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

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for E.W. Scripps in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 analysts have issued twelve-month target prices for E.W. Scripps' shares. Their SSP share price forecasts range from $10.00 to $17.00. On average, they predict the company's stock price to reach $12.67 in the next twelve months. This suggests a possible upside of 131.1% 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 at the beginning of 2023. Since then, SSP shares have decreased by 58.5% and is now trading at $5.48.
View the best growth stocks for 2023 here.

E.W. Scripps saw a increase in short interest in 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 short-interest ratio is presently 8.6 days. Approximately 5.2% of the company's shares are short sold.
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) issued its quarterly earnings results on Friday, August, 4th. The company reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.11) by $0.02. The company had revenue of $582.84 million for the quarter, compared to analyst estimates 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 firm's revenue was down 2.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.32 earnings per share.

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."

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 $5.48.

E.W. Scripps (NASDAQ:SSP) has a market capitalization of $462.95 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.