Noble Financial Boosts Earnings Estimates for E.W. Scripps

E.W. Scripps Company (The) (NASDAQ:SSP) – Noble Financial upped their Q2 2026 earnings per share (EPS) estimates for shares of E.W. Scripps in a research note issued on Friday, February 27th. Noble Financial analyst M. Kupinski now anticipates that the company will earn $0.17 per share for the quarter, up from their prior estimate of $0.16. The consensus estimate for E.W. Scripps’ current full-year earnings is $1.07 per share. Noble Financial also issued estimates for E.W. Scripps’ Q3 2026 earnings at $0.50 EPS, FY2026 earnings at $0.92 EPS, FY2027 earnings at $0.61 EPS and FY2028 earnings at $1.59 EPS.

A number of other brokerages also recently issued reports on SSP. Zacks Research downgraded E.W. Scripps from a “hold” rating to a “strong sell” rating in a research note on Friday, February 27th. Weiss Ratings restated a “sell (d+)” rating on shares of E.W. Scripps in a report on Monday, December 22nd. Benchmark lifted their price objective on shares of E.W. Scripps from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Finally, Wells Fargo & Company boosted 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 note on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, E.W. Scripps has a consensus rating of “Reduce” and a consensus price target of $6.95.

E.W. Scripps Stock Performance

SSP stock opened at $3.91 on Monday. The company has a quick ratio of 1.61, a current ratio of 1.65 and a debt-to-equity ratio of 2.07. The firm has a market cap of $347.21 million, a PE ratio of -2.09 and a beta of 0.54. The business has a 50 day moving average of $3.65 and a 200-day moving average of $3.35. E.W. Scripps has a 12-month low of $1.36 and a 12-month high of $4.98.

E.W. Scripps (NASDAQ:SSP) last released its quarterly earnings results on Wednesday, February 25th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.52). The firm had revenue of $560.26 million for the quarter, compared to the consensus estimate of $550.82 million. E.W. Scripps had a negative net margin of 4.69% and a negative return on equity of 0.24%.

Institutional Investors Weigh In On E.W. Scripps

Hedge funds and other institutional investors have recently bought and sold shares of the business. Invesco Ltd. grew its position in shares of E.W. Scripps by 1.4% in the fourth quarter. Invesco Ltd. now owns 246,777 shares of the company’s stock valued at $985,000 after purchasing an additional 3,472 shares in the last quarter. Prudential Financial Inc. grew its holdings in E.W. Scripps by 2.4% during the 2nd quarter. Prudential Financial Inc. now owns 182,344 shares of the company’s stock valued at $536,000 after buying an additional 4,342 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of E.W. Scripps by 18.2% during the fourth quarter. MetLife Investment Management LLC now owns 31,297 shares of the company’s stock valued at $125,000 after buying an additional 4,819 shares during the period. Diversified Trust Co. lifted its holdings in shares of E.W. Scripps by 25.8% in the fourth quarter. Diversified Trust Co. now owns 24,845 shares of the company’s stock worth $99,000 after buying an additional 5,101 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of E.W. Scripps by 67.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 14,923 shares of the company’s stock valued at $37,000 after acquiring an additional 5,992 shares during the period. Institutional investors own 67.81% of the company’s stock.

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.