Sinclair, Inc. (SBGI)
| Market Cap | 1.15B |
| Revenue (ttm) | 3.37B |
| Net Income (ttm) | -207.00M |
| Shares Out | 66.42M |
| EPS (ttm) | -3.18 |
| PE Ratio | n/a |
| Forward PE | 10.70 |
| Dividend | $1.00 (5.78%) |
| Ex-Dividend Date | Aug 30, 2024 |
| Volume | 238,867 |
| Open | 17.18 |
| Previous Close | 17.17 |
| Day's Range | 17.13 - 17.53 |
| 52-Week Range | 11.13 - 18.20 |
| Beta | 1.51 |
| Analysts | Buy |
| Price Target | 20.10 (+16.25%) |
| Earnings Date | Nov 6, 2024 |
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 16.25% from the latest price.
News
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...
Sinclair Reports Third Quarter 2024 Financial Results
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and nine months ended September 30, 2024. Highlights: Solid third...
Tennis Channel to Unveil Direct-to-Consumer Streaming Platform November 12
LOS ANGELES--(BUSINESS WIRE)--Tennis Channel will introduce a direct-to-consumer (DTC) streaming service that merges its flagship 24-hour network with extensive live and on-demand multicourt coverage,...
Sinclair Continues to Expand Podcast Content Division, “Unfiltered Soccer with Landon Donovan and Tim Howard” to Launch on November 12
BALTIMORE--(BUSINESS WIRE)--Sinclair continues to expand its podcast division, launching “Unfiltered Soccer with Landon Donovan and Tim Howard” on November 12, with U.S. soccer legends Landon Donovan ...
Sinclair Cares: Hurricane Relief Initiative Raises Nearly $1.3 Million to Support Those Affected by Hurricane Helene and Hurricane Milton
BALTIMORE--(BUSINESS WIRE)--Earlier this month, Sinclair launched Sinclair Cares: Hurricane Relief, a fundraising partnership with The Salvation Army to assist with humanitarian relief efforts on the ...
Sinclair's ONE Media Technologies Names Matthew Goldman Vice President, Strategic and Technical Initiatives
BALTIMORE--(BUSINESS WIRE)--ONE Media Technologies, LLC, a subsidiary of Sinclair, Inc., is pleased to announce Matthew Goldman has been named Vice President, Strategic and Technical Initiatives. In t...
Sinclair's EVP and Chief Financial Officer Lucy Rutishauser Appointed to the Business Advisory Council of the ATSC Board
BALTIMORE--(BUSINESS WIRE)--Sinclair is pleased to announce Lucy Rutishauser, the company's EVP and CFO, has been appointed to the Business Advisory Council of ATSC, the broadcast Standards Associatio...
WBFF/FOX 45 Baltimore to Launch “Spotlight on Maryland” Investigative Journalism Unit Focused on Governmental Inefficiencies
BALTIMORE--(BUSINESS WIRE)--WBFF/FOX 45 today announced the creation of “Spotlight on Maryland,” an investigative journalism unit designed to shed light on inefficiencies in state, county and local go...
Sinclair and Nebraska Public Media Announce Launch of First Station Offering Free Virtual Channel Hosting in ATSC 3.0
OMAHA, Neb.--(BUSINESS WIRE)--Sinclair Broadcast Group, LLC, a subsidiary of Sinclair, Inc. (NASDAQ: SBGI), and Nebraska Public Media announced the launch of the first free Broadcast-Enabled Streaming...
Sinclair to Report Third Quarter 2024 Results on November 6, 2024 at 4:00 p.m. (Eastern Time)
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) will report its third quarter 2024 earnings results at 4:00 p.m. ET on Wednesday, November 6, 2024, followed by a conference call to discuss t...
Sinclair's News Academy Returns in November with Three Virtual Sessions For Students Exploring Careers in Reporting, Producing and Weather
BALTIMORE--(BUSINESS WIRE)--Sinclair today announced the return of Sinclair's Reporting, Producer and Weather Academies, a series of free, interactive, virtual workshops for college students intereste...
Sinclair Cares: Hurricane Helene Relief
BALTIMORE--(BUSINESS WIRE)--Sinclair today announced the company has launched Sinclair Cares: Hurricane Helene Relief, a fundraising partnership with the Salvation Army to assist with humanitarian rel...
The Daily Record Names Chris Ripley, Sinclair President and CEO, One of Maryland's Most Admired CEOs
BALTIMORE--(BUSINESS WIRE)--The Daily Record, Maryland's daily news media company focused on law, government and business, has named Chris Ripley, Sinclair's President and Chief Executive Officer, one...
Sinclair's NewsON Collaborates with Mindgrub to Redefine Local News Experience with Apple Vision Pro App
BALTIMORE--(BUSINESS WIRE)--Sinclair's NewsON, a leading provider of live and on-demand local news content and Mindgrub, a prominent digital innovation agency, today announced a landmark collaboration...
The National News Desk: Sinclair Rebrands Daily Syndicated Newscasts
WASHINGTON--(BUSINESS WIRE)--Sinclair today announced its daily syndicated news program has been rebranded as The National News Desk. Launched January 2021 (as The National Desk) The National News Des...
Sinclair, Inc. Increases Third Quarter and Full-Year 2024 Political Revenue Expectations; Reiterates Prior Net Retrans Forecast
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the "Company," today announced that it is increasing its advertising guidance for the third quarter 2024 to account for stronger-than-expecte...
Sinclair to Present at the Deutsche Bank 32nd Annual Leveraged Finance Conference
BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI) announced today that its President and CEO, Chris Ripley and CFO Lucy Rutishauser, are scheduled to present at the Deutsche Bank 32nd Annual L...
Sinclair Names Cindi Dias Vice President and General Manager of KBAK and KBFX in Bakersfield, CA
BAKERSFIELD, Calif.--(BUSINESS WIRE)--Sinclair today announced that Cindi Dias has been named VP/GM of KBAK (CBS) and KBFX (FOX) in Bakersfield, California. Dias was most recently the General Sales Ma...
India-US Partnership, Led by Saankhya Labs and Sinclair, Announces the Development of Low Cost Direct-to-Mobile (D2M) Devices for Consumer Trials in India
BENGALURU & DELHI, INDIA & BALTIMORE--(BUSINESS WIRE)--Saankhya Labs, a subsidiary of Tejas Networks, Free Stream Technologies, incubated at Indian Institute of Technology (IIT), Kanpur, and Sinclair,...
“Full Measure with Sharyl Attkisson,” Sinclair's Weekly Investigative News Program, Returns for Tenth Season on Sunday, September 8
WASHINGTON--(BUSINESS WIRE)--Sinclair today announced Full Measure with Sharyl Attkisson will return for its tenth season, beginning on September 8. Full Measure, hosted by award-winning journalist Sh...
Sinclair Stations Honored with Two RTDNA National Edward. R. Murrow Awards
BALTIMORE--(BUSINESS WIRE)--Sinclair is proud to announce WCHS in Charleston and WPDE in Myrtle Beach have been honored by the Radio Television Digital News Association (RTDNA) with National Edward. R...
Sinclair Expands Podcast Content Division, Launches Sports Talent Programming with “The Triple Option” with Urban Meyer, Mark Ingram II, and Rob Stone and “Throwbacks” with Matt Leinart and Jerry Ferrara
BALTIMORE--(BUSINESS WIRE)--This month, Sinclair is expanding its podcast division, launching a new slate of sports programming featuring top athletes, coaches, and experts. On August 21 Sinclair will...