Seaport Res Ptn Has Bearish Forecast for MSGS Q1 Earnings

The Madison Square Garden Company (NYSE:MSGS) – Analysts at Seaport Res Ptn decreased their Q1 2026 EPS estimates for Madison Square Garden in a research note issued on Tuesday, August 12th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings of ($1.34) per share for the quarter, down from their previous estimate of ($1.01). The consensus estimate for Madison Square Garden’s current full-year earnings is $0.73 per share. Seaport Res Ptn also issued estimates for Madison Square Garden’s Q2 2026 earnings at ($0.01) EPS, Q3 2026 earnings at $1.43 EPS, Q4 2026 earnings at ($1.57) EPS, FY2026 earnings at ($1.50) EPS and FY2027 earnings at $0.78 EPS.

Madison Square Garden (NYSE:MSGS) last issued its quarterly earnings results on Tuesday, August 12th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.42) by $0.35. The business had revenue of $203.96 million for the quarter, compared to analysts’ expectations of $151.00 million. Madison Square Garden had a negative net margin of 2.16% and a negative return on equity of 1.76%. The company’s revenue was down 10.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.06 EPS.

Several other research analysts also recently commented on the company. Susquehanna initiated coverage on Madison Square Garden in a research note on Monday, April 28th. They issued a “positive” rating and a $254.00 price objective on the stock. JPMorgan Chase & Co. decreased their target price on shares of Madison Square Garden from $240.00 to $230.00 and set an “overweight” rating on the stock in a research note on Monday, May 5th. Guggenheim reaffirmed a “buy” rating and set a $314.00 price target on shares of Madison Square Garden in a report on Tuesday, May 6th. Finally, Morgan Stanley increased their price objective on shares of Madison Square Garden from $215.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Wednesday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $253.60.

Madison Square Garden Stock Performance

NYSE MSGS opened at $198.76 on Friday. The business’s fifty day moving average is $201.44 and its 200 day moving average is $197.72. The company has a market capitalization of $4.77 billion, a PE ratio of -216.04 and a beta of 0.79. Madison Square Garden has a fifty-two week low of $173.26 and a fifty-two week high of $237.99.

Institutional Trading of Madison Square Garden

Several institutional investors and hedge funds have recently added to or reduced their stakes in MSGS. Treasurer of the State of North Carolina grew its holdings in Madison Square Garden by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 8,172 shares of the company’s stock valued at $1,844,000 after buying an additional 50 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its stake in Madison Square Garden by 1.7% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,663 shares of the company’s stock valued at $765,000 after acquiring an additional 60 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Madison Square Garden by 2.2% in the 4th quarter. NewEdge Advisors LLC now owns 2,914 shares of the company’s stock valued at $658,000 after acquiring an additional 62 shares during the last quarter. Westside Investment Management Inc. boosted its holdings in shares of Madison Square Garden by 9.0% during the 2nd quarter. Westside Investment Management Inc. now owns 784 shares of the company’s stock valued at $164,000 after purchasing an additional 65 shares during the last quarter. Finally, Marest Capital LLC grew its position in shares of Madison Square Garden by 4.1% during the first quarter. Marest Capital LLC now owns 1,751 shares of the company’s stock valued at $341,000 after purchasing an additional 69 shares in the last quarter. Institutional investors own 68.94% of the company’s stock.

About Madison Square Garden

Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company 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. Its 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.