Last $59.83 USD
Change Today -0.51 / -0.85%
Volume 470.4K
MSG On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 07/30/14 All times are local (Market data is delayed by at least 15 minutes).

madison square garden co-a (MSG) Snapshot

Open
$60.32
Previous Close
$60.34
Day High
$60.79
Day Low
$59.68
52 Week High
07/1/14 - $62.84
52 Week Low
05/8/14 - $48.16
Market Cap
4.6B
Average Volume 10 Days
481.0K
EPS TTM
$1.83
Shares Outstanding
63.6M
EX-Date
--
P/E TM
32.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for MADISON SQUARE GARDEN CO-A (MSG)

madison square garden co-a (MSG) Details

The Madison Square Garden Company is engaged in sports, entertainment, and media businesses in the United States. It operates through three segments: MSG Media, MSG Entertainment, and MSG Sports. The MSG Media segment produces and develops content for various distribution platforms, including content originating from its venues. This segment consists of MSG Networks, its regional sports networks; and Fuse, a national television network dedicated to music. It also manages interactive Web sites, social networking sites, and mobile applications for its properties. The MSG Entertainment segment presents or hosts live entertainment events, such as concerts, family shows, performing arts, and special events in its venues, as well as creates, produces, and/or presents live productions. The MSG Sports segment owns and operates sports franchises, including New York Knicks, New York Rangers, New York Liberty, and Hartford Wolf Pack. This segment also promotes, produces, and/or presents an array of live sporting events at its venues, such as professional boxing, tennis, college basketball, professional bull riding, wrestling, gymnastics, and track and field meets, as well as the NFL Draft. The Madison Square Garden Company was founded in 1874 and is based in New York, New York.

1,516 Employees
Last Reported Date: 08/21/13
Founded in 1874

madison square garden co-a (MSG) Top Compensated Officers

Executive Chairman
Total Annual Compensation: $545.2K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $761.1K
Executive Vice President, General Counsel and...
Total Annual Compensation: $668.7K
Principal Accounting Officer, Senior Vice Pre...
Total Annual Compensation: $432.0K
Compensation as of Fiscal Year 2013.

madison square garden co-a (MSG) Key Developments

The Madison Square Garden Company Not In Compliance With NASDAQ Listing Rules

On May 9, 2014, The Madison Square Garden Company announced that Richard D. Parsons resigned as a member of the Board of Directors of the Company in connection with his decision to serve as the interim Chief Executive Officer of the Los Angeles Clippers. As a result of his resignation, the Audit Committee of the Board of Directors of the Company was reduced to two independent directors. NASDAQ Listing Rule 5605 requires three independent directors on the Audit Committee. Accordingly, the Board of Directors of the Company intends to add one or more independent directors to the Board and the Audit Committee in the near term. In the interim, the Company will rely on the grace period provided by NASDAQ Listing Rule 5605(c)(4). By letter dated May 14, 2014, NASDAQ confirmed to the Company that, in accordance with the grace period, the Company will have until November 5, 2014 to bring itself back into compliance with Rule 5605.

the Madison Square Garden Company Announces the Resignation of Richard D. Parsons as Member of the Board of Directors

On May 9, 2014, Richard D. Parsons resigned as a member of the Board of Directors of The Madison Square Garden Company in connection with his decision to serve as the interim Chief Executive Officer of the Los Angeles Clippers.

MSG Sports Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended March 31, 2014

MSG Sports reported unaudited earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, the company’s revenue was $233,739,000 against $208,080,000 for the same period in the last year. The increase in Revenue was primarily due to higher event-related revenues from other live sporting events, professional sports team regular season ticket-related revenue, professional sports team sponsorship and signage revenues, inter-segment broadcast rights fees and suite rental fee revenue. Adjusted operating cash flow (AOCF) was $9,846,000 against $11,649,000 for the same period in the last year. Operating loss was $5,872,000 against $8,143,000 for the same period in the last year. AOCF and operating loss was decreased, primarily due to an increase in direct operating expenses and, to a lesser extent, higher selling, general and administrative expenses, largely offset by the increase in revenues. For the nine months, the company’s revenue was $455,293,000 against $329,547,000 for the same period in the last year. Adjusted operating cash flow was $13,871,000 against negative adjusted operating cash flow of $1,374,000 for the same period in the last year. Operating income was $2,551,000 against operating loss of $12,279,000 for the same period in the last year.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MSG:US $59.83 USD -0.51

MSG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for MSG.
View Industry Companies
 

Industry Analysis

MSG

Industry Average

Valuation MSG Industry Range
Price/Earnings 33.7x
Price/Sales 3.1x
Price/Book 2.9x
Price/Cash Flow 19.3x
TEV/Sales 3.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MADISON SQUARE GARDEN CO-A, please visit www.thegarden.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.