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BATRA

The Liberty Braves Group

https://www.libertymedia.com/companies/braves-group.html

Industry

Entertainment

The Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club, various assets and liabilities associated with ANLBC's stadium, and mixed-use development project. The company is based in Englewood, Colorado. The Liberty Braves Group is a subsidiary of Liberty Media Corporation.

Open

41.69

Mkt cap

2.5B

Volume

35K

High

42.24

P/E Ratio

-58.65

52-wk high

46.65

Low

41.69

Div yield

N/A

52-wk low

39.59

Liberty Braves Group (BATRA) reported a Q1 2024 GAAP EPS of $(0.83) and sales of $37.080M, missing the analyst consensus estimate of $40.500M by 8.44%. Despite the miss, this represents a 19.72% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:33 pm

The Atlanta Braves, a publicly traded sports team, are considered a betting favorite for the 2024 MLB season. Their parent company, Atlanta Braves Holdings Inc, is valued at $3.4 billion, indicating potential undervaluation. Warren Buffett's Berkshire Hathaway holds shares in the Braves, highlighting its value investment appeal. The Braves are favored to win the NL East and are a top pick for the World Series, with DraftKings Inc offering odds on their success.

Portfolio Pulse from Chris Katje

April 01, 2024 | 1:28 pm

Liberty Braves Group (NASDAQ:BATRA) reported a Q4 2023 GAAP EPS of $(0.52) with baseball revenue at $52.9M and total revenue at $71.26M, surpassing analyst expectations by 25.02% and marking a 34.45% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 1:21 pm

The article lists companies scheduled to report their earnings on February 28, 2024, including their expected earnings per share and revenue. It covers a wide range of sectors and provides a comprehensive overview of the financial performance expectations for these companies.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 11:24 am

The New York Yankees acquired MLB superstar Juan Soto from the San Diego Padres, improving their odds for the 2024 World Series. Soto's impressive stats and history, including a World Series win and high MVP voting placements, bolster the Yankees' lineup. The trade has led to improved betting odds for the Yankees across various sportsbooks, including DraftKings, FanDuel, and BetMGM, with the team now among the top three favorites to win the World Series.

Portfolio Pulse from Chris Katje

December 07, 2023 | 4:22 pm

Warren Buffett's Berkshire Hathaway Inc. disclosed a new position in Atlanta Braves Holdings Inc, owning 223,645 shares valued at around $8 million. The stake was acquired through a distribution to shareholders of Liberty Formula One Group, an existing Berkshire portfolio company. The Braves, a publicly traded MLB team, have a strong performance record and are favorites to win the 2024 World Series. Buffett, a baseball fan, has previously owned a stake in the Omaha Storm Chasers and has been interested in other MLB teams.

Portfolio Pulse from Chris Katje

November 16, 2023 | 8:27 pm

In Q3, Berkshire Hathaway, led by Warren Buffett, made several adjustments to its portfolio. It maintained its largest holding in Apple but trimmed its Chevron stake by 10.45%. Berkshire sold all its shares in GM, Celanese, Johnson & Johnson, Procter & Gamble, and UPS. New additions included Atlanta Braves Holdings and Sirius XM, while stakes in HP and Amazon were reduced. Core holdings in Bank of America, American Express, Coca-Cola, and Occidental Petroleum remained unchanged, as did positions in Lennar, D.R. Horton, Capital One, Mastercard, Visa, Snowflake, VeriSign, Kroger, Mondelez, and ETFs SPDR S&P 500 and Vanguard 500 Index Fund.

Portfolio Pulse from Shanthi Rexaline

November 15, 2023 | 7:47 am

In Tuesday's pre-market session, several communication services stocks saw significant movement. Mobiquity Technologies, Lytus Technologies Hldgs, Vimeo, TripAdvisor, VS Media Holdings, and Vivid Seats saw gains, while Motorsport Games, Gaia, Stran & Co, System1, Gogo, and Atlanta Braves Holdings experienced losses. Q3 earnings were recently released for several of these companies.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 1:06 pm

Atlanta Braves has announced the pricing of its secondary public offering of 1,811,066 Series C common stock.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 7:28 am

Atlanta Braves Holdings, Inc. (NASDAQ:BATRA, BATRK) has announced a secondary public offering of 1,811,066 shares of its Series C common stock currently held by Liberty Media Corporation. Liberty Media plans to exchange the shares for its own indebtedness held by an affiliate of J.P. Morgan Securities LLC, who will then sell the shares to the underwriter in the offering. Atlanta Braves Holdings is not selling any shares and will not receive any proceeds from the sale.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:50 pm

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