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Sinclair Broadcast Group, Inc. (SBGI)

Stock Price: $31.87 USD -0.43 (-1.33%)
Updated Jun 16, 2021 2:55 PM EDT - Market open
Market Cap 2.43B
Revenue (ttm) 5.85B
Net Income (ttm) -2.55B
Shares Out 74.39M
EPS (ttm) -33.60
PE Ratio n/a
Forward PE 3.63
Dividend $0.80
Dividend Yield 2.51%
Trading Day June 16
Last Price $31.87
Previous Close $32.30
Change ($) -0.43
Change (%) -1.33%
Day's Open 32.19
Day's Range 31.50 - 32.36
Day's Volume 203,504
52-Week Range 16.05 - 39.37

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Broadcast group owner Sinclair and investment fund LionTree are raising $250 million to launch a sports streaming service built on Sinclair's 21 regional sports networks around the United States. It cou...

1 day ago - Forbes

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) today announced the company's “Sinclair Cares: Roll Up Your Sleeves” campaign in partnership with American Red Cross. The campaign urg...

2 days ago - Business Wire

Sinclair Broadcast Group is quietly raising money for a new service to stream Major League Baseball, National Basketball Association and National Hockey League games to fans over the Internet, The Post ...

6 days ago - New York Post

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (the “Company”) (Nasdaq: SBGI) announced today that its annual stockholders meeting, scheduled for June 28th, will be webcast on its website, w...

1 week ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) is thrilled to announce that the company has been named to the prestigious Fortune 500 for the first time, ranking 465 on the list. Si...

2 weeks ago - Business Wire

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair” or the "Company"), today announced the planned retirement of Barry Faber, President of Distribution and Netwo...

3 weeks ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) is proud to announce that The Press Club of Atlantic City has honored Sinclair-owned WBFF FOX45 in Baltimore and WKRC Local 12 in Cinc...

4 weeks ago - Business Wire

ASHEVILLE, N.C.--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that Courtney Youngblood has been promoted to Vice President & General Manager of WLOS (ABC) in Asheville, North...

4 weeks ago - Business Wire

Sinclair Broadcast Group Inc (NASDAQ: SBGI) acquired the regional sports channels from the Walt Disney Co (NYSE: DIS) in 2019. Since then, Sinclair has struggled to gain traction with streaming and mone...

1 month ago - Benzinga

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) is proud to announce that 18 of its newsrooms have been honored with the prestigious RTDNA Regional Edward R. Murrow Award for Outstan...

1 month ago - Business Wire

Sinclair (SBGI) delivered earnings and revenue surprises of 108.26% and 2.46%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Cla...

1 month ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2021. First Quarter Highligh...

1 month ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) announced today it will be expanding its well-received original news program, “The National Desk,” bringing its in-depth, by-the-minut...

1 month ago - Business Wire

NEW YORK, May 4, 2021 /PRNewswire/ -- Today, Sinclair Broadcast Group ("Sinclair") (Nasdaq: SBGI) and Operative Media announced they have entered into a multi-year enterprise partnership agreement, whic...

1 month ago - PRNewsWire

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) today announced that Bally Sports, Tennis Channel, and its High School Sports Division collectively, brought home nine Cynopsis Sports...

1 month ago - Business Wire

Sinclair (SBGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Sinclair Broadcast Group is near a buy zone with earnings due on or around May 5. The post Stocks To Watch Ahead Of Earnings: Sinclair Broadcast Group appeared first on Investor's Business Daily.

1 month ago - Investors Business Daily

In-game micro-betting could become the dominant type of gambling in the hottest area of mobile betting.

Other stocks mentioned: BALY, DKNG, FUBO, JPM, MGM, PENN
1 month ago - The Motley Fool

Mario Gabelli shares what he's watching in the sports sector

YouTube video

Mario Gabelli, Gamco Investors CEO and chairman, joins 'Power Lunch' to discuss his stock picks and where he stands on gaming stocks.

Other stocks mentioned: BALY, BETZ, CZR, DKNG, LYV, MGM, MSGE ...
1 month ago - CNBC Television

Do regional sports networks and betting go hand-in-hand?

Other stocks mentioned: BALY, DIS, DKNG, FUBO, GOOG, GOOGL, MGM ...
1 month ago - The Motley Fool

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) will report its first quarter 2021 earnings results at 7:30 a.m. ET on Wednesday, May 5, 2021, followed by a conference call to ...

2 months ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) (“Sinclair”) announced today that upon the unanimous recommendation of the independent members of the Sinclair Board of Director...

2 months ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions in the fourth paragraph. The updated release reads: SINCLAIR BROADCAST GROUP FLAGSHI...

2 months ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (Nasdaq: SBGI) (‘the Company') is celebrating 50 years of broadcasting for its flagship, Baltimore-based station, WBFF-FOX45. The celebration began o...

2 months ago - Business Wire

ERLANGEN, Germany--(BUSINESS WIRE)-- #DRMDigitalRadio--Sinclair DRM over ATSC

2 months ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group (NASDAQ: SBGI) (‘the Company') today announced that Ring of Honor (ROH), the Company's professional wrestling promotion, will be airing special progr...

2 months ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--WGME CBS 13 (Portland, ME), affiliate of Sinclair Broadcast Group Inc. (Nasdaq: SBGI), is proud to report that Investigative Reporter Jon Chrisos and the station's I-Team hav...

2 months ago - Business Wire

Baseball season has started and playoffs loom in basketball and hockey. But we've got an array of carriage battles over the distribution of regional sports networks (“RSNs”) on cable, satellite and stre...

2 months ago - Forbes

With legalized sports betting growing and in a move to increase revenue, Sinclair's RSN's have been rebranded as Bally.

2 months ago - Forbes

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (“STG”), has ent...

2 months ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--Today, Sinclair Broadcast Group (NASDAQ: SBGI) and Bally's Corporation (NYSE: BALY) announced the official rebrand of its regional sports networks (RSNs) as Bally Sports, ush...

Other stocks mentioned: BALY
2 months ago - Business Wire

Sinclair Broadcasting and Bally's team up

YouTube video

Chris Ripley, Sinclair CEO and Soo Kim, Bally's chairman, discuss their partnership in which Sinclair will rename it's 21 regional sports networks after the the casino operator.

Other stocks mentioned: BALY
2 months ago - CNBC Television

HUNT VALLEY, Md.--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (“Sinclair”) (Nasdaq: SBGI) and ONE Media 3.0, LLC (“ONE Media”) applaud the Telecom Standards Development Society, India (TSDSI) and th...

2 months ago - Business Wire

SYRACUSE, N.Y.--(BUSINESS WIRE)--The future of television arrived today in Syracuse. Three leading local television stations in Syracuse, NY, including WSYR-TV (ABC), WTVH (CBS) and WSTM-TV (NBC), becam...

Other stocks mentioned: NXST
2 months ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (“STG”), intends...

3 months ago - Business Wire

Sinclair Broadcast Group saw its IBD SmartSelect Composite Rating jump to 96 Thursday, up from 94 the day before. The post Sinclair Broadcast Group Receives Composite Rating Upgrade appeared first on In...

3 months ago - Investors Business Daily

Citing the coronavirus pandemic, the Sinclair Broadcast Group said on Wednesday that it will reduce its workforce by approximately 5%, amounting to hundreds of layoffs across the company.

3 months ago - CNN Business

Shares of Sinclair Broadcast Group (NASDAQ:SBGI) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share rose 586.17% year over year to $6.45, which beat the estimate ...

3 months ago - Benzinga

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Cla...

3 months ago - Business Wire

BALTIMORE--(BUSINESS WIRE)--Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and twelve months ended December 31, 2020. Fourth Q...

3 months ago - Business Wire

On Tuesday, Sinclair Broadcast Group got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96. The post Sinclair Broadcast Joins Elite List Of Stocks With 95-Plus Composite Rating appeared ...

3 months ago - Investors Business Daily

On Tuesday, Sinclair Broadcast Group got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96. The post Sinclair Broadcast Group Joins Elite List Of Stocks With 95-Plus Composite Rating app...

3 months ago - Investors Business Daily

The world of content and entertainment has changed significantly in the past decade. These media stocks will struggle moving forward.

Other stocks mentioned: CHTR, DISH, FOX, SIRI, SJR, TV
3 months ago - InvestorPlace

Sinclair (SBGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

BALTIMORE and PROVIDENCE, R.I., Jan. 27, 2021 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) ("Sinclair") and Bally's Corporation (NYSE: BALY) ("Bally's") today jointly revealed the new B...

Other stocks mentioned: BALY
4 months ago - PRNewsWire

Regional sports networks are lost in a no man's land.

Other stocks mentioned: FUBO
4 months ago - The Motley Fool

BALTIMORE, Jan. 25, 2021 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) will report its fourth quarter 2020 earnings results at 7:30 a.m. ET on Wednesday, February 24, 2021, followed by a...

4 months ago - PRNewsWire

Legendary billionaire fund manager Mario Gabelli is bullish on infrastructure stocks for the simple reason that advanced infrastructure is a net positive for the United States, he said on Fox Business' ...

Other stocks mentioned: BALY, GCP, HY, MSG, PM
4 months ago - Invezz

BALTIMORE, Jan. 15, 2021 /PRNewswire/ -- Sinclair Broadcast Group (NASDAQ: SBGI) ("Sinclair") is excited to announce that its original news program, "The National Desk," will premiere this Monday, Janua...

5 months ago - PRNewsWire

About SBGI

Sinclair Broadcast Group, Inc. operates as a diversified television media company in the United States. The company operates in two segments, Broadcast and Local Sports. It owns or provides various programming, operating, sales, and other non-programming operating services to television stations. The company broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and internally originated programmi... [Read more...]

Industry
Broadcasting
IPO Date
Jun 6, 1995
CEO
Christopher Ripley
Employees
11,600
Stock Exchange
NASDAQ
Ticker Symbol
SBGI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 8 analysts, the average rating for SBGI stock is "Hold." The 12-month stock price forecast is 31.57, which is a decrease of -0.94% from the latest price.

Price Target
$31.57
(-0.94% downside)
Analyst Consensus: Hold