Sinclair, Inc. (NASDAQ:SBGI) Given Consensus Recommendation of “Hold” by Brokerages

Sinclair, Inc. (NASDAQ:SBGI) has received a consensus recommendation of “Hold” from the six analysts that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $19.00.

SBGI has been the subject of a number of research reports. Guggenheim lifted their price objective on shares of Sinclair from $19.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Weiss Ratings upgraded shares of Sinclair from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. Zacks Research upgraded Sinclair from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 13th. Wells Fargo & Company decreased their target price on Sinclair from $17.00 to $16.00 and set an “equal weight” rating for the company in a report on Thursday, August 7th. Finally, Benchmark lowered their target price on Sinclair from $29.00 to $27.00 and set a “buy” rating for the company in a research note on Thursday, August 7th.

Sinclair Price Performance

SBGI opened at $15.77 on Friday. The stock’s 50-day moving average price is $14.56 and its 200 day moving average price is $14.29. Sinclair has a 12-month low of $11.89 and a 12-month high of $18.45. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 13.93. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 19.00 and a beta of 1.30.

Sinclair (NASDAQ:SBGI) last released its earnings results on Wednesday, November 5th. The company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.65) by $0.63. The company had revenue of $773.00 million during the quarter, compared to the consensus estimate of $766.78 million. Sinclair had a return on equity of 12.51% and a net margin of 1.44%.Sinclair’s revenue was down 15.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.43 EPS. Sinclair has set its Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Sinclair will post 4.24 earnings per share for the current year.

Sinclair Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Monday, December 1st. Sinclair’s dividend payout ratio is presently -161.29%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Sinclair by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,082 shares of the company’s stock valued at $304,000 after purchasing an additional 780 shares during the last quarter. Ameritas Investment Partners Inc. grew its stake in shares of Sinclair by 26.2% during the second quarter. Ameritas Investment Partners Inc. now owns 3,945 shares of the company’s stock worth $55,000 after purchasing an additional 820 shares in the last quarter. Hsbc Holdings PLC increased its holdings in Sinclair by 8.4% in the first quarter. Hsbc Holdings PLC now owns 11,446 shares of the company’s stock valued at $182,000 after buying an additional 884 shares during the last quarter. Kendall Capital Management raised its stake in Sinclair by 3.8% in the third quarter. Kendall Capital Management now owns 26,495 shares of the company’s stock valued at $400,000 after buying an additional 965 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Sinclair by 7.8% in the first quarter. Cetera Investment Advisers now owns 14,525 shares of the company’s stock valued at $231,000 after buying an additional 1,050 shares in the last quarter. Institutional investors and hedge funds own 41.71% of the company’s stock.

Sinclair Company Profile

Sinclair, Inc, a media company, provides content on local television stations and digital platforms in the United States. It operates through two segments, Local Media and Tennis. The Local Media segment operates broadcast television stations, original networks, and content; provides free-over-the-air programming and live local sporting events on its stations; distributes its content to multi-channel video programming distributors in exchange for contractual fees; and produces local and original news programs.