Madison Square Garden Sports Corp. (NYSE:MSGS)

Madison Square Garden Sports Corp. MSGS

Communication Services - Entertainment - NYSE - US

Watchlist

$ 218.86

-1.66 %

$ 5.25 B

Market Cap

74.95

P/E

1. INTRINSIC VALUE

Madison Square Garden Sports Corp. operates as a professional sports company. 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. It 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, the company operates two professional sports team performance centers, the Madison Square Garden Training Center in Greenburgh and the CLG Performance Center in Los Angeles.[ Read More ]

The intrinsic value of one MSGS stock under the base case scenario is HIDDEN Compared to the current market price of 219 USD, Madison Square Garden Sports Corp. is HIDDEN

MSGS Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart MSGS

FINANCIALS

Annual
Quarterly

1.03 B REVENUE

Growth Rates

1Year 15.74%

3Years 35.19%

5Years -8.83%

7Years -3.50%

10Years 1.18%

146 M OPERATING INCOME

Growth Rates

1Year 71.46%

3Years 56.89%

5Years 50.94%

7Years 23.65%

10Years 12.62%

58.8 M NET INCOME

Growth Rates

1Year 28.80%

3Years 78.60%

5Years 83.59%

7Years 15.64%

10Years 9.61%

92.1 M OPERATING CASH FLOW

Growth Rates

1Year -39.58%

3Years 66.41%

5Years -10.59%

7Years -11.50%

10Years -3.89%

-8.9 M INVESTING CASH FLOW

Growth Rates

1Year 49.90%

3Years -167.28%

5Years 47.95%

7Years 38.40%

10Years 33.43%

-28.8 M FINANCING CASH FLOW

Growth Rates

1Year 84.46%

3Years -38.87%

5Years 16.69%

7Years 21.63%

10Years -0.72%

53.3 M REVENUE

Growth Rates

1Year 15.74%

3Years 35.19%

5Years -8.83%

7Years -3.50%

10Years 1.18%

-8.27 M OPERATING INCOME

Growth Rates

1Year 71.46%

3Years 56.89%

5Years 50.94%

7Years 23.65%

10Years 12.62%

-7.54 M NET INCOME

Growth Rates

1Year 28.80%

3Years 78.60%

5Years 83.59%

7Years 15.64%

10Years 9.61%

-26.2 M OPERATING CASH FLOW

Growth Rates

1Year -39.58%

3Years 66.41%

5Years -10.59%

7Years -11.50%

10Years -3.89%

-1.16 M INVESTING CASH FLOW

Growth Rates

1Year 49.90%

3Years -167.28%

5Years 47.95%

7Years 38.40%

10Years 33.43%

-9.5 M FINANCING CASH FLOW

Growth Rates

1Year 84.46%

3Years -38.87%

5Years 16.69%

7Years 21.63%

10Years -0.72%

Balance Sheet Decomposition Madison Square Garden Sports Corp.

1.35 B ASSETS
1.61 B LIABILITIES

Current Assets	217 M
Cash & Short-Term Investments	89.1 M
Receivables	80.1 M
Other Current Assets	47.7 M
Non-Current Assets	1.23 B
Long-Term Investments	62.5 M
PP&E	723 M
Other Non-Current Assets	440 M

Current Liabilities	522 M
Accounts Payable	9.9 M
Short-Term Debt	80.3 M
Other Current Liabilities	432 M
Non-Current Liabilities	1.09 B
Long-Term Debt	1.02 B
Other Non-Current Liabilities	65.7 M

EFFICIENCY

Earnings Waterfall Madison Square Garden Sports Corp.

Revenue	1.03 B
Cost Of Revenue	620 M
Gross Profit	407 M
Operating Expenses	261 M
Operating Income	146 M
Other Expenses	87.3 M
Net Income	58.8 M

RATIOS

39.67% GROSS MARGIN

Averages

1Year 39.67%

3Years 38.96%

5Years 37.88%

7Years 38.23%

10Years 36.85%

14.22% OPERATING MARGIN

Averages

1Year 14.22%

3Years 11.43%

5Years -0.03%

7Years 0.32%

10Years -0.77%

5.72% NET MARGIN

Averages

1Year 5.72%

3Years 5.78%

5Years -1.23%

7Years 0.39%

10Years -1.35%

-22.07% ROE

Averages

1Year -22.07%

3Years -23.67%

5Years -1.18%

7Years -0.06%

10Years -0.98%

4.37% ROA

Averages

1Year 4.37%

3Years 3.98%

5Years 0.22%

7Years 0.69%

10Years -0.12%

209.94% ROIC

Averages

1Year 209.94%

3Years -29.34%

5Years -31.62%

7Years -21.63%

10Years -15.60%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Madison Square Garden Sports Corp.

Net Income	58.8 M
Depreciation & Amortization	3.16 M
Capital Expenditures	-1.45 M
Stock-Based Compensation	21.3 M
Change in Working Capital	-1.82 M
Others	8.88 M
Free Cash Flow	90.7 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Madison Square Garden Sports Corp.

Wall Street analysts predict an average 1-year price target for MSGS of $268 , with forecasts ranging from a low of $230 to a high of $314 .

MSGS Lowest Price Target Wall Street Target

230 USD 5.09%

MSGS Average Price Target Wall Street Target

268 USD 22.27%

MSGS Highest Price Target Wall Street Target

314 USD 43.47%

4. DIVIDEND ANALYSIS

0.01% DIVIDEND YIELD

7 USD DIVIDEND PER SHARE

5. COMPETITION

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6. Ownership

Insider Ownership Madison Square Garden Sports Corp.

Summary
Transactions

Sold

0-3 MONTHS

283 K USD 2

3-6 MONTHS

0 USD 0

6-9 MONTHS

12.2 M USD 1

9-12 MONTHS

180 K USD 1

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
2 months ago Aug 29, 2024	Sell 151 K USD	Shvartsman Alexander SVP, Controller & PAO	- 720	210 USD
2 months ago Aug 26, 2024	Sell 132 K USD	DOLAN JAMES LAWRENCE director, officer, other: Executive Chairman / CEO	- 629	209.3 USD
8 months ago Mar 06, 2024	Sell 3 M USD	DOLAN JAMES LAWRENCE director, officer, other: Executive Chairman	- 16149	185.7913 USD
8 months ago Mar 06, 2024	Sell 345 K USD	DOLAN JAMES LAWRENCE director, officer, other: Executive Chairman	- 1851	186.6338 USD
8 months ago Feb 28, 2024	Sell 887 K USD	DOLAN JAMES LAWRENCE director, officer, other: Executive Chairman	- 4748	186.9099 USD
8 months ago Feb 28, 2024	Sell 1.96 M USD	DOLAN JAMES LAWRENCE director, officer, other: Executive Chairman	- 10440	187.9399 USD
8 months ago Feb 28, 2024	Sell 719 K USD	DOLAN JAMES LAWRENCE director, officer, other: Executive Chairman	- 3815	188.5719 USD
8 months ago Feb 26, 2024	Sell 1.24 M USD	DOLAN JAMES LAWRENCE director, officer, other: Executive Chairman	- 6508	190.0704 USD
8 months ago Feb 26, 2024	Sell 330 K USD	DOLAN JAMES LAWRENCE director, officer, other: Executive Chairman	- 1728	190.9161 USD
8 months ago Feb 27, 2024	Sell 3 M USD	DOLAN JAMES LAWRENCE director, officer, other: Executive Chairman	- 15965	188.13 USD
8 months ago Feb 27, 2024	Sell 762 K USD	DOLAN JAMES LAWRENCE director, officer, other: Executive Chairman	- 4035	188.8093 USD
9 months ago Feb 08, 2024	Sell 157 USD	Hopkinson David G. President & COO	- 0.817	191.98 USD
9 months ago Feb 08, 2024	Sell 180 K USD	Hopkinson David G. President & COO	- 936	192.215 USD
1 year ago Oct 23, 2023	Bought 320 USD	Mink Victoria EVP, CFO & Treasurer	+ 2	160 USD
1 year ago Oct 25, 2023	Sell 320 USD	Mink Victoria EVP, CFO & Treasurer	- 2	160 USD
1 year ago Sep 07, 2023	Bought 320 USD	Mink Victoria EVP, CFO & Treasurer	+ 2	160 USD
1 year ago Sep 08, 2023	Sell 320 USD	Mink Victoria EVP, CFO & Treasurer	- 2	160 USD
1 year ago May 11, 2023	Sell 79.7 K USD	Hopkinson David G. President & COO	- 414	192.42 USD
3 years ago Jun 02, 2021	Sell 2.89 K USD	Dolan Leinauer Corby 10 percent owner	- 16	180.84 USD
2 years ago Aug 02, 2022	Sell 8.93 K USD	Dolan Leinauer Corby 10 percent owner	- 58	153.95 USD
4 years ago May 27, 2020	Sell 8.34 K USD	Dolan Leinauer Corby 10 percent owner	- 50	166.72 USD
1 year ago Mar 10, 2023	Sell 46.4 USD	Hopkinson David G. President & COO	- 0.246	188.66 USD
1 year ago Mar 10, 2023	Sell 65 K USD	Hopkinson David G. President & COO	- 344	188.82 USD
2 years ago Mar 04, 2022	Bought 996 K USD	Lustgarten Andrew President & CEO	+ 6000	166 USD
2 years ago Nov 29, 2021	Bought 17.9 K USD	Cohen Joseph Director	+ 102	175.3 USD
3 years ago Mar 02, 2021	Sell 700 K USD	Burian Lawrence J. EVP, Corp. Development & GC	- 3500	200 USD
3 years ago Mar 03, 2021	Sell 205 K USD	Burian Lawrence J. EVP, Corp. Development & GC	- 1000	205 USD
4 years ago Feb 27, 2020	Bought 7.97 K USD	D'Ambrosio Philip Gerard SVP, Treasurer	+ 30	265.75 USD
4 years ago Feb 27, 2020	Bought 6.66 K USD	D'Ambrosio Philip Gerard SVP, Treasurer	+ 25	266.25 USD
4 years ago Feb 19, 2020	Sell 31.4 K USD	D'Ambrosio Philip Gerard SVP, Treasurer	- 100	314.43 USD
4 years ago Feb 20, 2020	Sell 23.7 K USD	D'Ambrosio Philip Gerard SVP, Treasurer	- 75	315.61 USD
4 years ago Feb 12, 2020	Sell 1.99 M USD	Burian Lawrence J. EVP and General Counsel	- 6539	304.33 USD
4 years ago Feb 12, 2020	Sell 98.4 K USD	D'Ambrosio Philip Gerard SVP, Treasurer	- 320	307.6 USD
4 years ago Feb 13, 2020	Sell 4.62 K USD	D'Ambrosio Philip Gerard SVP, Treasurer	- 15	307.8 USD
4 years ago Feb 13, 2020	Sell 251 K USD	PARSONS RICHARD D Director	- 816	307.56 USD
4 years ago Feb 11, 2020	Sell 1.62 M USD	Lustgarten Andrew President	- 5349	302.92 USD

7. News

Madison Square Garden (MSGS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates The headline numbers for Madison Square Garden (MSGS) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 weeks ago

Madison Square Garden (MSGS) Reports Q1 Loss, Tops Revenue Estimates Madison Square Garden (MSGS) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.88. This compares to loss of $0.79 per share a year ago. zacks.com - 2 weeks ago

MADISON SQUARE GARDEN SPORTS CORP. REPORTS FISCAL 2025 FIRST QUARTER RESULTS NEW YORK , Nov. 1, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal first quarter ended September 30, 2024. Last month, the New York Knicks ("Knicks") and New York Rangers ("Rangers") began their 2024-25 regular seasons at the Madison Square Garden Arena. prnewswire.com - 2 weeks ago

Madison Square Garden Sports Corp. to Release Fiscal 2025 First Quarter Results NEW YORK , Oct. 28, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) will issue a press release on Friday, November 1, 2024 before the market opens reporting results for its fiscal first quarter ended September 30, 2024. The Company generally hosts two earnings conference calls per year, one for its fiscal second quarter and one for its fiscal fourth quarter – which schedule allows for a mid-season update, followed by a full-season review. prnewswire.com - 2 weeks ago

NEW YORK RANGERS AND BENJAMIN MOORE RENEW AND EXPAND SIGNATURE MULTI-YEAR PARTNERSHIP Benjamin Moore Remains In-Game Helmet Sponsor and Expands Sponsorship as the Official Paint, Stain and Coatings Partner of the NY Rangers NEW YORK , Oct. 10, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) announced today the renewal and expansion of their marketing partnership with Benjamin Moore, a Berkshire Hathaway company and a leader in paint, color and coatings. As part of the partnership, Benjamin Moore remains the Rangers in-game helmet sponsor, with a logo on either side of each player worn helmet during all home and away pre-season, regular season and if applicable, post-season games, with the exception of any NHL-controlled games. prnewswire.com - 1 month ago

Top 2 Tech And Telecom Stocks That Are Ticking Portfolio Bombs As of Oct. 3, 2024, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. benzinga.com - 1 month ago

Madison Square Garden Sports (MSGS) Q4 Earnings Top Estimates Madison Square Garden Sports (MSGS) fourth-quarter fiscal 2024 results are aided by strong demand for the Knicks and the Rangers, as both teams had impressive regular seasons that resulted in playoff appearances. zacks.com - 3 months ago

Madison Square Garden Sports Corp. (MSGS) Q4 2024 Earnings Call Transcript Madison Square Garden Sports Corp. (NYSE:MSGS ) Q4 2024 Earnings Conference Call August 13, 2024 10:00 AM ET Company Participants Ari Danes - Investor Relations and Financial Communications Jamaal Lesane - Chief Operating Officer Victoria Mink - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants David Karnovsky - JP Morgan Daniel Juran - Morgan Stanley Brandon Ross - LightShed Peter Supino - Wolfe Research Paul Golding - Macquarie Securities Operator Good morning. Thank you for standing by, and welcome to the Madison Square Garden Sports Corp. Fiscal 2024 Fourth Quarter and Year-End Earnings Conference Call. seekingalpha.com - 3 months ago

MADISON SQUARE GARDEN SPORTS CORP. REPORTS FISCAL 2024 FOURTH QUARTER AND FULL-YEAR RESULTS Record Revenues of Over $1 Billion for Fiscal 2024, up 16% Year-over-Year Record Operating Income of $146.0 Million and Adjusted Operating Income of $172.2 Million for Fiscal 2024(1) NEW YORK , Aug. 13, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) (the "Company") today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2024. The fiscal 2024 fourth quarter was highlighted by the New York Knicks (the "Knicks") and New York Rangers (the "Rangers") both qualifying for the playoffs, culminating with the Knicks advancing to the Eastern Conference Semifinals and the Rangers advancing to the Eastern Conference Finals. prnewswire.com - 3 months ago

Madison Square Garden Sports Corp. to Host Fiscal 2024 Fourth Quarter and Year-End Conference Call NEW YORK , Aug. 7, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) will host a conference call to discuss results for its fiscal fourth quarter and full-year ended June 30, 2024 on Tuesday, August 13, 2024 at 10:00 a.m. Eastern Time. prnewswire.com - 3 months ago

MSG SPORTS NAMES JAMAAL LESANECHIEF OPERATING OFFICER NEW YORK , July 9, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) ("MSG Sports") today announced that Jamaal Lesane, an accomplished executive with multifaceted sports industry experience, has been named Chief Operating Officer. Mr. Lesane previously served as MSG Sports' Executive Vice President and General Counsel since March 2022. prnewswire.com - 4 months ago

Stanley Cup Fever: 3 Stocks to Buy as Hockey Heats Up The Stanley Cup final between the Florida Panthers and Edmonton Oilers began June 8. It's only appropriate, then, that I consider three hockey stocks to buy to celebrate the occasion. investorplace.com - 5 months ago

8. Profile Summary

Madison Square Garden Sports Corp. MSGS

COUNTRY US

INDUSTRY Entertainment

MARKET CAP $ 5.25 B

Dividend Yield 0.01%

Description Madison Square Garden Sports Corp. operates as a professional sports company. 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. It 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, the company operates two professional sports team performance centers, the Madison Square Garden Training Center in Greenburgh and the CLG Performance Center in Los Angeles. 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.

Contact Two Pennsylvania Plaza, New York, NY, 10121 https://www.msgsports.com

IPO Date Sept. 17, 2015

Employees 533

Officers Mr. Bryan Warner Senior Vice President & Head of Legal Ms. Victoria M. Mink Executive Vice President, Chief Financial Officer & Treasurer Mr. David Granville-Smith Executive Vice President Mr. Richard Constable Chief Strategist, EVice President and Global Head of Government Relations & Public Affairs Mr. Joel Fisher Executive Vice President of Marquee Events & Operations Mr. James Lawrence Dolan Executive Chairman & Chief Executive Officer Mr. Jamaal T. Lesane Chief Operating Officer Mr. Gregg G. Seibert Vice Chairman Mr. Alexander Shvartsman Senior Vice President, Controller & Principal Accounting Officer Mr. Ari Danes C.F.A. Senior Vice President of Investor Relations & Treasury

Price Chart MSGS

Madison Square Garden Sports Corp. MSGS

Premium Plan

Unlimited Plan