S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
NASDAQ:SBGI

Sinclair (SBGI) Stock Price, News & Analysis

$14.52
-0.33 (-2.22%)
(As of 03/1/2024 ET)
Today's Range
$14.45
$15.25
50-Day Range
$12.98
$17.53
52-Week Range
$9.39
$21.17
Volume
435,302 shs
Average Volume
477,817 shs
Market Capitalization
$922.17 million
P/E Ratio
N/A
Dividend Yield
6.89%
Price Target
$18.14

Sinclair MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
24.9% Upside
$18.14 Price Target
Short Interest
Healthy
9.99% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.62
Upright™ Environmental Score
News Sentiment
0.49mentions of Sinclair in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$274,691 Sold Last Quarter
Proj. Earnings Growth
-42.45%
From $1.06 to $0.61 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.78 out of 5 stars

Consumer Discretionary Sector

90th out of 266 stocks

Television Broadcasting Stations Industry

5th out of 11 stocks


SBGI stock logo

About Sinclair Stock (NASDAQ:SBGI)

Sinclair, Inc., a media company, focuses on providing content on local television stations and digital platforms. The company distributes its content through broadcast platforms and third-party platforms that consist of programming provided by third-party networks and syndicators, local news, other original programming, and college sports. It also owns digital media products that are complementary to its portfolio of television station related digital properties, as well as interests in, owns, manages, and/or operates technical and software services companies, intellectual property for the advancement of broadcast technology, and other media and non-media related businesses and assets, including interests in real estate, venture capital, private equity, and direct investments. Sinclair, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.

SBGI Stock Price History

SBGI Stock News Headlines

StockNews.com Downgrades Sinclair (NASDAQ:SBGI) to Sell
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
400
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Sinclair Reports Fourth Quarter 2023 Financial Results
Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
Sinclair Broadcast Q4 2023 Earnings Preview
Sinclair Stock (NASDAQ:SBGI), Short Interest Report
SBGI Mar 2024 2.500 call
SBGI Mar 2024 10.000 call
See More Headlines
Receive SBGI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sinclair and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 12/15 Dividend
11/30/2023
Dividend Payable
12/15/2023
Last Earnings
2/28/2024
Today
3/03/2024
Ex-Dividend for 3/25 Dividend
3/08/2024
Dividend Payable
3/25/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
Broadcasting
Current Symbol
NASDAQ:SBGI
CUSIP
82922610
Employees
7,900
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$18.14
High Stock Price Target
$25.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+24.9%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$2.65 billion
Pretax Margin
1.35%

Debt

Sales & Book Value

Annual Sales
$3.13 billion
Cash Flow
$11.62 per share
Book Value
$9.78 per share

Miscellaneous

Free Float
38,363,000
Market Cap
$922.17 million
Optionable
Optionable
Beta
1.42

Social Links

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

Key Executives















SBGI Stock Analysis - Frequently Asked Questions

Should I buy or sell Sinclair stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sinclair in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SBGI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SBGI, but not buy additional shares or sell existing shares.
View SBGI analyst ratings
or view top-rated stocks.

What is Sinclair's stock price target for 2024?

5 brokerages have issued 12-month price targets for Sinclair's shares. Their SBGI share price targets range from $13.00 to $25.00. On average, they predict the company's share price to reach $18.14 in the next year. This suggests a possible upside of 24.9% from the stock's current price.
View analysts price targets for SBGI
or view top-rated stocks among Wall Street analysts.

How have SBGI shares performed in 2024?

Sinclair's stock was trading at $13.03 at the beginning of 2024. Since then, SBGI stock has increased by 11.4% and is now trading at $14.52.
View the best growth stocks for 2024 here
.

When is Sinclair's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our SBGI earnings forecast
.

How were Sinclair's earnings last quarter?

Sinclair, Inc. (NASDAQ:SBGI) announced its quarterly earnings data on Wednesday, February, 28th. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.35. The company had revenue of $826 million for the quarter, compared to analysts' expectations of $838.75 million. Sinclair had a positive trailing twelve-month return on equity of 21.98% and a negative net margin of 9.29%. Sinclair's revenue was down 14.0% compared to the same quarter last year. During the same period last year, the business posted $0.90 EPS.

How often does Sinclair pay dividends? What is the dividend yield for Sinclair?

Sinclair announced a quarterly dividend on Wednesday, February 28th. Shareholders of record on Monday, March 11th will be paid a dividend of $0.25 per share on Monday, March 25th. This represents a $1.00 dividend on an annualized basis and a yield of 6.89%. The ex-dividend date of this dividend is Friday, March 8th.
Read our dividend analysis for SBGI
.

Is Sinclair a good dividend stock?

Sinclair (NASDAQ:SBGI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 6.89%. SBGI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for SBGI.

What ETFs hold Sinclair's stock?
What guidance has Sinclair issued on next quarter's earnings?

Sinclair updated its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $793.0 million-$806.0 million, compared to the consensus revenue estimate of $816.8 million.

What is Christopher Ripley's approval rating as Sinclair's CEO?

133 employees have rated Sinclair Chief Executive Officer Christopher Ripley on Glassdoor.com. Christopher Ripley has an approval rating of 51% among the company's employees. This puts Christopher Ripley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Sinclair own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sinclair investors own include Alibaba Group (BABA), Walt Disney (DIS), NVIDIA (NVDA), Gilead Sciences (GILD), AT&T (T), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM), AbbVie (ABBV) and Applied Materials (AMAT).

Who are Sinclair's major shareholders?

Sinclair's stock is owned by many different retail and institutional investors. Top institutional shareholders include Gamco Investors INC. ET AL (5.52%), Vanguard Group Inc. (5.39%), Dimensional Fund Advisors LP (2.98%), Capital Management Corp VA (2.31%), Gabelli Funds LLC (1.85%) and Bridgeway Capital Management LLC (1.25%). Insiders that own company stock include Barry Faber, David B Gibber, David D Smith, David R Bochenek, Frederick G Smith, Frederick G Smith, Howard E Friedman, J Duncan Smith, Jeffrey Edward Lewis, Lawrence E Mccanna and Ruth Louisa Villigerwilson.
View institutional ownership trends
.

How do I buy shares of Sinclair?

Shares of SBGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SBGI) was last updated on 3/3/2024 by MarketBeat.com Staff