|Bid||20.95 x 1000|
|Ask||29.85 x 800|
|Day's Range||21.40 - 22.01|
|52 Week Range||10.69 - 23.41|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||91.31|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||0.20 (0.91%)|
|1y Target Est||20.50|
CINCINNATI, March 21, 2019 /PRNewswire/ -- For its comprehensive coverage of controversial topics that went beyond the headlines, The E.W. Scripps Company (SSP) is being honored with a Walter Cronkite Award for Excellence in Television Political Journalism. The University of Southern California's Norman Lear Center announced 13 winners for its biennial awards, naming Scripps a winner in the local station group category. Scripps also won in this category in 2017.
"This acquisition represents another step in our plan to improve the depth, reach and durability of our broadcast television station portfolio while adding nicely to the company's free cash flow generation,"
E.W. Scripps Co. plans to add eight television stations to its portfolio, including its first New York City property. The downtown Cincinnati-based media company (Nasdaq: SSP) will purchase the stations, which are in seven different markets, from the Nexstar Media Group Inc. as part of its merger with Tribune Media for a total of $580 million. The deal will expand Scripps’ portfolio to 59 local stations in 42 markets that reach nearly 30 percent of U.S. TV households.
(Reuters) - Nexstar Media Group said on Wednesday it would sell 11 television stations to Tegna Inc and eight to E.W. Scripps Co for about $1.32 billion in cash. Separately, Nexstar said it was in talks ...
The Cincinnati, Ohio-based Scripps said it will pay $505 million for six markets and $75 million for WPIX, the CW affiliate in New York City. Scripps said it plans to finance the acquisition with a mix of term loans and unsecured debt that will raise its total debt to $1.85 billion and leave it with a total leverage ratio net of cash of about five times at closing. In addition, Scripps said it granted Nexstar the option to buy back WPIX in New York City.
Shares of The E.W. Scripps Co. soared 5% in premarket trade Wednesday, after the media company said it is acquiring eight TV stations in seven markets from the Nexstar Media Group Inc. and Tribune Media . Those two companies are selling assets as part of a plan to merge. E.W. Scripps said it will pay $505 million for six markets and $75 million for WPIX, the CW affiliate in New York City. The stations had blended revenue for 2017 to 2018 of $263 million and EBITDA of $56 million. The company is planning to finance the deal with a mix of term loans and unsecured debt, that will raise its total debt to $1.85 billion and leave it with a total leverage ratio net of cash of about 5 times at closing. The company is expecting the deal to expand its presence in Arizona, Florida, Michigan and New York and to add about 769 employees. The company has granted Nexstar the option to buy WPIX back from March 31, 2020 through the end of 2021. E.W. Scripps shares have gained 76% in the last 12 months, while the S&P 500 has gained 4%.
CINCINNATI, March 20, 2019 /PRNewswire/ -- The E.W. Scripps Company (SSP) is acquiring eight television stations in seven markets from the Nexstar Media Group, Inc. (NXST) transaction with Tribune Media (TRCO) as it continues executing its plan to enhance the strength and operating performance of its Local Media portfolio. The acquisition grows the Scripps local television station footprint to 59 stations in 42 markets with a reach of nearly 30 percent of U.S. TV households. It also diversifies Scripps' network affiliations, adding two CBS stations, two Fox stations and four CWs.
CINCINNATI, March 5, 2019 /PRNewswire/ -- Comprehensive multiplatform reporting and collaboration with news outlets are trends among winners of the 2018 Scripps Howard Awards. Today, the Scripps Howard Foundation announces winners of its 66th awards in 15 categories, honoring the best in American journalism from the past year. The Foundation will present more than $170,000 in prize money to the winning organizations and journalists at its annual awards show on April 18 in Cincinnati.
CINCINNATI , March 1, 2019 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) today reported operating results for the fourth quarter of 2018. Total revenue was $368 million compared to $262 million ...
ATLANTA , Feb. 28, 2019 /PRNewswire/ -- According to Jim starring Jim Belushi will be seen weekdays 5:00 - 7:00 p.m. (ET) on Laff beginning Monday, March 4 . Belushi plays an easy going suburban Chicago ...
CINCINNATI , Feb. 26, 2019 /PRNewswire/ -- The New York Times and the South Florida Sun Sentinel in Deerfield Beach, Florida , lead news organizations receiving recognition from the judges of the 66th ...
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E.W. Scripps (SSP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, Feb. 22, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
Hosted by Stitcher and six other top podcast networks, the Winter Podcast Upfront gave advertisers, agencies and media a first look at the newest partnerships, talent and shows slated for 2019, with presentations featuring stars, producers and leading industry executives. Actor and comedian Paul Scheer joined Stitcher Chief Revenue Officer Korri Kolesa to unveil Stitcher's slate of new programming.
ATLANTA , Feb. 14, 2019 /PRNewswire/ -- Bounce has licensed the broadcast television rights to the popular and NAACP Image Award-winning series Moesha and The Game in a multi-year agreement with CBS Television ...
Toyota, P&G and L'Oréal also Partner With 27th Annual Event Celebrating African-American Achievements World Premieres on Bounce Sun., Feb. 17, at 9:00 p.m. ET ATLANTA , Feb. 13, 2019 /PRNewswire/ -- McDonald's ...
ESPN, iHeartRadio, NPR, PMM, Stitcher, WNYC Studios and Wondery will bring marquee podcast talent to unveil industry announcements LOS ANGELES , Feb. 13, 2019 /PRNewswire/ -- Seven of the industry's top ...
E. W. Scripps Co NASDAQ/NGS:SSPView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low and declining Bearish sentimentShort interest | PositiveShort interest is low for SSP with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 28. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding SSP totaled $986 million. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. SSP credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
CINCINNATI, Feb. 7, 2019 /PRNewswire/ -- The E.W. Scripps Company (SSP) today awarded its Give Light Awards, honoring some of the best work from 2018 across the company. "The Give Light Awards were created to recognize the powerful journalism of Scripps employees across the country to improve the lives of those we serve as well as the creativity and problem-solving all of our teams bring to their daily work," Scripps President and CEO Adam Symson said. Creating a Better-Informed World: Charlie Specht, investigative reporter, and Jeff Wick, photographer, from WKBW in Buffalo, New York, for storytelling with the greatest impact.