Stocks · Communication Services · Entertainment
Madison Square Garden Sports Corp. MSGS
$406.95 +1.94% Close, Oct 2, 2026 · NYSE · Market cap $9.80B
Strong trendExpensive vs sector
Next earnings report: Oct 30, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 1271.7× trailing earnings, higher than 93% of the company's own readings over the past five years.
- Net debt is 23.2× EBITDA, a high level of leverage.
- Over the past year the stock returned +77.1%, ahead of the S&P 500 by 62.0 percentage points.
PromtFinance scores
Each score is a percentile within the Communication Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 37%
- FCF growth (TTM, YoY)Bottom 25%
- Revenue growth, 3-year CAGRTop 36%
- Revenue growth accelerationTop 8%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 36%
- Gross marginBottom 15%
- Operating marginBottom 36%
- Cash conversion (OCF / net income)Top 17%
- Accruals (lower is better)Bottom 22%
- Net debt / EBITDA (lower is better)Bottom 3%
- Interest coverBottom 46%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 46%
- Free-cash-flow yieldBottom 24%
- EBITDA / enterprise valueBottom 24%
- Sales / enterprise valueBottom 8%
- P/E vs own 5-year history (lower is better)Bottom 1%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 8%
- 6-month returnTop 24%
- 1-year return vs S&P 500Top 6%
- Distance from 52-week highTop 8%
- Trend checklist (0–4)Top 6%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 28%
- Consecutive EPS beatsBottom 47%
- Share of analysts rating BuyTop 25%
- Upside to consensus price targetBottom 28%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 7%
- Maximum drawdown, 3 yearsTop 7%
- Beta vs S&P 500 (lower is better)Top 26%
- Net debt / EBITDA (lower is better)Bottom 3%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 1.6% | 11.0% | ↑ |
| Gross margin | 27.0% | 27.7% | ↑ |
| Operating margin | 1.4% | 2.5% | ↑ |
| FCF margin | 8.8% | 5.0% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 11.0% | 1.6% | ↑ | Top 37% |
| Gross margin | 27.7% | 27.0% | ↑ | Bottom 15% |
| Operating margin | 2.5% | 1.4% | ↑ | Bottom 36% |
| Net margin | 0.7% | -2.2% | ↑ | — |
| Free-cash-flow margin | 5.0% | 8.8% | ↓ | — |
| Return on invested capital | 1.3% | — | Bottom 36% | |
| Revenue growth, 3-year CAGR | 9.1% | — | Top 36% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +91.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 23.18×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.09%
- Shareholder yield
- 0.09%
- Share count change, 1 year
- +0.6%
- Share count change, 3-year CAGR
- +0.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 13, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- -34.0%
- Average 2-day reaction, last 8
- -1.9%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $496.00
- Target vs current price
- +21.9%
- Analysts with a rating
- 29
- Share rating Buy or Strong Buy
- 69%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 12, 2026 | +87.4% | +5.2% | +2.0% | +0.5% | — |
| May 8, 2026 | -239.3% | -0.7% | +5.0% | +16.2% | +18.8% |
| Feb 5, 2026 | -48.5% | -4.7% | -2.3% | +10.9% | +18.6% |
| Oct 31, 2025 | +64.4% | -4.6% | -4.1% | +1.5% | +27.3% |
| Aug 12, 2025 | +83.3% | -3.5% | -2.7% | +1.9% | +8.5% |
| May 2, 2025 | -139.9% | -2.8% | -1.0% | -1.5% | +4.3% |
| Feb 4, 2025 | -83.3% | -3.6% | -4.6% | -8.9% | -11.8% |
| Nov 1, 2024 | +64.8% | -0.8% | +2.6% | +3.3% | -0.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 12, 2026 | $1.19 | $0.64 | +87.4% | $278.7M |
| May 8, 2026 | -$0.78 | $0.56 | -239.3% | $432.2M |
| Feb 5, 2026 | $0.34 | $0.66 | -48.5% | $403.4M |
| Oct 31, 2025 | -$0.37 | -$1.04 | +64.4% | $39.5M |
| Aug 12, 2025 | -$0.07 | -$0.42 | +83.3% | $204.0M |
| May 2, 2025 | -$0.59 | $1.48 | -139.9% | $424.2M |
| Feb 4, 2025 | $0.05 | $0.30 | -83.3% | $357.8M |
| Nov 1, 2024 | -$0.31 | -$0.88 | +64.8% | $53.3M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 1271.7× | 82.7× | 93th | Bottom 46% |
| EV / EBITDA | 255.1× | — | — | Bottom 24% |
| EV / Sales | 9.34× | — | — | Bottom 8% |
| Free-cash-flow yield | 0.59% | — | — | Bottom 24% |
| Earnings yield | 0.08% | — | — | Bottom 46% |
P/E over the past five years
Range 56.1× – 188.4× since Dec 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 7
- Days above the 200-day average
- 269
- 50-day average slope (20 days)
- +0.7%
- 200-day average slope (20 days)
- +5.3%
- Distance from 50-day average
- +2.3%
- Distance from 200-day average
- +17.9%
- RSI (14)
- 56.0
- Relative volume
- 1.26×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 23.0%
- Volatility vs own 5-year history
- 41th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.59
- Correlation with S&P 500
- 0.35
- Current drawdown from 1-year high
- -2.3%
- Maximum drawdown, 3 years
- -25.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 1, 2021 | Sep 30, 2022 | -33.3% | 401 days | 145 days (May 1, 2023) |
| Dec 16, 2024 | Apr 8, 2025 | -25.5% | 76 days | 172 days (Dec 12, 2025) |
| Jul 31, 2023 | Oct 27, 2023 | -22.4% | 63 days | 234 days (Oct 3, 2024) |
| May 4, 2023 | Jun 20, 2023 | -15.8% | 31 days | 27 days (Jul 28, 2023) |
| Jan 6, 2021 | Jan 29, 2021 | -13.2% | 16 days | 14 days (Feb 19, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $9.80B
- P/E (TTM)
- 1,271.7
- EPS, diluted (TTM)
- $0.32
- Revenue (TTM)
- $1.15B
- 52-week range
- $207.90 – $438.93
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $821.4M | $887.4M | $1.03B | $1.04B | $1.15B |
| Gross profit | $315.7M | $335.1M | $407.5M | $280.9M | $320.1M |
| Operating income | $86.1M | $85.2M | $146.0M | $14.8M | $28.9M |
| Net income | $51.1M | $47.8M | $58.8M | -$22.4M | $7.8M |
| EPS (diluted) | $2.10 | $1.89 | $2.44 | -$0.93 | $0.32 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $53.3M | $357.8M | $424.2M | $204.0M | $39.5M | $403.4M | $432.2M | $278.7M |
| Net income | -$7.5M | $1.1M | -$14.2M | -$1.8M | -$8.8M | $8.2M | -$20.0M | $28.3M |
| EPS (diluted) | -$0.31 | $0.05 | -$0.59 | -$0.07 | -$0.37 | $0.34 | -$0.83 | $1.18 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $178.1M | $152.5M | $92.1M | $91.6M | $59.2M |
| Capital expenditure | -$932,000 | -$1.2M | -$1.5M | -$3.6M | -$1.4M |
| Free cash flow | $177.1M | $151.3M | $90.7M | $88.0M | $57.8M |
| Dividends paid | $0 | -$170.9M | -$701,000 | -$633,000 | -$472,000 |
| Net share buybacks | -$18.3M | -$75.1M | -$8.1M | -$11.8M | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $164.5M
- Total assets
- $1.54B
- Total liabilities
- $1.80B
- Total debt
- $1.14B
- Net debt
- $979.3M
- Shareholders’ equity
- -$263.3M
As of Jun 30, 2026 (filed Aug 13, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 14, 2022 | $7.00 | Oct 31, 2022 |
Short interest
- Shares sold short
- 1,636,830
- Days to cover
- 5.89
- Change vs previous report
- +18.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Apr 20, 2020
- 701-for-500