Seaport Res Ptn Lifts Earnings Estimates for Atlanta Braves

Atlanta Braves Holdings, Inc. (NASDAQ:BATRK - Free Report) - Equities researchers at Seaport Res Ptn increased their Q2 2025 earnings estimates for Atlanta Braves in a note issued to investors on Wednesday, November 6th. Seaport Res Ptn analyst D. Joyce now anticipates that the financial services provider will post earnings per share of $0.54 for the quarter, up from their prior estimate of $0.50. The consensus estimate for Atlanta Braves' current full-year earnings is ($0.44) per share.

Atlanta Braves (NASDAQ:BATRK - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The financial services provider reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.05. The company had revenue of $282.88 million for the quarter, compared to analyst estimates of $288.20 million. During the same period in the previous year, the business posted ($0.55) earnings per share.

Separately, Rosenblatt Securities decreased their price target on Atlanta Braves from $54.00 to $53.00 and set a "buy" rating on the stock in a research note on Wednesday, August 14th.

Atlanta Braves Price Performance

Shares of BATRK stock traded down $0.07 during mid-day trading on Friday, hitting $40.64. The stock had a trading volume of 359,846 shares, compared to its average volume of 229,373. The firm has a market cap of $2.06 billion, a PE ratio of -41.05 and a beta of 0.70. The company's 50-day simple moving average is $40.43 and its 200-day simple moving average is $40.49. Atlanta Braves has a fifty-two week low of $33.95 and a fifty-two week high of $44.42.

Institutional Investors Weigh In On Atlanta Braves

A number of large investors have recently bought and sold shares of the stock. Commerce Bank raised its stake in Atlanta Braves by 80.3% in the 3rd quarter. Commerce Bank now owns 15,982 shares of the financial services provider's stock valued at $636,000 after purchasing an additional 7,118 shares during the last quarter. Quest Partners LLC grew its holdings in shares of Atlanta Braves by 28,820.0% during the third quarter. Quest Partners LLC now owns 4,338 shares of the financial services provider's stock worth $173,000 after buying an additional 4,323 shares in the last quarter. Entropy Technologies LP acquired a new position in shares of Atlanta Braves in the third quarter valued at approximately $300,000. Harbor Capital Advisors Inc. lifted its stake in shares of Atlanta Braves by 76.9% during the third quarter. Harbor Capital Advisors Inc. now owns 315,424 shares of the financial services provider's stock valued at $12,554,000 after buying an additional 137,124 shares during the period. Finally, Diversify Advisory Services LLC boosted its position in Atlanta Braves by 3.4% during the third quarter. Diversify Advisory Services LLC now owns 15,052 shares of the financial services provider's stock worth $607,000 after acquiring an additional 489 shares during the last quarter. Institutional investors and hedge funds own 64.88% of the company's stock.

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.