Added to YB: 2025-06-23
Pitch date: 2025-05-05
MSGS [bullish]
Madison Square Garden Sports Corp.
+25.56%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$5.1B
Pitch Price
$189.11
Price Target
416.00 (+75%)
Dividend
N/A
EV/EBITDA
75.14
P/E
-215.01
EV/Sales
6.09
Sector
Entertainment
Category
value
Madison Square Garden Sports Corp. - $MSGS
MSGS: Madison Square Garden Sports owns Knicks/Rangers. Stock down 17% on RSN rights fee cut (28%/18%), but national media rights (NBA $76B/11yr deal) more critical. Season ticket prices +17%. Trades at 55% discount to intrinsic value ($185 vs $416) based on Sportico's $11.5B team valuation. Celtics sold for record $6.1B. No near-term sale catalyst from Dolan.
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