MSG Sports Files to Spin Off Rangers from Knicks
MSG Sports has filed a registration statement with regulators for a new company to manage the New York Rangers business separately from its New York Knicks operations.
MSGS - Madison Square Garden Sports Corp.
Price:
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--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$496.00
DETAILS
HIGH:
$584.00
LOW:
$450.00
MEDIAN:
$475.00
CONSENSUS:
$496.00
UPSIDE:
26.50%
Stock News
MSG Sports Publicly Files Form 10 Registration Statement for Proposed Spin-Off of Rangers Business from Knicks Business
NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports” or the “Company”) today announced that it is continuing to make progress on the proposed spin-off of its New York Rangers business from its New York Knicks business, with the public filing of a Form 10 Registration Statement for the new Rangers company with the U.S. Securities and Exchange Commission. As previously announced, the proposed transaction would create two distinct publicly traded companies. Foll.
Madison Square Garden Q4 Earnings Call Highlights
Madison Square Garden NYSE: MSGS reported fiscal 2026 revenue of $1.15 billion and adjusted operating income of $58.7 million, as the New York Knicks' championship run drove higher ticketing, merchandise, sponsorship and in-arena spending.
Madison Square Garden Sports: Knicks' Win Doesn't Support An Investment Case
Madison Square Garden Sports Corp. reported strong fiscal Q4 results, driven by fan engagement as the New York Knicks won the 2025-26 NBA Championship. Team valuations have continued to rise, and MSGS's planned spin-off of the New York Rangers has helped MSGS stock's valuation. There still isn't an attractive investment case in MSGS stock; investors are taking part in a speculative asset class without being able to cash in through a team sale.
Madison Square Garden Sports Corp. (MSGS) Q4 2026 Earnings Call Transcript
Madison Square Garden Sports Corp. (MSGS) Q4 2026 Earnings Call Transcript
Madison Square Garden (MSGS) Beats Q4 Earnings and Revenue Estimates
Madison Square Garden (MSGS) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to a loss of $0.07 per share a year ago.
Madison Square Garden Sports Corp. Reports Fiscal 2026 Fourth Quarter and Full-Year Results
NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2026. The fiscal 2026 fourth quarter and full year were highlighted by the New York Knicks (the “Knicks”) winning the 2025-26 NBA Championship. In addition, the Company's fiscal 2026 fourth quarter and full-year results reflect increases in average per-game revenues for every in-arena revenue category – tickets, suites, sponsorshi.
Madison Square Garden Sports Corp. to Host Fiscal 2026 Fourth Quarter and Year-End Conference Call
Madison Square Garden Sports Corp. (NYSE: [url="]MSGS[/url]) will host a conference call to discuss results for its fiscal fourth quarter and full-year ended Ju
Madison Square Garden Sports Corp. to Host Fiscal 2026 Fourth Quarter and Year-End Conference Call
NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) will host a conference call to discuss results for its fiscal fourth quarter and full-year ended June 30, 2026 on Thursday, August 13, 2026 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 833-461-5787 with the conference ID number 517527425 approximately 10 minutes prior to the call. The call will also be avail.
Empowered Funds LLC Increases Stake in The Madison Square Garden Company $MSGS
Empowered Funds LLC boosted its position in The Madison Square Garden Company (NYSE: MSGS) by 211.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 11,309 shares of the company's stock after acquiring an additional 7,681 shares during the period. Empowered Funds LLC's holdings in
Quentin Dolan Named President, Chief Operating Officer, and Alternate Governor of the New York Rangers
NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (“MSG Sports”) Executive Chairman and CEO James L. Dolan announced today that Quentin Dolan has been named President, Chief Operating Officer, and Alternate Governor of the New York Rangers, effective immediately. Quentin Dolan most recently served as Senior Vice President, Player Performance and Science Leader, an area he will continue to oversee for both the Rangers and Knicks organizations. As President, Chief Operating Officer, a.
MSG Entertainment and MSG Sports Announce Renewed and Expanded Multi-Year Marketing Partnership With Lexus
NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) and Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”) announced today an expanded, multi-year marketing partnership with Lexus, extending the luxury automaker's role as an Official Partner across MSG Entertainment's and MSG Sports' portfolio of premier sports and entertainment assets. Lexus remains the Official Luxury Auto Partner and Luxury Vehicle of Madison Square Garden, Radi.
MSG Entertainment and MSG Sports Announce Renewed and Expanded Multi-Year Marketing Partnership With Lexus
Madison Square Garden Entertainment Corp. (NYSE: [url="]MSGE[/url]) (âMSG Entertainmentâ) and Madison Square Garden Sports Corp. (NYSE: [url="]MSGS[/url])
EXCLUSIVE: Knicks Title Validates FMTM's 'Entirely Data-Driven' Bet On MSGS
The New York Knicks' first NBA championship in 53 years has put Madison Square Garden Sports Corp. (NYSE:MSGS) back in the spotlight, but one momentum-focused ETF says the market had begun recognizing the opportunity long before the franchise captured the title.
Strength Seen in Madison Square Garden (MSGS): Can Its 3.8% Jump Turn into More Strength?
Madison Square Garden (MSGS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Buy MSGE or MSGS Stock After the Knicks' First Championship in 53 Years?
For investors looking to benefit from the long-term value of the Knicks franchise, MSGS is the more direct investment opportunity, while MSGE may appeal to those who prefer a broader entertainment and venue-based business model.
The New York Knicks Championship and the End of the ‘Dolan Discount'
Madison Square Garden Sports Corp. shares are up nearly 100% in the past year, nearing a record high.
Madison Square Garden Sports: The Knicks Are On The Verge Of Something Special
Madison Square Garden Sports Corp. is upgraded to a speculative Buy as the Knicks near their first NBA championship since 1973. MSGS trades at a 17.7% discount to adjusted Forbes private market valuation, with potential for further upside if the Knicks win. A confidential SEC filing advances plans to split MSGS into separate Knicks and Rangers entities, potentially unlocking additional value.
MSG Sports Is Winning Big On Wall Street
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m.
The Knicks' stock hits record high on historic NBA Finals lead
The Knicks' historic playoff run has more than doubled the value of the parent company's stock, sending it to a new all-time high – and analysts are optimistic it could keep climbing after Game 3.
Price Targets
MSG Sports price target raised to $473 from $435 at Seaport Research
$473.00
(was $403.82)
Seaport Global
MSG Sports price target raised to $584 from $522 at Guggenheim
$584.00
(was $409.49)
Guggenheim
MSG Sports price target raised to $477 from $430 at Susquehanna
$477.00
(was $409.38)
Susquehanna
Madison Square Garden Sports (MSGS) PT Raised to $522 at Guggenheim
$522.00
(was $397.25)
Curry Baker
·
Guggenheim
MSG Sports upgraded to Overweight from Equal Weight at Morgan Stanley
$450.00
(was $403.27)
Cameron Mansson
·
Morgan Stanley
MSG Sports price target raised to $430 from $429 at Susquehanna
$430.00
(was $370.59)
Susquehanna
MSG Sports price target raised to $477 from $422 at Guggenheim
$477.00
(was $382.95)
Curry Baker
·
Guggenheim
Madison Square Garden Sports (MSGS) PT Raised to $470 at Guggenheim
$470.00
(was $381.42)
Curry Baker
·
Guggenheim
MSG Sports price target raised to $429 from $404 at Susquehanna
$429.00
(was $366.33)
Susquehanna
MSG Sports price target raised to $435 from $430 at Seaport Research
$435.00
(was $367.00)
Seaport Global
MSG Sports price target raised to $422 from $401 at Guggenheim
$422.00
(was $349.30)
Guggenheim
MSG Sports price target raised to $404 from $388 at Susquehanna
$404.00
(was $350.46)
Susquehanna
MSG Sports price target raised to $401 from $355 at Guggenheim
$401.00
(was $334.74)
Guggenheim
MSG Sports upgraded to Buy from Neutral at Seaport Research
$430.00
(was $322.20)
David Joyce
·
Seaport Global
MSG Sports price target raised to $388 from $356 at Susquehanna
$388.00
(was $322.20)
Joseph Stauff
·
Susquehanna
MSG Sports price target raised to $400 from $305 at JPMorgan
$400.00
(was $341.76)
New Street
MSG Sports price target raised to $295 from $220 at Morgan Stanley
$295.00
(was $279.59)
Benjamin Swinburne
·
Morgan Stanley
MSG Sports price target raised to $356 from $351 at Susquehanna
$356.00
(was $273.65)
Susquehanna
MSG Sports price target raised to $351 from $260 at Susquehanna
$351.00
(was $289.61)
Susquehanna
MSG Sports price target lowered to $268 from $270 at Wolfe Research
$268.00
(was $216.93)
Wolfe Research