NASDAQ:SBGI Sinclair Broadcast Group - SBGI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Sinclair Broadcast Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $20.47 +0.08 (+0.39%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$20.12▼$20.6250-Day Range$14.53▼$20.4752-Week Range$14.36▼$31.04Volume323,845 shsAverage Volume423,657 shsMarket Capitalization$1.43 billionP/E Ratio0.60Dividend Yield4.89%Price Target$27.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Sinclair Broadcast Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside31.9% Upside$27.00 Price TargetShort InterestHealthy6.62% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.62Upright™ Environmental ScoreNews Sentiment0.49Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth-99.62%From $36.81 to $0.14 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.2.47 out of 5 starsConsumer Discretionary Sector74th out of 277 stocksTelevision Broadcasting Stations Industry2nd out of 13 stocks 3.0 Analyst's Opinion Consensus RatingSinclair Broadcast Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.00, Sinclair Broadcast Group has a forecasted upside of 31.9% from its current price of $20.47.Amount of Analyst CoverageSinclair Broadcast Group has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.62% of the float of Sinclair Broadcast Group has been sold short.Short Interest Ratio / Days to CoverSinclair Broadcast Group has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Sinclair Broadcast Group has recently decreased by 9.74%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipSinclair Broadcast Group is a leading dividend payer. It pays a dividend yield of 4.89%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSinclair Broadcast Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Sinclair Broadcast Group is 2.91%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Sinclair Broadcast Group will have a dividend payout ratio of 714.29% in the coming year. This indicates that Sinclair Broadcast Group may not be able to sustain their current dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSinclair Broadcast Group 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 Broadcast Group is -0.62. Previous Next 1.9 News and Social Media Coverage News SentimentSinclair Broadcast Group has a news sentiment score of 0.49. 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 0.61 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Sinclair Broadcast Group this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for SBGI on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sinclair Broadcast Group insiders have not sold or bought any company stock.Percentage Held by Insiders39.60% of the stock of Sinclair Broadcast Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions51.14% of the stock of Sinclair Broadcast Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Sinclair Broadcast Group are expected to decrease by -99.62% in the coming year, from $36.81 to $0.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sinclair Broadcast Group is 0.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Sinclair Broadcast Group is 0.60, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.00. Previous Next See Top Rated MarketRank™ Stocks Here About Sinclair Broadcast Group (NASDAQ:SBGI) StockSinclair Broadcast Group, Inc. is a media company engaged in the provision of local sports and news. It operates through the following segments: Broadcast, Local Sports, and Others. The Broadcast segment consists of television stations which offer programming and operating services, and sales and other non-programming operating services. The Local Sports segment consists of regional sports networks, the Marquee Sports Network, Yankee Entertainment, and Sports Network LLC. The company was founded by Julian Sinclair Smith in 1986 and is headquartered in Hunt Valley, MD.Read More Receive SBGI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sinclair Broadcast Group and its competitors with MarketBeat's FREE daily newsletter. Email Address SBGI Stock News HeadlinesJanuary 26, 2023 | msn.comSinclair’s Diamond Sports Group continues its march toward bankruptcyJanuary 26, 2023 | finance.yahoo.comBally Sports Wisconsin owner may file for Chapter 11: BloombergJanuary 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 26, 2023 | msn.comSinclair Broadcast Group Announces Annual Diversity Scholarship Submission for 2023January 25, 2023 | businesswire.comAngie Moreschi Joins Sinclair Broadcast Group’s “Spotlight on America” Investigative TeamJanuary 23, 2023 | benzinga.comAngie Moreschi Joins Sinclair Broadcast Group's "Spotlight on America" Investigative TeamJanuary 23, 2023 | finance.yahoo.comAngie Moreschi Joins Sinclair Broadcast Group’s "Spotlight on America" Investigative TeamJanuary 19, 2023 | finance.yahoo.comSinclair Broadcast Group, Inc.: Sinclair's Business Model Returns to Its Local Affiliate Roots; Lowering FVE to $26January 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 18, 2023 | finance.yahoo.comShould You Think About Buying Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Now?January 5, 2023 | finance.yahoo.comSinclair Broadcast Group Names Todd Bernstein Vice President and General Manager of WJLA in Washington, DCJanuary 4, 2023 | finance.yahoo.comSinclair Broadcast Group To Demonstrate Enhanced NextGen Broadcast Datacasting at CES 2023January 4, 2023 | finance.yahoo.comSinclair Broadcast Group Names Cory Culleton VP/Associate Group ManagerJanuary 3, 2023 | finance.yahoo.comSinclair Announces Company PromotionsDecember 22, 2022 | finance.yahoo.comIs There An Opportunity With Sinclair Broadcast Group, Inc.'s (NASDAQ:SBGI) 47% Undervaluation?December 22, 2022 | finance.yahoo.comFubo TV (FUBO) Signs a Deal With Sinclair Broadcast GroupDecember 19, 2022 | msn.comSinclair Broadcast's Diamond Sports networks potential sale may fail - reportDecember 19, 2022 | seekingalpha.comSinclair Broadcast Diamond Sports networks' potential sale may fail - reportDecember 8, 2022 | markets.businessinsider.comAnalyst Ratings for Sinclair Broadcast GroupDecember 8, 2022 | seekingalpha.comSinclair Broadcast dips 4% as J.P. Morgan downgrades in front of tough 2023December 8, 2022 | finance.yahoo.comSinclair Names Scott Shapiro Executive Vice President, Corporate Development and StrategyDecember 6, 2022 | finance.yahoo.comSports media exec David Preschlack to take over Bally Sports RSNsNovember 28, 2022 | seekingalpha.comSinclair Broadcast Group, Inc. and Diamond Sports Group (SBGI) Combined Q3 2022 Earnings Call TranscriptNovember 28, 2022 | finance.yahoo.comSinclair subsidiary reports $1.2B loss after writing down value of regional sports networksNovember 28, 2022 | finance.yahoo.comTop Small-Cap StocksNovember 18, 2022 | finance.yahoo.comSinclair and Diamond Sports Group to Host Third Quarter 2022 Financial Results Conference Call on November 28, 2022 at 9:00 a.m. (Eastern Time)November 15, 2022 | finance.yahoo.comSinclair Launches Redesigned Company WebsiteSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SBGI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sinclair Broadcast Group and its competitors with MarketBeat's FREE daily newsletter. Email Address SBGI Company Calendar Last Earnings11/02/2022Ex-Dividend for 12/15 Dividend11/30/2022Dividend Payable12/15/2022Today1/29/2023Next Earnings (Confirmed)2/22/2023Fiscal 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) 568-1500Fax410-568-1533Employees11,500Year Founded1986Price Target and Rating Average Stock Price Forecast$27.00 High Stock Price Forecast$50.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+31.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$34.36 Trailing P/E Ratio0.60 Forward P/E Ratio0.56 P/E GrowthN/ANet Income$-414,000,000.00 Net Margins56.44% Pretax Margin75.38% Return on Equity-35.47% Return on Assets-0.31% Debt Debt-to-Equity Ratio6.60 Current Ratio2.27 Quick Ratio2.27 Sales & Book Value Annual Sales$6.13 billion Price / Sales0.23 Cash Flow$37.22 per share Price / Cash Flow0.55 Book Value($23.34) per share Price / Book-0.88Miscellaneous Outstanding Shares69,630,000Free Float42,054,000Market Cap$1.43 billion OptionableOptionable Beta1.29 Social Links Key ExecutivesChristopher Stewart RipleyPresident & Chief Executive OfficerRobert D. WeisbordChief Operating Officer & President-BroadcastLucy A. RutishauserChief Financial Officer & Executive Vice PresidentDelbert R. ParksPresident-TechnologyMichael KralecChief Technology Officer & Senior Vice PresidentKey CompetitorsEntravision CommunicationsNYSE:EVCE.W. ScrippsNASDAQ:SSPGray TelevisionNYSE:GTNGray TelevisionNYSE:GTN.AGrupo Televisa, S.A.B.NYSE:TVView All CompetitorsInsiders & InstitutionsStrs OhioBought 4,800 shares on 1/26/2023Ownership: 0.056%Pinnacle Associates Ltd.Sold 11,970 shares on 1/25/2023Ownership: 1.037%Capital Management Corp VABought 222,890 shares on 1/24/2023Ownership: 1.515%Ziegler Capital Management LLCSold 17,403 shares on 1/24/2023Ownership: 0.076%Allspring Global Investments Holdings LLCSold 4,663 shares on 1/23/2023Ownership: 0.018%View All Institutional Transactions SBGI Stock - Frequently Asked Questions Should I buy or sell Sinclair Broadcast Group stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sinclair Broadcast Group in the last year. There are currently 2 sell ratings, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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 Broadcast Group's stock price forecast for 2023? 5 Wall Street research analysts have issued 12-month price targets for Sinclair Broadcast Group's shares. Their SBGI share price forecasts range from $16.00 to $50.00. On average, they anticipate the company's share price to reach $27.00 in the next twelve months. This suggests a possible upside of 31.9% 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 2023? Sinclair Broadcast Group's stock was trading at $15.51 at the beginning of the year. Since then, SBGI stock has increased by 32.0% and is now trading at $20.47. View the best growth stocks for 2023 here. When is Sinclair Broadcast Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. View our SBGI earnings forecast. How were Sinclair Broadcast Group's earnings last quarter? Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) issued its earnings results on Wednesday, November, 2nd. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.17. The company had revenue of $843 million for the quarter, compared to analyst estimates of $889.66 million. Sinclair Broadcast Group had a negative trailing twelve-month return on equity of 35.47% and a net margin of 56.44%. The company's revenue for the quarter was down 45.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.51 EPS. How often does Sinclair Broadcast Group pay dividends? What is the dividend yield for Sinclair Broadcast Group? Sinclair Broadcast Group announced a quarterly dividend on Wednesday, November 2nd. Stockholders of record on Thursday, December 1st will be paid a dividend of $0.25 per share on Thursday, December 15th. This represents a $1.00 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date is Wednesday, November 30th. Read our dividend analysis for SBGI. Is Sinclair Broadcast Group a good dividend stock? Sinclair Broadcast Group (NASDAQ:SBGI) pays an annual dividend of $1.00 per share and currently has a dividend yield of 4.89%. 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 2.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, SBGI will have a dividend payout ratio of 714.29% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for SBGI. What guidance has Sinclair Broadcast Group issued on next quarter's earnings? Sinclair Broadcast Group issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $966.00 million-$988.00 million, compared to the consensus revenue estimate of $1.02 billion. What is Christopher Ripley's approval rating as Sinclair Broadcast Group's CEO? 133 employees have rated Sinclair Broadcast Group 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 Broadcast Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Sinclair Broadcast Group 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 Broadcast Group's stock symbol? Sinclair Broadcast Group trades on the NASDAQ under the ticker symbol "SBGI." Who are Sinclair Broadcast Group's major shareholders? Sinclair Broadcast Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Capital Management Corp VA (1.52%), Pinnacle Associates Ltd. (1.04%), Ziegler Capital Management LLC (0.08%), Grant GrossMendelsohn LLC (0.06%), Strs Ohio (0.06%) and Allspring Global Investments Holdings LLC (0.02%). 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, Howard E Friedman, J Duncan Smith, Lawrence E Mccanna, Lawrence E Mccanna and Ruth Louisa Villigerwilson. View institutional ownership trends. How do I buy shares of Sinclair Broadcast Group? 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 Broadcast Group's stock price today? One share of SBGI stock can currently be purchased for approximately $20.47. How much money does Sinclair Broadcast Group make? Sinclair Broadcast Group (NASDAQ:SBGI) has a market capitalization of $1.43 billion and generates $6.13 billion in revenue each year. The company earns $-414,000,000.00 in net income (profit) each year or $34.36 on an earnings per share basis. How many employees does Sinclair Broadcast Group have? The company employs 11,500 workers across the globe. How can I contact Sinclair Broadcast Group? Sinclair Broadcast Group'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 1/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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