Madison Square Garden Sports Corp MSGS

$406.95 +7.76 (1.94%)

Valuation

Market cap
9,612,491,000
Revenue TTM
$1,153,820,000
Net income TTM
$7,760,000
PE ratio
1,066.34
Forward PE
—
Profit margin
0.67%
Debt to equity
-0.98

Trading

Volume
392,300
Avg volume
255,756
Day's range
$397.51 – $407.20
Shares out
24,080,000
Stochastic %K
66%
Beta
0.62
Analysts
Sell
Price target
$480.67

Price

Company profile

Madison Square Garden Sports Corp. operates as a professional sports company in the United States. It 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. The company's other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League a...

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Madison Square Garden Sports Corp. operates as a professional sports company in the United States. It 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. The company's 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. It also operates the Madison Square Garden Training Center, a professional sports team performance center in Greenburgh. 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.

Industry
Entertainment
Sector
Communication Services
Phone
212 465 4111
Website
https://www.msgsports.com
Address
Two Pennsylvania Plaza, New York, United States

Latest news

Stocktwits

TalkMarkets Oct 3, 8:30 PM
Why #MadisonSquareGardenSports Is Severely Undervalued $MSGS https://talkmarkets.com/article/why-madison-square-garden-sports-is-severely-undervalued
0 replies
Bloodmooncapital Oct 1, 9:16 PM
$CMCSA $MSGS Comcast should consider spinning off the Flyers, as MSGS is doing with the Rangers. I think the market gives Comcast little or no credit for owning the team.
1 replies
KryptonResearch14 Oct 1, 12:29 PM
$MSGS MSG Sports' board approved the split Wednesday: Knicks and Rangers become two separate public companies, targeting completion October 26. The mechanics, from the company release: shareholders of record October 20 receive one MSG Rangers share for every two MSGS shares held. The distribution is intended to be tax-free. The Knicks company trades as MSGK; the Rangers as MSGR. One level down: this is Dolan's third separation. He carved MSG Sports out of MSG Entertainment in April 2020, then spun Sphere in April 2023. The playbook is consistent: isolate the scarce asset so it prices on its own. The timing is notable too: the Knicks are the reigning NBA champions. The wrinkle: Dolan stays CEO of both companies, and five directors are crossing to the Rangers board while Irving Azoff and Isiah Thomas join the Knicks side. Two companies, one control room.
0 replies
inelegantinvest Oct 1, 11:58 AM
$MSGS has approved the Rangers spinoff and set the distribution terms. Record date: Oct. 20 Distribution date: Oct. 26 Ratio: 1 $MSGR share for every 2 $MSGS shares When-issued trading expected: Oct. 21 Regular-way trading in $MSGK and $MSGR expected: Oct. 27 After the separation, $MSGK will hold the Knicks business and $MSGR will hold the Rangers business. Full update: https://www.stockspinoffs.com/2026/10/01/msg-rangers-spinoff-october-26-record-date/
0 replies
topstockalerts Oct 1, 12:34 AM
Madison Square Garden Sports Corp. approved the spin-off of its New York Rangers business from its New York Knicks operations, clearing the way for the company to separate its two flagship sports franchises into independent publicly traded entities. The transaction is expected to close on October 26, 2026, subject to customary conditions including regulatory and league approvals. Following the tax-free distribution, the parent company will be renamed MSG Knickerbockers Corp. and trade under the ticker MSGK, focusing on the NBA Knicks and their G League affiliate. The newly created MSG Rangers Corp. will own the NHL Rangers, the AHL’s Hartford Wolf Pack and the MSG Training Center, with shares expected to trade on the NYSE under MSGR. CEO James L. Dolan will continue to lead both companies. Shareholders of record on October 20 will receive one MSG Rangers common share for every two MSG Sports shares held. $MSGS
0 replies
Houpty Sep 28, 7:11 PM
$MSGS nice move!
0 replies
Annie_Preferred Sep 3, 4:35 PM
$MSGS Once it splits off, Knicks will go like a rocket!
0 replies
Houpty Aug 18, 6:45 PM
$MSGS hmmmm. Interesting stock. Kind of like owning the knicks and the rangers. Stsrting to buy some $BATRA, TOO.
0 replies