Streetbeat News

BATRK

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

40.01

Mkt cap

2.4B

Volume

191K

High

40.07

P/E Ratio

-54.71

52-wk high

44.42

Low

39.34

Div yield

N/A

52-wk low

36.74

Atlanta Braves Holdings (BATRK) reported Q3 earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.50 per share. This is an improvement from a loss of $0.10 per share a year ago.

Portfolio Pulse from

November 06, 2024 | 3:30 pm

The Minnesota Twins are up for sale, potentially impacting the valuation of other MLB teams, including the Atlanta Braves. Warren Buffett, through Berkshire Hathaway, holds a stake in the Braves, which could benefit if the Twins' sale boosts MLB team valuations.

Portfolio Pulse from Chris Katje

October 10, 2024 | 9:54 pm

Rosenblatt analyst Barton Crockett maintains a Buy rating on Atlanta Braves Holdings (NASDAQ:BATRK) but lowers the price target from $54 to $53.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:04 am

Liberty Braves Group (NASDAQ:BATRK) reported Q1 2024 earnings with a GAAP EPS of $(0.83), missing the $(0.62) estimate, but sales of $37.080M exceeded the $35.650M forecast. This represents a 10.75% decrease in losses per share and a 19.61% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:20 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

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

In Monday's pre-market session, several communication services stocks experienced significant movements. Grom Social Enterprises (GROM) saw a 23.2% increase, while Cardlytics (CDLX) rose by 22.53%. Other gainers included VS Media Holdings (VSME), Collective Audience (CAUD), AST SpaceMobile (ASTS), and Surgepays (SURG). On the losing side, Haoxi Health Technology (HAO), Gaxos.AI (GXAI), Atlanta Braves Holdings (BATRK), and Abits Group (ABTS) saw declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 1:06 pm

Philips (NYSE:PHG) shares fell 5.6% in pre-market trading after Q4 results and a consent decree with the FDA. Other stocks also moved lower: Nukkleus (NASDAQ:NUKK), Atlanta Braves Holdings (NASDAQ:BATRK), BrightSpring Health Services (NASDAQ:BTSG), GigaCloud Technology (NASDAQ:GCT), Revance Therapeutics (NASDAQ:RVNC), MorphoSys AG (NASDAQ:MOR), and Ryanair Holdings (NASDAQ:RYAAY) due to various company-specific news and recent performance.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 10:07 am

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

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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