Seaport Res Ptn Forecasts Atlanta Braves Q1 Earnings

Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) – Seaport Res Ptn raised their Q1 2025 earnings per share (EPS) estimates for shares of Atlanta Braves in a research report issued to clients and investors on Wednesday, February 26th. Seaport Res Ptn analyst D. Joyce now anticipates that the financial services provider will earn ($0.94) per share for the quarter, up from their prior forecast of ($1.07). The consensus estimate for Atlanta Braves’ current full-year earnings is ($0.89) per share. Seaport Res Ptn also issued estimates for Atlanta Braves’ Q2 2025 earnings at $0.46 EPS, Q4 2025 earnings at ($0.35) EPS, FY2025 earnings at ($0.60) EPS and FY2026 earnings at ($0.34) EPS.

Separately, StockNews.com raised Atlanta Braves to a “sell” rating in a research report on Friday, February 28th.

Atlanta Braves Price Performance

Shares of NASDAQ:BATRK opened at $39.81 on Monday. The company’s 50-day moving average price is $38.63 and its two-hundred day moving average price is $39.88. Atlanta Braves has a one year low of $35.81 and a one year high of $44.42. The stock has a market capitalization of $2.02 billion, a PE ratio of -54.53 and a beta of 0.73.

Atlanta Braves (NASDAQ:BATRK) last announced its earnings results on Wednesday, February 26th. The financial services provider reported ($0.31) EPS for the quarter, topping the consensus estimate of ($0.69) by $0.38. The business had revenue of $52.12 million for the quarter, compared to analyst estimates of $48.20 million.

Institutional Trading of Atlanta Braves

Several institutional investors and hedge funds have recently bought and sold shares of the business. Aristeia Capital L.L.C. boosted its stake in shares of Atlanta Braves by 34.5% during the 4th quarter. Aristeia Capital L.L.C. now owns 2,414,362 shares of the financial services provider’s stock worth $92,373,000 after acquiring an additional 618,887 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in Atlanta Braves by 256.0% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,690,889 shares of the financial services provider’s stock valued at $64,694,000 after purchasing an additional 1,215,948 shares during the last quarter. Gamco Investors INC. ET AL boosted its position in Atlanta Braves by 1.5% during the fourth quarter. Gamco Investors INC. ET AL now owns 1,457,676 shares of the financial services provider’s stock worth $55,771,000 after purchasing an additional 21,659 shares during the period. Gabelli Funds LLC increased its holdings in shares of Atlanta Braves by 0.5% in the fourth quarter. Gabelli Funds LLC now owns 1,420,494 shares of the financial services provider’s stock valued at $54,348,000 after purchasing an additional 6,375 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Atlanta Braves by 5.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 817,798 shares of the financial services provider’s stock valued at $31,288,000 after purchasing an additional 40,827 shares during the period. Institutional investors own 64.88% of the company’s stock.

Insider Activity

In other Atlanta Braves news, major shareholder John C. Malone purchased 24,646 shares of Atlanta Braves stock in a transaction that occurred on Wednesday, January 29th. The stock was acquired at an average price of $41.94 per share, for a total transaction of $1,033,653.24. Following the completion of the acquisition, the insider now owns 211,358 shares of the company’s stock, valued at approximately $8,864,354.52. This trade represents a 13.20 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders purchased 44,932 shares of company stock valued at $1,864,395. 11.43% of the stock is owned by insiders.

About Atlanta Braves

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.