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Sinclair Broadcast Group (SBGI) Stock Forecast, Price Target & Predictions

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SBGI Stock Forecast

Sinclair Broadcast Group (SBGI) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $19.00, with a high of $19.00 and a low of $19.00. This represents a 29.78% increase from the last price of $14.64.

$12 $13 $14 $15 $16 $17 $18 $19 High: $19 Avg: $19 Low: $19 Last Closed Price: $14.64

SBGI Stock Rating

Sinclair Broadcast Group stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (62.50%), 2 Hold (25.00%), 1 Sell (12.50%), and 0 Strong Sell (0.00%).

Buy
Total 8 0 1 2 5 Strong Sell Sell Hold Buy Strong Buy

SBGI Forecast vs Benchmarks

TypeNameUpside
StockSinclair Broadcast Group29.78%
SectorCommunication Services Stocks 2.10%
IndustryEntertainment Stocks 0.46%

Price Target Trends

1M3M12M
# Anlaysts-12
Avg Price Target-$19.00$17.35
Last Closing Price$14.64$14.64$14.64
Upside/Downside-29.78%18.51%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-23117
Dec, 24-24118
Nov, 242542114
Oct, 242533114
Sep, 242533114
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 07, 2024Steven CahallWells Fargo$19.00$16.8113.03%29.78%
Feb 07, 2024Barton CrockettRosenblatt Securities$15.70$14.696.88%7.24%
Apr 04, 2023David KarnovskyJ.P. Morgan$16.00$16.61-3.67%9.29%
Oct 05, 2022Edward ReillyEF Hutton$50.00$19.16160.96%241.53%
Sep 06, 2022Barton CrockettRosenblatt Securities$24.00$21.839.94%63.93%
May 23, 2022Deutsche Bank$28.00$24.9612.18%91.26%
Apr 26, 2022Edward ReillyEF Hutton$41.00$22.9178.96%180.05%
Apr 19, 2022Rosenblatt Securities$21.00$24.38-13.86%43.44%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Sep 23, 2024BenchmarkBuyBuyhold
Aug 06, 2024OppenheimerOutperformOutperformhold
Jul 09, 2024Wells FargoUnderweightUnderweighthold
Apr 05, 2024BenchmarkBuyBuyhold
Mar 20, 2024BarclaysEqual-WeightEqual-Weighthold
Mar 06, 2024Wells FargoUnderweightUnderweighthold
Feb 07, 2024BarclaysEqual-WeightEqual-Weighthold
Dec 20, 2023CitigroupBuyBuyhold
Dec 05, 2023Deutsche BankHoldHoldhold
Nov 02, 2023BenchmarkBuyBuyhold

Financial Forecast

EPS Forecast

$-35 $-20 $-5 $10 $25 $40 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-30.39$-4.34$37.54$-4.47-----
Avg Forecast$-31.56$-4.51$37.05$1.18$4.00$-0.18$3.73$1.00-
High Forecast$-31.91$-4.56$35.05$1.12$3.78$-10.40$1.82$0.79-
Low Forecast$-31.06$-4.44$37.93$1.21$4.09$10.13$5.06$1.21-
Surprise %-3.71%-3.77%1.32%-478.81%-----

Revenue Forecast

$3B $4B $4B $5B $6B $7B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$5.94B$6.13B$3.93B$3.13B-----
Avg Forecast$5.95B$6.22B$3.83B$3.15B$3.55B$3.26B$3.57B$3.36B$3.68B
High Forecast$5.88B$6.14B$3.67B$3.02B$3.41B$3.25B$3.53B$3.29B$3.53B
Low Forecast$6.00B$6.27B$3.90B$3.20B$3.61B$3.32B$3.62B$3.42B$3.75B
Surprise %-0.08%-1.38%2.46%-0.41%-----

Net Income Forecast

$-40B $-31B $-22B $-13B $-4B $5B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-2.43B$-326.00M$2.65B$-291.00M-----
Avg Forecast$-29.60B$-1.84B$-2.07B$-291.00M$256.39M$-57.99M$206.56M$65.20M-
High Forecast$-37.20B$-2.22B$-2.51B$-352.20M$246.46M$-677.38M$118.21M$51.41M-
Low Forecast$-22.00B$-1.45B$-1.64B$-229.80M$266.33M$660.02M$329.61M$78.98M-
Surprise %-91.79%-82.24%-227.93%------

SBGI Forecast FAQ

Is Sinclair Broadcast Group stock a buy?

Sinclair Broadcast Group stock has a consensus rating of Buy, based on 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 2 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Sinclair Broadcast Group is a favorable investment for most analysts.

What is Sinclair Broadcast Group's price target?

Sinclair Broadcast Group's price target, set by 8 Wall Street analysts, averages $19 over the next 12 months. The price target range spans from $19 at the low end to $19 at the high end, suggesting a potential 29.78% change from the previous close price of $14.64.

How does Sinclair Broadcast Group stock forecast compare to the average forecast of its sector, industry, and investment themes?

Sinclair Broadcast Group stock forecast shows a 29.78% upside, outperforming the average forecast for the communication services stocks sector (2.10%) and outperforming the entertainment stocks industry (0.46%).

What is the breakdown of analyst ratings for Sinclair Broadcast Group over the past three months?

  • January 2025: 0% Strong Buy, 28.57% Buy, 42.86% Hold, 14.29% Sell, 14.29% Strong Sell.
  • December 2024: 0% Strong Buy, 25.00% Buy, 50.00% Hold, 12.50% Sell, 12.50% Strong Sell.
  • November 2024: 14.29% Strong Buy, 35.71% Buy, 28.57% Hold, 14.29% Sell, 7.14% Strong Sell.

What is Sinclair Broadcast Group’s EPS forecast?

Sinclair Broadcast Group's average annual EPS forecast for its fiscal year ending in December is 4 for 2024, a -189.49% decrease from the reported $-4.47 in 2023. The prediction for 2025 is $-0.18, $3.73 for 2026, $1 for 2027, and $0 for 2028.

What is Sinclair Broadcast Group’s revenue forecast?

Sinclair Broadcast Group's average annual revenue forecast for its fiscal year ending in December is $3.55B for 2024, a 13.27% increase from the reported $3.13B in 2023. The forecast for 2025 is $3.26B, $3.57B for 2026, $3.36B for 2027, and $3.68B for 2028.

What is Sinclair Broadcast Group’s net income forecast?

For its fiscal year ending in December, Sinclair Broadcast Group's average annual net income forecast is $256.39M for 2024, reflecting a -188.11% decrease from the reported $-291M in 2023. The projection for 2025 is $-57.992M, $206.56M for 2026, $65.2M for 2027, and $0 for 2028.