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MSG Networks Stock Price, Forecast & Analysis (NYSE:MSGN)

$18.07
-0.33 (-1.79 %)
(As of 11/17/2019 04:00 PM ET)
Today's Range
$17.99
Now: $18.07
$18.54
50-Day Range
$15.31
MA: $16.48
$18.33
52-Week Range
$13.73
Now: $18.07
$27.85
Volume572,194 shs
Average Volume788,183 shs
Market Capitalization$1.35 billion
P/E Ratio7.35
Dividend YieldN/A
Beta0.68
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. Read More…

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$720.84 million
Cash Flow$2.58 per share
Book Value($8.91) per share

Profitability

Net Income$186.18 million

Miscellaneous

Employees180
Market Cap$1.35 billion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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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 announced that its Board of Directors has approved a share buyback plan on Saturday, December 9th 2017, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

How were MSG Networks' earnings last quarter?

MSG Networks Inc (NYSE:MSGN) announced its earnings results on Thursday, November, 7th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.58 by $0.01. The company earned $160.98 million during the quarter, compared to analysts' expectations of $160.64 million. MSG Networks had a negative return on equity of 33.28% and a net margin of 25.42%. The business's revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.62 earnings per share. View MSG Networks' Earnings History.

When is MSG Networks' next earnings date?

MSG Networks is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for MSG Networks.

What price target have analysts set for MSGN?

8 Wall Street analysts have issued 12-month target prices for MSG Networks' shares. Their forecasts range from $15.00 to $24.00. On average, they expect MSG Networks' stock price to reach $17.36 in the next twelve months. This suggests that the stock has a possible downside of 3.9%. View Analyst Price Targets for MSG Networks.

What is the consensus analysts' recommendation for MSG Networks?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MSG Networks in the last year. There are currently 3 sell ratings, 4 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 very negative recently, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. MSG Networks earned a news impact score of -3.5 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for MSG Networks.

Are investors shorting MSG Networks?

MSG Networks saw a drop in short interest in October. As of October 31st, there was short interest totalling 14,470,000 shares, a drop of 21.9% from the September 30th total of 18,520,000 shares. Based on an average daily trading volume, of 1,250,000 shares, the days-to-cover ratio is currently 11.6 days. Currently, 32.3% of the shares of the stock are sold short. View MSG Networks' Current Options Chain.

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 Corus Entertainment (CJREF), Applied Materials (AMAT), FTS International (FTSI), Advanced Energy Industries (AEIS), Casa Systems (CASA), 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 investors include Alberta Investment Management Corp (2.64%), Gamco Investors INC. ET AL (2.59%), River Road Asset Management LLC (2.03%), Gabelli Funds LLC (1.91%), Systematic Financial Management LP (1.89%) and Peregrine Capital Management LLC (0.49%). 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 State of New Jersey Common Pension Fund D, Chicago Equity Partners LLC, Peregrine Capital Management LLC, Envestnet Asset Management Inc., Gamco Investors INC. ET AL and Nisa Investment Advisors 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 Alberta Investment Management Corp, Systematic Financial Management LP, River Road Asset Management LLC, Alpine Group USVI LLC, Alpine Group USVI LLC, Denali Advisors LLC, Trust Co. of Vermont and Tower Research Capital LLC TRC. 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, Robinhood, Fidelity and Charles Schwab.

What is MSG Networks' stock price today?

One share of MSGN stock can currently be purchased for approximately $18.07.

How big of a company is MSG Networks?

MSG Networks has a market capitalization of $1.35 billion and generates $720.84 million in revenue each year. The company earns $186.18 million in net income (profit) each year or $2.46 on an earnings per share basis. MSG Networks employs 180 workers across the globe.View Additional Information About MSG Networks.

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:  2.3 out of 5 (star star)
Outperform Votes:  260 (Vote Outperform)
Underperform Votes:  309 (Vote Underperform)
Total Votes:  569
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 11/17/2019 by MarketBeat.com Staff

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