Sinclair (SBGI) Projected to Release Quarterly Earnings on Wednesday

Sinclair (NASDAQ:SBGI) is anticipated to release its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of ($0.2640) per share and revenue of $836.9920 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 4:30 PM ET.

Sinclair (NASDAQ:SBGI) last issued its earnings results on Thursday, April 30th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.96. The business had revenue of $807.00 million for the quarter, compared to analysts’ expectations of $792.63 million. Sinclair had a negative return on equity of 12.62% and a net margin of 2.00%.The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm posted ($2.30) EPS. On average, analysts expect Sinclair to post $2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Sinclair Stock Up 4.7%

Shares of Sinclair stock opened at $14.12 on Wednesday. The stock’s fifty day moving average is $14.03 and its 200-day moving average is $14.40. The firm has a market capitalization of $1.02 billion, a PE ratio of 15.69 and a beta of 1.04. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 11.10. Sinclair has a 12-month low of $11.89 and a 12-month high of $17.88.

Sinclair Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th were given a $0.25 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 7.1%. Sinclair’s dividend payout ratio (DPR) is 111.11%.

Analyst Ratings Changes

A number of brokerages recently weighed in on SBGI. JPMorgan Chase & Co. dropped their price target on Sinclair from $15.00 to $14.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 1st. Wells Fargo & Company reduced their price objective on shares of Sinclair from $17.00 to $16.00 and set an “equal weight” rating for the company in a research note on Friday, May 1st. Weiss Ratings upgraded shares of Sinclair from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, June 30th. Wall Street Zen raised shares of Sinclair from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Deutsche Bank Aktiengesellschaft set a $17.00 target price on shares of Sinclair in a research report on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Sinclair currently has a consensus rating of “Hold” and a consensus price target of $19.20.

Insiders Place Their Bets

In related news, Director Daniel C. Keith sold 17,000 shares of the company’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $15.02, for a total transaction of $255,340.00. Following the transaction, the director directly owned 25,122 shares of the company’s stock, valued at approximately $377,332.44. The trade was a 40.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 42.10% of the company’s stock.

Hedge Funds Weigh In On Sinclair

Several institutional investors and hedge funds have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its holdings in shares of Sinclair by 23.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,946,274 shares of the company’s stock valued at $29,778,000 after purchasing an additional 373,566 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Sinclair by 5.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,509,006 shares of the company’s stock worth $23,089,000 after purchasing an additional 73,241 shares in the last quarter. State Street Corp boosted its holdings in shares of Sinclair by 1.3% during the fourth quarter. State Street Corp now owns 916,712 shares of the company’s stock worth $14,026,000 after purchasing an additional 12,111 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of Sinclair by 143.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 906,872 shares of the company’s stock worth $13,875,000 after purchasing an additional 534,573 shares during the period. Finally, Verition Fund Management LLC grew its position in Sinclair by 890.3% during the third quarter. Verition Fund Management LLC now owns 306,637 shares of the company’s stock valued at $4,630,000 after purchasing an additional 275,674 shares in the last quarter. Hedge funds and other institutional investors own 41.71% of the company’s stock.

Sinclair Company Profile

Sinclair Broadcast Group, Inc (NASDAQ: SBGI) is a media and entertainment company headquartered in Hunt Valley, Maryland. Founded in 1971 as a single UHF television station operator, Sinclair has grown through strategic acquisitions and organic expansion to become one of the largest owners of local television stations in the United States. Over its history, the company has pursued a diversified portfolio that includes both traditional broadcast assets and newer digital platforms.

At its core, Sinclair operates over 190 television stations affiliated with the major national broadcast networks, including ABC, CBS, NBC, Fox, The CW and MyNetworkTV.