2025 Canada Cup Women's Softball: Canada vs Czechia
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Globe and Mail
an hour ago
- Globe and Mail
The E.W. Scripps Company Rises 51% YTD: Should You Buy the Stock Now?
The E.W. Scripps Company SSP shares have rallied 51.1% in the year-to-date (YTD) period, outperforming the Zacks Broadcast Radio and Television industry's growth of 34.1% and the Zacks Consumer Discretionary sector's return of 12.4%. SSP has also outperformed its competitors, Nexstar Media Group NXST, Sinclair SBGI and Paramount Global PARA. NXST and PARA shares have returned 14.7% and 23.3% YTD, respectively, while SBGI has lost 8.4%. SSP shares have been riding on the momentum of strong execution in its live sports and Connected TV (CTV) strategies, coupled with disciplined cost management. The company has renewed its partnerships in women's sports and expanded its line-up with new events, strengthening advertiser demand. These initiatives, along with a clear focus on debt reduction and operational efficiency, have bolstered investor confidence. Let's delve deeper into some of the factors that are helping SSP to understand why the stock is a buy now. SSP's YTD Price Performance SSP Expands Its Sports Line-Up With New Partnerships SSP is doubling down on its sports programming strategy with two powerful moves that strengthen its reach and improve audience engagement. A renewed multi-year deal with the WNBA ensures that ION remains the league's national home for Friday night games, including its exclusive studio show. With growing viewership and fan enthusiasm, this partnership solidifies SSP's foothold in live women's sports. At the same time, SSP has signed a new agreement to broadcast Tampa Bay Lightning games at no cost to viewers. By launching a new local station, The Spot - Tampa Bay 66, and pairing it with app-based streaming, SSP is creating a viewing experience both on-air and online. This hybrid model improves viewer loyalty and opens new advertising and distribution opportunities. Together, these deals are likely to support top-line growth through increased ad sales and strengthen SSP's position in live sports. SSP Rides on Scripps Networks' Improving Margins The E.W. Scripps Company is holding its ground in the competitive national network and CTV space, even as rivals like Nexstar Media Group, Sinclair and Paramount Global step up their efforts. Nexstar is bolstering its live sports presence with branded segments during NASCAR broadcasts on The CW, aiming to capture premium ad dollars. Sinclair, meanwhile, has seen rapid momentum from its multicast networks thanks to rebranding and fan-first programming events. Paramount Global continues to scale Pluto TV, strengthening its grip on the FAST ecosystem with broad national reach and curated content. Despite these aggressive plays, SSP has leaned into a focused live sports strategy and cost discipline, emerging as a margin leader in the space. The Scripps Networks division has become a strategic growth lever for The E.W. Scripps Company, driven by a focused push into live sports and disciplined cost control. By doubling down on high-demand women's sports programming and refining its national network footprint, SSP has positioned the segment to support margin expansion. Ongoing partnerships with the WNBA and NWSL, along with new additions like the SI Women's Games and Fort Myers Tip-off, are expected to improve ad inventory and strengthen seasonal performance through the remainder of the year. These distribution agreements are expected to provide valuable live content that attracts advertisers. In the first quarter of 2025, Scripps Networks contributed 37.8% of total company revenues. While segment revenues declined 5.4% year over year, profit increased from $49.7 million to $64.1 million. A 16% drop in expenses pushed segment margin to 32%, its highest since late 2022. SSP reaffirmed its 2025 target of 400-600 basis points of margin expansion but noted that its first-quarter results have already exceeded that range due to early execution of cost-saving measures. SSP's Earnings Estimate Revisions Show an Upward Trend The Zacks Consensus Estimate for 2025 earnings is pegged at 8 cents per share, which has been revised upward by a penny over the past 60 days, indicating a 92.59% year-over-year decline. The consensus mark for 2025 revenues is pegged at $2.19 billion, suggesting a 12.81% year-over-year decline. SSP Shares are Trading Cheap SSP stock is currently trading at a forward 12-month Price/Earnings ratio of 7.72X compared with the industry's 32.10X. This makes the stock a great pick for a value investor. SSP has a Value Score of A, reinforcing an attractive valuation for SSP at the moment. SSP's P/E (F12M) Image Source: Zacks Investment Research Here's Why You Should Buy SSP Stock Now SSP is a strong buy backed by clear strategic execution, expanding sports content and a growing presence in CTV. The company has already surpassed its margin expansion targets for 2025 and continues to attract advertiser demand through premium live programming. Its renewed partnerships with major sports leagues and investments in distribution are creating multiple revenue tailwinds. As SSP sharpens its national network footprint and deepens audience engagement, the company is poised to sustain momentum through the rest of the year. With solid cost control and a highly attractive valuation, SSP is well-positioned to deliver long-term value in 2025. SSP currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Sinclair, Inc. (SBGI): Free Stock Analysis Report E.W. Scripps Company (The) (SSP): Free Stock Analysis Report Nexstar Media Group, Inc. (NXST): Free Stock Analysis Report Paramount Global (PARA): Free Stock Analysis Report
CBC
9 hours ago
- CBC
2025 Canada Cup Women's Softball: Canada vs Czechia
Watch Team Canada and Team Czechia go head-to-head from the 2025 Canada Cup at Softball City in Langley, B.C.
The Province
19 hours ago
- The Province
'Slow zones' coming? Vancouver mulls lowering speed limit to 30 km/h for neighbourhood streets
Vancouver proposes lowering speed limits to 30 km/h on all residential side streets to boost safety and reduce serious injuries. People driving on Main Street in Sundridge may have to adjust to a new lower speed limit. Town council is looking at turning a two-kilometre stretch of the road into a 30 km/h zone. Rocco Frangione Photo SunMedia Drivers in Vancouver may soon need to slow down on residential roads, as city staff propose lowering the speed limit to 30 kilometres per hour on all side streets to improve safety and reduce serious injuries. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles by top sports columnists Patrick Johnston, Ben Kuzma, J.J. Abrams and others. Plus, Canucks Report, Sports and Headline News newsletters and events. Unlimited online access to The Province and 15 news sites with one account. The Province ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles and comics, including the New York Times Crossword. Support local journalism. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors A report heading to council Wednesday recommends reducing speed limits on all roads without painted centre lines — in effect, every residential street in the city. 'Slower speeds save lives,' Paul Storer, the city's transportation director, said in the report. '(They) can make a big difference in safety outcomes, especially for people walking or cycling.' The current default speed limit in Vancouver is 50 km/h as set by the B.C. government, unless otherwise posted. If approved, the change to 30 km/h would represent the city's most extensive speed limit reduction to date. But making lower speeds stick may be a challenge. The city acknowledges that police enforcement will be limited. Winston Chou, the city's associate director of traffic and data management, said the city is in discussions with Vancouver police about the possibility of officers providing special attention to the slow zones during the initial program launch. Essential reading for hockey fans who eat, sleep, Canucks, repeat. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. 'However, this will be limited by resources and the priority of the VPD to focus enforcement at locations where most traffic-related fatalities and serious injuries occur.' The city says it will mainly rely on public awareness campaigns, community policing volunteers and existing road design features, such as narrowed streets or speed humps, to influence driver behaviour. 'The neighbourhoods with design characters that support the lower speed limits will be prioritized for signage … due to this there will be limited need for significant additional enforcement,' added Chou. As part of the proposal, 25 neighbourhoods in Vancouver would be designated 'slow zones,' marked by gateway signs at key entrances alerting drivers to the 30 km/h limit. These areas — which include Hastings-Sunrise, Killarney, Mount Pleasant and the West End — are being prioritized based on high traffic volumes, nearby schools or parks, and populations considered more vulnerable to traffic risk. This advertisement has not loaded yet, but your article continues below. The move is part of Vancouver's efforts to eliminate traffic-related deaths and injuries. The city says a person struck by a vehicle going 30 km/h has an 85 per cent chance of surviving, compared to just 20 per cent at 50 km/h. Slower speeds also come with added benefits such as quieter streets and improved air quality, the report said. The proposal builds on pilot zones launched in Grandview-Woodland and Strathcona in 2020, where speeds dropped, but mostly in areas with added traffic-calming features. Of the 25 proposed slow zones, 17 already have some traffic-calming measures in place or are slated to receive them. The cost to install signs citywide is estimated at $350,000. Of that, $250,000 has been earmarked over three years to cover the 17 zones, with the remaining eight funded through existing city programs. Additional zones could be added depending on future budgets. This advertisement has not loaded yet, but your article continues below. Staff are also recommending a change to how speed bumps are approved. Instead of requiring a sign-off from residents, humps could be installed wherever the city deems them appropriate, although residents would still be notified in advance. 'Ultimately, the goal is not just to post signs, but to change driver behaviour,' Storer said. 'When drivers slow down, streets become safer, quieter, and more livable.' City council is expected to vote on the recommendations on July 9. If approved, signs in the first neighbourhoods could go up later this year. sgrochowski@ Read More News News Vancouver Canucks Vancouver Whitecaps News
