement on Friday, February 7th 2020. View Earnings Estimates for Madison Square Garden.

4 brokers have issued 12-month price targets for Madison Square Garden's stock. Their forecasts range from $320.00 to $370.00. On average, they anticipate Madison Square Garden's stock price to reach $350.00 in the next year. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Price Targets for Madison Square Garden.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Madison Square Garden in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Madison Square Garden.

News headlines about MSG stock have been trending negative on Wednesday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Madison Square Garden earned a news impact score of -2.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Madison Square Garden.

Madison Square Garden saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,160,000 shares, an increase of 7.4% from the December 15th total of 1,080,000 shares. Based on an average daily volume of 159,400 shares, the short-interest ratio is presently 7.3 days. Currently, 7.0% of the company's shares are sold short. View Madison Square Garden's Current Options Chain.

Some companies that are related to Madison Square Garden include Walt Disney (DIS), Live Nation Entertainment (LYV), Viacom (VIAB), News (NWSA), World Wrestling Entertainment (WWE), Cinemark (CNK) and Reading International (RDI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Madison Square Garden investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), Starbucks (SBUX), Advanced Micro Devices (AMD), Intel (INTC), Tesla (TSLA), AbbVie (ABBV) and Boeing (BA).

Madison Square Garden's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Eidelman Virant Capital (0.10%), Norman Fields Gottscho Capital Management LLC (0.08%), Menlo Advisors LLC (0.08%), LGT Capital Partners LTD. (0.05%), Nisa Investment Advisors LLC (0.02%) and Mcrae Capital Management Inc. (0.01%). View Institutional Ownership Trends for Madison Square Garden.

MSG stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Eidelman Virant Capital, Norman Fields Gottscho Capital Management LLC, First Hawaiian Bank and Menlo Advisors LLC. View Insider Buying and Selling for Madison Square Garden.

MSG stock was bought by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Mcrae Capital Management Inc., Janney Montgomery Scott LLC, Vigilant Capital Management LLC, Advisors Capital Management LLC, Huntington National Bank and Schwarz Dygos Wheeler Investment Advisors LLC. View Insider Buying and Selling for Madison Square Garden.

Shares of MSG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MSG stock can currently be purchased for approximately $304.36.

Madison Square Garden has a market capitalization of $7.23 billion and generates $1.63 billion in revenue each year. The company earns $11.43 million in net income (profit) each year or $0.48 on an earnings per share basis. Madison Square Garden employs 13,000 workers across the globe.View Additional Information About Madison Square Garden.

The official website for Madison Square Garden is http://www.themadisonsquaregardencompany.com/.

Madison Square Garden's mailing address is TWO PENN PLAZA, NEW YORK NY, 10121. The company can be reached via phone at 212-465-6000 or via email at [email protected]