NYSE:MSGS

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Madison Square Garden Sports

Executive Summary

Madison Square Garden Sports Corp. operates as a professional sports company. More Details


Snowflake Analysis

Reasonable growth potential with weak fundamentals.


Similar Companies

Share Price & News

How has Madison Square Garden Sports's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MSGS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MSGS's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-1.3%

MSGS

1.8%

US Entertainment

1.3%

US Market


1 Year Return

-38.7%

MSGS

38.8%

US Entertainment

21.0%

US Market

Return vs Industry: MSGS underperformed the US Entertainment industry which returned 36.7% over the past year.

Return vs Market: MSGS underperformed the US Market which returned 20.9% over the past year.


Shareholder returns

MSGSIndustryMarket
7 Day-1.3%1.8%1.3%
30 Day19.6%13.2%12.1%
90 Day2.9%1.4%4.8%
1 Year-14.1%-38.7%39.4%38.8%23.7%21.0%
3 Year8.7%-22.5%83.6%79.6%46.6%36.8%
5 Year48.6%6.0%102.7%93.6%94.6%73.2%

Long-Term Price Volatility Vs. Market

How volatile is Madison Square Garden Sports's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Madison Square Garden Sports undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: MSGS ($169.4) is trading above our estimate of fair value ($44.63)

Significantly Below Fair Value: MSGS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MSGS is unprofitable, so we can't compare its PE Ratio to the US Entertainment industry average.

PE vs Market: MSGS is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MSGS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MSGS has negative assets, so we can't compare its PB Ratio to the US Entertainment industry average.


Next Steps

Future Growth

How is Madison Square Garden Sports forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

95.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MSGS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: MSGS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MSGS's is expected to become profitable in the next 3 years.

Revenue vs Market: MSGS's revenue (16% per year) is forecast to grow faster than the US market (10.3% per year).

High Growth Revenue: MSGS's revenue (16% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MSGS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Madison Square Garden Sports performed over the past 5 years?

-15.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MSGS is currently unprofitable.

Growing Profit Margin: MSGS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MSGS is unprofitable, and losses have increased over the past 5 years at a rate of 15.2% per year.

Accelerating Growth: Unable to compare MSGS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MSGS is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (33.7%).


Return on Equity

High ROE: MSGS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Madison Square Garden Sports's financial position?


Financial Position Analysis

Short Term Liabilities: MSGS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MSGS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MSGS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MSGS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MSGS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MSGS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.7% each year


Next Steps

Dividend

What is Madison Square Garden Sports's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MSGS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MSGS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MSGS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MSGS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MSGS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Andy Lustgarten (42 yo)

0.58

Tenure

US$5,873,881

Compensation

Mr. Andrew S. Lustgarten, also known as Andy, serves as Chief Executive Officer at Madison Square Garden Sports Corp. since April 17, 2020 and serves as its President since December 18, 2017. He serves as ...


CEO Compensation Analysis

Compensation vs Market: Andy's total compensation ($USD5.87M) is about average for companies of similar size in the US market ($USD5.17M).

Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
James Dolan
Executive Chairman5.67yrsUS$10.25m6.93%
$ 283.1m
Andrew Lustgarten
CEO & President0.58yrUS$5.87m0.018%
$ 739.3k
Victoria Mink
Executive VP1.83yrsUS$2.22m0.0037%
$ 153.2k
Alexander Shvartsman
Senior VP0.58yrUS$614.29k0.0052%
$ 212.8k
Lawrence Burian
Executive VP & General Counselno dataUS$2.72m0.063%
$ 2.6m
Sandra Kapell
Chief Administrative Officer & Executive VP4.83yrsno datano data
Ari Danes
Senior Vice President of Investor Relations & Treasuryno datano datano data
Kimberly Kerns
Executive VP & Chief Communications Officerno datano datano data
Justin Johnson
Senior Vice President8.42yrsno datano data
Gregg Seibert
Vice Chairmanno datano datano data
Joseph Percoco
Senior Vice President4.83yrsno datano data
Joel Fisher
Executive Vice President of Marquee Events & Operations4.75yrsno datano data

3.3yrs

Average Tenure

50.5yo

Average Age

Experienced Management: MSGS's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Dolan
Executive Chairman5.67yrsUS$10.25m6.93%
$ 283.1m
Alan Schwartz
Independent Director5.17yrsUS$174.00k0.026%
$ 1.0m
Charles Dolan
Director5.17yrsUS$163.02k1.02%
$ 41.7m
Thomas Dolan
Director5.17yrsUS$166.02k3.22%
$ 131.6m
Nelson Peltz
Independent Director5.17yrsUS$165.02k0.0021%
$ 85.8k
Vincent Tese
Independent Director5.17yrsUS$190.52k0.016%
$ 634.3k
Richard Parsons
Independent Director5.17yrsUS$225.50k0.019%
$ 758.9k
Brian Sweeney
Director5.17yrsUS$167.52k1.55%
$ 63.5m
Marianne E. Weber
Director3.92yrsUS$162.52k3.12%
$ 127.4m
Kristin Dolan
Director5.17yrsUS$163.02k0.032%
$ 1.3m
Joseph Cohen
Independent Director0.58yrUS$88.03k0.0021%
$ 86.2k
Charles Dolan
Director5.17yrsUS$164.52k0.025%
$ 1.0m

5.2yrs

Average Tenure

69yo

Average Age

Experienced Board: MSGS's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Madison Square Garden Sports Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Madison Square Garden Sports Corp.
  • Ticker: MSGS
  • Exchange: NYSE
  • Founded: 1879
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: US$4.084b
  • Shares outstanding: 24.11m
  • Website: https://www.msgsports.com

Number of Employees


Location

  • Madison Square Garden Sports Corp.
  • Two Pennsylvania Plaza
  • New York
  • New York
  • 10121-0091
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MSGSNYSE (New York Stock Exchange)YesClass A Common StockUSUSDSep 2015
MS8DB (Deutsche Boerse AG)YesClass A Common StockDEEURSep 2015

Biography

Madison Square Garden Sports Corp. operates as a professional sports company. Its portfolio of assets include the New York Knickerbockers of the National Basketball Association (NBA), and the New York Rang...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/01 00:32
End of Day Share Price2020/11/30 00:00
Earnings2020/09/30
Annual Earnings2020/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.