Madison Square Garden Sports Corp.
MSGS · Price history
Price at last available close
$384.39
−$29.45 (-7.12%) 1M
2026-10-26
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Company & revenue
About Madison Square Garden Sports Corp.
Primary reporting period: 2026-06-30 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
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.
How they make money
Madison Square Garden Sports Corp. generates revenue primarily through the operation of professional sports franchises, including the New York Knicks and New York Rangers. The company earns income through media rights agreements, ticket sales, suite licenses, sponsorships, and the sharing of league-wide revenue distributions.
Products & services
Professional sports team operations including the New York Knicks (NBA) and New York Rangers (NHL), as well as development league teams (Westchester Knicks and Hartford Wolf Pack) and the MSG Training Center.
Brands & revenue mix
Professional NBA basketball team.
Separate brand revenue is not available in this research.Source
Professional NHL hockey team.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
Period ended 2026-06-30Source
Period ended 2026-06-30Source
Period ended 2026-06-30Source
Period ended 2026-06-30Source
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer concentration
The company discloses that a significant portion of its revenue is derived from media rights agreements with regional sports networks and national broadcast partners, which are subject to contractual renewal risks.
Suppliers, materials & equipment
- MSG Entertainment — Provides venue access for the Knicks and Rangers pursuant to Arena License Agreements.Source
Strengths
- Ownership of iconic professional sports franchises with strong brand equitySource
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
16
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
26
Poor
Financial Strength
43
Business Quality / Moat
19
Management
8
Growth Quality
24
Risk / Durability
33
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
26
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
32/100
Building Historical Record
Model Score 32/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
No strong positive signal is being highlighted from the currently available summary data.
- •Elevated debt risk
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Asset quality is a weaker factor
Company-specific research
Questions worth answering for MSGS
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can MSGS maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is MSGS's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •Is MSGS's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •What future growth or profitability would be needed to justify MSGS's current valuation?
Essential Investment Snapshot
Wall Street Score
16
Opportunity Score
26
Market Cap
$9.26B
P/E Ratio
1251.3
EPS
$0.32
52-Week High
$438.93
52-Week Low
$207.90
Beta
0.57
Intrinsic Value
$8.57
Analyst Target
$475.00
Shares Outstanding
24.3M
Total Revenue
$1.15B
Total Debt
$1.14B
Reported Dividend Yield
0.00%
Liquidation Value / Share
$-10.86
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Weakening momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for MSGS
Detected from reported data — verify before acting.Dividend history reported
The provider reports a dividend yield. Confirm the latest declaration before treating it as a current payment.
Elevated debt risk
Negative shareholder equity • Interest coverage is below 2x • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total callsNo personal call yet on MSGS.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Ownership of iconic professional sports franchises with strong brand equity.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Debt risk (elevated): Negative shareholder equity.
- −Interest coverage is below 2x.
- −Cash covers less than 20% of total debt.
- −Dependence on the performance and popularity of the Knicks and Rangers.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
3 historical score records availablePrevious Score
16
Oct 1, 2026
Change
Unchanged
Current Score
16
Oct 5, 2026
Category Changes
MSGS score was unchanged.
Projected Score
Projected Score
18
Projected Change
+2.4 points
Preliminary comparable-period financial changes suggest improvement of approximately 2.4 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
OvervaluedCurrent Price
$384.39
Model Intrinsic Value
$8.57
Difference
+$375.82
+4384.3% vs IV
Margin of Safety
-4384.3%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.15B | $1.15B | $1.04B | $1.03B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $833.7M | $833.7M | $758.3M | $619.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $320.1M | $320.1M | $280.9M | $407.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $286.0M | $286.0M | $266.1M | $261.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $291.3M | $291.3M | $266.1M | $261.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $42.2M | $42.2M | $7.6M | $136.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $28.9M | $28.9M | $14.8M | $146.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $21.1M | $21.1M | $21.7M | $27.6M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $18.0M | $18.0M | -$17.3M | $105.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $10.2M | $10.2M | $5.2M | $46.9M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $7.8M | $7.8M | -$22.4M | $58.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $0.32 | $0.32 | $-0.93 | $2.45 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 24.15M | 24.15M | 24.09M | 24.01M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 24.25M | 24.25M | 24.09M | 24.10M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$278.7M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$1.18
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-3.4%
Cash Change
+7.4%
Margin Change
+11.0 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Margins expanded
- Cash position grew
- Debt reduced
Potential Score Impact
Positive indicators included revenue growth, cash levels, debt levels, net income margin. Pressure indicators included EPS growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 36.7%. EPS declined 1698.9%. Cash increased 7.4%. Total debt declined 3.4%. Net income margin improved by 11.0 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
69
Smart Money
69
Number of Gurus
5
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
A dividend is reported, but detailed payment history is temporarily unavailable or awaiting refresh.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
3 historical recordsHistorical Score Chart
3 of 3 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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MSG Sports Board Approves Spin-Off of Rangers Business From Knicks Business
Rumor Mill · MSGS
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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