Atlanta Braves Holdings, Inc. (BATRA)Communication Services | Entertainment | Atlanta, United States | NasdaqGS
55.09 USD
-2.59
(-4.490%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
After hours: 55.09 |
Hot Take ↕ | Oct. 10, 2026, 4:33 a.m. EDT
The Atlanta Braves franchise is trapped in a fundamental value trap despite its iconic brand. The company is actively losing money, posting negative operating margins and burning cash, while revenue has contracted due to fewer home games. The balance sheet is precarious, carrying nearly $900 million in debt against only $116 million in cash, resulting in a dangerously low current ratio of 0.49. This financial fragility explains the overwhelming options activity focused on downside protection; traders are betting on further declines rather than a recovery. Although the stock has rallied roughly 145% over the last nine years, this was driven by a massive one-time spin-off event, not sustainable organic growth. With no dividend to provide income and a deteriorating operational reality, the investment case remains weak until the debt load is managed and profitability is restored. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.021066 |
| AutoARIMA | 0.028007 |
| AutoETS | 0.028008 |
| MSTL | 0.028465 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 63% |
| H-stat | 1.21 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.620 |
| Excess Kurtosis | -0.70 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Ex Dividend Date | 2022-02-09 |
| Debt to Equity Ratio | 170.267 |
| Revenue per Share | 11.817 |
| Market Cap | 3,535,009,280 |
| Forward P/E | -119.76 |
| Beta | 0.83 |
| Profit Margins | -8.56% |
| Previous Name | The Liberty Braves Group |
| Website | https://www.bravesholdings.com |
As of Oct. 10, 2026, 4:33 a.m. EDT: Speculators are positioning for a range-bound outcome with a distinct skew toward downside protection. Put open interest significantly exceeds call open interest across all expirations, particularly in the November and February 2027 windows where out-of-the-money puts dominate. While there is some call activity at the $60 strike, the heavy concentration of put volume at lower strikes ($50-$55) suggests a fear of a deeper correction rather than a bullish breakout.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.34139538 |
| Address1 | Truist Park |
| Address2 | 755 Battery Avenue SE |
| All Time High | 60.48 |
| All Time Low | 13.127306 |
| Ask | 73.66 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 40,180 |
| Average Daily Volume3 Month | 63,504 |
| Average Volume | 63,504 |
| Average Volume10Days | 40,180 |
| Beta | 0.833 |
| Bid | 41.45 |
| Bid Size | 2 |
| Book Value | 8.015 |
| City | Atlanta |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 55.09 |
| Current Ratio | 0.491 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 57.57 |
| Day Low | 55.01 |
| Debt To Equity | 170.267 |
| Display Name | Atlanta Braves |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,785,938,400 |
| Earnings Call Timestamp Start | 1,785,938,400 |
| Earnings Timestamp | 1,785,933,000 |
| Earnings Timestamp End | 1,793,795,400 |
| Earnings Timestamp Start | 1,793,795,400 |
| Ebitda | 39,762,000 |
| Ebitda Margins | 0.05302 |
| Enterprise To Ebitda | 108.842 |
| Enterprise To Revenue | 5.771 |
| Enterprise Value | 4,327,781,376 |
| Eps Forward | -0.46 |
| Eps Trailing Twelve Months | -1.0 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,644,451,200 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 56.4611 |
| Fifty Day Average Change | -1.3711014 |
| Fifty Day Average Change Percent | -0.024284 |
| Fifty Two Week Change Percent | 34.139538 |
| Fifty Two Week High | 60.48 |
| Fifty Two Week High Change | -5.3899994 |
| Fifty Two Week High Change Percent | -0.08912036 |
| Fifty Two Week Low | 41.5 |
| Fifty Two Week Low Change | 13.59 |
| Fifty Two Week Low Change Percent | 0.3274699 |
| Fifty Two Week Range | 41.5 - 60.48 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,460,986,200,000 |
| Float Shares | 58,386,369 |
| Forward Eps | -0.46 |
| Forward P E | -119.760864 |
| Free Cashflow | -19,994,876 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 1,610 |
| Fullday Change | -2.5900002 |
| Fullday Change Percent | -4.490291 |
| Fullday Price | 55.09 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.24903 |
| Gross Profits | 186,760,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.05409 |
| Held Percent Institutions | 0.76769996 |
| Implied Shares Outstanding | 64,167,897 |
| Industry | Entertainment |
| Industry Disp | Entertainment |
| Industry Key | entertainment |
| Ipo Expected Date | 2,023-07-19 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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 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. |
| Long Name | Atlanta Braves Holdings, Inc. |
| Market | us_market |
| Market Cap | 3,535,009,280 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_331717750 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-15 |
| Net Income To Common | -64,187,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,498,691,917 |
| Open | 57.32 |
| Operating Cashflow | -64,051,000 |
| Operating Margins | -0.06077 |
| Payout Ratio | 0.0 |
| Phone | 404 614 2300 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 55.09 |
| Post Market Time | 1,792,008,026 |
| Prev Name | The Liberty Braves Group |
| Previous Close | 57.68 |
| Price Hint | 2 |
| Price To Book | 6.873362 |
| Price To Sales Trailing12 Months | 4.7135534 |
| Profit Margins | -0.08559 |
| Quick Ratio | 0.347 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -2.59 |
| Regular Market Change Percent | -4.49029 |
| Regular Market Day High | 57.57 |
| Regular Market Day Low | 55.01 |
| Regular Market Day Range | 55.01 - 57.57 |
| Regular Market Open | 57.32 |
| Regular Market Previous Close | 57.68 |
| Regular Market Price | 55.09 |
| Regular Market Time | 1,792,008,001 |
| Regular Market Volume | 78,133 |
| Return On Assets | -0.0141199995 |
| Return On Equity | -0.120340005 |
| Revenue Growth | -0.023 |
| Revenue Per Share | 11.817 |
| Sand P52 Week Change | 0.1570785 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Shares Outstanding | 10,318,187 |
| Shares Percent Shares Out | 0.0066000004 |
| Shares Short | 423,047 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 429,170 |
| Short Name | Atlanta Braves Holdings, Inc. - |
| Short Percent Of Float | 0.0596 |
| Short Ratio | 6.33 |
| Source Interval | 15 |
| State | GA |
| Symbol | BATRA |
| Total Cash | 116,278,000 |
| Total Cash Per Share | 1.812 |
| Total Debt | 896,691,008 |
| Total Revenue | 749,966,976 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 51.857574 |
| Two Hundred Day Average Change | 3.2324257 |
| Two Hundred Day Average Change Percent | 0.06233276 |
| Type Disp | Equity |
| Volume | 78,133 |
| Website | https://www.bravesholdings.com |
| Zip | 30,339 |