E.W. Scripps
SSP

$3.85

3.22%

Market Cap: 329M

About: The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, Scripps Networks, and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes local broadcast stations and their related digital operations.

Employees: 5,200

Communication Services Television Broadcasting Stations

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 4 analysts

0

News positive %

of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

13% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 30

4.94% more ownership

Funds ownership: 79.3% [Q4 2023] → 84.24% (+4.94%) [Q1 2024]

2% more funds holding

Funds holding: 176 [Q4 2023] → 180 (+4) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

10% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 62

20% less call options, than puts

Call options by funds: $194K | Put options by funds: $243K

48% less capital invested

Capital invested by funds: $460M [Q4 2023] → $241M (-$219M) [Q1 2024]

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$4.50

17%

upside

Avg. target

$7.88

105%

upside

High target

$14

264%

upside

4 analyst ratings

1 positive

25%

3 neutral

75%

0 negative

0%

Wells Fargo Steven Cahall	17%upside $4.5	Equal-Weight Maintained	13 May 2024
Benchmark Daniel Kurnos	264%upside $14	Buy Reiterated	13 May 2024
Wells Fargo Steven Cahall	56%upside $6	Equal-Weight Maintained	26 Feb 2024
Wells Fargo Steven Cahall	82%upside $7	Equal-Weight Maintained	9 Feb 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about SSP published over the past 30 days

Scripps' business not significantly affected by global IT outage

CINCINNATI , July 19, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has not been significantly affected by the global IT outage that struck overnight.

Scripps' business not significantly affected by global IT outage

Scripps to report second-quarter 2024 operating results on Aug. 8

CINCINNATI , July 12, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) will report second-quarter 2024 operating results after the markets close on Thursday, Aug. 8.

Scripps to report second-quarter 2024 operating results on Aug. 8

KNXV-ABC15 honored with Sigma Delta Chi Award from Society of Professional Journalists

PHOENIX , July 11, 2024 /PRNewswire/ -- The Society of Professional Journalists has awarded KNXV-ABC15, the Phoenix-based local television station owned by The E.W. Scripps Company (NASDAQ: SSP), with a national 2023 Sigma Delta Chi Award for excellence in journalism.

KNXV-ABC15 honored with Sigma Delta Chi Award from Society of Professional Journalists

Florida Panthers games are moving from cable to local broadcast stations

The Florida Panthers — the NHL Stanley Cup champions — are the latest team to leave behind their cable TV regional sports network for a broadcast network home, striking a deal with E.W. Scripps. The Panthers originally aired their regular season games on Bally Sports Florida, a network owned by Diamond Sports Group, which has been under bankruptcy protection for the last year.

Florida Panthers games are moving from cable to local broadcast stations

Florida Panthers, Scripps Sports partner on multi-year agreement to air National Hockey League team's games

SUNRISE, Fla. and CINCINNATI, Ohio , July 2, 2024 /PRNewswire/ -- The Stanley Cup champion Florida Panthers have signed a multi-year agreement with Scripps Sports to locally broadcast Panthers hockey free for residents of Miami/Fort Lauderdale, West Palm Beach and Fort Myers.

Florida Panthers, Scripps Sports partner on multi-year agreement to air National Hockey League team's games

'Mind Your Business' reaches more than 2 million HHs, becomes Bounce TV's most-watched original series premiere

ATLANTA , June 14, 2024 /PRNewswire/ -- The newest Bounce TV original series "Mind Your Business" handled its business beautifully in its debut as its first two episodes reached more than 2 million households over the course of premiere weekend telecasts – an all-time high for a Bounce original series. The first two episodes of "Mind Your Business" premiered back-to-back on Bounce on Saturday, June 1, from 8-9 p.m.

'Mind Your Business' reaches more than 2 million HHs, becomes Bounce TV's most-watched original series premiere

WorkingNation Partners with Scripps News to Release "Breaking Barriers: Embracing Age in the Workforce" Special on June 21

Second Installment of Emmy®-Nominated Broadcast Series to Address Ageism in the Workplace LOS ANGELES , June 13, 2024 /PRNewswire/ -- WorkingNation, a leading nonprofit media organization focused on issues impacting workers and employment in the U.S., is partnering with Scripps News, the national network owned by The E.W. Scripps Company, to drive awareness of and action to address ageism in the workplace.

WorkingNation Partners with Scripps News to Release "Breaking Barriers: Embracing Age in the Workforce" Special on June 21

Zacks Investment Research

Down -34.35% in 4 Weeks, Here's Why You Should You Buy the Dip in E.W. Scripps (SSP)

E.W. Scripps (SSP) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -34.35% in 4 Weeks, Here's Why You Should You Buy the Dip in E.W. Scripps (SSP)

Scripps hires veteran Midwest station leader as VP and general manager of WRTV in Indianapolis

CINCINNATI , June 3, 2024 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has hired Charlie Grisham as the vice president and general manager for WRTV, the Scripps-owned ABC affiliate in Indianapolis, effective June 10.

Scripps hires veteran Midwest station leader as VP and general manager of WRTV in Indianapolis

Zacks Investment Research

E.W. Scripps (SSP) is an Incredible Growth Stock: 3 Reasons Why

E.W. Scripps (SSP) possesses solid growth attributes, which could help it handily outperform the market.

E.W. Scripps (SSP) is an Incredible Growth Stock: 3 Reasons Why

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