E.W. Scripps (NASDAQ:SSP) Given New $10.00 Price Target at Benchmark

E.W. Scripps (NASDAQ:SSP) had its price target lifted by Benchmark from $8.00 to $10.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Benchmark’s price target would suggest a potential upside of 154.13% from the stock’s current price.

A number of other equities research analysts have also recently commented on SSP. Wells Fargo & Company increased their target price on shares of E.W. Scripps from $3.00 to $3.90 and gave the company an “equal weight” rating in a research report on Thursday, January 22nd. Weiss Ratings restated a “sell (d+)” rating on shares of E.W. Scripps in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $6.95.

E.W. Scripps Price Performance

Shares of SSP stock traded up $0.25 on Friday, reaching $3.94. 454,392 shares of the company were exchanged, compared to its average volume of 471,356. E.W. Scripps has a 1 year low of $1.36 and a 1 year high of $4.98. The company has a debt-to-equity ratio of 3.13, a quick ratio of 1.61 and a current ratio of 1.61. The business has a 50-day moving average price of $3.67 and a 200 day moving average price of $3.32. The company has a market cap of $349.43 million, a price-to-earnings ratio of -2.10 and a beta of 0.62.

E.W. Scripps (NASDAQ:SSP) last posted its quarterly earnings data on Wednesday, February 25th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.52). The firm had revenue of $560.26 million during the quarter, compared to analyst estimates of $550.82 million. E.W. Scripps had a negative return on equity of 0.26% and a negative net margin of 4.69%. Equities research analysts forecast that E.W. Scripps will post 1.07 earnings per share for the current fiscal year.

Institutional Investors Weigh In On E.W. Scripps

A number of institutional investors have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its holdings in shares of E.W. Scripps by 22.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,722,317 shares of the company’s stock worth $18,842,000 after acquiring an additional 871,159 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in E.W. Scripps by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,671,714 shares of the company’s stock worth $14,650,000 after acquiring an additional 60,729 shares in the last quarter. Penn Capital Management Company LLC lifted its stake in E.W. Scripps by 151.7% during the 3rd quarter. Penn Capital Management Company LLC now owns 3,599,606 shares of the company’s stock worth $8,864,000 after acquiring an additional 2,169,640 shares in the last quarter. Gamco Investors INC. ET AL grew its position in E.W. Scripps by 0.7% in the 4th quarter. Gamco Investors INC. ET AL now owns 2,442,039 shares of the company’s stock valued at $9,744,000 after acquiring an additional 16,359 shares in the last quarter. Finally, New York State Common Retirement Fund increased its stake in E.W. Scripps by 142.3% during the third quarter. New York State Common Retirement Fund now owns 2,318,987 shares of the company’s stock worth $5,705,000 after purchasing an additional 1,361,721 shares during the period. 67.81% of the stock is currently owned by institutional investors and hedge funds.

More E.W. Scripps News

Here are the key news stories impacting E.W. Scripps this week:

• Positive Sentiment: Board extends CEO Adam Symson’s employment agreement, signaling management continuity as Scripps pursues transformation and expansion — a governance/strategy positive that can support investor confidence. Article Title
• Neutral Sentiment: Noble Financial published quarterly EPS forecasts for FY2026 showing a trough in Q1 (-$0.18) with recovery through the year (Q2 $0.16, Q3 $0.49, Q4 $0.46) and an FY estimate near $1.07 — this provides a path to profitability but depends on execution and advertising/retransmission trends. Article Title
• Neutral Sentiment: Earnings materials and the full call transcript are available for deeper read-throughs of management commentary on cost moves, ad demand and strategic initiatives — useful for modeling near-term cash flow and margin recovery. Earnings Call Transcript
• Negative Sentiment: Q4 2025 was mixed: revenue beat estimates ($560.3M vs. ~$550.8M consensus) but EPS missed badly (-$0.06 vs. $0.46 expected). The miss and negative net margin/ROE highlight near-term profitability pressure and likely drove volatility around the print. Press Release

E.W. Scripps Company Profile

The E.W. Scripps Company is a diversified U.S. media organization headquartered in Cincinnati, Ohio. Established in 1878 by Edward Willis Scripps, the company began as a newspaper publisher before expanding into broadcast television, cable networks and digital journalism. Today, Scripps combines a legacy of local news reporting with a growing portfolio of national cable channels and digital platforms.

Scripps operates more than 60 television stations across over 40 markets, delivering local news, weather, sports and entertainment programming to communities in both large and mid-sized U.S.