NYSE:MSGMadison Square Garden Stock Price, Forecast & News

Madison Square Garden's stock was trading at $220.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MSG stock has decreased by 23.4% and is now trading at $168.49. View which stocks have been most impacted by Coronavirus.

5 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Madison Square Garden.

Madison Square Garden is scheduled to release its next quarterly earnings announcement on Tuesday, August 18th 2020. View our earnings forecast for Madison Square Garden.

Madison Square Garden Co (NYSE:MSG) issued its quarterly earnings results on Friday, February, 7th. The company reported $3.93 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.41 by $1.52. The company earned $628.80 million during the quarter, compared to analyst estimates of $635.93 million. Madison Square Garden had a negative return on equity of 0.90% and a negative net margin of 1.47%. The company's revenue for the quarter was down .5% on a year-over-year basis. During the same period last year, the firm posted $3.42 earnings per share. View Madison Square Garden's earnings history.

5 brokers have issued 12-month price targets for Madison Square Garden's shares. Their forecasts range from $305.00 to $370.00. On average, they expect Madison Square Garden's stock price to reach $339.60 in the next year. This suggests a possible upside of 101.6% from the stock's current price. View analysts' price targets for Madison Square Garden.

News headlines about MSG stock have trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Madison Square Garden earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutMadison Square Garden.

Madison Square Garden saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,290,000 shares, a decrease of 19.9% from the April 15th total of 1,610,000 shares. Based on an average trading volume of 320,000 shares, the days-to-cover ratio is currently 4.0 days. Approximately 7.7% of the shares of the company are short sold. 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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Madison Square Garden investors own include NVIDIA (NVDA), Netflix (NFLX), Walt Disney (DIS), Alibaba Group (BABA), Alphabet (GOOG), Roku (ROKU), AT&T (T), Tesla (TSLA), Boeing (BA) and Comcast (CMCSA).

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

Madison Square Garden's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.67%), Strs Ohio (0.18%), Markston International LLC (0.17%), UBS Group AG (0.11%), Boyar Asset Management Inc. (0.08%) and Norman Fields Gottscho Capital Management LLC (0.08%). Company insiders that own Madison Square Garden stock include Andrew Lustgarten, Lawrence J Burian, Philip Gerard D'ambrosio and Richard D Parsons. View institutional ownership trends for Madison Square Garden.

MSG stock was sold by a variety of institutional investors in the last quarter, including Public Employees Retirement Association of Colorado, UBS Group AG, Menlo Advisors LLC, SG Americas Securities LLC, Boyar Asset Management Inc., Envestnet Asset Management Inc., Whittier Trust Co. of Nevada Inc., and Lederer & Associates Investment Counsel CA. Company insiders that have sold Madison Square Garden company stock in the last year include Andrew Lustgarten, Lawrence J Burian, Philip Gerard D'ambrosio, and Richard D Parsons. View insider buying and selling activity for Madison Square Garden.

MSG stock was acquired by a variety of institutional investors in the last quarter, including Strs Ohio, BlackRock Inc., XTX Markets LLC, Nisa Investment Advisors LLC, OLD National Bancorp IN, Westside Investment Management Inc., Fernwood Investment Management LLC, and LGT Capital Partners LTD.. View insider buying and selling activity 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 $168.49.

Madison Square Garden has a market capitalization of $4.04 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.

The official website for Madison Square Garden is 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]