EPS for Sinclair Broadcast Group, Inc. (SBGI) Expected At $0.74

April 17, 2018 - By Peter Erickson

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.
Pinnacle Associate owns 0.97% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 1.34M shares. Guggenheim Capital Limited Liability Company, Illinois-based fund reported 45,120 shares. Moreover, Neuberger Berman Grp Ltd Liability Com has 0% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 39,664 shares. Ubs Asset Mngmt Americas reported 42,644 shares stake. Us Bancshares De owns 34,980 shares. Schroder Inv Group stated it has 213,300 shares. Principal Fincl Gp holds 0.13% or 3.63 million shares. Adams Diversified Equity Fund holds 0.04% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 17,900 shares. Virtu Lc stated it has 0.01% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Cornerstone Incorporated, a Washington-based fund reported 275 shares. Rr L P invested 0.73% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). State Board Of Administration Of Florida Retirement System invested in 47,930 shares. Jpmorgan Chase & holds 0.01% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 656,098 shares. California Public Employees Retirement Systems holds 0.01% or 170,602 shares in its portfolio. State Common Retirement Fund holds 0.02% or 407,524 shares.

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 $75.62M giving it 9.92 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. The stock decreased 1.26% or $0.375 during the last trading session, reaching $29.375. About 610,854 shares traded. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has declined 20.99% since April 17, 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. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, November 1. The rating was maintained by FBR Capital with “Buy” on Wednesday, February 28. Deutsche Bank initiated Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) rating on Friday, October 20. Deutsche Bank has “Buy” rating and $46.0 target. As per Thursday, March 1, the company rating was maintained by B. Riley & Co. The firm has “Buy” rating given on Tuesday, January 16 by Stephens.

Sinclair Broadcast Group, Inc. operates as a television broadcasting firm in the United States. The company has market cap of $3.00 billion. It owns or provides various programming, operating, or sales services to television stations. It has a 5.14 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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