Seaport Res Ptn issues Q2 2025 earnings guidance for Madison Square Garden Sports Corp. (NYSE:MSGS)
Madison Square Garden Sports Corp. (NYSE:MSGS – Free Report) – Analysts at Seaport Res Ptn lowered their Q2 2025 earnings forecasts for Madison Square Garden Sports in a report issued on Tuesday, August 13. Seaport Res Ptn analyst D. Joyce now expects the company to earn $0.74 per share in the quarter, below their previous forecast of $0.88. The consensus estimate for Madison Square Garden Sports’ current full year earnings is $1.87 per share. Seaport Res Ptn also issued estimates for Madison Square Garden Sports’ Q3 2025 earnings of $2.80 per share.
Madison Square Garden Sports shares rise 1.1%
Madison Square Garden Sports stock opened at $196.87 on Thursday. The company’s 50-day average price is $192.43 and its 200-day average price is $188.26. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 200.89 and a beta of 0.95. Madison Square Garden Sports has a 52-week low of $164.79 and a 52-week high of $213.26.
Madison Square Garden Sports (NYSE:MSGS – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13. The company reported earnings per share of $1.06 for the quarter, beating the consensus estimate of $0.33 by $0.73. The company had revenue of $227.25 million for the quarter, compared to the consensus estimate of $167.71 million. Madison Square Garden Sports had a negative return on equity of 7.23% and a net margin of 2.59%. The company’s revenue for the quarter increased 79.1% compared to the year-ago quarter. During the same period last year, the company generated earnings per share of ($0.39).
Hedge funds comment on sporting events at Madison Square Garden
Several large investors have recently made changes to their positions in MSGS. Raymond James & Associates increased its holdings in Madison Square Garden Sports by 0.7% in the 4th quarter. Raymond James & Associates now owns 9,131 shares of the company’s stock valued at $1,660,000 after acquiring an additional 61 shares during the period. International Assets Investment Management LLC acquired a new stake in Madison Square Garden Sports in the 4th quarter valued at around $430,000. Cerity Partners LLC acquired a new stake in Madison Square Garden Sports in the 4th quarter valued at around $206,000. Louisiana State Employees Retirement System acquired a new stake in Madison Square Garden Sports in the 4th quarter valued at $1,509,000. Finally, Yousif Capital Management LLC increased its holdings in Madison Square Garden Sports by 2.4% in the 4th quarter. Yousif Capital Management LLC now owns 8,474 shares of the company’s stock valued at $1,541,000 after acquiring an additional 201 shares during the period. 68.94% of the shares are currently owned by institutional investors and hedge funds.
Company profile of Madison Square Garden Sports
(Get free report)
Madison Square Garden Sports Corp. is a professional sports company in the United States. The company owns and operates a portfolio of assets consisting 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 developmental league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League.
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