MSG Networks (MSGN) Stock Price

MSG Networks Price

Delisted·Jul 9, 2021
14.17USD
Last traded price

Revenue at MSG Networks has contracted by 1.0% per year over the past 16 years to 685.80 M USD. Earnings per share have grown at 9.7% per year over the last 16 years. For MSG Networks, the net margin of 27.0% is up versus 1.2% a few years ago.

MSG Networks stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of MSG Networks over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how MSG Networks stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing MSG Networks's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

MSG Networks Stock Price History
DateMSG Networks Price
Access this data via the Eulerpool API

MSG Networks Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
696.70 M USD
313.20 M USD
288.90 M USD
Jan 1, 2019
720.80 M USD
309.90 M USD
186.20 M USD
Jan 1, 2020
685.80 M USD
295.00 M USD
185.20 M USD
Jan 1, 2021 (e)
667.31 M USD
0.00 USD
171.15 M USD
Jan 1, 2022 (e)
657.19 M USD
0.00 USD
114.10 M USD
Jan 1, 2023 (e)
630.15 M USD
0.00 USD
114.10 M USD
Jan 1, 2024 (e)
616.38 M USD
0.00 USD
114.10 M USD
Jan 1, 2025 (e)
601.05 M USD
0.00 USD
114.10 M USD

MSG Networks Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 24, 2026, 3:38 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
200920112012201320142015201620172018201920202021e2022e2023e2024e2025e
1.060.561.281.340.710.630.660.680.700.720.690.670.660.630.620.60
1.82-46.89127.664.36-46.72-11.624.282.583.113.45-4.86-2.63-1.50-4.11-2.22-2.44
35.7841.3144.3148.4363.7365.4559.4259.8558.1958.3358.8358.8358.8358.8358.8358.83
380.00233.00569.00649.00455.00413.00391.00404.00405.00420.00403.00392.41386.53370.64362.41353.58
45.0044.00177.00251.00234.00241.00275.00314.00313.00309.00295.00
4.247.8013.7918.7332.7738.1941.7946.5244.9742.9243.07
27.0027.00106.00142.00115.00254.007.00167.00288.00186.00185.00171.00114.00114.00114.00114.00
-775.00292.5933.96-19.01120.87-97.242,285.7172.46-35.42-0.54-7.57-33.33
75.6077.2077.5077.9078.2077.7075.5075.6075.8075.7063.5063.5063.5063.5063.5063.50
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales MSG Networks generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue MSG Networks retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare MSG Networks's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares MSG Networks has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against MSG Networks's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

MSG Networks stock margins

The MSG Networks margin analysis displays the gross margin, EBIT margin, as well as the profit margin of MSG Networks. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for MSG Networks.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2016
59.40 %
41.87 %
1.15 %
Jan 1, 2017
59.85 %
46.62 %
24.77 %
Jan 1, 2018
58.22 %
44.95 %
41.47 %
Jan 1, 2019
58.35 %
42.99 %
25.83 %
Jan 1, 2020
58.76 %
43.02 %
27.00 %
Jan 1, 2021 (e)
58.76 %
0.00 %
25.65 %
Jan 1, 2022 (e)
58.76 %
0.00 %
17.36 %
Jan 1, 2023 (e)
58.76 %
0.00 %
18.11 %

MSG Networks Stock Revenue, EBIT, Earnings per Share

The MSG Networks earnings per share therefore indicates how much revenue MSG Networks has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2016
8.72 USD
3.65 USD
0.10 USD
Jan 1, 2017
8.93 USD
4.17 USD
2.21 USD
Jan 1, 2018
9.19 USD
4.13 USD
3.81 USD
Jan 1, 2019
9.52 USD
4.09 USD
2.46 USD
Jan 1, 2020
10.80 USD
4.65 USD
2.92 USD
Jan 1, 2021 (e)
11.70 USD
0.00 USD
3.00 USD
Jan 1, 2022 (e)
11.52 USD
0.00 USD
2.00 USD
Jan 1, 2023 (e)
11.05 USD
0.00 USD
2.00 USD

MSG Networks business model & stock analysis

MSG Networks Inc. is an American company that offers a wide range of television and digital media products. The company was founded in the 1960s as the Madison Square Garden Corporation to operate the famous Madison Square Garden in New York City. Over the years, the company has expanded its activities in various areas and is now involved in different sectors. For example, under the umbrella of MSG Networks Inc., there is the Madison Square Garden stadium, the New York basketball team the New York Knicks, and the New York Rangers ice hockey team. Both teams are active in the National Basketball Association (NBA) and the National Hockey League (NHL). The business model of MSG Networks Inc. focuses on producing and broadcasting television shows and digital media products that focus on the organization's two teams. This includes live game broadcasts, as well as background stories, interviews, and analysis shows. The different sectors of the company work closely together to create a seamless and comprehensive experience for fans and viewers. Overall, MSG Networks Inc. is a leading company in the sports media industry and has a strong presence in the New York City region. In addition to the sports teams, MSG Networks also operates its own television channel, which airs content related to the New York Knicks and the New York Rangers. Furthermore, the company offers a wide range of digital media products, including entertainment apps, mobile applications, and online video streaming services. MSG Networks Inc. also has a sister company called MSG Entertainment, which focuses on concerts, live events, and other entertainment services. This includes theater performances, music concerts, and comedy shows. In recent years, MSG Networks Inc. has also expanded into the eSports industry by acquiring broadcasting rights to well-known gaming leagues and tournaments. This is part of the company's efforts to expand its reach and attract new audiences. Overall, MSG Networks Inc. is a versatile company that specializes in producing and broadcasting high-quality television and digital media products. Through its close collaboration with the New York Knicks, the New York Rangers, and other partners, the company has become an essential source for fans and viewers in the New York City region.

MSG Networks SWOT Analysis

Strengths

1. Leading Sports Media Company: MSG Networks Inc is a prominent sports media company, widely recognized for its extensive coverage and broadcasting of sports events.

2. Exclusive Rights: The company holds exclusive broadcasting rights for various professional sports teams in the New York metropolitan area, giving it a competitive advantage in terms of content.

3. Established Brand: MSG Networks Inc has built a strong and reputable brand over the years, trusted by sports enthusiasts and advertisers alike.

Weaknesses

1. Dependence on Sports Industry: The company's success heavily relies on the overall performance and popularity of the sports industry, making it vulnerable to any downturns or controversies in the sector.

2. Limited Geographical Reach: MSG Networks Inc primarily focuses on the New York market, limiting its potential for expansion and diversification compared to national sports media networks.

3. Reliance on Cable/Satellite Providers: The company's revenue model heavily depends on cable and satellite providers, which may face challenges in an era of cord-cutting and shifting consumer preferences towards streaming services.

Opportunities

1. Digital Expansion: MSG Networks Inc can invest in digital platforms and streaming services to reach a wider audience, capitalizing on the growing trend of online sports consumption.

2. Content Partnerships: The company can explore collaborations with major sports leagues and online platforms to expand its content offerings and tap into new markets.

3. International Expansion: MSG Networks Inc can consider expanding its broadcasting rights to international sports teams and leagues, opening up opportunities in global markets.

Threats

1. Increasing Competition: The sports media industry is highly competitive, with a multitude of national and digital platforms vying for viewership and advertising revenues.

2. Changing Consumer Behavior: Shifts in consumer preferences towards streaming services, on-demand content, and alternative sports media platforms pose a threat to MSG Networks Inc's traditional cable-based business model.

3. Economic Factors: Any economic downturn or financial instability can impact the advertising budgets of companies, potentially reducing their spending on sports media, including MSG Networks Inc.

MSG Networks Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

MSG Networks historical P/E ratio, EBIT multiple, and P/S ratio

MSG Networks annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

MSG Networks shares outstanding

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2016
75.50 M Stocks
Jan 1, 2017
75.60 M Stocks
Jan 1, 2018
75.80 M Stocks
Jan 1, 2019
75.70 M Stocks
Jan 1, 2020
63.50 M Stocks
Jan 1, 2021 (e)
63.50 M Stocks
Jan 1, 2022 (e)
63.50 M Stocks
Jan 1, 2023 (e)
63.50 M Stocks
Price targets and forecasts for MSG Networks are not yet available.

Frequently asked questions about MSG Networks

MSG Networks Inc has achieved several significant milestones throughout its history. These include being spun off from Madison Square Garden Company in 2015, becoming a standalone public company. It has also expanded its reach by launching MSG GO, a streaming service that allows fans to watch live games and programming on various devices. The company has secured exclusive broadcasting rights for major sports teams like the New York Knicks and New York Rangers. Additionally, MSG Networks Inc has consistently delivered strong financial performance, reinforcing its position as a leading provider of sports and entertainment content in the New York market.

All fundamentals and in-depth analysis of MSG Networks

Our stock analysis for MSG Networks stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MSG Networks. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.