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NASDAQ: SBGI
Sinclair Broadcast Group Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for SBGI

Based on 6 analysts offering 12 month price targets for Sinclair Broadcast Group Inc.
Min Forecast
$16.00-23.41%
Avg Forecast
$27.00+29.25%
Max Forecast
$50.00+139.35%

Should I buy or sell SBGI stock?

Based on 6 analysts offering ratings for Sinclair Broadcast Group Inc.
Hold
Strong Buy
2 analysts 33.33%
Buy
0 analysts 0%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
2 analysts 33.33%

Be the first to know when Wall Street analysts revise their SBGI stock forecasts and price targets.

SBGI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Bottom 19%
19
Strong SellDowngrades$16.00-25.16%2022-12-08
Wells Fargo
Top 24%
77
Strong SellDowngrades$16.00-25.16%2022-11-03
Rosenblatt
Bottom 7%
7
HoldMaintains$18.00-15.81%2022-11-03
EF Hutton
Bottom 4%
4
Strong BuyMaintains$50.00+133.86%2022-10-05
Deutsche Bank
Top 30%
71
HoldMaintains$28.00+30.96%2022-05-23
Benchmark
Top 7%
94
Strong BuyMaintains$34.00+59.03%2022-02-24

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Forecast return on equity

Is SBGI forecast to generate an efficient return?
Company
29.39%
Industry
232.69%
Market
47.84%
SBGI's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SBGI forecast to generate an efficient return on assets?
Company
3.14%
Industry
70.98%
SBGI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SBGI earnings per share forecast

What is SBGI's earnings per share in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
-$0.22-100.63%
Avg 2 year Forecast
$2.98-91.44%

SBGI revenue forecast

What is SBGI's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$3.4B-23.79%
Avg 2 year Forecast
$3.8B-15.35%
SBGI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SBGI revenue growth forecast

How is SBGI forecast to perform vs Broadcasting companies and vs the US market?
Company
-23.79%
Industry
-15.59%
Market
70.63%
SBGI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SBGI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SBGI vs Broadcasting Stocks

TickerPricePrice TargetUp/downsideConsensus
SBGI$21.38$27.00+26.29%Hold
SSP$15.59$14.00-10.20%Buy
GTN$13.24$17.33+30.91%Hold
IHRT$8.51$13.50+58.64%Hold
AMCX$19.07$20.75+8.81%Sell
View Top Broadcasting Stocks

Sinclair Broadcast Group Stock Forecast FAQ

Is Sinclair Broadcast Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: SBGI) stock is to Hold SBGI stock.

Out of 6 analysts, 2 (33.33%) are recommending SBGI as a Strong Buy, 0 (0%) are recommending SBGI as a Buy, 2 (33.33%) are recommending SBGI as a Hold, 0 (0%) are recommending SBGI as a Sell, and 2 (33.33%) are recommending SBGI as a Strong Sell.

If you're new to stock investing, here's how to buy Sinclair Broadcast Group stock.

What is SBGI's earnings growth forecast for 2023-2024?

(NASDAQ: SBGI) Sinclair Broadcast Group's forecast annual earnings growth rate of N/A is not forecast to beat the US Broadcasting industry's average forecast earnings growth rate of 27.73%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 84.98%.

Sinclair Broadcast Group's earnings in 2023 is $2,508,000,000.On average, 1 Wall Street analyst forecast SBGI's earnings for 2023 to be -$15,317,683, with the lowest SBGI earnings forecast at -$15,317,683, and the highest SBGI earnings forecast at -$15,317,683.

In 2024, SBGI is forecast to generate $207,484,973 in earnings, with the lowest earnings forecast at $207,484,973 and the highest earnings forecast at $207,484,973.

What is SBGI's revenue growth forecast for 2023-2024?

(NASDAQ: SBGI) Sinclair Broadcast Group's forecast annual revenue growth rate of -23.79% is not forecast to beat the US Broadcasting industry's average forecast revenue growth rate of -15.59%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 70.63%.

Sinclair Broadcast Group's revenue in 2023 is $4,444,000,000.On average, 2 Wall Street analysts forecast SBGI's revenue for 2023 to be $235,818,508,660, with the lowest SBGI revenue forecast at $235,740,527,731, and the highest SBGI revenue forecast at $235,896,489,590.

In 2024, SBGI is forecast to generate $261,910,092,194 in revenue, with the lowest revenue forecast at $261,910,092,194 and the highest revenue forecast at $261,910,092,194.

What is SBGI's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: SBGI) forecast ROA is 3.14%, which is lower than the forecast US Broadcasting industry average of 70.98%.

What is SBGI's Price Target?

According to 6 Wall Street analysts that have issued a 1 year SBGI price target, the average SBGI price target is $27.00, with the highest SBGI stock price forecast at $50.00 and the lowest SBGI stock price forecast at $16.00.

On average, Wall Street analysts predict that Sinclair Broadcast Group's share price could reach $27.00 by Dec 8, 2023. The average Sinclair Broadcast Group stock price prediction forecasts a potential upside of 26.29% from the current SBGI share price of $21.38.

What is SBGI's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: SBGI) Sinclair Broadcast Group's current Earnings Per Share (EPS) is $34.82. On average, analysts forecast that SBGI's EPS will be -$0.22 for 2023, with the lowest EPS forecast at -$0.22, and the highest EPS forecast at -$0.22. In 2024, SBGI's EPS is forecast to hit $2.98 (min: $2.98, max: $2.98).

What is SBGI's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: SBGI) forecast ROE is 29.39%, which is considered strong.
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