E. W. Scripps Company Class A ( (SSP) ) has shared an update.
On April 10, 2025, The E.W. Scripps Company completed a series of refinancing transactions to enhance its financial flexibility and extend debt maturities. The company refinanced its existing term loans and revolving credit facilities, establishing new credit agreements and a $450 million accounts receivable securitization facility. These transactions eliminate previous debt obligations and provide Scripps with a stronger balance sheet, allowing it to continue executing strategic initiatives.
Spark’s Take on SSP Stock
According to Spark, TipRanks’ AI Analyst, SSP is a Outperform.
E. W. Scripps Company demonstrates strong financial resilience with substantial revenue growth and improved leverage. The stock is technically strong with bullish momentum, and it appears undervalued, providing potential for appreciation. While challenges exist in core advertising, strategic initiatives in refinancing and margin improvement are promising for future growth.
To see Spark’s full report on SSP stock, click here.
More about E. W. Scripps Company Class A
The E.W. Scripps Company is a diversified media company and one of the largest local TV broadcasters in the United States. It operates over 60 stations in more than 40 markets, providing quality local journalism and national news through outlets like Scripps News and Court TV. Scripps also offers popular entertainment brands such as ION, ION Plus, and Bounce, and is the largest holder of broadcast spectrum in the nation. Additionally, its Scripps Sports division supports professional and college sports with extensive market reach.
YTD Price Performance: -11.90%
Average Trading Volume: 1,247,367
Technical Sentiment Signal: Buy
Current Market Cap: $209.2M
Learn more about SSP stock on TipRanks’ Stock Analysis page.