Sinclair Broadcast Group, Inc. operates as a media company in the United States. The company operates in two segments, Broadcast and Local Sports.
Sinclair stock last closed at $14.84, down 1.72% from the previous day, and has decreased 38.68% in one year. It has underperformed other stocks in the Broadcasting industry by 0.15 percentage points. Sinclair stock is currently +17.41% from its 52-week low of $12.64, and -42.46% from its 52-week high of $25.79.
At the moment, there are 63.04M shares of SBGI outstanding. The market cap of SBGI is $935.50M. In the last 24 hours, 818,083 SBGI shares were traded.
You need a brokerage account to access the NASDAQ market and buy SBGI stock.
In our opinion, eToro is the best online stock brokerage. eToro gives you:
Get $10 towards your purchase of shares by creating an account with eToro now.Open eToro Account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can buy SBGI today.
Now that you have finished signing up on the highest rated stock app, you need to deposit funds:
Check out the tutorial below to see the process of transferring money into your new investment account.
Once you have identified the best place to buy Sinclair stock, it's critical to research their stock before you buy, so you can wrap your head around the risk and opportunity.
WallStreetZen was built to help average investors do more accurate fundamental analysis.
You can view all of the due diligence checks on SBGI's stock page.
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SBGI's true value.
Using relative valuations metrics:
You can access additional valuation analysis on SBGI's stock here.
Out of 6 Wall Street analysts who give recommendations on SBGI, the consensus analyst rating on Sinclair is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Benjamin Soff, a bottom 39% analyst from Deutsche Bank maintains SBGI with a hold rating and lowers their SBGI price target from $22.00 to $18.00, on May 9, 2023.
Edward Reilly, a bottom 3% analyst from EF Hutton maintains SBGI with a strong buy rating and lowers their SBGI price target from $38.00 to $25.00, on May 4, 2023.
Steven Cahall, a top 18% analyst from Wells Fargo maintains SBGI with a strong sell rating and lowers their SBGI price target from $16.00 to $15.00, on Feb 23, 2023.
Barton Crockett, a bottom 14% analyst from Rosenblatt maintains SBGI with a hold rating and lowers their SBGI price target from $18.00 to $16.00, on Feb 23, 2023.
Daniel Kurnos, a top 14% analyst from Benchmark reiterates SBGI with a strong buy rating and maintains their SBGI price target from $30.00 to $30.00, on Feb 21, 2023.
You can dig deeper into what analysts are projecting on the Sinclair stock forecast page.
Last year, SBGI earnings were $250.00M. In the last five year, SBGI's earnings have increased by -7.64% per year. This was slower than the Broadcasting industry average of -1.16%.
Last year, SBGI revenue was $3.41B. In the past five year, SBGI's revenue has gone up by 5% per year. This was slower than the Broadcasting industry average of 11.38%.
Dig into SBGI's earnings and revenue performance here.
In the last 12 months, executives and large shareholders at SBGI have bought more shares than they have sold.
David R. Bochenek, Chief Accounting Officer of SBGI, was the latest SBGI insider to sell. They sold $74,356.32 worth of SBGI shares on Mar 2, 2023.
Research more about who owns SBGI shares here.
Sinclair pays a dividend of 6.74%, compared to the Broadcasting industry's average dividend yield of 4.84%. If you owned $1,000 of SBGI stock, you would have received $67.39 last year.
Sinclair dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Sinclair dividend yield and history here.
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
You have two primary order types:
Press the Open button and eToro will execute the order.
If you want additional info about buying stocks on eToro, watch the helpful video below:
Now that you own some shares in SBGI, you'll want to stay up-to-date on your new shares.
Add SBGI to a watchlist to track the most important metrics related to your SBGI stock.
To summarize, here are the 6 steps to buy Sinclair stock:
If you require a brokerage, eToro is our recommended venue.Get Started with eToro Today
If you would like to get the latest scoop on your investment in Sinclair, create your watchlist below.
How much does it cost to buy one Sinclair share?
Is now a good time to buy Sinclair stock?
What is the best way to buy Sinclair stock?