MSG Rangers Corp (NYSE:MSGR) Stock Short Interest Report for October

MSG Rangers Corp (NYSE:MSGR) saw a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 825,059 shares. Based on an average daily trading volume, of 123,090 shares, the short-interest ratio is currently 6.7 days. Approximately 8.4% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on MSGR shares. Zacks Research began coverage on MSG Rangers in a report on Tuesday, November 10th. They set a “hold” rating on the stock. Susquehanna initiated coverage on shares of MSG Rangers in a report on Wednesday, October 28th. They issued a “positive” rating and a $228.00 target price for the company. Wolfe Research initiated coverage on shares of MSG Rangers in a research report on Wednesday, November 4th. They issued an “outperform” rating on the stock. BTIG Research assumed coverage on shares of MSG Rangers in a research note on Thursday, October 29th. They set a “buy” rating and a $257.00 price target on the stock. Finally, Guggenheim initiated coverage on shares of MSG Rangers in a research report on Wednesday, October 28th. They set a “buy” rating and a $278.00 price objective for the company. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.33.

MSG Rangers Stock Performance

Shares of MSG Rangers stock traded up $11.18 on Friday, reaching $241.33. The company had a trading volume of 109,746 shares, compared to its average volume of 238,847. The stock has a market cap of $2.91 billion and a price-to-earnings ratio of -173.62. MSG Rangers has a 1 year low of $176.00 and a 1 year high of $249.35.

MSG Rangers (NYSE:MSGR) last released its quarterly earnings results on Friday, November 6th. The company reported ($1.39) earnings per share for the quarter. The company had revenue of $14.09 million during the quarter. Sell-side analysts predict that MSG Rangers will post -3.58 earnings per share for the current fiscal year.

MSG Rangers Company Profile

MSG Rangers Corp. is a professional sports company which owns and operates the New York Rangers as well as a development league team, the Hartford Wolf Pack. In addition, the Company operates a professional sports team performance center. MSG Rangers Corp. is based in NEW YORK.