Sinclair (NASDAQ: SBGI) recently received a number of ratings updates from brokerages and research firms:
- 8/25/2026 – Sinclair was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
- 8/21/2026 – Sinclair had its price target raised by JPMorgan Chase & Co. from $14.00 to $15.00. They now have an “underweight” rating on the stock.
- 8/11/2026 – Sinclair was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
- 8/10/2026 – Sinclair was downgraded by Zacks Research from “hold” to “strong sell”.
- 8/8/2026 – Sinclair was downgraded by Wall Street Zen from “buy” to “hold”.
- 6/30/2026 – Sinclair was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
Sinclair Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.25 dividend. The ex-dividend date is Monday, August 31st. This represents a $1.00 annualized dividend and a yield of 7.0%. Sinclair’s dividend payout ratio is presently 133.33%.
Insider Buying and Selling
In other Sinclair news, Director Daniel C. Keith sold 17,000 shares of Sinclair stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $15.02, for a total value of $255,340.00. Following the completion of the sale, the director directly owned 25,122 shares in the company, valued at approximately $377,332.44. The trade was a 40.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP David B. Gibber sold 29,246 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $13.74, for a total value of $401,840.04. Following the completion of the transaction, the executive vice president directly owned 184,244 shares in the company, valued at approximately $2,531,512.56. This trade represents a 13.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 42.10% of the company’s stock.
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.
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