News articles about E. W. Scripps (NYSE:SSP) have trended somewhat positive on Saturday, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. E. W. Scripps earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the company an impact score of 47.2334455711224 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
SSP has been the topic of several research reports. Zacks Investment Research lowered E. W. Scripps from a “buy” rating to a “hold” rating in a research report on Wednesday, January 24th. ValuEngine lowered E. W. Scripps from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Noble Financial restated a “buy” rating on shares of E. W. Scripps in a research report on Monday, January 22nd. Guggenheim restated a “hold” rating and set a $18.00 price target on shares of E. W. Scripps in a research report on Friday, January 26th. Finally, Benchmark restated a “buy” rating and set a $21.00 price target on shares of E. W. Scripps in a research report on Friday, January 26th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $19.25.
Shares of E. W. Scripps (SSP) opened at $13.02 on Friday. The company has a quick ratio of 2.87, a current ratio of 2.87 and a debt-to-equity ratio of 0.73. E. W. Scripps has a 1-year low of $12.79 and a 1-year high of $23.75. The company has a market capitalization of $1,064.57, a price-to-earnings ratio of -86.80, a price-to-earnings-growth ratio of 9.60 and a beta of 1.98.
E. W. Scripps (NYSE:SSP) last released its earnings results on Wednesday, February 28th. The company reported $0.14 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.09. E. W. Scripps had a positive return on equity of 1.51% and a negative net margin of 1.44%. The business had revenue of $257.00 million for the quarter, compared to the consensus estimate of $265.68 million. During the same period in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 1.6% compared to the same quarter last year. sell-side analysts anticipate that E. W. Scripps will post 0.68 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, March 26th. Shareholders of record on Thursday, March 1st will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.54%. The ex-dividend date is Wednesday, February 28th. E. W. Scripps’s dividend payout ratio (DPR) is -133.33%.
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About E. W. Scripps
The E. W. Scripps Company is a media enterprise with interests in television and radio broadcasting, as well as local and national digital media brands. The Company’s segments include television, radio, digital, and syndication and other. As of December 31, 2016, the Television segment included approximately 15 American Broadcasting Company (ABC) affiliates, five National Broadcasting Company (NBC) affiliates, two FOX affiliates, two Columbia Broadcasting System (CBS) affiliates and four non big-four affiliated stations.
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