Seaport Res Ptn Boosts Earnings Estimates for Atlanta Braves

Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) – Research analysts at Seaport Res Ptn increased their Q1 2025 EPS estimates for Atlanta Braves in a note issued to 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 ($0.98) 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, Benchmark reissued a “buy” rating and issued a $60.00 target price on shares of Atlanta Braves in a report on Thursday, February 27th.

Atlanta Braves Trading Down 0.9 %

NASDAQ:BATRA opened at $43.52 on Monday. The firm has a market capitalization of $2.69 billion, a P/E ratio of -59.62 and a beta of 0.80. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.70 and a quick ratio of 0.70. Atlanta Braves has a one year low of $38.90 and a one year high of $46.65. The company’s 50-day simple moving average is $41.98 and its 200 day simple moving average is $42.58.

Atlanta Braves (NASDAQ:BATRA) last issued its quarterly earnings results on Wednesday, February 26th. The financial services provider reported ($0.31) earnings per share for the quarter, topping the consensus estimate of ($0.78) by $0.47. The company had revenue of $52.12 million for the quarter, compared to analysts’ expectations of $48.20 million. Atlanta Braves had a negative return on equity of 8.48% and a negative net margin of 6.56%.

Insider Activity

In related news, major shareholder John C. Malone bought 5,094 shares of the stock in a transaction that occurred on Monday, January 27th. The shares were bought at an average cost of $41.94 per share, for a total transaction of $213,642.36. Following the completion of the transaction, the insider now owns 169,522 shares of the company’s stock, valued at approximately $7,109,752.68. This trade represents a 3.10 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders purchased 44,932 shares of company stock valued at $1,864,395 over the last three months. Insiders own 4.83% of the company’s stock.

Hedge Funds Weigh In On Atlanta Braves

Several large investors have recently made changes to their positions in BATRA. Proficio Capital Partners LLC bought a new stake in Atlanta Braves during the 4th quarter valued at approximately $901,000. Gamco Investors INC. ET AL boosted its position in shares of Atlanta Braves by 1.0% during the fourth quarter. Gamco Investors INC. ET AL now owns 2,261,191 shares of the financial services provider’s stock worth $92,257,000 after acquiring an additional 21,955 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Atlanta Braves by 69.0% during the fourth quarter. JPMorgan Chase & Co. now owns 49,972 shares of the financial services provider’s stock valued at $2,039,000 after acquiring an additional 20,399 shares in the last quarter. Renaissance Technologies LLC increased its holdings in Atlanta Braves by 7.7% in the 4th quarter. Renaissance Technologies LLC now owns 284,200 shares of the financial services provider’s stock valued at $11,595,000 after acquiring an additional 20,200 shares during the last quarter. Finally, Barclays PLC lifted its stake in Atlanta Braves by 376.1% in the 3rd quarter. Barclays PLC now owns 16,172 shares of the financial services provider’s stock worth $681,000 after purchasing an additional 12,775 shares in the last quarter. 12.31% of the stock is currently owned by hedge funds and other institutional investors.

Atlanta Braves Company Profile

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.