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

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$22.83 -0.33 (-1.42 %)
(As of 04/22/2019 04:00 PM ET)
Previous Close$23.16
Today's Range$22.53 - $23.21
52-Week Range$17.95 - $28.13
Volume445,511 shs
Average Volume427,496 shs
Market Capitalization$1.71 billion
P/E Ratio5.99
Dividend YieldN/A
Beta0.77
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$3.9774 per share
Book Value($8.82) per share

Profitability

Net Income$288.86 million

Miscellaneous

Employees180
Market Cap$1.71 billion
Next Earnings Date5/2/2019 (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 approved a stock buyback plan on Saturday, December 9th 2017, which permits the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

How were MSG Networks' earnings last quarter?

MSG Networks Inc (NYSE:MSGN) announced its quarterly earnings data on Tuesday, February, 5th. The company reported $0.58 EPS for the quarter, missing analysts' consensus estimates of $0.63 by $0.05. The business earned $192.90 million during the quarter, compared to analyst estimates of $186.33 million. MSG Networks had a negative return on equity of 28.99% and a net margin of 25.57%. The firm's revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 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 Thursday, May 2nd 2019. View Earnings Estimates for MSG Networks.

What price target have analysts set for MSGN?

5 Wall Street analysts have issued twelve-month price targets for MSG Networks' stock. Their forecasts range from $19.00 to $32.00. On average, they anticipate MSG Networks' share price to reach $24.6667 in the next twelve months. This suggests a possible upside of 8.0% 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?

Media coverage about MSGN stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MSG Networks earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the immediate future.

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), Applied Materials (AMAT), Corus Entertainment (CJREF), 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 variety of of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (0.89%), Peregrine Capital Management LLC (0.61%), KAMES CAPITAL plc (0.14%), Nisa Investment Advisors LLC (0.03%), Denali Advisors LLC (0.02%) and Meeder Asset Management Inc. (0.00%). 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 Peregrine Capital Management LLC and Nisa Investment Advisors LLC. View Insider Buying and Selling for MSG Networks.

Which major investors are buying MSG Networks stock?

MSGN stock was purchased by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, KAMES CAPITAL plc, Denali Advisors LLC and Meeder Asset Management Inc.. 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 $22.83.

How big of a company is MSG Networks?

MSG Networks has a market capitalization of $1.71 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:  228 (Vote Outperform)
Underperform Votes:  250 (Vote Underperform)
Total Votes:  478
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 4/22/2019 by MarketBeat.com Staff

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