In the last trading session, 1.07 million E.W. Scripps Co (NASDAQ:SSP) shares changed hands as the company’s beta touched 1.00. With the company’s per share price at $2.38 changed hands at -$0.17 or -6.67% during last session, the market valuation stood at $208.35M. SSP’s last price was a discount, traded about -95.38% off its 52-week high of $4.65. The share price had its 52-week low at $1.36, which suggests the last value was 42.86% up since then. When we look at E.W. Scripps Co’s average trading volume, we note the 10-day average is 1.42 million shares, with the 3-month average coming to 1.21 million.
Analysts gave the E.W. Scripps Co (SSP) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.60. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended SSP as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. E.W. Scripps Co’s EPS for the current quarter is expected to be 0.
E.W. Scripps Co (NASDAQ:SSP) trade information
Instantly SSP was in red as seen at the end of in last trading. With action -24.20%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 7.69%, with the 5-day performance at -24.20% in the red. However, in the 30-day time frame, E.W. Scripps Co (NASDAQ:SSP) is 60.81% up. Looking at the short shares, we see there were 2.64 million shares sold at short interest cover period of 1.38 days.
E.W. Scripps Co (SSP) estimates and forecasts
Year-over-year growth is forecast to reach -13.60% down from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 520.04M. 5 analysts are of the opinion that E.W. Scripps Co’s revenue for the current quarter will be 542.51M. The company’s revenue for the corresponding quarters a year ago was 561.46M and 573.63M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -7.38%. The estimates for the next quarter sales put growth at -5.42%.
The 2025 estimates are for E.W. Scripps Co earnings to decrease by -187.16%.
SSP Dividends
E.W. Scripps Co is expected to release its next quarterly earnings report on 2025-Mar-10. During the past 5 years, the average dividend yield was 9.44 per year.
E.W. Scripps Co (NASDAQ:SSP)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 17.52% of E.W. Scripps Co shares while 72.57% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 87.98%. There are 72.57% institutions holding the E.W. Scripps Co stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 5.7082% of the shares, roughly 4.89 million SSP shares worth $15.36 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 5.2173% or 4.43 million shares worth $13.91 million as of 2024-06-30.
