Wall Street analysts predict that Scripps Networks Interactive, Inc. (NASDAQ:SNI) will report sales of $912.06 million for the current quarter, according to Zacks. Four analysts have made estimates for Scripps Networks Interactive’s earnings. The lowest sales estimate is $905.00 million and the highest is $921.00 million. Scripps Networks Interactive reported sales of $888.70 million during the same quarter last year, which indicates a positive year-over-year growth rate of 2.6%. The firm is expected to report its next quarterly earnings results on Tuesday, February 20th.

According to Zacks, analysts expect that Scripps Networks Interactive will report full-year sales of $912.06 million for the current fiscal year, with estimates ranging from $3.51 billion to $3.58 billion. For the next year, analysts forecast that the firm will post sales of $3.62 billion per share, with estimates ranging from $3.57 billion to $3.71 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that follow Scripps Networks Interactive.

Scripps Networks Interactive (NASDAQ:SNI) last posted its earnings results on Wednesday, November 1st. The company reported $1.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.09. The firm had revenue of $825.53 million during the quarter, compared to analysts’ expectations 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 company earned $1.26 earnings per share.

SNI has been the topic of a number of research reports. Royal Bank of Canada set a $90.00 target price on shares of Scripps Networks Interactive and gave the stock a “hold” rating in a research report on Friday, October 20th. Cowen reaffirmed a “hold” rating and set a $90.00 target price on shares of Scripps Networks Interactive in a research report on Friday, September 8th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Scripps Networks Interactive in a research report on Tuesday, September 12th. BidaskClub lowered shares of Scripps Networks Interactive from a “sell” rating to a “strong sell” rating in a research report on Tuesday, December 12th. Finally, Zacks Investment Research lowered shares of Scripps Networks Interactive from a “hold” rating to a “sell” rating in a research report on Friday. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $85.62.

Shares of Scripps Networks Interactive (SNI) traded down $0.68 during trading on Friday, hitting $85.96. 1,100,000 shares of the stock were exchanged, compared to its average volume of 852,033. The company has a debt-to-equity ratio of 0.90, a current ratio of 3.19 and a quick ratio of 3.19. Scripps Networks Interactive has a twelve month low of $64.87 and a twelve month high of $88.45. The firm has a market capitalization of $11,255.83, a PE ratio of 18.41, a price-to-earnings-growth ratio of 2.27 and a beta of 1.44.

The firm also recently declared a quarterly dividend, which was paid on Sunday, December 10th. Shareholders of record on Thursday, November 30th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend was Wednesday, November 29th. Scripps Networks Interactive’s dividend payout ratio (DPR) is presently 12.85%.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. YorkBridge Wealth Partners LLC lifted its position in Scripps Networks Interactive by 14.2% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,552 shares of the company’s stock worth $106,000 after buying an additional 193 shares in the last quarter. Mountain Capital Investment Advisors Inc acquired a new position in Scripps Networks Interactive during the 2nd quarter worth about $126,000. Valeo Financial Advisors LLC acquired a new position in Scripps Networks Interactive during the 3rd quarter worth about $162,000. Federated Investors Inc. PA lifted its position in Scripps Networks Interactive by 48.4% during the 2nd quarter. Federated Investors Inc. PA now owns 2,378 shares of the company’s stock worth $163,000 after buying an additional 776 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. acquired a new position in Scripps Networks Interactive during the 3rd quarter worth about $202,000. 60.86% of the stock is currently owned by institutional investors and hedge funds.

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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.

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