Analysts See $0.74 EPS for Sinclair Broadcast Group, Inc. (SBGI)

April 1, 2018 - By Hazel Jackson

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) LogoInvestors sentiment decreased to 0.97 in Q4 2017. Its down 0.26, from 1.23 in 2017Q3. It fall, as 31 investors sold Sinclair Broadcast Group, Inc. shares while 73 reduced holdings. 41 funds opened positions while 60 raised stakes. 84.77 million shares or 1.85% more from 83.23 million shares in 2017Q3 were reported.
Nomura Incorporated holds 0.01% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 111,272 shares. American Interest Grp Inc has invested 0.01% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Bb&T Corp owns 19,774 shares. Lpl Lc owns 77,938 shares or 0.01% of their US portfolio. Convergence Investment Partners Ltd Liability accumulated 108,292 shares or 0.55% of the stock. Goodnow Ltd Company has 8.24% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 1.19 million shares. Advisory Networks Lc holds 937 shares. Parametric Port Assoc Limited Liability stated it has 87,637 shares. Deutsche Savings Bank Ag invested 0.01% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Orrstown Serv Inc reported 0.02% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Moreover, Selz Limited Liability Corp has 0.78% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Northwestern Mutual Wealth reported 0% stake. Brinker Capital has 0.03% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Mufg Americas Corp holds 373 shares or 0% of its portfolio. State Board Of Administration Of Florida Retirement accumulated 47,930 shares or 0% of the stock.

Analysts expect Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) to report $0.74 EPS on May, 2.They anticipate $0.42 EPS change or 131.25 % from last quarter’s $0.32 EPS. SBGI’s profit would be $75.30M giving it 10.57 P/E if the $0.74 EPS is correct. After having $1.67 EPS previously, Sinclair Broadcast Group, Inc.’s analysts see -55.69 % EPS growth. It closed at $31.3 lastly. It is down 20.99% since April 1, 2017 and is downtrending. It has underperformed by 32.54% the S&P500.

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

Among 6 analysts covering Sinclair Broadcast (NASDAQ:SBGI), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sinclair Broadcast had 8 analyst reports since October 20, 2017 according to SRatingsIntel. On Wednesday, February 28 the stock rating was maintained by FBR Capital with “Buy”. Stephens maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) on Tuesday, January 16 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, November 1. Deutsche Bank initiated it with “Buy” rating and $46.0 target in Friday, October 20 report. The firm has “Buy” rating by B. Riley & Co given on Thursday, March 1.

Sinclair Broadcast Group, Inc. operates as a television broadcasting firm in the United States. The company has market cap of $3.19 billion. It owns or provides various programming, operating, or sales services to television stations. It has a 5.47 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.

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Institutional Positions Chart

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