Madison Square Garden Sports

Madison Square Garden Sports Corp. is a professional sports company. It owns and operates a portfolio of assets featuring the New York Knickerbockers (the Knicks) of the National Basketball Association (NBA) and the New York Rangers (the Rangers) of the National Hockey League (NHL). The company’s other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League (the AHL) and the Westchester Knicks of the NBA G League (NBAGL). It owns Knicks Gaming, an esports franchise that competes in the NBA 2K League, as well as a controlling interest in Counter Logic Gaming (CLG), a North American esports organization. The company also operates professional sports team performance centers, including the Madison Square Garden Training Center in Greenburgh, NY and the CLG Performance Center in Los Angeles, CA. The company was founded on March 4, 2015, and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Madison Square Garden Sports excels in Q2, eyes growth opportunities

Madison Square Garden Sports (MSGS) delivered a strong financial performance in Q2 2023, driven by the success of the Knicks and Rangers, solid revenue growth, and prudent financial management.
The company's focus on shareholder value, operational efficiency, and strategic investments positions it well for future growth opportunities and navigating potential challenges in the sports entertainment industry.
With a commitment to enhancing shareholder returns, exploring new revenue streams, and optimizing financial strategies, MSGS is poised to capitalize on market opportunities and sustain its competitive edge.

MSG Sports reports record revenues in 2023, eyes growth opportunities

MSG Sports had a successful fiscal year 2023, driven by record revenues and strong performance from the Knicks and Rangers. While facing challenges of higher expenses in the upcoming year, the company is optimistic about growth opportunities and remains focused on revenue maximization and fan engagement.

MSG Sports reports robust Q2 earnings, eyes fan engagement growth

Madison Square Garden Sports demonstrated resilience and revenue growth despite challenges, leveraging strong fan loyalty and engagement.
The company's focus on enhancing fan experiences and expanding partnerships positions it well for revenue diversification and future growth.
Opportunities lie in leveraging digital platforms, upcoming media rights renewals, and the increasing value of sports franchises for sustained success.

Madison Square Garden Sports achieves record revenues in fiscal '24

Madison Square Garden Sports delivered a stellar performance in fiscal '24, fueled by record revenues and strong operating income, driven by successful seasons for the Knicks and Rangers.
Despite challenges in the media rights landscape and managing debt levels, the company's strengths in fan support, premium hospitality, and strategic partnerships position it well for future growth.
With opportunities to capitalize on brand success, innovate in fan engagement, and optimize financial strategies, MSGS remains confident in creating long-term shareholder value and sustaining its competitive edge.

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Madison Square Garden Sports Corp. is a sports company, which owns and operates a portfolio of assets featuring the New York Knickerbockers (the Knicks) of the National Basketball Association (NBA) and the New York Rangers (the Rangers) of the National Hockey League. The company’s other franchises include development league teams, such as the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. The firm also operates professional sports team performance centers in the Madison Square Garden Training Center in Greenburgh, NY. The company was founded on March 4, 2015 and is headquartered in New York, NY.

Madison Square Garden Sports Corp. (NYSE:MSGS ) Q3 2022 Results Conference Call May 5, 2022 10:00 AM ET Company Participants Ari Danes - Investor Relations Andy Lustgarten - President & Chief Executive Officer Victoria Mink - Executive Vice President, Chief Financial Officer & Treasurer Conference Call Participants David Karnovsky - JPMorgan Brandon Ross - LightShed Partners Paul Golding - Macquarie Capital Operator Good morning. Thank you for standing by, and welcome to the Madison Square Garden Sports Corp. Fiscal 2022 Third Quarter Earnings Conference Call.

Madison Square Garden Sports Corp. (MSGS) CEO Andy Lustgarten on Q3 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal third quarter ended March 31, 2022. During the quarter, the Company continued to benefit from robust consumer and corporate demand at New York Knicks (“Knicks”) and New York Rangers (“Rangers”) regular season games at the Madison Square Garden Arena ("The Garden"), which is reflected in strong results across all key revenue lines. Fiscal 2022 third quarter average per-game

Madison Square Garden Sports Corp. Reports Fiscal 2022 Third Quarter Results

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) will host a conference call to discuss results for its fiscal third quarter ended March 31, 2022 on Thursday, May 5, 2022 at 10:00 a.m. Eastern Time. The Company will issue a press release reporting its results prior to the market opening. To participate via telephone, please dial 833-942-2482 with the conference ID number 4339507 approximately 10 minutes prior to the call. The call will also be available via webcast at

Madison Square Garden Sports Corp. to Host Fiscal 2022 Third Quarter Conference Call

Madison Square Garden

Madison Square Garden Entertainment

Madison Square Garden Entertainment Corp. (MSGE) Management on Q2 2022 Results - Earnings Call Transcript

Madison Square Garden Sports Corp. (MSGS) CEO Andy Lustgarten on Q2 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal second quarter ended December 31, 2021. The New York Knicks (“Knicks”) and New York Rangers (“Rangers”) began their 2021-22 regular seasons in October, which include full season schedules and no capacity restrictions at the Madison Square Garden Arena ("The Garden"). The Company is seeing positive results across its key revenue lines driven by robust consumer and corporate

Madison Square Garden Sports Corp. Reports Fiscal 2022 Second Quarter Results

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) will host a conference call to discuss results for its fiscal second quarter ended December 31, 2021 on Thursday, February 3, 2022 at 10:00 a.m. Eastern Time. The Company will issue a press release reporting its results prior to the market opening. To participate via telephone, please dial 833-942-2482 with the conference ID number 6569519 approximately 10 minutes prior to the call. The call will also be available via we

Madison Square Garden Sports Corp. to Host Fiscal 2022 Second Quarter Conference Call

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”) and Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) announced today a multi-year marketing partnership renewal with Mattress Firm, expanding the role of the nation's largest mattress specialty retailer as the Official Sleep Partner of the New York Knicks, New York Rangers, Westchester Knicks, Knicks Gaming, MSG Networks and the Christmas Spectacular Starring the Radio City Rock

MSG Sports and MSG Entertainment Announce Renewed and Expanded Marketing Partnerships With Mattress Firm

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”) and Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) announced today a multi-year marketing sponsorship renewal with Anheuser-Busch, continuing the legacy brewing company's role as a Signature Marketing Sponsor. The sponsorship provides Anheuser-Busch with exclusive, premier experiences and activations across MSG Sports' and MSG Entertainment's unrivaled set of assets, including

MSG Sports And MSG Entertainment Renew Signature Marketing Sponsorship With Anheuser-Busch

MSGS provides an opportunity to own two of the most valuable trophy assets in the world. Using a sum-of-the-parts analysis, we estimate the fair value of MSGS at $269, a 56% premium to Wednesday's closing price.

Madison Square Garden Sports: Compelling Opportunity As Asset Values Increase And Share Price Declines

Caesars Entertainment

NEW YORK & LAS VEGAS--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”) and Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) announced today a multi-year marketing partnership with Caesars Sportsbook, an entity of Caesars Entertainment, Inc (NASDAQ: CZR) (“Caesars”), making Caesars Sportsbook an Official Sports Betting Partner of the New York Knicks, New York Rangers, Madison Square Garden Arena and MSG Networks. In addition, the best-in

Caesars Sportsbook Named an Official Sports Betting Partner of the Knicks, Rangers, Madison Square Garden Arena and MSG Networks

Infosys

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”), Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) and Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, announced today a multi-year Signature Marketing Partnership – making Infosys the Official Digital Innovation Partner of key MSG properties including the New York Knicks, New York Rangers and the Madison Square Garden Arena. As part of t

MSG Sports and MSG Entertainment Announce Signature Marketing Partnership With Infosys

Madison Square Garden Sports Corp. (MSGS) CEO Andy Lustgarten on Q1 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) has reported financial results for the fiscal first quarter ended September 30, 2021. In October, the New York Rangers (“Rangers”) and New York Knicks (“Knicks”) began their 2021-22 regular seasons, with full 82-game schedules and no capacity restrictions for home games at the Madison Square Garden Arena (“The Garden”). Both teams are experiencing strong season ticket renewal rates, along with increased corporate sponsor

Madison Square Garden Sports Corp. Reports Fiscal 2022 First Quarter Results

Madison Square Garden Entertainment Corp. (MSGE) Management on Q1 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”) and Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) announced today a multi-year marketing partnership with BetMGM, naming the sports betting and gaming entertainment company an Official Sports Betting Partner of the New York Knicks, New York Rangers and Madison Square Garden Arena. “We're excited to be partnering with BetMGM - a leader in the sports betting and gaming entertai

MSG Sports And MSG Entertainment Announce Multi-Year Marketing Partnership With BetMGM

Block

Duke, Kentucky Men's Basketball Programs Open Season With First Matchup At Madison Square Garden

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) will host a conference call to discuss results for its fiscal first quarter ended September 30, 2021 on Wednesday, November 10, 2021 at 10:00 a.m. Eastern Time. The Company typically hosts two earnings conference calls per year to discuss results for its fiscal second and fourth quarters, which will remain the Company's schedule going forward. However, in light of the ongoing fluid operating environment due to the COVID-

Madison Square Garden Sports Corp. to Host Fiscal 2022 First Quarter Conference Call

Shares of Madison Square Garden Sports Corp. MSGS, +3.64% charged up 3.7% toward a 7 1/2-month high in afternoon trading Monday, after J.P. Morgan analyst David Karnovsky boosted his price target by 16%.

Madison Square Garden Sports stock rallies after analyst boosts target, after Forbes' $5.8 billion valuation of the Knicks

JPMorgan analyst David Karnovsky lowered the price target on Madison Square Garden Entertainment Corp (NYSE:MSGE) to $79 from $105, implying a 7% upside, and reiterated a Neutral ahead of the company's Q3 results.  The analyst's updated model excludes contribution from Comcast Corp (NASDAQ:CMCSA), which he estimates is 9% of its FY21 revenue, as it does not currently see a path forward for carriage.

JPMorgan Cuts Madison Square Garden Price Target By 25%

JPMorgan Chase & Co

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”) and Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) announced today a multi-year marketing partnership renewal with JPMorgan Chase (NYSE: JPM) to continue their role as the Marquee Partner. As part of the renewal, JPMorgan Chase will have a new Chase Lounge at Madison Square Garden -- available exclusively for Chase customers -- that debuts tonight at the Knicks Home Opener. Lo

MSG Sports and MSG Entertainment Renew Marquee Marketing Partnership With JPMorgan Chase

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”) and Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) announced today a multi-year marketing partnership renewal with Lexus, continuing the luxury automaker's role as a Signature Partner of both companies. Lexus remains the Official Luxury Auto Partner and Luxury Vehicle of Madison Square Garden, Radio City Music Hall, Hulu Theater at MSG, the Beacon Theatre, the New York Knicks,

MSG Sports and MSG Entertainment Renew Marketing Partnership With Lexus

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) announced today a marketing partnership with Benjamin Moore, naming North America's favorite paint, color and coatings brand, the Official Paint Partner of the New York Rangers. As part of the partnership, Benjamin Moore becomes the Rangers in-game helmet sponsor beginning with the 2021-22 NHL Season and will have an in-ice logo position during all Rangers games at Madison Square Garden. Additionally, four colors represe

Benjamin Moore Named Official Paint Partner of the New York Rangers

Kennametal

Manchester United

OneSpaWorld Holdings Limited

According to GuruFocus Real-Time Picks, a Premium feature, John Rogers (Trades, Portfolio)' Ariel Investments recently disclosed a new stake in Manchester United PLC ( MANU , Financial) as well as increases to its investments in OneSpaWorld Holdings Ltd. ( OSW , Financial), Madison Square Garden Entertainment Corp. ( MSGE , Financial) and Kennametal Inc. ( KMT , Financial).

John Rogers' Ariel Investments Bets Big on Travel and Leisure

Madison Square Garden Sports offers the possibility to own a small stake in two of the most valuable/famous US sports franchises. Knicks and Rangers are worth significantly more than today's enterprise value.

News for Madison Square Garden Sports Stock (MSGS)