NASDAQ:SBGI - Sinclair Broadcast Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $29.00
  • Forecasted Upside: 24.62 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$23.27
▲ +1.41 (6.45%)

This chart shows the closing price for SBGI by one month, three months, or twelve months.

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Analyst Price Target for SBGI

Analyst Price Target is $29.00
▲ +24.62% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Sinclair Broadcast Group in the last 3 months. The average price target is $29.00, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 24.62% upside from the last price of $23.27.

This chart shows the closing price for SBGI for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 4 polled investment analysts is to buy stock in Sinclair Broadcast Group. This rating changed within the last month from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
12/2/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/2/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
5/31/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
8/29/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/27/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/25/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/26/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/26/2022

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/23/2022Deutsche Bank AktiengesellschaftLower Price Target$31.00 ➝ $28.00Low
5/5/2022Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$30.00 ➝ $33.00High
4/19/2022Rosenblatt SecuritiesInitiated CoverageNeutral$21.00High
2/24/2022BenchmarkLower Price TargetBuy$38.00 ➝ $34.00High
11/12/2021Deutsche Bank AktiengesellschaftLower Price TargetHold$34.00 ➝ $31.00Medium
7/2/2021Deutsche Bank AktiengesellschaftBoost Price TargetHold$30.00 ➝ $34.00Medium
12/22/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$30.00Medium
12/17/2020Wells Fargo & CompanyUpgradeUnderweight ➝ Equal Weight$24.00 ➝ $31.00Medium
11/20/2020BenchmarkBoost Price TargetBuy$28.00 ➝ $35.00High
10/23/2020UBS GroupReiterated RatingSellLow
8/6/2020Wells Fargo & CompanyBoost Price TargetUnderweight$13.00 ➝ $16.00Low
8/6/2020BenchmarkLower Price TargetBuy$30.00 ➝ $28.00High
8/5/2020Wells Fargo & CompanyDowngradeSellHigh
7/20/2020Wolfe ResearchDowngradeOutperform ➝ Peer Perform$19.00High
6/24/2020BenchmarkLower Price TargetBuy$35.00 ➝ $30.00Low
5/5/2020B. RileyLower Price TargetNeutral$22.00 ➝ $17.00Low
5/4/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$16.00 ➝ $11.00High
4/30/2020GuggenheimLower Price TargetBuy$39.00 ➝ $26.00Low
3/18/2020B. RileyDowngradeBuy ➝ Neutral$35.00 ➝ $22.00High
2/27/2020BenchmarkLower Price TargetBuy$49.00 ➝ $40.00High
2/27/2020B. RileyLower Price TargetBuy$48.00 ➝ $35.00Medium
12/13/2019JPMorgan Chase & Co.Initiated CoverageNeutral$37.00Medium
11/19/2019StephensLower Price TargetOverweight$80.00 ➝ $55.00Medium
9/24/2019Wells Fargo & CompanyInitiated CoverageMarket Perform$48.00High
9/9/2019Cannonball ResearchInitiated CoverageHold$44.00Low
8/21/2019StephensSet Price TargetBuy$80.00High
8/14/2019B. RileyLower Price TargetBuy$70.00 ➝ $61.00Low
8/8/2019BenchmarkReiterated RatingBuy ➝ Buy$90.00 ➝ $80.00Medium
8/7/2019Evercore ISISet Price TargetHold$50.00High
5/7/2019BenchmarkBoost Price TargetBuy$45.00 ➝ $90.00Low
5/7/2019Evercore ISIUpgradeIn-Line ➝ Outperform$61.00Low
5/6/2019B. RileyUpgradeNeutral ➝ Buy$46.00 ➝ $57.00High
4/30/2019B. RileyBoost Price TargetNeutral ➝ Neutral$38.00 ➝ $46.00Low
4/3/2019Wolfe ResearchUpgradeUnderperform ➝ OutperformHigh
2/28/2019BenchmarkBoost Price TargetBuy$39.00 ➝ $45.00High
1/14/2019BenchmarkReiterated RatingBuy$39.00Low
12/18/2018B. RileyBoost Price TargetNeutral ➝ Neutral$35.00 ➝ $38.00Medium
12/7/2018Wolfe ResearchInitiated CoverageUnderperformLow
11/8/2018B. RileyBoost Price TargetNeutral ➝ Neutral$33.00 ➝ $35.00Low
10/16/2018GuggenheimInitiated CoverageBuy ➝ Buy$40.00High
9/26/2018JPMorgan Chase & Co.Initiated CoverageNeutral$32.00Medium
9/6/2018B. RileyDowngradeBuy ➝ Neutral$36.00 ➝ $33.00High
8/10/2018Royal Bank of CanadaLower Price TargetOutperform ➝ Buy$38.00 ➝ $34.00Low
8/9/2018StephensSet Price TargetBuy$35.00Low
7/31/2018Evercore ISIInitiated CoverageIn-Line$34.00Low
7/18/2018Wells Fargo & CompanyLower Price TargetOutperform$50.00 ➝ $40.00Low
7/17/2018B. RileyLower Price TargetBuy ➝ Buy$49.00 ➝ $36.00High
5/14/2018Royal Bank of CanadaLower Price TargetOutperform$38.00Low
5/10/2018BenchmarkReiterated RatingBuy$52.00Low
3/1/2018Royal Bank of CanadaReiterated RatingBuyMedium
3/1/2018B. RileyLower Price TargetBuy ➝ Buy$53.00 ➝ $49.00Medium
2/21/2018BenchmarkReiterated RatingBuy$55.00Low
1/16/2018StephensSet Price TargetBuy$47.00Low
1/4/2018Royal Bank of CanadaReiterated RatingBuy$48.00Low
12/14/2017Jefferies Financial GroupInitiated CoverageBuy$48.00Low
11/27/2017B. RileyBoost Price TargetBuy ➝ Buy$45.00 ➝ $46.00Low
11/3/2017Ameriprise FinancialReiterated RatingBuy$43.00 ➝ $45.00N/A
11/2/2017B. RileyBoost Price TargetBuy$43.00 ➝ $45.00N/A
10/31/2017FBR & Co.Initiated CoverageBuy$43.00N/A
10/20/2017Deutsche Bank AktiengesellschaftInitiated CoverageBuy ➝ Buy$46.00N/A
10/2/2017Wells Fargo & CompanyReiterated RatingOutperform$55.00High
8/1/2017BenchmarkBoost Price TargetBuy ➝ Buy$52.00 ➝ $55.00Medium
7/5/2017Royal Bank of CanadaReiterated RatingBuy$45.00Low
6/3/2017StephensSet Price TargetBuy$46.00Low
(Data available from 5/26/2017 forward)

News Sentiment Rating

0.41 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 5 very negative mentions
10/28/2021
  • 6 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 3 very negative mentions
11/27/2021
  • 5 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/27/2021
  • 8 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
1/26/2022
  • 4 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
2/25/2022
  • 5 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/27/2022
  • 12 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/26/2022
  • 7 very positive mentions
  • 13 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
5/26/2022

Current Sentiment

  • 7 very positive mentions
  • 13 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
Sinclair Broadcast Group logo
Sinclair Broadcast Group, Inc. operates as a media company in the United States. The company operates in two segments, Broadcast and Local Sports. The Broadcast segment broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and programming to television viewing audiences in the communities through its local television stations. As of December 31, 2021, the segment owned, operated, and provided services to 185 stations and 634 channels in 86 markets. The Local Sports segment operates regional sports networks. This segment broadcasts professional sports games and produce content. In addition, this segment owns regional sports network, which has the rights to air games of 45 professional sports teams and other sporting events. The company also owns and operates Tennis Channel, a cable network, which includes coverage of various tennis' top tournaments and original professional sports and tennis lifestyle shows; the Tennis Channel International streaming service; Tennis Magazine, the sport's print publication; and Tennis.com, an online tennis platform. Further, it owns and operates various networks carried on distribution platforms, including Comet, a science fiction network; CHARGE!, an adventure and action-based network; TBD, a multiscreen TV network; Stadium, a professional sports highlights and college games network; STIRR, an ad-supported DTC streaming app; and NewsON, an ad-supported app that provides access to live or on-demand local news broadcasts, including non-Sinclair affiliate partners. Additionally, the company provides technical services to the broadcast industry; and owns various non-media related investments, such as private equity, mezzanine financing, and real estate investments. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.
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Today's Range

Now: $23.27
Low: $21.82
High: $23.42

50 Day Range

MA: $24.92
Low: $21.86
High: $28.03

52 Week Range

Now: $23.27
Low: $21.81
High: $35.69

Volume

964,066 shs

Average Volume

831,813 shs

Market Capitalization

$1.67 billion

P/E Ratio

0.77

Dividend Yield

4.00%

Beta

1.33

Frequently Asked Questions

What sell-side analysts currently cover shares of Sinclair Broadcast Group?

The following Wall Street sell-side analysts have issued stock ratings on Sinclair Broadcast Group in the last year: Benchmark Co., Deutsche Bank Aktiengesellschaft, Rosenblatt Securities, StockNews.com, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for SBGI.

What is the current price target for Sinclair Broadcast Group?

0 Wall Street analysts have set twelve-month price targets for Sinclair Broadcast Group in the last year. Their average twelve-month price target is $29.00, suggesting a possible upside of 24.6%.
View the latest price targets for SBGI.

What is the current consensus analyst rating for Sinclair Broadcast Group?

Sinclair Broadcast Group currently has 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SBGI will outperform the market and that investors should add to their positions of Sinclair Broadcast Group.
View the latest ratings for SBGI.

What other companies compete with Sinclair Broadcast Group?

How do I contact Sinclair Broadcast Group's investor relations team?

Sinclair Broadcast Group's physical mailing address is 10706 BEAVER DAM ROAD, HUNT VALLEY MD, 21030. The company's listed phone number is (410) 568-1500. The official website for Sinclair Broadcast Group is www.sbgi.net. Learn More about contacing Sinclair Broadcast Group investor relations.