Sinclair Broadcast Group, Inc. (SBGI) Analysts See $0.62 EPS

February 11, 2018 – By Linda Rogers

Investors sentiment decreased to 1.23 in 2017 Q3. Its down 0.35, from 1.58 in 2017Q2. It dropped, as 39 investors sold Sinclair Broadcast Group, Inc. shares while 58 reduced holdings. 41 funds opened positions while 78 raised stakes. 83.23 million shares or 3.94% more from 80.08 million shares in 2017Q2 were reported.
Strs Ohio holds 0.05% or 375,800 shares in its portfolio. 1,196 are owned by Howe & Rusling. Lazard Asset Mngmt Ltd Company holds 0% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 753 shares. Aqr Capital Management Limited Liability stated it has 64,629 shares. Phocas Fin Corporation reported 388,955 shares stake. Moreover, Amalgamated Bancshares has 0.01% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Axa holds 262,060 shares. Susquehanna International Llp reported 0.01% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). New York-based Rr Partners Lp has invested 0.64% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). 16,962 were reported by Sta Wealth Mngmt Ltd Liability Corporation. Goldman Sachs Gp has 378,899 shares for 0% of their portfolio. Nordea Inv Management reported 0.08% stake. Cap Fund Mgmt Sa reported 198,510 shares. Pub Employees Retirement Association Of Colorado, a Colorado-based fund reported 14,867 shares. Lenox Wealth stated it has 0% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI).

Analysts expect Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) to report $0.62 EPS on February, 28.They anticipate $0.70 EPS change or 53.03 % from last quarter’s $1.32 EPS. SBGI’s profit would be $63.08M giving it 14.09 P/E if the $0.62 EPS is correct. After having $0.30 EPS previously, Sinclair Broadcast Group, Inc.’s analysts see 106.67 % EPS growth. The stock increased 0.87% or $0.3 during the last trading session, reaching $34.95. About 2.14 million shares traded or 51.00% up from the average. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has risen 12.28% since February 12, 2017 and is uptrending. It has underperformed by 4.42% the S&P500.

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Ratings Coverage

Among 7 analysts covering Sinclair Broadcast Group Inc (NASDAQ:SBGI), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sinclair Broadcast Group Inc had 22 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Friday, January 29 by Wedbush. The firm earned “Buy” rating on Friday, June 2 by Stephens. The rating was initiated by Stephens with “Equal-Weight” on Wednesday, November 18. RBC Capital Markets maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) rating on Tuesday, September 26. RBC Capital Markets has “Buy” rating and $43.0 target. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, July 5. Stephens maintained the stock with “Buy” rating in Tuesday, January 16 report. As per Wednesday, November 1, the company rating was maintained by RBC Capital Markets. On Thursday, November 3 the stock rating was upgraded by Stephens to “Overweight”. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, November 10 report. RBC Capital Markets maintained the shares of SBGI in report on Thursday, February 23 with “Outperform” rating.

Sinclair Broadcast Group, Inc. operates as a television broadcasting firm in the United States. The company has market cap of $3.56 billion. It owns or provides various programming, operating, or sales services to television stations. It has a 13.5 P/E ratio. The firm broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and internally originated programming to television viewing audiences in the communities through various local television stations.

More notable recent Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) news were published by: Baltimoresun.com which released: “FCC delays review of Sinclair Broadcast’s acquisition of Tribune Media” on January 12, 2018, also Seekingalpha.com with their article: “Report: DOJ nears OK of $3.9B Sinclair-Tribune deal” published on January 26, 2018, Prnewswire.com published: “Sinclair Broadcast, Nexstar, Univision and American Tower Partner on ATSC 3.0 …” on January 17, 2018. More interesting news about Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) were released by: Seekingalpha.com and their article: “Sinclair/Tribune deal ticks on with new deadline” published on February 08, 2018 as well as Prnewswire.com‘s news article titled: “Sinclair names William Ballard general manager in Myrtle Beach/Florence, SC” with publication date: January 30, 2018.