Sinclair, Inc. (SBGI)
Market Cap | 977.71M |
Revenue (ttm) | 3.37B |
Net Income (ttm) | -207.00M |
Shares Out | 66.42M |
EPS (ttm) | -3.18 |
PE Ratio | n/a |
Forward PE | 9.37 |
Dividend | $1.00 (6.79%) |
Ex-Dividend Date | Dec 2, 2024 |
Volume | 141,537 |
Open | 14.75 |
Previous Close | 14.64 |
Day's Range | 14.50 - 15.10 |
52-Week Range | 11.13 - 18.45 |
Beta | 1.55 |
Analysts | Buy |
Price Target | 20.10 (+36.55%) |
Earnings Date | Feb 26, 2025 |
About SBGI
Sinclair, Inc., a media company, provides content on local television stations and digital platforms in the United States. It operates through two segments, Local Media and Tennis. The Local Media segment operates broadcast television stations, original networks, and content; provides free-over-the-air programming and live local sporting events on its stations; distributes its content to multi-channel video programming distributors in exchange for contractual fees; and produces local and original news programs. This segment operates The Nest, a... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for SBGI stock is "Buy." The 12-month stock price forecast is $20.1, which is an increase of 36.55% from the latest price.
News
Sinclair Announces Supplement to Confidential Offering Memorandum, Offer to Exchange and Consent Solicitation Statement Relating to the Exchange Offer and Consent Solicitation of 4.375% Second-Out First Lien Secured Notes of Sinclair Television Group
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the “Company” or “Sinclair”) today announced that Sinclair Television Group, Inc. (“STG” or the “Issuer”) has supplemented and amended the Co...
Sinclair Prices Private Offering of First-Out First Lien Secured Notes of Sinclair Television Group, Inc.
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the “Issuer”), has priced its...
Sinclair Announces Private Offering of First-Out First Lien Secured Notes of Sinclair Television Group, Inc.
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (the “Issuer”), intends to off...
Sinclair Announces Any and All Private Debt Exchange Offer and Consent Solicitation of 4.375% Second-Out First Lien Secured Notes of Sinclair Television Group
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair") today announced that Sinclair Television Group, Inc. (“STG” or the “Issuer”) has commenced a private exchange of...
Sinclair Reports Preliminary Fourth Quarter 2024 Local Media Segment Media Revenues and Certain Expenses
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the “Company,” today released preliminary unaudited Local Media segment fourth quarter 2024 media revenues and certain media operating expens...
Sinclair to Report Fourth Quarter 2024 Results on February 26, 2025 at 4:00 p.m. (Eastern Time)
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) will report its fourth quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, February 26, 2025, followed by a conference call to discuss...
Sinclair Announces Company Promotions
BALTIMORE, Md.--(BUSINESS WIRE)--Sinclair Inc., a diversified media company and a leader in local news and sports, today announced several promotions across the company. The following promotions are e...
Sinclair: Earnings Surprise, And Very Undervalued
Sinclair, Inc. appears undervalued due to its strategic investments in property, equipment, and share repurchases, which signal confidence in future revenue growth and free cash flow. The company's ex...
PBS Reno and Sinclair Launch KNPB-VC, ATSC 3.0 Virtual Channel 5-11
RENO, Nev.--(BUSINESS WIRE)--PBS Reno and Sinclair Broadcast Group, LLC, a subsidiary of Sinclair, Inc. (NASDAQ: SBGI), proudly announce the launch of KNPB-VC, a new virtual ATSC 3.0 channel, broadcas...
Sinclair Launches AMP Sales & Marketing Solutions and AMP Media
BALTIMORE, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group today announced the launch of two major initiatives: AMP Sales & Marketing Solutions, a reimagined advertising sales and integrated marketing ...
Sinclair Announces Renewals of NBC Affiliation Agreements
NEW YORK & BALTIMORE--(BUSINESS WIRE)--Sinclair and NBC today announced a comprehensive, multi-year agreement that renews station affiliation agreements for all 21 of Sinclair's owned and/or operated ...
Sinclair Enters Into Agreement with Creditors on Liquidity Enhancing Transaction
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today announced that Sinclair Television Group, Inc. (“STG”) and certain affiliated entities have entered into a...
Sinclair and Tennis Channel Partner with Salvation Army for Sinclair Cares: California Wildfires Relief
BALTIMORE, Md.--(BUSINESS WIRE)--Sinclair and Tennis Channel today announced Sinclair Cares: California Wildfires Relief, a fundraising initiative in partnership with the Salvation Army to provide dis...
Local Broadcasters Form Joint Venture to Provide High-Speed Data Transmission Services to Clients Across the United States
LAS VEGAS--(BUSINESS WIRE)--Four of the nation's largest independent local broadcasting groups have come together to form EdgeBeam Wireless, LLC, a joint venture created to provide robust wireless dat...
Sinclair Announces Annual Diversity Scholarship Submission for 2025
BALTIMORE--(BUSINESS WIRE)--Sinclair today announced that the company's annual Diversity Scholarship program is now accepting applications for the 2025 academic year. Having provided nearly $400,000 i...
Sinclair Names Jon Kramer Vice President/General Manager of WMSN FOX 47 in Madison, WI
MADISON, Wis.--(BUSINESS WIRE)--Sinclair today announced that Jon Kramer has been named Vice President/General Manager of WMSN FOX 47 in Madison. Kramer previously served as the station's General Sale...
Wall Street's Most Accurate Analysts Weigh In On 3 Tech And Telecom Stocks With Over 5% Dividend Yields
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 high...
Nashville PBS and Sinclair Launch WNPT-VC, ATSC 3.0 Virtual Channel
NASHVILLE, Tenn.--(BUSINESS WIRE)--Nashville PBS and Sinclair Broadcast Group, LLC, a subsidiary of Sinclair, Inc. (NASDAQ: SBGI), proudly announce the launch of WNPT-VC, a new virtual ATSC 3.0 channe...
Sinclair Expands Broadcast Network Footprint of TBD TV Through Partnership With FOX in Top 10 DMAs
HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair today announced a network distribution agreement with FOX Television Stations to add Sinclair's free over-the-air national broadcast TV network TBD TV to FO...
Airtasker USA Accelerates Growth with $12 Million in Strategic Media Partnerships with Sinclair and Mercurius
LOS ANGELES--(BUSINESS WIRE)--Airtasker (ASX: ART), the global marketplace for local services, today announced it has secured a total of $12 million in media capital through partnerships with Sinclair...
Sinclair's “The Triple Option” Podcast to Broadcast Live from the 2024 Army-Navy Game Media Row Presented by USAA
BALTIMORE--(BUSINESS WIRE)--One of the greatest rivalries in sports is set to add another chapter on Saturday, December 14, as Army and Navy face off for the 125th time. In celebration of this storied...
Sinclair Congratulates Brendan Carr on Appointment as Chairman of the Federal Communications Commission
BALTIMORE, Md.--(BUSINESS WIRE)--Sinclair, Inc. President and CEO Chris Ripley issued the following statement in response to the announcement that Commissioner Brendan Carr will be named Chairman of t...
Sinclair and IIT Bombay Sign MoU for Next Generation Wireless Broadcast-to-Everything (B2X) Research
BALTIMORE & MUMBAI, India--(BUSINESS WIRE)--Sinclair, Inc. and the Indian Institute of Technology Bombay (IIT Bombay) have signed a Memorandum of Understanding (MoU) for collaboration of technology an...
Sinclair, Inc. (SBGI) Q3 2024 Earnings Call Transcript
Sinclair, Inc. (SBGI) Q3 2024 Earnings Call Transcript
Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's Class A and Class B common st...