Madison Square Garden Sports is a holding company. Through its subsidiaries, Co. is engaged in the sports business. Co. owns and operates a portfolio of assets, including the New York Knickerbockers (Knicks) of the National Basketball Association (NBA) and the New York Rangers (Rangers) of the National Hockey League. Both the Knicks and the Rangers play their home games in Madison Square Garden Arena. Co.'s other franchises include two development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. In addition, Co. owns Knicks Gaming, an esports franchise that competes in the NBA 2K League. The MSGS stock yearly return is shown above.
The yearly return on the MSGS stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the MSGS annual return calculation with any dividends reinvested as applicable (on ex-dates).
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