E.W. Scripps Co (NASDAQ:SSP)’s traded shares stood at 0.55 million during the last session, with the company’s beta value hitting 1.52. At the close of trading, the stock’s price was $2.26, to imply an increase of 6.10% or $0.13 in intraday trading. The SSP share’s 52-week high remains $9.35, putting it -313.72% down since that peak but still an impressive 25.66% since price per share fell to its 52-week low of $1.68. The company has a valuation of $195.18M, with an average of 0.49 million shares in intraday trading volume over the past 10 days and average of 774.51K shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for E.W. Scripps Co (SSP), translating to a mean rating of 2.60. Of 1 analyst(s) looking at the stock, 0 analyst(s) give SSP a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.96.

E.W. Scripps Co (NASDAQ:SSP) trade information

After registering a 6.10% upside in the last session, E.W. Scripps Co (SSP) has traded red over the past five days. The 5-day price performance for the stock is 13.00%, and -3.83% over 30 days. With these gigs, the year-to-date price performance is -71.71%. Short interest in E.W. Scripps Co (NASDAQ:SSP) saw shorts transact 2.93 million shares and set a 3.13 days time to cover.

E.W. Scripps Co (SSP) estimates and forecasts

Looking at statistics comparing E.W. Scripps Co share performance against respective industry, we note that the company has outperformed competitors. E.W. Scripps Co (SSP) shares are -6.22% down over the last 6 months, with its year-to-date growth rate higher than industry average at 109.04% against 18.60%. The rating firms project that company’s revenue will grow 9.27% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is 723.84M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 529.87M.Earnings reports from the last fiscal year show that sales brought in 615.77M and 561.46M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 17.55% before dropping -5.63% in the following quarter.

SSP Dividends

E.W. Scripps Co has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 9.44%.

E.W. Scripps Co (NASDAQ:SSP)’s Major holders

E.W. Scripps Co insiders hold 17.42% of total outstanding shares, with institutional holders owning 78.35% of the shares at 94.88% float percentage. In total, 78.35% institutions holds shares in the company, led by BLACKROCK INC. As of 2024-06-30, the company held over 4.89 million shares (or 5.7608% of shares), all amounting to roughly $15.36 million.

The next major institution holding the largest number of shares is VANGUARD GROUP INC with 4.43 million shares, or about 5.2173% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $13.91 million.

We also have Vanguard Total Stock Market Index Fund and EQ Advisors Trust-1290 VT Gamco Small Company Value Port as the top two Mutual Funds with the largest holdings of the E.W. Scripps Co (SSP) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 2.3 shares. This is just over 3.35% of the total shares, with a market valuation of $5.2 million. Data from the same date shows that the other fund manager holds a little less at 1.72, or 2.50% of the shares, all valued at about 3.89 million.