Q4 EPS Estimates for E.W. Scripps Boosted by Noble Financial

E.W. Scripps Company (The) (NASDAQ:SSP) – Investment analysts at Noble Financial upped their Q4 2026 earnings estimates for E.W. Scripps in a research report issued on Thursday, May 14th. Noble Financial analyst M. Kupinski now expects that the company will post earnings per share of $0.49 for the quarter, up from their previous forecast of $0.46. The consensus estimate for E.W. Scripps’ current full-year earnings is $0.92 per share. Noble Financial also issued estimates for E.W. Scripps’ FY2028 earnings at $1.36 EPS.

E.W. Scripps (NASDAQ:SSP) last released its quarterly earnings results on Thursday, May 7th. The company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.52) by $0.32. E.W. Scripps had a negative net margin of 4.63% and a negative return on equity of 0.56%. The firm had revenue of $516.87 million during the quarter, compared to the consensus estimate of $516.86 million.

Several other equities analysts also recently weighed in on the company. Guggenheim restated a “neutral” rating on shares of E.W. Scripps in a research report on Friday, March 6th. Wells Fargo & Company increased their price objective on E.W. Scripps from $3.00 to $3.90 and gave the company an “equal weight” rating in a research note on Thursday, January 22nd. Zacks Research upgraded E.W. Scripps from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Benchmark lowered their target price on shares of E.W. Scripps from $10.00 to $8.00 and set a “buy” rating on the stock in a research note on Monday. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, E.W. Scripps presently has a consensus rating of “Hold” and a consensus target price of $5.95.

E.W. Scripps Price Performance

NASDAQ:SSP opened at $3.53 on Friday. The stock has a 50 day moving average of $4.16 and a two-hundred day moving average of $3.86. E.W. Scripps has a 12 month low of $2.02 and a 12 month high of $5.39. The firm has a market cap of $314.27 million, a P/E ratio of -1.91 and a beta of 0.72. The company has a current ratio of 1.58, a quick ratio of 1.65 and a debt-to-equity ratio of 3.08.

Institutional Trading of E.W. Scripps

A number of hedge funds and other institutional investors have recently modified their holdings of SSP. Empowered Funds LLC boosted its position in shares of E.W. Scripps by 8.6% during the 1st quarter. Empowered Funds LLC now owns 316,113 shares of the company’s stock valued at $936,000 after acquiring an additional 25,070 shares during the last quarter. Strs Ohio acquired a new stake in E.W. Scripps during the first quarter worth about $117,000. Geode Capital Management LLC raised its stake in E.W. Scripps by 0.7% during the second quarter. Geode Capital Management LLC now owns 1,516,298 shares of the company’s stock worth $4,459,000 after purchasing an additional 10,957 shares during the period. Creative Planning raised its stake in E.W. Scripps by 111.4% during the second quarter. Creative Planning now owns 49,518 shares of the company’s stock worth $146,000 after purchasing an additional 26,090 shares during the period. Finally, American Century Companies Inc. boosted its holdings in E.W. Scripps by 14.6% in the 2nd quarter. American Century Companies Inc. now owns 152,443 shares of the company’s stock valued at $448,000 after purchasing an additional 19,393 shares during the last quarter. 67.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at E.W. Scripps

In related news, major shareholder Samantha J. Brickner purchased 63,955 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was purchased at an average price of $4.43 per share, with a total value of $283,320.65. Following the completion of the acquisition, the insider owned 64,021 shares in the company, valued at $283,613.03. This trade represents a 96,901.52% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Margaret Scripps Klenzing acquired 159,515 shares of E.W. Scripps stock in a transaction that occurred on Friday, March 6th. The shares were bought at an average price of $4.64 per share, for a total transaction of $740,149.60. Following the transaction, the insider owned 741,978 shares of the company’s stock, valued at $3,442,777.92. This represents a 27.39% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders acquired 1,333,347 shares of company stock valued at $5,738,221. Company insiders own 5.24% of the company’s stock.

E.W. Scripps Company Profile

The E.W. Scripps Company is a diversified U.S. media organization headquartered in Cincinnati, Ohio. Established in 1878 by Edward Willis Scripps, the company began as a newspaper publisher before expanding into broadcast television, cable networks and digital journalism. Today, Scripps combines a legacy of local news reporting with a growing portfolio of national cable channels and digital platforms.

Scripps operates more than 60 television stations across over 40 markets, delivering local news, weather, sports and entertainment programming to communities in both large and mid-sized U.S.