The Madison Square Garden Company (NYSE:MSGS) Given Average Recommendation of “Hold” by Analysts

Shares of The Madison Square Garden Company (NYSE:MSGS) have received a consensus recommendation of “Hold” from the nine ratings firms that are covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $333.80.

MSGS has been the topic of a number of research reports. Citigroup lowered shares of Madison Square Garden from a “buy” rating to a “neutral” rating and lifted their target price for the company from $337.00 to $355.00 in a research note on Thursday. Weiss Ratings raised shares of Madison Square Garden from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, March 27th. Seaport Research Partners raised shares of Madison Square Garden from a “neutral” rating to a “buy” rating and set a $430.00 target price on the stock in a research note on Friday, April 10th. Guggenheim lifted their target price on shares of Madison Square Garden from $355.00 to $401.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. lifted their target price on shares of Madison Square Garden from $240.00 to $305.00 and gave the company an “overweight” rating in a research note on Friday, February 6th.

Trending Headlines about Madison Square Garden

Here are the key news stories impacting Madison Square Garden this week:

• Positive Sentiment: Ticketmaster canceled suspected scalper orders and is reselling Harry Styles residency tickets for shows at Madison Square Garden, which should improve realized ticket sales, reduce blocked inventory and help near‑term box office revenue. Harry Styles Fans Get Another Shot at MSG Tickets After Ticketmaster Takes Action Against Scalpers
• Neutral Sentiment: Coverage explaining why Ticketmaster is releasing more Harry Styles tickets and guides to MSG seating are informational — they underscore strong demand for the residency but are background rather than direct catalysts for corporate fundamentals. Why is Ticketmaster releasing more Harry Styles MSG tickets?
• Negative Sentiment: Citigroup downgraded Madison Square Garden Sports (MSGS) from “buy” to “neutral”—a move that can pressure sentiment and flows into the broader MSGS complex despite Citi raising its price target to $355. Citigroup downgrades Madison Square Garden Sports (MSGS)
• Negative Sentiment: An investigative report alleges the MSG owner used surveillance to monitor people, creating potential reputational and legal risk that could weigh on the stock if follow‑up reporting or regulatory scrutiny intensifies. MSG Owner Uses Surveillance to Spy on People: New Investigative Report

Insider Buying and Selling

In related news, Director Charles P. Dolan sold 5,659 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $325.26, for a total transaction of $1,840,646.34. Following the sale, the director owned 435 shares of the company’s stock, valued at $141,488.10. The trade was a 92.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 19.07% of the stock is owned by insiders.

Institutional Investors Weigh In On Madison Square Garden

Hedge funds have recently bought and sold shares of the business. Farther Finance Advisors LLC raised its holdings in Madison Square Garden by 5,450.0% in the third quarter. Farther Finance Advisors LLC now owns 111 shares of the company’s stock worth $25,000 after buying an additional 109 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new position in Madison Square Garden in the fourth quarter worth about $26,000. Salomon & Ludwin LLC purchased a new position in Madison Square Garden in the third quarter worth about $27,000. Caitong International Asset Management Co. Ltd raised its holdings in Madison Square Garden by 67.1% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 122 shares of the company’s stock worth $32,000 after buying an additional 49 shares during the last quarter. Finally, SJS Investment Consulting Inc. raised its holdings in Madison Square Garden by 488.2% in the first quarter. SJS Investment Consulting Inc. now owns 100 shares of the company’s stock worth $32,000 after buying an additional 83 shares during the last quarter. Institutional investors own 68.94% of the company’s stock.

Madison Square Garden Stock Down 1.0%

Shares of MSGS stock opened at $331.97 on Friday. The stock has a fifty day moving average of $320.33 and a 200 day moving average of $270.75. Madison Square Garden has a 52 week low of $184.63 and a 52 week high of $345.48. The firm has a market capitalization of $7.99 billion, a price-to-earnings ratio of -481.12 and a beta of 0.59.

Madison Square Garden (NYSE:MSGS) last announced its earnings results on Thursday, February 5th. The company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.32). The firm had revenue of $403.42 million for the quarter, compared to analysts’ expectations of $394.58 million. The company’s quarterly revenue was up 12.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.05 earnings per share. Equities research analysts anticipate that Madison Square Garden will post -0.34 earnings per share for the current year.

About Madison Square Garden

Madison Square Garden Sports Corp (NYSE: MSGS) is a leading sports and entertainment holding company focused on professional sports franchises and related media assets. The company owns and operates teams such as the NBA’s New York Knicks, the NHL’s New York Rangers and the WNBA’s New York Liberty. Through these flagship franchises, MSG Sports offers a range of products and services including ticketing, premium seating and sponsorship opportunities, targeting fans in the New York metropolitan area and beyond.

In addition to team operations, Madison Square Garden Sports Corp holds a majority stake in MSG Networks, a regional cable network that broadcasts live sporting events, news and original programming.