Noble Financial Comments on E.W. Scripps Q1 Earnings

The E.W. Scripps Company (NASDAQ:SSP) – Stock analysts at Noble Financial issued their Q1 2025 earnings per share (EPS) estimates for E.W. Scripps in a research note issued to investors on Monday, March 17th. Noble Financial analyst M. Kupinski anticipates that the company will post earnings per share of ($0.45) for the quarter. The consensus estimate for E.W. Scripps’ current full-year earnings is $1.07 per share. Noble Financial also issued estimates for E.W. Scripps’ Q2 2025 earnings at ($0.18) EPS, Q3 2025 earnings at ($0.20) EPS, Q4 2025 earnings at $0.46 EPS and FY2026 earnings at ($0.81) EPS.

Separately, Benchmark lifted their price target on shares of E.W. Scripps from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Thursday, March 13th.

E.W. Scripps Stock Performance

NASDAQ SSP opened at $3.36 on Tuesday. The company has a debt-to-equity ratio of 3.41, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market capitalization of $290.18 million, a PE ratio of -1.08 and a beta of 1.54. E.W. Scripps has a 52-week low of $1.36 and a 52-week high of $4.65. The company has a 50-day simple moving average of $2.00 and a 200 day simple moving average of $2.14.

Institutional Investors Weigh In On E.W. Scripps

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SSP. Los Angeles Capital Management LLC boosted its holdings in E.W. Scripps by 33.1% in the 3rd quarter. Los Angeles Capital Management LLC now owns 166,906 shares of the company’s stock worth $375,000 after buying an additional 41,525 shares during the period. Victory Capital Management Inc. grew its holdings in E.W. Scripps by 5.1% during the 3rd quarter. Victory Capital Management Inc. now owns 204,900 shares of the company’s stock valued at $460,000 after buying an additional 9,900 shares in the last quarter. Empowered Funds LLC increased its position in shares of E.W. Scripps by 5.4% during the third quarter. Empowered Funds LLC now owns 276,838 shares of the company’s stock valued at $622,000 after buying an additional 14,070 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of E.W. Scripps by 18.0% in the third quarter. Thrivent Financial for Lutherans now owns 494,507 shares of the company’s stock valued at $1,110,000 after acquiring an additional 75,380 shares during the period. Finally, Minerva Advisors LLC grew its stake in E.W. Scripps by 48.5% during the third quarter. Minerva Advisors LLC now owns 1,192,441 shares of the company’s stock valued at $2,671,000 after acquiring an additional 389,481 shares in the last quarter. 67.81% of the stock is currently owned by institutional investors.

E.W. Scripps Company Profile

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.