Seaport Res Ptn Analysts Reduce Earnings Estimates for MSGS

Madison Square Garden Sports Corp. (NYSE:MSGS) – Investment analysts at Seaport Res Ptn cut their FY2025 earnings estimates for Madison Square Garden Sports in a report issued on Tuesday, February 4th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings of $0.65 per share for the year, down from their previous forecast of $0.94. The consensus estimate for Madison Square Garden Sports’ current full-year earnings is $0.81 per share. Seaport Res Ptn also issued estimates for Madison Square Garden Sports’ Q4 2025 earnings at ($1.01) EPS and FY2026 earnings at $2.36 EPS.

Madison Square Garden Sports (NYSE:MSGS) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.25). Madison Square Garden Sports had a net margin of 6.75% and a negative return on equity of 23.81%. The company had revenue of $357.80 million during the quarter, compared to analyst estimates of $352.68 million. During the same period in the previous year, the company posted $0.59 EPS. The company’s quarterly revenue was up 9.5% on a year-over-year basis.

Separately, Macquarie upped their price objective on shares of Madison Square Garden Sports from $235.00 to $240.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th.

Madison Square Garden Sports Price Performance

Shares of MSGS stock opened at $205.35 on Friday. Madison Square Garden Sports has a one year low of $178.35 and a one year high of $237.99. The business’s 50 day simple moving average is $222.18 and its 200 day simple moving average is $214.88. The stock has a market capitalization of $4.92 billion, a PE ratio of 70.57 and a beta of 0.91.

Institutional Investors Weigh In On Madison Square Garden Sports

Hedge funds have recently added to or reduced their stakes in the business. Creative Planning grew its position in shares of Madison Square Garden Sports by 3.4% during the 2nd quarter. Creative Planning now owns 2,481 shares of the company’s stock worth $467,000 after buying an additional 82 shares during the period. Park Avenue Securities LLC grew its holdings in Madison Square Garden Sports by 19.6% in the third quarter. Park Avenue Securities LLC now owns 3,924 shares of the company’s stock worth $817,000 after purchasing an additional 642 shares during the period. Handelsbanken Fonder AB increased its stake in Madison Square Garden Sports by 20.9% in the third quarter. Handelsbanken Fonder AB now owns 3,472 shares of the company’s stock valued at $723,000 after purchasing an additional 600 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Madison Square Garden Sports by 142.6% during the third quarter. GAMMA Investing LLC now owns 638 shares of the company’s stock valued at $133,000 after purchasing an additional 375 shares during the period. Finally, Exchange Traded Concepts LLC bought a new position in shares of Madison Square Garden Sports during the 3rd quarter worth about $1,743,000. 68.94% of the stock is currently owned by institutional investors.

About Madison Square Garden Sports

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 development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League.