Sinclair (SBGI) Expected to Announce Earnings on Wednesday

Key Points

• Sinclair is projected to report a Q2 2025 earnings loss of ($0.55) per share with expected revenue of $798.16 million after market close on August 6th.
• The company reported a missed earnings estimate in Q1 2025, posting ($2.18) EPS versus a consensus of ($1.78), while revenues fell 2.8% year-over-year.
• Analysts have issued mixed ratings for Sinclair, with a consensus rating of "Hold" and an average price target set at $18.50.

Sinclair (NASDAQ:SBGI - Get Free Report) is expected to announce its Q2 2025 earnings results after the market closes on Wednesday, August 6th. Analysts expect Sinclair to post earnings of ($0.55) per share and revenue of $798.16 million for the quarter. Sinclair has set its Q2 2025 guidance at EPS.

Sinclair (NASDAQ:SBGI - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported ($2.18) earnings per share for the quarter, missing the consensus estimate of ($1.78) by ($0.40). Sinclair had a return on equity of 34.15% and a net margin of 3.72%. The company had revenue of $776.00 million for the quarter, compared to analysts' expectations of $774.79 million. During the same period in the previous year, the business posted $0.35 EPS. The business's quarterly revenue was down 2.8% on a year-over-year basis. On average, analysts expect Sinclair to post $4 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sinclair Price Performance

Shares of NASDAQ:SBGI traded down $0.36 on Friday, hitting $14.10. The company had a trading volume of 389,662 shares, compared to its average volume of 366,969. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 11.32. The company has a market cap of $980.97 million, a PE ratio of 7.01 and a beta of 1.30. Sinclair has a 52-week low of $12.06 and a 52-week high of $18.45. The business has a 50 day moving average of $14.14 and a 200 day moving average of $14.57.

Sinclair Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend was Friday, May 30th. Sinclair's dividend payout ratio is currently 49.75%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. lowered their price objective on Sinclair from $14.00 to $13.00 and set an "underweight" rating for the company in a research report on Wednesday, May 21st. Benchmark lowered their price target on Sinclair from $30.00 to $29.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. Guggenheim reiterated a "buy" rating on shares of Sinclair in a report on Thursday, May 15th. Finally, Wall Street Zen cut shares of Sinclair from a "hold" rating to a "sell" rating in a research note on Monday, May 12th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $18.50.

Hedge Funds Weigh In On Sinclair

Several hedge funds and other institutional investors have recently made changes to their positions in SBGI. Acadian Asset Management LLC increased its holdings in Sinclair by 134.7% in the 1st quarter. Acadian Asset Management LLC now owns 11,525 shares of the company's stock valued at $182,000 after purchasing an additional 6,615 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Sinclair by 5.7% in the first quarter. AQR Capital Management LLC now owns 41,993 shares of the company's stock valued at $656,000 after buying an additional 2,258 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Sinclair by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,082 shares of the company's stock valued at $304,000 after buying an additional 780 shares during the period. Institutional investors and hedge funds own 41.71% of the company's stock.

Sinclair Company Profile

Sinclair, Inc, a media company, provides content on local television stations and digital platforms in the United States. It operates through two segments, Local Media and Tennis. The Local Media segment operates broadcast television stations, original networks, and content; provides free-over-the-air programming and live local sporting events on its stations; distributes its content to multi-channel video programming distributors in exchange for contractual fees; and produces local and original news programs.