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Sinclair Broadcast Group (SBGI)
:SBGI
RESEARCH TOOLSreports
Holding SBGI?
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SBGI Stock Chart & Stats
Day’s Range― - ―
52-Week Range$11.13 - $18.46
Previous CloseN/A
Volume101.96K
Average Volume (3M)236.56K
Market Cap
$986.35M
Enterprise Value$4.70B
Total Cash (Recent Filing)$259.98M
Total Debt (Recent Filing)$4.08B
Price to Earnings (P/E)―
Beta1.48
Next Earnings
Feb 26, 2025EPS Estimate
1.98Last Dividend Ex-Date
Dec 02, 2024Dividend Yield6.39%
Share Statistics
EPS (TTM)-3.34
Shares Outstanding42,645,542
10 Day Avg. Volume230,448
30 Day Avg. Volume236,561
Standard Deviation0.14
R-Squared0.35
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.31
Price to Cash Flow (P/CF)1.20
P/FCF Ratio1.40
Enterprise Value/Market Cap4.77
Enterprise Value/Revenue1.40
Enterprise Value/Gross Profit3.19
Enterprise Value/Ebitda-9.74
Forecast
1Y Price Target
$22.67Price Target Upside44.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Sinclair Broadcast News
PremiumMarket News
The Value of Sports in Streaming
PremiumCompany Announcements
Sinclair Broadcast Initiates Debt Recapitalization Agreement
PremiumCompany Announcements
Sinclair Broadcast Announces Financial Restructuring Agreement
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSinclair Broadcast Group's balance sheet is improving, as seen by the decrease in net leverage and an increase in cash holdings.
Market OpportunitiesThere is an expectation for increased Broadcast deal activity, which could benefit SBGI's market position.
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 Flow EstimatesSinclair 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 Advertising RevenueThe full-year 2024 political revenue guidance for Sinclair Broadcast Group has been lowered, reflecting a shift in political advertising spend to other markets.
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Ownership Overview
4.87% Insiders
15.91% Mutual Funds
0.26% Other Institutional Investors
63.05% 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.
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SBGI FAQ
What was Sinclair Broadcast Group’s price range in the past 12 months?
Sinclair Broadcast Group lowest stock price was $11.13 and its highest was $18.45 in the past 12 months.
What is Sinclair Broadcast Group’s market cap?
Sinclair Broadcast Group’s market cap is $986.35M.
When is Sinclair Broadcast Group’s upcoming earnings report date?
Sinclair Broadcast Group’s upcoming earnings report date is Feb 26, 2025 which is in 39 days.
How were Sinclair Broadcast Group’s earnings last quarter?
Sinclair Broadcast Group 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 Group overvalued?
According to Wall Street analysts Sinclair Broadcast Group’s price is currently Undervalued.
Does Sinclair Broadcast Group pay dividends?
Sinclair Broadcast Group pays a Quarterly dividend of $1 which represents an annual dividend yield of 6.39%. See more information on Sinclair Broadcast Group dividends here
What is Sinclair Broadcast Group’s EPS estimate?
Sinclair Broadcast Group’s EPS estimate is 1.98.
How many shares outstanding does Sinclair Broadcast Group have?
Sinclair Broadcast Group has 42,645,542 shares outstanding.
What happened to Sinclair Broadcast Group’s price movement after its last earnings report?
Sinclair Broadcast Group 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 Group?
Among the largest hedge funds holding Sinclair Broadcast Group’s share is Gamco Investors, Inc. ET AL. It holds Sinclair Broadcast Group’s shares valued at 56M.
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Sinclair Broadcast Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$22.67 (44.95% Upside)
$22.67 (44.95% Upside)
Blogger Sentiment
Neutral
SBGI Sentiment 50%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 925.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.7%
Last 30 Days ▼ 4.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.75%
12-Months-Change
Fundamentals
Return on Equity
-39.02%
Trailing 12-Months
Asset Growth
-4.90%
Trailing 12-Months
Company Description
Sinclair Broadcast Group
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.
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SBGI Company Deck
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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
$22.67
▲(44.95% Upside)
Technical Analysis
Gray Television
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Nexstar Media Group
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TEGNA
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Entravision
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E. W. Scripps Company Class A
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iHeartMedia
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Best Analysts Covering SBGI
1 Year
1 Year Success Rate
12/19 ratings generated profit
1 Year Average Return
+14.96%
reiterated a buy rating 2 months ago
Copying Daniel Kurnos's trades and holding each position for 1 Year would result in 63.16% of your transactions generating a profit, with an average return of +14.96% per trade.
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