Sinclair Broadcast Group Inc

Sinclair Broadcast Group Inc Stock Forecast & Price Prediction

Live Sinclair Broadcast Group Inc Stock (SBGI) Price
$13.97

7

Ratings

  • Buy 7
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$13.97

P/E Ratio

8.74

Volume Traded Today

$390,343

Dividend

$0.25

52 Week High/low

17.59/9.39

Sinclair Broadcast Group Inc Market Cap

$915.8M

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SBGI Summary

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.

SBGI Analyst Ratings

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.

SBGI stock forecast by analyst

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

SBGI Company Information

  • Company Name: Sinclair, Inc.
  • Industry: Media and Broadcasting
  • Headquarters: Hunt Valley, Maryland
  • Founded: 1971
  • Business Segments:
    • Local Media:
      • Operates broadcast television stations and original networks.
      • Provides free-over-the-air programming and live local sporting events.
      • Distributes content to multi-channel video programming distributors for fees.
      • Produces local and original news programs.
      • Networks include The Nest, Comet, CHARGE!, and TBD.
    • Tennis:
      • Operates the Tennis Channel, covering top tournaments and original sports content.
      • Offers streaming services: Tennis Channel International, Tennis Channel Plus, and T2 FAST.
      • Provides digital solutions and technical services for broadcast systems.
      • Includes platforms like Tennis.com and Pickleballtv.
  • Content Distribution:
    • Utilizes both broadcast and third-party platforms.
    • Includes local news and original programming content.
SBGI
Sinclair Broadcast Group Inc (SBGI)

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

Sinclair Broadcast Group Inc (SBGI) Financial Data

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

$5.94B

Revenue From 2021

$6.13B

3.21 %
From Previous Year

Revenue From 2022

$3.93B

-35.96 %
From Previous Year

Revenue From 2023

$3.13B

-20.21 %
From Previous Year
  • Revenue TTM $3.22B
  • Operating Margin TTM 8.0%
  • Gross profit TTM $1.47B
  • Return on assets TTM -2.5%
  • Return on equity TTM -74.5%
  • Profit Margin -10.8%
  • Book Value Per Share 5.13%
  • Market capitalisation $915.8M
  • Revenue for 2021 $6.13B
  • Revenue for 2022 $3.93B
  • Revenue for 2023 $3.13B
  • EPS this year (TTM) $-5.29

Sinclair Broadcast Group Inc (SBGI) Latest News

No news data available.

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SBGI Frequently asked questions

The highest forecasted price for SBGI is $29 from at .

The lowest forecasted price for SBGI is $11 from Steven Cahall from Wells Fargo

The SBGI analyst ratings consensus are 7 buy ratings, 0 hold ratings, and 0 sell ratings.