News articles about Scripps Networks Interactive (NASDAQ:SNI) have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Scripps Networks Interactive earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.3582027516784 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Scripps Networks Interactive (SNI) Stock Rating Lowered by BidaskClub (americanbankingnews.com)
- Scripps Networks Interactive, Inc. Announces Quarterly Dividend of $0.30 (SNI) (americanbankingnews.com)
- Instructure Inc. Delivers Solid Results, but Profitability Is Still a Way Off (msn.com)
- Scripps Networks Interactive (SNI) to Release Earnings on Monday (americanbankingnews.com)
Several research analysts have recently weighed in on SNI shares. BidaskClub cut shares of Scripps Networks Interactive from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 12th. Zacks Investment Research cut shares of Scripps Networks Interactive from a “hold” rating to a “sell” rating in a report on Friday, January 5th. Finally, Cowen restated a “hold” rating and set a $90.00 target price on shares of Scripps Networks Interactive in a report on Monday, February 5th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $86.57.
The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 10th. Investors of record on Wednesday, February 28th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.37%. The ex-dividend date is Tuesday, February 27th. Scripps Networks Interactive’s payout ratio is 12.85%.
In other Scripps Networks Interactive news, Director Michael R. Costa sold 18,955 shares of the company’s 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 sale, the director now directly owns 13,035 shares of the company’s stock, valued at $1,090,247.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.50% of the company’s stock.
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.
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