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: $1.58 billion
  • Outstanding Shares: 75,085,000
Average Prices:
  • 50 Day Moving Avg: $21.05
  • 200 Day Moving Avg: $21.99
  • 52 Week Range: $18.25 - $25.30
P/E:
  • Trailing P/E Ratio: 9.49
  • Foreward P/E Ratio: 9.21
  • P/E Growth: 2.26
Sales & Book Value:
  • Annual Revenue: $675.35 million
  • Price / Sales: 2.35
  • Book Value: ($12.57) per share
  • Price / Book: -1.68
Profitability:
  • EBITDA: $323.56 million
  • Net Margins: 24.78%
  • Return on Equity: -16.56%
  • Return on Assets: 20.02%
Debt:
  • Debt-to-Equity Ratio: -1.31%
  • Current Ratio: 2.44%
  • Quick Ratio: 2.44%
Misc:
  • Average Volume: 486,106 shs.
  • Beta: 0.76
  • Short Ratio: 11.81
 

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) released its quarterly earnings data on Wednesday, August, 16th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.01. The business earned $162.90 million during the quarter, compared to analysts' expectations of $161.91 million. MSG Networks had a net margin of 24.78% and a negative return on equity of 16.56%. The company's revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.57 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 Thursday, November, 2nd 2017. View Earnings Estimates for MSG Networks.

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

10 analysts have issued 1 year price targets for MSG Networks' stock. Their forecasts range from $19.00 to $28.00. On average, they anticipate MSG Networks' stock price to reach $24.86 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. " (10/18/2017)
  • 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 institutional and retail investors. Top institutional shareholders include Rockefeller Financial Services Inc. (0.01%). Company insiders that own MSG Networks stock include Kathleen Margaret Dolan and Marianne Dolan Weber. View Institutional Ownership Trends for MSG Networks.

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

MSG Networks' stock was bought by a variety of institutional investors in the last quarter, including Rockefeller Financial Services Inc.. 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 $21.10.


MarketBeat Community Rating for MSG Networks (NYSE MSGN)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  121 (Vote Outperform)
Underperform Votes:  157 (Vote Underperform)
Total Votes:  278
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: 4 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $24.86 (17.81% upside)
Consensus Price Target History for MSG Networks (NYSE:MSGN)
Price Target History for MSG Networks (NYSE:MSGN)
Analysts' Ratings History for MSG Networks (NYSE:MSGN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017KeyCorpReiterated RatingHoldN/AView Rating Details
10/11/2017Loop CapitalUpgradeHold -> Buy$19.00N/AView Rating Details
9/21/2017Jefferies Group LLCReiterated RatingHold$22.00LowView Rating Details
8/30/2017FBN SecuritiesUpgradeSector Perform -> OutperformHighView 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
12/9/2016GuggenheimUpgradeNeutral -> 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
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
(Data available from 10/20/2015 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
11/2/2017        
8/16/2017Q4 2017$0.51$0.52$161.91 million$162.90 millionViewN/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: 76.95%
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
finance.yahoo.com logoMSG Networks, Inc. – Value Analysis (NYSE:MSGN) : October 16, 2017
finance.yahoo.com - October 17 at 12:24 AM
americanbankingnews.com logoLoop Capital Upgrades MSG Networks Inc. (MSGN) to "Buy"
www.americanbankingnews.com - October 16 at 12:50 AM
finance.yahoo.com logoMSG Networks, Inc. breached its 50 day moving average in a Bearish Manner : MSGN-US : October 13, 2017
finance.yahoo.com - October 14 at 5:20 AM
finance.yahoo.com logoMSG Networks Deleveraging Is Working
finance.yahoo.com - October 12 at 7:04 AM
americanbankingnews.com logoMSG Networks Inc. (MSGN) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - October 8 at 4:42 PM
americanbankingnews.com logo Analysts Expect MSG Networks Inc. (MSGN) Will Post Quarterly Sales of $157.48 Million
www.americanbankingnews.com - September 30 at 1:20 AM
americanbankingnews.com logo Analysts Expect MSG Networks Inc. (MSGN) to Post $0.52 EPS
www.americanbankingnews.com - September 29 at 12:26 AM
nasdaq.com logoAnalysts Anticipate PBS Will Reach $31
www.nasdaq.com - September 27 at 8:36 PM
globenewswire.com logoMSG Networks Expands Digital Presence Leading Up to 2017-18 NBA and NHL Seasons - GlobeNewswire (press release)
globenewswire.com - September 27 at 3:34 PM
globenewswire.com logoMSG Networks Expands Digital Presence Leading Up to 2017-18 NBA and NHL Seasons - GlobeNewswire (press release)
globenewswire.com - September 27 at 3:34 PM
finance.yahoo.com logofuboTV to Launch MSG Networks
finance.yahoo.com - September 26 at 6:17 PM
finance.yahoo.com logoMSG Networks Expands Digital Presence Leading Up to 2017-18 NBA and NHL Seasons
finance.yahoo.com - September 26 at 6:17 PM
finance.yahoo.com logoCan UFC 217 Smash Another Madison Square Garden Record on November 4?
finance.yahoo.com - September 26 at 6:17 PM
americanbankingnews.com logoMSG Networks Inc. (MSGN) Earns "Hold" Rating from Jefferies Group LLC
www.americanbankingnews.com - September 23 at 12:44 PM
finance.yahoo.com logoMSG Networks and DIRECTV Team Up to Make “MSG GO” Available to DIRECTV Subscribers in Time for 2017/18 NBA and NHL Seasons
finance.yahoo.com - September 22 at 9:05 AM
finance.yahoo.com logoMSG Networks, Inc. breached its 50 day moving average in a Bearish Manner : MSGN-US : September 19, 2017
finance.yahoo.com - September 20 at 6:33 AM
finance.yahoo.com logoDoes MSG Networks Inc’s (MSGN) PE Ratio Signal A Buying Opportunity?
finance.yahoo.com - September 15 at 6:25 AM
americanbankingnews.com logoMSG Networks Inc. (MSGN) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - September 13 at 6:42 PM
finance.yahoo.com logoCharles Oakley sues MSG, Dolan over removal from game, aftermath
finance.yahoo.com - September 13 at 6:45 AM
finance.yahoo.com logoFormer NBA Star Charles Oakley Files Suit Against Knicks Owner James Dolan, MSG
finance.yahoo.com - September 13 at 6:45 AM
americanbankingnews.com logo$157.48 Million in Sales Expected for MSG Networks Inc. (MSGN) This Quarter
www.americanbankingnews.com - September 12 at 11:40 AM
finance.yahoo.com logoKnicks Make a Winner Out of Dolan Even as TV Businesses Sour
finance.yahoo.com - September 7 at 6:28 AM
finance.yahoo.com logoMSG Networks, Inc. breached its 50 day moving average in a Bullish Manner : MSGN-US : September 5, 2017
finance.yahoo.com - September 6 at 6:31 AM
finance.yahoo.com logoShould Value Investors Consider MSG Networks (MSGN) Now?
finance.yahoo.com - September 6 at 6:31 AM
finance.yahoo.com logoHouston Rockets' $2.2 Billion Sale Boosts MSG's Stock
finance.yahoo.com - September 6 at 6:31 AM
americanbankingnews.com logoMSG Networks Inc. (MSGN) Rating Increased to Outperform at FBN Securities
www.americanbankingnews.com - August 30 at 1:14 PM
finance.yahoo.com logoMSG Networks, Inc. :MSGN-US: Earnings Analysis: Q4, 2017 By the Numbers : August 23, 2017
finance.yahoo.com - August 24 at 9:35 AM
americanbankingnews.com logoMSG Networks Inc. (MSGN) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - August 19 at 4:46 PM
finance.yahoo.com logoMSG Networks, Inc. :MSGN-US: Earnings Analysis: 2017 By the Numbers : August 18, 2017
finance.yahoo.com - August 19 at 2:40 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about MSG Networks Inc.
finance.yahoo.com - August 17 at 8:41 PM
finance.yahoo.com logoInvestor Network: MSG Networks Inc. Class A to Host Earnings Call
finance.yahoo.com - August 17 at 5:21 AM
finance.yahoo.com logoMSG Networks Inc. Reports Fourth Quarter and Fiscal 2017 Results
finance.yahoo.com - August 17 at 5:21 AM
finance.yahoo.com logoEdited Transcript of MSGN earnings conference call or presentation 16-Aug-17 2:00pm GMT
finance.yahoo.com - August 17 at 5:21 AM
finance.yahoo.com logoMSG Networks tops 4Q profit forecasts
finance.yahoo.com - August 17 at 5:21 AM
americanbankingnews.com logoMSG Networks Inc. (MSGN) Announces Quarterly Earnings Results
www.americanbankingnews.com - August 16 at 10:02 AM
americanbankingnews.com logoMSG Networks' (NYSE:MSGN) "Hold" Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - August 14 at 6:06 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Madison Square Garden Co.
finance.yahoo.com - August 12 at 5:57 AM
americanbankingnews.com logoMSG Networks (NYSE:MSGN) vs. Time Warner (TWX) Head-To-Head Survey
www.americanbankingnews.com - August 11 at 6:18 PM
finance.yahoo.com logoIHS Markit Score Update: Drop in demand for ETFs holding MSG Networks Inc is a negative sign for its shares
finance.yahoo.com - August 11 at 6:39 AM
americanbankingnews.com logoHead-To-Head Survey: Time Warner (TWX) and MSG Networks (NYSE:MSGN)
www.americanbankingnews.com - August 9 at 12:24 PM
americanbankingnews.com logoMSG Networks Inc. (NYSE:MSGN) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - August 9 at 7:10 AM
finance.yahoo.com logoThe banner honoring Phish's historic 13-night run in Madison Square Garden will remain — but there's a catch
finance.yahoo.com - August 9 at 1:16 AM
americanbankingnews.com logoMSG Networks (NYSE:MSGN) and Time Warner (TWX) Head to Head Review
www.americanbankingnews.com - August 5 at 4:18 PM
nasdaq.com logoMSG Networks Inc. to Host Fiscal 2017 Fourth Quarter and Year-End Conference Call
www.nasdaq.com - August 5 at 4:38 AM
finance.yahoo.com logoMSG Networks Inc. to Host Fiscal 2017 Fourth Quarter and Year-End Conference Call
finance.yahoo.com - August 5 at 4:38 AM
americanbankingnews.com logo$0.51 EPS Expected for MSG Networks Inc. (NYSE:MSGN) This Quarter
www.americanbankingnews.com - August 4 at 10:28 AM
finance.yahoo.com logo“Giants Training Camp Live” Returns to MSG Networks on Friday, July 28 With Full Day of Giants Coverage Presented by Mercedes-Benz
finance.yahoo.com - July 27 at 4:30 AM
americanbankingnews.com logoCritical Comparison: MSG Networks (MSGN) & Time Warner (TWX)
www.americanbankingnews.com - July 26 at 4:13 PM
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

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Chart

MSG Networks (MSGN) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

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