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

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$21.89 -0.61 (-2.71 %)
(As of 01/23/2019 03:26 AM ET)
Previous Close$22.50
Today's Range$21.72 - $22.49
52-Week Range$17.95 - $28.13
Volume340,700 shs
Average Volume460,379 shs
Market Capitalization$1.63 billion
P/E Ratio5.75
Dividend YieldN/A
Beta0.85
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$3.93 per share
Book Value($8.82) per share

Profitability

Net Income$288.86 million

Miscellaneous

Employees180
Market Cap$1.63 billion
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 announced that its Board of Directors has authorized a share repurchase plan on Saturday, December 9th 2017, which authorizes the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

How were MSG Networks' earnings last quarter?

MSG Networks Inc (NYSE:MSGN) released its quarterly earnings data on Friday, November, 2nd. The company reported $0.62 earnings per share for the quarter, hitting the consensus estimate of $0.62. The firm earned $164.46 million during the quarter, compared to the consensus estimate of $162.59 million. MSG Networks had a net margin of 41.87% and a negative return on equity of 27.90%. The business's quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.54 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 Thursday, February 7th 2019. View Earnings Estimates for MSG Networks.

What price target have analysts set for MSGN?

6 Wall Street analysts have issued 12-month price objectives for MSG Networks' shares. Their forecasts range from $19.00 to $32.00. On average, they expect MSG Networks' share price to reach $27.00 in the next year. This suggests a possible upside of 23.3% from the stock's current price. View Analyst Price Targets for MSG Networks.

What is the consensus analysts' recommendation for MSG Networks?

6 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MSG Networks.

Has MSG Networks been receiving favorable news coverage?

Press coverage about MSGN stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. MSG Networks earned a news impact 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 press coverage is extremely unlikely to have an effect on the company's share price in the next few days.

Who are some of MSG Networks' key competitors?

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 variety of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.61%), KAMES CAPITAL plc (0.09%), Bank of Montreal Can (0.09%), James Investment Research Inc. (0.07%), Cumberland Advisors Inc. (0.05%) and Bowling Portfolio Management LLC (0.03%). View Institutional Ownership Trends for MSG Networks.

Which institutional investors are selling MSG Networks stock?

MSGN stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc. and Meeder Asset Management Inc.. View Insider Buying and Selling for MSG Networks.

Which institutional investors are buying MSG Networks stock?

MSGN stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Bank of Montreal Can, Cumberland Advisors Inc., KAMES CAPITAL plc and Bowling Portfolio 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 $21.89.

How big of a company is MSG Networks?

MSG Networks has a market capitalization of $1.63 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:  219 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  455
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 1/23/2019 by MarketBeat.com Staff

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