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MSGS

MSGS - Madison Square Garden Sports C Stock Price, Fair Value and News

186.07USD+0.98 (+0.53%)Market Closed

Market Summary

MSGS
USD186.07+0.98
Market Closed
0.53%

MSGS Stock Price

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MSGS RSI Chart

MSGS Valuation

Market Cap

4.5B

Price/Earnings (Trailing)

115.89

Price/Sales (Trailing)

5.08

EV/EBITDA

45.42

Price/Free Cashflow

45.04

MSGS Price/Sales (Trailing)

MSGS Profitability

EBT Margin

8.37%

Return on Equity

510.06%

Return on Assets

2.82%

Free Cashflow Yield

2.22%

MSGS Fundamentals

MSGS Revenue

Revenue (TTM)

879.6M

Rev. Growth (Yr)

-7.58%

Rev. Growth (Qtr)

659.42%

MSGS Earnings

Earnings (TTM)

38.5M

Earnings Growth (Yr)

-36.76%

Earnings Growth (Qtr)

175.58%

Breaking Down MSGS Revenue

Last 7 days

4.0%

Last 30 days

2.7%

Last 90 days

0.1%

Trailing 12 Months

-6.3%

How does MSGS drawdown profile look like?

MSGS Financial Health

Current Ratio

0.38

Debt/Equity

48.99

Debt/Cashflow

0.3

MSGS Investor Care

Dividend Yield

3.67%

Dividend/Share (TTM)

7

Buy Backs (1Y)

0.56%

Diluted EPS (TTM)

1.59

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023870.9M887.4M906.4M879.6M
2022719.9M821.4M837.9M854.4M
2021462.6M415.7M517.1M618.5M
2020678.4M603.3M556.4M509.5M
2019979.2M729.4M728.4M734.3M
20181.5B1.6B1.4B1.1B
20171.2B1.3B1.4B1.5B
20161.2B1.1B1.1B1.2B
20151.0B1.1B1.1B1.1B
20140913.6M953.1M992.6M

Tracking the Latest Insider Buys and Sells of Madison Square Garden Sports C

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 15, 2024
dolan charles f
acquired
610,940
182
3,350
-
Mar 06, 2024
dolan james lawrence
sold
-3,345,800
185
-18,000
executive chairman
Feb 28, 2024
dolan james lawrence
sold
-3,568,940
187
-19,003
executive chairman
Feb 27, 2024
dolan james lawrence
sold
-3,765,340
188
-20,000
executive chairman
Feb 26, 2024
dolan james lawrence
sold
-1,566,880
190
-8,236
executive chairman
Feb 08, 2024
hopkinson david g.
sold
-180,070
192
-936
president & coo
Nov 24, 2023
lustgarten andrew
acquired
-
-
10,963
-
Nov 24, 2023
lustgarten andrew
sold (taxes)
-1,039,630
171
-6,062
-
Sep 15, 2023
shvartsman alexander
acquired
-
-
2,128
svp, controller & pao
Sep 15, 2023
dolan james lawrence
sold (taxes)
-2,570,530
178
-14,429
executive chairman

1–10 of 50

Which funds bought or sold MSGS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
Venturi Wealth Management, LLC
new
-
5,167
5,167
-%
Apr 23, 2024
Louisiana State Employees Retirement System
unchanged
-
22,327
1,531,520
0.03%
Apr 23, 2024
AMALGAMATED BANK
reduced
-23.28
-299,000
1,051,000
0.01%
Apr 23, 2024
FIFTH THIRD BANCORP
added
3.57
260
5,351
-%
Apr 23, 2024
Gradient Investments LLC
reduced
-75.00
-542
185
-%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
added
12.1
228,457
1,888,790
-%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
added
53.3
116,448
325,856
-%
Apr 22, 2024
SAPIENT CAPITAL LLC
new
-
8,247,310
8,247,310
0.18%
Apr 22, 2024
MetLife Investment Management, LLC
reduced
-1.9
767
65,822
-%
Apr 19, 2024
NORDEN GROUP LLC
new
-
555,394
555,394
0.01%

1–10 of 50

Are Funds Buying or Selling MSGS?

Are funds buying MSGS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MSGS
No. of Funds

Unveiling Madison Square Garden Sports C's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 11, 2024
vanguard group inc
10.00%
1,942,456
SC 13G/A
Feb 14, 2024
ariel investments, llc
4.9%
946,982
SC 13G/A
Feb 13, 2024
vanguard group inc
9.93%
1,926,892
SC 13G/A
Jan 24, 2024
blackrock inc.
10.8%
2,103,590
SC 13G/A
Aug 10, 2023
vanguard group inc
10.11%
1,958,557
SC 13G/A
Aug 08, 2023
blackrock inc.
11.7%
2,270,813
SC 13G
Feb 14, 2023
ariel investments, llc
5.4%
1,071,674
SC 13G/A
Feb 14, 2023
nns holding
0.68%
132,596
SC 13G/A
Feb 09, 2023
vanguard group inc
8.26%
1,635,608
SC 13G/A
Feb 14, 2022
ariel investments, llc
5.4%
1,068,012
SC 13G

Recent SEC filings of Madison Square Garden Sports C

View All Filings
Date Filed Form Type Document
Apr 15, 2024
144
Notice of Insider Sale Intent
Apr 03, 2024
8-K
Current Report
Apr 01, 2024
8-K
Current Report
Mar 19, 2024
4
Insider Trading
Mar 11, 2024
SC 13G/A
Major Ownership Report
Mar 08, 2024
4
Insider Trading
Mar 06, 2024
144
Notice of Insider Sale Intent
Mar 01, 2024
4
Insider Trading
Feb 28, 2024
144
Notice of Insider Sale Intent
Feb 28, 2024
4
Insider Trading

Peers (Alternatives to Madison Square Garden Sports C)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
239.2B
34.9B
-11.53% 72.10%
37.18
6.85
9.47% 53.23%
209.1B
88.9B
-4.52% 16.28%
70.01
2.35
5.35% -10.06%
20.7B
22.7B
-15.49% 35.05%
36.74
0.91
36.38% 90.31%
12.1B
9.0B
-18.77% -13.36%
9.65
1.36
-0.55% 3.71%
MID-CAP
8.9B
3.5B
-4.35% 7.12%
-12.5
2.55
11.45% -42.48%
8.3B
29.7B
10.74% -42.28%
-13.6
0.28
-1.66% -155.07%
7.9B
6.0B
3.16% 2.13%
22.16
1.33
13.14% 176.08%
5.5B
4.9B
-1.82% -3.71%
15.86
1.11
-5.33% -64.37%
4.5B
879.6M
2.69% -6.29%
115.89
5.08
2.95% -31.65%
2.1B
2.2B
-9.72% 58.91%
16.94
0.97
12.26% -7.46%
2.1B
3.1B
-0.06% 10.47%
7.55
0.69
24.93% 166.91%
SMALL-CAP
866.2M
4.8B
-19.56% -92.76%
-2.18
0.18
23.04% 59.26%
504.0M
2.7B
-5.89% -33.91%
2.34
0.19
-12.42% 2737.29%
12.2M
294.4M
152.94% -76.63%
-0.02
0.04
16.45% -513.05%

Madison Square Garden Sports C News

Latest updates
TipRanks • 03 Apr 2024 • 08:46 pm
Bloomberg • 11 Mar 2024 • 07:00 am

Madison Square Garden Sports C Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue659.4%326,898,00043,046,000126,920,000382,744,000353,694,000264,449,500175,205,000337,774,000289,581,000218,241,500146,902,000183,010,00028,771,00057,038,000162,334,500267,631,000292,798,00049,850,00068,150,000323,495,000286,931,000
  S&GA Expenses21.5%65,066,00053,556,00057,866,00061,102,00075,636,00055,281,00057,438,00068,902,00059,600,00043,728,00067,992,00046,803,00048,909,00042,996,00053,392,00090,045,00090,328,00085,910,000-63,764,000138,949,000136,935,000
EBITDA Margin-13.5%0.120.140.130.170.120.110.110.06-0.01-0.16-0.18-0.28-0.25-0.15-0.19-0.38-0.27-0.12-0.050.02-0.01
Interest Expenses7.1%7,419,0006,929,0006,489,0007,004,0006,079,0003,312,0002,577,0002,470,0003,585,0003,103,0003,146,0002,939,0002,487,0001,989,0002,221,000867,000796,000577,000-8,644,0004,405,0005,176,000
Income Taxes171.2%10,784,000-15,144,000-2,731,00042,962,00024,555,000-20,493,000-5,887,00034,993,00017,115,000-21,169,000-73,146,00053,000170,000-498,00031,725,0005,598,0002,773,000-19,503,000-25,224,00011,253,000656,000
Earnings Before Taxes173.6%25,008,000-33,965,000-12,225,00094,775,00046,391,000-39,020,00020,761,00058,912,00032,313,000-38,054,000-23,990,0005,148,000-40,963,000-29,513,000-47,251,0009,781,000-884,000-59,694,000-149,329,00045,416,00076,624,000
EBT Margin-20.2%0.080.100.100.140.100.090.090.04-0.04-0.19-0.21-0.24-0.21-0.12-0.16-0.29-0.22-0.12-0.080.00-0.04
Net Income175.6%14,224,000-18,821,000-9,257,00052,379,00022,491,000-17,820,00027,188,00024,503,00015,845,000-16,405,00049,620,0005,468,000-40,625,000-28,417,000-78,519,000-118,029,00094,141,000-79,981,000-73,231,00035,271,00081,599,000
Net Income Margin-15.2%0.040.050.050.100.070.060.060.100.090.00-0.03-0.31-0.52-0.24-0.30-0.26-0.03-0.050.020.040.01
Free Cashflow161.0%33,285,000-54,532,00037,524,00082,853,00029,901,0001,014,000113,777,00039,694,00043,144,000-19,491,00019,012,000-33,030,00035,791,000-57,565,000-127,797,000-120,947,00017,057,000-127,220,000-7,703,00032,656,00034,153,000
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.2%1,3681,3661,3151,3631,3011,3461,3021,3641,3491,3281,3101,3041,2921,2191,2344,3104,0823,9623,7643,9183,799
  Current Assets7.4%21620114926220822020526421916618520217596.001281,7421,4051,3361,4131,6151,515
    Cash Equivalents-26.0%38.0051.0040.0065.0044.0081.0091.0049.0055.0034.0065.0069.0071.0024.0078.002.002.002.004.001,1531,228
  Net PPE-1.8%30.0030.0031.0031.0032.0032.0033.0033.0034.0035.0036.0036.0037.0038.0040.001,5821,5761,45631.001,3181,288
  Goodwill0%227227227227227227227227227227227227227227227309393393227393393
Liabilities-1.0%1,7081,7251,6521,6961,6871,5181,4471,5421,5591,5601,5121,5601,5571,4591,4371,7101,3371,3491,0571,1381,078
  Current Liabilities1.2%560554521511483522438454452430368349348312290887870860760781728
  Short Term Borrowings0%30.0030.0030.0030.0030.0030.0030.0030.0030.0030.0030.0030.00---------
  Long Term Debt-10.8%33037029535040522022028533035535538038035035038031.0047.00-91.00100
    LT Debt, Current----------------5.005.005.006.0012.002.00
    LT Debt, Non Current-10.8%33037029535040522022028533035535538038035035038031.0047.00-91.00100
Shareholder's Equity----------------2,5762,6792,5452,6392,7092,647
  Retained Earnings7.4%-178-192-173-164-217-62.45-35.70-62.89-87.39-103-78.90-128-133-93.36-43.60-74.8743.00-50.9829.0010267.00
  Additional Paid-In Capital51.9%11.008.0017.0011.00--18.0013.006.00-23.0019.0015.00-6.002,8502,8342,8192,8462,8302,813
Accumulated Depreciation1.6%51.0050.0049.0049.0049.0048.0047.0046.0045.0044.0043.0042.0041.0040.0038.00798815791766786761
Shares Outstanding0.1%24.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.0033.00
Minority Interest----1.001.001.002.002.002.002.002.002.003.003.004.0021.0020.0019.0018.0021.0019.00
Float-----3,400---3,300---3,500---5,500---5,000
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations162.6%33,884-54,14137,67283,22430,2921,285113,82340,20343,340-19,31019,041-32,73435,852-57,485-107,565-39.00145,406-34,23463,90968,82573,191
  Share Based Compensation58.4%6,5704,1493,1443,22011,6197,2205,0676,9737,3544,8514,2443,86715,9816,3459,55613,85516,69416,89113,49015,58020,215
Cashflow From Investing-102.9%-3,509-1,729-7,393-9,052-1,043-271-1,796-509-321-306-29.00-296-61.00-80.00-20,232-350,718-69,677-74,236-73,135-143,88278,625
Cashflow From Financing-161.3%-41,56267,830-55,655-53,495-65,127-10,996-71,164-45,099-27,737-12,142-25,00030,79218,265-6,902-827,406350,567-19,803-23,946-53,195-470-1,449
  Dividend Payments-79.3%11153799.00141170,683----------------
  Buy Backs----------------------

MSGS Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Revenues[1]$ 326,898$ 353,694$ 369,944$ 377,783
Operating expenses:    
Direct operating expenses[2]232,225225,702235,745229,383
Selling, general and administrative expenses[3]65,06675,636118,622130,917
Depreciation and amortization7908381,5841,863
Operating income28,81751,51813,99315,620
Other income (expense):    
Interest income6195671,072923
Interest expense(7,419)(6,079)(14,348)(9,391)
Miscellaneous income (expense), net2,991385(9,674)219
Nonoperating income (loss)(3,809)(5,127)(22,950)(8,249)
Income (loss) before income taxes25,00846,391(8,957)7,371
Income tax (expense) benefit(10,784)(24,555)4,360(4,062)
Net income (loss)14,22421,836(4,597)3,309
Less: Net loss attributable to nonredeemable noncontrolling interests0(655)0(1,362)
Net income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders$ 14,224$ 22,491$ (4,597)$ 4,671
Basic earnings (loss) per common share, attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)$ 0.59$ 0.85$ (0.19)$ 0.11
Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)$ 0.59$ 0.84$ (0.19)$ 0.11
Weighted-average number of common shares outstanding:    
Basic (in shares)24,01724,13023,99424,213
Diluted (in shares)24,06524,18923,99424,306
[1]Includes revenues from related parties of $77,658 and $74,950 for the three months ended December 31, 2023 and 2022, respectively, and $86,475 and $83,124 for the six months ended December 31, 2023 and 2022, respectively.
[2]Includes net charges from related parties of $35,683 and $45,485 for the three months ended December 31, 2023 and 2022, respectively, and $38,299 and $47,669 for the six months ended December 31, 2023 and 2022, respectively.
[3]Includes net charges from related parties of $16,630 and $17,433 for the three months ended December 31, 2023 and 2022, respectively, and $28,755 and $30,741 for the six months ended December 31, 2023 and 2022, respectively.

MSGS Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current Assets:  
Cash and cash equivalents$ 37,880$ 40,398
Restricted cash[1]3,35261
Prepaid expenses55,66124,768
Other current assets28,73827,898
Total current assets215,633149,233
Property and equipment, net of accumulated depreciation and amortization of $50,701 and $49,117 as of December 31, 2023 and June 30, 2023, respectively29,69730,501
Right-of-use lease assets706,569715,283
Indefinite-lived intangible assets103,644103,644
Goodwill226,523226,523
Investments62,11267,374
Other assets24,27122,459
Total assets1,368,4491,315,017
Current Liabilities:  
Debt30,00030,000
Accrued liabilities:  
Employee related costs90,987144,310
League-related accruals110,904106,926
Other accrued liabilities9,65317,561
Operating lease liabilities, current[2]50,68349,745
Deferred revenue257,626157,051
Total current liabilities560,437520,528
Long-term debt330,000295,000
Operating lease liabilities, noncurrent[2]741,003746,437
Defined benefit obligations4,5394,526
Other employee related costs50,71949,070
Deferred tax liabilities, net19,53524,024
Deferred revenue, noncurrent1,40512,666
Total liabilities1,707,6381,652,251
Commitments and contingencies (see Note 11)
Madison Square Garden Sports Corp. Stockholders’ Equity:  
Preferred stock, par value $0.01, 15,000 shares authorized; none outstanding as of December 31, 2023 and June 30, 202300
Additional paid-in capital11,47116,846
Treasury stock, at cost, 1,036 and 1,084 shares as of December 31, 2023 and June 30, 2023, respectively(171,400)(179,410)
Accumulated deficit(178,512)(173,910)
Accumulated other comprehensive loss(997)(1,009)
Total equity(339,189)(337,234)
Total liabilities and equity1,368,4491,315,017
Class A Common Stock  
Madison Square Garden Sports Corp. Stockholders’ Equity:  
Common stock, value issued204204
Class B Common Stock  
Madison Square Garden Sports Corp. Stockholders’ Equity:  
Common stock, value issued4545
Nonrelated Party  
Current Assets:  
Accounts receivable, net72,66840,139
Current Liabilities:  
Accounts payable4,9699,093
Related Party  
Current Assets:  
Accounts receivable, net17,33415,969
Current Liabilities:  
Accounts payable$ 5,615$ 5,842
[1]Restricted cash as of December 31, 2023, June 30, 2023 and December 31, 2022 included cash deposited in an escrow account (see Note 2 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2023 for more information).
[2]As of December 31, 2023, Operating lease liabilities, current and Operating lease liabilities, noncurrent included balances of $44,104 and $704,361, respectively, that are payable to MSG Entertainment. As of June 30, 2023, Operating lease liabilities, current and Operating lease liabilities, noncurrent included balances of $43,700 and $707,124, respectively, that are payable to MSG Entertainment.
MSGS
Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include two development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. The company also owns Knicks Gaming, an esports franchise that competes in the NBA 2K League, as well as a controlling interest in Counter Logic Gaming, a North American esports organization. In addition, it operates two professional sports team performance centers, the Madison Square Garden Training Center in Greenburgh. The company was formerly known as The Madison Square Garden Company. Madison Square Garden Sports Corp. was incorporated in 2015 and is based in New York, New York.
 WEBSITEmsgsports.com
 INDUSTRYEntertainment
 EMPLOYEES558

Madison Square Garden Sports C Frequently Asked Questions


What is the ticker symbol for Madison Square Garden Sports C? What does MSGS stand for in stocks?

MSGS is the stock ticker symbol of Madison Square Garden Sports C. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Madison Square Garden Sports C (MSGS)?

As of Wed Apr 24 2024, market cap of Madison Square Garden Sports C is 4.46 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MSGS stock?

You can check MSGS's fair value in chart for subscribers.

What is the fair value of MSGS stock?

You can check MSGS's fair value in chart for subscribers. The fair value of Madison Square Garden Sports C is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Madison Square Garden Sports C is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MSGS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Madison Square Garden Sports C a good stock to buy?

The fair value guage provides a quick view whether MSGS is over valued or under valued. Whether Madison Square Garden Sports C is cheap or expensive depends on the assumptions which impact Madison Square Garden Sports C's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MSGS.

What is Madison Square Garden Sports C's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, MSGS's PE ratio (Price to Earnings) is 115.89 and Price to Sales (PS) ratio is 5.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MSGS PE ratio will change depending on the future growth rate expectations of investors.