NASDAQ:SBGI - Sinclair Broadcast Group Stock Price, Forecast & News

Sinclair Broadcast Group trades on the NASDAQ under the ticker symbol "SBGI."

Sinclair Broadcast Group declared a quarterly dividend on Wednesday, November 6th. Stockholders of record on Friday, November 29th will be given a dividend of $0.20 per share on Monday, December 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date is Wednesday, November 27th. View Sinclair Broadcast Group's Dividend History.

Sinclair Broadcast Group Inc (NASDAQ:SBGI) issued its quarterly earnings data on Wednesday, November, 6th. The company reported ($0.65) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by $0.98. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.29 billion. Sinclair Broadcast Group had a return on equity of 25.47% and a net margin of 5.99%. Sinclair Broadcast Group's quarterly revenue was up 46.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.62 EPS. View Sinclair Broadcast Group's Earnings History.

Sinclair Broadcast Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Sinclair Broadcast Group.

Sinclair Broadcast Group will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 brokers have issued 12 month price objectives for Sinclair Broadcast Group's stock. Their forecasts range from $37.00 to $80.00. On average, they expect Sinclair Broadcast Group's share price to reach $53.57 in the next twelve months. This suggests a possible upside of 82.2% from the stock's current price. View Analyst Price Targets for Sinclair Broadcast Group.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sinclair Broadcast Group in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Sinclair Broadcast Group.

Media headlines about SBGI stock have trended extremely negative recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sinclair Broadcast Group earned a daily sentiment score of -4.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Sinclair Broadcast Group.

Some companies that are related to Sinclair Broadcast Group include Discovery Communications (DISCA), Liberty Media Formula One Series A (FWONA), Nexstar Media Group (NXST), Central European Media Enterprises (CETV), Entercom Communications (ETM), Entravision Communication (EVC), Saga Communications (SGA), Beasley Broadcast Group (BBGI) and Salem Media Group (SALM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sinclair Broadcast Group investors own include AT&T (T), Walt Disney (DIS), Metlife (MET), Roku (ROKU), Twitter (TWTR), Comcast (CMCSA), Netflix (NFLX), Las Vegas Sands (LVS), Activision Blizzard (ATVI) and Brighthouse Financial (BHF).

Sinclair Broadcast Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (10.11%), Renaissance Technologies LLC (3.22%), AQR Capital Management LLC (1.48%), Eagle Asset Management Inc. (1.47%), Bank of New York Mellon Corp (1.04%) and State Street Corp (0.95%). Company insiders that own Sinclair Broadcast Group stock include Barry Faber, Daniel C Keith, David B Amy, David D Smith, David R Bochenek, Lawrence E Mccanna, Robert E Smith and Steven M Marks. View Institutional Ownership Trends for Sinclair Broadcast Group.

SBGI stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Renaissance Technologies LLC, AQR Capital Management LLC, Bank of New York Mellon Corp, Credit Suisse AG, Goldman Sachs Group Inc., Bank of America Corp DE and Duality Advisers LP. Company insiders that have sold Sinclair Broadcast Group company stock in the last year include Barry Faber, Daniel C Keith, David B Amy, David R Bochenek, Lawrence E Mccanna, Robert E Smith and Steven M Marks. View Insider Buying and Selling for Sinclair Broadcast Group.

SBGI stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Hawk Ridge Capital Management LP, Los Angeles Capital Management & Equity Research Inc., Contrarius Investment Management Ltd, Capital Management Corp VA, American Financial Group Inc., SG Americas Securities LLC and KBC Group NV. View Insider Buying and Selling for Sinclair Broadcast Group.

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

One share of SBGI stock can currently be purchased for approximately $29.41.

Sinclair Broadcast Group has a market capitalization of $2.71 billion and generates $3.06 billion in revenue each year. The company earns $341.24 million in net income (profit) each year or $3.35 on an earnings per share basis. Sinclair Broadcast Group employs 9,000 workers across the globe.View Additional Information About Sinclair Broadcast Group.

The official website for Sinclair Broadcast Group is http://www.sbgi.net/.

Sinclair Broadcast Group's mailing address is 10706 BEAVER DAM ROAD, HUNT VALLEY MD, 21030. The company can be reached via phone at 410-568-1500.