NASDAQ:SBGI Sinclair (SBGI) Stock Forecast, Price & News $11.00 -0.57 (-4.93%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$10.88▼$11.5250-Day Range$10.22▼$14.6552-Week Range$9.81▼$22.41Volume1.04 million shsAverage Volume738,034 shsMarket Capitalization$697.62 millionP/E Ratio4.64Dividend Yield9.09%Price Target$22.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Sinclair MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside103.1% Upside$22.75 Price TargetShort InterestBearish10.96% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.62Upright™ Environmental ScoreNews Sentiment-0.59Based on 3 Articles This WeekInsider TradingSelling Shares$601 Sold Last QuarterProj. Earnings Growth137.28%From $1.69 to $4.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.89 out of 5 starsConsumer Discretionary Sector25th out of 271 stocksTelevision Broadcasting Stations Industry4th out of 11 stocks 3.0 Analyst's Opinion Consensus RatingSinclair has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.75, Sinclair has a forecasted upside of 103.1% from its current price of $11.20.Amount of Analyst CoverageSinclair has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.96% of the float of Sinclair has been sold short.Short Interest Ratio / Days to CoverSinclair has a short interest ratio ("days to cover") of 5.5.Change versus previous monthShort interest in Sinclair has recently increased by 5.18%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipSinclair is a leading dividend payer. It pays a dividend yield of 8.64%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSinclair has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Sinclair is 42.19%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sinclair will have a dividend payout ratio of 24.94% next year. This indicates that Sinclair will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSinclair has received a 34.37% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Broadcasting of world news television programs following principles of journalistic ethics", "Broadcasting of sports events", and "Broadcasting of movies and documentaries" products. See details.Environmental SustainabilityThe Environmental Impact score for Sinclair is -0.62. Previous Next 1.9 News and Social Media Coverage News SentimentSinclair has a news sentiment score of -0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Sinclair this week, compared to 4 articles on an average week.Search Interest18 people have searched for SBGI on MarketBeat in the last 30 days. This is an increase of 260% compared to the previous 30 days.MarketBeat Follows5 people have added Sinclair to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sinclair insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $601.00 in company stock.Percentage Held by Insiders41.70% of the stock of Sinclair is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions86.19% of the stock of Sinclair is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Sinclair are expected to grow by 137.28% in the coming year, from $1.69 to $4.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sinclair is 4.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Sinclair is 4.73, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.45.Price to Earnings Growth RatioSinclair has a PEG Ratio of 1.25. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSinclair has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sinclair (NASDAQ:SBGI) StockSinclair, 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.Read More SBGI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SBGI Stock News HeadlinesSeptember 20, 2023 | marketbeat.comDisney Denies Rumors of TV Sale, After Stock Jumps on NewsDisney's stock rallied on reports of talks to sell ABC and other channels. The company issued a statement denying it had reached a decision about divestitures.September 25, 2023 | tmcnet.comSinclair's WOAI News 4 San Antonio to Host "Crisis in the Classroom: Texas School Choice" Panel Discussion Thursday, September 28 at 8pm CTSeptember 25, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 24, 2023 | americanbankingnews.comSinclair (NASDAQ:SBGI) Trading Down 2.6%September 17, 2023 | americanbankingnews.comSinclair, Inc. (NASDAQ:SBGI) Given Consensus Recommendation of "Hold" by BrokeragesSeptember 15, 2023 | msn.comWhy Shares of Local Broadcaster Sinclair Rocketed Higher This WeekSeptember 15, 2023 | finance.yahoo.comSinclair Executive Mark Aitken Named SMPTE FellowSeptember 15, 2023 | markets.businessinsider.comSinclair's Mark Aitken Named SMPTE FellowSeptember 25, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 13, 2023 | finance.yahoo.comSinclair (SBGI) Outpaces Stock Market Gains: What You Should KnowSeptember 7, 2023 | finance.yahoo.comSinclair (SBGI) Dips More Than Broader Markets: What You Should KnowSeptember 7, 2023 | finance.yahoo.com"Full Measure with Sharyl Attkisson," Sinclair's Weekly Investigative News Program, Returns for Ninth Season on Sunday, September 10September 6, 2023 | msn.comRosenblatt Maintains Sinclair Inc - (SBGI) Neutral RecommendationSeptember 6, 2023 | baystreet.caTaboola Down Slightly on Multi-Year Hookup with SinclairSeptember 6, 2023 | finance.yahoo.comTaboola Announces New, Exclusive Multi-Year Deal with Sinclair Broadcast Group; Agreement Marks 7-Year PartnershipSeptember 5, 2023 | markets.businessinsider.comRosenblatt Maintains Neutral Rating for Sinclair: Here's What You Need To KnowSeptember 1, 2023 | bizjournals.comSinclair to pay $85K to settle disability discrimination lawsuit by EEOCAugust 31, 2023 | businesswire.comThe CW Network and Sinclair Expand and Extend Affiliation PartnershipAugust 26, 2023 | finance.yahoo.comShould Income Investors Look At Sinclair, Inc. (NASDAQ:SBGI) Before Its Ex-Dividend?August 24, 2023 | finance.yahoo.comKOMO/Seattle Wins RTDNA National Edward R. Murrow AwardAugust 21, 2023 | bloomberg.comSinclair Wants to Speed-Up Separation From Diamond SportsAugust 21, 2023 | benzinga.comSinclair Broadcast Group Names Rocky Wagonhurst Vice President and General Manager of WVTV in MilwaukeeAugust 20, 2023 | finance.yahoo.comSinclair's (NASDAQ:SBGI) Dividend Will Be $0.25August 17, 2023 | marketwatch.comSinclair accused of driving regional-sports subsidiary into bankruptcyAugust 16, 2023 | finance.yahoo.comSinclair Accused of Draining $1.5 Billion From Local Sports UnitAugust 16, 2023 | msn.comSports broadcaster sues parent Sinclair, alleging $1.5 billion fraudAugust 16, 2023 | msn.comDeutsche Bank Maintains Sinclair Inc - (SBGI) Hold RecommendationSee 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. Email Address SBGI Company Calendar Last Earnings8/02/2023Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Today9/25/2023Next Earnings (Estimated)11/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Television broadcasting stations Sub-IndustryBroadcasting SectorConsumer Discretionary Current SymbolNASDAQ:SBGI CUSIP82922610 CIK912752 Webwww.sbgi.net Phone(410) 568-1500Fax410-568-1533Employees7,900Year Founded1986Price Target and Rating Average Stock Price Forecast$22.75 High Stock Price Forecast$50.00 Low Stock Price Forecast$13.50 Forecasted Upside/Downside+96.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.37 Trailing P/E Ratio4.88 Forward P/E Ratio6.85 P/E Growth1.25Net Income$2.65 billion Net Margins5.14% Pretax Margin7.15% Return on Equity29.58% Return on Assets3.18% Debt Debt-to-Equity Ratio6.53 Current Ratio2.41 Quick Ratio2.41 Sales & Book Value Annual Sales$3.93 billion Price / Sales0.19 Cash Flow$11.69 per share Price / Cash Flow0.99 Book Value$9.78 per share Price / Book1.18Miscellaneous Outstanding Shares63,420,000Free Float36,976,000Market Cap$733.77 million OptionableOptionable Beta1.41 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. David D. Smith (Age 72)Exec. Chairman Comp: $3.46MMr. Christopher S. Ripley (Age 46)Pres & CEO Comp: $3.46MMr. Robert D. Weisbord (Age 60)COO & Pres of Broadcast Comp: $3.21MMr. David B. Gibber (Age 41)Sr. VP & Gen. Counsel Comp: $1.25MDr. Frederick G. Smith (Age 73)VP & Director Mr. J. Duncan Smith (Age 69)VP, Sec. & Director Mr. David R. Bochenek (Age 60)Sr. VP & Chief Accounting Officer Mr. Michael J. KralecSr. VP & CTOMr. Brian S. Bark (Age 53)Exec. VP & Chief Information Officer Mr. Christopher C. KingVP of Investor RelationsMore ExecutivesKey CompetitorsEntravision CommunicationsNYSE:EVCGray TelevisionNYSE:GTN.AGray TelevisionNYSE:GTNE.W. ScrippsNASDAQ:SSPGrupo Televisa, S.A.B.NYSE:TVView All CompetitorsInsiders & InstitutionsWolverine Trading LLCBought 95,600 shares on 8/23/2023Ownership: 0.000%Stadium Capital Management LLCBought 95,065 shares on 8/23/2023Ownership: 0.150%Comerica BankBought 261,011 shares on 8/22/2023Ownership: 0.412%Virginia Retirement Systems ET ALBought 18,800 shares on 8/22/2023Ownership: 0.030%California State Teachers Retirement SystemSold 7,431 shares on 8/21/2023Ownership: 0.073%View All Insider TransactionsView All Institutional Transactions SBGI Stock - Frequently Asked Questions Should I buy or sell Sinclair stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sinclair in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023? 6 analysts have issued 1-year target prices for Sinclair's stock. Their SBGI share price forecasts range from $13.50 to $50.00. On average, they predict the company's share price to reach $22.75 in the next year. This suggests a possible upside of 96.6% 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 2023? Sinclair's stock was trading at $15.51 at the start of the year. Since then, SBGI stock has decreased by 25.4% and is now trading at $11.57. View the best growth stocks for 2023 here. When is Sinclair's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. View our SBGI earnings forecast. How were Sinclair's earnings last quarter? Sinclair, Inc. (NASDAQ:SBGI) announced its earnings results on Wednesday, August, 2nd. The company reported ($1.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.58) by $0.51. The business had revenue of $768 million for the quarter, compared to analyst estimates of $765.72 million. Sinclair had a net margin of 5.14% and a trailing twelve-month return on equity of 29.58%. How often does Sinclair pay dividends? What is the dividend yield for Sinclair? Sinclair declared a quarterly dividend on Thursday, August 31st. Shareholders of record on Friday, September 1st will be paid a dividend of $0.25 per share on Friday, September 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.64%. The ex-dividend date is Thursday, August 31st. Read our dividend analysis for SBGI. What ETFs hold Sinclair's stock? ETFs with the largest weight of Sinclair (NASDAQ:SBGI) stock in their portfolio include Invesco Next Gen Media and Gaming ETF (PBS), WBI Power Factor High Dividend ETF (WBIY) and Invesco Bloomberg MVP Multi-factor ETF (PWC).Royce Quant Small-Cap Quality Value ETF (SQLV). 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 8.64%. SBGI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 42.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBGI will have a dividend payout ratio of 24.94% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SBGI. What guidance has Sinclair issued on next quarter's earnings? Sinclair issued an update on its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $677.00 million-$694.00 million, compared to the consensus revenue estimate of $772.49 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). What is Sinclair's stock symbol? Sinclair trades on the NASDAQ under the ticker symbol "SBGI." Who are Sinclair's major shareholders? Sinclair's stock is owned by a variety of institutional and retail investors. Top institutional investors include Gamco Investors INC. ET AL (5.46%), Gamco Investors INC. ET AL (5.45%), BlackRock Inc. (4.21%), Dimensional Fund Advisors LP (2.85%), Capital Management Corp VA (2.25%) and Gabelli Funds LLC (2.07%). Insiders that own company stock include Barry Faber, Benson E Legg, Daniel C Keith, David B Gibber, David D Smith, David R Bochenek, Frederick G Smith, Frederick G Smith, J Duncan Smith, Jeffrey Edward Lewis, Lawrence E Mccanna, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Sinclair's stock price today? One share of SBGI stock can currently be purchased for approximately $11.57. How much money does Sinclair make? Sinclair (NASDAQ:SBGI) has a market capitalization of $733.77 million and generates $3.93 billion in revenue each year. The company earns $2.65 billion in net income (profit) each year or $2.37 on an earnings per share basis. How many employees does Sinclair have? The company employs 7,900 workers across the globe. How can I contact Sinclair? Sinclair's mailing address is 10706 BEAVER DAM ROAD, HUNT VALLEY MD, 21030. The official website for the company is www.sbgi.net. The company can be reached via phone at (410) 568-1500 or via fax at 410-568-1533. This page (NASDAQ:SBGI) was last updated on 9/25/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sinclair, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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