FY2026 EPS Estimates for E.W. Scripps Decreased by Analyst

The E.W. Scripps Company (NASDAQ:SSP) – Noble Financial lowered their FY2026 earnings estimates for E.W. Scripps in a report issued on Monday, April 7th. Noble Financial analyst M. Kupinski now forecasts that the company will earn $0.76 per share for the year, down from their previous estimate of $0.81. The consensus estimate for E.W. Scripps’ current full-year earnings is $1.07 per share.

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

E.W. Scripps Price Performance

Shares of SSP opened at $2.39 on Tuesday. The company has a market cap of $207.22 million, a P/E ratio of -0.77 and a beta of 0.92. E.W. Scripps has a fifty-two week low of $1.36 and a fifty-two week high of $4.65. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 3.41. The firm’s 50 day moving average price is $2.21 and its 200 day moving average price is $2.25.

Hedge Funds Weigh In On E.W. Scripps

Hedge funds and other institutional investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company acquired a new stake in E.W. Scripps in the fourth quarter valued at approximately $25,000. Heron Bay Capital Management acquired a new position in E.W. Scripps during the 4th quarter worth approximately $25,000. Public Employees Retirement System of Ohio purchased a new stake in shares of E.W. Scripps in the 4th quarter valued at approximately $29,000. Tower Research Capital LLC TRC raised its holdings in shares of E.W. Scripps by 137.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 13,700 shares of the company’s stock valued at $30,000 after purchasing an additional 7,927 shares in the last quarter. Finally, WINTON GROUP Ltd purchased a new stake in shares of E.W. Scripps during the 4th quarter worth $30,000. Hedge funds and other institutional investors own 67.81% of the company’s stock.

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.