Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Scripps Networks Interactive (SNI) Share Price

Press coverage about Scripps Networks Interactive (NASDAQ:SNI) has trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Scripps Networks Interactive earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.9215145939631 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Scripps Networks Interactive (NASDAQ:SNI) traded down $0.09 on Wednesday, reaching $85.59. 284,811 shares of the company’s stock were exchanged, compared to its average volume of 1,594,428. The company has a quick ratio of 3.19, a current ratio of 3.19 and a debt-to-equity ratio of 0.90. The stock has a market cap of $11,080.00, a P/E ratio of 18.37, a price-to-earnings-growth ratio of 2.16 and a beta of 1.45. Scripps Networks Interactive has a 1 year low of $64.87 and a 1 year high of $88.45.

Scripps Networks Interactive (NASDAQ:SNI) last posted its quarterly earnings data on Wednesday, November 1st. The company reported $1.05 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.09. The firm had revenue of $825.53 million for the quarter, compared to the consensus estimate of $838.63 million. Scripps Networks Interactive had a net margin of 17.46% and a return on equity of 27.04%. During the same period in the previous year, the firm earned $1.26 EPS. sell-side analysts forecast that Scripps Networks Interactive will post 5.53 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Sunday, December 10th. Shareholders of record on Thursday, November 30th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date was Wednesday, November 29th. Scripps Networks Interactive’s dividend payout ratio is 12.88%.

Several analysts recently issued reports on SNI shares. Royal Bank of Canada set a $90.00 price target on shares of Scripps Networks Interactive and gave the company a “hold” rating in a research report on Friday, October 20th. BidaskClub downgraded shares of Scripps Networks Interactive from a “buy” rating to a “hold” rating in a research report on Saturday, September 2nd. Cowen reissued a “hold” rating and issued a $90.00 price target on shares of Scripps Networks Interactive in a research report on Friday, September 8th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of Scripps Networks Interactive in a research report on Tuesday, September 12th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $85.62.

In other Scripps Networks Interactive news, Director Michael R. Costa sold 18,955 shares of Scripps Networks Interactive stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $83.64, for a total transaction of $1,585,396.20. Following the transaction, the director now directly owns 13,035 shares of the company’s stock, valued at approximately $1,090,247.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeffrey Sagansky sold 1,077 shares of Scripps Networks Interactive stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $79.61, for a total transaction of $85,739.97. Following the transaction, the director now directly owns 7,520 shares in the company, valued at $598,667.20. The disclosure for this sale can be found here. 2.50% of the stock is owned by insiders.

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About Scripps Networks Interactive

Scripps Networks Interactive, Inc is a developer of lifestyle-oriented content, providing primarily home, food, travel and other lifestyle-related programing. The Company’s content is distributed through multiple methods, including television, the Internet, digital platforms and licensing arrangements.

Insider Buying and Selling by Quarter for Scripps Networks Interactive (NASDAQ:SNI)

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