Seaport Res Ptn Expects Stronger Earnings for Atlanta Braves

Atlanta Braves Holdings, Inc. (NASDAQ:BATRA - Free Report) - Equities researchers at Seaport Res Ptn lifted their Q2 2025 earnings per share estimates for shares of Atlanta Braves in a research 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 previous estimate of $0.50. The consensus estimate for Atlanta Braves' current full-year earnings is ($0.39) per share.

Atlanta Braves Trading Down 0.3 %

Shares of NASDAQ:BATRA traded down $0.13 during trading on Friday, reaching $42.89. 45,904 shares of the stock were exchanged, compared to its average volume of 31,834. The firm's 50-day moving average price is $43.04 and its 200 day moving average price is $42.95. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of -43.32 and a beta of 0.85. Atlanta Braves has a 12-month low of $36.78 and a 12-month high of $46.65. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.64 and a current ratio of 0.64.

Atlanta Braves (NASDAQ:BATRA - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The financial services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.32 by $0.14. The company had revenue of $282.88 million during the quarter, compared to analyst estimates of $288.20 million. Atlanta Braves had a negative return on equity of 11.36% and a negative net margin of 9.18%. During the same period in the prior year, the firm posted ($0.55) earnings per share.

Institutional Trading of Atlanta Braves

Institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC boosted its holdings in Atlanta Braves by 7.9% in the 2nd quarter. Renaissance Technologies LLC now owns 232,900 shares of the financial services provider's stock worth $9,626,000 after acquiring an additional 17,000 shares during the period. Aurora Investment Counsel raised its stake in shares of Atlanta Braves by 12.1% during the second quarter. Aurora Investment Counsel now owns 45,723 shares of the financial services provider's stock valued at $1,890,000 after purchasing an additional 4,945 shares during the period. Alden Global Capital LLC acquired a new position in shares of Atlanta Braves during the second quarter worth $1,301,000. GAMMA Investing LLC boosted its stake in shares of Atlanta Braves by 5,336.8% in the third quarter. GAMMA Investing LLC now owns 1,033 shares of the financial services provider's stock valued at $44,000 after purchasing an additional 1,014 shares during the period. Finally, MRP Capital Investments LLC grew its holdings in Atlanta Braves by 67.5% during the 2nd quarter. MRP Capital Investments LLC now owns 40,075 shares of the financial services provider's stock valued at $1,656,000 after purchasing an additional 16,150 shares in the last quarter. 12.31% of the stock is owned by hedge funds and other institutional investors.

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.