NYSE:MSGN - MSG Networks Stock Price, Price Target & More

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$23.10 -0.15 (-0.65 %)
(As of 06/25/2018 06:22 AM ET)
Previous Close$23.25
Today's Range$22.80 - $23.50
52-Week Range$16.15 - $26.30
Volume822,140 shs
Average Volume480,405 shs
Market Capitalization$1.74 billion
P/E Ratio10.41
Dividend YieldN/A
Beta0.76
MSG Networks logoMSG 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. The company 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
SymbolNYSE:MSGN
CUSIPN/A
Phone212-465-6400

Debt

Debt-to-Equity Ratio-1.64
Current Ratio2.61
Quick Ratio2.61

Price-To-Earnings

Trailing P/E Ratio10.41
Forward P/E Ratio9.83
P/E Growth1.53

Sales & Book Value

Annual Sales$675.35 million
Price / Sales2.58
Cash Flow$2.4063 per share
Price / Cash9.60
Book Value($12.57) per share
Price / Book-1.84

Profitability

EPS (Most Recent Fiscal Year)$2.22
Net Income$167.34 million
Net Margins41.18%
Return on Equity-21.60%
Return on Assets21.29%

Miscellaneous

Employees788
Outstanding Shares75,310,000

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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 initiated a stock buyback program on Saturday, December 9th 2017, which permits the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were MSG Networks' earnings last quarter?

MSG Networks Inc (NYSE:MSGN) released its quarterly earnings data on Thursday, May, 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.62. The business earned $186.60 million during the quarter, compared to analysts' expectations of $187.92 million. MSG Networks had a negative return on equity of 21.60% and a net margin of 41.18%. MSG Networks's revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.58 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 Wednesday, August, 15th 2018. View Earnings Estimates for MSG Networks.

What price target have analysts set for MSGN?

8 analysts have issued 1-year price objectives for MSG Networks' stock. Their predictions range from $19.00 to $31.00. On average, they expect MSG Networks' share price to reach $23.60 in the next twelve months. View Analyst Ratings for MSG Networks.

Who are some of MSG Networks' key competitors?

Who are MSG Networks' key executives?

MSG Networks' management team includes the folowing people:
  • Mr. James L. Dolan, Exec. Chairman (Age 63)
  • Ms. Andrea Greenberg, Pres & CEO (Age 59)
  • Mr. Bret Richter, Exec. VP, CFO & Treasurer (Age 48)
  • Ms. Dawn Darino-Gorski, Sr. VP, Controller & Principal Accounting Officer (Age 50)
  • Mr. Lawrence J. Burian, Exec. VP, Gen. Counsel & Sec. (Age 48)

Has MSG Networks been receiving favorable news coverage?

News headlines about MSGN stock have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MSG Networks earned a news sentiment score of 0.11 on Accern's scale. They also assigned media headlines about the company an impact score of 45.24 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are MSG Networks' major shareholders?

MSG Networks' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.12%), Dimensional Fund Advisors LP (2.82%), Gamco Investors INC. ET AL (2.69%), Neuberger Berman Group LLC (2.11%), Gabelli Funds LLC (1.86%) and Systematic Financial Management LP (1.23%). 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 Thompson Siegel & Walmsley LLC, Millennium Management LLC, Federated Investors Inc. PA, Alambic Investment Management L.P., Gamco Investors INC. ET AL, Wells Fargo & Company MN, American International Group Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for MSG Networks.

Which major investors are buying MSG Networks stock?

MSGN stock was acquired by a variety of institutional investors in the last quarter, including Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Element Capital Management LLC, Barclays PLC, Prudential Financial Inc., Guggenheim Capital LLC, Chicago Equity Partners LLC, Freestone Capital Holdings LLC and Virginia Retirement Systems ET AL. 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 $23.10.

How big of a company is MSG Networks?

MSG Networks has a market capitalization of $1.74 billion and generates $675.35 million in revenue each year. The company earns $167.34 million in net income (profit) each year or $2.22 on an earnings per share basis. MSG Networks employs 788 workers across the globe.

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 (MSGN)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  177 (Vote Outperform)
Underperform Votes:  196 (Vote Underperform)
Total Votes:  373
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 6/25/2018 by MarketBeat.com Staff

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