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Atlanta Braves Holdings, Inc. Series C Common Stock (BATRK)

Upturn stock ratingUpturn stock rating
$46.77
Last Close (24-hour delay)
Profit since last BUY16.9%
upturn advisory
Consider higher Upturn Star rating
BUY since 38 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: BATRK (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $55.4

1 Year Target Price $55.4

Analysts Price Target For last 52 week
$55.4Target price
Low$35.46
Current$46.77
high$47.03

Analysis of Past Performance

Type Stock
Historic Profit 7.88%
Avg. Invested days 44
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.97B USD
Price to earnings Ratio -
1Y Target Price 55.4
Price to earnings Ratio -
1Y Target Price 55.4
Volume (30-day avg) 4
Beta 0.76
52 Weeks Range 35.46 - 47.03
Updated Date 06/30/2025
52 Weeks Range 35.46 - 47.03
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.33

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -3.18%
Operating Margin (TTM) -94.16%

Management Effectiveness

Return on Assets (TTM) -1.13%
Return on Equity (TTM) -4.32%

Valuation

Trailing PE -
Forward PE 322.58
Enterprise Value 3532547371
Price to Sales(TTM) 4.41
Enterprise Value 3532547371
Price to Sales(TTM) 4.41
Enterprise Value to Revenue 5.25
Enterprise Value to EBITDA 53.13
Shares Outstanding 51297100
Shares Floating 55582627
Shares Outstanding 51297100
Shares Floating 55582627
Percent Insiders 10.88
Percent Institutions 89.68

Analyst Ratings

Rating 2
Target Price 55.4
Buy -
Strong Buy 3
Buy -
Strong Buy 3
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Atlanta Braves Holdings, Inc. Series C Common Stock

stock logo

Company Overview

overview logo History and Background

Atlanta Braves Holdings, Inc. Series C Common Stock (BATRC) represents a tracking stock related to the Atlanta Braves baseball team and its associated real estate development. The stock was created as part of a broader restructuring of Liberty Media Corporation, allowing for focused investment in the Braves franchise and its surrounding properties. It was founded and spun off in 2023.

business area logo Core Business Areas

  • Atlanta Braves: Professional baseball team participating in Major League Baseball (MLB). Generates revenue from ticket sales, media rights, sponsorships, and merchandise.
  • The Battery Atlanta: Mixed-use real estate development adjacent to Truist Park, including retail, dining, entertainment, and residential properties. Generates revenue from rent, concessions, and other related services.

leadership logo Leadership and Structure

The executive leadership team is composed of officials overseeing both the Atlanta Braves baseball franchise and the Battery Atlanta real estate development. The structure reflects Liberty Media's operational control while allowing investors to focus on the performance of the Braves-related assets.

Top Products and Market Share

overview logo Key Offerings

  • Atlanta Braves Tickets & Experiences: Revenue from ticket sales, premium seating, and in-game experiences. The Atlanta Braves are a major team in Major League Baseball, competing with other teams in the National League East. Competitors include the New York Mets, Philadelphia Phillies, Miami Marlins, and Washington Nationals. Attendance figures and ticket prices contribute significantly to revenue. Market share is determined by MLB rankings and attendance figures compared to other teams. In 2023 the Braves had one of the highest attendance records in MLB.
  • The Battery Atlanta Real Estate: Leasing of retail, restaurant, and office spaces within The Battery Atlanta. Competitors include other mixed-use developments in the Atlanta metropolitan area. Revenue is dependent on occupancy rates and lease agreements. The Battery is a successful mixed-use project anchored by Truist Park.
  • Media Rights & Sponsorships: Revenue from broadcast deals, licensing agreements and corporate sponsorships. Competitors include other MLB teams vying for national and local media exposure.

Market Dynamics

industry overview logo Industry Overview

The sports and entertainment industry is driven by consumer spending on live events, media consumption, and merchandise. Real estate development around sports venues has become a significant trend, creating integrated entertainment districts.

Positioning

Atlanta Braves Holdings benefits from owning a popular MLB franchise and a successful real estate development. This integrated model allows for synergistic revenue streams and a strong brand presence. The Braves are consistently among the top teams in MLB in terms of attendance and revenue.

Total Addressable Market (TAM)

The TAM for professional sports and related entertainment is substantial, potentially hundreds of billions of dollars, encompassing ticket sales, media rights, merchandise, and related spending. The Battery's TAM encompasses retail, dining, entertainment and living spaces which are also in the billions. BATRC aims to capture a significant share of this through its strong regional presence and brand recognition.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition of the Atlanta Braves
  • Integrated revenue streams from baseball and real estate
  • Successful mixed-use development in The Battery Atlanta
  • Loyal fan base and high attendance figures
  • Valuable media rights agreements

Weaknesses

  • Reliance on the performance of the baseball team
  • Seasonality of baseball revenue
  • Potential for economic downturn to impact real estate occupancy rates
  • Exposure to player injuries and related costs
  • Competition from other entertainment options

Opportunities

  • Expansion of The Battery Atlanta development
  • Increased media rights revenue through streaming and digital platforms
  • Growth in merchandise sales through online channels
  • Hosting major events and concerts at Truist Park
  • Strategic partnerships with other businesses

Threats

  • Decline in baseball attendance due to changing consumer preferences
  • Increased competition from other sports and entertainment options
  • Economic downturn impacting consumer spending
  • Labor disputes within Major League Baseball
  • Negative publicity from player conduct or team performance

Competitors and Market Share

competitor logo Key Competitors

  • MSG (MSGE)
  • MNSTK
  • FWONA

Competitive Landscape

BATRC's competitive advantage lies in its integrated model, owning both the baseball team and the adjacent real estate development. This creates synergistic revenue streams and a strong brand presence. Its disadvantages is the relative size and scope of its operations compared to media giants that owns or operate multiple sport teams.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is limited due to the recent creation of the tracking stock. Past growth is primarily relevant to tracking the Braves baseball team, which has had strong attendance, television viewership and franchise valuation growth.

Future Projections: Future growth will be driven by the continued success of the Atlanta Braves, expansion of The Battery Atlanta, and increased media rights revenue. Analyst projections would focus on these key drivers, including the market for sports-anchored real estate developments.

Recent Initiatives: Recent initiatives might include stadium upgrades, new retail tenants at The Battery Atlanta, and strategic partnerships to enhance fan engagement.

Summary

Atlanta Braves Holdings, Inc. Series C Common Stock offers investors a unique opportunity to participate in the financial performance of a major league baseball team and its associated real estate development. The integration of the baseball team and The Battery Atlanta creates a synergistic business model. Risks include the seasonality of baseball, economic downturns, and competition from other entertainment venues. Continued success will depend on the team's performance, successful management of The Battery Atlanta, and effective monetization of media rights.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • MLB Reports
  • Industry Reports
  • Financial News Outlets

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Data is based on publicly available information and estimates. The performance of BATRC is subject to market risks and company-specific factors.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Atlanta Braves Holdings, Inc. Series C Common Stock

Exchange NASDAQ
Headquaters Atlanta, GA, United States
IPO Launch date 2016-04-18
Chairman, President & CEO Mr. Terence Foster McGuirk
Sector Communication Services
Industry Entertainment
Full time employees 1450
Full time employees 1450

Atlanta Braves Holdings, Inc., through its subsidiary, Braves Holdings, LLC, owns and operates the Atlanta Braves Major League Baseball Club in the United States. It operates through Baseball and Mixed-Use Development segments. The company also operates the Braves' ballpark, Truist Park or the stadium located in Cobb County, a suburb of Atlanta. In addition, it is involved in the mixed-use development business, such as retail, office, hotel, and entertainment operations primarily within The Battery Atlanta. The company was incorporated in 2022 and is headquartered in Atlanta, Georgia.