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E.W. Scripps upgraded to Overweight from Underweight at Huber Research » 17:41
05/18/21
05/18
17:41
05/18/21
17:41
SSP

E.W. Scripps

$20.66 /

+0.1 (+0.49%)

Huber Research analyst…

Huber Research analyst Craig Huber earlier upgraded E.W. Scripps to Overweight from Underweight with a $28 price target.

ShowHide Related Items >><<
SSP E.W. Scripps
$20.66 /

+0.1 (+0.49%)

SSP E.W. Scripps
$20.66 /

+0.1 (+0.49%)

10/22/20
Fly Intel: Top five analyst initiations
10/22/20 Guggenheim
E.W. Scripps resumed with a Buy at Guggenheim
07/07/20
Stitcher would help Sirius 'future-proof' business, says B. Riley FBR
06/25/20 Benchmark
Benchmark sees material benefits if E.W. Scripps sells Stitcher
SSP E.W. Scripps
$20.66 /

+0.1 (+0.49%)

SSP E.W. Scripps
$20.66 /

+0.1 (+0.49%)

Hot Stocks
E.W. Scripps says Octane OTT sales team, Amazon Advertising to work together » 10:32
05/18/21
05/18
10:32
05/18/21
10:32
SSP

E.W. Scripps

$20.62 /

+0.06 (+0.29%)

, AMZN

Amazon.com

$3,298.50 /

+28.7 (+0.88%)

The E.W. Scripps Company…

The E.W. Scripps Company (SSP) announced it is collaborating with Amazon Advertising (AMZN) to bring its OTT advertising offerings to local businesses. "As part of this new initiative, Scripps' Octane OTT sales team and Amazon Advertising will work together to sell Amazon OTT inventory across IMDb TV, livestreaming service Twitch, top-tier network and broadcaster apps and Amazon's News apps to local businesses. Amazon OTT and Twitch jointly reach an unduplicated monthly audience of 120 million viewers across the U.S. Scripps launched Octane OTT in 2019 as a platform for local advertisers to reach cord-cutting audiences across a variety of premium OTT video brands and services," Scripps stated.

ShowHide Related Items >><<
SSP E.W. Scripps
$20.62 /

+0.06 (+0.29%)

AMZN Amazon.com
$3,298.50 /

+28.7 (+0.88%)

SSP E.W. Scripps
$20.62 /

+0.06 (+0.29%)

10/22/20
Fly Intel: Top five analyst initiations
10/22/20 Guggenheim
E.W. Scripps resumed with a Buy at Guggenheim
07/07/20
Stitcher would help Sirius 'future-proof' business, says B. Riley FBR
06/25/20 Benchmark
Benchmark sees material benefits if E.W. Scripps sells Stitcher
AMZN Amazon.com
$3,298.50 /

+28.7 (+0.88%)

05/18/21 Morgan Stanley
Morgan Stanley says Amazon-MGM would be 'biggest signal yet' of streaming focus
05/18/21 Wells Fargo
Amazon could have interest in diagnostics beyond COVID, says Wells Fargo
05/17/21 Morgan Stanley
Morgan Stanley sees potential for $5,000-$6,000 share price for Amazon
05/12/21 Alliance Global Partners
Alliance Global Partners bullish on Cinedigm, sees Roku among catalysts
SSP E.W. Scripps
$20.62 /

+0.06 (+0.29%)

AMZN Amazon.com
$3,298.50 /

+28.7 (+0.88%)

AMZN Amazon.com
$3,298.50 /

+28.7 (+0.88%)

SSP E.W. Scripps
$20.62 /

+0.06 (+0.29%)

AMZN Amazon.com
$3,298.50 /

+28.7 (+0.88%)

AMZN Amazon.com
$3,298.50 /

+28.7 (+0.88%)

Hot Stocks
E.W. Scripps selects Magnite as preferred CTV SSP » 08:17
05/18/21
05/18
08:17
05/18/21
08:17
SSP

E.W. Scripps

$20.55 /

-0.435 (-2.07%)

, MGNI

Magnite

$25.60 /

+0.64 (+2.56%)

Magnite (MGNI) announced…

Magnite (MGNI) announced The E.W. Scripps Company (SSP) has selected Magnite to serve as the company's preferred sell-side platform across its connected TV inventory. Scripps also will leverage the Magnite platform to give buyers access to its programmatic inventory across all channels.

ShowHide Related Items >><<
SSP E.W. Scripps
$20.55 /

-0.435 (-2.07%)

MGNI Magnite
$25.60 /

+0.64 (+2.56%)

SSP E.W. Scripps
$20.55 /

-0.435 (-2.07%)

10/22/20
Fly Intel: Top five analyst initiations
10/22/20 Guggenheim
E.W. Scripps resumed with a Buy at Guggenheim
07/07/20
Stitcher would help Sirius 'future-proof' business, says B. Riley FBR
06/25/20 Benchmark
Benchmark sees material benefits if E.W. Scripps sells Stitcher
MGNI Magnite
$25.60 /

+0.64 (+2.56%)

05/11/21 Craig-Hallum
Magnite price target lowered to $50 from $72 at Craig-Hallum
05/11/21 Susquehanna
Magnite price target lowered to $46 from $80 at Susquehanna
04/26/21 Stephens
Magnite transferred with an Overweight at Stephens
04/05/21 Evercore ISI
Magnite initiated with an In Line at Evercore ISI
SSP E.W. Scripps
$20.55 /

-0.435 (-2.07%)

MGNI Magnite
$25.60 /

+0.64 (+2.56%)

MGNI Magnite
$25.60 /

+0.64 (+2.56%)

SSP E.W. Scripps
$20.55 /

-0.435 (-2.07%)

MGNI Magnite
$25.60 /

+0.64 (+2.56%)

MGNI Magnite
$25.60 /

+0.64 (+2.56%)

Over a month ago
Earnings
E.W. Scripps reports Q1 EPS (10c) with items, consensus 15c » 07:35
05/07/21
05/07
07:35
05/07/21
07:35
SSP

E.W. Scripps

$21.37 /

+0.04 (+0.19%)

Q1 EPS includes items…

Q1 EPS includes items which decreased income from continuing operations by $29.3M or 36c: an $81.8M gain from the sale of Triton, a $67.2M non-cash adjustment due to the increase in the fair value of the outstanding common stock warrant liability as stock price rose during Q1, acquisition and related integration costs of $28.6M and $7.1M of restructuring costs. Reports Q1 revenue $540.92M, consensus $536.21M. "During Q1, our Local Media and Scripps Networks divisions capitalized on the resurgence of the local and national TV advertising marketplaces with strong sales execution and drove an exceptionally strong start to the year," CEO Adam Symson said. "In Local Media, service-oriented local business advertising continued its momentum from the end of 2020, and we saw significant growth in advertising tied to the number of states legalizing sports betting as well as meaningful new advertising business developed by our sales teams. (...) Retransmission revenue grew 15% (adjusted combined) as we annualize a big reset in household rates last year and due to stabilization of pay TV household counts in the most recent reporting period. In our new Scripps Networks division, we are gaining strong traction in the upfront and scatter markets as well as continued growth in direct response advertising demand and rates. We delivered Q1 margins of more than 40% and expect to maintain margins this year in the 40% range (adjusted combined), other than a dip in Q3 as we invest in the launch of the new networks Defy TV and True Real and prepare to deploy Newsy over the air. The foundation of our acquisition of ION and the creation of our OTA powerhouse networks portfolio is growth in free, over-the-air television viewing that consumers pair with subscription streaming services. Television is a high-free-cash-flow business, and Scripps is creating value today from our two highly profitable operating divisions even as we prepare to capitalize on future industry growth."

ShowHide Related Items >><<
SSP E.W. Scripps
$21.37 /

+0.04 (+0.19%)

SSP E.W. Scripps
$21.37 /

+0.04 (+0.19%)

10/22/20
Fly Intel: Top five analyst initiations
10/22/20 Guggenheim
E.W. Scripps resumed with a Buy at Guggenheim
07/07/20
Stitcher would help Sirius 'future-proof' business, says B. Riley FBR
06/25/20 Benchmark
Benchmark sees material benefits if E.W. Scripps sells Stitcher
SSP E.W. Scripps
$21.37 /

+0.04 (+0.19%)

SSP E.W. Scripps
$21.37 /

+0.04 (+0.19%)

Hot Stocks
Scripps completes sale of Triton to iHeartMedia » 13:02
03/31/21
03/31
13:02
03/31/21
13:02
SSP

E.W. Scripps

$19.11 /

-0.49 (-2.50%)

, IHRT

iHeartMedia

$18.17 /

+0.1 (+0.55%)

The E.W. Scripps Company…

The E.W. Scripps Company (SSP) closed on its sale of Triton to iHeartMedia (IHRT) for $230M. Triton is the global technology and services leader for the digital audio and podcast industry. Scripps bought the company for $150M in 2018, and it has been accretive to segment margins since then. The sale of Triton completes Scripps' high-return exit from podcasting and digital audio. It sold podcast company Stitcher in October. Scripps nearly doubled its return on investments in both companies, and now it is focused on growth strategies in the television business. The company intends to use proceeds from the Triton transaction toward debt reduction.

ShowHide Related Items >><<
SSP E.W. Scripps
$19.11 /

-0.49 (-2.50%)

IHRT iHeartMedia
$18.17 /

+0.1 (+0.55%)

SSP E.W. Scripps
$19.11 /

-0.49 (-2.50%)

10/22/20
Fly Intel: Top five analyst initiations
10/22/20 Guggenheim
E.W. Scripps resumed with a Buy at Guggenheim
07/07/20
Stitcher would help Sirius 'future-proof' business, says B. Riley FBR
06/25/20 Benchmark
Benchmark sees material benefits if E.W. Scripps sells Stitcher
IHRT iHeartMedia
$18.17 /

+0.1 (+0.55%)

03/25/21 Wolfe Research
iHeartMedia upgraded to Outperform from Peer Perform at Wolfe Research
03/16/21 JPMorgan
iHeartMedia upgraded to Neutral from Underweight at JPMorgan
01/19/21 Wells Fargo
iHeartMedia price target raised to $20 from $14 at Wells Fargo
12/18/20 BofA
iHeartMedia cut to Underperform at BofA on low visibility in ad trends
SSP E.W. Scripps
$19.11 /

-0.49 (-2.50%)

IHRT iHeartMedia
$18.17 /

+0.1 (+0.55%)

SSP E.W. Scripps
$19.11 /

-0.49 (-2.50%)

SSP E.W. Scripps
$19.11 /

-0.49 (-2.50%)

IHRT iHeartMedia
$18.17 /

+0.1 (+0.55%)

Over a quarter ago
Conference/Events
E.W. Scripps to host virtual investor event » 09:00
03/03/21
03/03
09:00
03/03/21
09:00
SSP

E.W. Scripps

$20.32 /

+0.07 (+0.35%)

Virtual Investor Event…

Virtual Investor Event with President & CEO Symson, CFO Combs, Local Media President Lawlor and National Networks President Knutson discuss the company's growth strategies and new composition as a full-scale local and national television broadcaster, on March 3 at 10 am. Webcast Link

ShowHide Related Items >><<
SSP E.W. Scripps
$20.32 /

+0.07 (+0.35%)

SSP E.W. Scripps
$20.32 /

+0.07 (+0.35%)

10/22/20
Fly Intel: Top five analyst initiations
10/22/20 Guggenheim
E.W. Scripps resumed with a Buy at Guggenheim
07/07/20
Stitcher would help Sirius 'future-proof' business, says B. Riley FBR
06/25/20 Benchmark
Benchmark sees material benefits if E.W. Scripps sells Stitcher
SSP E.W. Scripps
$20.32 /

+0.07 (+0.35%)

SSP E.W. Scripps
$20.32 /

+0.07 (+0.35%)

SSP E.W. Scripps
$20.32 /

+0.07 (+0.35%)

On The Fly
Fly Intel: Pre-market Movers » 09:03
02/26/21
02/26
09:03
02/26/21
09:03
DKNG

DraftKings

$57.85 /

-2.45 (-4.06%)

, AMCX

AMC Networks

$53.09 /

-1.3 (-2.39%)

, BLDR

Builders FirstSource

$40.55 /

-1.88 (-4.43%)

, SSP

E.W. Scripps

$18.37 /

-1.3 (-6.61%)

, BYND

Beyond Meat

$143.89 /

-8.21 (-5.40%)

, FL

Foot Locker

$52.74 /

-2.015 (-3.68%)

, CNK

Cinemark

$22.80 /

-1.33 (-5.51%)

, CRI

Carter's

$94.66 /

+0.59 (+0.63%)

, FLR

Fluor

$19.80 /

-1.135 (-5.42%)

, SPCE

Virgin Galactic

$42.37 /

-3.71 (-8.05%)

, DASH

DoorDash

$167.40 /

-8.83 (-5.01%)

, CRM

Salesforce

$231.11 /

-9.45 (-3.93%)

Check out this morning's…

ShowHide Related Items >><<
SSP E.W. Scripps
$18.37 /

-1.3 (-6.61%)

SPCE Virgin Galactic
$42.37 /

-3.71 (-8.05%)

FLR Fluor
$19.80 /

-1.135 (-5.42%)

FL Foot Locker
$52.74 /

-2.015 (-3.68%)

DKNG DraftKings
$57.85 /

-2.45 (-4.06%)

DASH DoorDash
$167.40 /

-8.83 (-5.01%)

CRM Salesforce
$231.11 /

-9.45 (-3.93%)

CRI Carter's
$94.66 /

+0.59 (+0.63%)

CNK Cinemark
$22.80 /

-1.33 (-5.51%)

BYND Beyond Meat
$143.89 /

-8.21 (-5.40%)

BLDR Builders FirstSource
$40.55 /

-1.88 (-4.43%)

AMCX AMC Networks
$53.09 /

-1.3 (-2.39%)

DKNG DraftKings
$57.85 /

-2.45 (-4.06%)

02/19/21 Oppenheimer
DraftKings price target raised to $80 from $65 at Oppenheimer
02/09/21 Morgan Stanley
Morgan Stanley says legalized sports betting in Texas this year has 'slim' odds
02/09/21 Craig-Hallum
Scientific Games Digital segment still 'underappreciated,' says Craig-Hallum
02/01/21 Benchmark
DraftKings price target raised to $66 ahead of earnings at Benchmark
AMCX AMC Networks
$53.09 /

-1.3 (-2.39%)

01/28/21 Macquarie
AMC Networks downgraded to Neutral on valuation at Macquarie
01/28/21 Macquarie
AMC Networks downgraded to Neutral from Outperform at Macquarie
01/15/21 MoffettNathanson
AMC Networks price target raised to $48 from $29 at MoffettNathanson
12/10/20 Deutsche Bank
AMC Networks price target raised to $32 from $30 at Deutsche Bank
BLDR Builders FirstSource
$40.55 /

-1.88 (-4.43%)

01/13/21 BMO Capital
Builders FirstSource initiated with an Outperform at BMO Capital
01/13/21
Fly Intel: Top five analyst initiations
01/13/21 Baird
Baird starts Builders FirstSource at Outperform with $50 price target
01/12/21 Baird
Builders FirstSource initiated with an Outperform at Baird
SSP E.W. Scripps
$18.37 /

-1.3 (-6.61%)

10/22/20
Fly Intel: Top five analyst initiations
10/22/20 Guggenheim
E.W. Scripps resumed with a Buy at Guggenheim
07/07/20
Stitcher would help Sirius 'future-proof' business, says B. Riley FBR
06/25/20 Benchmark
Benchmark sees material benefits if E.W. Scripps sells Stitcher
BYND Beyond Meat
$143.89 /

-8.21 (-5.40%)

02/26/21 UBS
Beyond Meat price target raised to $130 from $107 at UBS
02/26/21 Goldman Sachs
Beyond Meat price target raised to $112 from $105 at Goldman Sachs
02/03/21
Fly Intel: Top five analyst downgrades
02/03/21 DA Davidson
Beyond Meat downgraded to Underperform from Neutral at DA Davidson
FL Foot Locker
$52.74 /

-2.015 (-3.68%)

02/22/21
Fly Intel: Top five analyst initiations
02/22/21
Fly Intel: Top five analyst upgrades
02/22/21 Evercore ISI
Evercore upgrades Foot Locker to Outperform on 'cemented' sneaker position
02/22/21 Evercore ISI
Foot Locker upgraded to Outperform from In Line at Evercore ISI
CNK Cinemark
$22.80 /

-1.33 (-5.51%)

02/23/21 Wedbush
Cinemark price target raised to $28 from $15 at Wedbush
02/01/21 MKM Partners
Cinemark downgraded to Neutral from Buy at MKM Partners
02/01/21 MKM Partners
Cinemark downgraded to Neutral from Buy at MKM Partners
01/25/21 Goldman Sachs
Cinemark price target raised to $16 from $11 at Goldman Sachs
CRI Carter's
$94.66 /

+0.59 (+0.63%)

01/15/21 B. Riley
Carter's price target raised to $118 from $103 at B. Riley Securities
01/13/21
Fly Intel: Top five analyst downgrades
01/13/21 Wells Fargo
Carter's downgraded to Equal Weight at Wells Fargo
01/13/21 Wells Fargo
Carter's downgraded to Equal Weight from Overweight at Wells Fargo
FLR Fluor
$19.80 /

-1.135 (-5.42%)

01/21/21 Vertical Research
Fluor upgraded to Buy on turnaround plan at Vertical Research
01/21/21 Vertical Research
Fluor upgraded to Buy from Hold at Vertical Research
01/19/21 Citi
Fluor price target raised to $22 from $19 at Citi
12/11/20 DA Davidson
Fluor price target raised to $15 from $12 at DA Davidson
SPCE Virgin Galactic
$42.37 /

-3.71 (-8.05%)

02/26/21 UBS
Virgin Galactic price target lowered to $40 from $52 at UBS
02/09/21 UBS
Virgin Galactic downgraded to Neutral from Buy at UBS
02/01/21
Fly Intel: Top five analyst downgrades
02/01/21 Morgan Stanley
Morgan Stanley downgrades Virgin Galactic to Equal Weight, sees 35% downside
DASH DoorDash
$167.40 /

-8.83 (-5.01%)

02/26/21 Susquehanna
DoorDash routlook noisy but positive momentum remains, says Susquehanna
02/26/21 Mizuho
DoorDash price target raised to $170 from $155 at Mizuho
02/22/21 Truist
DoorDash price target raised to $210 from $190 at Truist
02/08/21 Deutsche Bank
Deutsche keeps $80 target on Uber, says add to positions
CRM Salesforce
$231.11 /

-9.45 (-3.93%)

02/23/21 Cowen
Salesforce survey points to a strong quarter, says Cowen
02/17/21 Mizuho
Salesforce price target raised to $290 from $275 at Mizuho
01/25/21
Fly Intel: Top five analyst upgrades
01/25/21 Loop Capital
Salesforce upgraded to Hold from Sell at Loop Capital
SSP E.W. Scripps
$18.37 /

-1.3 (-6.61%)

SPCE Virgin Galactic
$42.37 /

-3.71 (-8.05%)

FLR Fluor
$19.80 /

-1.135 (-5.42%)

FL Foot Locker
$52.74 /

-2.015 (-3.68%)

DKNG DraftKings
$57.85 /

-2.45 (-4.06%)

DASH DoorDash
$167.40 /

-8.83 (-5.01%)

CRM Salesforce
$231.11 /

-9.45 (-3.93%)

CRI Carter's
$94.66 /

+0.59 (+0.63%)

CNK Cinemark
$22.80 /

-1.33 (-5.51%)

BYND Beyond Meat
$143.89 /

-8.21 (-5.40%)

BLDR Builders FirstSource
$40.55 /

-1.88 (-4.43%)

AMCX AMC Networks
$53.09 /

-1.3 (-2.39%)

  • 10
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    May
SSP E.W. Scripps
$18.37 /

-1.3 (-6.61%)

SPCE Virgin Galactic
$42.37 /

-3.71 (-8.05%)

DKNG DraftKings
$57.85 /

-2.45 (-4.06%)

DASH DoorDash
$167.40 /

-8.83 (-5.01%)

CRM Salesforce
$231.11 /

-9.45 (-3.93%)

CNK Cinemark
$22.80 /

-1.33 (-5.51%)

BYND Beyond Meat
$143.89 /

-8.21 (-5.40%)

BLDR Builders FirstSource
$40.55 /

-1.88 (-4.43%)

AMCX AMC Networks
$53.09 /

-1.3 (-2.39%)

SSP E.W. Scripps
$18.37 /

-1.3 (-6.61%)

SPCE Virgin Galactic
$42.37 /

-3.71 (-8.05%)

FLR Fluor
$19.80 /

-1.135 (-5.42%)

FL Foot Locker
$52.74 /

-2.015 (-3.68%)

DKNG DraftKings
$57.85 /

-2.45 (-4.06%)

DASH DoorDash
$167.40 /

-8.83 (-5.01%)

CRM Salesforce
$231.11 /

-9.45 (-3.93%)

CRI Carter's
$94.66 /

+0.59 (+0.63%)

CNK Cinemark
$22.80 /

-1.33 (-5.51%)

BYND Beyond Meat
$143.89 /

-8.21 (-5.40%)

BLDR Builders FirstSource
$40.55 /

-1.88 (-4.43%)

AMCX AMC Networks
$53.09 /

-1.3 (-2.39%)

SPCE Virgin Galactic
$42.37 /

-3.71 (-8.05%)

FLR Fluor
$19.80 /

-1.135 (-5.42%)

FL Foot Locker
$52.74 /

-2.015 (-3.68%)

DKNG DraftKings
$57.85 /

-2.45 (-4.06%)

DASH DoorDash
$167.40 /

-8.83 (-5.01%)

CRM Salesforce
$231.11 /

-9.45 (-3.93%)

CNK Cinemark
$22.80 /

-1.33 (-5.51%)

BYND Beyond Meat
$143.89 /

-8.21 (-5.40%)

AMCX AMC Networks
$53.09 /

-1.3 (-2.39%)

Earnings
E.W. Scripps reports Q4 EPS $1.35, consensus $1.28 » 07:33
02/26/21
02/26
07:33
02/26/21
07:33
SSP

E.W. Scripps

$18.37 /

-1.3 (-6.61%)

Reports Q4 revenue $591M,…

Reports Q4 revenue $591M, consensus $570.48M.

ShowHide Related Items >><<
SSP E.W. Scripps
$18.37 /

-1.3 (-6.61%)

SSP E.W. Scripps
$18.37 /

-1.3 (-6.61%)

10/22/20
Fly Intel: Top five analyst initiations
10/22/20 Guggenheim
E.W. Scripps resumed with a Buy at Guggenheim
07/07/20
Stitcher would help Sirius 'future-proof' business, says B. Riley FBR
06/25/20 Benchmark
Benchmark sees material benefits if E.W. Scripps sells Stitcher
SSP E.W. Scripps
$18.37 /

-1.3 (-6.61%)

SSP E.W. Scripps
$18.37 /

-1.3 (-6.61%)

SSP E.W. Scripps
$18.37 /

-1.3 (-6.61%)

Hot Stocks
E.W. Scripps board chairman Rich Boehne to retire, Kim Williams to succeed » 09:04
02/18/21
02/18
09:04
02/18/21
09:04
SSP

E.W. Scripps

$18.51 /

+0.97 (+5.53%)

Rich Boehne has notified…

Rich Boehne has notified the board of directors of The E.W. Scripps Company that he will step down as chairman and retire from the board when his term expires on May 3. Kim Williams will become chair of the board, effective the same date. Williams has served as a director of the board since 2008 and the board's independent lead director - elected by public, Class A shareholders - since 2018.

ShowHide Related Items >><<
SSP E.W. Scripps
$18.51 /

+0.97 (+5.53%)

SSP E.W. Scripps
$18.51 /

+0.97 (+5.53%)

10/22/20
Fly Intel: Top five analyst initiations
10/22/20 Guggenheim
E.W. Scripps resumed with a Buy at Guggenheim
07/07/20
Stitcher would help Sirius 'future-proof' business, says B. Riley FBR
06/25/20 Benchmark
Benchmark sees material benefits if E.W. Scripps sells Stitcher
SSP E.W. Scripps
$18.51 /

+0.97 (+5.53%)

SSP E.W. Scripps
$18.51 /

+0.97 (+5.53%)

SSP E.W. Scripps
$18.51 /

+0.97 (+5.53%)

Hot Stocks
E.W. Scripps to sell Triton Digital to iHeartMedia for $230M » 08:03
02/17/21
02/17
08:03
02/17/21
08:03
SSP

E.W. Scripps

$17.58 /

+0.1 (+0.57%)

, IHRT

iHeartMedia

$14.80 /

-0.1 (-0.67%)

The E.W. Scripps (SSP)…

The E.W. Scripps (SSP) has entered into an agreement with iHeartMedia IHRT) to sell Triton Digital for $230M, a cash-on-cash return of 1.6x for a business Scripps acquired in late 2018. Triton is the global technology and services leader for the digital audio and podcast industry. Scripps bought the company for $150M, and it has been accretive to segment margins since then. Scripps CFO Jason Combs said the company would use proceeds from the Triton sale to pay down debt. The Triton transaction is expected to close in the first quarter, pending Hart-Scott-Rodino clearance.

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SSP E.W. Scripps
$17.58 /

+0.1 (+0.57%)

IHRT iHeartMedia
$14.80 /

-0.1 (-0.67%)

SSP E.W. Scripps
$17.58 /

+0.1 (+0.57%)

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06/25/20 Benchmark
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IHRT iHeartMedia
$14.80 /

-0.1 (-0.67%)

01/19/21 Wells Fargo
iHeartMedia price target raised to $20 from $14 at Wells Fargo
12/18/20 BofA
iHeartMedia cut to Underperform at BofA on low visibility in ad trends
12/18/20 BofA
iHeartMedia downgraded to Underperform from Neutral at BofA
07/24/20 B. Riley
iHeartMedia price target raised to $11 from $8.50 at B. Riley FBR
SSP E.W. Scripps
$17.58 /

+0.1 (+0.57%)

IHRT iHeartMedia
$14.80 /

-0.1 (-0.67%)

SSP E.W. Scripps
$17.58 /

+0.1 (+0.57%)

IHRT iHeartMedia
$14.80 /

-0.1 (-0.67%)

SSP E.W. Scripps
$17.58 /

+0.1 (+0.57%)

IHRT iHeartMedia
$14.80 /

-0.1 (-0.67%)

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