Economy

Sinclair Broadcast Group, Inc

(SBGI) opened the session with a $32.25 price tag, later ranging from $32.15 to $32.75, the range at which the stock has traded at throughout the day. Albemarle Corp now has $15.43B valuation. The overall volume in the last trading session was 1.31 million shares. About 48 shares traded. It is down 12.28% since October 7, 2016 and is uptrending. It has outperformed by 28.90% the S&P500.

Sinclair Broadcast Group, Inc. has an M-score Beneish of -2.565577.

The P/E ratio is now 11.31 and the market cap of the company is 3.31B. The Company focuses on providing content on its local television stations and digital platforms. Also, it has an estimated price-earnings (P/E) multiple of 10.2 and a trailing 12-month price-earnings (P/E) multiple of 11.12. Wells Fargo & Company MN increased its position in shares of Sinclair Broadcast Group by 3.4% during the 1st quarter. Short interest increased 1,082,104 over that timeframe.

In an overview of the current analyst recommendations, Buy count is 5 and Overweight is 1 while the number of analysts recommending Sell and Underweight are 0 and 0, respectively. Similarly, investors look up the share price over 12 month periods. 57 funds opened positions while 82 raised stakes. Guild Mngmt Incorporated has 29,240 shares. Citigroup reported 13,949 shares. Lsv Asset, Illinois-based fund reported 70,609 shares. Macquarie Group invested in 0.03% or 130,762 shares. The number of shares now owned by investors are 98.53 mln. Pioneer Inv Management stated it has 0.02% in Albemarle Corporation (NYSE:ALB). 1,306,904 shares of the company were exchanged. Swiss Comml Bank invested 0% of its portfolio in Chesapeake Utilities Corporation (NYSE:CPK). Friess Assocs Ltd Company accumulated 172,892 shares. The New York-based Atika Capital Management Llc has invested 0.75% in the stock. New Jersey Better Educational Savings Tru invested in 7,000 shares. That's a potential 54.26 gain from where (NASDAQ:SBGI) has been trading recently. $2.16 million worth of Albemarle Corporation (NYSE:ALB) was sold by NARWOLD KAREN G. If the ratio is greater than 1, then that means there has been an increase in price over the month.

Analysts await Sientra Inc (NASDAQ:SIEN) to report earnings on November, 14. They expect $-0.63 earnings per share, down 14.55% or $0.08 from last year's $-0.55 per share. The dividend payment was $0.180 per share for the quarter which comes to $0.72 on an annualized basis. Migdal Insurance & Financial Holdings Ltd. bought a new position in Sinclair Broadcast Group during the second quarter valued at $141,000. It also upped Aqua America Inc (NYSE:WTR) stake by 50,152 shares and now owns 172,332 shares. Occidental Pete Corp Del (NYSE:OXY) was raised too.

05/03/2015 - Sinclair Broadcast Group, Inc. had its "hold" rating reiterated by analysts at Zacks. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative. The firm has "Buy" rating by Benchmark given on Tuesday, August 1. UBS maintained Albemarle Corporation (NYSE:ALB) rating on Thursday, August 4.

The collective rating of 2.7 for Orbital ATK, Inc. The rating was maintained by RBC Capital Markets with "Buy" on Tuesday, September 26. The rating was maintained by RBC Capital Markets with "Hold" on Monday, August 7. Stephens initiated it with "Equal-Weight" rating and $37 target in Wednesday, November 18 report. The firm has "Buy" rating given on Wednesday, July 5 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with "Outperform" on Monday, May 8.

Dana Investment Advisors Inc. boosted its holdings in Sinclair Broadcast Group, Inc.

Among 4 analysts covering Sinclair Broadcast Group Inc (NASDAQ:SBGI), 4 have Buy rating, 0 Sell and 0 Hold.

Sell-side analyst recommendations point to a short term price target of $85.67 on the shares of Applied Optoelectronics, Inc. The stock was sold at an average price of $31.98, for a total value of $32,299.80. SBGI was included in 2 notes of analysts from September 27, 2016.

SBGI has been the topic of several other research reports. On Tuesday, November 10 the stock rating was maintained by RBC Capital Markets with "Outperform".

About 58,473 shares traded. It has underperformed by 4.42% the S&P500. Ellington Group Inc Lc owns 0.05% invested in Sinclair Broadcast Group Inc (NASDAQ:SBGI) for 10,200 shares. Gru One Trading Limited Partnership holds 0.02% or 46,720 shares in its portfolio. (OA) - averaging the work of different analysts - reveals a mean PT of $125.33/share.

Since May 5, 2017, it had 1 buying transaction, and 1 sale for $92,291 activity. In the latest earnings report the EPS was $2.85 and is expected to be $2.01 for the current year with 102,700,000 shares now outstanding. Next quarter's EPS is forecasted to be $0.64 and the next full year EPS is projected to be $3.16. SBGI's profit would be $40.66M giving it 19.68 P/E if the $0.40 EPS is correct.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th.

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