MSGN - MSG Networks Inc.

NYSE - NYSE Delayed Price. Currency in USD
16.38
+0.20 (+1.24%)
At close: 4:01PM EDT

16.38 0.00 (0.00%)
After hours: 4:17PM EDT

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Previous Close16.18
Open16.21
Bid16.40 x 1400
Ask16.41 x 800
Day's Range16.08 - 16.56
52 Week Range13.73 - 28.13
Volume888,704
Avg. Volume1,183,372
Market Cap1.226B
Beta (3Y Monthly)0.63
PE Ratio (TTM)6.66
EPS (TTM)2.46
Earnings DateOct 31, 2019 - Nov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est17.86
Trade prices are not sourced from all markets
  • MSG Networks at 50 will look back, spin it forward
    American City Business Journals

    MSG Networks at 50 will look back, spin it forward

    As it celebrates its 50th anniversary, MSG Networks will roll out a new tagline (“Live Since 1969”) and programming this week. The RSN’s celebration will have many of the same trappings as other network anniversaries — complete with classic games and special programming. “Our plan is less about celebrating 50 years and more about focusing on innovation,” said Kevin Marotta, MSG Network’s senior vice president of marketing and content strategy.

  • GlobeNewswire

    MSG Networks Announces Final Results of Modified Dutch Auction Tender Offer

    MSG Networks Inc. (“MSG Networks” or the “Company”) (MSGN) today announced the final results of its modified Dutch auction tender offer, which expired at 12:00 midnight, New York City time, on September 27, 2019. Based on the final count by Equiniti Trust Company, the depositary for the tender offer (the “Depositary”), MSG Networks has accepted for purchase 14,980,092 shares of its Class A common stock, par value $0.01 per share (the “Class A Shares”), at a price of $16.70 per Class A Share, for an aggregate cost of approximately $250,167,536, excluding fees and expenses relating to the tender offer.

  • GlobeNewswire

    MSG Networks Announces Preliminary Results of Modified Dutch Auction Tender Offer

    MSG Networks Inc. (“MSG Networks” or the “Company”) (MSGN) today announced the preliminary results of its modified Dutch auction tender offer, which expired at 12:00 midnight, New York City time, on September 27, 2019. Based on the preliminary count by Equiniti Trust Company, the depositary for the tender offer (the “Depositary”), a total of 14,980,092 shares of MSG Networks’ Class A common stock, par value $0.01 per share (the “Class A Shares”), were properly tendered and not properly withdrawn at or below the purchase price of $16.70 per Class A Share, including 7,515,909 Class A Shares that were tendered by notice of guaranteed delivery.

  • Thomson Reuters StreetEvents

    Edited Transcript of MSGN earnings conference call or presentation 21-Aug-19 2:00pm GMT

    Q4 2019 MSG Networks Inc Earnings Call

  • GlobeNewswire

    Kaskela Law LLC Announces Shareholder Investigation of MSG Networks Inc. and Encourages Investors to Contact the Firm – MSGN

    PHILADELPHIA, Sept. 03, 2019 -- Kaskela Law LLC is investigating MSG Networks Inc. (NYSE: MSGN) on behalf of the company’s shareholders.  The investigation seeks to determine.

  • Why Ambarella, MSG Networks, and Dell Technologies Jumped Today
    Motley Fool

    Why Ambarella, MSG Networks, and Dell Technologies Jumped Today

    Despite a lackluster session for the major benchmarks, these stocks managed to post nice gains on encouraging news.

  • MarketWatch

    MSG Networks' board OKs share buyback

    MSG Networks Inc. shares rose more than 9% in the extended session Thursday after the operator of regional sports and entertainment networks spun off from Madison Square Garden Co. said its board of directors has authorized a $300 million stock buyback program. That brings MSG Networks' available authorization to $436 million, the company said. The company also said it plans a modified Dutch auction to buy up to $250 million in shares at a per-share price between $15.00 and $17.50. "MSG Networks has a strong balance sheet and generates robust free cash flow, which we will use to execute a stock repurchase program that provides us with flexibility to take advantage of market opportunities. We understand the media landscape is evolving, but remain confident in the long-term prospects for our business and our continued ability to create value for shareholders," Chief Executive Andrea Greenberg said in a statement. The stock ended the regular trading day up 1.2%.

  • GlobeNewswire

    MSG Networks Increases Stock Buyback Authorization and Announces Details of Planned Modified Dutch Auction Tender Offer

    MSG Networks Inc. (MSGN) today announced that its Board of Directors has authorized a $300 million increase to its existing stock repurchase program, bringing the Company’s total available authorization to approximately $436 million. President and CEO Andrea Greenberg said: “MSG Networks has a strong balance sheet and generates robust free cash flow, which we will use to execute a stock repurchase program that provides us with flexibility to take advantage of market opportunities.

  • GlobeNewswire

    Gregg Seibert, Vice Chairman of The Madison Square Garden Company, MSG Networks and AMC Networks, to Participate in Bank of America Merrill Lynch Conference

    NEW YORK, Aug. 28, 2019 -- The Madison Square Garden Company (NYSE: MSG), MSG Networks Inc. (NYSE: MSGN) and AMC Networks Inc. (NASDAQ: AMCX) today announced that Vice.

  • MSG Networks (MSGN) Q4 2019 Earnings Call Transcript
    Motley Fool

    MSG Networks (MSGN) Q4 2019 Earnings Call Transcript

    MSGN earnings call for the period ending June 30, 2019.

  • Why Cree, MSG Networks, and Children's Place Slumped Today
    Motley Fool

    Why Cree, MSG Networks, and Children's Place Slumped Today

    Even a strong market couldn't lift these stocks.

  • Why MSG Networks Stock Tumbled Today
    Motley Fool

    Why MSG Networks Stock Tumbled Today

    An across-the-board earnings miss weighed on the shares.

  • MarketWatch

    MSG Networks shares slide 13% after earnings miss

    MSG Networks Inc. shares slid about 13% Wednesday, after the operator of regional sports and entertainment networks posted weaker-than-expected fiscal fourth-quarter earnings. The company, which was spun out of Madison Square Gardens in 2015, said it had net income of $41.2 million, or 54 cents a share, in the quarter to June 30, down from $45.2 million, or 60 cents a share, in the year-earlier period. Revenue fell 3% to $168.4 million. The FactSet consensus was for EPS of 63 cents and revenue of $171 million. Advertising revenue rose by $0.9 million, due to higher sales from the telecast of live professional sports programming, including playoff games, as well as higher sales from branded content. That was partially offset by a lower decline in deferred revenue related to ratings guarantees. Direct operating costs rose 2% to $70.1 million, mostly due to higher rights fees. Selling, general and administrative costs rose 33% to $26.3 million, mostly due to one-time costs, and higher advertising and marketing costs. Shares have fallen 38% in 2019, while the S&P 500 has gained 17%.

  • MSG Networks (MSGN) Lags Q4 Earnings and Revenue Estimates
    Zacks

    MSG Networks (MSGN) Lags Q4 Earnings and Revenue Estimates

    MSG Networks (MSGN) delivered earnings and revenue surprises of -11.48% and -2.39%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • ACCESSWIRE

    MSG Networks, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 21, 2019, 2018 / MSG Networks, Inc. (NYSE: MSGN ) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on August 21, 2019 at 10:00 ...

  • GlobeNewswire

    MSG Networks Inc. Reports Fourth Quarter and Fiscal 2019 Results

    Fiscal 2019 fourth quarter revenues of $168.4 millionFiscal 2019 fourth quarter operating income of $70.2 millionFiscal 2019 fourth quarter adjusted operating income of $76.4.

  • TheStreet.com

    MSG Networks Stock Gets Nicked on Earnings Miss

    The media arm of the NBA's New York Knicks and NHL's New York Rangers reports soft earnings.

  • Benzinga

    MSG Networks Q4 Earnings Preview

    MSG Networks (NYSE: MSGN ) releases its next round of earnings this Wednesday, August 21. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report. Earnings and Revenue ...

  • Benzinga

    Madison Square Garden Trades Lower On Q4 Earnings Miss

    The Madison Square Garden Co (NYSE: MSG ) shares are trading lower after the company reported worse-than-expected fourth-quarter EPS and sales results . The company reported losses of $3.08 per share, ...

  • Madison Square Garden Co (MSG) Q4 2019 Earnings Call Transcript
    Motley Fool

    Madison Square Garden Co (MSG) Q4 2019 Earnings Call Transcript

    MSG earnings call for the period ending June 30, 2019.

  • MarketWatch

    Madison Square Garden reports wider loss as revenue falls more than expected

    Madison Square Garden Co. reported Tuesday a wider fiscal fourth-quarter loss and revenue that fell more than expected, amid weakness in its MSG Sports business. The stock was still inactive in premarket trading. The net loss for the quarter to June 30 was $73.2 million, or $3.08 a share, after a loss of $46.1 million, or $1.94 a share, in the same period a year ago. The FactSet consensus for net EPS was $2.71. Revenue fell 17% to $263.6 million, below the FactSet consensus of $270.1 million. MSG Entertainment revenue slipped 6% to $174.0 million, above the FactSet consensus of $172.5 million, and MSG Sports revenue dropped 32% to $90.0 million to miss expectations of $102.1 million. MSG said the decrease in revenue was primarily due to the impact of ASC Topic 606, a new accounting standard for revenue from contracts with customers, partially offset by higher event-related revenue from other live sporting events. "Looking ahead, we remain confident in the strength of our core businesses and expect fiscal 2020 to be an important year as we work to complete the proposed sports spin-off and begin to usher in the company's next chapter, with MSG Sphere in Las Vegas starting to take shape," said Chief Executive James Dolan. The stock has gained 9.6% year to date, while the S&P 500 has rallied 16.6%.

  • TheStreet.com

    [video]Madison Square Garden Company Posts Wider-Than-Expected Loss

    MSG also disclosed potentially steep construction costs at its Las Vegas project, which it plans to open in 2021.