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

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.

Key Stats

• Today's Range: $1.76 to $1.90
• 50-Day Range: $1.73 to $3.52
• 52-Week Range: $1.68 to $9.35
• Volume: 511,035 shs
• Average Volume: 894,585 shs
• Market Capitalization: $163.23 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.75
• Consensus Rating: Moderate Buy

E.W. Scripps Stock Analysis - MarketRank™

E.W. Scripps scored higher than 86% of companies evaluated by MarketBeat, and ranked 53rd out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

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.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -80.37%

Earnings Growth

Earnings for E.W. Scripps are expected to decrease by -80.37% in the coming year, from $1.07 to $0.21 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of E.W. Scripps is -0.61, 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 -0.61, 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 0.22. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.01% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in E.W. Scripps has recently decreased by 12.46%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

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 95.24% in the coming year. This indicates that E.W. Scripps may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -0.66

Percentage of Shares Shorted

3.01% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in E.W. Scripps has recently decreased by 12.46%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.14

News Sentiment

E.W. Scripps has a news sentiment score of 1.14. 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 0.62 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for E.W. Scripps this week, compared to 4 articles on an average week.

Search Interest

11 people have searched for SSP on MarketBeat in the last 30 days. This is an increase of 450% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

SSP Stock Analysis - Frequently Asked Questions

How have SSP shares performed this year?

E.W. Scripps' stock was trading at $7.99 at the start of the year. Since then, SSP stock has decreased by 76.3% and is now trading at $1.89.
View the best growth stocks for 2024 here.

How were E.W. Scripps' earnings last quarter?

The E.W. Scripps Company (NASDAQ:SSP) issued its quarterly earnings results on Monday, November, 4th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.56 by $0.19. The firm earned $646.30 million during the quarter, compared to the consensus estimate of $634.01 million. E.W. Scripps had a negative net margin of 8.55% and a positive trailing twelve-month return on equity of 9.40%.

Who are E.W. Scripps' major shareholders?

Top institutional investors of E.W. Scripps include Assenagon Asset Management S.A. (1.99%), Wittenberg Investment Management Inc. (1.91%), Geode Capital Management LLC (1.67%) and Minerva Advisors LLC (1.38%). 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.

How do I buy shares of E.W. Scripps?

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.

What other stocks do shareholders of E.W. Scripps own?

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: 11/04/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/28/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Television broadcasting stations
• Sub-Industry: Communication
• Current Symbol: NASDAQ:SSP
• CUSIP: N/A
• CIK: 832428
• Web: www.scripps.com
• Phone: (513) 977-3000
• Fax: 513-977-3024
• Employees: 5,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.75
• High Stock Price Target: $7.00
• Low Stock Price Target: $4.50
• Potential Upside/Downside: +204.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($3.10)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 1.77
• P/E Growth: N/A
• Net Income: $-998,090,000.00
• Net Margins: -8.55%
• Pretax Margin: -7.58%
• Return on Equity: 9.40%
• Return on Assets: 1.34%

Debt

• Debt-to-Equity Ratio: 3.41
• Current Ratio: 1.34
• Quick Ratio: 1.34

Sales & Book Value

• Annual Sales: $2.40 billion
• Price / Sales: 0.07
• Cash Flow: $14.54 per share
• Price / Cash Flow: 0.13
• Book Value: $8.75 per share
• Price / Book: 0.22

Miscellaneous

• Outstanding Shares: 86,363,000
• Free Float: 83,539,000
• Market Cap: $163.23 million
• Optionable: Optionable
• Beta: 1.66