Sinclair Broadcast Group, Inc. (SBGI)
NASDAQ: SBGI · IEX Real-Time Price · USD
13.90
-0.69 (-4.73%)
At close: Jul 19, 2024, 4:00 PM
13.92
+0.02 (0.14%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Sinclair Broadcast Group Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for SBGI stock have an average target of 18.14, with a low estimate of 13 and a high estimate of 25. The average target predicts an increase of 30.50% from the current stock price of 13.90.
Analyst Consensus: Buy
* Price targets were last updated on Mar 1, 2024.
Analyst Ratings
The average analyst rating for SBGI stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 3 | 3 | 3 | 2 |
Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 7 | 7 | 7 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wells Fargo | Wells Fargo | Sell Maintains $12 → $13 | Sell | Maintains | $12 → $13 | -6.47% | Mar 1, 2024 |
Rosenblatt | Rosenblatt | Hold Maintains $10 → $16 | Hold | Maintains | $10 → $16 | +12.95% | Jan 18, 2024 |
Guggenheim | Guggenheim | Strong Buy Maintains $30 → $20 | Strong Buy | Maintains | $30 → $20 | +43.88% | Nov 3, 2023 |
Rosenblatt | Rosenblatt | Hold Maintains $19 → $14 | Hold | Maintains | $19 → $14 | -2.88% | Sep 5, 2023 |
Benchmark | Benchmark | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +79.86% | Aug 23, 2023 |
Financial Forecast
Revenue This Year
3.72B
from 3.13B
Increased by 18.76%
Revenue Next Year
3.59B
from 3.72B
Decreased by -3.65%
EPS This Year
3.91
from -4.46
EPS Next Year
3.37
from 3.91
Decreased by -13.71%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 3.8B | 3.5B | 4.1B | 3.7B | 3.2B |
Avg | 3.6B | 3.3B | 3.6B | 3.2B | 3.1B |
Low | 3.3B | 2.9B | 3.1B | 2.8B | 3.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 20.1% | -1.5% | 24.5% | 1.9% | -1.8% |
Avg | 14.4% | -7.3% | 9.6% | -11.0% | -4.6% |
Low | 4.1% | -19.3% | -6.4% | -24.1% | -8.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 4.16 | 2.17 | 3.50 | -1.46 | 1.19 |
Avg | 3.37 | 1.56 | 1.64 | -1.42 | 1.15 |
Low | 2.71 | 1.23 | -1.51 | -1.36 | 1.11 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | -35.5% | 123.6% | - | - |
Avg | - | -53.6% | 5.0% | - | - |
Low | - | -63.4% | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.