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

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$23.10 -0.30 (-1.28 %)
(As of 03/19/2019 01:08 PM ET)
Previous Close$23.40
Today's Range$23.0950 - $23.46
52-Week Range$17.95 - $28.13
Volume134,585 shs
Average Volume365,105 shs
Market Capitalization$1.73 billion
P/E Ratio6.06
Dividend YieldN/A
Beta0.79
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$4.2385 per share
Book Value($8.82) per share

Profitability

Net Income$288.86 million

Miscellaneous

EmployeesN/A
Market Cap$1.73 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 announced that its board has authorized a share buyback plan on Saturday, December 9th 2017, which allows the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually 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) released its earnings results on Tuesday, February, 5th. The company reported $0.58 EPS for the quarter, missing the Zacks' consensus estimate of $0.63 by $0.05. The firm earned $192.90 million during the quarter, compared to the consensus estimate of $186.33 million. MSG Networks had a negative return on equity of 28.99% and a net margin of 25.57%. The business's revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 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, May 2nd 2019. View Earnings Estimates for MSG Networks.

What price target have analysts set for MSGN?

5 analysts have issued twelve-month target prices for MSG Networks' stock. Their predictions 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 6.8% 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?

Press coverage about MSGN stock has trended somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. MSG Networks earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the company'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 Applied Materials (AMAT), Intel (INTC), Casa Systems (CASA), Micron Technology (MU), Viacom (VIAB), Western Digital (WDC), Advanced Energy Industries (AEIS), FTS International (FTSI), KLA-Tencor (KLAC) and Nektar Therapeutics (NKTR).

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.15%), FMR LLC (5.39%), Dimensional Fund Advisors LP (2.89%), Gamco Investors INC. ET AL (2.68%), Channing Capital Management LLC (2.56%) and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (1.99%). 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 Channing Capital Management LLC, Millennium Management LLC, D. E. Shaw & Co. Inc., Bank of America Corp DE, Bank of New York Mellon Corp, London Co. of Virginia, Chicago Equity Partners LLC and Freestone Capital Holdings LLC. View Insider Buying and Selling for MSG Networks.

Which major investors are buying MSG Networks stock?

MSGN stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Norges Bank, Oak Ridge Investments LLC, BlackRock Inc., Lord Abbett & CO. LLC, Peregrine Capital Management LLC, Acadian Asset Management LLC and Noked Capital LTD. 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 $23.0950.

How big of a company is MSG Networks?

MSG Networks has a market capitalization of $1.73 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.

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:  224 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  472
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 3/19/2019 by MarketBeat.com Staff

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