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

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for E.W. Scripps in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SSP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SSP, but not buy additional shares or sell existing shares.
View SSP analyst ratings or view top-rated stocks.

3 brokerages have issued twelve-month target prices for E.W. Scripps' stock. Their SSP share price forecasts range from $10.00 to $17.00. On average, they anticipate the company's stock price to reach $12.67 in the next year. This suggests a possible upside of 128.2% from the stock's current price.
View analysts price targets for SSP or view top-rated stocks among Wall Street analysts.

E.W. Scripps' stock was trading at $13.19 on January 1st, 2023. Since then, SSP stock has decreased by 57.9% and is now trading at $5.55.
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E.W. Scripps saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,130,000 shares, an increase of 23.2% from the August 31st total of 2,540,000 shares. Based on an average daily trading volume, of 365,500 shares, the days-to-cover ratio is presently 8.6 days. Approximately 5.2% of the shares of the company are sold short.
View E.W. Scripps' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our SSP earnings forecast.

The E.W. Scripps Company (NASDAQ:SSP) released its earnings results on Friday, August, 4th. The company reported ($0.09) EPS for the quarter, beating analysts' consensus estimates of ($0.11) by $0.02. The business had revenue of $582.84 million for the quarter, compared to analysts' expectations of $575.83 million. E.W. Scripps had a positive trailing twelve-month return on equity of 8.91% and a negative net margin of 23.16%. The business's revenue was down 2.0% on a year-over-year basis. During the same quarter last year, the business posted $0.32 EPS.

ETFs with the largest weight of E.W. Scripps (NASDAQ:SSP) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) and Roundhill Acquirers Deep Value ETF (DEEP).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

E.W. Scripps trades on the NASDAQ under the ticker symbol "SSP."

E.W. Scripps' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.89%), Victory Capital Management Inc. (8.56%), Dimensional Fund Advisors LP (6.00%), Gamco Investors INC. ET AL (4.23%), State Street Corp (2.61%) and Kennedy Capital Management LLC (1.61%). Insiders that own company stock include Adam Symson, Daniel Perschke, Douglas F Lyons, Elaina Shekhter, Elizabeth Scripps, Jason Combs, Jimmy R Scripps, Kate O'brian, Laura Tomlin, Lisa A Knutson, Margaret Scripps Klenzing, Mark L Koors, Rebecca A Riegelsberger, Richard A Boehne, William Appleton and William H Scripps.
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Shares of SSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SSP stock can currently be purchased for approximately $5.55.

E.W. Scripps (NASDAQ:SSP) has a market capitalization of $468.86 million and generates $2.45 billion in revenue each year. The company earns $195.90 million in net income (profit) each year or ($7.25) on an earnings per share basis.

The company employs 5,700 workers across the globe.

E.W. Scripps' mailing address is 312 WALNUT STREET, CINCINNATI OH, 45202. The official website for the company is www.scripps.com. The company can be reached via phone at (513) 977-3000, via email at carolyn.micheli@scripps.com, or via fax at 513-977-3024.