The E.W. Scripps Company (SSP, Financial) has finalized a multi-year media rights deal with the Tampa Bay Lightning, set to commence with the 2025-26 NHL season. Under this new arrangement, Scripps will handle the production and distribution of all Lightning games, including preseason, regular season, and select first-round playoff matches, except those designated for national broadcasts. This strategic partnership aims to enhance the team’s media coverage and accessibility for fans.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for The E W Scripps Co (SSP, Financial) is $5.45 with a high estimate of $10.00 and a low estimate of $1.00. The average target implies an
upside of 114.99%
from the current price of $2.54. More detailed estimate data can be found on the The E W Scripps Co (SSP) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, The E W Scripps Co’s (SSP, Financial) average brokerage recommendation is currently 2.8, indicating “Hold” status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for The E W Scripps Co (SSP, Financial) in one year is $6.93, suggesting a
upside
of 173.37% from the current price of $2.535. GF Value is GuruFocus’ estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business’ performance. More detailed data can be found on the The E W Scripps Co (SSP) Summary page.
SSP Key Business Developments
Release Date: May 09, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points The E W Scripps Co (SSP, Financial) outperformed financial expectations in Q1 2025 despite economic headwinds.Successfully completed re-transmission negotiations covering 25% of legacy pay TV households.Connected TV revenue increased by a strong 42% in the quarter.Scripps Networks division achieved a significant 16% decrease in expenses, leading to the highest margins since Q4 2022 at 32%.Completed refinancing transactions, extending debt maturity and positioning the company well for the near term. Negative Points Local media division revenue was down 7.8% from the previous year.Core advertising revenue decreased by 3% due to economic uncertainty.Local distribution revenue declined by 5% year over year.EPS for the quarter was a $0.22 loss, impacted by preferred stock dividends and restructuring charges.Net leverage at the end of Q1 was 4.9 times, indicating a high level of debt.