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Sinclair Broadcast (SBGI)
NASDAQ:SBGI
Holding SBGI?
Track your performance easily
See the Price Targets and Ratings of:
SBGI Analyst Ratings
Hold
1 Buy
1 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
SBGI Stock 12 Month Forecast
Average Price Target
$19.67
▲(19.94% Upside)
| Highest Price Target$30.00 | Average Price Target$19.67 | Lowest Price Target$13.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Wells Fargo
Reiterated
10/22/24
Benchmark Co.
Assigned
09/23/24
Deutsche Bank
Reiterated
08/13/24
Guggenheim
$18
Buy
9.76%
Upside
Reiterated
05/15/24
We have updated our model to reflect SBGI's 1Q24 results and forward- looking commentary. Management guided 2Q24 revenue and EBITDA to $823mm- $843mm (we are at $837mm) and $132mm-$155mm (we are at $149mm), respectively. Our model reflects improving core advertising trends in 2Q, modest retrans growth for 2024, and strong political (we are at $385mm for the year). We forecast $308mm of average annual FCF for the 2024/25 cycle, implying ~$4.85 per share (a ~34% FCF yield). We maintain our BUY rating and $18 price target. Our price target is based on a 6.5x (unchanged) 2024/25E EV/EBITDA multiple for the investment portfolio (at a 75% discount to management's estimated value).
Rosenblatt Securities
$10.4→$15.7
Hold
-4.27%
Downside
Reiterated
01/18/24
Sinclair Broadcasting (SBGI) PT Raised to $15.70 at RosenblattRosenblatt analyst Barton Crockett raised the price target on Sinclair Broadcasting (NASDAQ: SBGI) to $15.70 (from $10.40) while maintaining a Neutral rating.
Best Analysts Covering Sinclair Broadcast
Which Analyst Should I Follow If I Want to Buy SBGI and Sell After:
1 Month
xxx
Success Rate
8/19 ratings generated profit
Average Return
-2.96%
assigned a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 42.11% of your transactions generating a profit, with an average return of -2.96% per trade.
3 Months
xxx
Success Rate
10/19 ratings generated profit
Average Return
+3.41%
assigned a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 52.63% of your transactions generating a profit, with an average return of +3.41% per trade.
1 Year
Success Rate
12/19 ratings generated profit
Average Return
+15.37%
assigned a buy rating 2 months ago
Copying Daniel Kurnos's trades and holding each position for 1 Year would result in 63.16% of your transactions generating a profit, with an average return of +15.37% per trade.
2 Years
xxx
Success Rate
8/19 ratings generated profit
Average Return
-6.34%
assigned a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 42.11% of your transactions generating a profit, with an average return of -6.34% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
SBGI Analyst Recommendation Trends
Rating
Feb 24
May 24
Aug 24
Sep 24
Oct 24
Strong Buy
2
1
2
2
2
Buy
1
1
1
1
0
Hold
3
2
2
2
1
Sell
3
4
3
1
1
Strong Sell
0
0
0
0
0
total
9
8
8
6
4
Each month's total comprises the sum of three months' worth of ratings.
SBGI Financial Forecast
SBGI Stock Forecast FAQ
What is SBGI’s average 12-month price target, according to analysts?
Based on analyst ratings, Sinclair Broadcast’s 12-month average price target is $19.67.
What is SBGI’s upside potential, based on the analysts’ average price target?
Sinclair Broadcast has 19.94% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is SBGI a Buy, Sell or Hold?
Sinclair Broadcast has a consensus rating of Hold which is based on 1 buy ratings, 1 hold ratings and 1 sell ratings.
What is Sinclair Broadcast’s price target?
The average price target for Sinclair Broadcast is $19.67. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $30.00 ,the lowest forecast is $13.00. The average price target represents 19.94% Increase from the current price of $16.4.
The highest analyst price target is $30.00 ,the lowest forecast is $13.00. The average price target represents 19.94% Increase from the current price of $16.4.
What do analysts say about Sinclair Broadcast?
Sinclair Broadcast’s analyst rating consensus is a Hold. This is based on the ratings of 3 Wall Streets Analysts.
How can I buy shares of SBGI?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.