
Motorsport Games Inc. (NASDAQ:MSGM – Free Report) – Equities researchers at Sidoti lifted their Q3 2026 earnings per share estimates for shares of Motorsport Games in a research report issued on Tuesday, August 18th. Sidoti analyst A. Soderstrom now expects that the company will post earnings per share of $0.08 for the quarter, up from their previous estimate of $0.06. The consensus estimate for Motorsport Games’ current full-year earnings is $0.23 per share. Sidoti also issued estimates for Motorsport Games’ Q4 2026 earnings at $0.10 EPS, FY2026 earnings at $0.30 EPS, Q1 2027 earnings at $0.12 EPS, Q2 2027 earnings at $0.13 EPS, Q3 2027 earnings at $0.25 EPS, Q4 2027 earnings at $0.32 EPS and FY2027 earnings at $0.81 EPS.
Motorsport Games (NASDAQ:MSGM – Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.17. The business had revenue of $3.54 million during the quarter, compared to the consensus estimate of $2.90 million. Motorsport Games had a return on equity of 37.90% and a net margin of 16.15%.
Get Our Latest Research Report on Motorsport Games
Motorsport Games Price Performance
Shares of MSGM opened at $3.99 on Wednesday. The stock has a market capitalization of $16.64 million, a PE ratio of 9.28, a price-to-earnings-growth ratio of 0.77 and a beta of 1.71. The business’s fifty day moving average price is $4.28 and its 200 day moving average price is $4.16. Motorsport Games has a 12-month low of $2.11 and a 12-month high of $5.56.
Hedge Funds Weigh In On Motorsport Games
A number of institutional investors and hedge funds have recently added to or reduced their stakes in MSGM. Renaissance Technologies LLC increased its position in Motorsport Games by 43.8% in the 1st quarter. Renaissance Technologies LLC now owns 27,600 shares of the company’s stock valued at $113,000 after acquiring an additional 8,400 shares during the period. Dimensional Fund Advisors LP acquired a new position in Motorsport Games during the 3rd quarter worth $46,000. State Street Corp acquired a new position in Motorsport Games during the 4th quarter worth $39,000. HRT Financial LP bought a new position in shares of Motorsport Games in the fourth quarter worth $37,000. Finally, XTX Topco Ltd bought a new position in shares of Motorsport Games in the fourth quarter worth $34,000. 1.66% of the stock is owned by institutional investors.
Insider Buying and Selling
In other news, major shareholder Red Oak Partners, Llc purchased 27,744 shares of the company’s stock in a transaction on Tuesday, June 30th. The shares were bought at an average price of $3.95 per share, for a total transaction of $109,588.80. Following the completion of the purchase, the insider owned 285,611 shares of the company’s stock, valued at $1,128,163.45. This trade represents a 10.76% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last ninety days, insiders have bought 43,681 shares of company stock valued at $175,344. 4.59% of the stock is currently owned by corporate insiders.
Motorsport Games Company Profile
Motorsport Games, Inc is a publicly traded developer and publisher of interactive motorsport entertainment, headquartered in Miami, Florida. The company specializes in creating officially licensed racing simulation titles and managing associated esports competitions. By focusing exclusively on the motorsport genre, Motorsport Games aims to deliver authentic digital experiences that mirror the rules, tracks and vehicles of real-world racing series.
The company’s core activities include the development of video games under licenses from major sanctioning bodies such as NASCAR, the Fédération Internationale de l’Automobile (FIA) and International Motor Sports Association (IMSA).
Featured Stories
- Five stocks we like better than Motorsport Games
- Speed Sells: Cerebras Cracks the Silicon Ceiling
- Amid Legal Risks, This Company Is Still Rated a Buy
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
Receive News & Ratings for Motorsport Games Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorsport Games and related companies with MarketBeat.com's FREE daily email newsletter.
