Sinclair (NASDAQ:SBGI) Stock

SINCLAIR INC

Sinclair

Sinclair Broadcast Group

Sinclair Inc. is the owner-operator of the second largest portfolio of television stations in the United States, with 185 full power stations in 86 markets, covering 40% of US households. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels aligned with The CW (Nexstar) and MyNetworkTV (Fox). Sinclair owns the Tennis Channel and stakes in Marquee Sports Network and YES Network, providing their premium sports content to pay-TV distributors.

Sinclair Inc

JP Morgan analyst David Karnovsky maintains Sinclair (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) with a Underweight and lowers the price target from $14 to $13.

News

Price Target

Analyst Ratings

SBGI

JP Morgan Maintains Underweight on Sinclair, Lowers Price Target to $13

WIIM

Sinclair shares are trading lower after the company reported worse-than-expected Q1 financial results.

The Company currently expects to achieve the following results for the three months ending June 30, 2025 and the twelve months ending December 31, 2025. The outlook includes Compulse's acquisition of a digital marketing services company.
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">For the three months ending June 30, 2025 ($ in millions)</td>
<td colspan="1" rowspan="1">Local Media</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Tennis</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Other</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Corporate and Eliminations</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Consolidated</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Core advertising revenue</td>
<td colspan="1" rowspan="1">$270 to 286</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$14 to 15</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$35 to 36</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$(7)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$313 to 330</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Political advertising revenue</td>
<td colspan="1" rowspan="1">5 to 7</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">—</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">—</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">—</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">5 to 7</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Advertising revenue</td>
<td colspan="1" rowspan="1">$276 to 293</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$14 to 15</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$35 to 36</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$(7)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$318 to 336</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Distribution revenue</td>
<td colspan="1" rowspan="1">385 to 387</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">55</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">—</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">—</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">439 to 441</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Other media revenue</td>
<td colspan="1" rowspan="1">20</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">2</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">—</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">(1)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">21</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Media revenues</td>
<td colspan="1" rowspan="1">$680 to 699</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$71</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$35 to 36</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$(9)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$778 to 798</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Non-media revenue</td>
<td colspan="1" rowspan="1">—</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">—</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">9</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">(1)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">8</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Total revenues</td>
<td colspan="1" rowspan="1">$680 to 699</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$71</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$45 to 46</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$(9)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$787 to 807</td>
</tr>
</tbody>
</table>
</figure>

Guidance

Sinclair Sees Q2 Sales $787.000M-$807.000M vs $789.27M Est

Sinclair Broadcast Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) reported quarterly losses of $(2.30) per share which missed the analyst consensus estimate of $(0.32) by 618.75 percent. This is a 757.14 percent decrease over earnings of $0.35 per share from the same period last year. The company reported quarterly sales of $776.00 million which missed the analyst consensus estimate of $793.62 million by 2.22 percent. This is a 2.76 percent decrease over sales of $798.00 million the same period last year.

Earnings

Earnings Misses

Sinclair Broadcast Group Q1 EPS $(2.30) Misses $(0.32) Estimate, Sales $776.00M Miss $793.62M Estimate

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Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

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Brighthouse Financial, Inc. - Common Stock

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Core Scientific, Inc. - Class A Common Stock

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Earnings Scheduled For May 7, 2025

Benchmark analyst Daniel Kurnos maintains Sinclair (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) with a Buy and lowers the price target from $30 to $29.

Benchmark Maintains Buy on Sinclair, Lowers Price Target to $29

Management

Sinclair Announces That Executive Vice President And Chief Financial Officer, Lucy Rutishauser, Will Retire After Her Successor Is Appointed And Transitions Into The Role. The Search For Her Replacement Is Expected To Commence Shortly

Guggenheim analyst Curry Baker maintains Sinclair (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) with a Buy and lowers the price target from $19 to $17.

Guggenheim Maintains Buy on Sinclair, Lowers Price Target to $17

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Communication Services sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>META</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/07/25</td>
<td>$660.00</td>
<td>$29.0K</td>
<td>4.5K</td>
<td>7.3K</td>
</tr>
<tr>
<td>GOOG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/07/25</td>
<td>$175.00</td>
<td>$33.7K</td>
<td>11.1K</td>
<td>4.5K</td>
</tr>
<tr>
<td>ASTS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/14/25</td>
<td>$32.00</td>
<td>$80.0K</td>
<td>142</td>
<td>505</td>
</tr>
<tr>
<td>SBGI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/19/25</td>
<td>$12.50</td>
<td>$35.8K</td>
<td>505</td>
<td>175</td>
</tr>
<tr>
<td>GOOGL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$190.00</td>
<td>$52.8K</td>
<td>2.6K</td>
<td>98</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we observe a call option trade with bullish sentiment. It expires in 2 day(s) on March 7, 2025. Parties traded 70 contract(s) at a $660.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $415.0 per contract. There were 4575 open contracts at this strike prior to today, and today 7344 contract(s) were bought and sold. 
• For GOOG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on March 7, 2025. This event was a transfer of 250 contract(s) at a $175.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $33.7K, with a price of $135.0 per contract. There were 11114 open contracts at this strike prior to today, and today 4553 contract(s) were bought and sold. 
• Regarding ASTS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>), we observe a put option trade with bearish sentiment. It expires in 9 day(s) on March 14, 2025. Parties traded 400 contract(s) at a $32.00 strike. The total cost received by the writing party (or parties) was $80.0K, with a price of $200.0 per contract. There were 142 open contracts at this strike prior to today, and today 505 contract(s) were bought and sold. 
• Regarding SBGI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>), we observe a put option sweep with neutral sentiment. It expires in 289 day(s) on December 19, 2025. Parties traded 175 contract(s) at a $12.50 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $35.8K, with a price of $205.0 per contract. There were 505 open contracts at this strike prior to today, and today 175 contract(s) were bought and sold. 
• Regarding GOOGL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), we observe a call option sweep with bullish sentiment. It expires in 135 day(s) on July 18, 2025. Parties traded 82 contract(s) at a $190.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $52.8K, with a price of $645.0 per contract. There were 2699 open contracts at this strike prior to today, and today 98 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ASTS

GOOG

GOOGL

5 Communication Services Stocks Whale Activity In Today's Session

Wells Fargo analyst Steven Cahall maintains Sinclair (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) with a Equal-Weight and lowers the price target from $19 to $17.

Wells Fargo Maintains Equal-Weight on Sinclair, Lowers Price Target to $17

Sinclair Broadcast Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) reported quarterly earnings of $2.61 per share which beat the analyst consensus estimate of $1.90 by 37.37 percent. This is a 222.22 percent increase over earnings of $0.81 per share from the same period last year. The company reported quarterly sales of $1.00 billion which missed the analyst consensus estimate of $1.01 billion by 0.17 percent. This is a 21.55 percent increase over sales of $826.00 million the same period last year.

Earnings Beats

Sinclair Broadcast Group Q4 EPS $2.61 Beats $1.90 Estimate, Sales $1.00B Miss $1.01B Estimate

Sinclair (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) sees Q1 sales of $691.000 million-$703.000 million vs $791.34 million analyst estimate.

Sinclair Sees Q1 Sales $691.000M-$703.000M vs $791.34M Est

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GSX Techedu Inc. American Depositary Shares

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Earnings Scheduled For February 26, 2025

Benchmark analyst Daniel Kurnos reiterates Sinclair (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) with a Buy and maintains $30 price target.

Reiteration

Benchmark Reiterates Buy on Sinclair, Maintains $30 Price Target

Sinclair, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>), the "Company," today released preliminary unaudited Local Media segment fourth quarter 2024 media revenues and certain media operating expenses.
The Company expects Local Media segment media revenues to be $931 million to $933 million for the three months ended December 31, 2024, down modestly from the Company's previously disclosed guidance of $936 million to $945 million. This includes political advertising revenue of approximately $203 million (versus previously disclosed guidance of $204 million), core (non-political) advertising revenue of $300 million to $301 million (versus previously disclosed guidance of $307 million to $315 million) and distribution revenue of $392 million to $393 million (versus guidance of $386 million to $388 million), as well as other media revenue of approximately $37 million (versus previously disclosed guidance of $38 million).
In addition, the Company expects fourth quarter 2024 Local Media segment combined preliminary media programming and production expenses and media selling, general and administrative expenses of $580 million to $582 million, which compares favorably to the Company's previously disclosed guidance of a total of $589 million to $590 million for the total of these two expense line items.

Sinclair Expects Q4 Local Media Revenues Of $931M-$933M (Prior $936M-$945M)

Sinclair, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>), the "Company" or "Sinclair," today announced that Sinclair Television Group, Inc. ("STG") and certain affiliated entities have entered into a Transaction Support Agreement (including the attached term sheet and other attachments thereto, the "TSA") with certain of STG's secured creditors (the "Consenting Creditors"), including lenders holding term loans (the "Existing Term Loan Facility") under STG's existing credit facilities (the "Existing Credit Facilities") governed by STG's existing bank credit agreement (the "Existing Credit Agreement") and various holders of STG's outstanding 4.125% Senior Secured Notes due 2030 (the "Existing Secured Notes"), on the principal terms of new money financings and a debt recapitalization (the "Transactions") to strengthen the Company's balance sheet and better position it for long-term growth.

Sinclair Announces Debt Recapitalization Agreement with Creditors to Strengthen Financial Position

<h1 class="wp-block-heading">New On The Block</h1>
Vera Bradley Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRA#NASDAQ">VRA</a>) <a href="https://www.benzinga.com/24/12/42439021/vera-bradley-reports-30-sales-drop-in-q3-amid-business-model-transition-stock-slips">sales are down</a>. 
The handbag brand&#8217;s largest shareholder, Fund 1 Investments LLC, isn&#8217;t happy about it. A Dec. 30 <a href="https://www.businesswire.com/news/home/20241230656224/en/Fund-1-Sends-Letter-to-Vera-Bradley%E2%80%99s-Board-of-Directors-Highlighting-the-Opportunity-for-Value-Enhancing-Strategic-Alternatives">letter</a> to the board referred to co-founder Barbara Bradley Baekgaard&#8216;s designs as &#8220;iconic&#8221; and &#8220;synonymous with innovation and disruption for decades." 
But after the compliments came the critique: Fund 1 takes issue with Vera Bradley&#8217;s questionable capital allocation, poor operational performance and a failed brand turnaround, all compounded by tough macroeconomic conditions for fashion brands. What's the solution, according to Fund 1? A "strategic alternatives process" to explore selling the company to a larger organization or taking it private.
Also for sale, as of this week:
<ul>
<li>Imagination Technologies Group Limited, a British semiconductor and software design company owned by private equity firm Canyon Bridge Capital Partners, is up for sale. Lazard is shopping it around, according to <a href="https://www.bloomberg.com/news/articles/2025-01-03/chipmaker-imagination-s-owners-tap-lazard-to-search-for-buyer?srnd=phx-deals">Bloomberg</a>. </li>
<li>Skin care startup Minimalist is considering a $350 million deal, TechCrunch <a href="https://techcrunch.com/2025/01/03/hindustan-unilever-minimalist-acquisition/?guccounter=1">reported</a>. On the buy side is Hindustan Unilever Ltd., which recently purchased Oziva and Wellbeing Nutrition. Hindustan Unilever's skincare offerings include Dove and Pond's. Jaipur-based Minimalist reported an 89% revenue growth to $40.8 million in fiscal year 2024.</li>
</ul>
<h1 class="wp-block-heading">Off The Block</h1>
SouthState Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSB#NYSE">SSB</a>) has finalized its $2 billion stock acquisition of Texas-based Independent Bank Group, potentially signaling a wave of regional bank mergers. Key drivers include regional bank stock price growth, lower interest rates improving deposit profitability, and anticipated deregulation under Trump&#8217;s administration.
Hookipa Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOK#NASDAQ">HOOK</a>) is acquiring Poolbeg Pharma in an all-stock deal. Hookipa shareholders retain rights to milestone payments from Gilead&#8217;s hepatitis B partnership and proceeds from the HB-200 program. 
See Also: <a href="https://www.benzinga.com/24/12/42726550/stanley-druckenmiller-loaded-up-on-regional-banks-ahead-of-trumps-election-win">Stanley Druckenmiller Loaded Up On Regional Banks Ahead Of Trump&#8217;s Win</a>
<h1 class="wp-block-heading">Bankruptcy Block</h1>
Mitch Modell, the ex-CEO of the Modell's sporting goods chain, wants to revive bankrupt retailers Party City and Big Lots. He plans to raise $1 billion and keep 33,000 jobs afloat. He also wishes to name his 20-something sons, Matthew and Maxwell, as co-presidents, according to the <a href="https://nypost.com/2024/12/30/business/former-modells-owner-wants-to-save-bankrupt-retailers-party-city-big-lots-our-goal-is-to-save-33k-jobs/">New York Post</a>.
Modell, known for the catchy "Gotta go to Mo's" jingle, had his eureka moment at none other than Mar-a-Lago, where he decided the struggling chains needed a sporting goods flair. His vision includes ditching Big Lots' bulky furniture and sprucing up Party City with sportswear and footwear — because nothing says "Happy Birthday" like a new pair of sneakers.
To keep prices low, Modell plans to tap factories in China, Mexico and India, courtesy of Source One Global. He's also enlisted other former CEOs, such as Larry Meyer (Forever 21) and Demos Parneros (Barnes &amp; Noble) to help evaluate the deal.
<h1 class="wp-block-heading">Notes From The Block</h1>
In 2025, the incoming Trump administration is expected to be friendlier to media conglomerates looking to conduct mergers, compared to the Biden administration. "The overwhelming mood is positive from an M&amp;A perspective," Christopher Vollmer, managing director at MediaLink, told <a href="https://variety.com/2025/biz/news/media-mergers-acquisitions-2025-deals-1236263982/">Variety</a>. "People are looking to kick off M&amp;A activity in the first quarter of 2025."
But people forget that Trump wasn&#8217;t exactly cordial to dealmakers the last time he was in office. The previous&nbsp;Trump&nbsp;administration, from 2016 to 2020, blocked and sued or threatened to block a lot of big deals. 
If you recall:
<ul>
<li>AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) and Time Warner <a href="https://www.benzinga.com/news/17/11/10748659/at-t-resists-doj-order-to-divest-time-warners-cnn-for-merger-approval">failed to ink a deal</a>. Regulators argued that it could increase prices for consumers and disadvantage rival distributors.</li>
<li>Sinclair Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) and Tribune Media faced resistance due to concerns about consolidation in the broadcast industry. Sinclair <a href="https://www.benzinga.com/m-a/24/11/41805370/jim-cramer-hopes-m-a-to-come-back-bigly-under-trump-administration">paid a hefty fee</a> for whiffing.</li>
<li>Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), had they merged, could have affected U.S. national security, a federal <a href="https://www.investors.com/news/technology/broadcom-buyout-of-qualcomm-looking-doubtful-after-federal-probe/">probe</a> showed.</li>
<li>DraftKings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) and FanDuel: A merger of the two largest daily fantasy sports platforms was blocked to preserve competition in the industry.</li>
</ul>
The Department of Justice also mandated divestitures in major transactions. For example:
<ul>
<li>Bristol-Myers Squibb Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) had to divest Celgene&#8217;s Otezla treatment to resolve concerns about reduced competition in the market for psoriasis drugs.</li>
<li>Harris Corp. was required to sell parts of its military communications business to proceed with its merger with L3 Technologies, creating the company L3Harris Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>)</li>
</ul>
These interventions reflected the DOJ's focus on preventing market dominance. Should M&amp;A volume under Trump be comparable to the last four years, deal pros can&#8217;t blame anyone but themselves. 
Now Read:
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/12/42746253/bring-it-on-angry-birds-producer-namit-malhotra-ready-for-cinema-ai-era">&#8216;Bring It On&#8217;: Angry Birds Producer Namit Malhotra Is Ready For The AI Era Of Cinema</a></li>
</ul>

Government

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Retail Sales

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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.
<h3 class="wp-block-heading">Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>)</h3>
<ul>
<li>Dividend Yield: 6.81%</li>
<li>UBS analyst John Hodulik maintained a Neutral rating and raised the price target from $44 to $45 on Dec. 20. This analyst has an accuracy rate of 76%.</li>
<li>Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and cut the price target from $47.25 to $47 on Oct. 23. This analyst has an accuracy rate of 62%.</li>
<li>Recent News: On Dec. 23, Vertical Bridge completed $3.3 billion tower transaction with Verizon.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1">latest VZ news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="911" height="848" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092320/image-207.png" alt="" class="wp-image-707724" style="width:631px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092320/image-207.png 911w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092320/image-207-300x279.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092320/image-207-768x715.png 768w" sizes="(max-width: 911px) 100vw, 911px" /></a></figure>
<h3 class="wp-block-heading">Sinclair, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>)</h3>
<ul>
<li>Dividend Yield: 6.29%</li>
<li>Guggenheim analyst Curry Baker maintained a Buy rating and raised the price target from $18 to $19 on Oct. 19. This analyst has an accuracy rate of 60%.</li>
<li>JP Morgan analyst David Karnovsky maintained an Underweight rating and raised the price target from $14 to $16 on Nov. 12. This analyst has an accuracy rate of 69%.</li>
<li>Recent News: On Dec. 17, Sinclair expanded Broadcast Network Footprint of TBD TV through partnership with FOX in top 10 DMAs.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1">latest SBGI news</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="906" height="836" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092359/image-208.png" alt="" class="wp-image-707726" style="width:597px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092359/image-208.png 906w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092359/image-208-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092359/image-208-768x709.png 768w" sizes="(max-width: 906px) 100vw, 906px" /></a></figure>
<h3 class="wp-block-heading">Playtika Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTK#NASDAQ">PLTK</a>)</h3>
<ul>
<li>Dividend Yield: 5.88%</li>
<li>Roth MKM analyst Eric Handler maintained a Neutral rating and raised the price target from $8 to $9 on Nov. 8. This analyst has an accuracy rate of 72%.</li>
<li>Wedbush analyst Michael Pachter reiterated an Outperform rating and a price target of $11.5 on Sept. 19. This analyst has an accuracy rate of 64%.</li>
<li>Recent News: On Dec. 20, Playtika announced a partnership with IGT, a global gaming leader.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1">trend in PLTK stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="903" height="841" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092457/image-209.png" alt="" class="wp-image-707729" style="width:600px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092457/image-209.png 903w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092457/image-209-300x279.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/26092457/image-209-768x715.png 768w" sizes="(max-width: 903px) 100vw, 903px" /></a></figure>
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<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Read More: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42669200/wall-streets-most-accurate-analysts-give-their-take-on-3-utilities-stocks-with-over-4-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Utilities Stocks With Over 4% Dividend Yields</a></li>
</ul>

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PLTK

Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 5% Dividend Yields

Sinclair Expands TBD TV's Reach To 22M Households Through Partnership With FOX Affiliates In Top 10 DMAs, Including New York, Los Angeles, And Chicago, Launching January 15, 2025

Guggenheim analyst Curry Baker maintains Sinclair (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBGI#NASDAQ">SBGI</a>) with a Buy and raises the price target from $18 to $19.

Guggenheim Maintains Buy on Sinclair, Raises Price Target to $19

Press Releases

Sinclair Wins 25 RTDNA Regional Edward. R. Murrow Awards

Gabelli Funds to Host 17th Annual Media & Entertainment Symposium Thursday, June 5, 2025

Sinclair Names Daniel Maas Vice President of Business Development, AMP Media

Sinclair and ONE Media Technologies Host End-to-End NextGen TV Interoperability Event

Sinclair Re-Elects Board, Ratifies and Approves Other Proposals

Sinclair's Multicast Networks CHARGE, Comet, ROAR and The Nest Announce Record Breaking Growth and New Programming Acquisitions

Broadcast Partners Announce Conrad Clemson as Chief Executive Officer of EdgeBeam Wireless

Six-year deal between WTA Ventures and Tennis Channel brings increased investment and exposure for women's tennis

Sinclair Names Matt Hamilton Vice President and General Manager of Boise Stations KBOI, KNIN & KYUU

Sinclair to Report Second Quarter 2025 Results on August 6, 2025 at 4:00 P.M. (Eastern Time)

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