Atlanta Braves Holdings, Inc. (BATRA)Communication Services | Entertainment | Atlanta, United States | NasdaqGS
57.01 USD
-0.44
(-0.766%) ⇩
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:24 a.m. EDT
The Atlanta Braves franchise is generating massive revenue growth (+52.5%), yet the public company structure is failing to translate this into shareholder value. The business is hemorrhaging cash with negative operating margins and free cash flow, while the balance sheet is burdened with debt that dwarfs equity. Despite the underlying sports team's success, the investment vehicle is structurally broken, evidenced by the negative forward P/E and the market's refusal to assign a meaningful multiple to the earnings. The heavy put activity in the options chain confirms that smart money is fleeing the stock, viewing the current rally as a temporary reprieve rather than a turnaround. With no dividend to offset the capital destruction and a history of volatile, non-linear returns, this remains a speculative hold at best, not a core investment. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.022078 |
| AutoETS | 0.022471 |
| AutoARIMA | 0.022471 |
| MSTL | 0.024055 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 58% |
| H-stat | 0.59 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.305 |
| Excess Kurtosis | -1.00 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Ex Dividend Date | 2022-02-09 |
| Debt to Equity Ratio | 153.827 |
| Revenue per Share | 12.004 |
| Market Cap | 3,656,839,168 |
| Forward P/E | -123.93 |
| Beta | 0.80 |
| Profit Margins | -2.97% |
| Previous Name | The Liberty Braves Group |
| Website | https://www.bravesholdings.com |
As of July 11, 2026, 4:24 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest dominates every expiration cycle, with significant concentration in strikes well below the current price (e.g., deep OTM puts at $40 and $45 for August expiry). Call activity is sparse and heavily weighted toward In-The-Money positions, suggesting traders are hedging existing long exposure or betting on a continuation of the recent pullback rather than anticipating a breakout. Implied volatility remains relatively low, indicating a lack of fear regarding immediate catastrophic events, yet the heavy put skew suggests a cautious sentiment expecting further weakness.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.17268825 |
| Address1 | Truist Park |
| Address2 | 755 Battery Avenue SE |
| All Time High | 58.37 |
| All Time Low | 13.127306 |
| Ask | 72.96 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 54,500 |
| Average Daily Volume3 Month | 63,178 |
| Average Volume | 63,178 |
| Average Volume10Days | 54,500 |
| Beta | 0.803 |
| Bid | 41.33 |
| Bid Size | 2 |
| Book Value | 8.091 |
| City | Atlanta |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 57.01 |
| Current Ratio | 0.458 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 57.98 |
| Day Low | 56.66 |
| Debt To Equity | 153.827 |
| Display Name | Atlanta Braves |
| Earnings Call Timestamp End | 1,785,960,000 |
| Earnings Call Timestamp Start | 1,785,960,000 |
| Earnings Timestamp | 1,785,933,000 |
| Earnings Timestamp End | 1,785,933,000 |
| Earnings Timestamp Start | 1,785,933,000 |
| Ebitda | 97,855,000 |
| Ebitda Margins | 0.12922 |
| Enterprise To Ebitda | 44.463 |
| Enterprise To Revenue | 5.745 |
| Enterprise Value | 4,350,885,376 |
| Eps Forward | -0.46 |
| Eps Trailing Twelve Months | -0.34 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,644,451,200 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 54.798 |
| Fifty Day Average Change | 2.211998 |
| Fifty Day Average Change Percent | 0.0403664 |
| Fifty Two Week Change Percent | 17.268826 |
| Fifty Two Week High | 58.37 |
| Fifty Two Week High Change | -1.3600006 |
| Fifty Two Week High Change Percent | -0.023299651 |
| Fifty Two Week Low | 41.5 |
| Fifty Two Week Low Change | 15.509998 |
| Fifty Two Week Low Change Percent | 0.3737349 |
| Fifty Two Week Range | 41.5 - 58.37 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,460,986,200,000 |
| Float Shares | 58,378,574 |
| Forward Eps | -0.46 |
| Forward P E | -123.93478 |
| Free Cashflow | -6,108,750 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 1,610 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.31195 |
| Gross Profits | 236,235,008 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.05409 |
| Held Percent Institutions | 0.77186996 |
| Implied Shares Outstanding | 64,143,821 |
| 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 | 3,656,839,168 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_331717750 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-15 |
| Net Income To Common | -22,459,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,409,206,520 |
| Open | 57.7 |
| Operating Cashflow | -8,053,000 |
| Operating Margins | -0.57287 |
| Payout Ratio | 0.0 |
| Phone | 404 614 2300 |
| Pre Market Change | 0.33000183 |
| Pre Market Change Percent | 0.578849 |
| Pre Market Price | 57.34 |
| Pre Market Time | 1,784,105,007 |
| Prev Name | The Liberty Braves Group |
| Previous Close | 57.449997 |
| Price Hint | 2 |
| Price To Book | 7.0461006 |
| Price To Sales Trailing12 Months | 4.8288617 |
| Profit Margins | -0.029660001 |
| Quick Ratio | 0.336 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.43999863 |
| Regular Market Change Percent | -0.76588106 |
| Regular Market Day High | 57.98 |
| Regular Market Day Low | 56.66 |
| Regular Market Day Range | 56.66 - 57.98 |
| Regular Market Open | 57.7 |
| Regular Market Previous Close | 57.449997 |
| Regular Market Price | 57.01 |
| Regular Market Time | 1,784,059,201 |
| Regular Market Volume | 37,242 |
| Return On Assets | 0.00803 |
| Return On Equity | -0.04336 |
| Revenue Growth | 0.525 |
| Revenue Per Share | 12.004 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Shares Outstanding | 10,318,187 |
| Shares Percent Shares Out | 0.0075 |
| Shares Short | 483,873 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 450,007 |
| Short Name | Atlanta Braves Holdings, Inc. - |
| Short Percent Of Float | 0.0681 |
| Short Ratio | 8.23 |
| Source Interval | 15 |
| State | GA |
| Symbol | BATRA |
| Total Cash | 135,196,992 |
| Total Cash Per Share | 2.108 |
| Total Debt | 817,054,976 |
| Total Revenue | 757,288,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.34 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 47.617874 |
| Two Hundred Day Average Change | 9.392124 |
| Two Hundred Day Average Change Percent | 0.19723947 |
| Type Disp | Equity |
| Volume | 37,242 |
| Website | https://www.bravesholdings.com |
| Zip | 30,339 |