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Sinclair - SBGI Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $18.14
  • Forecasted Upside: 49.92%
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$12.10 As of 04/18/2024 01:00 AM ET
▲ +0.32 (2.72%)

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 $18.14
▲ +49.92% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Sinclair in the last 3 months. The average price target is $18.14, with a high forecast of $25.00 and a low forecast of $13.00. The average price target represents a 49.92% upside from the last price of $12.10.

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 contributing investment analysts is to hold stock in Sinclair. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
10/27/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
1/25/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
4/25/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
7/24/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
10/22/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
1/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
3/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
4/19/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/1/2024Wells Fargo & CompanyBoost TargetUnderweight ➝ Underweight$12.00 ➝ $13.00Low
1/18/2024Rosenblatt SecuritiesBoost TargetNeutral ➝ Neutral$10.40 ➝ $15.70Low
11/3/2023GuggenheimLower TargetBuy ➝ Buy$30.00 ➝ $20.00Low
9/5/2023Rosenblatt SecuritiesLower TargetNeutral ➝ Neutral$18.60 ➝ $13.50Low
8/23/2023BenchmarkReiterated RatingBuy ➝ Buy$25.00Low
8/15/2023Deutsche Bank AktiengesellschaftLower TargetHold ➝ Hold$18.00 ➝ $17.00Low
5/9/2023Deutsche Bank AktiengesellschaftLower Target$22.00 ➝ $18.00Low
4/18/2023Deutsche Bank AktiengesellschaftBoost TargetHold$21.00 ➝ $22.00Low
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
(Data available from 4/19/2019 forward)

News Sentiment Rating

0.33 (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
  • 9 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
9/21/2023
  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
10/21/2023
  • 2 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2023
  • 5 very positive mentions
  • 19 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2024
  • 5 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2024
  • 13 very positive mentions
  • 18 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/19/2024
  • 6 very positive mentions
  • 20 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/18/2024

Current Sentiment

  • 6 very positive mentions
  • 20 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Sinclair logo
Sinclair, Inc., a media company, provides content on local television stations and digital platforms in the United States. It operates through two segments, Local Media and Tennis. The Local Media segment operates broadcast television stations, original networks, and content; provides free-over-the-air programming and live local sporting events on its stations; distributes its content to multi-channel video programming distributors in exchange for contractual fees; and produces local and original news programs. This segment operates The Nest, a free over-the-air national broadcast TV network; Comet, a science fiction network; CHARGE!, an adventure and action-based network; and TBD, a multiscreen TV network. The Tennis segment offers Tennis Channel, a cable network which includes coverage of tennis' top tournaments and original professional sports, and tennis lifestyle shows; Tennis Channel International streaming service; Tennis Channel Plus streaming service; T2 FAST, a 24-hours a day free ad-supported streaming television channel; and Tennis.com and Pickleballtv. It also provides digital and internet solutions; and technical services, including the design and manufacture of broadcast systems. The company distributes its content through broadcast platforms and third-party platforms that consist of programming provided by third-party networks and syndicators, local news, and other original programming. Sinclair, Inc. was founded in 1971 and is headquartered in Hunt Valley, Maryland.
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Today's Range

Now: $12.10
Low: $11.65
High: $12.19

50 Day Range

MA: $13.41
Low: $11.54
High: $16.03

52 Week Range

Now: $12.10
Low: $9.39
High: $21.12

Volume

235,224 shs

Average Volume

466,079 shs

Market Capitalization

$769.58 million

P/E Ratio

N/A

Dividend Yield

8.47%

Beta

1.4

Frequently Asked Questions

What sell-side analysts currently cover shares of Sinclair?

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

What is the current price target for Sinclair?

5 Wall Street analysts have set twelve-month price targets for Sinclair in the last year. Their average twelve-month price target is $18.14, suggesting a possible upside of 51.7%. Benchmark Co. has the highest price target set, predicting SBGI will reach $25.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $13.00 for Sinclair in the next year.
View the latest price targets for SBGI.

What is the current consensus analyst rating for Sinclair?

Sinclair currently has 1 sell rating, 2 hold ratings 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?

Other companies that are similar to Sinclair include Gray Television, Gray Television, Central European Media Enterprises, E.W. Scripps and Entravision Communications. Learn More about companies similar to Sinclair.

How do I contact Sinclair's investor relations team?

Sinclair'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 is www.sbgi.net. Learn More about contacing Sinclair investor relations.