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: $1.54285 billion
  • Outstanding Shares: 61,497,000
Average Prices:
  • 50 Day Moving Avg: $21.57
  • 200 Day Moving Avg: $22.41
  • 52 Week Range: $17.14 - $25.30
P/E:
  • Trailing P/E Ratio: 9.27
  • Foreward P/E Ratio: 9.09
  • P/E Growth: 2.19
Sales & Book Value:
  • Annual Revenue: $675.35 million
  • Price / Sales: 1.87
  • Book Value: ($12.57) per share
  • Price / Book: -1.63
Profitability:
  • EBIDTA: $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: 474,812 shs.
  • Beta: 0.78
  • 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) issued its earnings results 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 firm had revenue of $162.90 million for the quarter, compared to analysts' expectations of $161.91 million. MSG Networks had a negative return on equity of 16.56% and a net margin of 24.78%. The business's revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.57 earnings per share. 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?

8 brokerages have issued 1-year price targets for MSG Networks' stock. Their predictions range from $19.00 to $28.00. On average, they expect MSG Networks' share 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. " (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 a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.84%), Gamco Investors INC. ET AL (3.59%), Dimensional Fund Advisors LP (3.38%), Federated Investors Inc. PA (2.13%), State Street Corp (2.12%) and American Century Companies Inc. (2.12%). 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 Prudential Financial Inc., AJO LP, Federated Investors Inc. PA, Acadian Asset Management LLC, Balyasny Asset Management LLC, Thompson Siegel & Walmsley LLC, Numeric Investors LLC and TIAA CREF Investment Management LLC. View Insider Buying and Selling 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 Neuberger Berman Group LLC, Vanguard Group Inc., American Century Companies Inc., Koch Industries Inc., Hays Advisory LLC, Old Mutual Global Investors UK Ltd., Dimensional Fund Advisors LP and Bamco Inc. NY. 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 $20.55.


MarketBeat Community Rating for MSG Networks (NYSE MSGN)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  94 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  225
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, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $24.86 (20.96% upside)

Analysts' Ratings History for MSG Networks (NYSE:MSGN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/14/2017Jefferies Group LLCReiterated RatingHold$22.00MediumView Rating Details
8/7/2017Loop CapitalUpgradeSell -> Hold$19.00HighView 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
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 8/21/2015 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: 78.38%
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) 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 logoZacks: Brokerages Expect MSG Networks Inc. (NYSE:MSGN) Will Post Quarterly Sales of $162.89 Million
www.americanbankingnews.com - August 6 at 7:54 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
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

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MSG Networks (MSGN) Chart for Monday, August, 21, 2017

This page was last updated on 8/21/2017 by MarketBeat.com Staff