Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Sinclair Broadcast (SBGI)
NASDAQ:SBGI
RESEARCH TOOLSreports
SBGI Stock Chart & Stats
Day’s Range― - ―
52-Week Range$11.13 - $18.46
Previous CloseN/A
Volume101.96K
Average Volume (3M)195.33K
Market Cap
$990.33M
Enterprise Value$4.70B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.34
Next Earnings
Feb 26, 2025Last Dividend Ex-Date
Dec 02, 2024Dividend Yield6.71%
Share Statistics
EPS (TTM)-3.34
Shares Outstanding42,645,542
10 Day Avg. Volume175,530
30 Day Avg. Volume195,326
Standard Deviation0.14
R-Squared0.34
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.29
Price to Cash Flow (P/CF)1.20
P/FCF Ratio1.30
Enterprise Value/Market Cap4.75
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit3.19
Enterprise Value/Ebitda15.89
Forecast
1Y Price Target
$24.50Price Target Upside65.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
---
Sinclair Broadcast News
PremiumCompany Announcements
Sinclair Broadcast Initiates Debt Recapitalization Agreement
PremiumCompany Announcements
Sinclair Broadcast Announces Financial Restructuring Agreement
PremiumMarket News
The Value of Sports in Streaming
---
Bulls Say, Bears Say
Bulls Say
Debt ManagementSinclair made significant progress towards removing their impending debt overhang by announcing plans regarding the remainder of the cap structure, pushing out all meaningful maturities until 2029.
Financial StabilitySinclair Broadcast Group's balance sheet is improving, as seen by the decrease in net leverage and an increase in cash holdings.
Regulatory EnvironmentThe expectation of a Republican-controlled FCC is likely to lead to deregulation in the broadcast sector, which could benefit Sinclair Broadcast Group.
Bears Say
Cash FlowSinclair Broadcast Group's free cash flow estimates have been significantly reduced, implying financial challenges moving forward.
Financial PerformanceSinclair Broadcast Group's Q3 revenue and adjusted EBITDA both missed their pre-announced guidance ranges, indicating weaker-than-expected performance.
Political AdvertisingThe full-year 2024 political revenue guidance for Sinclair Broadcast Group has been lowered, reflecting a shift in political advertising spend to other markets.
---
Ownership Overview
4.87% Insiders
15.91% Mutual Funds
26.31% Other Institutional Investors
37.05% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
SBGI FAQ
What was Sinclair Broadcast’s price range in the past 12 months?
Sinclair Broadcast lowest stock price was $11.13 and its highest was $18.45 in the past 12 months.
What is Sinclair Broadcast’s market cap?
Sinclair Broadcast’s market cap is $990.33M.
When is Sinclair Broadcast’s upcoming earnings report date?
Sinclair Broadcast’s upcoming earnings report date is Feb 26, 2025 which is in 4 days.
How were Sinclair Broadcast’s earnings last quarter?
Sinclair Broadcast released its earnings results on Nov 06, 2024. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.36.
Is Sinclair Broadcast overvalued?
According to Wall Street analysts Sinclair Broadcast’s price is currently Undervalued.
Does Sinclair Broadcast pay dividends?
Sinclair Broadcast pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 6.71%. See more information on Sinclair Broadcast dividends here
What is Sinclair Broadcast’s EPS estimate?
Sinclair Broadcast’s EPS estimate is 2.
How many shares outstanding does Sinclair Broadcast have?
Sinclair Broadcast has 42,645,542 shares outstanding.
What happened to Sinclair Broadcast’s price movement after its last earnings report?
Sinclair Broadcast reported an EPS of $1.43 in its last earnings report, beating expectations of $1.07. Following the earnings report the stock price went down -2.737%.
Which hedge fund is a major shareholder of Sinclair Broadcast?
Currently, no hedge funds are holding shares in SBGI
---
Sinclair Broadcast Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$24.50 (65.43% Upside)
$24.50 (65.43% Upside)
Blogger Sentiment
Bullish
SBGI Sentiment 66%
Sector Average 72%
Sector Average 72%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 7.5%
Last 30 Days ▼ 16.4%
Last 30 Days ▼ 16.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-0.40%
12-Months-Change
Fundamentals
Return on Equity
-39.02%
Trailing 12-Months
Asset Growth
-4.90%
Trailing 12-Months
Company Description
Sinclair Broadcast
Sinclair Broadcast Group, Inc. is a television broadcasting company, which engages in the provision of content on local television stations and digital and other platforms. It operates through Broadcast segment. The Broadcast segment provides free over-the-air programming to television viewing audiences in the communities through local television stations. Its primary channels consists of network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and internally originated programming. The company was founded by Julian Sinclair Smith in 1986 and is headquartered in Hunt Valley, MD.
---
SBGI Company Deck
---
SBGI Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive outlook with strong growth in political advertising and successful distribution renewals, offset by some challenges like late political ad cancellations affecting revenue targets. Overall, the company demonstrated resilience and adaptability in a dynamic market environment.Read More>---
SBGI Stock 12 Month Forecast
Average Price Target
$24.50
▲(65.43% Upside)
Technical Analysis
Best Analysts Covering SBGI
1 Year
1 Year Success Rate
13/20 ratings generated profit
1 Year Average Return
+12.98%
reiterated a buy rating 25 days ago
Copying Daniel Kurnos's trades and holding each position for 1 Year would result in 65.00% of your transactions generating a profit, with an average return of +12.98% per trade.
---