Madison Square Garden (NYSE:MSGS) Hits New 1-Year High – Should You Buy?

Posted by George Bondi on Jun 15th, 2026

The Madison Square Garden Company (NYSE:MSGS – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $397.00 and last traded at $377.3750, with a volume of 1347 shares changing hands. The stock had previously closed at $384.68.

Analyst Ratings Changes

MSGS has been the topic of several research reports. Seaport Research Partners upped their price target on Madison Square Garden from $430.00 to $435.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Weiss Ratings raised Madison Square Garden from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, March 27th. Guggenheim upped their price target on Madison Square Garden from $422.00 to $470.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Wall Street Zen lowered Madison Square Garden from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Finally, Citigroup increased their target price on Madison Square Garden from $355.00 to $360.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Madison Square Garden currently has a consensus rating of “Hold” and a consensus price target of $356.80.

View Our Latest Stock Analysis on MSGS

Madison Square Garden Price Performance

The company has a market cap of $9.07 billion, a price-to-earnings ratio of -404.85 and a beta of 0.61. The stock has a 50-day moving average price of $349.12 and a 200 day moving average price of $304.47.

Madison Square Garden (NYSE:MSGS – Get Free Report) last released its quarterly earnings results on Friday, May 8th. The company reported ($0.83) EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($1.39). The firm had revenue of $432.20 million during the quarter, compared to the consensus estimate of $429.66 million. Madison Square Garden’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.59) earnings per share. Sell-side analysts expect that The Madison Square Garden Company will post -0.5 EPS for the current fiscal year.

Institutional Investors Weigh In On Madison Square Garden

A number of hedge funds have recently modified their holdings of the business. Glenmede Trust Co. NA acquired a new stake in shares of Madison Square Garden during the first quarter worth about $201,000. Argent Capital Management LLC raised its position in Madison Square Garden by 54.6% in the 1st quarter. Argent Capital Management LLC now owns 4,503 shares of the company’s stock valued at $1,447,000 after buying an additional 1,591 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in Madison Square Garden in the 1st quarter valued at approximately $7,110,000. Amundi acquired a new stake in Madison Square Garden in the 1st quarter valued at approximately $252,000. Finally, EverSource Wealth Advisors LLC raised its position in Madison Square Garden by 35.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 162 shares of the company’s stock valued at $52,000 after buying an additional 42 shares during the last quarter. Institutional investors and hedge funds own 68.94% of the company’s stock.

About Madison Square Garden

(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.