Sinclair (SBGI) Expected to Post Earnings on Wednesday

Sinclair (NASDAQ:SBGI) will likely be releasing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Sinclair to announce earnings of ($0.24) per share and revenue of $838.9920 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, August 5, 2026 at 4:30 PM ET.

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

Sinclair Price Performance

Sinclair stock opened at $13.74 on Monday. Sinclair has a fifty-two week low of $11.89 and a fifty-two week high of $17.88. The firm has a market capitalization of $991.62 million, a price-to-earnings ratio of 15.27 and a beta of 1.06. The stock’s fifty day moving average is $14.04 and its two-hundred day moving average is $14.38. The company has a debt-to-equity ratio of 11.10, a quick ratio of 2.42 and a current ratio of 2.42.

Insider Activity at Sinclair

In related news, Director Daniel C. Keith sold 17,000 shares of Sinclair stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $15.02, for a total transaction of $255,340.00. Following the completion of the sale, the director owned 25,122 shares in the company, valued at approximately $377,332.44. This trade represents a 40.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 42.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sinclair

A number of hedge funds and other institutional investors have recently modified their holdings of SBGI. Mackenzie Financial Corp purchased a new position in shares of Sinclair during the fourth quarter valued at approximately $174,000. Aristeia Capital L.L.C. grew its stake in Sinclair by 22.3% in the 4th quarter. Aristeia Capital L.L.C. now owns 32,864 shares of the company’s stock worth $503,000 after acquiring an additional 5,988 shares during the period. AQR Capital Management LLC grew its stake in Sinclair by 205.4% in the 4th quarter. AQR Capital Management LLC now owns 130,835 shares of the company’s stock worth $2,002,000 after acquiring an additional 87,988 shares during the period. Trexquant Investment LP purchased a new stake in Sinclair in the 4th quarter worth approximately $170,000. Finally, Price T Rowe Associates Inc. MD raised its holdings in Sinclair by 19.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 52,370 shares of the company’s stock valued at $802,000 after acquiring an additional 8,449 shares during the last quarter. 41.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Wells Fargo & Company decreased their price objective on shares of Sinclair from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research report on Friday, May 1st. Wall Street Zen upgraded shares of Sinclair from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Deutsche Bank Aktiengesellschaft set a $17.00 target price on shares of Sinclair in a research report on Wednesday, April 15th. Guggenheim reduced their price target on shares of Sinclair from $20.00 to $19.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Finally, Weiss Ratings upgraded shares of Sinclair from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, June 30th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $19.20.

About Sinclair

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.