Scripps Networks Interactive Company Profile (NASDAQ:SNI)

Scripps Networks Interactive trades on the NASDAQ under the ticker symbol "SNI."

Scripps Networks Interactive declared a quarterly dividend on Wednesday, August 16th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.30 per share on Sunday, September 10th. This represents a $1.20 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Tuesday, August 29th. View Scripps Networks Interactive's Dividend History.

Scripps Networks Interactive, Inc (NASDAQ:SNI) issued its quarterly earnings results on Tuesday, August, 9th. The company reported $1.58 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.50 by $0.08. The company had revenue of $892.80 million for the quarter, compared to analysts' expectations of $893.46 million. Scripps Networks Interactive had a net margin of 18.20% and a return on equity of 29.93%. The company's revenue for the quarter was up 22.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.47 EPS. View Scripps Networks Interactive's Earnings History.

17 equities research analysts have issued 1-year target prices for Scripps Networks Interactive's stock. Their forecasts range from $66.00 to $90.00. On average, they expect Scripps Networks Interactive's stock price to reach $83.77 in the next twelve months. View Analyst Ratings for Scripps Networks Interactive.

Here are some recent quotes from research analysts about Scripps Networks Interactive stock:

• 1. According to Zacks Investment Research, "Scripps Networks' top line in the second quarter is expected to be driven by strong growth in advertising revenues in its U.S. Networks division. The company's efforts to exapnd its operations are also impressive. The company recently announced plans to acquire Spoon University. We are also impressed by its efforts to reward shareholders. In Feb 2017, the company hiked its quarterly dividend by 20% to $0.30 per share. However, the company's high debt levels bother us. We also remain mindful of other headwinds like mounting programming costs, advertising and marketing expenses. The headwinds are likely to hurt the company's bottom line in the second quarter of 2017. Detailed results should be out on Aug 9. On the conference call, we expect an update on rumors regarding its merger with Discovery or Viacom. Shares of Scripps Networks have underperformed its industry over the past one year. " (7/25/2017)
• 2. Jefferies Group LLC analysts commented, "SNI reported 1Q EPS and EBITDA of $1.53 / $369M vs. JEFe $1.21 / $338M, once again beating ests on lower Op Ex at the U.S. nets – likely largely on a timing shift. Dom adv of 5.1% vs. our 6.0% est, offset by stronger affil. growth. Given weakness in the space yesterday, we believe the stock will trade higher today. Guidance Unchanged: Despite beating estimates, mgmt left the FY guidance unchanged. While we assume that the timing of expenses will push Op Ex higher in 2Q/3Q vs. 1Q/2Q, this was the same narrative in F16 (which ultimately resulted in the FY coming in stronger than expected)." (5/5/2017)
• 3. Stifel Nicolaus analysts commented, "We are raising our target price on Scripps to $90 following better than expected 4Q results and raising our 2017 estimates accordingly. With ratings growth across its platform, the company continues to be able to monetize on the strong scatter market to the degree that peers are less able to do so, while the focus/more limited number of channels continues to position the company well in a world of more slimmed down bundles through traditional or OTT delivery' While our operating income estimates are unchanged, as the company will spend an additional $40mn in technology spend (excluding that spend our estimates would have been increased), our EPS guidance is increased on lower D&A. We continue to see upside to estimates for 2017 given the strong ad trends in 4Q and the pacings QTD. We remain Buy rated." (2/22/2017)
• 4. Guggenheim analysts commented, "We have updated our outlook to reflect 4Q16 results and management guidance (summary table within). Of note, the company anticipates 6% total company revenue growth in 2017 (we now estimate 6.2% versus our prior 4.0%), including positive domestic distribution revenue growth (we estimate 5.0%). We now forecast another year of strong domestic ad growth (+7.2%) and more modest international revenue growth (+4.3%). Our 1Q and 2017 EPS forecasts now stand at $1.16 and $5.40 from $1.18 and $5.24 prior, respectively. Note that we no longer adjust acquisition amortization out of our EPS estimate. Management is confident 2017 outlook is underpinned by continued strong audience trends, as all six of the company's networks recorded total-day C3 ratings growth in 2016 and ad demand has remained strong." (2/22/2017)
• 5. Needham & Company LLC analysts commented, "SNI reported 4Q16 revenue of $889mm (up 4% y/y, 1% above estimates), OIBDA of $341mm, (up 7% y/y, 8% above estimates) and Adjusted EPS of $1.02 (down 25% y/y, 4% below estimates). What we liked most: 1) SNI's 2017 calendar upfront got 10-13% CPM growth rates and 'sold a similar amount of inventory' as 2016 and 'cancellations of options are practically nil'; 2) SNI's leverage ratio was 2.6x at 12/31/16, down from 2.8x 90 days ago; 3) TV Everywhere reported 'significant growth' in 2016, and 'January 2017 visitors were 2mm, up 22% over December'; 4) All six of SNI's US Networks had higher C-3 ratings and 95% of viewing was live in 2016; 5) HGTV, DIY Network and Cooking Channel each had their best ratings performance in history; 6) HGTV was the #1 cable network for upscale women (for 10th year)." (2/22/2017)

Scripps Networks Interactive saw a drop in short interest in August. As of August 31st, there was short interest totalling 4,598,014 shares, a drop of 17.1% from the August 15th total of 5,549,736 shares. Based on an average trading volume of 1,571,357 shares, the short-interest ratio is currently 2.9 days. Currently, 5.3% of the company's stock are short sold.

Some companies that are related to Scripps Networks Interactive include Discovery Communications (DISCB), Discovery Communications (DISCA), Discovery Communications (DISCK), AMC Networks (AMCX), Nexstar Broadcasting Group (NXST), TEGNA (TGNA), E.W. Scripps Company (The) (SSP), Entravision Communications Corporation (EVC), Wireless Group PLC (UTV), NTN Buzztime (NTN), CTC Media (CTCM) and Wireless Group PLC (WLG).

Scripps Networks Interactive's management team includes the folowing people:

• Kenneth W. Lowe, Chairman of the Board, President, Chief Executive Officer
• Lori A. Hickok, Chief Financial Officer, Executive Vice President
• Burton Frank Jablin, Chief Operating Officer
• Nello-John Pesci Jr., Chief Human Resource Officer, Executive Vice President
• Mark S. Hale, Executive Vice President - Global Operations, Chief Technology Officer
• Cynthia L. Gibson, Executive Vice President, Chief Legal and Business Affairs Officer
• Nicholas B. Paumgarten, Lead Independent Director
• Gina L. Bianchini, Independent Director
• Michael R. Costa Esq., Independent Director
• Donald E. Meihaus, Independent Director

Scripps Networks Interactive's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.70%), BlackRock Inc. (6.52%), Southeastern Asset Management Inc. TN (5.44%), State Street Corp (2.89%), FMR LLC (2.60%) and Pioneer Investment Management Inc. (2.39%). Company insiders that own Scripps Networks Interactive stock include Adam R Scripps, Burton F Jablin, Charles E Scripps, Cynthia J Scripps, Cynthia L Gibson, David A Galloway, Edward W Scripps, Eli W Scripps, Elizabeth A Logan, Eva Scripps Attal, Gerald J Scripps, J Sebastian Scripps, Jeffrey Sagansky, Jimmy R Scripps, Jonathan L Scripps, Joseph G Necastro, Julia Scripps Heidt, Kenneth W Lowe, Margaret Scripps Klenzing, Mark S Hale, Mary Ann S Sanchez, Mary Peirce, Michael R Costa, Molly E Mccabe, Nicholas B Paumgarten, Of Robert P Scripps J Estate, Rebecca Scripps Brickner, Richelle P Parham, Virginia S Vasquez, Wendy E Scripps, William A Scripps and William H Scripps. View Institutional Ownership Trends for Scripps Networks Interactive.

Scripps Networks Interactive's stock was sold by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Southeastern Asset Management Inc. TN, American Century Companies Inc., Capital Guardian Trust Co., Goldman Sachs Group Inc., WINTON GROUP Ltd, Lord Abbett & CO. LLC and AXA. Company insiders that have sold Scripps Networks Interactive stock in the last year include Adam R Scripps, Burton F Jablin, Charles E Scripps, David A Galloway, Edward W Scripps, Eli W Scripps, Eva Scripps Attal, Gerald J Scripps, Jeffrey Sagansky, Jimmy R Scripps, Kenneth W Lowe, Margaret Scripps Klenzing, Mark S Hale, Mary Ann S Sanchez, Michael R Costa, Nicholas B Paumgarten, Rebecca Scripps Brickner, Richelle P Parham, Virginia S Vasquez, Wendy E Scripps, William A Scripps and William H Scripps. View Insider Buying and Selling for Scripps Networks Interactive.

Scripps Networks Interactive's stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., BlackRock Inc., Renaissance Technologies LLC, JPMorgan Chase & Co., FMR LLC, Smead Capital Management Inc., Vanguard Group Inc. and Ardevora Asset Management LLP. View Insider Buying and Selling for Scripps Networks Interactive.

Shares of Scripps Networks Interactive can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Scripps Networks Interactive stock can currently be purchased for approximately $85.81.