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Sinclair Broadcast Group - SBGI Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $25.83
  • Forecasted Upside: 80.91%
  • Number of Analysts: 5
  • Breakdown:
  • 2 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$14.28 As of 03/23/2023 01:00 AM ET
▲ +0.66 (4.85%)

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 $25.83
▲ +80.91% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Sinclair Broadcast Group in the last 3 months. The average price target is $25.83, with a high forecast of $50.00 and a low forecast of $15.00. The average price target represents a 80.91% upside from the last price of $14.28.

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 Hold

The current consensus among 5 polled investment analysts is to hold stock in Sinclair Broadcast Group. This rating has held steady since March 2022, when it changed from a Buy 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
  • 1 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
9/29/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/28/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/28/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
6/26/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
9/24/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
12/23/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
2/21/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
3/23/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/23/2023Rosenblatt SecuritiesLower TargetNeutral$18.00 ➝ $16.00Low
2/22/2023Wells Fargo & CompanyLower TargetUnderweight$16.00 ➝ $15.00Low
2/21/2023BenchmarkReiterated RatingBuy$30.00Low
12/8/2022JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$25.00 ➝ $16.00Low
11/3/2022Rosenblatt SecuritiesLower TargetNeutral$20.00 ➝ $18.00Low
11/2/2022Wells Fargo & CompanyDowngradeOverweight ➝ Underweight$30.00 ➝ $16.00Low
10/5/2022EF Hutton Acquisition Co. IBoost TargetBuy$40.00 ➝ $50.00Low
10/4/2022Rosenblatt SecuritiesLower TargetNeutral$24.00 ➝ $20.00Low
5/23/2022Deutsche Bank AktiengesellschaftLower 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 TargetBuy$38.00 ➝ $34.00High
11/12/2021Deutsche Bank AktiengesellschaftLower TargetHold$34.00 ➝ $31.00Medium
7/2/2021Deutsche Bank AktiengesellschaftBoost 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 TargetBuy$28.00 ➝ $35.00High
10/23/2020UBS GroupReiterated RatingSellLow
8/6/2020Wells Fargo & CompanyBoost TargetUnderweight$13.00 ➝ $16.00Low
8/6/2020BenchmarkLower TargetBuy$30.00 ➝ $28.00High
8/5/2020Wells Fargo & CompanyDowngradeSellHigh
7/20/2020Wolfe ResearchDowngradeOutperform ➝ Peer Perform$19.00High
6/24/2020BenchmarkLower TargetBuy$35.00 ➝ $30.00Low
5/5/2020B. RileyLower TargetNeutral$22.00 ➝ $17.00Low
5/4/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$16.00 ➝ $11.00High
4/30/2020GuggenheimLower TargetBuy$39.00 ➝ $26.00Low
3/18/2020B. RileyDowngradeBuy ➝ Neutral$35.00 ➝ $22.00High
2/27/2020BenchmarkLower TargetBuy$49.00 ➝ $40.00High
2/27/2020B. RileyLower TargetBuy$48.00 ➝ $35.00Medium
12/13/2019JPMorgan Chase & Co.Initiated CoverageNeutral$37.00Medium
11/19/2019StephensLower TargetOverweight$80.00 ➝ $55.00Medium
9/24/2019Wells Fargo & CompanyInitiated CoverageMarket Perform$48.00High
9/9/2019Cannonball ResearchInitiated CoverageHold$44.00Low
8/21/2019StephensSet TargetBuy$80.00High
8/14/2019B. RileyLower TargetBuy$70.00 ➝ $61.00Low
8/8/2019BenchmarkReiterated RatingBuy ➝ Buy$90.00 ➝ $80.00Medium
8/7/2019Evercore ISISet TargetHold$50.00High
5/7/2019BenchmarkBoost 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 TargetNeutral ➝ Neutral$38.00 ➝ $46.00Low
4/3/2019Wolfe ResearchUpgradeUnderperform ➝ OutperformHigh
2/28/2019BenchmarkBoost TargetBuy$39.00 ➝ $45.00High
1/14/2019BenchmarkReiterated RatingBuy$39.00Low
12/18/2018B. RileyBoost TargetNeutral ➝ Neutral$35.00 ➝ $38.00Medium
12/7/2018Wolfe ResearchInitiated CoverageUnderperformLow
11/8/2018B. RileyBoost 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 TargetOutperform ➝ Buy$38.00 ➝ $34.00Low
8/9/2018StephensSet TargetBuy$35.00Low
7/31/2018Evercore ISIInitiated CoverageIn-Line$34.00Low
7/18/2018Wells Fargo & CompanyLower TargetOutperform$50.00 ➝ $40.00Low
7/17/2018B. RileyLower TargetBuy ➝ Buy$49.00 ➝ $36.00High
5/14/2018Royal Bank of CanadaLower TargetOutperform$38.00Low
5/10/2018BenchmarkReiterated RatingBuy$52.00Low
(Data available from 3/23/2018 forward)

News Sentiment Rating

0.53 (Buy)

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
  • 7 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/25/2022
  • 0 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
9/24/2022
  • 2 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
10/24/2022
  • 9 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
11/23/2022
  • 3 very positive mentions
  • 6 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
12/23/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/22/2023
  • 7 very positive mentions
  • 14 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
2/21/2023
  • 11 very positive mentions
  • 18 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
3/23/2023

Current Sentiment

  • 11 very positive mentions
  • 18 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Sinclair Broadcast Group logo
Sinclair 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.
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Today's Range

Now: $14.28
Low: $13.81
High: $14.58

50 Day Range

MA: $17.68
Low: $12.65
High: $21.84

52 Week Range

Now: $14.28
Low: $12.64
High: $28.51

Volume

996,797 shs

Average Volume

641,362 shs

Market Capitalization

$993.46 million

P/E Ratio

0.39

Dividend Yield

7.54%

Beta

1.42

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, EF Hutton Acquisition Co. I, JPMorgan Chase & Co., Rosenblatt Securities, StockNews.com, TheStreet, and Wells Fargo & Company.
View the latest analyst ratings for SBGI.

What is the current price target for Sinclair Broadcast Group?

6 Wall Street analysts have set twelve-month price targets for Sinclair Broadcast Group in the last year. Their average twelve-month price target is $25.83, suggesting a possible upside of 80.9%. EF Hutton Acquisition Co. I has the highest price target set, predicting SBGI will reach $50.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $15.00 for Sinclair Broadcast Group in the next year.
View the latest price targets for SBGI.

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

Sinclair Broadcast Group currently has 2 sell ratings, 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SBGI, but not buy more shares or sell existing shares.
View the latest ratings for SBGI.

What other companies compete with Sinclair Broadcast Group?

Other companies that are similar to Sinclair Broadcast Group include Entravision Communications, Gray Television, Gray Television, E.W. Scripps and Grupo Televisa, S.A.B.. Learn More about companies similar to 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.