The Sinclair Broadcast Group Inc (SBGI) share price is expected to increase by 20.04% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered SBGI. Price targets range from $11 at the low end to $29 at the high end. The current analyst consensus for SBGI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 7 Wall Street analysts have assignedSBGI 7 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Sinclair Broadcast Group Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on SBGI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of SBGI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Steven Cahall Wells Fargo | Underweight | $13 | Maintains | Mar 1, 2024 |
Barton Crockett Rosenblatt | Neutral | $15.7 | Maintains | Jan 18, 2024 |
Curry Baker Guggenheim | Buy | $20 | Maintains | Nov 3, 2023 |
Barton Crockett Rosenblatt | Neutral | $13.5 | Maintains | Sep 5, 2023 |
Benchmark | Buy | Reiterates | Aug 23, 2023 | |
Deutsche Bank | Hold | Maintains | Aug 15, 2023 | |
Benjamin Soff Deutsche Bank | Hold | $18 | Maintains | May 9, 2023 |
Edward Reilly EF Hutton | Buy | $25 | Maintains | May 4, 2023 |
Benjamin Soff Deutsche Bank | Hold | $22 | Maintains | Apr 18, 2023 |
Barton Crockett Rosenblatt | Neutral | $16 | Maintains | Feb 23, 2023 |
Steven Cahall Wells Fargo | Underweight | $15 | Maintains | Feb 23, 2023 |
Daniel Kurnos Benchmark | Buy | $30 | Reiterates | Feb 21, 2023 |
David Karnovsky JP Morgan | Underweight | $16 | Downgrade | Dec 8, 2022 |
Barton Crockett Rosenblatt | Neutral | $18 | Maintains | Nov 3, 2022 |
Steven Cahall Wells Fargo | Underweight | $16 | Downgrade | Nov 3, 2022 |
Edward Reilly EF Hutton | Buy | $50 | Maintains | Oct 5, 2022 |
Barton Crockett Rosenblatt | Neutral | $20 | Maintains | Oct 4, 2022 |
Connor Murphy Deutsche Bank | Hold | $28 | Maintains | May 23, 2022 |
Barton Crockett Rosenblatt | Neutral | $24 | Maintains | May 12, 2022 |
Barton Crockett Rosenblatt | Neutral | $22 | Maintains | May 5, 2022 |
When did it IPO
1995
Staff Count
7,300
Country
United States
Sector/Industry
Communication Services/Broadcasting
CEO
Mr. Christopher S. Ripley
Market Cap
$915.8M
In 2023, SBGI generated $3.13B in revenue, which was a decrease of -20.21% from the previous year. This can be seen as a signal that SBGI's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
No news data available.