MSG Networks Company Profile (NYSE:MSGN)

About MSG Networks (NYSE:MSGN)

MSG Networks logoMSG Networks Inc., formerly The Madison Square Garden Company, is engaged in sports production, and content development and distribution. The Company owns and operates two regional sports and entertainment networks, MSG Network (MSGN) and MSG+, collectively MSG Networks. Its networks are distributed throughout its territory, which includes all of New York State and significant portions of New Jersey and Connecticut, as well as parts of Pennsylvania. The Company delivers live games of the New York Knicks (the Knicks) of the National Basketball Association (NBA); the New York Rangers (the Rangers), New York Islanders (the Islanders), New Jersey Devils (the Devils) and Buffalo Sabres (the Sabres) of the National Hockey League (NHL); the New York Liberty (the Liberty) of the Women's National Basketball Association; the New York Red Bulls (the Red Bulls) of Major League Soccer (MLS), and the Westchester Knicks of the National Basketball Association Developmental League.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Movie, TV Production & Distribution
  • Sub-Industry: N/A
  • Symbol: NYSE:MSGN
  • CUSIP: N/A
  • Web: www.msgnetworks.com
Capitalization:
  • Market Cap: $1.61 billion
  • Outstanding Shares: 61,490,000
Average Prices:
  • 50 Day Moving Avg: $22.12
  • 200 Day Moving Avg: $22.60
  • 52 Week Range: $15.05 - $25.30
P/E:
  • Trailing P/E Ratio: 9.18
  • Foreward P/E Ratio: 9.77
  • P/E Growth: 2.64
Sales & Book Value:
  • Annual Revenue: $673 million
  • Price / Sales: 1.96
  • Book Value: ($13.15) per share
  • Price / Book: -1.63
Profitability:
  • EBIDTA: $323.63 million
  • Net Margins: 26.21%
  • Return on Equity: -16.20%
  • Return on Assets: 20.43%
Debt:
  • Debt-to-Equity Ratio: -1.33%
  • Current Ratio: 2.31%
  • Quick Ratio: 2.31%
Misc:
  • Average Volume: 543,465 shs.
  • Beta: 0.79
  • Short Ratio: 9.1
 
Frequently Asked Questions for MSG Networks (NYSE:MSGN)

What is MSG Networks' stock symbol?

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

How were MSG Networks' earnings last quarter?

MSG Networks Inc. (NYSE:MSGN) posted its quarterly earnings data on Friday, May, 5th. The company reported $0.58 EPS for the quarter, missing the Zacks' consensus estimate of $0.59 by $0.01. The company had revenue of $183.20 million for the quarter, compared to analyst estimates of $182.81 million. MSG Networks had a net margin of 26.21% and a negative return on equity of 16.20%. MSG Networks's revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.59 EPS. View MSG Networks' Earnings History.

When will MSG Networks make its next earnings announcement?

MSG Networks is scheduled to release their next quarterly earnings announcement on Wednesday, August, 16th 2017. View Earnings Estimates for MSG Networks.

Where is MSG Networks' stock going? Where will MSG Networks' stock price be in 2017?

9 brokerages have issued 12 month price targets for MSG Networks' shares. Their predictions range from $18.00 to $28.00. On average, they anticipate MSG Networks' share price to reach $24.00 in the next twelve months. View Analyst Ratings for MSG Networks.

What are analysts saying about MSG Networks stock?

Here are some recent quotes from research analysts about MSG Networks stock:

  • 1. According to Zacks Investment Research, "MSG Networks Inc. is engaged in production and content development which comprised of sports and entertainment networks, MSG Network and MSG+ as well as MSGNetworks.com and MSG GO. MSG Networks Inc., formerly known as Madison Square Garden Company, is based in New York. " (7/15/2017)
  • 2. Jefferies Group LLC analysts commented, "MSGN reported rev and AOCF of $176M / $86M vs. JEFe $175M / $81M as both affiliate and adv were largely in line but direct Op Ex came in below expectations (partly due to the benefit of a 1x item related to the sale of Fuse). All in all, a fairly straightforward quarter, but we are incrementally more positive on MSGN as the opportunity to add subs w/ VMVPDs remains on the table." (2/3/2017)

Who are some of MSG Networks' key competitors?

Who are MSG Networks' key executives?

MSG Networks' management team includes the folowing people:

  • James L. Dolan, Executive Chairman of the Board
  • Andrea Greenberg, President, Chief Executive Officer
  • Bret Richter, Chief Financial Officer, Executive Vice President, Treasurer
  • Lawrence J. Burian, Executive Vice President, General Counsel, Secretary
  • Dawn Darino-Gorski, Senior Vice President, Controller, Principal Accounting Officer
  • William J. Bell, Director
  • Paul J. Dolan, Director
  • Quentin F. Dolan, Director
  • Thomas C. Dolan, Director
  • Wilton Hildenbrand, Director

Who owns MSG Networks stock?

MSG Networks' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (0.91%), Hays Advisory LLC (0.28%), Aperio Group LLC (0.18%), James Investment Research Inc. (0.13%), Russell Investments Group Ltd. (0.09%) and First National Bank of Omaha (0.07%). Company insiders that own MSG Networks stock include Kathleen Margaret Dolan and Marianne Dolan Weber. View Institutional Ownership Trends for MSG Networks.

Who sold MSG Networks stock? Who is selling MSG Networks stock?

MSG Networks' stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Russell Investments Group Ltd., Aperio Group LLC, Independent Portfolio Consultants Inc., Bank of Montreal Can, First National Bank of Omaha and Nisa Investment Advisors LLC. View Insider Buying and Selling for MSG Networks.

Who bought MSG Networks stock? Who is buying MSG Networks stock?

MSG Networks' stock was acquired by a variety of institutional investors in the last quarter, including Hays Advisory LLC, Tributary Capital Management LLC, Oxbow Advisors LLC, James Investment Research Inc. and Dubuque Bank & Trust Co.. View Insider Buying and Selling for MSG Networks.

How do I buy MSG Networks stock?

Shares of MSG Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MSG Networks' stock price today?

One share of MSG Networks stock can currently be purchased for approximately $21.40.


MarketBeat Community Rating for MSG Networks (NYSE MSGN)
Community Ranking:  2.1 out of 5 ( )
Outperform Votes:  90 (Vote Outperform)
Underperform Votes:  122 (Vote Underperform)
Total Votes:  212
MarketBeat's community ratings are surveys of what our community members think about MSG Networks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for MSG Networks (NYSE:MSGN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $24.00 (12.15% upside)

Analysts' Ratings History for MSG Networks (NYSE:MSGN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/8/2017Jefferies Group LLCBoost Price TargetHold$20.00 -> $22.00LowView Rating Details
4/28/2017Morgan StanleyBoost Price TargetEqual Weight$22.00 -> $24.00LowView Rating Details
4/10/2017Evercore ISIReiterated RatingOutperformMediumView Rating Details
4/5/2017MacquarieDowngradeOutperform -> Neutral$26.00HighView Rating Details
1/31/2017Bank of America CorporationInitiated CoverageBuy$27.00N/AView Rating Details
12/16/2016Loop CapitalDowngradeHold -> Sell$18.00N/AView Rating Details
12/9/2016GuggenheimUpgradeNeutral -> Buy$28.00N/AView Rating Details
12/4/2016Albert Fried & CompanyReiterated RatingBuy$28.00N/AView Rating Details
8/19/2016J P Morgan Chase & CoReiterated RatingHold$19.00N/AView Rating Details
5/12/2016FBN SecuritiesInitiated CoverageSector Perform$19.69N/AView Rating Details
3/29/2016Pacific CrestInitiated CoverageSector WeightN/AView Rating Details
2/8/2016Topeka Capital MarketsReiterated RatingHold$20.00 -> $19.00N/AView Rating Details
1/19/2016Stifel NicolausDowngradeHold -> Sell$17.00N/AView Rating Details
10/12/2015BTIG ResearchReiterated RatingBuy$30.00N/AView Rating Details
10/7/2015Cantor FitzgeraldInitiated CoverageHold$19.00N/AView Rating Details
(Data available from 7/26/2015 forward)

Earnings

Earnings History for MSG Networks (NYSE:MSGN)
Earnings by Quarter for MSG Networks (NYSE:MSGN)
Earnings History by Quarter for MSG Networks (NYSE MSGN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/16/2017$0.52N/AView Earnings Details
5/5/2017Q3 2017$0.59$0.58$182.81 million$183.20 millionViewN/AView Earnings Details
2/2/2017Q217$0.53$0.57$176.35 million$175.60 millionViewListenView Earnings Details
11/3/2016Q117$0.45$0.54$152.32 million$153.60 millionViewN/AView Earnings Details
8/18/2016Q416$0.49$0.57$159.84 million$160.50 millionViewListenView Earnings Details
5/4/2016Q316$0.51$0.59$174.50 million$179.60 millionViewN/AView Earnings Details
2/5/2016Q216$0.49$0.45$169.08 million$169.90 millionViewN/AView Earnings Details
11/5/2015Q116$0.53$0.54$146.26 million$148.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MSG Networks (NYSE:MSGN)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.55$0.55$0.55
Q2 20171$0.48$0.48$0.48
(Data provided by Zacks Investment Research)

Dividends

Dividend History for MSG Networks (NYSE:MSGN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for MSG Networks (NYSE:MSGN)
Insider Ownership Percentage: 18.12%
Institutional Ownership Percentage: 78.56%
Insider Trades by Quarter for MSG Networks (NYSE:MSGN)
Institutional Ownership by Quarter for MSG Networks (NYSE:MSGN)
Insider Trades by Quarter for MSG Networks (NYSE:MSGN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2016Kathleen Margaret DolanInsiderBuy47,864$16.80$804,115.20View SEC Filing  
11/12/2015Marianne Dolan WeberinsiderSell16,000$20.84$333,440.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MSG Networks (NYSE:MSGN)
Latest Headlines for MSG Networks (NYSE:MSGN)
Source:
DateHeadline
americanbankingnews.com logoMSG Networks Inc. (MSGN) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 25 at 6:45 PM
americanbankingnews.com logoFinancial Review: DreamWorks Animation (DWA) versus MSG Networks (NYSE:MSGN)
www.americanbankingnews.com - July 25 at 8:43 AM
americanbankingnews.com logoFinancial Review: The Madison Square Garden (MSG) and MSG Networks (NYSE:MSGN)
www.americanbankingnews.com - July 23 at 4:21 PM
americanbankingnews.com logoCritical Contrast: The Madison Square Garden (MSG) & MSG Networks (NYSE:MSGN)
www.americanbankingnews.com - July 21 at 12:07 PM
finance.yahoo.com logoMSG Networks, Inc. breached its 50 day moving average in a Bearish Manner : MSGN-US : July 19, 2017
finance.yahoo.com - July 20 at 1:42 AM
americanbankingnews.com logoMSG Networks Inc. (MSGN) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - July 15 at 1:06 PM
americanbankingnews.com logo$162.63 Million in Sales Expected for MSG Networks Inc. (MSGN) This Quarter
www.americanbankingnews.com - July 15 at 9:52 AM
finance.yahoo.com logoMSG Networks Sees RS Rating Climb To 71
finance.yahoo.com - July 15 at 6:39 AM
americanbankingnews.com logoContrasting DreamWorks Animation (DWA) & MSG Networks (MSGN)
www.americanbankingnews.com - July 14 at 10:29 PM
zacks.com logoWorld Wrestling's Action Plans Bode Well: Should You Hold?
www.zacks.com - July 14 at 6:38 AM
americanbankingnews.com logo Analysts Expect MSG Networks Inc. (NYSE:MSGN) to Announce $0.50 Earnings Per Share
www.americanbankingnews.com - July 13 at 8:29 AM
americanbankingnews.com logoAnalyzing DreamWorks Animation (DWA) and MSG Networks (NYSE:MSGN)
www.americanbankingnews.com - July 4 at 8:16 PM
americanbankingnews.com logoCritical Contrast: MSG Networks (NYSE:MSGN) versus DreamWorks Animation (DWA)
www.americanbankingnews.com - July 2 at 2:06 PM
finance.yahoo.com logoMSG Networks, Inc. – Value Analysis (NYSE:MSGN) : June 30, 2017
finance.yahoo.com - July 1 at 2:36 AM
americanbankingnews.com logoBidaskClub Upgrades MSG Networks Inc. (NYSE:MSGN) to Buy
www.americanbankingnews.com - June 30 at 9:38 PM
finance.yahoo.com logoMSG Networks, Inc. breached its 50 day moving average in a Bullish Manner : MSGN-US : June 29, 2017
finance.yahoo.com - June 30 at 2:02 AM
americanbankingnews.com logoReviewing The Madison Square Garden Company (MSG) and MSG Networks (MSGN)
www.americanbankingnews.com - June 26 at 4:14 PM
americanbankingnews.com logoMSG Networks Inc. (MSGN) Expected to Post Quarterly Sales of $163.69 Million
www.americanbankingnews.com - June 21 at 12:36 PM
finance.yahoo.com logoMSG Networks Announces Launch of Late-Night Sports Series, People Talking Sports* (*and Other Stuff), Starring Comedian Sam Morril
finance.yahoo.com - June 20 at 7:42 PM
americanbankingnews.com logoMSG Networks Inc. (MSGN) Expected to Announce Earnings of $0.50 Per Share
www.americanbankingnews.com - June 19 at 9:02 AM
finance.yahoo.com logo[$$] Entertainment Companies Back Tech Startup Founded by a Peltz Son
finance.yahoo.com - June 16 at 7:51 AM
finance.yahoo.com logoETFs with exposure to MSG Networks, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 6:49 PM
finance.yahoo.com logoMSG Networks Erects New Sign and Video Displays on 32nd Street and 7th Avenue
finance.yahoo.com - June 6 at 7:22 PM
americanbankingnews.com logoMSG Networks Inc (MSGN) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - June 5 at 11:11 AM
americanbankingnews.com logoMSG Networks Inc (MSGN) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - June 4 at 7:16 AM
finance.yahoo.com logoMSG Networks, Inc. :MSGN-US: Earnings Analysis: Q3, 2017 By the Numbers : May 15, 2017
finance.yahoo.com - May 15 at 6:00 PM
finance.yahoo.com logoEdited Transcript of MSGN earnings conference call or presentation 5-May-17 2:00pm GMT
finance.yahoo.com - May 9 at 6:20 PM
finance.yahoo.com logoMSG Networks, Inc. – Value Analysis (NYSE:MSGN) : May 9, 2017
finance.yahoo.com - May 9 at 6:20 PM
americanbankingnews.com logoMSG Networks Inc (MSGN) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - May 9 at 10:31 AM
americanbankingnews.com logoMSG Networks (MSGN) Receives Media Sentiment Score of 0.13
www.americanbankingnews.com - May 8 at 11:44 PM
americanbankingnews.com logoMSG Networks Inc (MSGN) Stock Rating Reaffirmed by Jefferies Group LLC
www.americanbankingnews.com - May 8 at 1:08 PM
finance.yahoo.com logoMSG Networks, Inc. breached its 50 day moving average in a Bullish Manner : MSGN-US : May 8, 2017
finance.yahoo.com - May 8 at 12:29 PM
streetinsider.com logoMSG Networks Inc. (MSGN) Misses Q3 EPS by 2c
www.streetinsider.com - May 5 at 11:57 PM
americanbankingnews.com logoMSG Networks Inc (MSGN) Announces Earnings Results
www.americanbankingnews.com - May 5 at 4:19 PM
finance.yahoo.com logoMSG Networks Inc. Reports Fiscal 2017 Third Quarter Results
finance.yahoo.com - May 5 at 9:28 AM
finance.yahoo.com logoMSG Networks misses Street 3Q forecasts
finance.yahoo.com - May 5 at 9:28 AM
americanbankingnews.com logo$183.71 Million in Sales Expected for MSG Networks Inc (MSGN) This Quarter
www.americanbankingnews.com - May 3 at 4:54 PM
americanbankingnews.com logoMSG Networks Inc (MSGN) to Release Earnings on Friday
www.americanbankingnews.com - May 3 at 9:56 AM
americanbankingnews.com logoZacks: Analysts Anticipate MSG Networks Inc (MSGN) Will Post Earnings of $0.59 Per Share
www.americanbankingnews.com - May 1 at 1:28 PM
americanbankingnews.com logoMSG Networks (MSGN) Earning Somewhat Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 4:19 PM
americanbankingnews.com logoMSG Networks Inc (MSGN) Receives "Equal Weight" Rating from Morgan Stanley
www.americanbankingnews.com - April 29 at 1:14 AM
nasdaq.com logoFirst Week of June 16th Options Trading For MSG Network (MSGN)
www.nasdaq.com - April 26 at 6:37 PM
americanbankingnews.com logoZacks Investment Research Downgrades MSG Networks Inc (MSGN) to Sell
www.americanbankingnews.com - April 25 at 1:34 PM
finance.yahoo.com logoMSG Networks Inc. to Host Fiscal 2017 Third Quarter Conference Call
finance.yahoo.com - April 24 at 7:18 PM
americanbankingnews.com logoMSG Networks (MSGN) Receives Daily News Sentiment Score of 0.28
www.americanbankingnews.com - April 23 at 8:09 PM
americanbankingnews.com logoMSG Networks Inc (MSGN) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - April 20 at 12:34 AM
americanbankingnews.com logoZacks Investment Research Lowers MSG Networks Inc (MSGN) to Hold
www.americanbankingnews.com - April 18 at 7:44 AM
americanbankingnews.com logoMSG Networks (MSGN) Earning Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 14 at 2:50 PM
americanbankingnews.com logoMSG Networks Inc (MSGN) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 14 at 12:24 PM
finance.yahoo.com logoMSG Network Is New York’s Home for Rangers Playoff Coverage
finance.yahoo.com - April 10 at 6:14 PM

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Chart

MSG Networks (MSGN) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff