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

  • Consensus Rating: Hold
  • Consensus Price Target: $25.00
  • Forecasted Upside: -9.75 %
  • Number of Analysts: 6
  • Breakdown:
  • 2 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$27.70
▲ +0.94 (3.51%)
1 month | 3 months | 12 months
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Analyst Price Target for SBGI

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$25.00
▼ -9.75% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Sinclair Broadcast Group in the last 3 months. The average price target is $25.00, with a high forecast of $37.00 and a low forecast of $16.00. The average price target represents a -9.75% upside from the last price of $27.70.
Hold
The current consensus among 6 contributing investment analysts is to hold stock in Sinclair Broadcast Group. This rating has held steady since August 2019, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/2/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/31/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
11/29/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
2/27/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 1 sell ratings
5/27/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
8/25/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 2 sell ratings
10/24/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 2 sell ratings
11/23/2020

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/20/2020BenchmarkBoost Price TargetBuy$28.00 ➝ $35.00High
i
10/23/2020UBS GroupReiterated RatingSellLow
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8/6/2020Wells Fargo & CompanyBoost Price TargetUnderweight$13.00 ➝ $16.00Low
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Rating by Steven Cahall at Wells Fargo & Company
8/6/2020BenchmarkLower Price TargetBuy$30.00 ➝ $28.00High
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8/5/2020Wells Fargo & CompanyDowngradeSellHigh
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Rating by Steven Cahall at Wells Fargo & Company
7/20/2020Wolfe ResearchDowngradeOutperform ➝ Peer Perform$19.00High
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6/24/2020BenchmarkLower Price TargetBuy$35.00 ➝ $30.00Low
i
5/5/2020B. RileyLower Price TargetNeutral$22.00 ➝ $17.00Low
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Rating by Z. Silver at B. Riley
5/4/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$16.00 ➝ $11.00High
i
4/30/2020GuggenheimLower Price TargetBuy$39.00 ➝ $26.00Low
i
3/18/2020B. RileyDowngradeBuy ➝ Neutral$35.00 ➝ $22.00High
i
Rating by Z. Silver at B. Riley
2/27/2020BenchmarkLower Price TargetBuy$49.00 ➝ $40.00High
i
2/27/2020B. RileyLower Price TargetBuy$48.00 ➝ $35.00Medium
i
12/13/2019JPMorgan Chase & Co.Initiated CoverageNeutral$37.00Medium
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11/19/2019StephensLower Price TargetOverweight$80.00 ➝ $55.00Medium
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Rating by Kyle Evans at Stephens
9/24/2019Wells Fargo & CompanyInitiated CoverageMarket Perform$48.00High
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9/9/2019Cannonball ResearchInitiated CoverageHold$44.00Low
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Rating by Vasily Karasyov at Cannonball Research
8/21/2019StephensSet Price TargetBuy$80.00High
i
Rating by Kyle Evans at Stephens
8/14/2019B. RileyLower Price TargetBuy$70.00 ➝ $61.00Low
i
Rating by Z. Silver at B. Riley
8/8/2019BenchmarkReiterated RatingBuy ➝ Buy$90.00 ➝ $80.00Medium
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8/7/2019Evercore ISISet Price TargetHold$50.00High
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Rating by David Joyce at Evercore ISI
5/7/2019BenchmarkBoost Price TargetBuy$45.00 ➝ $90.00Low
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5/7/2019Evercore ISIUpgradeIn-Line ➝ Outperform$61.00Low
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5/6/2019B. RileyUpgradeNeutral ➝ Buy$46.00 ➝ $57.00High
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Rating by Z. Silver at B. Riley
4/30/2019B. RileyBoost Price TargetNeutral ➝ Neutral$38.00 ➝ $46.00Low
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4/3/2019Wolfe ResearchUpgradeUnderperform ➝ OutperformHigh
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2/28/2019BenchmarkBoost Price TargetBuy$39.00 ➝ $45.00High
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1/14/2019BenchmarkReiterated RatingBuy$39.00Low
i
12/18/2018B. RileyBoost Price TargetNeutral ➝ Neutral$35.00 ➝ $38.00Medium
i
Rating by B. Crockett at B. Riley
12/7/2018Wolfe ResearchInitiated CoverageUnderperformLow
i
11/8/2018B. RileyBoost Price TargetNeutral ➝ Neutral$33.00 ➝ $35.00Low
i
Rating by B. Crockett at B. Riley
10/16/2018GuggenheimInitiated CoverageBuy ➝ Buy$40.00High
i
9/26/2018JPMorgan Chase & Co.Initiated CoverageNeutral$32.00Medium
i
9/6/2018B. RileyDowngradeBuy ➝ Neutral$36.00 ➝ $33.00High
i
Rating by B. Crockett at B. Riley
8/10/2018Royal Bank of CanadaLower Price TargetOutperform ➝ Buy$38.00 ➝ $34.00Low
i
Rating by Leo Kulp at Royal Bank of Canada
8/9/2018StephensSet Price TargetBuy$35.00Low
i
Rating by Kyle Evans at Stephens
7/31/2018Evercore ISIInitiated CoverageIn-Line$34.00Low
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7/18/2018Wells Fargo & CompanyLower Price TargetOutperform$50.00 ➝ $40.00Low
i
7/17/2018B. RileyLower Price TargetBuy ➝ Buy$49.00 ➝ $36.00High
i
5/14/2018Royal Bank of CanadaLower Price TargetOutperform$38.00Low
i
5/10/2018BenchmarkReiterated RatingBuy$52.00Low
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3/1/2018Royal Bank of CanadaReiterated RatingBuyMedium
i
3/1/2018B. RileyLower Price TargetBuy ➝ Buy$53.00 ➝ $49.00Medium
i
Rating by B. Crockett at B. Riley
2/21/2018BenchmarkReiterated RatingBuy$55.00Low
i
1/16/2018StephensSet Price TargetBuy$47.00Low
i
Rating by Kyle Evans at Stephens
1/4/2018Royal Bank of CanadaReiterated RatingBuy$48.00Low
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12/14/2017Jefferies Financial GroupInitiated CoverageBuy$48.00Low
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11/27/2017B. RileyBoost Price TargetBuy ➝ Buy$45.00 ➝ $46.00Low
i
Rating by B. Crockett at B. Riley
11/3/2017Ameriprise FinancialReiterated RatingBuy$43.00 ➝ $45.00N/A
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11/2/2017B. RileyBoost Price TargetBuy$43.00 ➝ $45.00N/A
i
Rating by B. Crockett at B. Riley
10/31/2017FBR & CoInitiated CoverageBuy$43.00N/A
i
Rating by B. Crockett at FBR & Co
10/20/2017Deutsche Bank AktiengesellschaftInitiated CoverageBuy ➝ Buy$46.00N/A
i
Rating by Clay Griffin at Deutsche Bank Aktiengesellschaft
10/2/2017Wells Fargo & CompanyReiterated RatingOutperform$55.00High
i
8/1/2017BenchmarkBoost Price TargetBuy ➝ Buy$52.00 ➝ $55.00Medium
i
7/5/2017Royal Bank of CanadaReiterated RatingBuy$45.00Low
i
6/3/2017StephensSet Price TargetBuy$46.00Low
i
Rating by Kyle Evans at Stephens
5/4/2017BenchmarkBoost Price TargetBuy$45.00 ➝ $52.00Low
i
3/6/2017Wells Fargo & CompanyReiterated RatingBuyN/A
i
2/23/2017Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$43.00 ➝ $47.00N/A
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2/23/2017WedbushBoost Price TargetOutperform ➝ Outperform$36.00 ➝ $42.00N/A
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11/3/2016BenchmarkReiterated RatingBuy$44.00N/A
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11/3/2016StephensUpgradeEqual Weight ➝ OverweightN/A
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9/27/2016WedbushLower Price TargetOutperform$37.00 ➝ $36.00N/A
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2/25/2016WedbushLower Price TargetOutperform$39.00 ➝ $37.00N/A
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Rating by James Dix at Wedbush
1/28/2016WedbushReiterated RatingOutperform$36.00 ➝ $39.00N/A
i
(Data available from 11/23/2015 forward)
Sinclair Broadcast Group logo
Sinclair Broadcast Group, Inc. operates as a diversified television media company in the United States. The company operates in two segments, Local News and Marketing Services; and Sports. It owns or provides various programming, operating, sales, and other non-programming operating services to television stations. The company 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 internally originated programming to television viewing audiences in the communities through its local television stations. As of December 31, 2019, it owned, operated, and/or provided services to 191 stations in 89 markets, which broadcast 629 channels. The company also owns and operates various networks carried on distribution platforms; and Tennis Channel, a cable network that includes coverage of various tennis' top tournaments and original professional sport, and tennis lifestyle shows. In addition, it owns regional sports network, which has the exclusive rights to air games of 45 professional sports teams and other sporting events. Further, the company offers digital agency services; and provides broadcast related technical services to the broadcast industry, as well as designs and manufactures broadcast systems, including transmitters and antennas. Additionally, it owns various non-media related investments, including private equity, mezzanine financing, and real estate investments. It also offers Tennis Magazine; and operates Tennis.com, an online tennis platform. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.
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Today's Range

Now: $27.70
$26.86
$28.03

50 Day Range

MA: $19.70
$17.19
$26.06

52 Week Range

Now: $27.70
$10.57
$36.86

Volume

2,227,275 shs

Average Volume

1,685,481 shs

Market Capitalization

$2.05 billion

P/E Ratio

6.44

Dividend Yield

2.99%

Beta

1.33