Type
|
Public |
---|---|
Traded as | NASDAQ: MSG |
Industry | Sports and entertainment |
Founded | 2010; 2015 (spin-off Madison Square Network) |
Founder | James L. Dolan |
Headquarters | New York City, New York, U.S. |
Key people
|
James L. Dolan (Executive Chairman) Gregg Seibert (Vice Chairman) David O'Connor (President and CEO) |
Revenue | $1.120 billion (2016) |
Operating income
|
$316.79 million (2016) |
Total assets | $9.384 billion (2008) |
Owner | Dolan family |
Subsidiaries |
|
Website | Official website |
The Madison Square Garden Company is an American sports and entertainment holding company based in New York City. The company was established in 2010 when Cablevision spun off the New York Knicks, New York Rangers, Madison Square Garden, MSG Network and other entertainment assets as an independent, publicly traded company.
In addition to owning the Madison Square Garden arena in Manhattan, New York City, The Madison Square Garden Company is divided into two entities.
Madison Square Garden, L.P. used to operate the Hartford Civic Center (now the XL Center), an indoor arena in Hartford, Connecticut, and Rentschler Field (now the name of the playing surface at Pratt & Whitney Stadium), a stadium in East Hartford, under contract with the state of Connecticut until the 2007 season when it was replaced by Northland/Anschutz Entertainment Group.
From its inception in 1927, the Graham-Paige Motors Corporation was a big player in the automobile business but, by 1945, the impact of the Depression and World War II left the company all but out of the car business. In 1947, the Graham Paige decided to sell all of its automotive assets, change the corporate name to Graham Paige Corporation and to start investing in real estate. In 1959, one of those investments was to buy a 40% interest in the Madison Square Garden III. By 1962, Graham Paige had a controlling interest in the Madison Square Garden Corporation and decided to merge the assets of the two corporations into a new Madison Square Garden Corporation which then began planning to replace the aging arena. In 1977, Gulf and Western Industries bought the company. Gulf and Western shed its non-media and entertainment assets, became Paramount Communications (owner of Paramount Pictures) in 1989. In 1994, Viacom purchased majority ownership of Paramount Communications, but quickly sold MSG to Cablevision.
In February 2010, Cablevision spun off the MSG properties, including the sports franchises, into The Madison Square Garden Company. On September 30, 2015, the MSG Networks division, which operates the company's media assets (including MSG Network) was spun off into a separate company, leaving MSG with its live entertainment and sports assets.
On August 17, 2016, MSG acquired a 12% stake in digital media, broadcasting, and events company Townsquare Media from GE Capital.
On July 31, 2017, MSG acquired a controlling stake in professional video gaming team Counter Logic Gaming.
2016-06-02 | Reiterated Rating | Albert Fried & Company | Hold | $170.00 |
2016-05-04 | Initiated Coverage | FBN Securities | Outperform | $240.77 |
2016-05-02 | Reiterated Rating | Albert Fried & Company | Market Perform | |
2016-04-01 | Reiterated Rating | Pacific Crest | Equal Weight | |
2016-03-09 | Initiated Coverage | Credit Agricole | Underperform | |
2016-03-09 | Initiated Coverage | Credit Agricole SA | Underperform | |
2016-02-04 | Reiterated Rating | Albert Fried & Company | Market Perform | $200.00 |
2016-01-19 | Downgrade | Stifel Nicolaus | Hold to Sell | |
2015-12-11 | Initiated Coverage | Guggenheim | Buy | $190.00 |
2015-11-26 | Boost Price Target | Miller Tabak | Neutral | $37.00 to $40.00 |
2015-11-11 | Reiterated Rating | Albert Fried & Company | Market Perform | $200.00 |
2015-11-03 | Downgrade | Albert Fried & Company | Overweight to Market Perform | $200.00 |
2015-11-02 | Initiated Coverage | Macquarie | Neutral | |
2015-10-30 | Initiated Coverage | Topeka Capital Markets | Buy | |
2015-10-23 | Downgrade | Morgan Stanley | Outperform to Equal Weight | $21.00 |
2015-10-22 | Initiated Coverage | Morgan Stanley | Equal to Equal Weight | $185.00 |
2015-10-12 | Initiated Coverage | Albert Fried & Company | Overweight | $200.00 |
2015-10-07 | Initiated Coverage | Cantor Fitzgerald | Buy | |
2015-10-02 | Initiated Coverage | BTIG Research | Buy | |
2015-10-01 | Initiated Coverage | JPMorgan Chase & Co. | Overweight | |
2015-10-01 | Upgrade | Jefferies Group | Hold to Buy | |
2015-09-30 | Upgrade | Stifel Nicolaus | Hold to Buy | $190.00 |
2015-09-30 | Reiterated Rating | Albert Fried & Company | Buy | $28.00 |
2015-09-22 | Initiated Coverage | Gabelli | $30.00 | |
2015-09-16 | Downgrade | Stifel Nicolaus | Buy to Hold | $80.00 |
2015-09-15 | Upgrade | Evercore ISI | Hold to Buy | $86.00 to $95.00 |
2015-08-26 | Reiterated Rating | Albert Fried & Company | Buy | $100.00 |
2015-08-21 | Lower Price Target | Macquarie | Outperform | $100.00 to $90.00 |
2015-07-28 | Reiterated Rating | Stifel Nicolaus | Buy | $100.00 |
2015-07-27 | Reiterated Rating | BTIG Research | Buy | $110.00 |
2015-05-19 | Set Price Target | Morgan Stanley | Buy | $94.00 |
2015-05-04 | Upgrade | Macquarie | Neutral to Outperform | |
2015-05-04 | Upgrade | Stifel Nicolaus | Hold to Buy | $100.00 to $100.00 |
2015-03-31 | Upgrade | Albert Fried & Company | Overweight | $120.00 |
2015-03-31 | Set Price Target | Jefferies Group | Hold | $85.00 |
2015-03-30 | Boost Price Target | Maxim Group | Buy | $85.00 to $92.00 |
2015-03-30 | Upgrade | Morgan Stanley | Equal Weight to Overweight | $77.00 to $94.00 |
2015-03-30 | Upgrade | Topeka Capital Markets | Hold to Buy | $73.00 to $97.00 |
2015-03-26 | Reiterated Rating | Evercore Partners Inc. | Buy to Hold | $82.00 to $86.00 |
2015-03-26 | Downgrade | Evercore ISI | Buy to Hold | |
2015-03-13 | Initiated Coverage | BTIG Research | Buy | $110.00 |
2015-02-06 | Boost Price Target | Topeka Capital Markets | Hold | $68.00 to $73.00 |
2015-01-28 | Initiated Coverage | Jefferies Group | Hold | $85.00 |
2014-11-13 | Downgrade | Morgan Stanley | Overweight to Equal Weight | $80.00 to $70.00 |
2014-11-03 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $70.00 to $75.00 |
2014-10-31 | Boost Price Target | Topeka Capital Markets | Hold | $65.00 to $68.00 |
2014-10-28 | Upgrade | Maxim Group | Hold to Buy | $85.00 |
2014-10-28 | Upgrade | Evercore ISI | Hold to Buy | $66.00 to $74.00 |
2014-10-02 | Initiated Coverage | JPMorgan Chase & Co. | Neutral | $26.50 to $70.00 |
2014-09-26 | Boost Price Target | Topeka Capital Markets | Hold | $63.00 to $65.00 |
2014-08-22 | Downgrade | Evercore ISI | Buy to Neutral | $66.00 |
2014-08-21 | Reiterated Rating | Macquarie | Neutral | $61.00 to $64.00 |
2014-08-21 | Downgrade | Stifel Nicolaus | Buy to Hold | $60.00 to $65.00 |
2014-08-14 | Downgrade | Topeka Capital Markets | Buy to Hold | $67.00 to $63.00 |
2014-07-21 | Downgrade | Morgan Stanley | Outperform to Neutral | $61.00 |
2014-07-21 | Downgrade | Macquarie | Outperform to Neutral | $61.00 |
2014-07-16 | Boost Price Target | Morgan Stanley | Overweight | $62.00 to $65.00 |
2014-05-16 | Reiterated Rating | Morgan Stanley | Overweight | $65.00 to $62.00 |
2014-05-05 | Lower Price Target | Macquarie | $67.00 to $61.00 | |
2014-05-02 | Downgrade | Maxim Group | Buy to Hold | |
2014-03-21 | Boost Price Target | Albert Fried & Company | $77.00 to $85.00 | |
2014-03-04 | Downgrade | Needham & Company LLC | Buy to Hold | $70.00 |
2014-02-05 | Boost Price Target | Maxim Group | Buy | $70.00 to $75.00 |
2014-02-04 | Initiated Coverage | Topeka Capital Markets | Buy | |
2013-10-24 | Initiated Coverage | Guggenheim | Buy | |
2013-06-19 | Reiterated | Needham | Buy | $66 to $70 |
2013-05-06 | Reiterated | B. Riley & Co. | Buy | $67 to $71 |
2013-03-28 | Initiated | B. Riley Caris | Buy | $67 |
2013-02-07 | Reiterated | Maxim Group | Buy | $52 to $70 |
2013-01-14 | Reiterated | Needham | Buy | $44 to $55 |
2012-11-05 | Upgrade | Maxim Group | Hold to Buy | |
2012-02-21 | Reiterated | Stifel Nicolaus | Hold | $32 to $35 |
2011-12-19 | Initiated | Needham | Buy | $37 |
2011-11-29 | Reiterated | Maxim Group | Buy | $32 to $36 |
2011-04-20 | Downgrade | Maxim Group | Buy to Hold | |
2011-03-04 | Downgrade | Miller Tabak | Buy to Hold | |
2010-12-01 | Initiated | Maxim Group | Buy | $29 |
2010-03-04 | Initiated | UBS | Neutral |
2016-06-02 | Reiterated Rating | Albert Fried & Company | Hold | $170.00 |
2016-05-04 | Initiated Coverage | FBN Securities | Outperform | $240.77 |
2016-05-02 | Reiterated Rating | Albert Fried & Company | Market Perform | |
2016-04-01 | Reiterated Rating | Pacific Crest | Equal Weight | |
2016-03-09 | Initiated Coverage | Credit Agricole | Underperform |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In MSG 209 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Silver Lake Group, L.L.C. | 1.90M |
Vanguard Group, Inc | 1.56M |
ARIEL INVESTMENTS, LLC | 1.06M |
SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | 0.82M |
Clearbridge Investments, LLC | 0.80M |
BlackRock Inc. | 0.75M |
GAMCO INVESTORS, INC. ET AL | 0.62M |
BILL & MELINDA GATES FOUNDATION TRUST | 0.59M |
PRICE T ROWE ASSOCIATES INC /MD/ | 0.52M |
BlackRock Institutional Trust Company, N.A. | 0.47M |
GABELLI FUNDS LLC | 0.41M |
JANUS CAPITAL MANAGEMENT LLC | 0.41M |
MARSHALL WACE ASIA Ltd | 0.36M |
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC | 0.36M |
SHAPIRO CAPITAL MANAGEMENT LLC | 0.31M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
RATNER HANK President & CEO | 1.22% (774081) | MSG / |
DOLAN JAMES LAWRENCE Executive Chairman | 0.52% (332733) | AMCX / CVC / MSG / |
DOLAN CHARLES F Member of 13(d) Group | 0.13% (82228) | AMCX / CVC / MSG / |
GREENBERG ANDREA President and CEO | 0.09% (56985) | MSG / |
Burian Lawrence J. EVP, GC & Secretary | 0.07% (41623) | MSG / |
HILDENBRAND WILTON J. JR. | 0.05% (33542) | MSG / |
Smith, Jr. Thomas S. President & CEO | 0.05% (32949) | BID / MSG / |
RICHTER BRET EVP and CFO | 0.04% (28417) | MSG / |
Pollichino Robert M Executive Vice President & CFO | 0.04% (27922) | MSG / |
Sweeney Brian | 0.04% (27057) | AMCX / CVC / MSG / |
DOLAN-SWEENEY DEBORAH A Member of 13D Group | 0.03% (20618) | CVC / MSG / |
Yospe Joseph F SVP, Controller & PAO | 0.03% (20469) | MSG / |
Lynn Robert J. SVP, Treasury & Investor Relat | 0.02% (14223) | MSG / |
PELTZ NELSON | 0.02% (12800) | LM / MDLZ / MSG / SYY / WEN / |
WEBER MARIANNE DOLAN Member of 13(d) Group | 0.01% (9191) | AMCX / CVC / MSG / |
DARINO-GORSKI DAWN SVP, Controller & PAO | 0.01% (7475) | MSG / |
DOLAN PATRICK FRANCIS Member of 13D Group | 0.01% (5728) | AMCX / CVC / MSG / |