Sunday, 21 January, 2018

Murdoch's Fox looking to buy 10 Sinclair TV stations, report says

REUTERS Open this
Nellie Chapman | 13 January, 2018, 08:55

"This agreement provides both Sinclair and Imagine with a unique opportunity to bring the capabilities of our ad management solutions, including zone-based targeting and dynamic ad insertion, that have gained market leadership among MVPDs to the broadcast realm". The company's quarterly revenue was down 3.3% compared to the same quarter last year. equities research analysts predict that Sinclair Broadcast Group will post 1.98 earnings per share for the current fiscal year. The firm is expected to report its next earnings results on Wednesday, February 28th.

Analysts at Jefferies Group began coverage on shares of Sinclair Broadcast Group (NASDAQ:SBGI) in a research note issued to investors on Thursday, December 14th, Marketbeat reports.

ILLEGAL ACTIVITY WARNING: "Sinclair Broadcast Group, Inc". The company's quarterly revenue was down 3.3% compared to the same quarter previous year. The company had revenue of $670.90 million for the quarter, compared to the consensus estimate of $671.42 million. During the same period in the prior year, the firm earned $0.54 earnings per share. (NASDAQ:SBGI). Prelude Capital Mngmt Ltd Limited Liability Company has invested 0.44% in Sinclair Broadcast Group, Inc.

Building on the continued progress of the new TV technology standard - ATSC 3.0 - Sinclair Broadcast Group has made a deal with ad-tech company Imagine Communications to create a next-generation local TV advertising management platform. The stock has a consensus rating of Buy and an average target price of $45.42. Brean Capital upgraded the shares of ZUMZ in report on Thursday, February 4 to "Buy" rating. The legal version of this report can be viewed at https://www.thelincolnianonline.com/2018/01/10/sinclair-broadcast-group-sbgi-research-coverage-started-at-jefferies-group-updated-updated-updated-updated-updated.html. The company now has an average rating of "Buy" and a consensus price target of $45.42. They issued a "buy" rating and a $43.00 price target for the company. The stock decreased 0.71% or $0.25 during the last trading session, reaching $35.1. The stock now has an average rating of "Buy" and a consensus price target of $45.42. (SBGI) knifed -1.14 percent lower and now trades for $34.7. SBGI's financial leverage ratio is 5, which indicates that the company's asset base is primarily funded by debt. The company has a market cap of $3,620.00, a price-to-earnings ratio of 13.38, a price-to-earnings-growth ratio of 1.96 and a beta of 1.93.

Parag Vora increased its stake in Sinclair Broadcast Group Inc (SBGI) by 47.37% based on its latest 2017Q3 regulatory filing with the SEC. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Stockholders of record on Friday, December 1st were issued a $0.18 dividend. The stock has "Buy" rating by Benchmark on Thursday, November 5. Sinclair Broadcast Group's dividend payout ratio is presently 27.07%.

Large investors have recently modified their holdings of the company. Amalgamated Bank grew its stake in shares of Sinclair Broadcast Group by 3.1% in the second quarter. Taconic Capital Advisors Lp bought 28,750 shares as the company's stock declined 9.32% while stock markets rallied. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Sinclair Broadcast Group during the second quarter valued at about $141,000. (NASDAQ:SBGI). Ngam Advsrs Ltd Partnership has invested 0.01% in Sinclair Broadcast Group, Inc. Teacher Retirement System of Texas now owns 6,141 shares of the company's stock worth $202,000 after buying an additional 164 shares during the period. Finally, ValuEngine raised shares of Sinclair Broadcast Group from a hold rating to a buy rating in a report on Monday, October 2nd. If you are viewing this piece on another publication, it was illegally copied and republished in violation of worldwide copyright law. Company's return on equity, which is really just the product of the company's profit margin, asset turnover, and financial leverage ratios, is 25.20%, which is better than the Broadcasting - TV industry average ROE. The Company focuses on providing content on its local television stations and digital platforms. Stoneridge Investment Prns Ltd Limited Liability Company stated it has 0.05% in Sinclair Broadcast Group, Inc.