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Lee Enterprises ( (LEE) ) just unveiled an announcement.
On November 21, 2025, Lee Enterprises announced the resignation of Tim Millage, its Vice President, Chief Financial Officer, and Treasurer, effective February 28, 2026. Millage is leaving to pursue a role in church ministry, specifically as an Executive Pastor at Coram Deo Bible Church in Davenport, Iowa. The company has initiated a search for his replacement and Millage will provide consulting services until May 31, 2026. His departure is not due to any disagreements with the company, and he expressed confidence in Lee’s strategic direction, particularly its Three Pillar Digital Growth Strategy. This strategy has been successful in transforming revenue composition and positioning the company for long-term value creation.
The most recent analyst rating on (LEE) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Lee Enterprises stock, see the LEE Stock Forecast page.
Spark’s Take on LEE Stock
According to Spark, TipRanks’ AI Analyst, LEE is a Neutral.
Lee Enterprises faces significant financial challenges, with declining profitability and high leverage being the most critical issues. While the earnings call showed promise in digital growth and cost management, the overall financial instability and bearish technical indicators weigh heavily on the stock’s outlook.
To see Spark’s full report on LEE stock, click here.
More about Lee Enterprises
Lee Enterprises is a prominent subscription and advertising platform, providing local news and information through daily newspapers, digital products, and nearly 350 weekly and specialty publications across 72 markets in 25 states. The company is committed to delivering valuable local news to communities, with markets including St. Louis, MO; Buffalo, NY; Omaha, NE; Richmond, VA; Lincoln, NE; Madison, WI; Davenport, IA; and Tucson, AZ. Lee’s common stock is traded on NASDAQ under the symbol LEE.
Average Trading Volume: 48,405
Technical Sentiment Signal: Sell
Current Market Cap: $27.87M
Learn more about LEE stock on TipRanks’ Stock Analysis page.