NYSE:MSGN - MSG Networks Stock Price, News, & Analysis

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$21.95 -0.22 (-0.99 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$22.17
Today's Range$21.82 - $22.35
52-Week Range$18.90 - $28.13
Volume721,354 shs
Average Volume523,901 shs
Market Capitalization$1.64 billion
P/E Ratio5.76
Dividend YieldN/A
Beta0.78
MSG Networks Inc. engages in the sports production, and content development and distribution businesses in the United States. The company owns and operates MSG Network and MSG+, which are regional sports and entertainment networks. It also operates MSG GO that provides live streaming and video on demand, as well as a Website and social media platforms for its brands. The company was formerly known as The Madison Square Garden Company and changed its name to MSG Networks Inc. in October 2015. MSG Networks Inc. was founded in 1969 and is based in New York, New York.

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Industry, Sector and Symbol

Industry Cable & other pay television services
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
Phone212-465-6400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$696.65 million
Cash Flow$3.9982 per share
Book Value($6.72) per share

Profitability

Net Income$288.86 million

Miscellaneous

Employees180
Market Cap$1.64 billion
Next Earnings Date8/21/2019 (Estimated)
OptionableOptionable

MSG Networks (NYSE:MSGN) Frequently Asked Questions

What is MSG Networks' stock symbol?

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

How will MSG Networks' stock buyback program work?

MSG Networks declared that its Board of Directors has initiated a stock repurchase program on Saturday, December 9th 2017, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

How were MSG Networks' earnings last quarter?

MSG Networks Inc (NYSE:MSGN) posted its quarterly earnings data on Thursday, May, 2nd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.05. The firm had revenue of $195.10 million for the quarter, compared to analyst estimates of $192.03 million. MSG Networks had a negative return on equity of 32.61% and a net margin of 26.27%. The firm's quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.62 EPS. View MSG Networks' Earnings History.

When is MSG Networks' next earnings date?

MSG Networks is scheduled to release their next quarterly earnings announcement on Wednesday, August 21st 2019. View Earnings Estimates for MSG Networks.

What price target have analysts set for MSGN?

5 brokerages have issued twelve-month target prices for MSG Networks' shares. Their predictions range from $20.00 to $32.00. On average, they expect MSG Networks' share price to reach $24.50 in the next year. This suggests a possible upside of 11.6% from the stock's current price. View Analyst Price Targets for MSG Networks.

What is the consensus analysts' recommendation for MSG Networks?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MSG Networks in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MSG Networks.

Has MSG Networks been receiving favorable news coverage?

News stories about MSGN stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing 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 nearest to five being the most favorable. MSG Networks earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of MSG Networks' key competitors?

What other stocks do shareholders of MSG Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MSG Networks investors own include FTS International (FTSI), Corus Entertainment (CJREF), Applied Materials (AMAT), Casa Systems (CASA), Advanced Energy Industries (AEIS), KLA-Tencor (KLAC), Nektar Therapeutics (NKTR), SP Plus (SP), Argan (AGX) and Western Digital (WDC).

Who are MSG Networks' key executives?

MSG Networks' management team includes the folowing people:
  • Mr. James L. Dolan, Exec. Chairman (Age 64)
  • Ms. Andrea Greenberg, Pres & CEO (Age 60)
  • Mr. Bret Richter, Exec. VP, Treasurer & CFO (Age 49)
  • Ms. Dawn Darino-Gorski, Sr. VP, Controller & Principal Accounting Officer (Age 51)
  • Mr. Lawrence J. Burian, Exec. VP, Gen. Counsel & Sec. (Age 49)

Who are MSG Networks' major shareholders?

MSG Networks' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.93%), Dimensional Fund Advisors LP (2.93%), Gamco Investors INC. ET AL (2.66%), Goldman Sachs Group Inc. (2.34%), FMR LLC (2.05%) and Gabelli Funds LLC (1.89%). View Institutional Ownership Trends for MSG Networks.

Which major investors are selling MSG Networks stock?

MSGN stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Acadian Asset Management LLC, JPMorgan Chase & Co., Freestone Capital Holdings LLC, Morgan Stanley, Oxford Asset Management LLP, James Investment Research Inc. and Jefferies Group LLC. View Insider Buying and Selling for MSG Networks.

Which major investors are buying MSG Networks stock?

MSGN stock was acquired by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, BlackRock Inc., State of New Jersey Common Pension Fund D, Raymond James & Associates, Federated Investors Inc. PA, Goldman Sachs Group Inc., AJO LP and Tributary Capital Management LLC. View Insider Buying and Selling for MSG Networks.

How do I buy shares of MSG Networks?

Shares of MSGN 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, Scottrade, Fidelity and Charles Schwab.

What is MSG Networks' stock price today?

One share of MSGN stock can currently be purchased for approximately $21.95.

How big of a company is MSG Networks?

MSG Networks has a market capitalization of $1.64 billion and generates $696.65 million in revenue each year. The company earns $288.86 million in net income (profit) each year or $3.81 on an earnings per share basis. MSG Networks employs 180 workers across the globe.

What is MSG Networks' official website?

The official website for MSG Networks is http://www.msgnetworks.com.

How can I contact MSG Networks?

MSG Networks' mailing address is 11 PENNSYLVANIA PLAZA, NEW YORK NY, 10001. The company can be reached via phone at 212-465-6400 or via email at [email protected]


MarketBeat Community Rating for MSG Networks (NYSE MSGN)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  231 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  488
MarketBeat's community ratings are surveys of what our community members think about MSG Networks and other stocks. Vote "Outperform" if you believe MSGN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MSGN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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