Sinclair Broadcast Group (SBGI) Misses Q4 EPS by 5c

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Sinclair Broadcast Group (SBGI) Should Recover After Low Guide - Wedbush

February 25, 2016 9:27 AM EST

Wedbush analyst, James Dix, believes shares of Sinclair Broadcasting (NASDAQ: SBGI) should continue to recover after a low 1Q guide. The key driver is likely a rise in 2016/17 FCF/share estimates from acquisitions and taxes. PT drops to $37 from $39 on a lower multiple.

SBGI expects net retransmission revenue to grow high teens in 2016, low teens in 2017 and single digits in 2018, with Comcast... More

Sinclair Broadcast Group (SBGI) Declares $0.165 Quarterly Dividend; 2.2% Yield

February 24, 2016 7:32 AM EST

Sinclair Broadcast Group (NASDAQ: SBGI) declared a quarterly dividend of $0.165 per share, or $0.66 annualized.

The dividend will be payable on March 18, 2016, to stockholders of record on March 7, 2016, with an ex-dividend date of March 3, 2016.

The annual yield on the dividend is 2.2... More