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

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

Sinclair Broadcast Group announced 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 annualized dividend and a dividend yield of 2.76%. The ex-dividend date of this dividend is Wednesday, November 27th. View Sinclair Broadcast Group's Dividend History.

Sinclair Broadcast Group Inc (NASDAQ:SBGI) posted its earnings results on Wednesday, November, 6th. The company reported ($0.65) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by $0.98. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.29 billion. Sinclair Broadcast Group had a net margin of 5.99% and a return on equity of 25.47%. The company's quarterly revenue was up 46.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.62 earnings per share. 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 Wall Street analysts have issued 12 month price targets for Sinclair Broadcast Group's shares. Their forecasts range from $37.00 to $80.00. On average, they expect Sinclair Broadcast Group's stock price to reach $53.57 in the next twelve months. This suggests a possible upside of 85.0% 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.

News headlines about SBGI stock have been trending somewhat negative this week, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Sinclair Broadcast Group earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock'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 variety 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 bought 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 $28.95.

Sinclair Broadcast Group has a market capitalization of $2.67 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.