Scripps Networks Interactive (SNI) Earning Somewhat Favorable Press Coverage, Analysis Finds

Media headlines about Scripps Networks Interactive (NASDAQ:SNI) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Scripps Networks Interactive earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.2358434079185 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

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

A number of equities research analysts have recently weighed in on SNI shares. KeyCorp restated a “hold” rating on shares of Scripps Networks Interactive in a report on Friday, August 25th. BidaskClub lowered shares of Scripps Networks Interactive from a “sell” rating to a “strong sell” rating in a report on Friday, October 13th. Royal Bank Of Canada set a $90.00 price objective on shares of Scripps Networks Interactive and gave the company a “hold” rating in a report on Friday, October 20th. Sanford C. Bernstein restated a “market perform” rating on shares of Scripps Networks Interactive in a report on Tuesday, September 12th. Finally, Morgan Stanley raised their price objective on shares of Scripps Networks Interactive from $82.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, August 24th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $85.62.

Shares of Scripps Networks Interactive (NASDAQ SNI) traded up $0.16 during trading hours on Thursday, reaching $81.67. 510,550 shares of the company traded hands, compared to its average volume of 1,629,923. Scripps Networks Interactive has a 12-month low of $64.87 and a 12-month high of $88.45. The company has a debt-to-equity ratio of 0.90, a current ratio of 3.19 and a quick ratio of 3.19. The firm has a market cap of $10,610.00, a price-to-earnings ratio of 15.21, a P/E/G ratio of 2.07 and a beta of 1.45.

Scripps Networks Interactive (NASDAQ:SNI) last announced its quarterly earnings results on Wednesday, November 1st. The company reported $1.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.09. Scripps Networks Interactive had a net margin of 17.46% and a return on equity of 27.04%. The firm had revenue of $825.53 million for the quarter, compared to analyst estimates of $838.63 million. During the same period last year, the business earned $1.26 EPS. research analysts anticipate that Scripps Networks Interactive will post 5.53 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, December 10th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend is Wednesday, November 29th. Scripps Networks Interactive’s payout ratio is currently 12.85%.

In other Scripps Networks Interactive news, Director Jeffrey Sagansky sold 1,077 shares of the firm’s stock in a transaction on Friday, November 3rd. The shares were 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 of the company’s stock, valued at approximately $598,667.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.50% of the company’s stock.

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Scripps Networks Interactive Company Profile

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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