Madison Square Garden (NYSE:MSGS) Sets New 1-Year High – Here’s Why

Posted by Brenda Bartman on May 26th, 2026

The Madison Square Garden Company (NYSE:MSGS – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $368.88 and last traded at $364.83, with a volume of 12483 shares. The stock had previously closed at $353.87.

Analyst Ratings Changes

Several equities analysts recently weighed in on MSGS shares. Citigroup lifted their target price on Madison Square Garden from $355.00 to $360.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. JPMorgan Chase & Co. lifted their target price on Madison Square Garden from $240.00 to $305.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Guggenheim lifted their target price on Madison Square Garden from $401.00 to $422.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Seaport Research Partners upgraded Madison Square Garden from a “neutral” rating to a “buy” rating and set a $430.00 target price on the stock in a research report on Friday, April 10th. Finally, Weiss Ratings upgraded Madison Square Garden from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, March 27th. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $342.20.

Check Out Our Latest Analysis on Madison Square Garden

Madison Square Garden Stock Up 2.0%

The firm has a market cap of $8.70 billion, a PE ratio of -388.29 and a beta of 0.59. The firm’s fifty day simple moving average is $330.82 and its two-hundred day simple moving average is $288.41.

Madison Square Garden (NYSE:MSGS – Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The company reported ($0.83) EPS for the quarter, missing the consensus estimate of $0.56 by ($1.39). The firm had revenue of $432.20 million during the quarter, compared to analyst estimates of $429.66 million. During the same quarter last year, the firm earned ($0.59) EPS. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. As a group, analysts anticipate that The Madison Square Garden Company will post -0.5 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Madison Square Garden

Several large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in shares of Madison Square Garden by 11.8% in the third quarter. JPMorgan Chase & Co. now owns 117,905 shares of the company’s stock worth $26,764,000 after buying an additional 12,412 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Madison Square Garden by 30.6% in the third quarter. Envestnet Asset Management Inc. now owns 15,776 shares of the company’s stock worth $3,581,000 after buying an additional 3,700 shares in the last quarter. Gabelli Funds LLC lifted its holdings in shares of Madison Square Garden by 0.9% in the fourth quarter. Gabelli Funds LLC now owns 394,292 shares of the company’s stock worth $101,984,000 after buying an additional 3,607 shares in the last quarter. Citigroup Inc. lifted its holdings in shares of Madison Square Garden by 294.7% in the third quarter. Citigroup Inc. now owns 39,718 shares of the company’s stock worth $9,016,000 after buying an additional 29,656 shares in the last quarter. Finally, M&T Bank Corp lifted its holdings in shares of Madison Square Garden by 1,394.6% in the fourth quarter. M&T Bank Corp now owns 16,396 shares of the company’s stock worth $4,241,000 after buying an additional 15,299 shares in the last quarter. 68.94% of the stock is currently owned by hedge funds and other institutional investors.

Madison Square Garden Company Profile

(Get Free Report)

Madison Square Garden Sports Corp (NYSE: MSGS) is a leading sports and entertainment holding company focused on professional sports franchises and related media assets. The company owns and operates teams such as the NBA’s New York Knicks, the NHL’s New York Rangers and the WNBA’s New York Liberty. Through these flagship franchises, MSG Sports offers a range of products and services including ticketing, premium seating and sponsorship opportunities, targeting fans in the New York metropolitan area and beyond.

In addition to team operations, Madison Square Garden Sports Corp holds a majority stake in MSG Networks, a regional cable network that broadcasts live sporting events, news and original programming.