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Sinclair Broadcast Group, Inc. (SBGI)

Stock Price: $21.42 USD -0.46 (-2.08%)
Updated Aug 12, 2020 3:59 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.59B
Revenue (ttm) 5.64B
Net Income (ttm) 358.00M
Shares Out 53.30M
EPS (ttm) 4.00
PE Ratio 5.35
Forward PE 6.37
Dividend $0.80
Dividend Yield 3.74%

Stock Quote

Trading Day Aug 12, 2020
Last Price $21.42
Previous Close $21.87
Change ($) -0.46
Change (%) -2.08%
Day's Open 22.37
Day's Range 20.95 - 23.11
Day's Volume 1,457,435
52-Week Range 10.58 - 47.76

More Stats

Market Cap 1.59B
Enterprise Value 13.62B
Earnings Date (est) Nov 4, 2020
Ex-Dividend Date May 29, 2020
Shares Outstanding 53.30M
Float 47.00M
EPS (basic) 4.31
EPS (diluted) 4.00
FCF / Share 10.39
Dividend $0.80
Dividend Yield 3.74%
Earnings Yield 18.68%
FCF Yield 52.49%
Payout Ratio n/a
Shares Short 7.20M
Short Ratio 3.84
Short % of Float 36.47%
Beta 1.35
PE Ratio 5.35
Forward PE 6.37
P/FCF Ratio 1.91
PS Ratio 0.28
PB Ratio 1.10
Revenue 5.64B
Operating Income 1.09B
Net Income 358.00M
Free Cash Flow 835.90M
Net Cash -12.03B
Net Cash / Share -161.75
Gross Margin 34.07%
Operating Margin 19.33%
Profit Margin 6.30%
FCF Margin 14.82%
ROA 3.42%
ROE 12.60%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (7)

Buy 2
Overweight 1
Hold 3
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$20.33*
(-5.07% downside)
Low
16.0
Current: $21.42
High
28.0
Target: 20.33
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue4,2403,0552,6362,6232,2191,9771,3631,062765768
Revenue Growth38.79%15.9%0.51%18.18%12.27%45%28.39%38.73%-0.31%-
Gross Profit1,2791,1129631,081961918648509358388
Operating Income470660737603423495324329226241
Net Income47.0034157624517221273.4714575.8076.15
Shares Outstanding92.0210199.8493.5795.0097.1193.2181.0280.2280.25
Earnings Per Share0.513.355.722.601.792.170.781.780.940.94
EPS Growth-84.78%-41.43%120%45.25%-17.51%178.21%-56.18%89.36%0%-
Dividend Per Share0.800.740.720.710.660.630.601.540.480.43
Dividend Growth8.11%2.78%2.13%6.82%4.76%5%-61.04%220.83%11.63%-
Operating Cash Flow916647432612403433161237149155
Capital Expenditures-156-105-84.00-94.47-91.42-81.46-43.39-43.99-35.84-11.69
Free Cash Flow760542348517312351117193113143
Cash & Equivalents1,3331,06099426015417.6829223.0971.6927.03
Total Debt12,6933,8934,0494,2043,8543,8873,0342,2731,2061,212
Net Cash / Debt-11,360-2,833-3,054-3,944-3,701-3,869-2,742-2,250-1,134-1,185
Assets17,3706,5726,7845,9635,4325,4104,1472,7301,5711,486
Liabilities14,5984,9725,2505,4054,9335,0053,7422,8301,6831,643
Book Value1,5021,6391,569588526428396-117-121-165
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Sinclair Broadcast Group, Inc.
Country United States
Employees 11,800
CEO Christopher Stewart Ripley

Stock Information

Ticker Symbol SBGI
Stock Exchange NASDAQ
Sector Communication Services
Industry Broadcasting
Unique Identifier NASDAQ: SBGI
IPO Date June 6, 1995

Description

Sinclair Broadcast Group, Inc. operates as a diversified television media company in the United States. The company operates in two segments, Local News and Marketing Services; and 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 programming to television viewing audiences in the communities through its local television stations. As of December 31, 2019, it owned, operated, and/or provided services to 191 stations in 89 markets, which broadcast 629 channels. The company also owns and operates various networks carried on distribution platforms; and Tennis Channel, a cable network that includes coverage of various tennis' top tournaments and original professional sport, and tennis lifestyle shows. In addition, it owns regional sports network, which has the exclusive rights to air games of 45 professional sports teams and other sporting events. Further, the company offers digital agency services; and provides broadcast related technical services to the broadcast industry, as well as designs and manufactures broadcast systems, including transmitters and antennas. Additionally, it owns various non-media related investments, including private equity, mezzanine financing, and real estate investments. It also offers Tennis Magazine; and operates Tennis.com, an online tennis platform. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.