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NASDAQ:SSP

E.W. Scripps (SSP) Stock Price, News & Analysis

E.W. Scripps logo
$3.36
+0.04 (+1.21%)
(As of 10/31/2024 ET)

About E.W. Scripps Stock (NASDAQ:SSP)

Key Stats

Today's Range
$3.20
$3.40
50-Day Range
$1.73
$3.32
52-Week Range
$1.68
$9.35
Volume
433,505 shs
Average Volume
868,521 shs
Market Capitalization
$288.93 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.75
Consensus Rating
Moderate Buy

Company Overview

The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local television stations, national news, and entertainment networks in the United States. It operates through Local Media, Scripps Networks, and Other segments. The Local Media segment operates broadcast television stations, which produce news, information, sports, and entertainment content, as well as its related digital operations; runs network, syndicated, and original programming, and local sporting events; and provides core and political advertising services. The Scripps Networks segment offers national television networks through free over-the-air broadcast, cable/satellite, connected TV, and digital distribution. This segment also provides Scripp News, a national news network, which provides politics, entertainment, science, and technology news; Court TV, which showcases live trials; entertainment brands, such as Bounce, Defy TV, Grit, ION Mystery, and Laff; and ION, a national network of broadcast stations and broadcast television spectrum, which distributes programming through Federal Communications Commission-licensed television stations, as well as affiliated TV stations through over-the-air broadcast and pay TV platforms. In addition, it provides content and services through digital platforms, including the Internet, smartphones, and tablets; Nuvyyo, which offers consumers DVR product solutions to watch and record free over-the-air HDTV on connected devices; and Scripps National Spelling Bee, which shows educational programs. The company serves audiences and businesses through cable and satellite service providers. The E.W. Scripps Company was founded in 1878 and is headquartered in Cincinnati, Ohio.

E.W. Scripps Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

SSP MarketRank™: 

E.W. Scripps scored higher than 86% of companies evaluated by MarketBeat, and ranked 43rd out of 294 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    E.W. Scripps has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    E.W. Scripps has only been the subject of 1 research reports in the past 90 days.

  • Read more about E.W. Scripps' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of E.W. Scripps is -0.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of E.W. Scripps is -0.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    E.W. Scripps has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about E.W. Scripps' valuation and earnings.
  • Percentage of Shares Shorted

    3.45% of the outstanding shares of E.W. Scripps have been sold short.
  • Short Interest Ratio / Days to Cover

    E.W. Scripps has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in E.W. Scripps has recently decreased by 17.73%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    E.W. Scripps does not currently pay a dividend.

  • Dividend Growth

    E.W. Scripps does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on EPS estimates, E.W. Scripps will have a dividend payout ratio of 133.33% in the coming year. This indicates that E.W. Scripps may not be able to sustain their current dividend.

  • Read more about E.W. Scripps' dividend.
  • Percentage of Shares Shorted

    3.45% of the outstanding shares of E.W. Scripps have been sold short.
  • Short Interest Ratio / Days to Cover

    E.W. Scripps has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in E.W. Scripps has recently decreased by 17.73%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    E.W. Scripps has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for E.W. Scripps this week, compared to 3 articles on an average week.
  • Search Interest

    5 people have searched for SSP on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added E.W. Scripps to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, E.W. Scripps insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 3.27% of the stock of E.W. Scripps is held by insiders.

  • Percentage Held by Institutions

    67.81% of the stock of E.W. Scripps is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about E.W. Scripps' insider trading history.
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SSP Stock News Headlines

E W Scripps (NASDAQ:SSP) Stock, Short Interest Report
Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
Scripps names Matt Simon as VP of Scripps News
See More Headlines

SSP Stock Analysis - Frequently Asked Questions

E.W. Scripps' stock was trading at $7.99 at the beginning of the year. Since then, SSP shares have decreased by 58.1% and is now trading at $3.35.
View the best growth stocks for 2024 here
.

The E.W. Scripps Company (NASDAQ:SSP) issued its quarterly earnings data on Thursday, August, 8th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.17. The firm earned $573.63 million during the quarter, compared to the consensus estimate of $586.65 million. E.W. Scripps had a positive trailing twelve-month return on equity of 2.94% and a negative net margin of 11.06%.

Top institutional investors of E.W. Scripps include Assenagon Asset Management S.A. (1.99%) and Diversified Trust Co (0.02%). Insiders that own company stock include Jimmy R Scripps, Margaret Scripps Klenzing, William H Scripps, Lisa A Knutson, R Michael Scagliotti, Elizabeth Scripps, John Patrick Scripps, Kate O'brian, William Appleton, Douglas F Lyons and Daniel Perschke.
View institutional ownership trends
.

Shares of SSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that E.W. Scripps investors own include Meta Platforms (META), Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Alphabet (GOOG) and Home Depot (HD).

Company Calendar

Last Earnings
8/08/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
Communication
Current Symbol
NASDAQ:SSP
Employees
5,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.75
High Stock Price Target
$11.00
Low Stock Price Target
$4.50
Potential Upside/Downside
+133.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-998,090,000.00
Pretax Margin
-10.87%

Debt

Sales & Book Value

Annual Sales
$2.32 billion
Cash Flow
$17.47 per share
Book Value
$8.75 per share

Miscellaneous

Free Float
83,001,000
Market Cap
$285.91 million
Optionable
Optionable
Beta
1.74
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This page (NASDAQ:SSP) was last updated on 10/31/2024 by MarketBeat.com Staff
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