Atlanta Braves Holdings Inc

Liberty Media Corp. engages in the operation of media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services. Pandora provides music, comedy, and a podcast streaming discovery platform. The Formula 1 segment focuses on the global motorsports business that holds exclusive commercial rights with respect to the World Championship, an annual, motor race-based competition. The company was founded on March 28, 1991, and is headquartered in Englewood, CO.

Earnings data Q1 2024

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Atlanta Braves Holdings, Inc. owns and operates a major league baseball (MBL) club. It operates through the Baseball and Mixed-Use Development segments. The Baseball segment includes its operations relating to the Braves baseball franchise and Truist Park and includes revenue generated from ticket sales, concessions, local broadcasting rights, advertising sponsorships, suites, and premium seat fees, retail and licensing revenue, shared MLB revenue streams, including national broadcasting rights and licensing, and other sources. Ticket sales, concessions, broadcasting rights and advertising sponsorship sales are the baseball segment's primary revenue drivers. The Mixed-Use Development segment includes retail, office, hotel and entertainment operations within The Battery Atlanta. The Battery Atlanta derives revenue primarily from office and retail rental income including overage rent and tenant reimbursements and, to a lesser extent, parking and advertising sponsorships. The company was founded on December 7, 2022 and is headquartered in Englewood, CO.

The average of price targets set by Wall Street analysts indicates a potential upside of 26.3% in Atlanta Braves Holdings (BATRK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Atlanta Braves Holdings (BATRK) Could Rally 26.29%: Here's is How to Trade

Atlanta Braves (BATRK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Atlanta Braves (BATRK): Strong Industry, Solid Earnings Estimate Revisions

After losing some value lately, a hammer chart pattern has been formed for Atlanta Braves Holdings (BATRK), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Bears are Losing Control Over Atlanta Braves Holdings (BATRK), Here's Why It's a 'Buy' Now

The Liberty Braves Group (BATRA) Q4 2023 Earnings Call Transcript

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Atlanta Braves Holdings Reports Fourth Quarter and Year End 2023 Financial Results.

Atlanta Braves Holdings Reports Fourth Quarter and Year End 2023 Financial Results

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Atlanta Braves Holdings Announces Fourth Quarter Earnings Release and Quarterly Q&A Conference Call.

Atlanta Braves Holdings Announces Fourth Quarter Earnings Release and Quarterly Q&A Conference Call

The Atlanta Braves, recently split off from Liberty Media, is an attractive acquisition target for potential buyers. Sports teams often trade on a multiple of revenue, and the Braves has consistently been profitable with control over their television rights and a significant real estate development. The valuation of the Braves, considering both the baseball revenue and the real estate, suggests a potential stock price increase from the current market cap.

Atlanta Braves: This Yankees Fan Is A Buyer

Amazon

Chevron

Sirius XM Hlds

Warren Buffett is widely regarded as the most well-known, famous, and successful investor of all time. As such, his investment decisions and changes to his holdings are closely monitored and highly anticipated by the investing community.

Buffett's latest portfolio additions, trims, and cuts in Q3

The Liberty Braves Group (NASDAQ:BATRA ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Shane Kleinstein - Vice President, Investor Relations Gregory Maffei - President and Chief Executive Officer Stefano Domenicali - President and Chief Executive Officer of Formula One Brian Wendling - Chief Accounting and Principal Financial Officer Renee Wilm - Chief Legal and Admin Officer, Liberty Broadband Derek Schiller - President and CEO of the Atlanta Braves Conference Call Participants David Karnovsky - JPMorgan Benjamin Swinburne - Morgan Stanley Bryan Kraft - Deutsche Bank Vijay Jayant - Evercore Stephen Laszczyk - Goldman Sachs Stephen Glagola - TD Cowen David Joyce - Seaport Research Partners Jason Bazinet - Citi Barton Crockett - Rosenblatt Securities Operator Welcome to the Liberty Media Corporation's 2023 Q3 Earnings Call. [Operator Instructions] As a reminder, this conference will be recorded November 3.

The Liberty Braves Group (BATRA) Q3 2023 Earnings Call Transcript

Apple

Energy Transfer LP Unit

Liberty Media Corp-Liberty Formula One

Globalstar

Liberty Media Corp-Liberty SiriusXM

Lyft

QUALCOMM

Cassava Sciences Inc

Workday

Energy Transfer LP, Cassava Sciences, and PENN Entertainment Inc. were discussed in last week's insider trades update. CEO of Sirius XM Holdings Inc., Jennifer Witz, purchased 250,000 shares for over $1 million. Lyft, Inc. shares have risen nearly 20% since the introduction of new CEO David Risher in April, and insiders like the stock also.

Week Of 08/28 Notable Insider Buys

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances.

Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances

Liberty Media Corp. LSXMA, -0.19% LSXMB, +10.40% FWONA, +0.15% FWONK, +0.05% BATRA, +0.36% BATRK, +0.58% said Friday it plans to complete its previously announced redemptive split-off of the MLB Atlanta Braves team parent Atlanta Braves Holding Inc. on July 18 after the market close. It also expects to complete its previously announced reclassification of Liberty Media's existing common stock and the creation of the new Liberty Live common stock on Aug. 3 after market close.

Liberty Media to split off Atlanta Braves stock on July 18

The Atlanta Braves represent a unique and scarce asset with significant brand value, offering potential for market-beating returns upon a sale of the team. Recent sales of sports teams suggest the Braves could be worth between 6-9x revenue, offering upside potential for investors. Risks include chronic stagnation of the share price in the absence of a sale and potential negative impacts from exogenous events, such as COVID-19.

Liberty Braves: A Catalyst-Driven Home Run

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Reports First Quarter 2023 Financial Results.

Liberty Media Corporation Reports First Quarter 2023 Financial Results

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) will webcast a Formula One Group Q&A Session on Thursday, April 13, 2023 beginning at 5:00 p.m. ET. Liberty Media and F1 management will be available to answer questions. During the Q&A session, observations may be made regarding the company's financial performance and outlook, as well as other forward looking matters.

Liberty Media Announces Formula One Group Investor Q&A Session Webcast

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Closes Private Offering of $575 Million of 3.

Liberty Media Corporation Closes Private Offering of $575 Million of 3.75% Convertible Senior Notes Due 2028

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty Media” or “Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, BATRA, BATRK) today reported fourth quarter and year end 2022 results.

Liberty Media Corporation Reports Fourth Quarter and Year End 2022 Financial Results

Liberty Media is set to split-off MLB team Atlanta Braves into an asset-backed stock. The split-off will open the door for a potential sale of the franchise.

Liberty Braves: Potential Trophy Asset Sale At A Significant Premium

MLB's winter meetings ended Thursday and the market for MLB free agents has been hot with six players signing 9 figure deals already this off-season. Salaries for top stars have increased from $36 million per year in 2019 to over $43 million (18% inflation). Worse yet, contracts have gotten longer and total commitments are larger.

Liberty Braves: Relatively Well Positioned In A Rising Salary Environment

Liberty Media Corporation ("Liberty Media" or “Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, BATRA, BATRK) today reported third quarter 2022 results. Headlines include(1)

Liberty Media Corporation Reports Third Quarter 2022 Financial Results

Breach Inlet Capital Sends Public Letter to Board of Liberty Media

Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) will be holding its annual Investor Meeting on Thursday, November 17, 2022 with presentations beginning at approximately 9:00am E.T. During the Investor Meeting, observations may be made regarding the company's financial performance and outlook, as well as other forward looking matters.

Liberty Media Corporation Announces Annual Investor Meeting

Liberty Media owns and operates the 2021 World Series Champion Atlanta Braves baseball team. It also owns the stadium and much of the land around it, including The Battery. The Atlanta Braves are publicly traded in three tracking stocks trading under the symbols BATRA, BATRB, and BATRK.

Liberty Braves: Own Part Of The World Champion Atlanta Braves

The average of price targets set by Wall Street analysts indicates a potential upside of 36% in Liberty Media Corporation (BATRK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Liberty Media Corporation (BATRK) Have the Potential to Rally 36% as Wall Street Analysts Expect?

The Liberty Braves Group (NASDAQ:BATRA ) Q1 2022 Earnings Conference Call May 6, 2022 10:00 AM ET Company Participants Gregory Maffei – President and Chief Executive Officer Brian Wendling – Chief Accounting and Principal Financial Officer Stefano Domenicali – President and Chief Executive Officer of Formula One Courtnee Chun – Chief Portfolio Officer Conference Call Participants David Karnovsky – JPMorgan Bryan Kraft – Deutsche Bank Vijay Jayant – Evercore Barton Crockett – Rosenblatt Securities David Joyce – Barclays Jason Bazinet – Citi Operator Ladies and gentlemen, thank you for standing by. Welcome to Liberty Media Corporation's First Quarter 2022 Earnings Call.

News for Atlanta Braves Holdings Inc Stock (BATRK)