Sinclair, Inc. (NASDAQ:SBGI) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Sinclair, Inc. (NASDAQ:SBGI) have been given an average recommendation of “Hold” by the six analysts that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $19.20.

Several research analysts have issued reports on the stock. Guggenheim lowered their price target on shares of Sinclair from $20.00 to $19.00 and set a “buy” rating for the company in a report on Tuesday, May 5th. Weiss Ratings raised shares of Sinclair from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, June 30th. Wells Fargo & Company decreased their price objective on shares of Sinclair from $17.00 to $16.00 and set an “equal weight” rating for the company in a research report on Friday, May 1st. Wall Street Zen raised shares of Sinclair from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Deutsche Bank Aktiengesellschaft set a $17.00 target price on shares of Sinclair in a report on Wednesday, April 15th.

Sinclair News Summary

Here are the key news stories impacting Sinclair this week:

• Positive Sentiment: Potential FCC ownership-cap repeal could support growth. Sinclair CEO Chris Ripley welcomed the expected FCC vote to eliminate the federal limit restricting a single owner from controlling stations reaching more than 39% of U.S. households. Removing the cap could enable industry consolidation and provide Sinclair with more acquisition and operating opportunities. Sinclair CEO Chris Ripley “Couldn’t Be Happier” About Expected FCC Repeal Of Federal Ownership Cap
• Positive Sentiment: Sinclair maintained its quarterly cash dividend. The company declared a $0.25-per-share dividend payable September 15 to shareholders of record August 31. The implied annual payout of $1.00 per share represents an approximately 7.2% yield, which may appeal to income-focused investors despite the company’s weak earnings. Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
• Neutral Sentiment: Revenue grew but only slightly exceeded expectations. Second-quarter revenue increased 7.1% year over year to $840 million, narrowly topping the $838.99 million consensus estimate. Management’s earnings-call discussion provides additional context on operating trends and the outlook. Sinclair Q2 2026 Earnings Call Transcript
• Negative Sentiment: Adjusted profitability was substantially worse than expected. Sinclair reported a second-quarter loss of $1.06 per share, compared with the consensus expectation of a $0.24 loss and a $0.91 loss in the prior-year quarter. The $0.82-per-share miss highlights pressure on profitability and is the primary negative catalyst for SBGI. Sinclair Reports Q2 Loss, Tops Revenue Estimates
• Negative Sentiment: Full-year revenue guidance was below consensus. Sinclair projected fiscal 2026 revenue of $3.4 billion to $3.5 billion, versus analyst expectations of approximately $3.5 billion, adding to concerns about limited growth and earnings visibility.

Insider Activity

In other news, Director Daniel C. Keith sold 17,000 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $15.02, for a total value of $255,340.00. Following the transaction, the director directly owned 25,122 shares of the company’s stock, valued at $377,332.44. The trade was a 40.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 42.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Sinclair

A number of institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. grew its stake in shares of Sinclair by 239.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 105,490 shares of the company’s stock valued at $1,593,000 after buying an additional 74,415 shares during the period. Vanguard Group Inc. increased its position in Sinclair by 5.9% in the 4th quarter. Vanguard Group Inc. now owns 3,934,311 shares of the company’s stock valued at $60,195,000 after buying an additional 220,623 shares in the last quarter. Madison Avenue Partners LP acquired a new position in Sinclair during the 4th quarter worth approximately $13,918,000. Converium Capital Inc. raised its stake in Sinclair by 15.8% during the 1st quarter. Converium Capital Inc. now owns 1,062,452 shares of the company’s stock worth $13,748,000 after buying an additional 144,674 shares during the period. Finally, UBS Group AG boosted its holdings in Sinclair by 46.7% in the fourth quarter. UBS Group AG now owns 180,880 shares of the company’s stock worth $2,767,000 after acquiring an additional 57,616 shares in the last quarter. 41.71% of the stock is currently owned by institutional investors.

Sinclair Stock Down 0.6%

Shares of SBGI opened at $13.91 on Thursday. The stock’s 50-day moving average price is $14.05 and its two-hundred day moving average price is $14.35. Sinclair has a 12 month low of $11.89 and a 12 month high of $17.88. The company has a market capitalization of $1.00 billion, a PE ratio of 15.46 and a beta of 1.06. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 11.10.

Sinclair (NASDAQ:SBGI) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($1.06) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.82). The company had revenue of $840.00 million during the quarter, compared to analyst estimates of $838.99 million. Sinclair had a net margin of 2.00% and a negative return on equity of 12.62%. The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.91) EPS. On average, analysts anticipate that Sinclair will post 1.68 EPS for the current year.

Sinclair Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.00 annualized dividend and a dividend yield of 7.2%. Sinclair’s dividend payout ratio (DPR) is 111.11%.

About Sinclair

Sinclair Broadcast Group, Inc (NASDAQ: SBGI) is a media and entertainment company headquartered in Hunt Valley, Maryland. Founded in 1971 as a single UHF television station operator, Sinclair has grown through strategic acquisitions and organic expansion to become one of the largest owners of local television stations in the United States. Over its history, the company has pursued a diversified portfolio that includes both traditional broadcast assets and newer digital platforms.

At its core, Sinclair operates over 190 television stations affiliated with the major national broadcast networks, including ABC, CBS, NBC, Fox, The CW and MyNetworkTV.