Madison Square Garden Sports (MSGS) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Madison Square Garden Sports (NYSE: MSGS):

• 5/6/2025 – Madison Square Garden Sports had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $314.00 price target on the stock.
• 5/5/2025 – Madison Square Garden Sports had its price target lowered by analysts at JPMorgan Chase & Co. from $240.00 to $230.00. They now have an “overweight” rating on the stock.
• 5/5/2025 – Madison Square Garden Sports had its price target lowered by analysts at Morgan Stanley from $235.00 to $215.00. They now have an “equal weight” rating on the stock.
• 4/28/2025 – Madison Square Garden Sports is now covered by analysts at Susquehanna. They set a “positive” rating and a $254.00 price target on the stock.

Madison Square Garden Sports Trading Up 1.7%

NYSE:MSGS traded up $3.26 during midday trading on Monday, reaching $195.06. The company had a trading volume of 41,202 shares, compared to its average volume of 113,205. The stock’s fifty day simple moving average is $191.27 and its 200-day simple moving average is $209.65. Madison Square Garden Sports Corp. has a 12-month low of $173.26 and a 12-month high of $237.99. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of 82.30 and a beta of 0.78.

Madison Square Garden Sports (NYSE:MSGS) last posted its earnings results on Friday, May 2nd. The company reported ($0.59) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($2.07). The company had revenue of $424.20 million during the quarter, compared to analysts’ expectations of $436.84 million. Madison Square Garden Sports had a net margin of 5.33% and a negative return on equity of 20.50%. Madison Square Garden Sports’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.57 EPS. As a group, sell-side analysts expect that Madison Square Garden Sports Corp. will post 0.73 EPS for the current year.

Insider Activity at Madison Square Garden Sports

In related news, insider F. Dolan 2009 Revocabl Charles sold 31,825 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $189.92, for a total value of $6,044,204.00. Following the completion of the transaction, the insider now owns 5,097 shares of the company’s stock, valued at $968,022.24. This represents a 86.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 18.05% of the company’s stock.

Institutional Investors Weigh In On Madison Square Garden Sports

Several hedge funds have recently bought and sold shares of MSGS. Covestor Ltd lifted its holdings in shares of Madison Square Garden Sports by 35.5% during the 1st quarter. Covestor Ltd now owns 416 shares of the company’s stock worth $81,000 after acquiring an additional 109 shares during the period. Atria Wealth Solutions Inc. grew its holdings in Madison Square Garden Sports by 100.0% during the 1st quarter. Atria Wealth Solutions Inc. now owns 3,100 shares of the company’s stock valued at $604,000 after buying an additional 1,550 shares in the last quarter. Bank of Nova Scotia lifted its holdings in shares of Madison Square Garden Sports by 37.7% during the 1st quarter. Bank of Nova Scotia now owns 17,903 shares of the company’s stock worth $3,486,000 after acquiring an additional 4,903 shares during the last quarter. R Squared Ltd bought a new stake in Madison Square Garden Sports in the first quarter worth $387,000. Finally, PNC Financial Services Group Inc. increased its position in shares of Madison Square Garden Sports by 14.4% during the first quarter. PNC Financial Services Group Inc. now owns 2,483 shares of the company’s stock valued at $483,000 after buying an additional 313 shares during the period. 68.94% of the stock is currently owned by institutional investors and hedge funds.

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.