Sinclair (SBGI) Set to Post Earnings on Wednesday

Key Points

• Sinclair is expected to report Q3 2026 results after market close on November 4. Analysts project earnings of $0.266 per share and revenue of approximately $874.2 million.
• In the prior quarter, Sinclair posted a $1.06 per-share loss, missing expectations by $0.82, although revenue rose 7.1% year over year to $840 million.
• Shares recently traded near $12.08, while Sinclair maintains a $0.25 quarterly dividend equating to an 8.3% yield. Analysts collectively rate the stock “Hold,” with an average price target of $19.40.

Sinclair (NASDAQ:SBGI - Get Free Report) is projected to issue its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Sinclair to post earnings of $0.2660 per share and revenue of $874.21 million for the quarter. Parties are encouraged to explore the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 4:30 PM ET.

Sinclair (NASDAQ:SBGI - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported ($1.06) earnings per share for the quarter, missing analysts' consensus estimates of ($0.24) by ($0.82). The company had revenue of $840.00 million during the quarter, compared to analyst estimates of $838.99 million. The firm's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period last year, the business earned ($0.91) EPS. On average, analysts expect Sinclair to post $1.01 EPS for the current fiscal year and ($1.15) EPS for the next fiscal year.

Sinclair Trading Up 0.9%

Shares of SBGI opened at $12.08 on Wednesday. Sinclair has a 1-year low of $11.83 and a 1-year high of $17.88. The business's 50-day moving average price is $13.33 and its 200 day moving average price is $14.11. The stock has a market capitalization of $873.60 million, a P/E ratio of 16.11 and a beta of 1.12.

Sinclair Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were issued a dividend of $0.25 per share. The ex-dividend date was Monday, August 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.3%. Sinclair's payout ratio is currently 133.33%.

Wall Street Analyst Weigh In

SBGI has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Sinclair from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. JPMorgan Chase & Co. raised their target price on Sinclair from $14.00 to $15.00 and gave the stock an "underweight" rating in a research report on Friday, August 21st. Weiss Ratings downgraded Sinclair from a "hold (c-)" rating to a "sell (d+)" rating in a report on Thursday, October 8th. Finally, Zacks Research upgraded Sinclair from a "strong sell" rating to a "hold" rating in a report on Tuesday, September 8th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $19.40.

Insider Activity

In related news, EVP David Gibber sold 29,246 shares of the business's stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $13.74, for a total transaction of $401,840.04. Following the transaction, the executive vice president directly owned 184,244 shares of the company's stock, valued at approximately $2,531,512.56. The trade was a 13.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 42.10% of the stock is owned by company insiders.

About Sinclair

Sinclair, Inc is a diversified media company that owns and operates local television stations across the United States. Its broadcast portfolio includes ABC, CBS, FOX, NBC, and other network-affiliated stations, as well as independent stations. Sinclair's local media operations produce news, weather, sports, and community-focused programming for viewers in markets throughout the country.

The company also develops and distributes national and regional content through cable networks, digital platforms, and streaming services.

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